Research Expert: Sarah Overall
  • Published: Feb 2025
  • Pages: 150
  • SKU: IRTNTR40821

  • Amino Acid Market Poised for Strong Growth from 2024 to 2028

    The Global amino acid market is projected to increase by USD 12.71 billion from 2024 to 2028, growing at a CAGR of 7.94%. This growth is primarily driven by the rising demand for sports supplements, fueled by increasing consumer awareness of health and fitness. Additionally, acquisitions and joint ventures among key players are reshaping the industry landscape. However, raw material price fluctuations pose a challenge for manufacturers.

    Global amino acid market 2024-2028

    For more details about the industry, get the PDF sample report for free

    Market Segmentation

    By Application

    • Animal Feed
    • Pharmaceuticals
    • Food and Beverages

    By Type

    • Plant-Based
    • Animal-Based

    By Geography

    • APAC
      • China
      • India
    • Europe
      • Germany
    • North America
      • Canada
      • US
    • South America
    • Middle East and Africa

    Market Drivers

    Growing Demand for Use in Sports Supplements

    Amino acids are essential for muscle growth and development, particularly for athletes. Branched-chain amino acids (BCAAs) like leucine, isoleucine, and valine are crucial for muscle recovery, endurance, and energy production. The increasing focus on preventive care and healthy living has driven demand for amino acid-based supplements in various forms, including:

    • Tablets
    • Powders
    • Drinks
    • Nutraceutical products
    • Functional beverages
    • Functional food

    Additionally, the rising demand for specialized pet diets has expanded the use of amino acids in the animal feed industry.

    Market Trends

    Increase in Acquisitions and Joint Ventures

    The industry is witnessing significant mergers and acquisitions aimed at expanding product portfolios and geographic reach.

    • August 2023: Ajinomoto Co., Inc. acquired Forge Biologics for USD 620 million to strengthen its presence in the market.

    This trend is expected to continue as companies seek to enhance their competitive advantage through strategic collaborations.

    Market Challenges

    Increase in Raw Material Prices

    The industry faces rising costs of essential raw materials, including:

    • Soybean oilseeds
    • Wheat
    • Corn
    • Cassava
    • Sorghum

    Price volatility and limited supply of these ingredients impact production costs and profitability. Additionally, regulatory requirements related to wastewater treatment and biomaterials disposal pose further challenges.

    Get more details by ordering the complete report

    Key Players

    • Ajinomoto Co. Inc.
    • Amino GmbH
    • Angus Chemical Co.
    • Archer Daniels Midland Co.
    • Aushadh Agri Science Pvt. Ltd.
    • Bachem AG
    • CJ CheilJedang Corp.
    • Daesang Corp.
    • Evonik Industries AG
    • Global Bio-Chem Technology Group Co. Ltd.
    • Kaneka Eurogentec SA
    • Kemin Industries Inc.
    • Kyowa Hakko Bio Co. Ltd.
    • Molkem Chemicals Pvt. Ltd.
    • Nagase and Co. Ltd.
    • Novasep Holding SAS
    • Otto Chemie Pvt. Ltd.
    • Sumitomo Chemical Co. Ltd.
    • The Taiwan Amino Acids Co. Ltd.
    • Wacker Chemie AG

    The amino acid market is expected to continue expanding, driven by strong consumer demand, strategic acquisitions, and advancements in nutraceuticals and animal feed

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