Food Amino Acids Market by Application, Type, Source, and Region - Global Forecast to 2022

  • ID: 4172847
  • Report
  • Region: Global
  • 142 Pages
  • Markets and Markets
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The Food Amino Acids Market is Projected to Reach USD 6.82 Billion by 2022 at a CAGR of 7.8%, from 2016 to 2022

FEATURED COMPANIES

  • Ajinomoto Co., Inc.
  • Brenntag AG
  • Daesang Corporation
  • Kingchem LLC
  • Monteloeder S.L.
  • Prinova Group LLC
  • MORE

“The food amino acids market is projected to grow at a CAGR of 7.8%”

The food amino acids market is projected to reach USD 6.82 billion by 2022 at a CAGR of 7.8%, from 2016 to 2022. The market is driven by factors such as rising demand for healthy and nutritious food, growing concerns of consumers regarding healthy lifestyles, rising demand for processed and convenience foods, and growing demand for innovative food & beverage products due to changing consumer trends. Factors such as high cost involved in R&D activities & production and stringent regulations are restraining the market.

“The phenylalanine segment is projected to be the fastest-growing market, by type, during the review period

Monosodium glutamate (MSG) or sodium salt of glutamic acid is widely used as a food additive in the food industry. It is used in various food products such as snacks, savory dishes, and ready-to-eat (RTE) products. Growth of convenience foods market is boosting the demand for glutamic acid. Hence, the demand for the glutamic acid market is anticipated to expand significantly during the forecast period, due to rise in application of glutamic acid as a flavor enhancer coupled with increase in population, high disposable income, growth in demand for ready-to-eat food, and superior quality of food.

Phenylalanine, on the other hand, is the fastest-growing market due to its wide usage in the manufacturing of food and drink products which are sold as nutritional supplements for their reputed analgesic and antidepressant effects. Phenylalanine is a direct precursor to the neuromodulator phenethylamine, which is a commonly used dietary supplement.

“Asia-Pacific to lead the market in terms of market share between 2016 and 2022”

The market for food amino acids in the Asia-Pacific region is estimated to be the largest, in 2016. China is estimated to dominate the market for food amino acids globally as well as regionally. The Asia-Pacific region has a large market for food & beverages; the improved standard of living due to the rise in the income levels is one of the major factors driving the food & beverage market growth in this region. The food industry has contributed significantly to the regional growth.

The breakdown of the primaries on the basis of the company type, designation, and region, conducted during the research study, is mentioned as follows:

  • By Company Type: Tier 1 - 60%, Tier 2 - 25%, and Tier 3 - 15%
  • By Designation: Director Level - 35%, C Level - 40%, and Others - 25%
  • By Region: Asia-Pacific - 40%, Europe - 30%, North America - 20%, and RoW - 10%

Key players are as follows:

The global food amino acids market is dominated by key players such as Ajinomoto Co. Inc. (Japan), Kyowa Hakko Kirin Group (Germany), Evonik Industries AG (Germany), Sigma-Aldrich, Co. LLC (U.S.), Prinova Group LLC (U.S.), and Daesang Corporation (Korea).

Research Coverage:

  • The food amino acids market, on the basis of type, includes glutamic acid lysine, tryptophan, methionine, phenylalanine, and others (leucine, aspartic acid, threonine, histidine, and tyrosine).
  • On the basis of source, the market is segmented into plant-based, animal-based, and synthetic.
  • On the basis of application, the market is segmented into nutraceuticals & dietary supplements, infant formula, food fortification, convenience foods, and others.
  • On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

Reasons to Buy This Report

From an insight perspective, this research report has focused on various levels of analyses-industry analysis (industry trends) and company profiles, which together comprise and discuss the basic views on the competitive landscape-emerging and high-growth segments of the global food amino acids market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following:

  • Market Penetration: Comprehensive information on food amino acids products offered by top players in the global market.
  • Product Development/Innovation: Detailed insights on upcoming equipment products, technologies, research & development activities, and new product launches in the food amino acids market.
  • Market Development: Comprehensive information about lucrative emerging markets.
  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global food amino acids market.
  • Competitive Assessment: In-depth assessment of market share, strategies, products, and manufacturing capabilities of leading players in the global food amino acids market.
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FEATURED COMPANIES

  • Ajinomoto Co., Inc.
  • Brenntag AG
  • Daesang Corporation
  • Kingchem LLC
  • Monteloeder S.L.
  • Prinova Group LLC
  • MORE
1 Introduction

    1.1 Objectives of the Study

    1.2 Market Definition

    1.3 Market Scope

    1.4 Years Considered for the Study

    1.5 Currency

    1.6 Unit

    1.7 Stakeholders

2 Research Methodology

    2.1 Research Data

           2.1.1 Secondary Data

                    2.1.1.1 Key Data From Secondary Sources

           2.1.2 Primary Data

                    2.1.2.1 Key Data From Primary Sources

                    2.1.2.2 Key Industry Insights

                    2.1.2.3 Breakdown of Primaries

    2.2 Market Size Estimation

    2.3 Market Breakdown & Data Triangulation

    2.4 Assumptions & Limitations

           2.4.1 Assumptions

           2.4.2 Limitations

3 Executive Summary

4 Premium Insights

    4.1 Attractive Opportunities in this Market

    4.2 Food Amino Acids Market, By Key Country

    4.3 Asia-Pacific: the Largest Market for Food Amino Acids

    4.4 Food Amino Acids Market, By Application

5 Market Overview

    5.1 Introduction

    5.2 Market Dynamics

           5.2.1 Drivers

                    5.2.1.1 Rising Demand for Glutamic Acid as Flavor Enhancer

                    5.2.1.2 Increasing Health Concerns of Consumers

                    5.2.1.3 Increase in Demand for Amino Acid-Based Nutrition Products

           5.2.2 Restraints

                    5.2.2.1 High Cost Involved in R&D Activities & Production Resulting in High Prices

                    5.2.2.2 Stringent Regulations

           5.2.3 Opportunities

                    5.2.3.1 Growing Demand in Emerging Economies

           5.2.4 Challenges

                    5.2.4.1 Increasing Usage of Multi-Page Labeling

                    5.2.4.2 Negative Perception of Consumers

    5.3 Value Chain Analysis

6 Food Amino Acid Market, By Type

    6.1 Introduction

    6.2 Glutamic Acid

    6.3 Lysine

    6.4 Tryptophan

    6.5 Methionine

    6.6 Phenylalanine

    6.7 Other Types

7 Food Amino Acids Market, By Source

    7.1 Introduction

    7.2 Plant-Based Amino Acids

    7.3 Animal-Based Amino Acids

    7.4 Synthetic Amino Acids

8 Food Amino Acids Market, By Application

    8.1 Introduction

    8.2 Nutraceuticals & Dietary Supplements

    8.3 Infant Formula

    8.4 Food Fortification

    8.5 Convenience Food

    8.6 Others

9 Food Amino Acids Market, By Region

    9.1 Introduction

    9.2 North America

           9.2.1 U.S.

           9.2.2 Canada

           9.2.3 Mexico

    9.3 Europe

           9.3.1 Germany

           9.3.2 U.K.

           9.3.3 Italy

           9.3.4 France

           9.3.5 Rest of Europe

    9.4 Asia-Pacific

           9.4.1 China

           9.4.2 Japan

           9.4.3 India

           9.4.4 Australia & New Zealand

           9.4.5 Rest of Asia-Pacific

    9.5 RoW

           9.5.1 Brazil

           9.5.2 South Africa

           9.5.3 Others in RoW

10 Food Amino Acids Market, By Brand

     10.1 Introduction

     10.2 Rexiva By Evonik Industries AG

     10.3 Sunthenine By Taiyo International Inc.

     10.4 Branched Chain Amino Acids (BCAA) By Prinova Group

     10.5 L-Arginine By Kyowa Hakko Kirin Group

     10.6 L-Citrulline By Kyowa Hakko Kirin Group

     10.7 L-Aspartic Acid By Ajinomoto Co., Inc.

     10.8 L-Glutamic Acid By Ajinomoto Co., Inc.

     10.9 Miwon (MSG) By Daesang Corporation

     10.10 L-Arginine By Daesang Corporation

     10.11 Epsilon-Poly-L-Lysine By Shaoxing Yamei Biotechnology Co., Ltd.

11 Competitive Landscape

     11.1 Overview

     11.2 Food Amino Acids Market: Dive Vendor Comparison

             11.2.1 Food Amino Acids Market: Product Offering

             11.2.2 Food Amino Acids Market: Business Strategy

12 Company Profiles

     12.1 Ajinomoto Co., Inc.

     12.2 Kyowa Hakko Kirin Group

     12.3 Evonik Industries

     12.4 Sigma-Aldrich

     12.5 Prinova Group LLC

     12.6 Daesang Corporation

     12.7 Shaoxing Yamei Biotechnology Co., Ltd

     12.8 Qingdao Samin Chemical Co., Ltd.

     12.9 Hugestone Enterprise Co., Ltd.

     12.10 Brenntag AG

     12.11 Pangaea Sciences Inc.

     12.12 Amino GmbH

     12.13 Kingchem LLC

     12.14 Rochem International Inc.

     12.15 Sunrise Nutrachem Group

     12.16 Taiyo International

     12.17 Monteloeder S.L.

     12.18 CJ Corporation

     12.19 Kraemer Martin GmbH (Azelis)

     12.20 Pacific Rainbow International, Inc.

List of Tables
Table 1 Food Amino Acid Market Size, By Type, 2014-2022 (USD Million)
Table 2 Glutamic Acid Market Size, By Region, 2014-2022 (USD Million)
Table 3 Lysine Market Size, By Region, 2014-2022 (USD Million)
Table 4 Tryptophan Market Size, By Region, 2014-2022 (USD Million)
Table 5 Methionine Market Size, By Region, 2014-2022 (USD Million)
Table 6 Phenylalanine Market Size, By Region, 2014-2022 (USD Million)
Table 7 Other Types Market Size, By Region, 2014-2022 (USD Million)
Table 8 Food Amino Acids Market Size, By Source, 2014-2022 (USD Million)
Table 9 Plant-Based Food Amino Acids Market Size, By Region, 2014-2022 (USD Million)
Table 10 Animal-Based Amino Acids Market Size, By Region, 2014-2022 (USD Million)
Table 11 Synthetic Amino Acids Market Size, By Region, 2014-2022 (USD Million)
Table 12 Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 13 Market Size, By Application, 2014-2022 (KT)
Table 14 Food Amino Acids Market Size in Nutraceutical & Dietary Supplements, By Region, 2014-2022 (USD Million)
Table 15 Food Amino Acids Market Size in Nutraceutical & Dietary Supplements, By Region, 2014-2022 (KT)
Table 16 Food Amino Acids Market Size in Infant Formula, By Region, 2014-2022 (USD Million)
Table 17Market Size in Infant Formula, By Region, 2014-2022 (KT)
Table 18 Food Amino Acids Market Size in Food Fortification, By Region, 2014-2022 (USD Million)
Table 19 Market Size in Food Fortification,, By Region, 2014-2022 (KT)
Table 20 Food Amino Acids Market Size in Convenience Food, By Region, 2014-2022 (USD Million)
Table 21 Market Size in Convenience Food, By Region, 2014-2022 (KT)
Table 22 Food Amino Acids Market Size in Other Applications, By Region, 2014-2022 (USD Million)
Table 23 Market Size in Other Applications, By Region, 2014-2022 (KT)
Table 24 Food Amino Acids Market Size, By Region, 2014-2022 (USD Million)
Table 25 Market Size, By Region, 2014-2022 (KT)
Table 26 North America: Food Amino Acids Market Size, By Country, 2014-2022 (USD Million)
Table 27 North America: Market Size, By Type, 2014-2022 (USD Million)
Table 28 North America: Market Size, By Source, 2014-2022 (USD Million)
Table 29 North America: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 30 North America: Market Size, By Application, 2014-2022 (KT)
Table 31 U.S.: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 32 Canada: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 33 Mexico: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 34 Europe: Food Amino Acids Market Size, By Type, 2014-2022 (USD Million)
Table 35 Europe: Market Size, By Source, 2014-2022 (USD Million)
Table 36 Europe: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 37 Europe: Market Size, By Application, 2014-2022 (KT)
Table 38 Germany: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 39 U.K.: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 40 Italy: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 41 France: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 42 Rest of Europe: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 43 Asia-Pacific: Food Amino Acids Market, By Country, 2014-2022 (USD Million)
Table 44 Asia-Pacific: Market, By Type, 2014-2022 (USD Million)
Table 45 Asia-Pacific: Market, By Source, 2014-2022 (USD Million)
Table 46 Asia-Pacific: Food Amino Acids Market, By Application, 2014-2022 (USD Million)
Table 47 Asia-Pacific: Market, By Application, 2014-2022 (KT)
Table 48 China: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 49 Japan: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 50 India: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 51 Australia & New Zealand: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 52 Rest of Asia-Pacific: Food Amino Acids Market Size, By Application, 2014-2022 (USD Million)
Table 53 RoW: Food Amino Acids Market, By Country, 2014-2022 (USD Million)
Table 54 RoW: Market, By Type, 2014-2022 (USD Million)
Table 55 RoW: Market, By Source, 2014-2022 (USD Million)
Table 56 RoW: Food Amino Acids Market, By Application, 2014-2022 (USD Million)
Table 57 RoW: Market, By Application, 2014-2022 (KT)
Table 58 Brazil: Food Amino Acids Market, By Application, 2014-2022 (USD Million)
Table 59 South Africa: Food Amino Acids Market, By Application, 2014-2022 (USD Million)
Table 60 Others in RoW: Food Amino Acids Market, By Application, 2014-2022 (USD Million)
Table 61 Food Amino Acids Market: Product Offering

List of Figures
Figure 1 Food Amino Acids Market: Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown & Data Triangulation
Figure 6 Food Amino Acids Market Snapshot, By Region, 2016 vs 2022 (USD Million)
Figure 7 Market Snapshot, By Type, 2016 vs 2022 (USD Million)
Figure 8 Asia-Pacific is Projected to Register the Highest Growth Rate From 2016 to 2022
Figure 9 Amino Acids: an Emerging Market With Promising Growth Potential
Figure 10 India is Projected to Grow at the Highest Rate in the Food Amino Acids Market From 2016 to 2022
Figure 11 Asia-Pacific Food Amino Acids Market, By Country & Source, 2015
Figure 12 Nutraceuticals & Dietary Supplements Segment is Projected to Be the Largest Segment By 2022
Figure 13 Life Cycle Analysis: Food Amino Acids Market
Figure 14 Market Dynamics: Food Amino Acids Market
Figure 15 Value Chain Analysis: Food Amino Acids Market
Figure 16 Food Amino Acids Market Growth Rate, By Type
Figure 17 Glutamic Acid Market Snapshot, By Region, 2016 vs 2022 (USD Million)
Figure 18 Food Amino Acids Market, By Source
Figure 19 Plant-Based Food Amino Acids Market, By Region, 2016 vs 2022 (USD Million)
Figure 20 Food Amino Acids Market, By Application
Figure 21 Nutraceutical & Dietary Supplements Food Amino Acids Market, By Region, 2016 vs 2022 (USD Million)
Figure 22 Food Amino Acids Market Size in Convenience Food, By Region, 2016 vs 2022 (USD Million)
Figure 23 North American Food Amino Acids Market: A Snapshot
Figure 24 Europe: Food Amino Acids Market Snapshot
Figure 25 Asia-Pacific Food Amino Acids Market Snapshot
Figure 26 Expansions: Key Strategies, 2011-2017
Figure 27 Food Amino Acids Market: Dive Vendor Comparison
Figure 28 Food Amino Acids: Business Strategy
Figure 29 Dive Vendor Comparison: Criteria Weightage
Figure 30 Ajinomoto Co., Inc.: Company Snapshot
Figure 31 Kyowa Hakko Kirin Group: Company Snapshot
Figure 32 Evonik Industries: Company Snapshot
Figure 33 Sigma-Aldrich: Company Snapshot
Figure 34 Brenntag Ag.: Company Snapshot
Figure 35 CJ Corporation: Company Snapshot
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FEATURED COMPANIES

  • Ajinomoto Co., Inc.
  • Brenntag AG
  • Daesang Corporation
  • Kingchem LLC
  • Monteloeder S.L.
  • Prinova Group LLC
  • MORE

The global market is projected to grow at a CAGR of 7.8% from 2016 to 2022, to reach a projected value of USD 6.82 Billion by 2022. The increase in demand for food amino acids has been observed in the recent years, due to the increase in the demand for processed and convenience foods. Also, growing inclination of consumers toward food and dietary products with additional health benefits is fueling the demand for food amino acids.

The nutraceutical & dietary supplement segment, by application, is estimated to lead the food amino acids market, in 2016. The infant formula segment is projected to have the highest growth rate during the forecast period followed by the convenience foods segment.

On the basis of the type, the glutamic acid segment is estimated to lead the food amino acids market, in 2016. This is due to the massive increase in demand for food amino acid as a flavor enhancer in various food and beverages such as snacks, sauces, and ready-to-eat soups. Additionally, growth in consumption of nutraceutical and dietary supplements, along with increase in awareness among consumers toward products with nutritive ingredients is expected to escalate the demand for food amino acids in the future.

On the basis of source, food amino acids derived from the synthetic method are most widely used as compared to plant-based and animal-based amino acids, owing to the high purity amino acids offered by this segment.

The Asia-Pacific region is projected to be the largest market from 2016 to 2022, India being the fastest-growing market in the region. Asia-Pacific is also projected to be the fastest-growing market during the forecast period, due to the rise in awareness among consumers toward products with healthy and nutritive ingredients and growth in trend of adding dietary supplements in regular diet.

The negative perception of consumers toward the amino acids such as monosodium glutamate that they could cause adverse reactions such as allergic reactions, weakness, headaches, and palpitations might hamper the growth of the global food amino acids market.

Ajinomoto Co. Inc. (Japan), is one of the key players in the food amino acids market and focuses on strengthening its product portfolio by continuously expanding its production capacity of food amino acids. The company’s core competencies are expansions in potential markets and strong product portfolio for food amino acids. This company constantly invests in its research & development activities, in order to enhance its new product offering and strengthen its presence across the globe.

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  • Ajinomoto Co., Inc.
  • Amino GmbH
  • Brenntag AG
  • CJ Corporation
  • Daesang Corporation
  • Evonik Industries
  • Hugestone Enterprise Co., Ltd.
  • Kingchem LLC
  • Kraemer Martin GmbH (Azelis)
  • Kyowa Hakko Kirin Group
  • Monteloeder S.L.
  • Pacific Rainbow International, Inc.
  • Pangaea Sciences Inc.
  • Prinova Group LLC
  • Qingdao Samin Chemical Co., Ltd.
  • Rochem International Inc.
  • Shaoxing Yamei Biotechnology Co., Ltd
  • Sigma-Aldrich
  • Sunrise Nutrachem Group
  • Taiyo International
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