The global amino acid market reaches 43.2 billion U.S. dollars

2021-11-16 07:57:05 By : Ms. Kelly Nee

November 8, 2021 11:15 EST | Source: Validated Market Research Validated Market Research

Boonton, New Jersey, U.S.

Jersey City, New Jersey, November 8, 2021 (GLOBE NEWSWIRE) - Verified market research recently released a report, "Amino Acid Market" by product (lysine, L-glutamic acid, methionine), By raw material (plant-based and animal-based), by application (animal feed, medicine, personal care), and by geography. According to the data of Verified Market Research, the global amino acid market will be worth 24.15 billion U.S. dollars in 2020 and is expected to reach 43.20 billion U.S. dollars by 2028, with a compound annual growth rate of 7.95% from 2021 to 2028.

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Global amino acid market overview

Due to its wide range of benefits, amino acids are rapidly gaining popularity in the pharmaceutical industry. Many amino acids are used in dietary supplements to help treat certain diseases and diseases. For example, tryptophan is used to treat sleep disorders, depression, hyperactivity, phenylketonuria, narcolepsy, and chronic fatigue syndrome. In addition, for patients with digestive system defects or inflammatory bowel disease, a diet consisting of all amino acids, carbohydrates and vitamins is recommended.

As people's awareness of adopting a healthy lifestyle and the incidence of personal diseases increase, the demand for pharmaceutical products has increased, thus driving the growth of the industry. This is expected to have a positive impact on the inclusion of amino acids in pharmaceutical products during the forecast period.

As consumers' awareness of dietary supplements continues to increase, the increase in amino acid consumption is the main factor promoting the growth of the amino acid market. In addition, the growing demand for fresh and exotic plants and animals as sources of amino acids has promoted the growth of the amino acid market. People are paying more and more attention to health and want to live a healthy lifestyle, so they are looking for healthier foods and dietary supplements. This is another major factor driving the growth of the amino acid market.

In addition, the availability of ready-made health tools and various beverage options containing amino acid sources is driving the growth of the amino acid market. In addition, the constant demand for the nutritional value of products such as minerals and calcium has resulted in a variety of products on the market, which has accelerated the growth of the amino acid market. The increase in international sporting events and increasing attention to the physiological role of amino acids in muscle growth are driving the growth of the amino acid market.

The main players in the market are Ajinomoto Co., Inc., Evonik Industries AG, Adisseo, Kemin Industries, Inc. and ADM.

Validated market research segments the global amino acid market based on products, raw materials, applications, and geographic location.

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