North America Amino Acids Market Growth, Size, Trends, Demand, Revenue and Future Outlook
North America Amino Acids Market Size- By Form, By Grade, By Type, By Source, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: CHEM2427 | Pages: 1 - 155 | Formats*: |
| Category : Chemical & Materials | |||
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.
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 |
| Regions covered | U.S., Canada, and Mexico |
| 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. |
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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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
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the North America Amino Acids Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Amino Acids Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Amino Acids Market
7. North America Amino Acids Market, By Form (USD Million)
7.1. North America Amino Acids Market Value Share and Forecast, By Form, 2024-20337.2. Solid7.3. Liquid
8. North America Amino Acids Market, By Grade (USD Million)
8.1. North America Amino Acids Market Value Share and Forecast, By Grade, 2024-20338.2. Pharma8.3. Food8.4. Cosmetic8.5. Others
9. North America Amino Acids Market, By Type (USD Million)
9.1. North America Amino Acids Market Value Share and Forecast, By Type, 2024-20339.2. Lysine9.3. Thymine9.4. Methionine9.5. Glutamic Acid9.6. Alanine9.7. Arginine9.8. Leucine9.9. Arginine9.10. Glycine9.11. Others
10. North America Amino Acids Market, By Source (USD Million)
10.1. North America Amino Acids Market Value Share and Forecast, By Source, 2024-203310.2. Plant-based10.3. Animal-based10.4. Synthetic
11. North America Amino Acids Market, By End User (USD Million)
11.1. North America Amino Acids Market Value Share and Forecast, By End User, 2024-203311.2. Agriculture11.3. Pharmaceutical11.4. Food and Dietary11.5. Supplement11.6. Others
12. North America Amino Acids Market Forecast, 2020-2033 (USD Million)
12.1. North America Amino Acids Market Size and Market Share
13. North America Amino Acids Market, By Form, 2020-2033 (USD Million)
13.1. North America Amino Acids Market Size and Market Share By Form (2020-2026)13.2. North America Amino Acids Market Size and Market Share By Form (2027-2033)
14. North America Amino Acids Market, By Grade, 2020-2033 (USD Million)
14.1. North America Amino Acids Market Size and Market Share By Grade (220-2026)14.2. North America Amino Acids Market Size and Market Share By Grade (2027-2033)
15. North America Amino Acids Market, By Type, 2020-2033 (USD Million)
15.1. North America Amino Acids Market Size and Market Share By Type (2020-2026)15.2. North America Amino Acids Market Size and Market Share By Type (2027-2033)
16. North America Amino Acids Market, By Source, 2020-2033 (USD Million)
16.1. North America Amino Acids Market Size and Market Share By Source (2020-2026)16.2. North America Amino Acids Market Size and Market Share By Source (2027-2033)
17. North America Amino Acids Market, By End Use, 2020-2033 (USD Million)
17.1. North America Amino Acids Market Size and Market Share By End Use (2020-2026)17.2. North America Amino Acids Market Size and Market Share By End Use (2027-2033)
18. North America Amino Acids Market, By Vertical, 2020-2033 (USD Million)
18.1. North America Amino Acids Market Size and Market Share By Vertical (2020-2026)18.2. North America Amino Acids Market Size and Market Share By Vertical (2027-2033)
19. North America Amino Acids Market, By Region, 2020-2033 (USD Million)
19.1. North America Amino Acids Market Size and Market Share By Region (2020-2026)19.2. North America Amino Acids Market Size and Market Share By Region (2027-2033)19.3. US19.4. Canada19.5. Mexico
20. Company Profile
20.1. ADM20.1.1. Company details20.1.2. Financial outlook20.1.3. Product summary20.1.4. Recent developments20.2. Adisseo20.2.1. Company details20.2.2. Financial outlook20.2.3. Product summary20.2.4. Recent developments20.3. CJ CheilJedang Corp.20.3.1. Company details20.3.2. Financial outlook20.3.3. Product summary20.3.4. Recent developments20.4. Evonik Industries AG20.4.1. Company details20.4.2. Financial outlook20.4.3. Product summary20.4.4. Recent developments20.5. FUFENG GROUP20.5.1. Company details20.5.2. Financial outlook20.5.3. Product summary20.5.4. Recent developments20.6. Kingchem Life Science LLC20.6.1. Company details20.6.2. Financial outlook20.6.3. Product summary20.6.4. Recent developments20.7. KYOWA HAKKO BIO CO., LTD.20.7.1. Company details20.7.2. Financial outlook20.7.3. Product summary20.7.4. Recent developments20.8. Merck KGaA20.8.1. Company details20.8.2. Financial outlook20.8.3. Product summary20.8.4. Recent developments20.9. NIPPON RIKA Co., LTD.20.9.1. Company details20.9.2. Financial outlook20.9.3. Product summary20.9.4. Recent developments20.10. Prinova Group LLC.20.10.1. Company details20.10.2. Financial outlook20.10.3. Product summary20.10.4. Recent developments20.11. Sichuan Tongsheng Amino acid Co., Ltd20.11.1. Company details20.11.2. Financial outlook20.11.3. Product summary20.11.4. Recent developments20.12. Sumitomo Chemical Co., Ltd.20.12.1. Company details20.12.2. Financial outlook20.12.3. Product summary20.12.4. Recent developments20.13. Sunrise Nutrachem Group Co.,LTD20.13.1. Company details20.13.2. Financial outlook20.13.3. Product summary20.13.4. Recent developments20.14. Others
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
North America Amino Acids Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
North America Amino Acids Market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
North America Amino Acids Market CAGR of XX% during the forecast period.
You can get the sample pages by clicking the link - Click Here
North America Amino Acids Market size is XX billion from 2024 to 2033.
North America Amino Acids Market Segment is covered By Self-monitoring Blood Glucose Devices, By Form, By Grade, By Type, By Source, By End Use.
The North America is anticipated to have the highest market share in the North America Amino Acids Market.
The key players in the market include 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.
Glutamic acid demand is rising as a result of rising packaged food consumption and rising awareness of the benefits of eating nutrient-rich foods.
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