Amino Acid Market Size, Demand, Analysis, On-Going Trends, Status, Forecast 2022-2030

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Market Overview: The global amino acid market is projected to experience a robust compound annual growth rate (CAGR) of 4.9% from 2022 to 2030. The increasing recognition of the advantages of amino acids is anticipated to propel demand for them as essential ingredients in dietary supplements and functional foods. This, coupled with the growing adoption of dietary supplements and functional foods, constitutes major factors expected to drive market revenue growth throughout the forecast period. Furthermore, escalating consumer health concerns are predicted to augment revenue growth in the amino acid market. The health advantages of amino acids, including enhanced immunity, digestion, and cognitive function, are stimulating consumer demand for dietary supplements containing amino acids. Additionally, the rise in disposable income, particularly in emerging economies, is contributing to revenue growth in the amino acid market during the forecast period.

However, factors such as stringent regulations related to food safety and quality, as well as potential side effects associated with amino acids like fatigue, headache, and anxiety, may somewhat impede the revenue growth of the global amino acid market.

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Market Segmentation: The global amino acid market is segmented based on product, application, and region.

Product Segment:

  • The market is categorized into L-glutamine, L-leucine, L-isoleucine, L-valine, and others.
  • L-glutamine is expected to witness the highest revenue CAGR during the forecast period due to its involvement in various biochemical reactions in the body and its utilization as a dietary supplement. Moreover, it finds application in treating ailments such as sickle cell anemia, Alzheimer's disease, and anxiety disorders.
  • The L-valine segment is projected to achieve the second-highest revenue CAGR during the forecast period, attributable to its multiple beneficial properties such as muscle repair, glucose metabolism, and hormone regulation.

Application Segment:

  • Applications include dietary supplements, functional foods, animal feed, and others.
  • The dietary supplements segment is anticipated to record the highest revenue CAGR during the forecast period, driven by the health benefits associated with amino acids, which appeal to consumers seeking enhanced immunity, digestion, and cognitive function.

Regional Segment:

  • Geographical segmentation covers North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
  • North America is expected to dominate the global market in terms of revenue share during the forecast period, owing to the significant presence of dietary supplement manufacturers and increasing health awareness among consumers.
  • Europe is anticipated to hold the second-largest revenue share in the global market due to the rising demand for sports nutrition products and functional foods.
  • The Asia Pacific market is forecasted to achieve the highest revenue CAGR during the forecast period, driven by increasing health consciousness among the populace and rising disposable income.

Key Players and Strategies: Prominent players in the global amino acid market include Ajinomoto Co., Inc., Cargill, Incorporated, E. I. du Pont de Nemours and Company, Glanbia plc, Archer Daniels Midland Company, Royal DSM N.V., Lonza Group Ltd., CHS Inc., and Kerry Group plc. These companies employ various strategies such as expansions, acquisitions, new product launches, and agreements to fortify their positions in the global amino acid market.

Noteworthy Developments:

  • In 2021, Cargill introduced Nutriance, a new plant-based Protein Ingredient, in North America, providing customers with an alternative to animal-based proteins.
  • In 2020, Cargill launched L-Tryptophan, a new amino acid, for use in dietary supplements, functional foods, and animal feed, expanding its product portfolio in the amino acid market.
  • In 2019, Archer Daniels Midland Company expanded its amino acid facility in Singapore to meet the increasing demand for amino acids in the Asia-Pacific region.
  • In January 2019, Cargill inaugurated a new manufacturing facility for non-animal origin glutamic acid in Singapore, aimed at meeting the growing demand for amino acids from Southeast Asia.

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