Market Overview:
The Food Amino Acid market estimated at USD 7.18 Billion in the year 2022, is projected to reach a revised size of USD 12.90 Billion by 2030, growing at a CAGR of 7.6% over the analysis period 2023-2030.
Food amino acids are essential molecules that are utilized by all living organisms to build proteins. They are found in various sources such as meat, poultry, soy, black beans, cheese, mushrooms, peanuts, dairy products, legumes, fish, chicken, quinoa, grains, and nuts. These amino acids are not only important in the production of infant food products like powdered and liquid formula but also play a crucial role in reducing muscle breakdown, improving athletic performance, and enhancing liver function, thereby contributing to market growth. Additionally, factors like urbanization, a rising number of working women, growing birth rates, increasing demand for organic products, and rapid economic growth in developing countries are significant drivers for the growth of the food amino acids market.
Top Key Players Covered in The Food Amino Acid Market:
- Ajinomoto Co Inc (Japan)
- Kyowa Hakko Kirin Co Ltd (Japan)
- Sigma-Aldrich Co LLC (US)
- Prinova Group LLC (US)
- Daesang Corporation (Korea)
- Azelis S.A (Europe)
- Pacific Rainbow International Inc (US)
- Rochem International Inc (New York)
- Evonik Industries AG (Germany)
- Hugestone Enterprise Co Ltd (China)
- Qingdao Samin Chemical Co Ltd (China)
- Taiyo International (Germany)
- Kingchem LLC (US)
- Taiwan Amino Acids Co Ltd (China)
- Brenntag AG (Germany) and other major players.
Market Dynamics and Factors:
Amino acids consist of carbon, hydrogen, nitrogen, oxygen, and a variable side chain group, and they play a crucial role in the formation of neurotransmitters and hormones in the body. When consumed as a supplement, food amino acids are known to aid in preventing muscle loss, enhancing mood, and promoting natural weight reduction. It also helps in maintaining the ideal balance of proteins and plays a role in the production of digestive enzymes in the body. So, the wide Range of Applications in Sports Nutrition and Health Benefits drives the Food Amino Acid Market.
The increasing trend of industrialization and urbanization has led to a significant rise in lifestyle diseases, including chronic and heart diseases. As a result, there is a growing global preference for plant-based diets and food products as a means to combat these diseases. Plant-based diets offer numerous benefits in promoting overall health. They are known to boost the immune system, reduce inflammation, help maintain a healthy body weight, and lower the risk of kidney and pancreatic cancers, among other advantages. So, there is an opportunity in the Soaring Demand for Plant-based Food products.
The Food Amino Acid Market Report Highlight:
- By Type, Glutamic acid is expected to dominate the Food Amino Acid Market during the forecasted period. The growth is attributed to the surging applications of glutamic acid in enhancing flavors and nutritional supplements.
- By Application, the Dietary supplement Segment is dominating the segment in Food Amino Acid Market. This huge growth is due to the varied application of amino acids as nutraceuticals for controlling the immune response, averting oxidative stress, and keeping up natural biochemical, physiological, and homeostatic mechanisms.
- By Source, the Plant-based source is dominating the segment in Food Amino Acid Market. soybean is used for commercial development of plant-based food products due to its high consumption and large-scale production which propels the growth of this segment.
- The China region is expected to have the highest share of the Food Amino Acid market over the projected period. China has been at the forefront of electric bus adoption and manufacturing. This dominance is due to the growing economic growth in emerging countries of the Asia Pacific region such as India, South Korea, Vietnam, and other Southeast Asian nations
Key Industry Development:
In March 2023, Corteva, and Bunge partnered to develop amino acid-enhanced soybeans. The companies are developing soybean varieties with greater protein content, optimized amino acid profiles, and lower levels of anti-nutritional factors.
In January 2022, Lycored declared the launch of a new facility for processing carotenoids, amino acids, vitamins, minerals, and other food ingredients, in Branchburg, United States. This plant has new, innovative, and advanced capabilities for milling, drying, grinding, and coating.
Food Amino Acid Market Segmentation:
By Type
- Glutamic Acid
- Lysine
- Tryptophan
- Methionine
By Application
- Dietary Supplements
- Infant Formula
- Food Fortification
- Convenience Foods
By Source
- Plant-based
- Animal-based
- Synthetic
For this report, Introspective Market Research has segmented the Food Amino Acid Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
