Essential Amino Acids Is Fastest Growing Segment Fueling The Growth Of Amino Acid Market

https://www.coherentmarketinsights.com/market-insight/amino-acid-market-5757
Amino Acid Market 



Market Overview:

Amino acids are the building blocks of proteins. They help in muscle building, weight loss, boosting athletic performance and immune function. Demand for essential amino acids that cannot be synthesized by the human body is growing in food & beverages, pharmaceutical and nutraceutical industries.

Market key trends:
One of the major trends driving the growth of the amino acid market is increasing consumption of nutraceuticals. Consumers are more aware about personalized nutrition and demand for supplements that promote overall well-being. Protein-rich and amino acid fortified dietary supplements are widely popular for building muscle mass, losing weight and improving metabolism. The growing elderly population also fuels the demand for supplements rich in essential amino acids that help in maintaining lean muscle mass and aids recovery from injury or surgeries.

The global Amino Acid Market Demand is estimated to be valued at US$ 27.4 Bn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Segment Analysis
The global amino acid market is segmented on the basis of product type, raw material, livestock, applications, and region. Based on product type, the market is segmented into glutamic acid, lysine, methionine, threonine, tryptophan, leucine, isoleucine, valine, glycine, serine, proline, and other types. Among these glutamic acid holds the highest share in the global market and is expected to remain dominant over the forecast period owing to its wide applications in the food additives and dietary supplements.

Key Takeaways
The global amino acid market is expected to witness high growth, exhibiting a CAGR of 8.4% over the forecast period, due to increasing demand for amino acid supplements and protein-rich diets.

Regional analysis
The Asia Pacific region dominated the global market in 2023 and is expected to remain the fastest growing region during the forecast period. China, India, Japan and South Korea are the major contributors to the growth of the amino acid market in Asia Pacific. Increased focus on nutritious and healthy diets in the region is expected to drive demand for amino acids.

Key players
Key players operating in the amino acid market are Ajinomoto Co., Inc., KYOWA HAKKO BIO CO., LTD., AMINO GmbH, Bill Barr & Company, IRIS BIOTECH GMBH, Taiwan Amino Acids Co. Ltd., BI Nutraceuticals, Sichuan Tongsheng Amino acid Co., Ltd, Wacker, Chemie AG, Adisseo, and CJ CheilJedang Corp. Ajinomoto Co., Inc. and Kyowa Hakko Bio Co. Ltd. are the leading players dominating the global amino acid market. 

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