MarketAs stated in our extensive report, providing insights on type, livestock, and application, the Global Food Amino Acid Market accounted for USD 5.62 Billion in 2020.
Amino acid is a great source of proteins and plays a significant role in both human and animal bodies. In the human body, amino acid plays a vital role such as increasing metabolism, strengthening the immune system, protecting the kidney from side effects, and others. In the animal body, amino acid helps in the development of metabolic and biochemical processes in the cells of animals. Food Amino Acid Market is driven by various factors such as rising demand for amino acids for various dietary and nutraceuticals supplements, increasing use of amino acids as functional foods, and increased use of flavor enhancers.
The COVID-19 outbreak has affected various industries worldwide. Governments across the world took severe actions like border seals, lockdown, and implementing strict social distancing measures, in order to stop the swift spread of 10;COVID infection damages the human immune system. Additionally, it influences the steroid level and protein deficiency in the human body. That’s why it is recommended to take high protein after post covid to improve the immune system and to restore overall health.
The increasing demand for dairy products that contain high protein is accelerated the high growth of the food amino acid market. In addition, the potential importance of protein for healthy life maintenance has also propelled the demand of the food amino acid market in the near future. Furthermore, the exploitation of new application areas of amino acids has resulted in the remarkable development in amino acid production technology. Moreover, amino acid supplements are helpful in improving animal cell production capacity and animal health. This awareness towards the benefits of food amino acids in the animal body according to health perspective is fueling the Food Amino Acid Market demand in the coming years.
The Asia Pacific carries high food amino acid market share, owing to the high use of amino acids as flavor enhancers in the food industry. In addition, the availability of a large number of amino acid importers in this region is further fuel the demand for the food amino acid market. Also, the increasing awareness in consumers towards the use of nutritional and healthy products in diet is driving the food amino acid market demand in the region.
Some of the major players of the food amino acid market are Prinova Group LLC, Ajinomoto Co. Inc., Merck KGaA, Daesang Corporation, Royal DSM, Brenntag AG, Kemin Industries, Novus International, Inc., Sumitomo Chemical Co. Ltd, and AMINO GMBH, among others.
Recent Development:
- In Feb 2021, Amino GmbH opens new quality center in Frellstedt, district of Helmstedt.
- In July 2020, Amino GmbH has successfully registered another US DMF for the amino acid threonine with the American Food and Drug Administration (FDA).
- In February 2020, Amino GmbH invested $35m to meet increased supply and availability for the worldwide pharmaceutical and nutritional market and the growing demand of current customers with a specific focus on the American markets.