Amino Acids Market Forecasted to Observe an Enormous Growth By 2025

This report focuses on the Amino Acids Market by Manufacturers, Regions, Type and Application, exclusively in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on type, application, regions, and manufacturers.

Amino Acids Market by Product Type and Application – Global Industry Analysis and Forecast to 2022: Industry Trend Analysis

In 2012, the global amino acid market was valued around USD 15.23 billion and is anticipated to reach approximately USD 31.77 billion by 2022, while maintaining a compound annual growth rate (CAGR) of 6.84% during the forecast period owing to increasing consumption of meat together with increased production of livestock such as cattle, swine, and broiler. This trend is anticipated to remain as a major factor driving the market growth during the next few years. Lysine, threonine, methionine, and tryptophan are extensively utilized in animal feed additives since they are necessary for regulating all metabolic processes and good health. Animal feed helps in appropriate weight gain and faster growth of the livestock. Rising consumption of meat as a protein source around the globe is intended to influence the global market growth positively. Rising awareness about the benefits of animal feed additives together with the recent outburst of illnesses has impelled the amplified the additives consumption in animal feed. Rising population combined with rising disposable earnings per person, particularly in developing countries of Asia Pacific like India and China are anticipated to boost the demand for animal feed additives and consecutively, boost the growth of global amino acids industry. Growing demand for food & dietary supplements due to geriatric population along with amending health measures is anticipated to boost global demand. Rising prevalence of obesity amongst the younger population in the United States and the United Kingdom is expected to drive dietary supplements industry and boost the global market growth. The geriatric population in Brazil and Japan are also projected to augment the consumption of food & dietary supplements. Rising demand for sports supplements from bodybuilders and athletes particularly in the United States and the United Kingdom is anticipated to positively impact the global market growth. Growing demand of L-glutamate from food & beverage market due to flavor enhancement characteristic is estimated to boost the growth of the global market. L-Glutamate is extensively utilized in convenience and processed food, on account of brilliant flavor enhancing characteristics. L-glutamate acid’s sodium salt renders an umami taste that escalates savory and meaty flavor of food. Growing consumption of processed food in developing countries of Latin America and Asia Pacific due to altering food habits along with hectic routine is anticipated to fuel the L-glutamate demand and consecutively propel the global market. Growing living standards together with an elevated buying power of consumers are anticipated to boost the demand of product for the pharmaceutical application. Increasing demand for sweeteners from ready-to-drink beverages and convenience food is expected to fuel demand for phenylalanine and L-aspartic acid. Rigid supply of raw material is projected to lay challenges for market participants and might hamper global market growth. Rising costs of raw materials like wheat, soybean, and corn in the recent period is likely to affect the profitability of market. The introduction of microfiltration process for escalating yield is predicted to render lucrative growth opportunities for market players.

Competitive Outlook and Trend Analysis

The global amino acids marke4t is extremely competitive with regular strategic alliances, acquisitions, and mergers. Major market players are Cargill Inc., Ajinomoto Co., Inc., Evonik Industries AG, Prinova U.S. LLC, Royal DSM, and ADM. Market players like Kemin Europa and Royal DSM are totally incorporated over the whole value chain, using sesame seeds, soy meal and other elements for the production of amino acid. Beijing FortuneStar S&T Development Co., Ltd. utilizes amino acids for chelates production.

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Product Outlook and Trend AnalysisIn 2014, L-Glutamate was the top product and reported for nearly half of global market volume. L-Glutamate is widely utilized in food & beverage industry owing to flavor enhancing characteristics. It is a component of fermented or aged foods like soy sauce and cheese. Rising consumption of processed food is anticipated to boost the demand of L-Glutamate during the forecast period. Methionine, lysine, tryptophan, and threonine together reported for the largest share of amino acids industry for animal feed additives market. Methionine is extensively required for the poultry industry while Lysine is widely consumed in the pork industry. Rising demand for food & dietary supplements in the United States and the United Kingdom due to the geriatric population and growing awareness levels among consumers is encouraging the global market growth. Creatine, Citrulline, tyrosine, and proline are utilized in the production of dietary supplements.

Source Outlook and Trend Analysis

Over the past few years, plant-based raw materials have been the major amino acid source. Wheat, soybean, and corn-based acids are extensively utilized in end-user industries like food & dietary supplements, animal feed additives, the pharmaceutical industry and flavor enhancer due to its elevated health benefits. Rising preference of consumer for bio-based products is projected to produce a high requirement for plant-based acids further. Animal-based staples like meat meal and fish silage are predicted to experience average growth due to the ban on meat & bone food in Europe and customer sentiments. Inadequate availability of plant-based raw material is anticipated to hamper the growth of the global market.

Application Outlook and Trend Analysis

In 2014, animal feed applications ruled the global market. Methionine, lysine, threonine, and tryptophan are widely utilized in the industry of animal feed additives, due to health benefits like weight gain and high metabolism. Growing consumption of meat in Latin America and Asia Pacific is anticipated to boost the growth of the global market during the projected period. The introduction of innovative animal based and plant based acids are projected to render lucrative growth opportunities to market players. Food & Dietary Supplements are one more major application industry, expected to show major growth on account of demographics together with varying food habits. Rising demand of sports supplements is intended to impact the global demand positively. Requirements from pharmaceutical applications are anticipated to expand at the considerable rate due to growing application like buffering agents in antiperspirants, antacids, and analgesics.

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Regional Outlook and Trend Analysis

In 2014, Asia Pacific regional amino acids market ruled global demand and is anticipated to maintain its supremacy during the projected period. China has been a major pork supplier during the last few years, with the inland industry distinguished by the existence of several small-scale market participants. Europe region is projected to experience average growth in demand during the forecast years due to rising demand from food & dietary supplements segment. The North American regional amino acids market is likely to experience stable growth during the projected period. Increasing CVD and obesity occurrence is anticipated to propel food & dietary supplements demand in this region.

Major Table of Contents

1.      Introduction

1.1.      Report Description

1.2.      Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

2.      Executive Summary

2.1.      Key Highlights

3.      Market Overview

3.1.      Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2.      Market Dynamics

3.2.1. Drivers

3.2.1.1.   Growing meat consumption

3.2.1.2.   Rising dietary supplements demand

3.2.1.3.   Increasing demand of sweeteners

3.2.2. Restraints

3.2.2.1.   Un-stabilize supply of Raw Materials

3.2.3. Opportunities

3.2.3.1.   Technological advancement in dietary supplements

4.      Amino Acids Market, By Product

4.1.      Introduction

4.2.      Amino Acids Market Assessment and Forecast, By Product, 2012-2022

4.3.      Tryptophan

4.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)

4.4.      Leucine

4.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)

4.5.      Iso-leucine

4.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)

Reasons to Buy the Report:

This report focuses on various levels of analysis—industry trends, market ranking of top players, and company profiles, which together form basic views and analyze the competitive landscape, emerging segments of the rapid microbiology testing market, and high-growth regions and their drivers, restraints, challenges, and opportunities. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.

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