Global Food Amino Acid Market: Key Highlights
Global Food Amino Acid Market: Key Market Dynamics
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Global Food Amino Acid Market: Regional Overview
North Americais anticipated to witness prominent growth in food amino acid market owing to the consumer inclination towards protein-rich dietary supplements. According to the Council for Responsible Nutrition, 77% of U.Spopulation consumes dietary supplements. Thus, growing consumption of dietary supplements coupled with rising disease prevalence, increasing health-conscious people and increasing sports activities has expected to surge the demand for food amino acid in the region.
The Asia-Pacific is anticipated to witness the largest growth in food amino acid market during the forecasted period. Dietary amino acids are one among the key ingredients within the dietary supplement development cycle. The assembly of dietary supplements is progressively growing within the Asia-Pacific region's emerging economies. Additionally, the consumption of dietary supplements is increasing at a fast pace, particularly in China, India, and alternative developing economies, which has anticipated to propels the expansion of the demand for food amino acids in the region.
Global Food Amino Acid Market: Key Players Overview
Ajinomoto Co., Inc. isone of the largest manufacturers of amino acid globally. The company operates through Japanese food products, international food products, life support, and healthcare business segment.Ajinomoto Co., Inc. has a strong geographical presence with 121 manufacturing plants and has a strong sales network in over 130 countries across the globe. In June 2019, the company has constructed a new plant for the production of Amisoft (Liquid), an amino based surfactants. This will help the company to increase its production by 60%.
ADM Animal Nutrition is a US-based company engaged in manufacturing and marketing wide range of products for the animal nutritions. The Company operates through three business segment including, speciality ingredients, premixes & blending, and feed business segments. Aquafeed products are offered by ADM through speciality ingredients business segment. ADM Animal Nutrition has its manufacturing facilities located in Canada, U.S., Mexico, Puerto Rio, and China and has a distribution network in North America, Latin America, Asia Pacific, and Europe.
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