Amino Acids Market Share, Growth and Business Opportunity 2023-2028

According to the latest report by IMARC Group, titled “Amino Acids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the amino acids market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global amino acids market size reached 10.8 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 14.3 Million Tons by 2028, exhibiting a growth rate (CAGR) of 4.59% during 2023-2028.

Amino Acids Market Overview:

Amino acids are organic compounds that are composed of amine and carboxylic acid functional groups. They are the building blocks of proteins, which are the essential molecules of life. They are classified as essential or nonessential which is based on their capability of being synthesized in the human body or obtained from dietary sources. Additionally, they are significant components of enzymes and hormones that help to regulate water balance, are necessary for proper immune system functioning, and are involved in the synthesis of neurotransmitters. Some of the common dietary sources of amino acids include meat, poultry, fish, eggs, dairy products, legumes, nuts, and seeds.

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Global Amino Acids Market Trends:?

The global market is majorly driven by the growing health consciousness among the masses. This is encouraging leading manufacturers to develop products fortified with essential nutrients, thereby increasing their demand. Additionally, the rising use of amino acids as flavor enhancers, preservatives, and nutritional additives is a major driving factor for the market. In line with this, the growing consumption of supplements on account of the escalating popularity of health and wellness trends is providing a boost to the market. Coupled with this, the increasing demand for sports nutrition products among individuals is significantly supporting the market as these products are formulated with contain amino acids, which are essential for muscle growth and repair.

In addition, amino acids are used in the production of various drugs, vitamins, and supplements due to the rising prevalence of complex diseases among the masses, which is positively influencing the market. Apart from this, the widespread adoption of amino acids in the manufacturing of various personal care products, such as shampoos, conditioners, and moisturizers, is acting as a growth-inducing factor. Moreover, continuous advancements in the field of biotechnology to develop proteinogenic amino acids, which are integrated into proteins during translation, are creating a positive market outlook.

Top Companies in Amino Acids Industry:

• Amino Inc.
• Ajinomoto Group
• Cargill, Incorporated
• Archer Daniels Midland Company (ADM)
• CJ CheilJedang Corporation

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Key Market Segmentation:

Breakup by Type:

• Glutamic Acid
• Lysine
• Methionine
• Others

 Breakup by Raw Material:

• Plant Based
• Animal Based

 Breakup by Application:

• Food
• Animal Feed
• Healthcare

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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