Amino Acid Market to Witness Growth Acceleration by 2030/ AjinomotoCo., Inc., Kyowa Hakko Bio. Co. Ltd., Amino GmbH

The amino acid market is expected to grow at a CAGR of nearly 7.8% during the forecast period .The major factor driving the growth of the global amino acid market include the rising demand for amino acids from the food industry, pharmaceutical, and nutraceutical. Additionally, the rising prevalence of amino acid metabolism disorders such as Homocystinuria, Argininosuccinic academia, Citrullinemia, and Maple syrup urine disease will drive the growth of the market. According to the National Centre for Biotechnology Information, the global prevalence of is 6.002 per 100,000 neonates in 2020. It is the disease caused due to congenital defects in the phenylalanine metabolism, an amino acid, which further leads to irreversible nerve ending.

Amino acids are the building blocks of the body consists of hydrogen (H), nitrogen (N), oxygen (O), and carbon (C), and others, which subsequently attach together to form proteins. There are more than 500 amino acids naturally available, among which only 20 are found in the genetic code of an individual. The rise in demand for amino acids can be attributed to the use of the amino acids in aiding conditions such as smoking cessation, bruxism, depression, attention deficit-hyperactivity disorder (ADHD), premenstrual dysphoric disorder (PMDD), and sleep disorders. For instance, L-tryptophan, an essential amino acid, is intended to treat severe symptoms of depression, premenstrual syndrome (PMS), and many more.

The key players contributing to the growth of the global amino acid market by adopting various strategies such as product launches and developments, mergers and acquisitions, partnerships, and agreements, include AjinomotoCo., Inc., Kyowa Hakko Bio. Co. Ltd., Amino GmbH, Bill Barr & Company, Iris Biotech GmbH, Taiwan Amino Acids Co. Ltd., among others. For instance, in January 2020, the Marquie Group, Inc., an emerging player in the global beauty and wellness market, in collaboration with Whim launched premium amino acid-based products including AminoMints, a healthy amino acid containing mint, and AminoFizz, an effervescent drink containing amino acids.

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Market Coverage

• The market number available for - 2023-2030

• Base year- 2023

• Forecast period- 2024-2030

• Segment Covered-

· By Type

· By Raw Material

· By Application

Regions covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- AjinomotoCo., Inc., Kyowa Hakko Bio. Co. Ltd., Amino GmbH, Bill Barr & Company, Iris Biotech GmbH, among others.

Amino Acid Market- Segmentation

By Type

• Glutamic Acid

• Lysine

• Methionine

• Threonine

• Phenylalanine

• Tryptophan

• Citrulline

• Glycine

• Glutamine

• Creatine

• Arginine

• Valine

• Leucine

• Iso-Leucine

• Proline

• Serine

• Tyrosine

• Others

By Raw Material

• Plant-Based

• Animal-Based

By Application

• Animal Feed

• Food

• Healthcare

A full Report of Amino Acid Market is Available at: https://www.omrglobal.com/industry-reports/amino-acid-market

Amino Acid Market - Segmentation by region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East and Africa

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