Global Amino Acid Market Overview 2020-2024 | COVID-19 analysis, drivers, constraints, opportunities and threats | Technavio


LONDON–(COMMERCIAL THREAD) – The global amino acids market size is expected to grow by USD 10.80 billion during the period 2020-2024, growing at a CAGR of nearly 11% during the forecast period. Download a free sample report

One of the major factors propelling the growth of the market is the increase in the health awareness among the people.

The growing awareness of health among people has led to the increasing consumption of dietary supplements which help to maintain the daily dose of essential nutrients and proteins required by the body for good health. Additionally, consuming amino acid supplements helps recover from fatigue faster, improves endurance and mental focus, and reduces muscle pain. In addition, amino acids are also effective against metabolic syndromes. This encourages manufacturers to focus more on expanding their amino acid production facilities to meet the growing demand for amino acid supplements. This will subsequently influence the growth of the global amino acids market during the forecast period.

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Global Amino Acids Market: Application Landscape

Food additives are added to livestock feed for farm animals that need additional nutrients, such as amino acids, fatty acids, vitamins, and minerals, to grow at a healthy rate. In addition, the use of feed additives such as antioxidants, amino acids, vitamins, enzymes and probiotics prevents epidemics in livestock and improves the overall absorption and assimilation of feed. However, the market growth in this segment will be slower than the growth of the feed and food and beverage market.

Global Amino Acids Market: Geographic Landscape

APAC accounted for the largest amino acid market share in 2019, and the region will continue to offer maximum growth opportunities to the market vendors during the forecast period. Rising per capita income and increasing consumption of high protein foods will influence the growth in the size of the Amino Acids in APAC market. China, Japan and India are the main markets for amino acids in APAC. Market growth in this region will be faster than market growth in other geographies.

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Covered companies

  • Ajinomoto Co. Inc.

  • AMINO GmbH

  • Archer Daniels Midland Co.

  • Cargill Inc.

  • CJ CheilJedang Corp.

  • Daesang Corp.

  • Evonik Industries SA

  • Fufeng Group Ltd.

  • Global Bio-chem Technology Group Co. Ltd.

  • Kemin Industries Inc.

What our reports offer:

  • Market share assessments for regional and national segments

  • Strategic recommendations for new entrants

  • Covers market data for 2019, 2020, through 2024

  • Market trends (drivers, opportunities, threats, challenges, investment opportunities and recommendations)

  • Strategic recommendations in key business segments based on market estimates

  • Competitive landscaping mapping the main common trends

  • Company profiling with detailed strategies, financial data and recent developments

  • Supply chain trends mapping the latest technological advancements

Technavio offers three forecast scenarios (optimistic, probable and pessimistic) given the impact of COVID-19. Technavio’s extensive research has had a direct and indirect impact on COVID-19 market research reports.

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Amino Acids Market 2020-2024: Highlights

  • Market CAGR during the forecast period 2020-2024

  • Detailed information on the factors that will contribute to the growth of the Amino Acids market over the next five years

  • Estimated Amino Acids Market Size and Its Contribution to Parent Market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the amino acids market

  • Market competitive landscape analysis and detailed supplier information

  • Complete details on factors that will challenge the growth of Amino Acids Market, vendors

Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem

  • Market characteristics

  • Value chain analysis

  • Market segmentation analysis

PART 04: MARKET CALIBRATION

  • Market definition

  • Sizing of the 2019 market

  • Market outlook

  • Market Size and Forecast 2019-2024

PART 05: FIVE STRENGTH ANALYSIS

  • The bargaining power of buyers

  • Bargaining power of suppliers

  • The threat of new participants

  • The threat of substitutes

  • Threat of rivalry

  • State of the market

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application

  • Comparison by application

  • Animal Feed – Market Size and Forecast 2019-2024

  • Pharmaceuticals – Market Size and Forecast 2019-2024

  • Food and Beverage Market Size and Forecast 2019-2024

  • Market Opportunity By Application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHICAL LANDSCAPE

  • Geographic segmentation

  • Geographic comparison

  • APAC Market Size and Forecast 2019-2024

  • Europe – Market Size and Forecast 2019-2024

  • North America Market Size and Forecast 2019-2024

  • South America Market Size and Forecast 2019-2024

  • MEA – Market Size and Forecast 2019-2024

  • Main leading countries

  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market factors

  • Market challenges

PART 11: MARKET TRENDS

  • Increase in acquisitions and joint ventures

  • Growing use of amino acids as feed additives for animals

  • Extension of the application of amino acids in skin care products

PART 12: SELLERS LANDSCAPE

  • Overview

  • Landscape disturbance

  • Competitive scenario

PART 13: SUPPLIER ANALYSIS

  • Covered suppliers

  • Supplier ranking

  • Positioning on the supplier market

  • Ajinomoto Co. Inc.

  • AMINO GmbH

  • Archer Daniels Midland Co.

  • Cargill Inc.

  • CJ CheilJedang Corp.

  • Daesang Corp.

  • Evonik Industries SA

  • Fufeng Group Ltd.

  • Global Bio-chem Technology Group Co. Ltd.

  • Kemin Industries Inc.

PART 14: ANNEX

  • Research methodology

  • Abreviations list

  • Definition of the market positioning of sellers

PART 15: EXPLORE TECHNAVIO

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