Global Amino Acids Market | Industry Analysis, Growth, Trends, And Forecast Report 2023

Global Amino Acids Market Fostered by the Consumption of Protein-Rich Food Products

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Global Amino Acids Market Fostered by the Consumption of Protein-Rich Food Products Proteins are made up of hundreds or thousands of smaller units known as amino acids which are linked to each other by peptide bonds. Amino acids are the building blocks of life and form an important part of both animal and human nutrition. They perform various vital functions in the body such as boosting immunity, controlling blood sugar level, improving muscle strength, treating rectal and tinnitus diseases, and fighting cancer and arthritis. According to IMARC Group, the global amino acids market reached a volume of 8.5 Million Tons in 2017. Further, the market is expected to reach a volume of 11 Million Tons in 2023, registering a CAGR of 4.8% during 2018-2023.

Currently, glutamic acid is the most popular type of amino acid, accounting for the majority of the total market share. It is used as a protein supplement in health drinks and powders, and in the food and beverage industry owing to its pH regulatory and flavour enhancing properties. Other types of amino acids include lysine and methionine. Lysine is used in supplements to maintain overall health, and for treating cold sores as both oral and topical applications. It is also used in animal feed and various pharmaceutical products.

Methionine, on the other hand, is widely used in animal feed and dietary supplements for poultry and livestock.

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Plant-Based Amino Acids Dominate the Market Plant-based amino acids, mainly derived from legumes, whole grains, nuts and seeds, account for the largest share in the global amino acids market. The surging demand for organic food products has led to a strong demand for plant-based proteins. Animal-based amino acids, on the other hand, are derived from dairy products, eggs, seafood, meat and poultry. They are more readily absorbed as compared to plant-based amino acids since they are similar to the amino acids found in the human body.

Major End-Use Segments ¡

Animal Feed Industry

The animal feed industry currently represents the largest end-use segment of the global amino acids market, holding the majority of the total share. Owing to the increasing consumption of meat, the demand for protein-rich animal feed is escalating worldwide so as to supplement the protein requirement of the animals.

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Food and Healthcare Industries

In the food industry, amino acids are used as an ingredient for the production of several food supplements.

They also act as a flavour enhancer and low-calorie artificial sweetener. In the healthcare industry, they are utilised in the treatment of numerous diseases ranging from many forms of cancer to human immunodeficiency virus (HIV).

Asia Pacific is the Leading Market for Amino Acids Asia Pacific dominates the amino acids market, accounting for the majority of the global share. This can be attributed to the rising per-capita income of the consumers along with growing consumption of protein-rich foods, particularly in India and China. Other major regions include North America, Europe, Latin America and Middle East and Africa. Based on the import and export data, the Unites States is the leading importer, whereas, China is the largest exporter of amino acids.

The global amino acids market is fragmented in nature with the presence of a number of small and large manufacturers. Some of the key players operating in the market include Amino, Ajinomoto, Cargill, Archer Daniels Midland and CJ CheilJedang.

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