Infinium Global Research Amino Acid Market | Page 3

Amino Acid Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023 We have produced a new premium report Amino Acid Market. The report covers the analysis of global as well as regional markets of Amino Acid. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Amino Acid Market by product type(L-glutamate, Lysine, Methionine, Tryptophan, Threonine, Glutamine, Valine, Creatine, Proline, Serine), source(Plant based and Animal based), application(Animal feed, Food & dietary supplements, Pharmaceutical) through main geographies in the Global Amino Acid Market such as North America, Europe, Asia-Pacific and RoW. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Amino Acid Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Amino Acid Market are Fufeng Group Company Ltd., Sunitomo Chemical Company Ltd., Royal DSM, Novus International Inc., Amino GmbH and Kyowa Hakko Bio Company Ltd. For More Details Get Free Few Sample Pages of this Premium Report: - https://www.infiniumglobalresearch.com/reports/sample-request/754 The global amino acid market was sized over USD 4.88 billion in 2015. The global amino acid market is projected to grow with a CAGR between 6.0% and 6.5% during 2017-2023. Increasing animal feed additive demand on account of regulating metabolism in livestock production owing to growing meat consumption is the prime factor driving the global amino acid market. Moreover, growing health consciousness among the consumers and shifting trends towards the dietary supplements consumption for protein intake will drive the amino acid market across the globe over the forecast period. Furthermore, increasing demand for the products of amino acid from food & beverages industry such as I-glutamate due to its flavor enhancement properties is also anticipated to drive the global amino acid market over the forecast period. However, increasing raw material prices and lack of awareness among consumers from underdeveloped region are the key factors restraining the growth of amino acid market globally. Nevertheless, high demand of amino acid from expanding applications such as pharmaceutical, cosmetics, food & beverages and nutritional supplements industry © Infinium Global Research Page 3