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Global Amino Acid Market to Grow at a CAGR of 7.29% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Amino Acid market 2016 - 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 05/09/2016 -- Report forecast the global amino acid market to grow at a CAGR of 7.29% during the period 2016-2020.

Amino acids are organic compounds made up of amines (NH2) and carboxylic acid (COOH) functional groups. They act as building blocks of proteins and as metabolic intermediates. Amino acids are the core of all biological processes, as they are crucial for every metabolic process. Additionally, they aid in the development, repair, and maintenance of body tissues.

Even though the human body can produce some amino acids, it requires certain other essential amino acids that can only be obtained by consuming food rich in them. Amino acids such as lysine, methionine, and threonine are used as animal feed additives. Certain amino acids such as proline, glycine, and arginine are also used as ingredients in pharmaceutical products.

The report covers the present scenario and the growth prospects of the global amino acid market for 2016-2020. To calculate the market size, the report considers the consumption of amino acids in terms of volume in the following applications:
- Animal feed
- Food and dietary supplements
- Pharmaceuticals

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

According to the report, the demand for amino acids is driven by the increase in production of animal feed, which, in turn, is largely dependent on growing meat consumption. Global per capita meat consumption was around 91.05 pounds per capita in 2015, and it is anticipated to rise to 99.87 pounds per capita by 2030. The increased per capita global consumption of meat is due to the increase in the overall population, which is driving the global animal feed market, which, in turn, is the main impetus for increasing the production capacity and supply of amino acid-based animal feed products in the market.

Further, the report states that the prices of amino acids are influenced by market dynamics. These prices are directly affected by the changes in prices of raw materials and the demand for feed-use amino acids. Vendors in the market keep changing the prices of amino acids.

Global Amino Acid Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Amino Acid Market: Ajinomoto, Amino, Archer-Daniels-Midland, Cargill, CJ CheilJedang, Evonik Industries, and Sumitomo Chemical.

Other Prominent Vendors in the market are: Adisseo, Changzhou Yabang Chemical, Daesang, Fufeng Group, Glanbia Nutritionals, Global Bio-chem Technology Group, Iris Biotech, Jiahe Biotech, Kemin Industries, Kyowa Hakko Bio, Langen Suzhou, Novus International, Prinova Group, Royal DSM, and Sunrise Nutrachem Group.

Market driver
- Rise in global demand for meat
- For a full, detailed list, view our report

Market challenge
- Fluctuating amino acid prices
- For a full, detailed list, view our report

Market trend
- Expanding applications in skin care
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 72 pages and 45 Exhibit "Global Amino Acid market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by raw material, Market segmentation by application, Market segmentation by type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-amino-acid-market-2016-2020

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Global Antifouling Coatings Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-antifouling-coatings-market-2016-2020

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