According to a recent report by Future Market Insights, a
market research and competitive intelligence provider, the market for food
amino acids was valued at USD 4.9 billion in 2017 and is expected to
increase at a CAGR of 7.7% from 2018 to 2022, reaching USD 6.6 billion. In
2032, the global market for food amino acids is expected to be worth USD 11.6
billion.
Supplementing with amino acids can help you recover faster
from exhaustion, increase your stamina and ability to focus, and lessen muscle
discomfort. The use of amino acids in the treatment of metabolic diseases is
also beneficial. As a result, manufacturers are putting more emphasis on
expanding their amino acid manufacturing plants in order to keep up with the
rising demands for amino acid supplements.
Because amino acids are mostly derived from plant-based
natural resources, growing consumer demand for organic products may stimulate
industry growth for amino acids. Soybean, corn, and wheat-based goods are
widely used in food and beverage, infant formula, and nutraceutical
industries due to the increased demand for naturally derived products.
Key Takeaways from Market Study
- The
UK food amino acid market is estimated to increase at a CAGR of 5.6
percent between 2022 and 2032. Improved demand for animal-derived items, a
greater level of living, increased public awareness of meat safety and
quality, and recent illness outbreaks in cattle have all contributed to
the growth of the food amino acid industry.
- China
has the greatest share in the Asia-Pacific region, accounting for 45
percent of total revenue in 2022. Because of the rise in consumer spending
power as a result of China’s economic development, there has been a surge
in demand for high-quality processed foods, which has boosted the demand
for food amino acids.
- In
2022, glutamic acid had the largest market share, and it is expected to
increase at a CAGR of 6.6 percent over the forecast period. This is due to
an increase in the usage of food amino acids as a flavor enhancer in a
wide range of foods and beverages, such as snacks, dressings, and soups.
- The
infant formula segment will expand at a CAGR of 2.1 percent from 2022 to
2032. Because of their ease of absorption and high nutritional content,
several amino acids are employed in the production of infant formula.
- “Customers
are increasingly requesting items that do not modify calcium, vitamin, or
mineral qualities. One of the greatest driving drivers for the market has
been the ever-increasing usage of amino acids as supplements to increase
metabolism and wellness in humans, as well as their application in cattle
hormone synthesis.”says a lead analyst at Future Market Insights.
Who is Winning?
Because of the health benefits provided by amino acids, the
demand for amino acids for various nutraceuticals and dietary supplements is
expected to drive the Food Amino Acids Market. The wide range of applications
for amino acids such as glutamic acid, ranging from flavoring, preservation,
nutritional component/building block of protein, to specialty ingredients such
as aspartame, is expected to drive expansion.
For example, in 2021, Kemin Industries launched Toxfin
Care in Europe, a unique solution aimed at preventing loss of efficiency
and productivity by preserving animal organs and tissue from probable
mycotoxins harm. Infected feed is a major concern in the livestock nutrition
and health business; hence mycotoxin management is essential in every livestock
diet. Kemin aims to boost the immune system, protecting poultry, pigs,
and ruminants, from the not-so-obvious negative effects of
mycotoxins.
Some of the leading companies offering food amino acids are
Ajinomoto Co. Inc., Kyowa Hakko Kirin Co., Ltd., Sigma-Aldrich, Co. LLC., Kemin
Industries, Prinova Group LLC., and Daesang Corporation.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an
unbiased analysis of the food amino acids market presenting historical demand
data (2017-2021) and forecast statistics for the period from 2022-2032.
The study divulges compelling insights on food amino acids
based on type (lysine, glutamic acid, methionine, tryptophan, and others),
source (plant-based, animal-based, and synthetic), application (nutraceuticals
& dietary supplements, infant formula, food fortification, convenience
food, and others), and distribution channel (direct and indirect {pharmacy
stores, e-retailers, specialty stores, and supermarkets}) across seven major
regions of the world (North America, Latin America, Europe, East Asia, South
Asia, Oceania, and MEA).
Read Full Reports: https://www.futuremarketinsights.com/reports/food-amino-acids-market