Amino acids are building blocks of protein and have important applications in pharmaceutical, cosmetic, and food & beverage industries. They support overall health and contribute to improved muscle mass, recovery from exercise, and various metabolic functions in the human body. With rising consumer awareness about health, wellness, and performance nutrition, demand for nutritional products containing amino acids has increased significantly.
The global Amino Acid Market is estimated to be valued at US$ 31.57 Bn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing demand for nutritional products has accelerated growth of the amino acid market over the recent years. Consumers are increasingly consuming protein supplements, sports nutrition products and functional foods & beverages containing amino acids to gain various health and performance benefits. Various types of amino acids such as lysine, methionine, threonine, and tryptophan find wide applications in these products due to their protein-building and metabolic functions. Leading manufacturers are investing in new product development and marketing campaigns targeting the health-conscious demographic, which is anticipated to further drive the demand for amino acids in the coming years.
Segment Analysis
The global Amino Acid Market Demand is dominated by the glutamic acid sub-segment, owing to its wide range of uses in food & beverages as a flavour enhancer. Glutamic acid accounted for nearly 25% share of the overall market in 2024.
Key Takeaways
The global Amino Acid market is expected to witness high growth over the forecast period of 2024 to 2031, expanding at a CAGR of 4.5% .
Regional analysis: Asia Pacific is the fastest growing as well as the dominant regional market for amino acids. Countries like China, India and Japan are the major consumers of amino acids in the region. This can be attributed to the growing food & beverages industry and increasing demand for nutraceuticals in the Asia Pacific region.
Key players operating in the Amino Acid market are ADM (U.S.), Olam International Limited (Singapore), Ajinomoto Co., Inc. (Japan), Kyowa Hakko Kirin Group (Japan), Evonik (Germany), and CJ CheilJedang (South Korea). ADM and Ajinomoto dominate the glutamic acid sub-segment, while other players like Evonik and Kyowa Hakko Kirin mostly operate in the lysine sub-segment.
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