Global Food Amino Acids Market Size, Share, and Covid-19 Impact Analysis, by Application (Dietary Supplements, Infant Formula, Food Fortification, and Convenience Foods), by Type (Glutamic Acid, Lysine, Tryptophan, and Methionine), and by Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa), Analysis and Forecast 2022 – 2028
The Global Food Amino Acids Market was valued at USD 5.6 billion in 2021 and is projected to grow USD 9.2 billion in 2028, at a CAGR of 7.3%.
Amino acids are chemicals, made up of oxygen, carbon, nitrogen, hydrogen, and a variable side chain group. They are used for flavor development and in specialty compounds like aspartame. Moreover, amino acids play a vital role in maintaining and improving human health, which is propelling market growth.
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The Food Amino Acids Market is prominently driven by the increasing demand for amino acid-based dietary supplements. These supplements help to improve sports performance, mood and also help prevent muscle loss. The growing demand for supplements has led manufacturers of sports supplements to focus on developing innovative amino acid-based products.
For instance, in August 2019, Celsius Holdings, Inc., has launched an innovative branched-chain amino acids (BCAA) functional supplement that improves sports performance and boosts muscle recovery.
LATEST TRENDS
The growing demand and rising awareness about the health benefits of branched-chain amino acids supplements in fitness channels will create opportunities for the market during the forecast period. The BCAAs, namely, leucine, valine, and isoleucine, dominate the food amino acids market.
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LIST OF KEY COMPANIES PROFILED:
Ajinomoto Co. Inc. (Japan)Kyowa Hakko Kirin Co., Ltd. (Japan)Sigma-Aldrich, Co. LLC. (U.S.)Prinova Group LLC. (U.S.)Daesang Corporation (Korea)Pacific Rainbow International, Inc.Azelis S.A.Rochem International, Inc.Evonik Industries AGKEY INDUSTRY DEVELOPMENTS:
In October 2019, Kemin Industries, Inc. launched a BCAAs supplement, Kessent, containing lysine and methionine, essential amino acids for ruminant health.
These foods are some of the best sources of dietary amino acids available:
Quinoa- Quinoa is one of the most nutritious grains available today.Eggs- Eggs are an excellent source of protein, containing all of the essential amino acids.Cottage cheese.Legumes and BeansQuinoa is a super grain for good reason. It is one of the few plant foods that is high in protein and contains all 9 of the essential amino acids while also being high in fibre, magnesium, B vitamins, iron, potassium, calcium, phosphorus, and many vitamins.
Protein from animal sources, such as beef, pork, lamb, poultry, fish, shellfish, milk and cheese, contains all the 22 amino acids humans need.
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REGIONAL INSIGHTS-
The market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. North America is the largest market for Food Amino Acids Market as the major market players are highly focused on developing nutrient-enriched including amino acids, to expand their presence. For instance, In January 2020, The Coca-Cola Company. launched a ready-to-drink sports beverage containing BCAAs in the United States.
Europe is the second-largest market for the product due to increasing research and development activity in the field of Food Amino Acids. For instance, in August 2018, the Technical University of Munich (TUM) developed a novel enzymatic process for the production of a variety of essential amino acids that are used in food supplements.
The Asia-Pacific is the third-largest market for the product due to the increasing awareness and innovation activity in the product. The manufacturers are expanding their businesses to cater to the rising demand for products.
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