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Food Amino Acids - Global Market Trajectory & Analytics

  • ID: 5302772
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Ajinomoto Co. Inc.
  • Brenntag AG
  • Evonik Industries
  • Kyowa Hakko Kirin Group
  • Prinova Group LLC
  • Sigma-Aldrich
Global Food Amino Acids Market to Reach $9 Billion by 2027

Amid the COVID-19 crisis, the global market for Food Amino Acids estimated at US$5.8 Billion in the year 2020, is projected to reach a revised size of US$9 Billion by 2027, growing at a CAGR of 6.6% over the analysis period 2020-2027. Glutamic Acid, one of the segments analyzed in the report, is projected to record a 8.5% CAGR and reach US$2.9 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 Lysine segment is readjusted to a revised 6.5% CAGR for the next 7-year period.





The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 10.2% CAGR

The Food Amino Acids market in the U.S. is estimated at US$1.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2027 trailing a CAGR of 10.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Tryptophan Segment to Record 6% CAGR

In the global Tryptophan segment, USA, Canada, Japan, China and Europe will drive the 5.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$774.3 Million in the year 2020 will reach a projected size of US$1.1 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$1.2 Billion by the year 2027, while Latin America will expand at a 7.2% CAGR through the analysis period.

Select Competitors (Total 52 Featured):
  • Ajinomoto Co., Inc.
  • Amino GmbH
  • Brenntag AG
  • Daesang Corporation
  • Evonik Industries
  • Hugestone Enterprise Co., Ltd.
  • Kingchem LLC
  • Kyowa Hakko Kirin Group
  • Pangaea Sciences Inc.
  • Prinova Group LLC
  • Qingdao Samin Chemical Co., Ltd.
  • Rochem International Inc.
  • Shaoxing Yamei Biotechnology Co., Ltd
  • Sigma-Aldrich
  • Sunrise Nutrachem Group
Frequently Asked Questions about the Global Market for Food Amino Acids

What is the estimated value of the Global Market for Food Amino Acids?

The Global Market for Food Amino Acids was estimated to be valued at $5.8 Billion in 2020.

What is the growth rate of the Global Market for Food Amino Acids?

The growth rate of the Global Market for Food Amino Acids is 6.5%, with an estimated value of $9.0 Billion by 2027.

What is the forecasted size of the Global Market for Food Amino Acids?

The Global Market for Food Amino Acids is estimated to be worth $9.0 Billion by 2027.

Who are the key companies in the Global Market for Food Amino Acids?

Key companies in the Global Market for Food Amino Acids include Ajinomoto Co. Inc., Amino GmbH, Brenntag AG, Daesang Corporation, Evonik Industries, Hugestone Enterprise Co. Ltd., Kingchem LLC, Kyowa Hakko Kirin Group and Prinova Group LLC.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Ajinomoto Co. Inc.
  • Brenntag AG
  • Evonik Industries
  • Kyowa Hakko Kirin Group
  • Prinova Group LLC
  • Sigma-Aldrich

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. 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: 52
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Ajinomoto Co. Inc.
  • Amino GmbH
  • Brenntag AG
  • Daesang Corporation
  • Evonik Industries
  • Hugestone Enterprise Co. Ltd.
  • Kingchem LLC
  • Kyowa Hakko Kirin Group
  • Pangaea Sciences Inc.
  • Prinova Group LLC
  • Qingdao Samin Chemical Co. Ltd.
  • Rochem International Inc.
  • Shaoxing Yamei Biotechnology Co. Ltd
  • Sigma-Aldrich
  • Sunrise Nutrachem Group
Note: Product cover images may vary from those shown