Food and Beverages
Global Food Amino Acids Market was valued at USD XX Billion in the year 2017. Global Food Amino Acids Market is further estimated to grow at a CAGR of XX% from 2018 to reach USD XX Billion by the year 2023. The North America region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level, US, China are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development.
Ajinomoto Co., Inc. (Japan), Kyowa Hakko Kirin Group (Japan), Evonik Industries (Germany) are the key players in this market.
Rising Demand for Glutamic Acid as Flavor Enhancer
High Cost Involved in R&D Activities
Growing Demand in Emerging Economies
Increasing Usage of Multi-Page Labeling
The Global Food Amino Acids Market is divided as By Type, Source, Application, and Region.
By Type, it is divided into Glutamic Acid, Lysine, Tryptophan, Methionine, Phenylalanine and other types. The glutamic acid segment is estimated to lead the food amino acids market. 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 an increase in awareness among consumers toward products with nutritive ingredients is expected to escalate the demand for food amino acids in the future.
By Source, it is divided into Plant-Based Amino Acids, Animal-Based Amino Acids and Synthetic Amino Acids in which 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.
By Application, it is divided into Nutraceuticals & Dietary Supplements, Infant Formula, Food Fortification, Convenience Food and others in which the Nutraceuticals & Dietary Supplements account for the largest market share and is expected to grow at a moderate CAGR of XX% in the coming years.
Key Benefits for Stakeholders
Amino acid manufacturers
Amino acid importers and exporters
Traders, distributors, and suppliers
Functional foods and nutraceuticals & dietary supplement manufacturers
Convenience foods and snack manufacturers
Plant-Based Amino Acids
Animal-Based Amino Acids
Synthetic Amino Acids
Nutraceuticals & Dietary Supplements
Key Market Players
Ajinomoto Co., Inc.
Kyowa Hakko Kirin Group
Prinova Group LLC
Shaoxing Yamei Biotechnology Co., Ltd
Qingdao Samin Chemical Co., Ltd.
Hugestone Enterprise Co., Ltd.
(A brief overview of 10 companies is also provided)
Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
220.127.116.11. Key Data from Secondary Research
2.1.2. Primary Research
18.104.22.168. Key Data from Primary Research
22.214.171.124. Breakdowns of Primary Interviews
2.2. Market Size Estimation
2.2.1. Bottom-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process
2.3. Data Triangulation
2.4. Research Assumptions
3. Executive Summary
4. Market Overview
4.7. Supply Chain/Value Chain Analysis
4.7. Patent & Standards
5. Industry Trends
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Global Food Amino Acids Market, By Type
6.1 Glutamic Acid
6.6 Other Types
7. Global Food Amino Acids Market, By Source
7.1 Plant-Based Amino Acids
7.2 Animal-Based Amino Acids
7.3 Synthetic Amino Acids
8.1 Nutraceuticals & Dietary Supplements
8.2 Infant Formula
8.3 Food Fortification
8.4 Convenience Food
9. Geographical Analysis
9.2. North America
9.4. Asia Pacific
9.4.1. South Korea
9.5.1. Latin America
9.5.2. Middle East and Africa
10. Company Profiles
10.1 Ajinomoto Co., Inc.
10.2 Kyowa Hakko Kirin Group
10.3 Evonik Industries
10.5 Prinova Group LLC
10.6 Daesang Corporation
10.7 Shaoxing Yamei Biotechnology Co., Ltd
10.8 Qingdao Samin Chemical Co., Ltd.
10.9 Hugestone Enterprise Co., Ltd.
10.10 Brenntag AG
(A brief overview of 10 companies is also provided)
11. Competitive Analysis
11.2. Market Positioning of Key Players
11.3 Competitive Strategies Adopted by Leading Players
11.3.1. Investments & Expansions
11.3.2. New Product Launches
11.3.3. Mergers & Acquisitions
11.3.4. Agreements, Joint Ventures, and Partnerships
12.2. Available Customizations
12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)
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