The Global Amino Acid Market is projected to grow a faster rate due to the rising awareness for personal health, and increasing consumption of dietary fibres & meat. Amino acids are organic nutrients found in food products and in the human body in the form of building blocks of proteins or free amino acids. Twenty one amino acids are used to form proteins in human bodies and are categorized into essential amino acids, conditionally essential amino acids, and nonessential amino acids. Amino acids are responsible for performing bodily functions such as maintaining cell structure, transporting and storing nutrients, managing efficient functioning of organs, glands, tendons and arteries, healing wounds and repairing tissue, and removing waste deposits produced during metabolism. Lack of proper supply of amino acids can cause hair loss, skin problems, weight issues, sleep disorders, arthritis, diabetes, and cardiovascular imbalance among others. Amino acids are used in animal feed, food and dietary supplements, and pharmaceutical.
The increasing geriatric population and rising health concerns drive the growth of the global Amino Acids market. There has been increasing awareness among consumers regarding the requirements of amino acids for efficient functioning of bodily functions, which supplement the growth of the market. Increasing consumption of dietary supplements, and growing meat consumption across the world also accelerate the Amino Acids market growth. Other factors driving the market include improving lifestyles, and increasing disposable income, especially in the emerging economies of Asia-Pacific. Growing demand from emerging economies, increasing consumer awareness, rising use of amino acids in animal feed, and increasing concerns regarding preventive healthcare are factors expected to provide numerous growth opportunities in the coming years.
The global Amino Acids market is segmented on the basis of source, type, application, and geography.
Geographically, the global Amino Acids market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
On the basis of geography, Asia-Pacific is expected to dominate the global Amino Acids market over forecast period. The rising geriatric population in the region, and increasing disposable income drive the Amino Acids market growth. The increasing demand of health products in the region along with increasing awareness regarding benefits of amino acids further support Amino Acids market growth. The increasing demand of amino acids for animal feed and growing demand for healthy livestock is expected to accelerate the adoption of amino acids during the forecast period. The increasing meat consumption in the region along with presence of numerous local players catering to the growing consumer needs has increased the adoption of amino acids in the region.
Key players in the global Amino Acids market are: