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Food Amino Acids Market Size, Share Analysis, Key Companies, and Forecast To 2028

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The Food Amino Acids Market was valued at USD 5,898.7 Million in 2020 and is expected to reach USD 10.05 Billion by the year 2028, at a CAGR of 6.8%.

According to a new report by Reports and Data, the global Food Amino Acids Market was valued at USD 5,898.7 Million in 2020 and is expected to reach USD 10.05 Billion by the year 2028, at a CAGR of 7.0%. Amino acids are organic compounds that include amino and carboxyl compounds. They’re the building blocks of proteins that play a vital role within the natural processes of a body. They’re found in abundance in meat, seafood, eggs, dairy products, quinoa, and soy products. Amino acids are beneficial for strengthening the system, developing muscles, fighting arthritis and cancer, and treating tinnitus and rectal diseases.

Rising health-consciousness among consumers has boosted the demand for nutrient-rich food. This has stimulated the manufacturers to present protein-rich foods and beverages within the global market, resulting in a rise within the need for amino acids. But this, amino acids are used for the manufacturing of supplements that are consumed by athletes. Athletes often have the risk of the body breaking down muscle tissues for fuel, consuming an amino acid supplement 30-60 minutes before a workout will help to prevent this damage by jumpstarting muscle repair through protein synthesis. Further, amino acids are employed in animal feed to supplement the protein requirement of the animals. Such benefits offered by amino acid drives the global amino acid market.

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Competitive Landscape:

The research report offers details about leading companies in the global Food Amino Acids market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market.

Consumer preference for consumption of protein rich-dietary supplements has intensified owing to biological presentation and improved amino acid functioning. Amino acids being the prime component of protein sources, are supposed to be one of the vital clusters of primary nutrients. Rising understanding towards the worthiness of the nine essential amino acids, including leucine, lysine, valine, tryptophan, threonine, histidine, isoleucine, and methionine have alerted the consumers for the dangers associated with latter’s’ deficiency.

Market Dynamics:

Increasing consumer inclination towards functional, organic and probiotic-based food drinks is providing impetus to the growth of global food and beverage industry. Various studies have come with health benefits associated with “ethnic” and organic food products. These foods improve cardiovascular health, improves arthritis, digestive issues, and other inflammatory conditions. Consumers are gradually focusing on mindful eating and consuming food for health and wellness. Changing eating and dietary patterns of consumers is prompting brand owners and new entrants to introduce healthy foods options. Several clean-label products have been introduced in the market and consumer curiosity for new products is immense

Growing middle class consumers with rising income in developing countries such as India and China will boost food beverage market growth. Moreover, increasing consumer preference for procuring food and beverage items from online platforms due to variety, cost and time-saving will foster market size through 2028.

 

Some of the Leading Market Players Are Listed Below:

  • Ajinomoto Co., Inc. (Japan),
  • Kyowa Hakko Kirin Co., Ltd. (Japan),
  • Sigma-Aldrich(acquired by Merck in 2015), Co. LLC. (U.S.),
  • Prinova Group LLC (acquired by Nagase group),
  • Sand Daesang Corporation (Korea).

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Market Segmentation:

Food Amino Acids Market Segmentation based on Types:

  • Glutamic acid
  • Lysine
  • Tryptophan
  • Methionine
  • Phenylalanine
  • Others

Food Amino Acids Market Segmentation based on the basis of livestock

  • Plant-based amino acids
  • Animal-based amino acids
  • Synthetic amino acids

Food Amino Acids Market Segmentation based on Application:

  • Nutraceuticals dietary supplements
  • Infant formula
  • Food fortification
  • Convenience food
  • Others

For comprehensive coverage, the report discusses growth prospects, opportunities, and challenges. The market report considers various key factors across the leading regions.

Food Amino Acids Market Segmentation based on Regions:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Latin America (Brazil, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East Africa)

Key Features of the global Food Amino Acids Market:

  • The report offers detailed estimations at the regional level with manufacturers, consumption, sales and import/export dynamics.
  • The report provides accurate details related of the manufacturers/vendors in the market, company overview, pricing analysis, financial standing, product portfolio, and gross profit of leading companies.
  • Company profiling with prevalent expansion strategies, revenue generation, and recent developments.
  • Optimum strategic initiatives for new players in the market.
  • Manufacturing processes, suppliers, cost, rates of production and consumption, transport mode and cost structuring, and value chain analysis.
  • The study also includes supply chain trends, including elaborate descriptions of the latest technological development

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