Amino Acids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Amino Acids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • February 2021 •
  • 112 pages •
  • Report ID: 5175295 •
  • Format: PDF
The global amino acids market reached a volume of 9.8 Million Tons in 2020. Amino acids are the building blocks of proteins and form a significant part of both animal and human nutrition. In the human body, they are required for vital processes such as the synthesis of neurotransmitters and hormones. Amino acids are found in abundance in red meat, seafood, eggs, dairy products, quinoa and soy products. They are beneficial for strengthening the immune system, fighting arthritis and cancer, and treating tinnitus and rectal diseases. Nowadays, the demand for amino acids is rising as they aid in improving conditions like depression, sleep disorders, premenstrual dysphoric disorder (PMDD), smoking cessation, bruxism and attention deficit-hyperactivity disorder (ADHD).

Rising health-consciousness among consumers has increased the demand for nutritious foods. This has prompted food and beverage manufacturers to introduce products fortified with essential nutrients, such as amino acids, thereby leading to an increase in their demand. In addition, bodybuilders and athletes are increasingly preferring protein-rich products to enhance their performance and improve muscle development. Some of these products include sports supplements, such as energy drinks, nutrition bars, low carbohydrate foods and nutrition supplements. Further, amino acids are used in animal feed to meet the protein requirements of the animals. Moreover, constant developments in the field of biotechnology have played a significant role in the production of proteinogenic amino acids, which are incorporated into proteins during translation. Looking forward, the analyst expects the global amino acids market to reach a volume of 13.10 Million Tons by 2026, exhibiting a CAGR of 5.00% during 2021-2026.

Breakup by Type:
Glutamic Acid
Lysine
Methionine
Others

Glutamic acid currently represents the most popular type of amino acid. It is used as a protein supplement in health drinks and powders, and in numerous processed food applications, owing to its pH regulatory and flavor-enhancing properties.

Breakup by Raw Material:
Plant Based
Animal Based

At present, plant based amino acids account for the largest market share. Raw materials, such as wheat, soybean and corn, are highly preferred owing to the rising preference towards vegan and sustainable products.

Breakup by Application:
Food
Animal Feed
Healthcare

Based on the application, the report finds that the animal feed industry is the leading segment as they are used to regulate metabolism in livestock and supplement the protein requirement of animals such as pigs, cattle and broiler.

Regional Insights:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America

On the geographical front, Asia Pacific exhibits a clear dominance in the market due to the rising population and growing consumption of protein-rich foods, particularly in countries like India and China.

Competitive Landscape:
The market is fragmented in nature with the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

Amino Inc.
Ajinomoto Group
Cargill, Incorporated
Archer Daniels Midland Company (ADM)
CJ CheilJedang Corporation

Key Questions Answered in This Report:
How has the global amino acids market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global amino acids market?
What are the key regions in the global amino acids market?
What are the key applications in the global amino acids market?
Which are the primary raw materials in the global amino acids market?
Which are the popular product types in the global amino acids market?
What are the various stages in the value chain of the global amino acids market?
What are the key driving factors and challenges in the global amino acids market?
What is the structure of the global amino acids market and who are the key players?
What is the degree of competition in the global amino acids market?
How are amino acids manufactured?
What are the price trends of amino acids?
What are the import and export trends of amino acids?