Amino acids are basically organic compounds that usually helps in the expansion of protein chains in an organism. Food amino acids are mostly used in nutraceutical products and dietary supplements. The usage of synthetically sourced food amino acids is considered to be exceptionally high as well as the demand for plant-sourced food amino acids is also increasing. There are basically nine amino acids which the body require in order to function properly which are leucine, isoleucine, histidline, methionine, lysine, phenylalanine, tryptophan, valine and threonine.
MARKET DYNAMICS
The increase in the consumer preference towards protein-rich dietary supplements will drive the food amino acid market due to the biological presentation and an improvement in the functioning of amino acids. The rise in the demand for amino acids from nutraceuticals and dietary supplements, due to the various health benefits offered by the amino acids is going to drive the food amino acids market.
MARKET SCOPE
The "Global Food Amino Acids Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the food amino acids market with detailed market segmentation by type, source, application and geography. The global food amino acids market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food amino acids market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Food Amino Acids Market is segmented on the basis of type, source and application. On the basis of type, the market is segmented into glutamic acid, lysine, tryptophan, methionin, and others. On the basis of source, the market is segmented into plant, animal and synthetic. On the basis of application, the market is segmented into nutraceuticals and pharmaceuticals, instant formula, fortified food and beverages, RTE and RTC foods, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global food amino acids market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The food amino acids market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the food amino acids market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the food amino acids market in these regions.
MARKET PLAYERS
The reports cover key developments in the food amino acids market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from food amino acids market are anticipated to lucrative growth opportunities in the future with the rising demand for food amino acids in the global market. Below mentioned is the list of few companies engaged in the food amino acids market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food amino acids market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ajinomoto Co., Inc.
- KYOWA HAKKO BIO CO., LTD.
- Merck KGaA
- Prinova Group LLC
- DAESANG Corporation
- Cargill, Incorporated
- AMINO GmbH
- Taiyo Internationa
- CJ CheilJedang Corp
- Evonik Industries
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.