Amino Acids Market Size, Share, Opportunities, And Trends By Source (Plant, Animal), By Application (Food And Beverages, Dietary Supplements, Pharmaceuticals, Others), By Type (Glutamine, Lysine, Methionine, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Sep 2023
  • Report Code : KSI061613957
  • Pages : 142

The amino acids market is estimated to grow at a CAGR of 4.92% to reach US$26.741 billion in 2028 from US$19.106 billion in 2021.

Amino acid is used in synthesizing body protein and other necessary nitrogen-containing compounds, which are majorly used in dietary supplements and other protein-rich food products.

The growth in the amino acid market can be attributed to rising consumer spending power and improved public knowledge of healthy living and preventative care. Amino acids are utilized in dietary supplements to lessen tiredness and muscle aches, and the risk of cardiovascular illnesses. Additionally, they are becoming more well-liked in nutritional sports supplements. For muscle building, many athletes opt to take amino acid-based supplements in the form of pills, powders, and beverages.

Increasing usage of these acids in sports nutrition and product innovations is fuelling market growth. 

Products for sports nutrition are becoming popular, especially among athletes and anyone who engages in strenuous physical activity. One of the main factors driving the expansion of the sports nutrition business, which promotes the use of amino acids in the sector, is the increasing emphasis on maintaining health and fitness. Other important factors include the expanding involvement in sports, health clubs, sports clubs, and gyms. Dietary supplements are a common practice among athletes who regularly train. One of the most well-liked dietary supplements sold to athletes and anyone who are physically active is protein. Amino acids improve performance in several ways, including boosting the release of anabolic hormones, altering how fuel is used when exercising, avoiding the negative consequences of overtraining, and minimizing mental tiredness.

Opportunities for the expansion of food amino acids have been created by the growing trend of including protein in a regular diet. Additionally, in 2021, an ingredient producer - Ulrick & Short, expanded their protein selection to enable meals to have complete amino acid profiles in addition to fortification. The rising popularity of international athletic events has also raised awareness of the physiological effects of amino acids (BCAAs) on muscles, which may present a business opportunity for producers of amino acid ingredients. Similarly, various companies in the market target and position their goods for amateur and professional athletes based on the physiological effects of amino acids.

Product launches and focus on healthy lifestyle is also contributing to the amino acids market growth.

The amino acid market, by geography, is segmented into North America, South America, Europe, Middle East and Africa, and Asia Pacific. The well-established food & beverage sector and new product launches of amino are driving the APAC market growth. By country, the Asia Pacific amino acid market is divided into China, India, Japan, South Korea, Indonesia, Thailand, Taiwan, and others. The growing health awareness in China is expected to boost the demand for amino acids. For instance, according to the data provided by the General Administration of Sport of China, in 2022, 67.5% of people aged seven years and above participated in fitness activities at least once a week, which signified an increase of 18.5% in comparison to 2014. Besides growing fitness activities and feed production, market activities such as product launches also act as an additional driving factor for amino acid market growth in China. For instance, in December 2021, Bayer launched "Ambition®" in China, the company's first innovative amino acid biostimulant that would enable farmers to achieve higher harvest yields.

Market Developments:

  • In June 2021, Ajinomoto released aminoVITAL, a cutting-edge sports nutrition product based on a special combination of plant-based amino acids that enhances athletes' peak performance. By using 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.
  • In July 2021, Ajinomoto launched an amino acid supplement validated by a clinical investigation and an RCT to reduce the risk of cognitive decline in healthy middle-aged and older adults who are suffering memory loss. Additionally, in October 2021, a pure beta-lactoglobulin (BLG) component called Lacprodan BLG-100 was introduced by Arla Foods Ingredients. Compared to commercially available whey protein isolates, the component has 45% more leucine, the key amino acid for muscle growth.
  • In January 2022, Bayer AG launched Ambition, China's first-ever amino acids biostimulant. Ambition promotes the growth of plants and boosts photosynthesis. Ambition assists crops in reaching their greatest potential by enhancing plant defenses, managing nutrient efficiency, and improving crop yield.
  • In April 2021, FlavorNrich Master C was officially launched. This is the first naturally occurring cysteine in the world, meeting customer demand for transparent, plant-based flavoring components. It has made it easier for the company to broaden its product line.

Amino Acids Market Scope:

 

Report Metric Details
Market Size Value in 2021 US$19.106 billion
Market Size Value in 2028 US$26.741 billion
Growth Rate CAGR of 4.92% from 2021 to 2028
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered Source, Application, Type, and Geography
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered Ajinomoto Co., Inc., AMINO GmbH, ANGUS Chemical Company, Spectrum Chemical Mfg. Corp, Kemin Industries, ADM, KYOWA HAKKO BIO CO., LTD., Bill Barr & Company, Evonik Industries AG, Suntran Industrial Group Ltd.
Customization Scope Free report customization with purchase

 

Market Segmentation:

  • By Source
    • Plant
    • Animal
  • By Application
    • Food and Beverages
    • Pharmaceuticals
    • Animal Feed
  • By Type
    • Glutamine
    • Lysine
    • Methionine
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • France
      • Spain
      • Italy
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others
 

Frequently Asked Questions (FAQs)

Amino Acids Market was valued at US$19.106 billion in 2021.
The global amino acids market is estimated to grow at a CAGR of 4.92% over the forecast period.
The amino acid market growth can be attributed to rising consumer spending power and improved public knowledge of healthy living and preventative care.
The amino acids market is estimated to reach a market size of US$26.741 billion in 2028.
The Asia Pacific region is anticipated to hold a significant share of the amino acids market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Sources

2.3. Research Design

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. AMINO ACIDS MARKET BY SOURCE

5.1. Introduction

5.2. Plant

5.3. Animal

6. AMINO ACIDS MARKET BY APPLICATION

6.1. Introduction

6.2. Food and Beverages

6.3. Pharmaceuticals 

6.4. Animal Feed

7. AMINO ACIDS MARKET BY TYPE

7.1. Introduction

7.2. Glutamine

7.3. Lysine

7.4. Methionine 

7.5. Others

8. AMINO ACIDS MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Source

8.2.2. By Application

8.2.3. By Type

8.2.4. By Country

8.2.4.1. USA

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By Source

8.3.2. By Application

8.3.3. By Type

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By Source

8.4.2. By Application

8.4.3. By Type

8.4.4. By Country

8.4.4.1. United Kingdom

8.4.4.2. Germany

8.4.4.3. France

8.4.4.4. Spain

8.4.4.5. Italy

8.4.4.6. Others

8.5. Middle East and Africa

8.5.1. By Source

8.5.2. By Application

8.5.3. By Type

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. UAE

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Source

8.6.2. By Application

8.6.3. By Type

8.6.4. By Country

8.6.4.1. China

8.6.4.2. Japan

8.6.4.3. India

8.6.4.4. South Korea

8.6.4.5. Taiwan

8.6.4.6. Thailand 

8.6.4.7. Indonesia

8.6.4.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

10.1. Ajinomoto Co., Inc.

10.2. AMINO GmbH

10.3. ANGUS Chemical Company

10.4. Spectrum Chemical Mfg. Corp

10.5. Kemin Industries

10.6. ADM

10.7. KYOWA HAKKO BIO CO.,LTD.

10.8. Bill Barr & Company

10.9. Evonik Industries AG

10.10. Suntran Industrial Group Ltd.


Ajinomoto Co., Inc.

AMINO GmbH

ANGUS Chemical Company

Spectrum Chemical Mfg. Corp

Kemin Industries

ADM

KYOWA HAKKO BIO CO.,LTD.

Bill Barr & Company

Evonik Industries AG

Suntran Industrial Group Ltd.