Global Amino Acids Market by Product (L-glutamate, Tryptophan, Lysine), by Source (Plant Based, Animal Based) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global amino acids market was worth USD 21.18 Billion in 2019. It is projected to grow at 7.8% compound annual growth rate (CAGR), between 2020 and 2027. The increasing demand for amino acid from the food, pharmaceutical and nutraceutical sectors will drive this market. Because of its ability to treat muscular soreness, sprain, and mental fatigue, the product is used extensively in dietary supplements.

You can synthesize amino acids using protein hydrolysis, chemical or microbiological (biotechnological), methods. The available technology, cost of raw material, market characteristics, cost to run fermentation versus synthesis reactions and the impact on the environment will all influence the choice of method.

To produce amino acids, biotechnological methods are used extensively. Biotechnology-based production requires capital, but it is a key component in the production process of amino acids. Modern biotechnology can be used to increase production yield. Genetic and metabolic engineering can be used to improve strains. Enzyme catalysis will continue to be the preferred method of producing amino acids and their derivatives.

Industrial production of most L'amino acids is possible using the fermentation process. This process uses the fact that microorganisms can convert nutrients into various essential components. Syrups and other raw materials are added to culture media for microorganisms. This allows them to produce amino acids. The production of amino acids through fermentation is aided by enzymes.

Because of their higher amino levels and availability, plant-based raw materials like soybean, wheat, or corn are becoming more popular. Key players in the market have adopted both forward and backward integration strategies to ensure a steady supply of raw material for production. Vertical integration offers greater certainty in raw material supply, and allows for new product development from existing raw materials.

The long-term outlook is bright for product demand due to rising demand for dietary supplements and the expansion of the healthcare sector in countries like India, China, Mexico, Mexico, and the U.S. End-users are increasingly interested in lysine, and valine among other types of amino acids.

Source Insights

The largest revenue share was 85.5% for the plant-based source segment in 2019. It is expected to see the most rapid growth due to increasing consumer preference for natural sourced products. Soybean, wheat, corn and potato are the main plant sources. Because of its large consumption and high-scale production, soybean is currently used in commercial development. But soybean processing can alter the composition of amino acids, making it a concern for those who are looking to source raw material.

The global production and consumption levels of plant-based amino acid are expected to rise due to increased consumer awareness about organic and natural products. Additionally, increased awareness about animal slaughter will positively impact the demand. The lack of technology and high capital costs make it difficult to produce plant-based amino acid production.

Primarily, amino acids are extracted from animals. Pork, beef, chicken, and other animal meats are all available. You can source animal by-products from meat processors, slaughterhouses, and aquaculture farmers. JBS S.A., Tyson Foods, Inc., and Smithfield Foods are key players in meat processing. The global rise in meat consumption has fueled its production. According to the FAO report, the global meat production reached 336.4 million tonnes in 2019. This will allow for an unaffected supply of raw materials to produce amino acids.

Product Insights

L-glutamate, which accounted for 50.6% of the total revenue in 2019, was the most prominent and will likely continue to be the dominant player over the forecast period. L-glutamate (also known as l'glutamic acid) is a non-essential amino acid. It is widely used as a flavor enhancer, feed additive and intermediate in the production of organic chemicals. Monosodium glutamate (MSG) is a commercially available sodium salt of L-glutamate (NSL), which is used in food and beverage to enhance food's taste. The forecast period will see an increase in product demand due to growing animal feed penetration and increasing demand for processed foods.

The demand for lysine, an essential amino acid, has seen remarkable growth in recent years. The dietary supplement market is a moderate driver of Lysine's demand, as the human body can not synthesize it. The product is also popular as an animal feed additive.

It is used primarily for protein deposition. The amount of lysine consumed each day directly impacts animal growth performance. Modifying the feed intake capacity to adjust the dietary level of lysine can optimize animal growth, feed quality and efficiency. The forecast period will see an increase in the lysine requirement due to increased product demand from animal feed manufacturers and rising consumption of dietary supplements.

Application Insights

Food and dietary supplements had a 59.4% revenue share in 2019, and it is expected to continue its lead during the forecast period. Food processing uses amino acids as flavor enhancers and preservatives. Alanine and glycine are used frequently as flavor and taste enhancers. Monosodium glutamate, a derivative glutamic acid, can be used to enhance flavor in soups, canned vegetables, salad dressings and breads as well as carbohydrate-based snacks and ice cream. The U.S. Food and Drug Administration (FDA), regulates it as GRAS (Generally Recognized As Safe). It is a popular product in Asia and used in many food preparations.

Over the forecast period, the fastest growth is expected in the animal feed segment. Animal feeds are enriched with amino acids to enhance growth performance, reproduction, as well as meet the protein requirements of animals. Supplementing with amino acids increases feed conversion efficiency and lowers feed costs per unit weight gain. Aside from the fact that amino acid requirements vary by species, they also depend on the stage of development.

Calves require the most important amino acids, such as isoleucine and leucine. A deficiency of any one of these amino acids can slow down the growth of animals and delay their maturation. Because it doesn't contain a Urea cycle (which is responsible for synthesizing proteins), arginine is essential in the poultry growth stage. Deformation is often caused by a lack of arginine in chickens. Turkeys can also experience similar effects if they have a lysine deficit.

Cystine can be found in many beverages, such as fruit juices, as a preservative. Tryptophan is used in milk powder as a preservative. Aspartic acid and phenylalanine are combined to create aspartame. This is becoming a popular sugar substitute in many soft drink formulations.

Livestock Insights

The largest revenue share, 49.6%, was held by the poultry segment in 2019. It is expected to experience the fastest growth during the forecast period. The poultry segment includes chicken, duck, turkey and boilers. The market for poultry feed will be driven by rising demand in countries like the U.S., Russia and Mexico for boiler meat and chicken. This will lead to a higher consumption of feed additives such as amino acids such as lysine or arginine.

The demand for poultry products in these areas is driven by the growing number of fast food outlets and rising demand for processed foods in Asia Pacific and North America. This has led to an increase in poultry farming, which in turn is driving the demand of poultry feed. The recent COVID-19 epidemic has caused a global shutdown which has led to volatility in supply and availability of poultry products.

Regional Insights

Asia Pacific dominated the market in 2019, with a volume share at 50.74%. Over the forecast period, the region will experience the fastest revenue growth. This is due to higher consumer spending, growing acceptance of healthy lifestyles, and expansion in the end-use industry, such as nutraceutical and pharmaceutical, personal care and cosmetics.

The region's market growth will be aided by an increase in production of amino acids and a rise in exports to key countries like China and Japan. Amino acid are used to treat heart and liver diseases, as well as reduce muscle fatigue and break down. The rising population of developing countries like India and China has led to a high demand for amino acid in these countries.

Over the last few years, meat consumption has increased in Europe, such as Germany and the U.K. The regional market is expected to grow due to increased use of animal feed additives that contain a significant amount of amino acids such as lysine and methionine for animal growth performance. The region's growing demand for high quality meat and other meat products will also drive the market for feed additives. This, in turn, will fuel the amino acid consumption in feed industry.

The COVID-19 epidemic has severely affected the region. Additionally, several manufacturing companies have been shut down in Italy and the U.K. as these countries are most severely affected. This will have a negative impact on the regional market growth and the supply chain for feed additives.

Market Share Insights & Key Companies

The market is characterized by established players with large production capabilities. These players are now focusing on expansion and acquisition strategies in order to increase their product portfolio and meet growing end-user demand. Ajinomoto, Inc. is one of the most prominent players in this market. It recently constructed a new Brazilian facility for the production amino acids. This will cater to the growing demand from the personal care sector. The following are some of the major players in the global market for amino acids:

• Ajinomoto Co., Inc.

• KYOWA HAKKO BIO CO. LTD.

• Evonik Industries AG

• AMINO GmbH

• Taiwan Amino Acids Co. Ltd.

Up Market Research published a new report titled “Amino Acids Market research report which is segmented by Product (L-glutamate, Tryptophan, Lysine), by Source (Plant Based, Animal Based), By Players/Companies KYOWA HAKKO BIO CO LTD, Ajinomoto Co Inc,  AMINO GmbH,  Evonik Industries AG, Taiwan Amino Acids Co Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Amino Acids Market Report Segments:

The market is segmented by Product (L-glutamate, Tryptophan, Lysine), by Source (Plant Based, Animal Based).

Amino Acids Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Amino Acids Market

Overview of the regional outlook of the Amino Acids Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Amino Acids Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Amino Acids Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. L-glutamate

                2. Tryptophan

                3. Lysine

                1. Plant Based

                2. Animal Based

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Amino Acids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Amino Acids Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.