Food Amino Acids Market

2019 Analysis and Review Food Amino Acids Market Application - Nutraceutical & Dietary Supplements, Infant Formula, Food Fortification and Convenience Foods for 2019 - 2029

  • 2020-04-08
  • REP-GB-11235
  • 128 Tables
  • 112 Figures
  • 250 pages
  • PDF PPT EXCEL
Food Amino Acids Market
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Global Food Amino Acids Market to Reach US$ 9.8 Bn by 2029

The global food amino acids market is projected to reach US$ 9.8 Bn by the end of 2029. The market was valued at US$ 5.4 Bn in 2019. If these figures hold true, the market will exhibit a CAGR of 6.2% between 2019 and 2029. Regionally, Asia Pacific is projected to be the fastest-growing market during the forecast period. The nutraceuticals and dietary supplements is estimated to dominate the global market.

COVID -19 : Impact Analysis

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KEY RESEARCH FINDINGS

  • The global food amino acids market is set to register revenues of about US$ 10 Bn in 2029.
  • Increasing preference for health-centered food, especially protein-rich products, would significantly drive market growth.
  • Glutamic acid captures leading value share, given its flavor-enhancing properties.
  • Plant-based sources continue to maintain their hegemony in food amino acids market.
  • Amongst these, amino acids are most commonly utilized in the production of animal feeds.
  • Food & Dietary Supplements would be the key application area of food amino acids.
  • Market players continue to capitalize on Asia Pacific (APAC) food amino acids market through 2029.

KEY FACTORS SHAPING FOOD AMINO ACIDS MARKET

Demand Upheaval in Sports Industry

Athletes and other sportspersons are heavily relying on low carbohydrate food products, energy drinks, and nutrition bars and supplements in order to improve their performance. Influenced by this, manufacturers in food & beverage sector are developing products rich in amino acids. Notable rise in international sporting events has resulted in greater attention towards physiological effects of amino acids (BCAAs) on muscles. Food amino acid manufacturers are tapping on this opportunity to capture value at stake.

APAC to Offer Value-capture Opportunities

Asia Pacific (APAC) continues to capture significant revenue share in food amino acids market, owing to surging production and consumption of dietary supplements in countries – China, and India. In addition, China represents the most lucrative regional market. Markets in North America and Europe, collectively, account for over half of overall value, and the figure would increase stably. This study further underlines that, Middle East & Africa (MEA) food amino acids market is expected to experience top-line growth over the following decade.

Impact of COVID-19 Pandemic on Food Amino Acids

Several industries have undergone manufacturing slowdown amidst the coronavirus (COVID-19) pandemic due to labor shortage and scarcity of raw materials. Influenced by the impact of the virus spread, consumers are exhibiting staunch inclination towards healthy food products. Although food amino acids market is witnessing steady demand growth during nationwide lockdowns in several countries, market is poised to recover after the containment of coronavirus.  

FOOD AMINO ACIDS MARKET STRUCTURE ANALYSIS

  • Leading players in food amino acids market are focusing on new product launches, and merger & acquisitions to strengthen their regional footprint.
  • Companies are investing in R&D activities to manufacture food amino acids via biotechnology.

Report Metric

Details

Base year considered

2019

Actual estimates/Historical data

2014 - 2018

Forecast period

2019 - 2028

Market Value in 2019

US$ 5.4 Bn

Segments covered

Type, Source, Application.  

Regions covered

North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA.

Key Players

Archer Daniels Midland Company, Evonik Industries AG, Amino GMbH, Cargill, Daesang Corporation, Fufeng group company Ltd., Sunitomo Chemical Co. Ltd, Sigma-Aldrich Corporation, Prinova Corporation, Brenntag AG, Pangaea Sciences Inc., Kingchem Inc., Pacific Rainbow International, Inc., Kraemer Martin GmbH, Sunrise Nutrachem Group, Rochem International Inc., and Kyowa Hakko Kirin Group.

Growth Drivers

  • High demand for functional food items.
  • Rising shift towards protein-rich diet.
  • Increasing application scope in sports industry.

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

COVID-19 Impact Analysis

Consumer demand for protein-rich dietary supplements has stepped up due to biological appearance and better processing of amino acids. Amino acids are considered to be one of the essential clusters of primary nutrients, being the prime component of protein sources. Rising cognizance towards the worthiness of the nine essential amino acids, including histidine, lysine, leucine, tryptophan, valine, threonine, isoleucine, and methionine have alerted the consumers for the dangers associated with latter’s’ deficiency.

The average intake of food in developed nations is above the required amount, which is accomplished with the sufficient intake of protein or amino acid to sustain development, health, and nutrition among children and adults. The use of these products as dietary supplements supports some practical biological advantages. Few examples of benefits include acceleration of tissue repair after trauma or fire, muscle protein regeneration, neuronal activity enhancement, immune function potentiation, hepatic toxicity defense, reduction of blood pressure, pain relief effects, cholesterol metabolism control, insulin secretion or growth hormone stimulation, ammonia reduction in the blood, and much more. Therefore, advantages blended with rising consumer awareness for protein rich food are anticipated to nurture a high growth over the coming eight years.

The demand for protein rich dietary supplements is likely to remain high despite the impact of coronavirus outbreak. Due to the spread of the virus, consumers are likely to become more cautious about their food choices. Therefore, despite sluggish growth during lockdown, the market is likely to gain pace once normal life resumes. 

Economic Expansion to Offer Major Growth Opportunities in Developing Nations

In the food amino acids market in 2018, Asia-Pacific accounted for the major market share of 30 percent among regions. Dietary amino acids are one of the key ingredients in the dietary supplement development cycle. The production of dietary supplements is increasingly growing in the Asia-Pacific region's emerging economies. In addition, the consumption of dietary supplements is increasing at a rapid pace, especially in China, India, and other developing economies, which in turn propels the growth of the demand for food amino acids during the forecast period.

Across the forecast period, China is expected to maintain its dominance. North America and Europe have collectively accounted for 54% market share in global food amino acids market and is projected to witness a moderate growth owing to the mature market. Apart from that, Middle East region is projected to expand at a substantial growth rate during the forecast period. Among the Middle East region, UAE, and Saudi Arabia are estimated to hold significant market share throughout the forecast period. Demand witnessed across these markets however might get affected due to the recent coronavirus outbreak. 

* This data is only a representation. Actual data may vary and will be available in report.

Economic Expansion to Offer Major Growth Opportunities in Developing Nations
Economic Expansion to Offer Major Growth Opportunities in Developing Nations
Economic Expansion to Offer Major Growth Opportunities in Developing Nations
Economic Expansion to Offer Major Growth Opportunities in Developing Nations
  • 2014
  • 2019
  • 2022
  • 2029
  • Arrow

Rising Awareness among Athletes will Stoke Growth Opportunities

Nowadays, energy drinks, low carbohydrate food products, and nutrition bars and supplements are steadily consumed by athletes and other sportsmen to enhance their efficiency. This has prompted manufacturers to launch food products and drinks that contain large portions of amino acids. Besides this, surfactants based on amino acids are becoming more common than conventional surfactants as they are derived from different chemical structures and are more human friendly and less harmful. For example, because of their optimum detergent and solubility, N-acyl amino acid-based surfactants can be used in skincare and cleaning products. Apart from this, amino acids also play a vital role in the animal feed industry as they help in improving the efficiency of protein utilization in the animals.

Glutamic acid segment held the leading market share

Lysine segment forecast to higher rate of growth

Plant-based amino acid segment held lion’s share in the market

Synthetic amino acid segment to remain the second-lead

Nutraceuticals & dietary supplements segment holds dominance

Infant formula segment to rise at a higher CAGR

How Growth will Unfold

Growing awareness regarding benefits of feed additives coupled with the recent outbreak of diseases has prompted increased consumption of additives in animal feed. Population expansion coupled with increasing per capita disposable income is expected to fuel the demand for animal feed additives, especially in emerging Asia Pacific economies such as China and India, and in effect, increase the growth of the amino acids industry. Product demand for pharmaceutical applications is projected to increase living standards combined with greater consumer buying power. Rising sweeteners demand from convenience food and ready-to-drink beverages is projected to drive demand for L-aspartic acid and phenylalanine. It is anticipated that tight supply of raw materials will present challenges for industry participants, and can impede global development. Rising prices of raw materials including corn, soybean and wheat are expected to affect market profitability in recent years. The emergence of microfiltration processes to increase yield is expected to provide lucrative opportunities for participants in the industry

Food Amino Acids Market: Competition Structure

* This data is only a representation. Actual data may vary and will be available in report.

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Overview

Food Amino Acids Market: Global Industry Analysis 2015-2019 & Opportunity Assessment 2020-2030

A recent market study published by Future Market Insights on the Food Amino Acids market offers global industry analysis for 2015-2019 & opportunity assessment for 2020-2030. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters of the Food Amino Acids market, the growth prospects of the market are obtained with maximum precision.

Food Amino Acids Market Taxonomy

The global Food Amino Acids market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Type

  • Lysine
  • Glutamic Acid
  • Methionine
  • Tryptophan
  • Others

Source

  • Plant-Based 
  • Animal-Based

Application

  • Food & Dietary Supplements
  • Pharmaceuticals
  • Animal Feed

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

What's Included

The executive summary of the Food Amino Acids market includes the market proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global Food Amino Acids market.

Readers can find the detailed segmentation and definition of the Food Amino Acids market in this chapter, which will help them understand basic information about the Food Amino Acids market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the Food Amino Acids market report.

The associated industry assessment of the Food Amino Acids market is carried out in this section. The macroeconomic factors affecting growth of the Food Amino Acids market are provided in this section and the impact of these macroeconomic indicators on the Food Amino Acids market is analyzed. The processing overview and technological advancements in the Food Amino Acids market is also provided.

Profit margins at each level of the Food Amino Acids market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the Food Amino Acids market.

The drivers and restraints impacting the growth of the Food Amino Acids market are explained in this chapter. Opportunities and ongoing trends in the Food Amino Acids market are also comprehensively discussed.

This chapter includes detailed analysis of the historical Food Amino Acids market (2015-2019), along with an opportunity analysis for the forecast period (2020-2030). Readers can also find the absolute $ opportunity for the current year (2020 - 2021) and incremental opportunity for the forecast period (2020-2030).

Based on Type, the Food Amino Acids market is segmented into Lysine, Glutamic Acid, Methionine, Tryptophan, and others. In this chapter, readers can find information about key trends and developments in the Food Amino Acids market and market attractiveness analysis based on raw material.

Based on Source, the Food Amino Acids market is segmented into Plant-Based and Animal-Based. In this chapter, readers can find information about key trends and developments in the Food Amino Acids market and market attractiveness analysis based on raw material.

Based on Application, the Food Amino Acids market is classified into Food & Dietary Supplements, Pharmaceuticals, and Animal Feed. This part also offers market attractiveness analysis based on Application.

This chapter explains how the Food Amino Acids market is anticipated to grow across various geographic regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa.

This chapter includes a detailed analysis of the growth of the Food Amino Acids market in North America, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on end users and countries in the North America region.

Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the Food Amino Acids market in Latin America. This chapter also includes growth prospects of the Food Amino Acids market in leading LATAM countries such as Brazil, Mexico, and the Rest of Latin America.

Important growth prospects of the Food Amino Acids market based on its end users in several countries such as Germany, U.K., France, Italy, Spain, BENELUX, Nordic, Russia, Poland, and the Rest of Western Europe are included in this chapter.

In this chapter, readers can find information about key trends and developments in the key countries of South Asia such as India, Thailand, Malaysia, Indonesia, Singapore, and Rest of South Asia Food Amino Acids market.

This chapter includes a detailed analysis of the growth of the Food Amino Acids market in the East Asia region, along with a country-wise assessment that includes, Japan, China, and South Korea. Readers can also find regional trends, regulations, and market growth based on end users and countries in the APEJ region.

This chapter offers insights into how the Food Amino Acids market is expected to grow in major countries in the Middle East region such as Australia and New Zealand, during the forecast period 2020-2030.

This chapter contains information about the market growth of Food Amino Acids in Middle East region such as GCC Countries, South Africa, North Africa, and the Rest of Middle East, during the forecast period 2020-2030.

In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the Food Amino Acids market along with their market presence analysis by region and product portfolio.

In this chapter, readers can find a comprehensive list of leading manufacturers in the Food Amino Acids market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Archer Daniels Midland Company, Evonik Industries AG, Amino GMbH, Cargill, Daesang Corporation, Fufeng group company Ltd, Sunitomo Chemical Co. Ltd, Sigma-Aldrich Corporation, Prinova Corporation, Brenntag AG, Pangaea Sciences Inc., Kingchem Inc., Pacific Rainbow International, Inc., Kraemer Martin GmbH, Sunrise Nutrachem Group, Rochem International Inc, Kyowa Hakko Kirin Group, and others.

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the Food Amino Acids report.

This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the Food Amino Acids market.

How the research was conducted?

Primary Research

  • C - Level Executives
  • Marketing Directors
  • Sales Heads
  • Production Managers
  • Distributors Heads
  • Sales Executives
  • Product Manufacturers
  • Distributors
  • Traders 
  • Industry Experts
  • End Users
  • Current Market Dynamics and Challenges
  • Market Characteristics
  • Market Performance and Growth Quadrants
  • Competition Structure and Market Structure
  • Strategic Growth Initiatives
  • Near-term and Long-term Market Growth Prospects
  • Market Segment Splits and Authenticity
  • Opinions on Market Projections and Validity Of Assumptions

Secondary Research

  • Industry Publications
    • Industrial Week
    • Industrial Product Review
    • Industrial Magazine
  • Industry Associations
    • Dieticians Association
    • Food and Agriculture Organization
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites

Primary Interview Splits

Primary Interview Splits food amino acid market designation

Primary Interview Splits food amino acid market stakeholder

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