Global Food Amino Acids Market Information- By Source (Natural (Plants and Animals) and Synthetic), By Type (Glutamic Acid, Valine, Tryptophan, Leucine, Methionine, Phenylalanine, Lysine, Others), By Application (Food Additives, Dietary Supplements, Nutraceuticals, Infant Food Formula, Pharmaceuticals, Others) and By Region Forecast to 2023 —
The Global Food Amino Acids Market is growing with the rapid pace; mainly due to the rising Food Industry. According to a recent study report published by the Market Research Future, The global market of Food Amino Acids is booming and expected to gain prominence over the forecast period. The global Food Amino Acids market is projected to accrual to a voluminous growth by 2023, at a staggering CAGR between 2017 and 2023.
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Increasing demands for innovative food products with high nutritional value has a major impact on the Food Amino Acids market. The high demand for processed food products is influencing the growth of Food Amino Acids market as a key ingredient. The developing technologies in the food sector has helped in fuelling up the market share of the product. Shift in the consumption pattern backed up by raising health consciousness amongst the consumers has led to the growing share of food amino acids globally.
The plant based food amino acids from the natural source segment is calculated to increase at higher rate based on raising consumer’s preference towards products obtained from natural sources. Based on the types of food amino acids, the share held by glutamic acid is found to escalate due to the wide application of the product as a flavour enhancer. The application of food amino acids as nutraceuticals holds a major and prominent share followed by dietary supplements.
Studies have shown that the best way to get all the essential amino acids not made by the humans is to eat animal protein. Meat, eggs, and dairy are the most common sources of these important building blocks. Amino acids make up 75% of the human body, and are vital to every part of human function. One of the most talked about properties of amino acids is how it can assist in muscle building. Amino acids are boasted as the key ingredients in many body-building supplements, though the degree of success they achieve in that form is debatable. Careful attention to amino acids isn't just for people who want to build muscle. Different studies have linked amino acid balances with fighting everything from depression to Fibromyalgia.
Amino Acid is gaining traction owing to the wide range of applications. Amino Acid has found numerous application such as Active Pharmaceutical Ingredients (APIs), Medical Foods / Medical Nutrition, Dietary Supplement / Health Foods / Functional Foods & Beverages, Cosmetics and Culture Medium.
Recently, pharmaceutical products research and manufacture using cell culture process have become very popular. Amino Acids are essential components of cell culture medium. Amino Acids are considered to be indispensable to cell growth and production of antibodies and proteins.
Food Amino Acids Global Market - Competitive Analysis
Players operating in the global Food Amino Acids markets are focusing upon optimized situational awareness for commercial and residential customers and ensure their mission success. The Market appears to be highly competitive and diversified with the presence of large number of players having global presence. To gain the competitive edge and to sustain in the market, these players are heavily investing in R&D, global expansion, advanced technologies and product Launch. Players compete against each other based on factors such as the product quality, reliability, and cost. Marketers are tapping the growing markets for expansions.
The major key players in Food Amino Acids market are
• Ajinomoto Co., Inc. (Japan)
• Archer Daniels Midland Company (U.S.)
• Prinova Group LLC (U.S.)
• Brenntag AG (Germany)
• CJ Cheil Jedang (South Korea)
• Kyowa Hakko Kirin Co., Ltd (Japan)
• Evonik Industries (Germany)
• Sumitomo Chemical Co., Ltd (Japan)
• Sigma-Aldrich Corporation (U.S.)
• Amino GmbH (Germany)
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Food Amino Acids Global Market – Segments
The Food Amino Acids Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Types : Comprises Glutamic Acid, Valine, Tryptophan, Leucine, Methionine, Phenylalanine, Lysine, and Other.
Segmentation By Source : Comprises Natural (Plants and Animals) and Synthetic and other.
Segmentation By Application : Comprises Food Additives, Dietary Supplements, Nutraceuticals, Infant Food Formula, Pharmaceuticals, and other.
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
The natural-sourced food amino acid is found to hold a major share due to high consumer’s preference for natural food products.
Glutamic Acid holds a lion’s share based on the wide application in food sector.
The Nutraceutical segment is growing at a higher growth rate.
Application of the product as a food additive is evaluated to grow at a steady rate
Top five exporters of Food Amino Acids include Germany, Japan, China, Netherlands and U.S.
The report for Global Food Amino Acids Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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Food Amino Acids Global Market – Regional Analysis
The Global Food Amino Acids Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Asia-Pacific region has the major market share followed by North America. Developing economy has led to changing consumer’s preference and has made consumers more health conscious due to which Asia-Pacific is projected to generate a high revenue during the given forecast period. The Major importers of Food Amino Acids include China, Netherlands, Belgium, Indonesia and U.S. Based on the increasing consumption of processed and convenience food, the import and export in the developed countries is found to raise at a steady growth rate.
Name: Akash Anand
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