Press release
The global amino acids market is experiencing rapid growth, with a market value of USD 28.40 Bn in 2022 and projected to reach USD 51.05 Bn by 2029, at a CAGR of 7.6 Percent from 2022 to 2029.
Amino Acids Market Report Scope and Research Methodology:Amino acids, essential organic compounds that serve as the building blocks of proteins, are witnessing increasing demand across various industries such as food and beverage, animal feed, pharmaceuticals, cosmetics, and more. The market is segmented by source, application, and region to cater to diverse industry requirements.
Amino acids find extensive application in the food and beverage industry, where they are used as additives to enhance flavor and nutrition in processed products. They are also utilized in the production of protein supplements and sports nutrition products. In the animal feed industry, amino acids are added to improve animal health and growth, particularly in poultry, swine, aquaculture, and pet food. Moreover, amino acids play a crucial role in the pharmaceutical industry for the production of drugs such as antibiotics, antacids, anti-inflammatory medications, vaccines, and cancer treatments. Additionally, amino acids are widely used in the cosmetics industry to enhance skin and hair health.
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Amino Acids Market Dynamics:
The market trends in the amino acids industry indicate a growing demand for high-quality animal protein, leading to increased use of amino acids as animal feed additives. Additionally, the focus on health and fitness has resulted in a surge in demand for amino acids in the pharmaceutical and nutraceutical industries. Consumers are also showing preference for natural and organic products, including plant-based amino acids, as ethical and sustainable alternatives to animal-derived amino acids. Technological advancements in amino acid production, such as fermentation and enzymatic processes, are offering more efficient and cost-effective methods.
The report on the amino acids market highlights the drivers propelling market growth, including the increasing demand from end-use industries such as food and beverages, pharmaceuticals, animal feed, cosmetics, and personal care products. Advancements in biotechnology have also contributed to the development of new methods for producing amino acids, making them more affordable and accessible. Furthermore, the growing demand for meat and dairy products and the popularity of functional foods and natural personal care products are expected to fuel the market expansion.
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Amino Acids Market Regional Insights:
The Asia Pacific region dominates the amino acids market, primarily driven by the increasing demand for amino acids in animal feed and the growing awareness of health and fitness. Key market players operating in the global amino acids market include Ajinomoto Co., Inc., Archer Daniels Midland Company, Cargill, Incorporated, CJ CheilJedang Corp., Evonik Industries AG, Kyowa Hakko Kirin Co., Ltd., Novus International, Inc., Prinova Group LLC, Royal DSM N.V., and Sumitomo Chemical Co., Ltd.
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Amino Acids Market Segmentation
By Raw Material:
• Plant Based
• Animal Based
By form:
• Power
• Granules
• Liquid
• Others
By Product:
• Animal Feed
• Food & Dietary Supplements
• Pharmaceutical
• Others
By Purity Level:
• L-Glutamate
• Lysine
• Methionine
• Threonine
• Tryptophan
• Leucine
• Others
By Livestock:
• 99%
• More Than 99%
• 90%
• 80%
• 70%
• Less Than 60%
By Technology:
• Swine
• Poultry
• Cattle
• Others
By Function:
• Fortification
• Energy Booster
• Flavour Enhancer
• Preservative
• Others
Amino Acids Market Key Competitors include:
• Ajinomoto Co., Inc. (Japan)
• ADM (US)
• Evonik Industries AG (Germany)
• CJ CheilJedang Corp. (South Korea)
• Kyowa Hakko Bio Co., Ltd. (Japan)
• Sumitomo Chemical Co., Ltd. (Japan)
• Daesang Corporation (South Korea)
• Shijiazhuang Donghua Jinlong Chemical Co. Ltd. (China)
• Yichang Sanxia Pharmaceutical Co., Ltd. (China)
• Meihua Holdings Group Co., Ltd. (China)
• Fufeng Group (China)
• Chengfu Group Co., Ltd. (China)
• Nippon Rika Co., Ltd. (Japan)
• Tianjin Tianan Pharmaceuticals Co., Ltd. (China)
• Amino GmbH (Germany)
• AminoLogics Co., Ltd. (South Korea)
• Hiran Orgochem Ltd. (India)
• Sunrise Nutrachem Group (China)
• Tai Heng Industry Co., Ltd. (Taiwan)
• Jinghai Amino Acid Co., Ltd. (China)
• Chongqing Unisplendour Chemical Co., Ltd. (China)
• Star Lake Bioscience Co., Ltd. (China)
• Prinova Group LLC (US)
• Shandong Fortune Spring Co., Ltd. (China)
• Archer Daniels Midland Company (US)
• Wuxi Jinghai Amino Acid Co., Ltd. (China)
• Sichuan Tongsheng Amino Acid Co., Ltd. (China)
Table of Content for Amino Acids Market
1. Global Amino Acids Market: Research Methodology
2. Global Amino Acids Market: Executive Summary
• Market Overview and Definitions
o Introduction to Global Market
• Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry
3. Global Amino Acids Market: Competitive Analysis
• MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
• Consolidation in the Market
o M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
• COVID-19 Impact
4. Global Amino Acids Market Segmentation
• Global Market, by Raw Material (2021-2029)
• Global Market, by form (2021-2029)
• Global Market, by Product (2021-2029)
• Global Market, by Purity Level (2021-2029)
• Global Market, by Livestock (2021-2029)
• Global Market, by Technology (2021-2029)
• Global Market, by Function (2021-2029)
5. Regional Amino Acids Market (2021-2029)
• Regional Market, by Raw Material (2021-2029)
• Regional Market, by form (2021-2029)
• Regional Market, by Product (2021-2029)
• Regional Market, by Purity Level (2021-2029)
• Regional Market, by Livestock (2021-2029)
• Regional Market, by Technology (2021-2029)
• Regional Market, by Function (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Purchase Report : https://www.maximizemarketresearch.com/market-report/amino-acids-market/190304/
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Raw Material, form, Product, Purity Level, Livestock, Technology and Function
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
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