The global food amino acids market size is set to exhibit progressive growth owing to the surging demand for dietary supplements worldwide. This information is published by Fortune Business Insights™ in an upcoming study, titled, “Food Amino Acids Market, 2019-2026.” Various types of amino acids help the human body fight several diseases. For instance, tryptophan supplements are used for chronic fatigue syndrome, sleep disorders, and depression.
A List of Key Manufacturers Operating In the Food Amino Acids Market Report:
- Ajinomoto Co., Inc.
- Kyowa Hakko Bio Co. Ltd.
- Pacific Rainbow International, Inc.
- Azelis S.A.
- Rochem International, Inc.
- Prinova Group LLC
- Daesang Corporation
- Sigma-Aldrich, Inc.
- Evonik Industries AG
We have categorized the market on the basis of type, application, and geography. In terms of type, the market is divided into valine, leucine, isoleucine, tryptophan, arginine, lysine, methionine, citrulline, and others. Based on application, it is fragmented into dietary supplements, functional foods, functional beverages, infant foods, and other non-food applications. Lastly, on the basis of geography, it is segmented into North America, Europe, South America, Asia Pacific, and the Middle East and Africa.
Highlights of the Report:
The report provides a detailed analysis of the key market aspects, including dominant companies, end-users, and leading product types. Apart from this, the report incorporates tangible insights into the current and upcoming market trends and highlights prominent industry developments. In addition to these factors, the report supplies a holistic understanding of the main drivers, restraints, and segments that are contributing to the growth of the market.
Drivers and Restraints-
Increasing demand for Dietary Supplements to Drive Growth
The increasing adoption of dietary supplements among the global population is projected to boost the growth of the global food amino acids market. The rising demand is primarily attributed to the rising population of fitness enthusiasts, who prefer sports nutrition for improved performance. For instance, according to Statista, The global sports nutrition market is anticipated to reach 81.5 billion U.S. dollars by 2023. In addition, the Prevailing consumption of functional food supplements to help with certain medical conditions and disorders is predicted to propel the demand for food amino acids.
Major Segments includes:
By Product Type
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Infant Foods
- Other Non-food Applications (Animal feed, Pharmaceuticals, Cosmetics)
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Rising Applications in food and beverage industry to Boost demand in Europe
The food amino acids market in Europe is set to witness robust growth during the forecast period. The rising demand for amino acids from the food and beverage industry for the development of nutritious products is predicted to bolster its demand in the region. In addition, the increasing research and innovation activities to develop new product options made from amino acids in European countries are expected to further strengthen growth. For instance, in August 2018, the Technical University of Munich developed a novel enzymatic process for the production of a variety of essential amino acids that are used in food supplements.
The market in Asia Pacific is projected to showcase progressive growth owing to the increasing demand for fortified foods amid the prevalence of nutrient deficiencies in the region.
Introducing Amino Acid-based Products to Aid Key Players Gain Customer base
Key manufacturers operating in the global food amino acids market are focusing on developing amino acid-based products to meet the growing demand from fitness channels. This will help them gain a new customer base. For instance, in August 2019, Celsius Holdings Ltd. expanded its product portfolio with the launch of an innovative Branched-chain Amino Acid (BCAA) -based functional beverage that boosts muscle recovery.
- In October 2019,Kemin Industries launched an amino acid supplement, Kessent, containing lysine and methionine, essential amino acids for ruminant health.
- In April 2017,Kyowa Hakko Bio Co. launched a new amino acid blend called Steria Performance containing amino acid L-citrulline.
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