Amino Acids Market To 2022 - Industry Growth, Analysis: Grand View Research, Inc.

FIG. 12 High-intensity sweeteners: Volume of equivalent sucrose (tonnes of equivalent sucrose)
FIG. 13 Global pricing trends of corn, soybean & wheat, 2009 - 2015 (USD per ton)
FIG. 14 Key opportunities prioritized
FIG. 15 Amino acids Porter’s analysis
FIG. 16 Amino acids PESTEL analysis
FIG. 17 Global amino acids market volume share by product, 2014 & 2022
FIG. 18 Global amino acids market volume share by raw material, 2014 & 2022
FIG. 19 Global amino acids volume share by application, 2014 & 2022
FIG. 20 Global amino acids market volume share by region, 2014 & 2022
Further key findings from the study suggest:
Global amino acids market demand was 6,582.0 kilo tons in 2014 and is expected to
reach 10,117.5 kilo tons by 2022, growing at a CAGR of 5.6% from 2015 to 2022.
Plants were the leading source for manufacturing amino acids and accounted for 86.0%
of the total market volume in 2014. Animal based amino acids are expected to grow at an
estimated CAGR of 4.0% from 2015 to 2022.
Animal feed was the leading application segment and accounted for 52.5% of the total
market volume in 2014. It is also expected to witness the highest growth of 6.2% from
2015 to 2022. Recent disease outbreak has prompted the demand for amino acids in
animal feed, which is expected to drive this segment. Global amino acids demand for
pharmaceuticals is expected to register a growth of 5.6% from 2015 to 2022.
Asia Pacific dominated the global amino acids market and accounted for 49.4% of total
demand in 2014. Increasing livestock production particularly in China, India and South
East Asian countries is expected to drive the regional market over the forecast period.
Central & South America is expected to witness the highest growth of 6.5% from 2015 to
2022. Increasing meat consumption coupled with growing health awareness particularly
in Brazil is expected to drive the regional market.
Global amino acids market is highly competitive with presence of large scale and small
scale companies. Some major companies operating in the global amino acids market
include Ajinomoto Co., Cargill Inc., Evonik Industries AG, ADM, Prinova U.S. LLC,
Royal DSM. Other industry participants include Iris Biotech GmbH, Nanjing Liang
Chemical, Sunrise Nutrachem Group, Tokyo Chemical Industry, Novus International
Inc., Anaspec Inc., CJ Cheil Jedang Corporation and Adisseo France SAS.
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