Global Amino Acids Market is expected to reach ~USD 42 Bn by 2028F: Ken Research

 Global Amino Acids Market By Geography

The Global Amino Acids market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Asia-Pacific region accounted for the largest share of the Global Amino Acids Market in 2022, owing to the growing adoption of a healthy lifestyle and nutrition-enriched products among consumers.

The increasing consumption of processed food and meat coupled with the availability of an abundance of raw material for the production of amino acids coupled with increased consumer spending on immunity-boosting products containing amino acids as an ingredient, is anticipated to augment the growth of the Global Amino Acids Market.

Competition Scenario In Global Amino Acids Market

The Amino Acids Market is highly competitive with ~200 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in Amino Acids.

Country-niche players comprise ~60% of the competitors, while the regional players comprise the second highest, ~25% of the total number of competitors. Some of the major players in the market include Global Bio-chem Technology Group Company Limited, Ajinomoto Co., Inc., Kyowa Hakko Bio Co., Ltd., Amino GmbH, Cargill, Incorporated, Taiwan Amino Acid Co., Ltd., Evonik Industries AG, ADM, Merck KGaA, and Daesang, among others.

The leading amino acids companies such as Evonik Industries AG, KYOWA HAKKO BIO CO., LTD., ADM, and Cargill, Incorporated are highly focused on strategic developments related to amino acids such as product launches, collaboration, acquisition, and others to hold their position in the market.

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What Is The Expected Future Outlook For The Overall Global Amino Acids Market Across The Globe?

The Global Amino Acids market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Amino Acids market is driven by the rising growing demand for functional food products and immunity boosting products. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing investments and emergence of new products, the Global Amino Acids market is changing rapidly. For instance, In September 2020, Evonik Industries AG launched Guan AMINO, a new guanidino acetic acid product (GAA) that is used to enhance energy metabolism in livestock production. The company aimed to fulfill the demand for creatine supplementation in the animal feed industry.

In February 2020, Amino GmbH invested US$ 35 million to build a new production facility in Germany. The company aimed to double its production to meet the growing demand for amino acids and to increase its supply and availability of amino acids globally.

The Global Amino Acids Market is forecasted to continue a moderate growth, primarily driven by the surging demand for amino acids in various industries such as food & beverages, animal feed, nutraceuticals, and others. The rising awareness regarding the health benefits of amino acids along with the increase in health-conscious consumers is expected to increase the demand for immunity-boosting products, which ultimately increase the demand for amino acids. Though the market is highly competitive with ~200 participants, global players control the dominant market share in terms of revenues.

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Key Topics Covered in the Report

• Snapshot of the Global Amino Acids Market
• Industry Value Chain and Ecosystem Analysis of the Amino Acids Market
• Market size and Segmentation of the Global Amino Acids Market
• Historic Growth of the Overall Global Amino Acids Market and Segments
• Competition Scenario of the Amino Acids Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Amino Acids Industry
• Overview, Product Offerings, and Strategic Developments of Key Competitors
• COVID-19 Impact on the Overall Global Amino Acids Market
• Future Market Forecast and Growth Rates of the Global Amino Acids Market and by Segments
• Market Size of Application/End-User Segments with historical CAGR and Future Forecasts
• Analysis of the Amino Acids Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Production/Supply and Consumption/Demand Hubs in Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Amino Acids Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Region 

Major Players Mentioned in the Report

• Global Bio-chem Technology Group Company Limited
• Ajinomoto Co., Inc.
• Kyowa Hakko Bio Co., Ltd.
• Amino Gmbh
• Taiwan Amino Acid Co., Ltd.
• Evonik Industries AG
• ADM
• Cargill, Incorporated
• Merck KGaA
• Daesang

Notable Emerging Companies Mentioned in the Report

• Kemin Industries, Inc.
• Royal DSM
• Novus International Inc.
• Prinova
• Bayer AG
• CJ Cheiljedang Corp.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Amino Acids Manufacturers
• Food and Beverages Manufacturers
• Pharmaceutical Products Manufacturers
• Nutraceutical Supplements Manufacturers
• Cosmetics and Personal Care Manufacturers
• Dietary Supplements Manufacturers
• Animal Feed Manufacturers
• Investors in the Amino Acids Industry
• Amino Acids Raw Material Providers
• Amino Acids Research and Development Companies

Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

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Global Amino Acids Market: Ken Research

Global Amino Acids Market Is Expected To Reach Nearly US$ 42 Billion By 2028: Ken Research

 Amino acids are the building blocks of protein and play a vital role in the human body. They are organic compounds involved in several chemicals and biological functions in the human body including the synthesis of hormones, the building of proteins, and others. Amino acids are essential for the proper growth and development of living beings.

Amino acids are categorized into essential, non-essential, and conditionally essential, based on different factors. They are widely used in various industries namely food & beverages, animal feed, dietary supplements, cosmetics, and others.

According to Ken Research Analysis, the Global Amino Acids Market is expected to record a positive CAGR of ~7% during the forecast period (2022-2028) and is expected to reach nearly US$ 42 billion by 2028, owing to the growing demand for functional food products and immunity boosting products.

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Adoption of a healthy lifestyle and increasing consumption of proteins are some of the factors driving the market growth.

• The surge in demand for amino acids in various industries including food and beverages, dietary supplements, and others to fulfill the growing demand for amino acids-rich products that offer functional benefits, is anticipated to augment the growth of the market.
• The increase in health-conscious consumers and rising awareness regarding the benefits of amino acids such as maintaining healthy skin, hair, and nails, boosting immunity, helping in the growth and repair of body tissue, and others are expected to boost the demand for amino acids.

The Global Amino Acids Market faces challenges due to stringent regulations laid by governmental bodies on products containing amino acids.  

• The government has imposed strict regulations on products containing amino acids that may hamper the growth of the Global Amino Acids Market. Additionally, the requirement of significant investment for the storage of amino acids and its products may slow down market growth.

The COVID-19 pandemic negatively impacted the Amino Acids market initially due to the imposed lockdowns, the manufacturing process of amino acids and its product got disturbed which resulted in the disruption of the supply chain. However, due to the spread of the virus, consumers shifted towards the immunity-boosting product which increased the demand for amino acids in the food & beverages industry, nutraceutical industry, pharmaceutical industry, and others.

Key Trends by Market Segment:

By Source: The Plant-Based segment held the largest share of the Global Amino Acids Market in 2021, owing to the increasing preference for naturally sourced products.

• The demand for plant-based ingredients and products is increasing rapidly due to the rise in vegan and vegetarianism, especially in high-income countries, which is expected to fuel the demand for plant-based amino acids.

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By Type: Glutamic Acid segment accounted for the largest share of the Global Amino Acids Market in 2021, due to the increasing demand for glutamic acid products in the animal feed industry.

• L-glutamate or glutamic acid is widely used as a flavor enhancer, nutritional supplement, feed additive, intermediate for manufacturing chemicals, and others, which is increasing its demand in various industries.

By Application: Food and Beverages segment accounted for the largest share of the Global Amino Acids Market in 2021, owing to increasing demand for amino acids in the food and beverages processing industry as nutrition enhancers, flavor enhancers, preservatives, and others.

• The surging demand among consumers for protein-rich, healthy food and beverage products that contain amino acids as ingredients is expected to propel the growth of the segment in the market.

By Geography: Asia-Pacific region accounted for the largest share of the Global Amino Acids Market in 2021, owing to the growing adoption of a healthy lifestyle and nutrition-enriched products among consumers.

• The increasing consumption of processed food and meat coupled with the availability of an abundance of raw material for the production of amino acids coupled with increased consumer spending on immunity-boosting products containing amino acids as an ingredient, is anticipated to augment the growth of the Global Amino Acids Market.

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Competitive Landscape

The Amino Acids Market is highly competitive with ~200 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in Amino Acids.

• Country-niche players comprise ~60% of the competitors, while the regional players comprise the second highest, ~25% of the total number of competitors. Some of the major players in the market include Global Bio-chem Technology Group Company Limited, Ajinomoto Co., Inc., Kyowa Hakko Bio Co., Ltd., Amino GmbH, Cargill, Incorporated, Taiwan Amino Acid Co., Ltd., Evonik Industries AG, ADM, Merck KGaA, and Daesang, among others.

The leading amino acids companies such as Evonik Industries AG, KYOWA HAKKO BIO CO., LTD., ADM, and Cargill, Incorporated are highly focused on strategic developments related to amino acids such as product launches, collaboration, acquisition, and others to hold their position in the market.

Recent Developments Related to Major Players

• In September 2020, Evonik Industries AG launched GuanAMINO, a new guanidino acetic acid product (GAA) that is used to enhance energy metabolism in livestock production. The company aimed to fulfill the demand for creatine supplementation in the animal feed industry.
• In February 2020, Amino GmbH invested US$ 35 million to build a new production facility in Germany. The company aimed to double its production to meet the growing demand for amino acids and to increase its supply and availability of amino acids globally. 

Conclusion

The Global Amino Acids Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 is forecasted to continue a moderate growth, primarily driven by the surging demand for amino acids in various industries such as food & beverages, animal feed, nutraceuticals, and others. The rising awareness regarding the health benefits of amino acids along with the increase in health-conscious consumers is expected to increase the demand for immunity-boosting products, which ultimately increase the demand for amino acids. Though the market is highly competitive with ~200 participants, global players control the dominant market share in terms of revenues.

Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for pre-booking clients, and the report delivered within a maximum of two working weeks. 

Market Taxonomy

By Source     

• Plant-Based
• Animal-Based
• Synthetic

By Type         

• Lysine
• Tryptophan
• Methionine
• Threonine
• Glutamic Acid
• Phenylalanine

By Application

• Food and Beverages
• Animal Feed
• Nutraceutical and Dietary Supplements
• Cosmetic and Personal Care
• Pharmaceuticals

By Geography

• North America

USA

Canada

Mexico

• Europe

Germany

UK

France

Spain

Italy

• Asia-Pacific

China

Japan

South Korea

India

Indonesia

Australia

• LAMEA

Latin America

Middle East

Africa

Key Players  

• Global Bio-chem Technology Group Company Limited
• Ajinomoto Co., Inc.
• Kyowa Hakko Bio Co., Ltd.
• Amino Gmbh
• Taiwan Amino Acid Co., Ltd.
• Evonik Industries AG
• ADM
• Cargill, Incorporated
• Merck KGaA
• Daesang

Global Amino Acids Market: Ken Research

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Global Players Dominate the Market Holding nearly 40% of Revenue Share Despite the Presence of about 200 Competitors Comprising Several Regional Players, and Many Country-Niche Players, finds a recent market study on the Global Amino Acids Market by Ken Research

Amino acids are the building blocks of protein and play a vital role in the human body. They are organic compounds involved in several chemicals and biological functions in the human body including the synthesis of hormones, the building of proteins, and others. Amino acids are essential for the proper growth and development of living beings.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Country-niche Players Constitute ~60% of the Total Number of Competitors and Hold ~25% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the Global Amino Acids Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players who have their niche in Amino Acids. The global players comprise ~15% in terms of the number of companies and hold about 40% of the market revenue share. Most of the country-niche players are strategizing to secure high quality and stable supply of raw materials for amino acids.

2. Leading Global Players Investing Heavily to Expand their Production Facility

Detailed comparative analysis of key competitors available within The Research Study shows that key players such as Evonik Industries AG, KYOWA HAKKO BIO CO., LTD., and ADM among others are highly focused on strategic developments including expansion, product launch, and other to fulfill the growing demand for amino acids among various industries.

Furthermore, several companies are focusing on producing high-value or quality amino acids and procuring high-quality raw materials to hold their customers for longer. The companies are investing to expand their manufacturing facilities to double production, which is expected to fulfill the demand of end users.

• In August 2022, CJ CHEILJEDANG CORP., a food and bio giant based in Korea, invested US$210 million to expand its amino acid manufacturing facility in Brazil. The expansion aims to produce high-value-added amino acids.

3. Increased Government and Manufacturers’ Initiatives Promote Amino Acids Growth and Development

• In January 2022, Bayer AG launched an innovative amino acid biostimulant Ambition for the Chinese market. The product is a naturally-existing substance that can stimulate the natural activity of plants and hence can be used widely in oraganic farming. The novel product launched by the company aimed to benefit farmers’ harvesting, soil protection, and consumer safety as the product enhances the growth of crops and also offers stress resistance properties which lead to high yield and quantity of the crop.
• In May 2018, the Madhya Pradesh government started the initiative of producing amino acids from human hair to provide it to the farmer as an organic fertilizer at one-third of the market price. The NGO Sarthak and Madhya Pradesh environment department aimed to set up plants for amino acid growth promoters in Bhopal, Indore, Jabalpur, and Gwalior. The government supported the innovative idea in both technical and financial terms. In addition, human hair is a great source of protein as it is estimated that around 1 kg of hair can produce 20 liters of amino acids.

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Global Amino Acids Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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3 Key Insights on US$ 42 Bn Opportunity in Global Amino Acids Market: Ken Research

 Driven by surging demand for amino acids as an ingredient in various industries such as food & beverages, pharmaceutical, dietary supplements, animal feed, and others along with rising awareness regarding the health benefits of amino acids among consumers, the Global Amino Acids Market is Forecasted to reach nearly US$ 42 Bn by 2028 says Ken Research Study.

Amino acids are the building blocks of protein and play a vital role in the human body. They are categorized into essential, non-essential, and conditionally essential, based on different factors. They are widely used in various industries namely food & beverages, animal feed, dietary supplements, cosmetics, and others.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Growing Popularity of Amino Acids in Various Industries Encourage Market Growth

Amino acids are widely used to cure ailments such as premenstrual dysphoric disorder (PMDD), sleep difficulties, depression, attention deficit hyperactivity disorder (ADHD), phenylketonuria, chronic fatigue syndrome, narcolepsy, treat muscle soreness, sprain, and others.

Amino acids are gaining popularity to treat various illnesses, which is increasing their demand in different industries and thus, propelling the growth of the global amino acids market. The adoption of new biotechnological methods like genetic and metabolic engineering for the efficient production of high-value amino acids is expected to create immense opportunities for the growth of the amino acids market globally. However, stringent government regulations for products containing amino acids may impede the growth of the market.

According to Ken Research estimates, the Global Amino Acids Market – valued at around US$ 20 Bn in 2017 and estimated to reach nearly US$ 28 Bn by 2022 – is expected to grow to around US$ 42 Bn opportunity by 2028.

2. Surging Demand for Amino Acids in Animal Feed Formulation is Driving the Market Growth

The growing demand for amino acids among animal feed manufacturers to promote reproduction, growth performance, fulfill the protein requirement in animals, and others are expected to bolster the growth of the global amino acids market. The deficiency in any amino acids will result in the slow growth of animals, delay in maturity, reduced immune or metabolic response, low body weight, health problems, and others.

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Thus, amino acids are gaining importance in the formulation of animal feed. In addition, the increasing consumption and demand for meat products coupled with growing livestock production are ultimately boosting the demand for amino acids in the animal feed industry.

The below graph depicts the increased production of meat globally.

3. Stringent Government Regulations Over Products Containing Amino Acids is the Most Significant Barrier to the Growth of the Market.

Governmental bodies lay down stringent regulations on products containing amino acids as an ingredient to ensure the safe nutritional value of the product, which may hamper the growth of the Global Amino Acids Market. Amino acids affect the physical and mental performance of the living being due to which their use in food & beverage products, dietary supplements, pharmaceuticals, and others is regulated for risk assessment. In addition, governmental bodies have also set standards on purity, ingredient quality, and capacity for each industry to avoid any health-related complications.

• European Union laid down the REACH regulations that state that the amino acids that are not used in food or medical preparation must comply with REACH requirements. The requirements are based on enabling data sharing to reduce research and regulatory cost and on the tonnage of substance.

The below graph depicts the estimated greenhouse gas emission to produce 13g of essential amino acids from the raw materials.

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Global Amino Acids Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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The Evolution of Packaged Food by Using Sodium Reduction Ingredients: Ken Research

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The Global Sodium Reduction Ingredients market has grown significantly in the past few years. The demand for Sodium Reduction Ingredients is forming a steep curve in the market cap. The report insights into Major Market Players, Types, Applications, and Countries. This also signifies the current practices done by some of the top emerging economies in the world. The report analyzed its worldwide presence in the countries of (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa). It also imparts the Global and Regional Market Analysis status, the current competition in the market and the market trends with the upcoming opportunities, and some of the consequences of COVID-19 on some conclusions of the Sodium Reduction Ingredients market at the end.

According to the research report, Global Sodium Reduction Ingredients Market Research Report With Opportunities And Strategies To Boost Growth- COVID-19 Impact And Recovery, says that the continuous development and recognition of new technologies in the sector of packaged food manufacturing companies. The major portion of their capital is spent on the research and development of their ingridients, this gives a new boost to the market. With the increase in health awareness among the people concerning their diet intake has developed a lot, now people check for the amount of sodium intake in their food, especially in processed and packed food items. To reduce the consumption of sodium, manufacturers are now making tasty and healthier products with the help of sodium-reduction materials like mineral salts, yeast extract, and amino acids. Where most consumed sodium-reducing components are inorganic salts. This market has been highly recognized for its new technological innovation in terms of food and beverages. Market trends are continuously increasing with its competitive and continuous innovations and create growing demands with new techniques. Hence, a comprehensive global understanding of the market is much required which also changes according to the demand in the market.

From 2018-2019, the Global Sodium Reduction Ingredients market was valued at USD Billion and the total generated revenue is expected to grow from 2021 to 2027 and is nearly growing at a significant height by the end of 2027. Some key players like Advanced Food Systems Inc, Cargill Inc., Givaudan, DuPont, Angel Yeast Co., Ltd, Dr. Paul Lohmann GmbH & Co. KGaA, K+S Kali GMBH, and many others are operating in the markets from different locations across the globe, and the annual growth rate of approximately in double-valued percentage, and as this year is very crucial for the market vendors as the revenue is slightly double as compared to the previous outstanding years.

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The spread of the COVID-19 pandemic decreases the workforce and demand in the market but still, it cop up with the help of big market players to implement some new approaches to their business evaluation. The factors that are responsible for the growth of the market are the health reasons which are the major concerns to the industries and the people as well from this spread there will be a huge growth in the odium Reduction Ingredient Market after COVID-19 and the companies are shifting to the better qualities of services and innovations as well.

However, The Global Sodium Reduction Ingredients market impacts the overall market which creates the demand as well as the emerging trends, market drivers, growth opportunities, and restraints. Major market players are going for various strategies and mergers setting up joint ventures for developing a new product line. So, there is a clear competitive analysis of the big market players who are taking the edge over the new technological advancements, price, and their demanding portfolio this shows how dynamic is the Global Sodium Reduction Ingredients market. Moreover, the government policies are also attracting the key players to set up their new investments worldwide as per the government-issued policies, and this will going to create a huge impact on the market.

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Global Sodium Reduction Ingredients Market: Ken Research

Related Reports:-

(COVID Version) Global Sodium Reduction Ingredients Market Status (2016-2020) and Forecast (2021E-2026F) by Region, Product Type & End-Use

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