The global Amino Acid market had reached approximately 13.2 million tonnes in the year 2023 and is expected to grow at a CAGR of 8.2% during the forecast period until 2034.
Amino acids, serving as the fundamental building blocks of proteins, are indispensable in myriad biological processes, boasting a diverse range of applications across numerous industries. In the realm of food and nutrition, these compounds play essential roles as protein sources, especially the essential amino acids vital for muscle, tissue, and enzyme construction. Additionally, certain amino acids, such as glutamic acid present in MSG, contribute to flavour enhancement, enriching the taste profile of food products. Moreover, individual amino acids or combinations thereof are utilized as nutritional supplements to address specific dietary requirements, enhance athletic performance, or manage various health conditions. In the pharmaceutical and healthcare sectors, amino acids serve as crucial components in drug development, acting as building blocks for synthesizing medications targeting a wide array of medical ailments. Furthermore, specific amino acids like L-DOPA and L-arginine exhibit therapeutic properties, used in treating conditions like Parkinson's disease and wound healing, respectively. In agriculture and animal feed industries, essential amino acids are incorporated into feed formulations to optimize animal growth, development, and overall health. Moreover, certain amino acids, such as glycine and proline, serve as plant growth regulators or stress-mitigating agents, contributing to agricultural productivity and resilience. Lastly, in industrial applications, amino acids contribute to the production of biodegradable bioplastics, feature prominently in cosmetics and personal care products for their moisturizing and conditioning properties, and serve as starting materials for synthesizing various industrial chemicals.
There are different types of Amino Acids: Essential and Non-Essential Amino Acids. In 2023, the market was predominantly led by the non-essential type segment, accounting for 52% of the share. This dominance stems from the widespread utilization of non-essential amino acids in animal feed formulations, aimed at achieving a well-rounded nutritional profile for animals. Nutritionists specializing in animal nutrition carefully craft diets tailored to meet the animals' specific nutrient requirements, including their protein intake.
The food and beverage sector serves as a significant driver of economic growth, with notable expansion observed globally in recent years. The food and beverage sector emerged as the market leader in 2023, commanding a 32% of the share. Amino acids play a pivotal role in enhancing the nutritional content of food items. For instance, lysine and methionine find application in bread and soy products, respectively, augmenting their nutritional profile. The projected growth of the segment is fueled by the escalating demand for functional and nutritious food offerings in the foreseeable future. Furthermore, amino acids are extensively utilized in the nutraceutical industry as dietary supplements to alleviate muscle fatigue, muscle soreness, and to support cardiovascular health. Additionally, the growing recognition of amino acids' health benefits in dietary supplements, including their role in strengthening the musculoskeletal system, regulating digestion, managing body weight, boosting the immune system, promoting healthy sleep patterns, and more, is driving up the demand for amino acid supplements. This surge in consumer demand, aimed at achieving desired lifestyles, is prompting manufacturers to introduce new products into the market. Amino acids are utilized in animal nutrition supplements to enhance animal health and productivity, thereby driving the demand for these compounds. The global Amino Acid is anticipated to expand and reach approximately 31.4 million tonnes by 2034.
Based on demand across the globe, Asia Pacific is the biggest consumer of Amino Acid and is likely to register growth at the highest rate among other regions. Firstly, the region's large population, particularly in countries like China and India, contributes significantly to the demand for dietary supplements and functional foods containing amino acids. Additionally, the rapid urbanization and rising disposable incomes in many Asia Pacific countries have led to increased awareness about health and wellness, driving the demand for amino acid-based products. Furthermore, the expansion of the animal husbandry and aquaculture industries in the region has boosted the use of amino acids in animal feed formulations to enhance animal health and productivity. Overall, these demographic, economic, and industrial trends contribute to the Asia Pacific region's prominence as the largest consumer of amino acids globally.
Based on end-uses, the global Amino Acid market is segregated into Food & Dietary Supplements, Pharmaceuticals, Personal Care & Cosmetics, Animal Feed, and Others. Although, the Food & Dietary Supplements industry is the dominating as a consumer industry for Amino Acid market. This industry held about 52% of the market in 2023.
Major players in the production of Global Amino Acid are Adisseo, ADM, Ajinomoto Co., Inc., AMINO GmbH, Bill Barr & Company, BI Nutraceuticals, Blue Star Corp., CJ CheilJedang Corp., DAESANG, DSM, Donboo Amino Acid Co., Ltd., Evonik Industries AG, Fermentis Life Sciences, Global Bio-chem Technology Group Company Limited, IRIS BIOTECH GmbH, KYOWA HAKKO BIO CO., LTD., Novus International, PACIFIC RAINBOW INTERNATIONAL, INC., Sichuan Tongsheng Amino Acid Co., Ltd., Taiwan Amino Acid Co., Ltd., and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Amino Acid which covers production, demand and supply of Amino Acid market in the globe.
• To analyse and forecast the market size of Amino Acid
• To classify and forecast Global Amino Acid market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Amino Acid market in the globe.
To extract data for Global Amino Acid market, primary research surveys were conducted with Amino Acid manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Amino Acid market over the coming years.
ChemAnalyst calculated Amino Acid demand across the globe by analyzing the volume of Amino Acid consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Amino Acid manufacturers and other stakeholders
• Organizations, forums and alliances related to Amino Acid distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Amino Acid s manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Amino Acid s market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
13.2 million tonnes
Market size Volume by 2034
31.4 million tonnes
Growth Rate
CAGR of 8.2% from 2024 to 2034
Base year
2023
Estimated year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in million tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity By Company, Capacity by Location, Production by Company, Demand by End- Use, Demand by Type, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade, Manufacturing Process.
Segments covered
By End-Use: (Food & Dietary Supplements, Pharmaceuticals, Personal Care & Cosmetics, Animal Feed, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Amino Acid market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Amino Acid.
3. Capacity By Location
To better understand the regional supply of Amino Acid by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Amino Acid by the leading players and forecast how it will grow in the coming years.
6. Demand by Type
Learn about the various types of Amino Acid- Essential and Non-Essential Amino Acids, and their demands. It will allow you to choose which type to concentrate on when designing your strategy.
7. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Food & Dietary Supplements, Pharmaceuticals, Personal Care & Cosmetics, Animal Feed, and Others) are creating a market and the forecast for the growth of the Amino Acid market.
8. Demand by Region
Analyzing the change in demand of Amino Acid in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
9. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Amino Acid. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
10. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Amino Acid.
11. Company Share
Figure out what proportion of the market share of Amino Acid is currently held by leading players across the globe.
12. Country-wise Export
Get details about quantity of Amino Acid exported by major countries.
13. Country-wise Import
Get details about quantity of Amino Acid imported by major countries.
14. Manufacturing Process
Discover insights into the intricate manufacturing process of Amino Acid.
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supply of the product in the market at a Global level.
Which region is leading as a consumer of the global Amino Acid market?
Ans:
Asia Pacific is the largest consumer of the global Amino Acid market.
Q2.
Which end-use industry is dominating the Global Amino Acid market?
Ans:
The Food & Beverages industry is dominating the Amino Acid market with a market share of about 52% in 2023.
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