Amino Acids Market Size, Share, Growth Analysis, By Type(L-Arginine, Cysteine, Glutamine, Histidine), By Application(Dietary nutrition, functional nutrients, sports nutrition, infant nutrition), By Region - Industry Forecast 2024-2031

Amino Acids Market Driver

• Amino Acids's numerous advantages are boosting market growth

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.

• Rising consumer awareness is expected to boost the amino acid market

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

• Online Supplement Sales Surge

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).