Amino Acids Market

Amino Acids Market Snapshot (2023 to 2033)

The global Amino Acids Market is projected to attain a valuation of USD 27.5 billion in 2023 and is expected to reach USD 63.4 billion by 2033.

A CAGR of 8.7% is expected for the market during the 2023 to 2033 forecast period. Amino acids can be used to cure mental exhaustion, which is why there is an increasing demand for it from the food, pharmaceutical, and nutraceutical industries.

The spread of the virus raised consumer demand for products that promote immunity, which in turn increased demand for amino acids.

As they help with ailments like depression, sleep difficulties, premenstrual dysphoric disorder (PMDD), quitting smoking, bruxism, and attention deficit hyperactivity disorder (ADHD), the need for amino acids is rising.

Due to their greater availability and concentration of amino acids, plant-based raw materials including soybean, wheat, and corn are becoming more and more popular.

Amino acid key market participants are implementing forward and backward integration methods targeted at obtaining a high-quality and steady supply of raw materials in order to maintain a consistent supply of raw materials for production.

These moves toward vertical integration give businesses more assurance regarding the availability of raw materials and present them with chances to create novel goods using current raw resources, improving the amino acid market outlook.

The development of proteinogenic amino acids, which are incorporated into proteins during translation and increase amino acid sales, was greatly aided by advances in biotechnology.

Report Attribute	Details
Expected Market Value (2023)	USD 27.5 billion
Anticipated Forecast Value (2033)	USD 63.4 billion
Projected Growth Rate (2023 to 2033)	CAGR 8.7%

What Drives the Growth of the Amino Acids Market?

Customer's awareness of their health has increased, along with the need for nutritious food. This has compelled manufacturers of food and beverages to create items enhanced with essential nutrients, such as amino acids, which has increased customer demand for amino acids.

Bodybuilders and athletes are also drawn to protein-rich foods in order to improve their performance and support muscle building.

Sports supplements include things like energy drinks, nutrition bars, low-carb diets, and nutritional supplements, enhancing the amino acid market share.

Aside from that, amino acids are added to animal feed to meet the animals' protein needs. As biotechnology advances, the production of proteinogenic amino acids, which are incorporated into proteins during translation, has considerably benefited. These variables are anticipated to fuel the amino acid market size.

What are the Recent Amino Acid Market Trends?

Demand for items with nutritional value that don't fluctuate, like minerals and calcium, has led to a variety of products is available on the market, which is propelling the expansion of the amino acids market.

The growth of the amino acids market is being driven by an increase in international sporting events and improved awareness of the physiological benefits of amino acids on muscle growth.

The government's severe rules on products containing amino acids and the high cost of storage are expected to limit the expansion of the amino acids market.

Nevertheless, rising consumer expenditure and purchasing power due to rising disposable income are anticipated to create profitable opportunities for the amino acids market throughout this period.

The technology utilized to generate amino acids has advanced significantly as a result of the exploitation of new application areas and the growing amino acid markets. In industry, amino acids are used as intermediate precursors to make antibiotics.

Animal nutrition supplements are made of amino acids to boost animal health and productivity, which expands the demand for amino acids. A lot of techniques using biotechnology are used to make amino acids.

Although biotechnology-based production requires a lot of resources, it provides several opportunities in the amino acids market. The application of contemporary biotechnology boosts amino acid output yield.

Red meat, shellfish, eggs, dairy products, quinoa, and soy products are all rich sources of amino acids. They are advantageous for boosting the immune system, battling cancer and arthritis, and treating tinnitus and rectal conditions.

Due to these benefits, the amino acid market share is expanding. This FMI report provides an analysis of the most recent amino acid trends and opportunities in each of the sub-segments from 2022 to 2032, as well as estimates revenue growth of the global amino acid market.

Category-wise Analysis

Which Raw Material is leading the Amino Acid Market?

Due to the growing consumer preference for products with naturally sourced ingredients, plant-based raw materials had the biggest amino acid revenue share of 86.6% in 2022 and are anticipated to increase at the fastest rate.

The plant-based raw materials are expected to generate amino acid sales with a CAGR of 9% during the forecast period.

Soybean, wheat, corn, potatoes, and peas are examples of plant sources. Due to its high consumption and widespread production, soybean is being used for the product's commercial development.

Which Product has the Largest Amino Acid Market Share?

L-glutamate had the highest amino acid volume share of 47.9% in 2022 and is expected to lead the market while growing at a CAGR of 8.8% during the forecast period.

During the forecast period, rising consumer demand for processed food products and increasing product penetration in animal feed are anticipated to fuel product demand for amino acids.

Since it is an important amino acid, the demand for lysine has recently increased significantly. Increasing product demand from businesses that produce animal feed and rising consumer use of nutritional supplement formulations are both anticipated to boost lysine demand over the course of the forecast period.

Which Application has the Highest Potential in the Amino Acids Market?

With an amino acid volume share of 56.8% in the food and dietary supplements application in 2022, it is expected to continue to lead the market over the forecast period. The food and dietary supplements are expected to generate amino acid demand with a CAGR of 9.4% during the forecast period.

In the food processing sector, amino acids are utilized as flavor enhancers, preservatives, and nutrition boosters. As flavor and taste enhancers, glycine and alanine are frequently used.

The amino acid market segment for animal feed is anticipated to increase at the quickest rate over the anticipated period. Amino acids are utilized as additions in animal feed formulations to support animal development and reproduction, as well as their need for protein.

Amino acid supplementation increases feed conversion efficiency, resulting in decreased feed expenditures per unit of weight gain produced. The amount of amino acids needed also changes depending on the species and stage of animal development.

Which is the Leading Segment in the Amino Acid Market by Livestock?

According to FMI, the amino acid market’s poultry segment has a revenue share of 42% in 2022 and is predicted to increase at a CAGR of 8.5% during the forecast period. Broilers, turkeys, ducks, and chickens make up the poultry market.

The poultry feed market is anticipated to be driven by rising demand for chicken and broiler meat in nations like the USA, Russia, and Mexico. This leads to increased use of feed additives, such as amino acids like lysine and arginine.

Region-Wise Insights

What is the Outlook of the Amino Acid Market in Asia?

With a 48.9% share in 2022, the amino acid market was most successful in the Asia Pacific. The sales of amino acids in the region is projected to increase with a CAGR of 9.6% during the forecast period.

During the projected period, the area is anticipated to experience the fastest revenue-based growth. The rise in consumer spending in the area, the spread of a healthy lifestyle, and the quick growth of end-use sectors like pharmaceutical, nutraceutical, personal care, and cosmetics can all be credited with this.

The amino acid regional market is expected to increase as a result of the rising production of amino acids and rising exports of feed additives from important nations like China and Japan.

Amino acids are mostly utilized to treat liver and cardiovascular conditions, as well as to lessen muscular exhaustion and deterioration. Demand for amino acids is high in the aforementioned nations due to the expanding populations in emerging markets like China and India, as well as the presence of a young population.

What is Europe’s Growth Outlook in the Amino Acid Market?

Over the past few years, the consumption of meat has surged in European nations like Germany, the United Kingdom, France, and Italy. The market in this region is expected to grow with a CAGR of 8.6% during the forecast period.

The Europe amino acid market is anticipated to be driven by the expanding use of animal feed additives that contain a proportionate amount of well-known amino acids, such as lysine, methionine, and threonine, for enhancing animal development performance.

In addition, increased demand for premium meat and meat products is likely to drive the amino acid market for feed additives in the area, which is anticipated to drive the adoption of amino acids in the feed sector.

Start-ups in the Amino Acids Market

Start-ups are crucial in identifying growth prospects and fostering industry growth, thanks to their ability to efficiently convert inputs into outputs and adapt to volatile market conditions. Within the amino acids market, numerous start-ups are actively involved in manufacturing and offering related services.

• Arkeon is a developer of protein ingredients by capturing carbon and converting it into proteinogenic amino acids through a bioprocess fermentation method.
• Aeglea specializes in developing innovative treatments for inborn errors of metabolism and cancer using engineered human amino acid degrading enzymes. Their lead program, AEB1102, aims to lower elevated arginine in the blood as enzyme replacement therapy for Arginase 1 deficiency and treatment of arginine-dependent tumors.
• Impossible Foods is an online platform that offers a variety of plant-based meat products, including burgers, pork, and sausage. Their products are made using plant-based ingredients, such as fats, amino acids, and vitamins, which provide the texture and taste of traditional meat.

Competitive Landscape

The market for amino acids is characterized by extreme competition, as key industry players are making significant investments to improve their manufacturing capabilities.

The key industry players are Ajinomoto Co., Inc., KYOWA HAKKO BIO CO., LTD., Evonik Industries AG, AMINO GmbH, Taiwan Amino Acids Co. Ltd., ADM Company, Cargill, Incorporated, DAESANG CORPORATION, Fufeng Group Company Limited, Iris Biotech GmbH, RSP Amino Acid LLC, Sumitomo Chemical Co., Ltd.

Some recent developments in the amino acids market are :

• In May 2022, Abbott announced the release of limited quantities of EleCare® specialty formulas.
• In July 2021, Ajinomoto launched an amino acid supplement with clinical study and randomized controlled trial (RCT) support, aiming to reduce the risk of cognitive decline in healthy middle-aged and older individuals with memory loss.
• In January 2022, Bayer AG announced the launch of Ambition, a novel amino acid-based medication tailored for the Chinese market.
• On February 2, 2021, Evonik showcased an expanded portfolio of products and services at the digital EuroTier event.

Report Scope

Report Attribute	Details
Market Value in 2023	USD 27.5 billion
Market Value in 2033	USD 63.4 billion
Growth Rate	CAGR of 8.7% from 2023 to 2033
Base Year for Estimation	2022
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Quantitative Units	Revenue in USD billion and CAGR from 2023 to 2033
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Raw Materials, Application, Livestock, Product, Region
Regions Covered	North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East and Africa
Key Countries Profiled	United States, Canada,Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Czech Republic, Romania, Poland, Russia, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa,Israel
Key Companies Profiled	Ajinomoto Co., Inc.; KYOWA HAKKO BIO CO., LTD.; Evonik Industries AG;AMINO GmbH; Taiwan Amino Acids Co. Ltd.; ADM Company; Cargill, Incorporated; DAESANG CORPORATION; Fufeng Group Company Limited; iris Biotech GmbH; RSP Amino Acid, LLC; Sumitomo Chemical Co. Ltd.
Customization & Pricing	Available upon Request

Key Segments Profiled in the Amino Acids Market Industry Survey

By Raw Material :

• Plant-Based
• Animal Based

By Application :

• Animal Feed
• Food & Dietary Supplements
• Pharmaceutical

By Livestock :

• Swine
• Poultry
• Cattle
• Others

By Product :

• L-Glutamate
• Lysine
• Methionine
• Threonine
• Tryptophan
• Leucine
• Iso-Leucine
• Valine
• Glutamine
• Arginine
• Glycine
• Phenylalanine
• Tyrosine
• Citrulline
• Creatine
• Proline
• Serine
• Others

By Region :

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and Pacific
• East Asia
• Middle East and Africa

Frequently Asked Questions

Which Raw Material Type Holds Lucrative Opportunities?

The plant-based raw material holds high revenue potential.

Which Countries Dominate the Amino Acids Market?

China, Japan, and Germany is estimated to dominate the global market.

What is the Growth Forecast for the Amino Acids Market?

The market is forecast to register a CAGR of 8.7% through 2033.

How is the Historical Performance of the Amino Acids Market?

During 2018 to 2022, the market registered a CAGR of 8.7%.

Which is the Top Trend in the Amino Acids Market?

The rising demand for nutritional value food are the current market trends.