Commercial Amino Acids

The global amino acids market was $28.6 billion in 2022 and it should reach $38.8 billion by 2028 from $30.1 billion in 2023 at a compound annual growth rate (CAGR) of 5.2% for the forecast period of 2023 to 2028.

Report Includes

• 55 data tables and 44 additional tables
• An up-to-date overview and analysis of the global market for commercial amino acids
• Analyses of the global market trends, with historic market revenue data (sales figures) from 2020 to 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
• Highlights of the current and upcoming potential for three commercial amino acid markets, growth driving factors, and areas of focus to forecast this market into various segments and subsegments
• Estimation of the actual market size and revenue forecast for global amino acid market, and its corresponding market share analysis based on the type of product (amino acid), application, and region
• Updated information on key market drivers and opportunities, industry shifts and regulations, and other demographic factors that will influence the market demand in the coming years (2023-2028)
• A look at the major growth strategies adopted by leading players operating in the commercial amino acids markets, recent developments, strategic alliances, and competitive benchmarking
• Patent review and new developments, R&D activities, recent industry structure, and current state of the market for bio-based commercial amino acids
• Descriptive company profiles of the leading global players in the market, including Ajinomoto, Balchem, CJ Corp., Fufeng Group Ltd. and Zhejiang NHU Co. Ltd.

The U.S. amino acid market was valued at around $1.9 billion in 2016. This market will grow from nearly $2.0 billion in 2017 to $2.5 billion by 2022 with a compound annual growth rate (CAGR) of 4.8% for the period of 2017-2022.

Report Includes

• 60 data tables and 30 additional tables
• An overview of the market for amino acids
• Analyses of market trends, with data from 2016, 2017, and projections of compound annual growth rates (CAGRs) through 2022
• Identification of those amino acids with current or potentially greater commercial significance
• A look at how new production technology continues to make large-scale production of these products more economical
• Comprehensive profiles of leading companies in the industry

The U.S amino acids market reached $1.5 billion in 2012. This market is expected to grow to nearly $1.6 billion in 2013 and nearly $2 billion in 2018, a compound annual growth rate (CAGR) of 4.5%.

Report Includes

• An overview of the market for amino acids
• Analyses of market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018
• Identification of those amino acids with current or potentially greater commercial significance
• A look at how new production technology continues to make large-scale production of these products more economical
• Comprehensive profiles of leading companies in the industry.

The U.S. market for amino acids represents 20% of the global market with nearly $1.6 billion (in 2011), and is likely to exceed $1.8 billion by 2016, a compound annual growth rate (CAGR) of 2.8% between 2011 and 2016.

• The global market for protein drugs is expected to increase from an estimated $1.1 billion in 2008 to $1.3 billion in 2013, a compound annual growth rate (CAGR) of 2.9%.
• Amino acids used as flavorants generated an estimated $510.4 million in 2008. This segment should reach $588.2 million in 2013, for a CAGR of 2.9%.
• The animal feeds segment was worth $472.4 million in 2008. This is expected to reach $526.4 million in 2013, for a CAGR of 2.2%.

• The U.S. amino acid market will likely surpass $1.5 billion by 2005. Annual growth should be 3.3% on average per year (AAGR) while individual amino acids could see growth spurts.
• With anticipated 2005 U.S. annual sales exceeding $900 million, the animal feed supplements market will remain the largest market category for amino acids.
• The four amino acids used as food flavoring agents will account for more than $450 million in 2005.
• Sales of specialty amino acids used for feeding solutions, pharmaceuticals, biotechnology and medical applications, are expected to rise at an AAGR of 6.5% to about $150 million in 2005.

• Twenty amino acids go into making up the commercial amino acid market. This group plays many roles in a variety of fields including foods, animal feeds, cosmetics, medicines, and biotechnology as well as some industrial applications. In dollar terms, the most important current uses are in the animal feed industries and human food uses.
• The three primary categories of commercial amino acids in the U.S. represented a billion-dollar market for the first time in 1999. The U.S. amino acid market should again surpass the billion-dollar mark in 2000 as factories across the nation and around the world increase production and sales to meet a growing demand. The U.S. amino acid market will likely surpass $1.5 billion by 2005.
• With anticipated 2000 U.S. annual sales exceeding $800 million, the animal feed supplements market represents the largest market category for amino acids. Export sales of amino acid animal feed supplements will exceed $250 million.