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Food Amino Acids Market by Application, Type, Source, and Region - Global Forecast to 2022

Food Amino Acids Market: Global Forecast until 2022

  • March 2017
  • 142 pages
  • ID: 4804571
In this report:
According to Food and Drink Federation, the food & beverage manufacturing industry was one of the largest markets in the U.K. with a value of about USD ## billion (EUR ## billion) in 2013.
The food amino acids market, by application, in RoW, accounted for a revenue of USD ##.## million in 2015 and is expected to reach USD ##.## million by 2022 at a CAGR of ##.##% from 2016 to 2022.

Summary

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"The food amino acids market is estimated to rise at a compound annual growth rate of 7.80 percent"

The food amino acids market is estimated to grow ~$6.8B by 2022 at a Compound annual growth rate of 7.80 percent, from 2016 to 2022. The industry is influenced by Elements such as growing demand for healthy and nutritious food, increasing concerns of consumers concerning healthy lifestyles, increasing demand for processed and convenience foods, and increasing demand for innovative food & beverage products due to changing consumer trends. Elements such as high cost engaged in Research&development activities & production and stringent regulations are selecting the sector.

"The phenylalanine segment is forecasted to be the quickest increasing market, by category, during the review period

Monosodium glutamate or sodium salt of glutamic acid is widely used as a food additive in the food market. It is used in several food products including snacks, savory dishes, and ready-to-eat products. Rise of convenience foods market is boosting the market demand for glutamic acid. Therefrom, the industry demand for the glutamic acid market is anticipated to expand significantly during the forecast period, due to increase in application of glutamic acid as a flavor enhancer along rise in population, high disposable income, increase in demand for ready-to-eat food, and superior quality of food. Phenylalanine, on the other hand, is the quickest developing market due to its wide usage in the manufacturing of food and drink products which are sold as nutritional supplements for their reputed analgesic and antidepressant effects. Phenylalanine is a direct precursor to the neuromodulator phenethylamine, which is a commonly used dietary supplement.

"Asia-Pac to lead the industry in terms of market share between 2016 and 2022"

The sector for food amino acids in the Asia-Pac region is expected to be the biggest, in 2016. China (CN) is projected to dominate the industry for food amino acids globally as well as regionally. The Asia Pacific (APAC) area has a big market for food & beverages; the improved standard of living due to the growth in the income levels is one of the main factors driving the food & beverage market rise in this area. The food sector has contributed significantly to the regional increase.

The breakdown of the primaries on the basis of the company type, description, and area, conducted during the business research study, is mentioned as follows:

By Company Type: Tier 1 - 60.0 percent, Tier 2 - 25.0 percent, and 1/3 3 - 15.0 percent

By Designation: Director Level - 35.0 percent, C Level - 40.0 percent, and Others - 25.0 percent

By area: Asia-Pacific - 40.0 percent, Europe - 30.0 percent, North america (NA) - 20.0 percent, and rest of the world - 10.0 percent

Top players are like follows:

The overall food amino acids market is leaded by, is monopolized by main players including Ajinomoto Co. Inc., Kyowa Hakko Kirin Group, Evonik Industries , Sigma-Aldrich, Co. LLC, Prinova Group LLC, and Daesang Corporation.

Segment Research

The food amino acids market, on the basis of class, includes glutamic acid lysine, tryptophan, methionine, phenylalanine, and others (leucine, aspartic acid, threonine, histidine, and tyrosine). On the basis of source, the sector is divided into plant-based, animal-based, and synthetic. On the basis of application type, the sector is divided into nutraceuticals & dietary supplements, infant formula, food fortification, convenience foods, and others. On the basis of area, the sector is divided into North America, Europe (EU), Asia Pacific (APAC), and the Rest of the globe.

Why acquiring this study can help you

From an insight prospect, this market research has emphasized several levels of analyses - industry and company descriptions, which together comprise and examine the basic overviews on the competitive landscape-emerging and high-growth segments of the overall food amino acids market, high-growth areas, and sector drivers, market restraints, and alternatives.

The market research offers business insights on the following:

- Business entry: Exhaustive information on food amino acids products provided by key players in the overall market.

- Product improvement/Innovative products: In-depth understanding on upcoming equipment products, technologies, analysis & growth activities, and recent product launches in the food amino acids market.

- Industry development: Highlighted information about profitable emerging sectors.

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall food amino acids market.

- Opposing assessment: In-depth assessment of market share, strategies, products, and manufacturing competences of key players in the overall food amino acids market.

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