North America Amino Acids Market Introduction and Overview
According to SPER Market Research, the North America Amino Acids Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the North America Amino Acids Market, including market size and trends, product mix, distribution channels, and supplier analysis. The building blocks of proteins are chemicals called amino acids. The basic constituents of life are proteins and amino acids. Nutrition for both humans and animals consists largely of amino acids. They play a crucial role in the manufacturing of hormones and neurotransmitters, among other essential bodily functions. They help with tinnitus, cancer and arthritis prevention, immune system nourishment, and the treatment of disorders of the rectal area. Amino acids are in greater demand these days because they help treat a variety of illnesses, including attention deficit hyperactivity disorder (ADHD), depression, sleep difficulties, smoking cessation, and premenstrual dysphoric disorder (PMDD). Red meat, shellfish, eggs, dairy products, and soy products are other foods high in amino acids.
- The first amino acid biostimulant, Ambition, is brought to the Chinese market by Bayer in December 2021. The product explores the potential for agricultural improvement so that crops might grow vigorously and with strong stress tolerance to produce high-quality and high-yield crops, which would assist farmers' harvesting practices, soil preservation, and consumer safety. Ambition is good in organic farming.
- A South Korean food production business called Daesang stated in October 2017 that it has successfully produced L-Histidine, a high-value amino acid, for the first time in the country. Fish with red flesh and external blue coloring have high levels of histidine. It is widely used in animal feed, nutritional supplements, and medications.
Market Opportunities and Challenges
Opportunities:
Increased Dietary Supplement Use Will Speed Up Demand for Amino Acids in the Market. Global demand for nutraceuticals is being driven by consumers' growing awareness of nutrition and health. A product that contains one or more dietary elements (such as vitamins, minerals, herbs, amino acids, and other substances) or their components is called a dietary supplement. These can be found in the form of pills, capsules, tablets, or liquids. Globally, people are beginning to favour amino acid supplements. Amino acid nitrogen is essential to human health. Furthermore, the growth of the amino acid market is being driven by the increasing use of glutamic acid in a variety of end-use industries, such as the food, pharmaceutical, and cosmetics sectors. This amino acid is essential for the production of proteins. In the food sector, glutamic acid can be used as a taste enhancer. Glutamic acid demand is rising as a result of rising packaged food consumption and rising awareness of the benefits of eating nutrient-rich foods.
Challenges: The growth and sustainability of the North American amino acid market are impacted by a number of challenges. The growing rivalry amongst market participants is one major obstacle. Price wars and shrinking profit margins result from the increased rivalry for market share brought about by more businesses entering the market. Manufacturers also face challenges from regulatory barriers and strict quality standards, which force businesses to spend in compliance strategies to fulfill changing regulatory requirements. Furthermore, because amino acids are frequently obtained from agricultural goods, the business is susceptible to changes in the price of raw materials. Raw material sourcing might be unreliable due to supply chain disruptions caused by geopolitical issues and climate change.
Market Competitive Landscape
The competitors have been identified in the competitive amino acid market in North America. The company's overview, financials, revenue, market potential, R&D investment, new market initiatives, presence in North America, production sites, and facilities are all contained in the details. Merck KGaA, Ajinomoto Co., Inc., KYOWA HAKKO BIO CO., LTD., Evonik Industries AG, ADM, Prinova Group LLC., NOVUS INTERNATIONAL, Qingdao Samin Chemical Co.,Ltd., PACIFIC RAINBOW INTERNATIONAL, INC., Daesang, Adisseo, and CJ CheilJedang Corp. are a few of the leading companies involved in the North American amino acid market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Form, By Grade, By Type, By Source, By End Use
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| Regions covered | U.S., Canada, and Mexico
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| Companies Covered | ADM, Adisseo, CJ CheilJedang Corp., Evonik Industries AG, FUFENG GROUP, Kingchem Life Science LLC, KYOWA HAKKO BIO CO., LTD., Merck KGaA, NIPPON RIKA Co., LTD., Prinova Group LLC., Sichuan Tongsheng Amino acid Co., Ltd, Sumitomo Chemical Co., Ltd., Sunrise Nutrachem Group Co.,LTD, and Others.
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COVID-19 Impact on North America Amino Acids Market
Due to the lack of travel limitations and the resulting ease of product availability, there is a greater need for health supplements and nutritious food products. Due to the disruption caused by COVID-19's prolonged persistence, it became more difficult to provide food products to consumers, which initially reduced demand for the products. But since COVID, there has been a noticeable rise in the market for health and wellness food items since people are now more aware of the long-term advantages of eating foods high in amino acids. As a result, there is a greater need for products containing amino acids.
Key Target Audience:
- Manufacturers and Suppliers
- Research and Development Professionals
- Nutraceutical and Pharmaceutical Industries
- Animal Feed and Agriculture Sectors
- Food and Beverage Companies
- Regulatory and Compliance Authorities
- Investors and Financial Institutions
- Healthcare Professionals
Our in-depth analysis of the North America Amino Acids Market includes the following segments:
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By Form: |
Solid
Liquid
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By Grade: |
Pharma
Food
Cosmetic
Others
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By Type: |
Lysine
Thymine
Methionine
Glutamic Acid
Alanine
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By Source: |
Plant-based
Animal-based
Synthetic
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By End User: |
Agriculture
Pharmaceutical
Food and Dietary
Supplement
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Key Topics Covered in the Report:
- North America Amino Acids Market Size (FY’2023-FY’2033)
- Overview of North America Amino Acids Market
- Segmentation of North America Amino Acids Market By Form (Solid, Liquid)
- Segmentation of North America Amino Acids Market By Grade (Pharma, Food, Cosmetic, Others)
- Segmentation of North America Amino Acids Market By Type (Lysine, Thymine, Methionine, Glutamic Acid, Alanine, Arginine, Leucine, Arginine, Glycine, Others)
- Segmentation of North America Amino Acids Market By Source (Plant-based, Animal-based, Synthetic)
- Segmentation of North America Amino Acids Market By End User (Agriculture, Pharmaceutical, Food and Dietary, Supplement, Others)
- Expansion Analysis of North America Amino Acids Market
- Problems and Obstacles in North America Amino Acids Market
- Competitive Landscape in the North America Amino Acids Market
- Impact of COVID-19 and Demonetization on North America Amino Acids Market
- Details on Current Investment in North America Amino Acids Market
- Competitive Analysis of North America Amino Acids Market
- Prominent Players in the North America Amino Acids Market
- SWOT Analysis of North America Amino Acids Market
- North America Amino Acids Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst