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Amino Acids IndustryDescription
Wiseguyreports.Com Adds “Amino Acids -Market Demand, Growth, Opportunities and analysis of Top Key Player Forecast to 2021” To Its Research Database
Amino Acids Market research report analyzes the market by Type and Application at global level and for each of the geographic regions - North America, Europe, China, Asia-Pacific, Latin America and Rest of World. The Amino Acids market is segmented by Type into Glutamate, Lysine, Methionine, Branched Chain Amino Acids and Phenylalanine; and by Application into Feed Additives, Food Ingredients, and Nutraceuticals/Pharmaceutical.
The Applications of Amino Acids include Feed Additives, Food Ingredients, Nutraceutical/Pharmaceutical and Other (such as Anti-aging Therapy, Cosmetology and Research and Development). The report provides an in depth analysis of each of the types and applications by their respective categories.
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Highlights
Global Amino Acids market is projected grow at around 10% annually through 2010- 2022. Today amino acids can be taken as a supplement that is available commercially. Amino acid supplements are usually made from animal protein, vegetable protein, or yeast. While almost all amino acids can be produced in two forms - the L and D form, it is not so in the case of glycine. L and D basically refer to manner in which the amino acid is wound up. L is the left winding amino acid and D is the right winding amino acid.
Human amino acids have been found to be the L type and this is usually the preferred supplement as well. There has been a substantial increase in the demand for amino acids in the last thirty years or so. There is a steady 5-10% growth rate in the market. It is estimated that in that last ten years the market demand for amino acids has doubled. L-lysine, which is used as an additive in animal feed, has shown a sharp increase in demand. It is estimated that the global market for L-lysine has increased almost 20 times in the past twenty years. There are other amino acids that are now available in the market such as L-threonine, L-aspartate and L-phenylalanine. Specifically, L-aspartate and L-phenylalanine are used for the synthesis of a sweetener known as Aspartame. Among the amino acids available in the market, L-Glutamate is still the most popular one followed by L-lysine and D,L-methionine.
The prices of amino acids are often affected by the dynamics in the market. The increase in the efficiency of the fermentation technology can lead to the development of cheaper goods and thereby increase the overall demand. Subsequently, there is bound to be large-scale production of these products which will lower the costs even more. However, despite these trends in the market, the supply of amino acids such as L-lysine to be used as feed additives will compete with soybean meal which is a natural source of L-lysine. Amino acids continue to command a large market share, and continue to grow. The packaged food industry is now becoming the major user of amino acids, and the demand from society remains strong for such food supplements. Amino acids are now being used in many forms including health-food drinks, body building supplements, and even nutrients in the intravenous feeding and maintenance products.
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Key Players
Adisseo France S.A.S. (France)
Ajinomoto Co., Inc. (Japan)
Archer Daniels Midland Company (USA)
CJ CheilJedang Corporation (South Korea)
Daesang Corporation (South Korea)
Evonik Industries AG (Germany)
Global Biochem Technology Group Co., Ltd. (Hong Kong)
Kyowa Hakko Bio Co., Ltd. (Japan)
Novus International, Inc. (USA)
Sekisui Medical Co., Ltd. (Japan)
Vedan (Vietnam) Enterprise Corp., Ltd. (Vietnam)
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