The Amino Acid Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Amino Acid Market:
https://www.thebusinessresearchcompany.com/report/amino-acid-global-market-report
According to The Business Research Company’s Amino Acid Global Market Report 2024, The amino acid market size has grown strongly in recent years. It will grow from $26.7 billion in 2023 to $29.12 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to nutritional supplements, pharmaceutical applications, animal feed and agriculture, processed foods and flavor enhancers biotechnology and research, amino acid fortification,.
The amino acid market size is expected to see strong growth in the next few years. It will grow to $41.04 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to plant-based and vegan diets, sports nutrition, amino acid-based pharmaceuticals, precision agriculture, biomanufacturing and biotechnology. Major trends in the forecast period include personalized nutrition, functional amino acids, bioavailability enhancement, clean label products, biotechnological advances.
Rising health consciousness among the population is expected to propel the growth of the amino acid market going forward. Health consciousness refers to the extent to which individuals tend to take action towards taking care of their health. Health-conscious people take amino acids as part of their diet to improve their immunity. For instance, according to an online survey conducted by the Times of India, an Indian-based daily newspaper, in 2021, 70% of the participants stated that they have prioritized dietary lifestyle changes such as eating healthy nutrient-rich food, and 65% of respondents also indicated their increased reliance on nutritional experts to help achieve their goals. Therefore, the rising health consciousness is driving the growth of the amino acid market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=7314&type=smp
The amino acid market covered in this report is segmented –
1) By Type: Histidine, Isoleucine, Leucine, Glutamate, Lysine, Methionine, Threonine, Other Types
2) By Source: Animal-Based, Plant-Based
3) By Application: Animal Feed, Food and Beverages, Pharma and Health Care, Nutraceuticals, Cosmetics and Personal Care, Other Applications
Product innovation is a key trend gaining popularity in the amino acid market. Major companies operating in the amino acids sector are focused on product innovations to meet plant-based and natural flavoring ingredient demand. For instance, in April 2021, CJ BIO, a South Korea-based food company, launched FlavorNrich Master C, the world’s first natural cysteine. It is produced by microbial fermentation and is the only natural amino acid qualified as natural flavor by the USDA Organic Program as well as the United States Department of Agriculture (USDA), the United States Food and Drug Administration (FDA), the Flavor and Extract Manufacturers Association Generally Recognized As Safe (FEMA GRAS), and European Union (EU) regulations.
The amino acid market report table of contents includes:
.
.
.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…
The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…
The ip video surveillance and vsaas global market report 2024 from The Business Research Company…
The change and configuration management global market report 2024 from The Business Research Company provides…
The generative ai in gaming global market report 2024 from The Business Research Company provides…
The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…