The Global Market for Amino Acids is Projected to Reach US$20.4 Billion by 2020

Robust Demand from the Animal Feed Sector Drives the Global Amino Acids Market, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Amino Acids. The global market for Amino Acids is projected to reach US$20.4 billion by 2020, driven by growing meat consumption in developing countries.

Defined as organic molecules that form the framework for proteins, amino acids play a vital role in building muscle tissue. Amino acids are important enzymes required for breaking down protein nutrients into a form usable by the body. Glutamic Acid, Methoinine and Lysine are amino acids, which are essential for health and wellbeing. The global amino acids market is dominated by a large number of diversified companies ranging from fine chemical manufacturers to specialized pharmaceutical chemical producers. Amino acids are witnessing healthy growth in animal and human nutrition applications, supported by growing awareness over the role played by these acids in protein synthesis. The rise in prevalence of diseases caused by amino acid deficiency is resulting in increased consumer demand for protein rich food. Also, several scientific studies are validating the nutritional value of amino acids. Food fortification is therefore a major trend benefiting growth in the market. Fortification of foods, such as, cereals with protein concentrates and pure amino acids is fuelling growth in the food industry.

Advancements in production technologies are also expected to offer additional impetus to growth. Replacement of the conventional hydrolyzed process with the newer fermentation technology will help enable large scale production of various amino acids in a cost effective manner. Aging population, higher per capita spending on dietary supplements, and increased involvement in sports and other fitness activities, represent factors which will help spur demand for amino acid based supplements. With research studies documenting the percutaneous penetration properties of amino acids, demand is also expected to benefit from the emerging new opportunities in the cosmetics end-use industry.

As stated by the new market research report on Amino Acids, Asia-Pacific represents the largest as well as the fastest growing market with a projected CAGR of 5.1% over the analysis period. Robust consumption of meat and dairy products, rising demand for amino acid supplements and fortified foods, aggressive retail marketing, strong emphasis on health and wellbeing, growing population, increasing income levels, and improving standard of living, represent key factors driving growth in the region.

Key players covered in the report include Ajinomoto Group, Amino GmbH, Archer Daniels Midland Company, Cargill Inc., China National BlueStar (Group) Co. Ltd., Adisseo France S.A.S., CJ Cheil Jedang, COFCO Biochemical (AnHui) Co. Ltd., Daesang Corporation, Evonik Industries AG, Fufeng Group Company Limited, Global Bio-Chem Technology Group, Kyowa Hakko Bio Co. Ltd., Novus International Inc., Royal DSM, Shandong Shouguang Juneng Group Golden Corn Co. Ltd., Sekisui Medical Co., Ltd., and Sumitomo Chemical Co. Ltd., among others.

The research report titled “Amino Acids: A Global Strategic Business Report”, announced by Global Industry Analysts, Inc., provides a comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts, issues, product launches and other strategic industry activities of major companies. The report provides market estimates and projections in US dollars for all major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Middle East/Africa and Latin America (Brazil and Rest of Latin America). Product segments analyzed in the report include Glutamic Acid, Lysine, Methionine, Phenylalanine, Threonine and Others.