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Amino Acids Market

Market Insights on Amino Acids covering sales outlook, demand forecast & up-to-date key trends

Amino Acids Market by Raw Material, Application, Livestock, Product & Region - Forecast 2022 - 2032

Amino Acid Market Outlook (2022-2032)

[306 Pages Report] The amino acid market is anticipated to have a moderate CAGR of 7.4% during the forecast period of 2022-2032. According to FMI, the amino acid market is expected to grow from US$ 24.2 billion in 2021 to US$ 62.1 billion by 2032.

“As amino acids can be used to cure mental exhaustion, there is an increasing demand for amino acid from the food, pharmaceutical, and nutraceutical industries.”

The spread of the virus raised consumer demand for products that promote immunity, which in turn increased demand for amino acids. As they help with ailments like depression, sleep difficulties, premenstrual dysphoric disorder (PMDD), quitting smoking, bruxism, and attention deficit hyperactivity disorder (ADHD), the need for amino acids is rising.

Due to their greater availability and concentration of amino acids, plant-based raw materials including soybean, wheat, and corn are becoming more and more popular. Amino acid key market participants are implementing forward and backward integration methods targeted at obtaining a high quality and steady supply of raw materials in order to maintain a consistent supply of raw materials for production.

Attributes

Details

Amino Acid Market CAGR (2022-2032)

7.4%

Amino Acid Market Size (2021)

US$ 24.2 billion

Amino Acid Market Size (2032)

US$ 62.1 billion

These moves toward vertical integration give businesses more assurance regarding the availability of raw materials and present them with chances to create novel goods using current raw resources, improving the amino acid market outlook.

The development of proteinogenic amino acids, which are incorporated into proteins during translation and increase amino acid sales, was greatly aided by advances in biotechnology.

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What Drives the Growth of Amino Acid Market?

Customers' awareness of their health has increased, along with the need for nutritious food. This has compelled manufacturers of food and beverages to create items enhanced with essential nutrients, such as amino acids, which has increased customer demand for amino acid.

Bodybuilders and athletes are also drawn to protein-rich foods in order to improve their performance and support muscle building. Sports supplements include things like energy drinks, nutrition bars, low-carb diets, and nutritional supplements, enhancing the amino acid market share.

Aside from that, amino acids are added to animal feed to meet the animals' protein needs. As biotechnology advances, the production of proteinogenic amino acids, which are incorporated into proteins during translation, has considerably benefited. These variables are anticipated to fuel the amino acid market size.

What are the Recent Amino Acid Market Trends?

Demand for items with nutritional value that don't fluctuate, like minerals and calcium, has led to a variety of products being available on the market, which is propelling the expansion of the amino acids market.

The growth of the amino acids market is being driven by an increase in international sporting events and improved awareness of the physiological benefits of amino acids on muscle growth. The government's severe rules on products containing amino acids and the high cost of storage are expected to limit the expansion of the amino acids market.

Nevertheless, rising consumer expenditure and purchasing power due to rising disposable income are anticipated to create profitable opportunities for the amino acids market throughout this period.

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Comparative View of Adjacent Amino Acid Market

Amino Acid Market:

Attributes

Amino Acid Market

CAGR (2022-2032)

7.4%

Market Value (2032)

US$ 62.1 billion

Growth Factor

Demand is high, as consumers are more aware about their health and immunity.

Opportunity

Consumer expenditure and purchasing power due to rising disposable income creates more market opportunities.

Key Trends

Increase in international sporting events and improved awareness of the physiological benefits lead to market expansion.

Feed Amino Acid Market:

Attributes

Feed Amino Acid Market

CAGR (2022-2032)

5.5%

Market Value (2032)

US$ 12.7 billion

Growth Factor

The ongoing economic expansion of these nations is to blame for the rising demand, which has changed demography, dietary preferences, and lifestyles.

Opportunity

Due to environmental concerns, the necessity of feed enzymes for improving meat quality is growing.

Key Trends

Urbanization and globalization are transforming the region's population's thinking as customers experiment with new eating trends.

Food Amino Acid Market:

Attributes

Food Amino Acid Market

CAGR (2022-2032)

7.5%

Market Value (2032)

US$ 15.07 billion

Growth Factor

Due to their crucial functions in maintaining and enhancing human health, market growth is exploding.

Opportunity

Demand for dietary supplements based on amino acids creates a number of market opportunities.

Key Trends

To fulfill the rising demand from fitness channels, manufacturers of sports supplements are creating a line of products based on amino acids.

The technology utilized to generate amino acids has advanced significantly as a result of the exploitation of new application areas and the growing amino acid markets. In industry, amino acids are used as intermediate precursors to make antibiotics.

Animal nutrition supplements are made of amino acids to boost animal health and productivity, which expand the demand for amino acids. A lot of techniques using biotechnology are used to make amino acids.

Although biotechnology-based production requires a lot of resources, it provides several opportunities in the amino acids market. The application of contemporary biotechnology boosts amino acid output yield.

Red meat, shellfish, eggs, dairy products, quinoa, and soy products are all rich sources of amino acids. They are advantageous for boosting the immune system, battling cancer and arthritis, and treating tinnitus and rectal conditions. Due to these benefits, amino acid market share is expanding.

This FMI report provides an analysis of the most recent amino acid trends and opportunities in each of the sub-segments from 2022-2032, as well as estimates revenue growth of the global amino acid market.

Which Raw Material is Leading the Amino Acid Market?

Due to the growing consumer preference for products with naturally sourced ingredients, plant-based raw materials had the biggest amino acid revenue share of 86.0% in 2021, and is anticipated to increase at the fastest rate.

Soybean, wheat, corn, potatoes, and peas are examples of plant sources. Due to its high consumption and widespread production, soybean is being used for the product's commercial development.

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Which Product has the Largest Amino Acid Market Share?

L-glutamate had the highest amino acid volume share of 47.5% in 2021, and is expected to keep leading during the forecast period. During the forecast period, rising consumer demand for processed food products and increasing product penetration in animal feed are anticipated to fuel product demand for amino acids.

Since it is an important amino acid, demand for lysine has recently increased significantly. Increasing product demand from businesses that produce animal feed and rising consumer use of nutritional supplement formulations are both anticipated to boost lysine demand over the course of the forecast period.

Which Application has the Highest Potential in the Amino Acid Market?

With an amino acid volume share of 56.1% in the food and dietary supplements application in 2021, it is expected to continue to lead the market over the forecast period.

In the food processing sector, amino acids are utilized as flavor enhancers, preservatives, and nutrition boosters. As flavor and taste enhancers, glycine and alanine are frequently used.

The amino acid market segment for animal feed is anticipated to increase at the quickest rate over the anticipated period. Amino acids are utilized as additions in animal feed formulations to support animal development and reproduction, as well as their need for protein.

Amino acid supplementation increases feed conversion efficiency, resulting in decreased feed expenditures per unit of weight gain produced. The amount of amino acids needed also changes depending on the species and stage of animal development.

Which is the Leading Segment in the Amino Acid Market by Livestock?

According to FMI, the amino acid market’s poultry segment has a revenue share of 41.8% in 2021, and is predicted to increase at the fastest rate. Broilers, turkeys, ducks, and chickens make up the poultry market.

The poultry feed market is anticipated to be driven by rising demand for chicken and broiler meat in nations like the United States, Russia, and Mexico. This leads to increased use of feed additives, such as amino acids like lysine and arginine.

What is the Asia-Pacific Outlook of the Amino Acid Market?

With a 48.5% sales share in 2021, the amino acid market was most successful in Asia Pacific.

During the projected period, the area is anticipated to experience the fastest revenue-based growth. The rise in consumer spending in the area, the spread of a healthy lifestyle, and the quick growth of end-use sectors like pharmaceutical, nutraceutical, personal care, and cosmetics can all be credited with this.

The amino acid regional market is expected to increase as a result of rising production of amino acids and rising exports of feed additives from important nations like China and Japan. Amino acids are mostly utilized to treat liver and cardiovascular conditions, as well as to lessen muscular exhaustion and deterioration.

Demand for amino acids is high in the aforementioned nations due to the expanding populations in emerging markets like China and India, as well as the presence of a young population.

What is the Europe Growth Outlook of the Amino Acid Market?

Over the past few years, the consumption of meat has surged in European nations like Germany, the U.K., France, and Italy. The Europe amino acid market is anticipated to be driven by the expanding use of animal feed additives that contain a proportionate amount of well-known amino acids, such as lysine, methionine, and threonine, for enhancing animal development performance.

In addition, increased demand for premium meat and meat products is likely to drive the amino acid market for feed additives in the area, which is anticipated to drive the adoption of amino acid in the feed sector.

How are Start-Ups Performing in the Amino Acid Market?

Most companies are accentuating their expansion into branded consumer products sold in supermarkets and company-operated specialty shops. Due to the large potential for revenue development, many startups are entering the amino acid market.

An example of such a platform is ProtienQure, which focuses on new peptides that have been tuned for binding, specificity, and other pharmacokinetic features. Additionally, it creates proteins with numerous binding domains. Through the platform, their business associates can use their in-house wet lab technology to investigate biology in novel ways.

Rejuvenation began developing a bottle- or can-based amino acid product in 2016 and is now ready to sell it in stores. The transition towards carbonated cans leads to significantly higher revenue growth than in the past, and are expected to grow continuously.

What is the Competitive Outlook of the Amino Acid Market?

Large manufacturing capacity and established companies have been the amino acid market's defining characteristics. They are concentrating on acquisitions, expansion, and investment strategies to improve their product portfolio and satisfy the rising demand from end-use markets as a result of the increased demand for amino acid.

  • The launch of Ambition, an amino acid-based medicine created specifically for the Chinese market, was announced by the Leverkusen, Germany-based pharmaceutical company Bayer AG in January 2022. The item contains 19 different kinds of amino acids, including glutamic, alanine, and glycine acid.
  • To increase milk yield, ADM introduced NutriPass L, an encapsulated lysine supplement.

Key Players

Key segments

By Raw Material:

  • Plant Based
  • Animal Based

By Application:

  • Animal Feed
  • Food & Dietary Supplements
  • Pharmaceutical

By Livestock:

  • Swine
  • Poultry
  • Cattle
  • Others

By Product:

  • L-Glutamate
  • Lysine
  • Methionine
  • Threonine
  • Tryptophan
  • Leucine
  • Iso-Leucine
  • Valine
  • Glutamine
  • Arginine
  • Glycine
  • Phenylalanine
  • Tyrosine
  • Citrulline
  • Creatine
  • Proline
  • Serine
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Frequently Asked Questions

The amino acid market is projected to have a CAGR of 7.4% through 2032.

The amino acid market size is anticipated to be US$ 62.1 billion through 2032.

The amino acid market size was US$ 24.2 billion in 2021.

The food and dietary supplement holds 56.1% of the amino acid market share in 2021.

Poultry segment holds 41% of the amino acid market share in2021.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (Kilotons) Analysis, 2017-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (Kilotons) Projections, 2022-2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Mn) & Volume (Kilotons) Analysis By Product Type, 2017-2021

    5.3. Current and Future Market Size Value (US$ Mn) & Volume (Kilotons) Analysis and Forecast By Product Type, 2022-2032

        5.3.1. L-Glutamate

        5.3.2. Lysine

        5.3.3. Methionine

        5.3.4. Threonine

        5.3.5. Tryptophan

        5.3.6. Leucine

        5.3.7. Iso-leucine

        5.3.8. Valine

        5.3.9. Glutamine

        5.3.10. Arginine

        5.3.11. Glycine

        5.3.12. Phenylalanine

        5.3.13. Tyrosine

        5.3.14. Other Product Types

    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021

    5.5. Absolute $ Opportunity Analysis By Product Type, 2022-2032

Deep-dive segmentation will be available in the sample on request

6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Mn) & Volume (Kilotons) Analysis By Application, 2017-2021

    6.3. Current and Future Market Size Value (US$ Mn) & Volume (Kilotons) Analysis and Forecast By Application, 2022-2032

        6.3.1. Food & Beverages

        6.3.2. Dietary Supplements

        6.3.3. Pharmaceuticals

        6.3.4. Animal Feed

        6.3.5. Other Applications

    6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021

    6.5. Absolute $ Opportunity Analysis By Application, 2022-2032

Deep-dive segmentation will be available in the sample on request

7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Source

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Mn) & Volume (Kilotons) Analysis By Source, 2017-2021

    7.3. Current and Future Market Size Value (US$ Mn) & Volume (Kilotons) Analysis and Forecast By Source, 2022-2032

        7.3.1. Plant-based

        7.3.2. Animal-based

    7.4. Y-o-Y Growth Trend Analysis By Source, 2017-2021

    7.5. Absolute $ Opportunity Analysis By Source, 2022-2032

Deep-dive segmentation will be available in the sample on request

8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Mn) & Volume (Kilotons) Analysis By Region, 2017-2021

    8.3. Current Market Size Value (US$ Mn) & Volume (Kilotons) Analysis and Forecast By Region, 2022-2032

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Europe

        8.3.4. East Asia

        8.3.5. South Asia & Pacific

        8.3.6. MEA

    8.4. Market Attractiveness Analysis By Region

9. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    9.1. Historical Market Size Value (US$ Mn) & Volume (Kilotons) Trend Analysis By Market Taxonomy, 2017-2021

    9.2. Market Size Value (US$ Mn) & Volume (Kilotons) Forecast By Market Taxonomy, 2022-2032

        9.2.1. By Country

            9.2.1.1. U.S.

            9.2.1.2. Canada

        9.2.2. By Product Type

        9.2.3. By Application

        9.2.4. By Source

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Product Type

        9.3.3. By Application

        9.3.4. By Source

    9.4. Key Takeaways

10. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    10.1. Historical Market Size Value (US$ Mn) & Volume (Kilotons) Trend Analysis By Market Taxonomy, 2017-2021

    10.2. Market Size Value (US$ Mn) & Volume (Kilotons) Forecast By Market Taxonomy, 2022-2032

        10.2.1. By Country

            10.2.1.1. Mexico

            10.2.1.2. Brazil

            10.2.1.3. Rest of Latin America

        10.2.2. By Product Type

        10.2.3. By Application

        10.2.4. By Source

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product Type

        10.3.3. By Application

        10.3.4. By Source

    10.4. Key Takeaways

11. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    11.1. Historical Market Size Value (US$ Mn) & Volume (Kilotons) Trend Analysis By Market Taxonomy, 2017-2021

    11.2. Market Size Value (US$ Mn) & Volume (Kilotons) Forecast By Market Taxonomy, 2022-2032

        11.2.1. By Country

            11.2.1.1. Germany

            11.2.1.2. Italy

            11.2.1.3. France

            11.2.1.4. U.K.

            11.2.1.5. Spain

            11.2.1.6. BENELUX

            11.2.1.7. Russia

            11.2.1.8. Rest of Europe

        11.2.2. By Product Type

        11.2.3. By Application

        11.2.4. By Source

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product Type

        11.3.3. By Application

        11.3.4. By Source

    11.4. Key Takeaways

12. East Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    12.1. Historical Market Size Value (US$ Mn) & Volume (Kilotons) Trend Analysis By Market Taxonomy, 2017-2021

    12.2. Market Size Value (US$ Mn) & Volume (Kilotons) Forecast By Market Taxonomy, 2022-2032

        12.2.1. By Country

            12.2.1.1. China

            12.2.1.2. Japan

            12.2.1.3. South Korea

        12.2.2. By Product Type

        12.2.3. By Application

        12.2.4. By Source

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Product Type

        12.3.3. By Application

        12.3.4. By Source

    12.4. Key Takeaways

13. South Asia & Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    13.1. Historical Market Size Value (US$ Mn) & Volume (Kilotons) Trend Analysis By Market Taxonomy, 2017-2021

    13.2. Market Size Value (US$ Mn) & Volume (Kilotons) Forecast By Market Taxonomy, 2022-2032

        13.2.1. By Country

            13.2.1.1. India

            13.2.1.2. ASEAN

            13.2.1.3. Australia and New Zealand

            13.2.1.4. Rest of South Asia & Pacific

        13.2.2. By Product Type

        13.2.3. By Application

        13.2.4. By Source

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Product Type

        13.3.3. By Application

        13.3.4. By Source

    13.4. Key Takeaways

14. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    14.1. Historical Market Size Value (US$ Mn) & Volume (Kilotons) Trend Analysis By Market Taxonomy, 2017-2021

    14.2. Market Size Value (US$ Mn) & Volume (Kilotons) Forecast By Market Taxonomy, 2022-2032

        14.2.1. By Country

            14.2.1.1. GCC Countries

            14.2.1.2. Turkey

            14.2.1.3. South Africa

            14.2.1.4. Rest of MEA

        14.2.2. By Product Type

        14.2.3. By Application

        14.2.4. By Source

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Product Type

        14.3.3. By Application

        14.3.4. By Source

    14.4. Key Takeaways

15. Key Countries Market Analysis

    15.1. U.S.

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2021

            15.1.2.1. By Product Type

            15.1.2.2. By Application

            15.1.2.3. By Source

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2021

            15.2.2.1. By Product Type

            15.2.2.2. By Application

            15.2.2.3. By Source

    15.3. Mexico

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2021

            15.3.2.1. By Product Type

            15.3.2.2. By Application

            15.3.2.3. By Source

    15.4. Brazil

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2021

            15.4.2.1. By Product Type

            15.4.2.2. By Application

            15.4.2.3. By Source

    15.5. Germany

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2021

            15.5.2.1. By Product Type

            15.5.2.2. By Application

            15.5.2.3. By Source

    15.6. Italy

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2021

            15.6.2.1. By Product Type

            15.6.2.2. By Application

            15.6.2.3. By Source

    15.7. France

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2021

            15.7.2.1. By Product Type

            15.7.2.2. By Application

            15.7.2.3. By Source

    15.8. U.K.

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2021

            15.8.2.1. By Product Type

            15.8.2.2. By Application

            15.8.2.3. By Source

    15.9. Spain

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2021

            15.9.2.1. By Product Type

            15.9.2.2. By Application

            15.9.2.3. By Source

    15.10. BENELUX

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2021

            15.10.2.1. By Product Type

            15.10.2.2. By Application

            15.10.2.3. By Source

    15.11. Russia

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2021

            15.11.2.1. By Product Type

            15.11.2.2. By Application

            15.11.2.3. By Source

    15.12. China

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2021

            15.12.2.1. By Product Type

            15.12.2.2. By Application

            15.12.2.3. By Source

    15.13. Japan

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2021

            15.13.2.1. By Product Type

            15.13.2.2. By Application

            15.13.2.3. By Source

    15.14. South Korea

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2021

            15.14.2.1. By Product Type

            15.14.2.2. By Application

            15.14.2.3. By Source

    15.15. India

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2021

            15.15.2.1. By Product Type

            15.15.2.2. By Application

            15.15.2.3. By Source

    15.16. ASEAN

        15.16.1. Pricing Analysis

        15.16.2. Market Share Analysis, 2021

            15.16.2.1. By Product Type

            15.16.2.2. By Application

            15.16.2.3. By Source

    15.17. Australia and New Zealand

        15.17.1. Pricing Analysis

        15.17.2. Market Share Analysis, 2021

            15.17.2.1. By Product Type

            15.17.2.2. By Application

            15.17.2.3. By Source

    15.18. GCC Countries

        15.18.1. Pricing Analysis

        15.18.2. Market Share Analysis, 2021

            15.18.2.1. By Product Type

            15.18.2.2. By Application

            15.18.2.3. By Source

    15.19. Turkey

        15.19.1. Pricing Analysis

        15.19.2. Market Share Analysis, 2021

            15.19.2.1. By Product Type

            15.19.2.2. By Application

            15.19.2.3. By Source

    15.20. South Africa

        15.20.1. Pricing Analysis

        15.20.2. Market Share Analysis, 2021

            15.20.2.1. By Product Type

            15.20.2.2. By Application

            15.20.2.3. By Source

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Product Type

        16.3.3. By Application

        16.3.4. By Source

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. Archer Daniels Midland Company

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

                17.1.1.5.2. Product Strategy

                17.1.1.5.3. Channel Strategy

        17.1.2. Ajinomoto Co., Inc.

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

                17.1.2.5.2. Product Strategy

                17.1.2.5.3. Channel Strategy

        17.1.3. Cargill, Incorporated

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

                17.1.3.5.2. Product Strategy

                17.1.3.5.3. Channel Strategy

        17.1.4. DAESANG Corporation

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

                17.1.4.5.2. Product Strategy

                17.1.4.5.3. Channel Strategy

        17.1.5. Evonik Industries AG

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

                17.1.5.5.2. Product Strategy

                17.1.5.5.3. Channel Strategy

        17.1.6. Fufeng Group Company Limited

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

                17.1.6.5.2. Product Strategy

                17.1.6.5.3. Channel Strategy

        17.1.7. Iris Biotech GmbH

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

                17.1.7.5.2. Product Strategy

                17.1.7.5.3. Channel Strategy

        17.1.8. RSP Amino Acids, LLC

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

                17.1.8.5.2. Product Strategy

                17.1.8.5.3. Channel Strategy

        17.1.9. Sumitomo Chemical Co. Ltd.

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

                17.1.9.5.2. Product Strategy

                17.1.9.5.3. Channel Strategy

        17.1.10. Tokyo Chemical Industry Co., Ltd.

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

                17.1.10.5.2. Product Strategy

                17.1.10.5.3. Channel Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

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List of Tables

Table 1: Global Market Value (US$ Mn) Forecast by Region, 2017-2032

Table 2: Global Market Volume (Kilotons) Forecast by Region, 2017-2032

Table 3: Global Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 4: Global Market Volume (Kilotons) Forecast by Product Type, 2017-2032

Table 5: Global Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 6: Global Market Volume (Kilotons) Forecast by Application, 2017-2032

Table 7: Global Market Value (US$ Mn) Forecast by Source, 2017-2032

Table 8: Global Market Volume (Kilotons) Forecast by Source, 2017-2032

Table 9: North America Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 10: North America Market Volume (Kilotons) Forecast by Country, 2017-2032

Table 11: North America Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 12: North America Market Volume (Kilotons) Forecast by Product Type, 2017-2032

Table 13: North America Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 14: North America Market Volume (Kilotons) Forecast by Application, 2017-2032

Table 15: North America Market Value (US$ Mn) Forecast by Source, 2017-2032

Table 16: North America Market Volume (Kilotons) Forecast by Source, 2017-2032

Table 17: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 18: Latin America Market Volume (Kilotons) Forecast by Country, 2017-2032

Table 19: Latin America Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 20: Latin America Market Volume (Kilotons) Forecast by Product Type, 2017-2032

Table 21: Latin America Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 22: Latin America Market Volume (Kilotons) Forecast by Application, 2017-2032

Table 23: Latin America Market Value (US$ Mn) Forecast by Source, 2017-2032

Table 24: Latin America Market Volume (Kilotons) Forecast by Source, 2017-2032

Table 25: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 26: Europe Market Volume (Kilotons) Forecast by Country, 2017-2032

Table 27: Europe Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 28: Europe Market Volume (Kilotons) Forecast by Product Type, 2017-2032

Table 29: Europe Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 30: Europe Market Volume (Kilotons) Forecast by Application, 2017-2032

Table 31: Europe Market Value (US$ Mn) Forecast by Source, 2017-2032

Table 32: Europe Market Volume (Kilotons) Forecast by Source, 2017-2032

Table 33: East Asia Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 34: East Asia Market Volume (Kilotons) Forecast by Country, 2017-2032

Table 35: East Asia Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 36: East Asia Market Volume (Kilotons) Forecast by Product Type, 2017-2032

Table 37: East Asia Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 38: East Asia Market Volume (Kilotons) Forecast by Application, 2017-2032

Table 39: East Asia Market Value (US$ Mn) Forecast by Source, 2017-2032

Table 40: East Asia Market Volume (Kilotons) Forecast by Source, 2017-2032

Table 41: South Asia & Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 42: South Asia & Pacific Market Volume (Kilotons) Forecast by Country, 2017-2032

Table 43: South Asia & Pacific Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 44: South Asia & Pacific Market Volume (Kilotons) Forecast by Product Type, 2017-2032

Table 45: South Asia & Pacific Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 46: South Asia & Pacific Market Volume (Kilotons) Forecast by Application, 2017-2032

Table 47: South Asia & Pacific Market Value (US$ Mn) Forecast by Source, 2017-2032

Table 48: South Asia & Pacific Market Volume (Kilotons) Forecast by Source, 2017-2032

Table 49: MEA Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 50: MEA Market Volume (Kilotons) Forecast by Country, 2017-2032

Table 51: MEA Market Value (US$ Mn) Forecast by Product Type, 2017-2032

Table 52: MEA Market Volume (Kilotons) Forecast by Product Type, 2017-2032

Table 53: MEA Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 54: MEA Market Volume (Kilotons) Forecast by Application, 2017-2032

Table 55: MEA Market Value (US$ Mn) Forecast by Source, 2017-2032

Table 56: MEA Market Volume (Kilotons) Forecast by Source, 2017-2032

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List of Charts

Figure 1: Global Market Value (US$ Mn) by Product Type, 2022-2032

Figure 2: Global Market Value (US$ Mn) by Application, 2022-2032

Figure 3: Global Market Value (US$ Mn) by Source, 2022-2032

Figure 4: Global Market Value (US$ Mn) by Region, 2022-2032

Figure 5: Global Market Value (US$ Mn) Analysis by Region, 2017-2032

Figure 6: Global Market Volume (Kilotons) Analysis by Region, 2017-2032

Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032

Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032

Figure 9: Global Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 10: Global Market Volume (Kilotons) Analysis by Product Type, 2017-2032

Figure 11: Global Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 12: Global Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 13: Global Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 14: Global Market Volume (Kilotons) Analysis by Application, 2017-2032

Figure 15: Global Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 16: Global Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 17: Global Market Value (US$ Mn) Analysis by Source, 2017-2032

Figure 18: Global Market Volume (Kilotons) Analysis by Source, 2017-2032

Figure 19: Global Market Value Share (%) and BPS Analysis by Source, 2022-2032

Figure 20: Global Market Y-o-Y Growth (%) Projections by Source, 2022-2032

Figure 21: Global Market Attractiveness by Product Type, 2022-2032

Figure 22: Global Market Attractiveness by Application, 2022-2032

Figure 23: Global Market Attractiveness by Source, 2022-2032

Figure 24: Global Market Attractiveness by Region, 2022-2032

Figure 25: North America Market Value (US$ Mn) by Product Type, 2022-2032

Figure 26: North America Market Value (US$ Mn) by Application, 2022-2032

Figure 27: North America Market Value (US$ Mn) by Source, 2022-2032

Figure 28: North America Market Value (US$ Mn) by Country, 2022-2032

Figure 29: North America Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 30: North America Market Volume (Kilotons) Analysis by Country, 2017-2032

Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 33: North America Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 34: North America Market Volume (Kilotons) Analysis by Product Type, 2017-2032

Figure 35: North America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 36: North America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 37: North America Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 38: North America Market Volume (Kilotons) Analysis by Application, 2017-2032

Figure 39: North America Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 40: North America Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 41: North America Market Value (US$ Mn) Analysis by Source, 2017-2032

Figure 42: North America Market Volume (Kilotons) Analysis by Source, 2017-2032

Figure 43: North America Market Value Share (%) and BPS Analysis by Source, 2022-2032

Figure 44: North America Market Y-o-Y Growth (%) Projections by Source, 2022-2032

Figure 45: North America Market Attractiveness by Product Type, 2022-2032

Figure 46: North America Market Attractiveness by Application, 2022-2032

Figure 47: North America Market Attractiveness by Source, 2022-2032

Figure 48: North America Market Attractiveness by Country, 2022-2032

Figure 49: Latin America Market Value (US$ Mn) by Product Type, 2022-2032

Figure 50: Latin America Market Value (US$ Mn) by Application, 2022-2032

Figure 51: Latin America Market Value (US$ Mn) by Source, 2022-2032

Figure 52: Latin America Market Value (US$ Mn) by Country, 2022-2032

Figure 53: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 54: Latin America Market Volume (Kilotons) Analysis by Country, 2017-2032

Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 57: Latin America Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 58: Latin America Market Volume (Kilotons) Analysis by Product Type, 2017-2032

Figure 59: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 61: Latin America Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 62: Latin America Market Volume (Kilotons) Analysis by Application, 2017-2032

Figure 63: Latin America Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 65: Latin America Market Value (US$ Mn) Analysis by Source, 2017-2032

Figure 66: Latin America Market Volume (Kilotons) Analysis by Source, 2017-2032

Figure 67: Latin America Market Value Share (%) and BPS Analysis by Source, 2022-2032

Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Source, 2022-2032

Figure 69: Latin America Market Attractiveness by Product Type, 2022-2032

Figure 70: Latin America Market Attractiveness by Application, 2022-2032

Figure 71: Latin America Market Attractiveness by Source, 2022-2032

Figure 72: Latin America Market Attractiveness by Country, 2022-2032

Figure 73: Europe Market Value (US$ Mn) by Product Type, 2022-2032

Figure 74: Europe Market Value (US$ Mn) by Application, 2022-2032

Figure 75: Europe Market Value (US$ Mn) by Source, 2022-2032

Figure 76: Europe Market Value (US$ Mn) by Country, 2022-2032

Figure 77: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 78: Europe Market Volume (Kilotons) Analysis by Country, 2017-2032

Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 81: Europe Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 82: Europe Market Volume (Kilotons) Analysis by Product Type, 2017-2032

Figure 83: Europe Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 84: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 85: Europe Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 86: Europe Market Volume (Kilotons) Analysis by Application, 2017-2032

Figure 87: Europe Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 88: Europe Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 89: Europe Market Value (US$ Mn) Analysis by Source, 2017-2032

Figure 90: Europe Market Volume (Kilotons) Analysis by Source, 2017-2032

Figure 91: Europe Market Value Share (%) and BPS Analysis by Source, 2022-2032

Figure 92: Europe Market Y-o-Y Growth (%) Projections by Source, 2022-2032

Figure 93: Europe Market Attractiveness by Product Type, 2022-2032

Figure 94: Europe Market Attractiveness by Application, 2022-2032

Figure 95: Europe Market Attractiveness by Source, 2022-2032

Figure 96: Europe Market Attractiveness by Country, 2022-2032

Figure 97: East Asia Market Value (US$ Mn) by Product Type, 2022-2032

Figure 98: East Asia Market Value (US$ Mn) by Application, 2022-2032

Figure 99: East Asia Market Value (US$ Mn) by Source, 2022-2032

Figure 100: East Asia Market Value (US$ Mn) by Country, 2022-2032

Figure 101: East Asia Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 102: East Asia Market Volume (Kilotons) Analysis by Country, 2017-2032

Figure 103: East Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 104: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 105: East Asia Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 106: East Asia Market Volume (Kilotons) Analysis by Product Type, 2017-2032

Figure 107: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 108: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 109: East Asia Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 110: East Asia Market Volume (Kilotons) Analysis by Application, 2017-2032

Figure 111: East Asia Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 112: East Asia Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 113: East Asia Market Value (US$ Mn) Analysis by Source, 2017-2032

Figure 114: East Asia Market Volume (Kilotons) Analysis by Source, 2017-2032

Figure 115: East Asia Market Value Share (%) and BPS Analysis by Source, 2022-2032

Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Source, 2022-2032

Figure 117: East Asia Market Attractiveness by Product Type, 2022-2032

Figure 118: East Asia Market Attractiveness by Application, 2022-2032

Figure 119: East Asia Market Attractiveness by Source, 2022-2032

Figure 120: East Asia Market Attractiveness by Country, 2022-2032

Figure 121: South Asia & Pacific Market Value (US$ Mn) by Product Type, 2022-2032

Figure 122: South Asia & Pacific Market Value (US$ Mn) by Application, 2022-2032

Figure 123: South Asia & Pacific Market Value (US$ Mn) by Source, 2022-2032

Figure 124: South Asia & Pacific Market Value (US$ Mn) by Country, 2022-2032

Figure 125: South Asia & Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 126: South Asia & Pacific Market Volume (Kilotons) Analysis by Country, 2017-2032

Figure 127: South Asia & Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 128: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 129: South Asia & Pacific Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 130: South Asia & Pacific Market Volume (Kilotons) Analysis by Product Type, 2017-2032

Figure 131: South Asia & Pacific Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 132: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 133: South Asia & Pacific Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 134: South Asia & Pacific Market Volume (Kilotons) Analysis by Application, 2017-2032

Figure 135: South Asia & Pacific Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 136: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 137: South Asia & Pacific Market Value (US$ Mn) Analysis by Source, 2017-2032

Figure 138: South Asia & Pacific Market Volume (Kilotons) Analysis by Source, 2017-2032

Figure 139: South Asia & Pacific Market Value Share (%) and BPS Analysis by Source, 2022-2032

Figure 140: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Source, 2022-2032

Figure 141: South Asia & Pacific Market Attractiveness by Product Type, 2022-2032

Figure 142: South Asia & Pacific Market Attractiveness by Application, 2022-2032

Figure 143: South Asia & Pacific Market Attractiveness by Source, 2022-2032

Figure 144: South Asia & Pacific Market Attractiveness by Country, 2022-2032

Figure 145: MEA Market Value (US$ Mn) by Product Type, 2022-2032

Figure 146: MEA Market Value (US$ Mn) by Application, 2022-2032

Figure 147: MEA Market Value (US$ Mn) by Source, 2022-2032

Figure 148: MEA Market Value (US$ Mn) by Country, 2022-2032

Figure 149: MEA Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 150: MEA Market Volume (Kilotons) Analysis by Country, 2017-2032

Figure 151: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 152: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 153: MEA Market Value (US$ Mn) Analysis by Product Type, 2017-2032

Figure 154: MEA Market Volume (Kilotons) Analysis by Product Type, 2017-2032

Figure 155: MEA Market Value Share (%) and BPS Analysis by Product Type, 2022-2032

Figure 156: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032

Figure 157: MEA Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 158: MEA Market Volume (Kilotons) Analysis by Application, 2017-2032

Figure 159: MEA Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 160: MEA Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 161: MEA Market Value (US$ Mn) Analysis by Source, 2017-2032

Figure 162: MEA Market Volume (Kilotons) Analysis by Source, 2017-2032

Figure 163: MEA Market Value Share (%) and BPS Analysis by Source, 2022-2032

Figure 164: MEA Market Y-o-Y Growth (%) Projections by Source, 2022-2032

Figure 165: MEA Market Attractiveness by Product Type, 2022-2032

Figure 166: MEA Market Attractiveness by Application, 2022-2032

Figure 167: MEA Market Attractiveness by Source, 2022-2032

Figure 168: MEA Market Attractiveness by Country, 2022-2032

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