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Global Amino Acids Market size, Outlook and Growth Opportunities to 2026: By Product Type (L-Glutamate, Lysine, Methionine, Threonine, Tryptophan, Leucine, Iso-Leucine, Valine, Glutamine, Arginine, Glycine, Phenylalanine, Tyrosine, Citrulline, Creatine, Proline, Serine and Others), By Raw Material Type (Plant Based, Animal Based and Microbial Based Amino Acids), By Application (Animal Feed, Food & Dietary Supplements and Pharmaceutical) and By Region

Global Amino Acids Market is poised to report 5.59%year-on-year growth in 2020.Rising health consciousness among consumers coupled with increasing consumption of dietary supplements are key factors propelling the overall dynamics of global amino acids market.Growing meat consumption worldwide as a source of protein is positively influencing the market demand.

Further, increasing per capita disposable income and population expansion, particularly in emerging economies of Asia Pacific including China and India, are anticipated to boost demand for animal feed additives in turn, enhance amino acids industry growth.

Increasing sports supplements demand from bodybuilders and athletes specifically in United States and United Kingdom is expected to offer key opportunities for the growth of market over years. The advent of microfiltration process for increasing yield of innovative animal based and plant based acids is expected to offer lucrative opportunities for companies operating in amino acids industry and new entrants.

Shortage in raw material supply coupled with increasing prices of raw materials such as soybean, corn and wheat in recent years is anticipated to pose challenges for amino acid industry participants and may also hinder global market growth rate.

L- Glutamate market is the dominant product type in global amino acids market:

L- Glutamate is a component of fermented foods such as soy sauce, cheese and others. It is widely used in food & beverage industry due to flavor enhancing properties, which enhances the product demand in the market. Increasing consumption of processed food is expected to offer key opportunity for companies operating in amino acid industry. This factor propels the growth of global amino acids market over the years.

Further, the global amino acids market is segmented into Lysine, Methionine, Threonine, Tryptophan, Leucine, Iso-leucine, Valine, Glutamine, Arginine, Glycine, Phenylalanine, Tyrosine, Citrulline, Creatine, Proline, Serine and Others.

Plant based raw materials are widely used owing to their extensive applications in end user industries:

Plant based amino acids are extensively used in end user industries including animal feed, food and dietary supplements, and pharmaceutical owing to their wide range of applications. Accordingly, plant based amino acids remains as a dominant segment and drives the global amino acids market. Shifting consumer preference towards bio-based products is anticipated to generate high demand for plant-based acids in global amino acids market.Further, the global amino acids market is segmented into animal based amino acids and microbial based amino acids.

Animal feed is the prominent application segment in global amino acids market:

Amino acids such as lysine, tryptophan, methionine, and others are widely used in animal feed industry owing to their health benefits including weight gain and high metabolism. Increasing meat consumption in Latin America and Asia Pacific is expected to propel the demand for amino acid market during the forecast period. In addition to animal feed, the global amino acids market is segmented as food & dietary supplements and pharmaceutical.

Asia Pacific amino acids market occupies a major share in the global amino acids market:

Asia Pacific amino acids market is the fastest growing market owing to changing food habits of consumers coupled with hectic lifestyle. Increasing processed food consumption by the consumers is boosting the demand for amino acids market in Asia Pacific. Growing population and rising disposal income in Asia Pacific countries including China and India are key factors expected to drive the global amino acids market during the forecast period. Further, the global amino acids market is also analysed for countries acrossNorth America, Europe, South & Central America, Middle East & Africa.

Key Players operating in the global amino acids market:

Ajinomoto Co.(Japan), Cargill Inc. (United States), ADM (United states), Royal DSM (Netherlands), Prinova U.S. LLC (United States), Evonik Industries AG(Germany), Novus International, Inc. (United States), Daesang Corporation(Korea), Global Biochem Technology Group Co. Ltd (Hong Kong), and Sunitomo Chemical Co. Ltd (Japan).

Scope:

Long term perspective on the Amino Acid industry: 2018 (base year), 2020- 2026 (forecast period)

Amino Acids Market- Forecasts by Segments- Product Type, Raw Material Type and Application by geography.

The research work categorizes the global amino acids market based on product type into18 categories including L-Glutamate, Lysine, Methionine, Threonine, Tryptophan, Leucine, Iso-leucine, Valine, Glutamine, Arginine, Glycine, Phenylalanine, Tyrosine, Citrulline, Creatine, Proline, Serine and Others. This report provides the market outlook by 3raw material types including plant-based, animal-based and microbial-based amino acids. The research report classifies the amino acids market into 3 applications including animal feed, food & dietary supplements and pharmaceutical. The report analyses the global amino acids market across countries in 5 regions including Asia-Pacific, Europe, North America, South & Central America, Middle East & Africa are covered.

Amino Acids Market- Strategic Analysis Review

Key strategies opted by leading players Short to Long Term Industry Trends Porter’s Five Forces Analysis Supply side and Demand Side Drivers and Challenges

Amino Acids Market- Growth Opportunities

Potential New Business Opportunities Key Areas of Focus in forecast period

Amino Acids Market- Competitive Scenario