Reports - Food Amino Acids Market
Food Amino Acids Market Size, Share & Trends Analysis Report by Type (Glutamic Acid, Lysine, Tryptophan, Methionine, Phenylalanine, Others) by Application (Infant Formula, Nutraceuticals & Dietary Supplements, Food Fortification, Convenience Food, Others) by Source (Plant-Based, Animal-Based, Synthetic) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2017 - 2022) & Forecast (2023 - 2030)
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USD 9.1 Billion
USD 21.2 Billion
8.00%
Asia Pacific
38.5%
Europe
USD 3.50 Billion
The global
Food Amino Acids Market
USD 9.1 Billion in 2022
USD 21.2 Billion by 2030
8.00%
Premium Insights
The Food Amino Acids market is driven by the rising demand for amino acids as functional foods and the expanding use of glutamic acid as a taste enhancer in a variety of foods and beverages. Amino acids have a wide range of uses, from flavor development and preservation to serving as a nutrient or building block of protein to speciality substances like aspartame. These uses are anticipated to drive the industry. For improved performance during sports and physical activities, manufacturers are offering new products with vital amino acids. For instance, Ajinomotos aminoVITAL is a cutting-edge sports nutrition product based on a special combination of plant-based amino acids that enhances athletes' peak performance. By employing amino acids to support cellular-level muscle recovery and repair, aminoVITAL products are specifically designed to help athletes improve their power, stamina, and recovery, which results in an immediate boost in energy and focus.
Economic Insights
The Food Amino Acids has grown significantly. The demand for plant-based amino acids, which is predicted to account for roughly 45% of the market share by 2025 due to growing awareness of their health advantages, is one of the main drivers of this expansion. Due to its sizable and quickly expanding population, rising disposable incomes, and government assistance, Asia Pacific also dominates the market, accounting for significant market share. However, other elements that might affect profit margins and pricing tactics within a sector, such as shifting raw material costs and environmental issues, also have an impact on economic dynamics.
Top Market Trends
Increasing demand for functional foods and beverages:
Market Segmentation
Food Amino Acids {{Segmentation_Ext}}
Based on Type
Glutamic Acid holds the largest share
The Food Amino Acids market is expected to be dominated by the glutamic acid segment because it performs a dual function as a natural taste enhancer frequently used in food and beverages as well as a non-essential amino acid because the body can generate it. It is a common ingredient in the culinary world due to its wide availability and affordability, where it plays a crucial role in enhancing the flavor of numerous foods and beverages.
Based on
Application
Nutraceuticals & Dietary Supplements
will dominate the market during Forecast Period
The nutraceuticals and dietary supplements segment is anticipated to dominate the Food Amino Acids market. This is because amino acids are increasingly in demand as functional components of nutraceuticals and dietary supplements. Nutraceuticals and dietary supplements that contain amino acids can help with immunological function, weight loss, and a number of other health issues.
Based on Source
Plant-Based will account for largest market share
In terms of source, Plant-Based are anticipated to hold the greatest market share for Food Amino Acids due to rise in response to the growing desire for plant-based diets, which is being fueled by worries about animal welfare, environmental sustainability, and individual health. Plant-based amino acid sources, such as soybeans, wheat, corn, and peas, are more widely available and less expensive than animal-derived alternatives, making them a desirable option. Significant technological developments in the manufacture of plant-based amino acids have resulted in goods that are purer and more reliable, increasing their appeal to discerning consumers.
Based on Region
Asia Pacific will lead the market
Asia Pacific is expected to dominate the market for Food Amino Acids due to the region has the largest and fastest-growing population in the world, which increases demand for food and drink and, as a result, increases the demand for food amino acids. Consumer demand in Asia Pacific is anticipated to be stimulated by a growing knowledge of the numerous health benefits associated with amino acids, including their critical roles in tissue repair, immune system strengthening, and metabolic control. Growing levels of disposable income in the region are encouraging consumers to spend more money on upscale goods, particularly those that are fortified with food amino acids.
Competitive Landscape
The global Food Amino Acids market is fragmented, including a diverse array of the presence of several key players, players are continually focused on expanding their product portfolios and enhancing production technologies. They often engage in strategic collaborations, mergers, and acquisitions to strengthen their global presence and diversify their offerings. Additionally, there is a growing emphasis on research and development to create novel amino acid formulations and cater to evolving consumer demands, such as the rising interest in plant-based and clean-label products.
The players in the global Food Amino Acids market include Sonoco Products Company, Cryopak Europe, Pelican BioThermal, Cold & Co, ACH Foam Technologies Inc., Saeplast, AccsA’tech, Insulated Products Corporation, TKT GmbH, Snyder Industries, Envirotainer AB among others.
Recent Market Developments
2022:
Segmentation of the Global Food Amino Acids Market
Source: www.vantagemarketresearch.com
Parameter | Details |
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Type | By Type
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Application | By Application
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Source | By Source
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Region | By Region
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Base Year
2023
Historic Year
2018 - 2022
Forecast Year
2023 - 2032
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