Global Amino Acids Market demand was estimated at 6.19 million tons in 2013, with historical consumption propelled by l-glutamine and lysine’s application in dietary supplements and animal feed respectively.
Key amino acids used as animal feed ingredients include lysine, methionine, threonine, and tryptophan. Growth of these products is highly influenced by meat production trends. Asian markets which have been registering greater meat consumption volumes as a result of economic growth and evolving lifestyles are likely to yield high growth opportunities in future. Application Insights Animal feed, food & dietary supplements, and pharmaceuticals are major applications of amino acids which collectively account for 95% of the global consumption. Standardization of animal feed ingredient usage across various developing markets, particularly that of Asia, will provide impetus for producers to specialize their product offerings for feed industry. Furthermore, investments by feed manufacturers in Asia will likely give rise to the industry concentrating in Asia Pacific, specifically to better cater the regional demand. Regional Insights Asia Pacific was the dominant consumer and accounted for nearly half of the market value in 2015. The region’s growth is largely influenced by positive outlook on animal feed, pharmaceutical and nutraceutical manufacturing. Relatively lax regulatory structure across the regional markets have been influential in driving demand in the recent past. However, initiatives by governments to regulate the usage of ingredients (to avoid adverse effects due to the usage of dietary products, feed, and medicines) would drive the industry towards a mature and structure phase. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/amino-acids-market North America and Europe are characterized by high consumer awareness regarding the benefits of amino acids and considerable influence of regulatory bodies on industry participants. Mechanisms that protect manufacturing practices and safe movement of chemicals present a more mature state of the industry in these regions. Competitive Insights Industry competition is expected to remain high, in the near future, on account of M&As, strategic alliances, capacity expansions. For example, Ajinomoto acquired Althea Technologies in order to strengthen its position in biomedical business. Key manufacturers in the industry include Cargill Inc., CJ Cheil Jedang Corp., AnaSpec, Tocris Bioscience Ltd., Archer Daniel Midland, Royal DSM, Prinova U.S. LLC, and Evonik Industries AG. Market Segment: Global Amino Acids Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022) L-Glutamate Lysine Methionine Threonine Tryptophan
Leucine See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/food-and-beverage Global Amino Acids Source Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022) Plant based Animal based Global Amino Acids Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022) Animal Feed Food & dietary supplements Global Amino Acids Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022) North America Europe Asia Pacific Central & South America Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: firstname.lastname@example.org Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: email@example.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184