Market Size of Food Amino Acids Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.56 % |
| Fastest Growing Market | North America |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Food Amino Acids Market Analysis
The Food Amino Acid Market is projected to register a CAGR of 6.56% during the forecast period.
The increasing demand for amino acids as functional foods, coupled with the rising adoption of glutamic acid as a flavor enhancer in various foods and beverages, is likely to propel the market's growth over the next few years. The wide range of applications of amino acids, ranging from flavor development and preservation to acting as a nutritional component or building block of protein to specialty ingredients, such as aspartame, is expected to drive the market.
Additionally, the increase in demand for amino acids for various nutraceutical and dietary supplements, owing to the health benefits offered by amino acids, is expected to fuel the demand for amino acids during the forecast period. The use of lysine in dietary supplements is expected to boost the market's growth as well. The increasing demand for amino acids particularly, L-lysine and glutamic acid have triggered the fact that meeting the production demand with cost-effective raw material and recovery process is likely to be challenging in the upcoming years. The requirement of specific substrates in the enzymatic method limits the competitiveness of the method, as it is primarily dependent on the cost of manufacturing the substrate. Individual protein requirements, completeness/ amino acid profiles, the importance of other protein components, and new sources for protein consumption remain some of the prominent factors that companies are working on to target untapped markets. With several research & development activities, amino acids have been found to have multiple functional benefits in human nutrition. For example, glycine has been found to improve sleep quality; and leucine for its role in muscle protein synthesis, thus contributing to longer healthy life expectancy in the elderly population.
Additionally, in 2021, Ulrick & Short, a manufacturer of ingredients, added a new protein to its lineup to enable foods to have comprehensive amino acid profiles in addition to fortification. The increase in the international sporting event has also led to increased attention on the physiological effects of amino acids (BCAAs) on muscles- which is likely to offer a potential opportunity to amino acid ingredient manufacturers. There are products in the market, based on the physiological effects of amino acids, and are targeting as well as positioning their product of both recreational and professional athletes.
