Press release
Amino Acids Market Growth | Trends, Demand & Forecast 2024-2031 | Adisseo, ADM, Ajinomoto Co., Inc.
Global Amino Acids Market reached US$ 26.18 billion in 2023 and is expected to reach US$ 52.02 billion by 2031, growing with a CAGR of 8.96% during the forecast period 2024-2031.Amino Acids Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Amino Acids Market encompasses the production, distribution, and application of essential and non-essential amino acids used in pharmaceuticals, food & beverages, animal feed, and personal care. Driven by rising health awareness, dietary supplements, and growing protein demand, the market is expanding with innovations in fermentation technology and plant-based amino acid production for sustainable solutions.
List of the Key Players in the Amino Acids Market:
Adisseo, ADM, Ajinomoto Co., Inc., Blue Star Corp., CJ CheilJedang Corp., DAESANG, DSM, Donboo Amino Acid Co., Ltd., Evonik Industries AG and Novus International.
Industry Development:
In April 2023, Ajinomoto Co., Inc. teamed up with Logomix Inc., a biotech start-up specializing in genome engineering, to develop more sustainable amino acid production methods. By combining Logomix's advanced genome engineering platform with Ajinomoto's deep expertise in amino acid production, the partnership aims to create innovative solutions that support carbon neutrality.
In March 2023, Corteva Inc. and Bunge made significant strides in developing amino acid-enhanced soybean meals designed for the animal feed industry. Their work focuses on improving feed quality for poultry, swine, and aquaculture, offering more nutritious and efficient options for farmers and producers.
Growth Forecast Projected:
The Global Amino Acids Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Amino Acids Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Amino Acids Market:
By Type: Essential, Non-essential.
By Source: Plant-based, Animal-based.
By Grade: Food Grade, Feed Grade, Pharma Grade, Others.
By End-User: Food & Beverage, Animal Feed, Pet Food, Pharmaceuticals, Vaccine Formulation, Personal Care & Cosmetics, Dietary Supplements, Agriculture, Others.
Regional Analysis for Amino Acids Market:
The regional analysis of the Amino Acids Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
Speak to Our Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/amino-acids-market
People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Amino Acids market?
➠ Who are the leading manufacturers in the global Amino Acids industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Amino Acids industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Amino Acids market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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