Report Ocean published a recovery-based report for ‘Global Food Amino Acids Market’ that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2032) and develops reliable and approximative timeline estimations up to 2032.
Global Food Amino Acids Market is valued approximately USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2032. Amino acids are compounds that play many critical roles in human body. Amino acids help in the formation and growth of muscles, tissues, and skin. Also, assist body in maintaining muscle tone and tissue strength. Amino Acids are widely used as additive in nutraceuticals and dietary supplements industry. Growing health consciousness and rising demand for sustainable food products are key drivers for the growth of Food Amino Acids market.
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For instance, according to global database management company Statista- In the year 2021, the Millennials in the U.S. accounted for 40 percent of the sustainable food and non-alcoholic beverage market and as per estimation the generation’s market share is forecast to increase to 44 percent by the year 2025. Also, with increasing use of amino acids as additives and rising disposable income, the adoption & demand for Food Amino Acids is likely to increase the market growth during the forecast period. However, high fluctuating cost of raw materials impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Food Amino Acids market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing demand for the plant-based food products in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising disposable income and growing processed food industry in the region would create lucrative growth prospects for the Food Amino Acids market across Asia-Pacific region.
Major market player included in this report are:
Prinova Group LLC
Ajinomoto Co. Inc.
Merck KGaA
Daesang Corporation
Royal DSM
Brenntag AG
Kemin Industries
Novus International, Inc. (USA)
Sunitomo Chemical Co. Ltd
AMINO GMBH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Lysine
Glutamic Acid
Methionine
Tryptophan
Others
By Source:
Plant Based
Animal Based
Synthetic
By End Use Industries:
Nutraceuticals & dietary supplements
Infant formula
Food fortification
Convenience food
Others
By Distribution Channel:
Direct
Indirect
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
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