The global food amino acids market is expected to attain immense revenues by 2021, according to a report on Radiant Insights, Inc. It is projected to exhibit a steady CAGR throughout the forecast period (2012 to 2021). It is driven by factors such as glutamic-acid flavor enhancer, demand for amino-acid based products, and rising health concerns among consumers. Research on benefits of amino acids to enhance productivity is expected to positively impact the market.
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Amino acid supplements are a precursor to prevent occurrence of cardiovascular diseases, gastrointestinal disorders, and eye diseases. They are used by athletes to enhance their endurance in sports. Companies are currently investing money and efforts in developing technologies that can speed up production rate to cater to rising consumer demand. Reliance on meat consumption to increase protein intake is expected to play a major role in the growth of the market.
Recently, Nestlé filed a patent for its production method of incorporating amino acids in solid energy bars. This method is expected to eliminate any adverse effects of flushing and tingling. In another instance, Zanda LLC developed a new product, Reginator, which has the right mixture of amino acids. This supplement was targeted at astronauts to reduce muscle wastage during their prolonged stays in zero gravity.
The worldwide food amino acids market is segmented on the basis of type, source, application, and region. By type, the market is divided into methionine, tryptophan, glutamic acid, and lysine. The glutamic acid segment is expected to gain a major share in the market due to its inclusion as a flavor enhancer in various processed and convenience foods. Lysine demand is anticipated to witness global growth due to its enhancing qualities in dietary supplements.
Food amino acids depend on three major sources, namely animal, plant, and synthetic. The synthetic segment is gaining immense demand due to the high purity obtained in amino acid production. Plant-based amino acid production is also gaining traction due to the preference of products derived from natural ingredients. It has application in infant formula, nutraceuticals, and various foods and beverages.
Major applications include convenience foods, food fortification, infant formula, and nutraceutical and dairy supplements. The nutraceutical and dairy supplements segment is estimated to emerge as the largest application due to immense health benefits presented by amino acids.
By geographical segmentation, the market is divided into Europe, North America, Asia Pacific (APAC), and Rest of the World (RoW). APAC is estimated to dominate the global food amino acids market due to high product demand for human consumption and burgeoning geriatric population. Brazil and Japan are expected to display immense demand due to health consciousness among consumers in these countries. Infant formula manufacturers in China are expected to witness tough times due to pending approval of its products by the Chinese Food & Drug Administration (CFDA). Local players are replenishing their existing stock to overcome a new hurdle, which allows approval of only nine products from any infant formula enterprise.
Key market players include Sigma-Aldrich, Co. LLC; Evonik Industries AG; Rochem International Inc.; Qingdao Samin Chemical Co., Ltd.; and Brenntag AG.
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