Global Amino Acids Market Set to Hit USD 51.35 Bn by 2030, Growing at 8.61% CAGR, Fueled by Consumer Shift Toward Healthier Food Options, Kings Research Reports
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Report Overview:
Trending Now: Corteva and Bunge Partner to Pioneer Amino Acid-Enriched Soybeans
Corteva and Bunge aim to enhance soybean meal nutrition for animal feed, benefiting poultry, swine, and aqua feed. They collaborated in March 2023 seeking to develop soybean varieties that offer new value for farmers and reduce synthetic additives in feed, cutting costs and carbon footprint. By increasing methionine and lysine levels, soybean meal becomes an even better feed ingredient.
Corteva's expertise in germplasm and gene editing, combined with Bunge's processing capabilities, will produce high-value meals and oil. Early trials show promising results in elevating protein and amino acid levels in soybeans. The next step is introducing these enriched varieties to the market by the end of the decade.
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The global Amino Acids Market is segmented as:
By Product
Growing Use of L-Glutamate Across Diverse Industries to Support Market Growth
On the basis of product, the L-glutamate segment is expected to dominate the global amino acids market in the upcoming years, accruing a valuation of USD 26.62 billion by 2030. Due to its flavor-enhancing qualities, L-glutamate, a non-essential amino acid, is frequently employed in the food and pharmaceutical sectors. L-glutamate is a great source of umami flavor and is frequently added to a variety of processed foods, including soups, snacks, and seasonings, to enhance their flavor.
Moreover, due to its involvement in protein synthesis and neurotransmitter regulation, L-glutamate finds application in producing nutritional supplements, energy drinks, and pharmaceuticals. L-glutamate is a crucial component in the healthcare sector as it has also demonstrated promising results in the treatment of a number of diseases, including sickle cell disease and neuropathic pain.
By Raw Materials
Growing Popularity of Plant-Based Raw Materials to Augment Amino Acids Market Progress
In terms of raw material, the plant-based segment is anticipated to generate the highest revenue of USD 44.89 billion by 2030. One of the major factors driving their widespread use is their capacity to provide a full amino acid profile that includes all nine essential amino acids necessary for the best possible nutrition for humans.
Additionally, plant-based amino acids don't include hormones, antibiotics, or allergies, making them a safer and better alternative to animal-based proteins. Moreover, plant-based sources are more environmentally friendly and sustainable than animal-based ones, which makes them compatible with the burgeoning sustainability trend.
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Surging Emphasis on Sports Activities to Drive Amino Acids Market Expansion
With its soaring adoption by athletes and people who are physically active, the sports nutrition market has expanded significantly in recent years. This is due to the growing emphasis on leading a healthy lifestyle, the rise in sports activities, and the increasing popularity of health clubs and gym memberships. Since they provide so many advantages for athletes, amino acids have grown to be a crucial component of the sports nutrition category.
Asia Pacific to Lead Amino Acids Market Due to Surging Demand for Healthy Food Products
Asia-Pacific is likely to be the largest market for amino acids in the forthcoming years, accounting for a valuation of USD 28.94 billion by 2030. The regional market growth can be mainly attributed to the increasing income and purchasing power of consumers. Additionally, the rising demand for nutritional and healthy food products offers a significant opportunity for growth and diversification in the domestic food sector.
Mounting demand for high-quality processed food in economically developing nations, such as India, is a major factor propelling the use of amino acids in the food industry. In India, for instance, the rising need for protein supplements and sports nutrition products is anticipated to fuel the growth of dietary supplements based on amino acids.
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Competitive Landscape
Prominent companies in the global amino acids market are prioritizing product innovation for a competitive advantage. For instance, in January 2022, Bayer AG introduced Ambition, the inaugural amino acids biostimulant in China. This product enhances photosynthesis and fosters plant growth. Ambition is designed to boost crop yield by reinforcing plant defenses and improving nutrient efficiency.
Some of the key businesses in the global amino acids market include:
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Key Points from TOC:
Chapter 1 Introduction of the Global Amino Acids Market
Chapter2 Executive Summary
Chapter 3 Research Methodology
Chapter4 Global Amino Acids Market Outlook
Chapter5 Impact of Russia-Ukraine War
Chapter 6 Global Amino Acids Market, By Product
Chapter7 Global Amino Acids Market, By Raw Material
Chapter8 Global Amino Acids Market, By Application
Chapter9 Global Amino Acids Market, By Geography
Chapter10 North America
Chapter11Europe
Chapter12Asia-Pacific
Chapter13Middle East &
Africa
Chapter14 Latin America
Chapter15 Global Amino Acids Market Competitive Landscape
Chapter16 Company Profiles
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