USD 26.39 billion
Report ID: SQSG30I2043 | Region: Global | Published Date: April, 2023 | Pages: 242 | Tables: 75 | Figures: 75
Amino Acids Market size was valued at USD 26.39 billion in 2021 and is poised to grow from USD 28.32 billion in 2022 to USD 53.39 billion by 2030, growing at a CAGR of 7.3% in the forecast period (2023-2030).
Amino acids are organic compounds that contain nitrogen, carbon, hydrogen, oxygen, and a variable side chain group. They are employed in the production of hormones and neurotransmitters. Amino acids can be produced through protein hydrolysis, chemical synthesis, or microbiological (biotechnological) methods. It is used as a supplement to boost athletic performance or mood, prevent muscle loss, and stimulate natural weight loss. Threonine is a dietary amino acid that aids in the formation of collagen and elastic muscle tissue in the heart, as well as the production of digestive enzymes. Amino acids are employed in a variety of applications, such as flavor development, preservation, nutritional component/protein building block, and speciality compounds such as aspartame, which are projected to drive industry growth.
The amino acids market is expected to be driven by rising demand for amino acids from the food, pharmaceutical, and nutraceutical industries. Because of its capacity to alleviate muscle aches, sprains, and mental weariness, the substance is commonly utilized in dietary supplements.
US Amino Acids Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 26.39 billion
To get more reports on the above market click here to Buy The Report
The global Amino Acids market is segmented based on type, application and region. Based on type, the amino acids market is segmented into L-Arginine, Cysteine, Glutamine, Histidine, Isoleucine, Leucine, Lysine, Methionine, Phenylalanine, Threonine, Tryptophan, Valine, Others. Based on application, the amino acids market is segmented into dietary nutrition, functional nutrients, sports nutrition, infant nutrition, others. Based on region, the Amino Acids market is categorized into North America, Europe, Asia-Pacific, and MEA.
Amino Acids Market Analysis by type
In terms of types of amino acids, Glutamine accounted for a majority of market revenue and volume share in the year 2021 and is projected to maintain its dominance over the forecast period. The stomach and gastrointestinal system are protected by glutamine. Glutamate is needed to provide energy for the gastrointestinal tract. To protect the liver, glutamine enhances alcohol metabolization hence, the demand for Glutamine is more.
Despite Glutamine holding the majority share, the most popular amino acid in the human nutrition category is BCCA, consisting of three amino acids (valine, leucine, and isoleucine). BCAAs are plentiful in muscle proteins, stimulate muscle growth in the body and provide energy during exercise. A cumulative share of BCCAs accounts for nearly 21% market share and is projected to show a similar trend over the forecast period.
To get detailed analysis on other segments, Request For Sample Report
In terms of revenue share, Asia Pacific dominated the market in 2021. Market expansion in China is anticipated to be fueled by rising pork consumption. The demand for dietary supplements in China is anticipated to increase as a result of growing health concerns and rising personal medical costs, which will also boost demand for amino acids. Over the forecast period, it is anticipated that the shift in consumer preference for ready-to-drink (RTD) beverages will have a positive impact on aspartame demand, increasing regional aspartic acid consumption of amino acids.
Germany and France are the two largest producers of compound feed in Europe, which is the second-largest producer globally. A significant portion of the region's compound feed market, or about one-third of the entire market, is made up of poultry feed. Major players in the market have diversified their operations and expanded their animal feed product lines. Over the forecast period, increasing animal feed production and consumption are anticipated to fuel market expansion in the region.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Amino Acids Market Driver
Given the health advantages provided by amino acids, it is anticipated that demand for amino acids will increase for a variety of nutraceuticals and dietary supplements during the course of the review period. Amino acids are therefore anticipated to have a wide range of applications, including preservation and as a nutrient and protein building block.
Consumers' awareness of their health has grown, as has the need for nutritious food. This has compelled food and beverage manufacturers to create items fortified with essential nutrients, such as amino acids, which has increased customer demand for amino acids. Protein-rich diets are especially appealing to bodybuilders and athletes who want to increase their performance and gain muscle. Sports supplements include energy drinks, nutrition bars, low-carb diets, and nutritional supplements, which increase the amino acid market share.
Amino Acids Market Opportunity
The rise in e-commerce sales has been one of the most significant changes in the supplement industry since the Covid-19 pandemic. E-commerce has been the fastest-growing channel in the supplement industry, giving local/regional players numerous opportunities to penetrate the market. For instance, the brick-and-mortar sales increased by 2.8% in 2019, e-commerce increased by 26.5% — nearly tenfold. Online supplement sales were expected to increase 61.4% by June 2020, compared to 9.0% for mass-market retail and 5.5% for natural and specialty retail. During the pandemic, consumers switched to online supplement purchasing, with online supplement sales expected to increase from USD 5 billion in 2019 to more than USD 10 billion in 2022 (reaching 19.6% of all supplement sales).
Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report
The amino acids market has been characterized by the presence of established firms with considerable production capacity. With increased product demand, they are focusing on acquisitions, expansion, and investment strategies to expand their product range and fulfill the growing demand from end-use markets. Bayer AG, headquartered in Leverkusen, Germany, announced the launch of Ambition, an amino acid-based product designed specifically for the Chinese market, in January 2022. The product contains 19 different types of amino acids, including glutamic acid, alanine, and glycine acid.
Amino Acids Market Top Players Company Profiles
Amino Acids Market Recent Development
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates, and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.
According to our analysis, the technology used to produce amino acids has advanced greatly as a result of the exploration of new application areas and the expansion of amino acid markets. In industry, amino acids are employed as intermediate precursors in the production of antibiotics.
A variety of biotechnology processes are used to manufacture amino acids. Although biotechnology-based production demands a lot of resources, it offers various prospects in the amino acids market. The use of modern biotechnology increases amino acid output yield. Amino acids are abundant in red meat, seafood, eggs, dairy products, quinoa, and soy products. They help to stimulate the immune system, fight cancer and arthritis, and treat tinnitus and rectal disorders. Because of these advantages, the amino acid industry is growing.
|Market size value in 2021||USD 26.39 billion|
|Market size value in 2030||USD 28.32 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
Free report customization with purchase. Customization includes:-
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Amino Acids Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Amino Acids Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Amino Acids Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Amino Acids Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Numerous advantages of amino acids and rising consumer awareness are the key factors that are driving the amino acid market growth.
Based on application, the amino acids market is segmented into dietary nutrition, functional nutrients, sports nutrition, infant nutrition, and others.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "
- Mr. Ali Zali, Commercial Director, ICIIC Iran.