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Amino Acids - Global Market Trajectory & Analytics

  • ID: 362136
  • Report
  • April 2021
  • Region: Global
  • 399 Pages
  • Global Industry Analysts, Inc
Global Amino Acids Market to Reach $27.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Amino Acids estimated at US$20.9 Billion in the year 2020, is projected to reach a revised size of US$27.5 Billion by 2027, growing at a CAGR of 4% over the analysis period 2020-2027. Glutamic Acid, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$8.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Methionine segment is readjusted to a revised 4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $5.6 Billion, While China is Forecast to Grow at 7.2% CAGR

The Amino Acids market in the U.S. is estimated at US$5.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.8 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.

Lysine Segment to Record 4.7% CAGR

In the global Lysine segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3 Billion in the year 2020 will reach a projected size of US$4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.9 Billion by the year 2027, while Latin America will expand at a 5.6% CAGR through the analysis period.

Select Competitors (Total 57 Featured):
  • Ajinomoto Co., Inc.
  • Amino GmbH
  • Archer Daniels Midland Company
  • Cargill, Inc.
  • China National BlueStar (Group) Co., Ltd.
  • CJ Cheil Jedang
  • DAESANG Corporation
  • Evonik Industries AG
  • Fufeng Group Company Limited
  • Global Bio-Chem Technology Group Company Limited
  • Kyowa Hakko Bio Co., Ltd.
  • Ningxia Eppen Biotech Co. Ltd.
  • Novus International, Inc.
  • Royal DSM N.V.
  • Sekisui Medical Co., Ltd.
  • Shandong Shouguang Juneng Group Golden Corn Co., Ltd.
  • Shijiazhuang Jirong Pharmaceutical Co., Ltd.
  • Sumitomo Chemical Co. Ltd.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Prelude
  • Recent Market Activity
  • Healthy Market for Meats and Nutraceuticals Drive the Market
  • Outlook
  • Developing Regions Continue to Lend Traction to the Global Market
  • Competition
  • M&A Activity to Spur Growth
  • Significance of Research in Amino Acids Market
  • Methionine Market - Oligopolistic in Nature
  • Eco-Friendly Means of Extracting Methionine Gaining Traction
  • Lysine Competitive Scenario
  • Other Key Market Share Findings
  • India & China Offer Significant Growth Opportunities
  • Amino Acid-Based Health Foods Gaining Prominence in Asia
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Ajinomoto Co., Inc. (Japan)
  • Amino GmbH (Germany)
  • Archer Daniels Midland Company (USA)
  • Cargill, Inc. (USA)
  • China National BlueStar (Group) Co., Ltd. (China)
  • Adisseo France S.A.S. (France)
  • CJ Cheil Jedang (South Korea)
  • Anhui BBCA Biochemical Co., Ltd. (China)
  • DAESANG Corporation (South Korea)
  • Evonik Industries AG (Germany)
  • Fufeng Group Company Limited (China)
  • Global Bio-Chem Technology Group Company Limited (Hong Kong)
  • Shijiazhuang Jirong Pharmaceutical Co., Ltd. (China)
  • Kyowa Hakko Bio Co., Ltd (Japan)
  • Ningxia Eppen Biotech Co. Ltd. (China)
  • Novus International, Inc. (USA)
  • Royal DSM N.V. (The Netherlands)
  • Shandong Shouguang Juneng Group Golden Corn Co., Ltd. (China)
  • Sekisui Medical Co., Ltd. (Japan)
  • Sumitomo Chemical Co. Ltd. (Japan)
3. MARKET TRENDS & DRIVERS
  • MARKET DYNAMICS
  • Current State of the Economy: A Key Growth Indicator
  • Increasing Global Population Offers Significant Growth Opportunities
  • Urbanization: A Mega Trend with Significant Implications for the Food & Beverages Industry
  • Rising Disposable Incomes: Opportunity in Emerging Markets
  • Growing Middle Class Population to Drive Demand
  • Aging World Population Drives the Demand for Amino Acids
  • MARKET TRENDS, GROWTH DRIVERS & ISSUES
  • Shift towards Fermentation to Revolutionize Amino Acids Market
  • Animal Feed Additives - A Major Application Area for Amino Acids
  • Level of Protein Consumption Dictate Demand for Amino Acids as Feed Additives
  • Demand for Animal Feed to Remain Strong
  • Increasing Prices of Natural Feed Products: A Boon to Animal Feed Additives
  • Protein Ingredients Market - All Set to Grow
  • Rice Proteins Emerge as an Ideal Alternative to Soy Proteins
  • Rising Meat Intake Spurs Growth Opportunities
  • Ban on Antibiotics Boosts Demand for Amino Acids as Feed Additives
  • A Peek into Demand Patterns for Various Amino Acid Products in Animal Feed Market
  • Amino Acids in Fish Farming
  • Enhancing Food Quality through Amino Acid Additives
  • Growing Demand for Nutraceuticals Drive Market Prospects for Amino Acids
  • Rising Uptake of Amino Acids Based Dietary Supplements Fuels Market Growth
  • Functional Food & Beverages
  • Expanding Sports Nutrition Supplements Market Augurs Well for Amino Acids
  • Opportunity Indicator
  • Glutamine Gains Significance in Sports Nutrition
  • Amino Acids Foray into Skin Care Formulations
  • Synthesis Applications - A Growing Application Area
  • Methionine - The Traditional Revenue Contributor to the Overall Amino Acids Market
  • Growing Consumption of Poultry Bodes Well for Market
  • Synthetic Methionine in Poultry Diet
  • Methionine in Pet Diets
  • Lysine - Fastest Growing Market Segment
  • Capacity Expansions to Weigh Down Lysine Prices
  • Growing Usage for Aspartame Boosts Demand for L-phenylalanine
  • D-Amino Acids: A Promising Field with Potential Applications
  • D-Amino Acids: An Essential Raw Material for Pharmaceuticals and Fine Chemicals Production
  • Artificial Amino Acids Gaining Prominence
  • Branched Chain Amino Acids (BCAAs) Gaining Ground
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 57
Note: Product cover images may vary from those shown
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