According to Stratistics MRC, the Global Amino Acids market accounted for $4.5 billion in 2015 and is expected to grow at a CAGR of 8.60% to reach $8.02 billion by 2022. The factors such as increasing meat consumption and huge livestock production such as cattle, and swine are anticipated to propel the animal feed additives demand which in turn drives global amino acids market. Moreover, shift in trend towards dietary supplements consumption and increasing health consciousness among consumers is expected to fuel amino acids demand. However, tight supply of raw materials such as soybean, corn, and wheat is estimated to inhibit the market growth.
L-Glutamate was the dominating product and accounted for about 50% of the market volume in 2015. Plant-based raw materials segment is the major source of amino acids during the forecast period. Arrival of innovative plant based and animal based acids is anticipated to offer major opportunities to industry participants. Asia Pacific market dominated the global demand in 2015 and is anticipated to continue its supremacy over the recent years. Population growth and rising per capita disposable income, particularly in promising countries of Asia Pacific such as India and China are anticipated to boost animal feed additives demand which in turn drives amino acids market growth.
Browse full report with TOC @ http://www.acutemarketreports.com/report/amino-acids-global-market-outlook-2015-2022
Some of the key players in the amino acids market include Ajinomoto, Arkema, Divis Laboratories, Evonik Industries, H.J. Baker & Bro, Jinzhou Jirong Amino Acid, Novus International, Sisco Research Laboratories, Sumitomo Chemical, Vitamin Research Products, Cargill Inc, Royal DSM, Novus International Inc., Kyowa Hakko Bio. Co. Ltd., Shanxi Sciphar Hi-tech Industry Co. Ltd., Sunrise Nutrachem Group, and Kemin Europa.
Products of Amino Acids Covered:
View all reports of this category @ http://www.acutemarketreports.com/category/market-research
Active Pharmaceutical Ingredients (APIs)
Food & Beverages
For More Information Click Here – Acute Market Reports
About Acute Market Reports
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. Acute Market Reports provide online reports from over 100 best publishers and upgrade Acute Market Reports collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends. Acute Market Reports database consists of 200,000+ market research reports with detailed & minute market research.
Office No 01, 1st Floor,
Aditi Mall, Baner, Pune,
MH, 411045 India
Toll Free (US/Canada):
For Related Market Research Reports Visit http://www.briskinsights.com/report/global-fermentation-chemicals-market-forecast-2015-2022