Business Club April 19th Global Industry Analysis (GIA) recently released a comprehensive report on the amino acid market: Amino Acids: Global Strategic Business Report. The report predicts that by 2015, the global amino acid market will reach US$11.6 billion; the increasing demand for amino acids in various terminal markets will promote the development of the market in the coming years. These end markets include animal feed, health food, and meals. Supplement products, artificial sweeteners, and cosmetics.
The amino acid market witnessed a drop in demand in 2008 and 2009, which was mainly due to the turmoil in the global economy. Market demand for various terminals, including animal feed, health foods, sweeteners, cosmetics, and preventive medicines, was in decline. This has had a negative impact on the development of the amino acid market during this period. However, with the gradual recovery of the economy and new demand in the terminal market, the amino acid market is expected to improve in the short term.
From a global perspective, animal feed additives are a major end market for amino acids. Various amino acids including lysine, methionine, tryptophan and threonine are used as feed additives. Methionine is an amino acid widely used in poultry feed and cattle feed. In recent years, the market for lysine has become increasingly clear as an amino acid additive in animal feed.
According to the "Amino Acids: Global Strategic Business Report", the Asia-Pacific region is the world's largest regional amino acid market, and this region even dominates the global stage of amino acid production. Over the past few years, the widespread use of sodium glutamate (MSG) has caused tremendous growth in the entire Asian-Pacific amino acid market. In addition, the increasing demand for amino acids in China's animal feed industry further enhances Asia’s dominance in the global amino acid market. However, in the next few years, the Latin American market will have the fastest growth rate, with a compound annual growth rate of 4.7%.
Glutamate is the largest product category in the amino acid market. Glutamate is a non-essential amino acid, but it plays a vital role in the cells to function effectively and remove excess nitrogen from the human body. It can also be used as a food additive.
In the amino acid field, lysine has the fastest growth rate. Lysine is a key additive in animal feed production. From a global perspective, competitive development is leading to increasingly fierce competition in the lysine market, of which China is gradually becoming an important market for lysine production. In the coming years, the lysine market is expected to grow at a compound annual growth rate of 5.4%.
R&D activities are crucial to the development of the amino acid market, as this will promote the discovery and development of new products and expand the end use of amino acids.
In the past years, R&D activities have made the application of amino acids in the healthcare and cosmetics markets continue to expand. In addition, due to continuous research and development efforts, it has become possible to use amino acids in nutritious foods and sports drinks. Although the pace of invention of new products has slowed down in recent years, the constant emergence of new uses has provided tremendous potential for the development of amino acids. In addition, as people are increasingly concerned about the health benefits of amino acids in certain aspects of the body, it is expected to open up new application channels for the market.
The amino acid market witnessed a drop in demand in 2008 and 2009, which was mainly due to the turmoil in the global economy. Market demand for various terminals, including animal feed, health foods, sweeteners, cosmetics, and preventive medicines, was in decline. This has had a negative impact on the development of the amino acid market during this period. However, with the gradual recovery of the economy and new demand in the terminal market, the amino acid market is expected to improve in the short term.
From a global perspective, animal feed additives are a major end market for amino acids. Various amino acids including lysine, methionine, tryptophan and threonine are used as feed additives. Methionine is an amino acid widely used in poultry feed and cattle feed. In recent years, the market for lysine has become increasingly clear as an amino acid additive in animal feed.
According to the "Amino Acids: Global Strategic Business Report", the Asia-Pacific region is the world's largest regional amino acid market, and this region even dominates the global stage of amino acid production. Over the past few years, the widespread use of sodium glutamate (MSG) has caused tremendous growth in the entire Asian-Pacific amino acid market. In addition, the increasing demand for amino acids in China's animal feed industry further enhances Asia’s dominance in the global amino acid market. However, in the next few years, the Latin American market will have the fastest growth rate, with a compound annual growth rate of 4.7%.
Glutamate is the largest product category in the amino acid market. Glutamate is a non-essential amino acid, but it plays a vital role in the cells to function effectively and remove excess nitrogen from the human body. It can also be used as a food additive.
In the amino acid field, lysine has the fastest growth rate. Lysine is a key additive in animal feed production. From a global perspective, competitive development is leading to increasingly fierce competition in the lysine market, of which China is gradually becoming an important market for lysine production. In the coming years, the lysine market is expected to grow at a compound annual growth rate of 5.4%.
R&D activities are crucial to the development of the amino acid market, as this will promote the discovery and development of new products and expand the end use of amino acids.
In the past years, R&D activities have made the application of amino acids in the healthcare and cosmetics markets continue to expand. In addition, due to continuous research and development efforts, it has become possible to use amino acids in nutritious foods and sports drinks. Although the pace of invention of new products has slowed down in recent years, the constant emergence of new uses has provided tremendous potential for the development of amino acids. In addition, as people are increasingly concerned about the health benefits of amino acids in certain aspects of the body, it is expected to open up new application channels for the market.
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