Global Amino Acids Market

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


Report ID: SQSG30I2043 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 75 | Figures: 75

Amino Acids Market Insights

Amino Acids Market size was valued at USD 26.39 billion in 2019 and is poised to grow from USD 28.32 billion in 2023 to USD 53.39 billion by 2031, growing at a CAGR of 7.3% in the forecast period (2024-2031).

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.

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FAQs

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.

Amino Acids Market size was valued at USD 26.39 billion in 2019 and is poised to grow from USD 28.32 billion in 2023 to USD 53.39 billion by 2031, growing at a CAGR of 7.3% in the forecast period (2024-2031).

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. 'Ajinomoto Co., Inc.', 'Evonik Industries AG', 'Archer Daniels Midland Company', 'Cargill, Inc.', 'Kyowa Hakko Bio Co., Ltd.', 'Sumitomo Chemical Co., Ltd.', 'Prinova Group LLC', 'Roquette Freres', 'Amino GmbH', 'CJ CheilJedang Corporation', 'Novus International, Inc.', 'Lonza Group AG', 'Sichuan Tongsheng Amino Acid Co., Ltd.', 'Meihua Holdings Group Co., Ltd.', 'Shandong Yangcheng Biotech Co., Ltd.', 'Sunrise Nutrachem Group Co., Ltd.', 'Shanghai Fortune Biological Engineering Co., Ltd.', 'Tianjin Tianan Pharmaceuticals Co., Ltd.', 'Tianjin Zhongrui Pharmaceutical Co., Ltd.', 'Yuki Gosei Kogyo Co., Ltd.'

Amino Acids's numerous advantages are boosting market growth

Plant-based raw materials such as soybean, wheat, and corn are gaining popularity due to better amino acid concentration and availability. Key market participants are implementing forward and backward integration techniques to ensure a steady supply of raw materials for production. Such vertical integration processes increase the certainty of raw material supply and provide chances for the development of new and creative products from existing raw materials.

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. 

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Global Amino Acids Market

Product ID: SQSG30I2043

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