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Amino Acid Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

11-17-2023 08:05 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Amino Acid Market is Anticipated to Increase at a Stable CAGR over

The amino acid market is expected to grow at a CAGR of nearly 7.8% during the forecast period .The major factor driving the growth of the global amino acid market include the rising demand for amino acids from the food industry, pharmaceutical, and nutraceutical. Additionally, the rising prevalence of amino acid metabolism disorders such as Homocystinuria, Argininosuccinic academia, Citrullinemia, , and Maple syrup urine disease will drive the growth of the market. According to the National Centre for Biotechnology Information, the global prevalence of is 6.002 per 100,000 neonates in 2020. It is the disease caused due to congenital defects in the phenylalanine metabolism, an amino acid, which further leads to irreversible nerve ending.

Amino acids are the building blocks of the body consists of hydrogen (H), nitrogen (N), oxygen (O), and carbon (C), and others, which subsequently attach together to form proteins. There are more than 500 amino acids naturally available, among which only 20 are found in the genetic code of an individual. The rise in demand for amino acids can be attributed to the use of the amino acids in aiding conditions such as smoking cessation, bruxism, depression, attention deficit-hyperactivity disorder (ADHD), premenstrual dysphoric disorder (PMDD), and sleep disorders. For instance, L-tryptophan, an essential amino acid, is intended to treat severe symptoms of depression, premenstrual syndrome (PMS), and many more.

The key players contributing to the growth of the global amino acid market by adopting various strategies such as product launches and developments, mergers and acquisitions, partnerships, and agreements, include AjinomotoCo., Inc., Kyowa Hakko Bio. Co. Ltd., Amino GmbH, Bill Barr & Company, Iris Biotech GmbH, Taiwan Amino Acids Co. Ltd., among others. For instance, in January 2020, the Marquie Group, Inc., an emerging player in the global beauty and wellness market, in collaboration with Whim launched premium amino acid-based products including AminoMints, a healthy amino acid containing mint, and AminoFizz, an effervescent drink containing amino acids.

To Request a Sample of our Report on Amino Acid Market: https://www.omrglobal.com/request-sample/amino-acid-market

Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2022-2030

• Segment Covered-

· By Type

· By Raw Material

· By Application

• Regions covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape- AjinomotoCo., Inc., Kyowa Hakko Bio. Co. Ltd., Amino GmbH, Bill Barr & Company, Iris Biotech GmbH, among others.

Amino Acid Market- Segmentation

By Type

• Glutamic Acid

• Lysine

• Methionine

• Threonine

• Phenylalanine

• Tryptophan

• Citrulline

• Glycine

• Glutamine

• Creatine

• Arginine

• Valine

• Leucine

• Iso-Leucine

• Proline

• Serine

• Tyrosine

• Others

By Raw Material

• Plant-Based

• Animal-Based

By Application

• Animal Feed

• Food

• Healthcare

A full Report of Amino Acid Market is Available at: https://www.omrglobal.com/industry-reports/amino-acid-market

Amino Acid Market - Segmentation by region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East and Africa

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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