Amino Acids Market Size, Share & Trends Analysis Report By Raw Material (Plant-based, Animal-based), By Product, By Application, By Livestock In Animal Feed, By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global amino acids market size was valued at USD 25.21 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.4% from 2023 to 2030. This is attributable to increased consumer spending capacity and growing awareness among individuals regarding healthy lifestyles and preventive care. Amino acids are used in health supplements to reduce muscle pain, and fatigue, and lower the risk associated with cardiovascular diseases. They are also gaining popularity in nutritional sports supplements. Many athletes prefer consuming amino acids-based supplements in the form of tablets, powders, and drinks for muscle growth. Nutraceutical products are segmented into functional beverages, functional food, and dietary supplements.

In the animal feed industry, amino acids are used as bioactive supplements as they offer several health benefits to animals. They are also used as critical ingredients in pet food products and veterinary supplements to enhance food digestibility and thereby strengthen the immune system. Feed-grade amino acids are in demand as their consumption improves the activities & health of animals and offers better joint mobility. The animal feed industry is expected to witness a high demand for feed-grade amino acids owing to the increasing aging-pet population, unique dietary requirements, and specialized diets. The growing adoption of pets in households across several countries is expected to drive the demand for pet food, in turn, driving the demand for amino acids in the pet food industry.

Raw materials used for amino acid production including soybean oilseeds, wheat, and corn have been witnessing price volatility over the past few years. This trend is expected to continue over the forecast period owing to increasing consumption of raw materials for other food production, resulting in limited supply for amino acid production. Short-term factors such as increasing energy prices are among the other hurdles leading to a shortage of raw materials for amino acids production. In developing economies, manufacturers are often forced to create amino acids from low-quality alternative ingredients such as cassava or sorghum. Such alternative ingredients are less digestible compared to corn and soybean.

The COVID-19 pandemic has resulted in increasing demand for amino acids in 2020, due to the fact that the pharmaceuticals and food industry were considered essential commodities. Dietary supplements were also on rise due to awareness among the people to boost their immunities.

Product Insights

L-Glutamate dominated the market with the highest revenue share of 42.3% in 2022. This is attributable to its wide utilization as a flavor enhancer, nutritional supplement, and feed additive. This is used as a raw material for producing organic chemicals. In the food & beverages industry, sodium salt of l-glutamate which is commonly called seasoning salt is extensively used to enhance food palatability. The surging demand for processed food products, along with increasing usage of l-glutamate in animal feed, is projected to fuel the growth of l-glutamate segment of the market in the coming years.

Lysine is the second largest product segment with a revenue share of 23.3% in 2022. The demand for lysine is mainly driven by the growth of dietary supplements market worldwide. Apart from human consumption, this is also a popular additive for animal feed. It is extensively used for the deposition of proteins in the body. The quantity of lysine consumed daily influences the growth of animals. The alteration in the concentration of dietary lysine used in animal feed enhances the growth of animals, and feed quality. The rising demand for lysine from animal feed manufacturers, coupled with the surging consumption of dietary supplements, is expected to augment the global demand for lysine over the forecast period.

Application Insights

The food & dietary supplements application segment dominated the market with a revenue share of more than 29% in 2022. Amino acids are used to increase the nutritive value of food products. Products such as lysine and methionine are used in bread and soy products, respectively. Increased demand for functional and nutritional food products is anticipated to drive the segment over the forecast period. Amino acids are widely used in the nutraceutical industry as a dietary supplement for the treatment of muscle fatigue, muscle soreness as well as to maintain cardiovascular health.

Animal feed application was the second largest market with a share of 19% in 2022.Growing awareness among consumers regarding nutritional requirements for animals coupled with augmented demand for enhanced feed quality and high feed production is expected to drive the segment over the forecast period. Key players operating in the market include Evonik, ADM, and Adisseo. These players provide feed-grade amino acids in powdered, granular, or supplement forms.

Livestock in Animal Feed Insights

Poultry dominated the livestock in the animal feed segment with the highest revenue share of 43.2% in 2022. Market growth of poultry can be attributed to the rising demand for meat and poultry products worldwide.  This segment consists of chicken, duck, turkey, and broiler among others.  Rising demand for chicken and broiler meat in the countries such as Russia, the U.S., and Mexico are anticipated to propel the poultry feed market.

Growing consumption of pork meat has propelled manufacturers to produce high-quality and disease-free meat products for human consumption. This has given rise to feed additives demand. Amino acids when used as a feed additive, improve production efficiency and performance as well as enables protein synthesis.  Products such as lysine and methionine are found to be deficient in pork diets; hence, they are often added to pork feed in the form of feed additives to overcome the deficiency.

Raw Material Insights

Plant-based raw material dominated the segment with a revenue share of 88.1% in 2022. The growing consumer awareness regarding natural and organic products is expected to drive the worldwide production and consumption of plant-based amino acids. In addition, the augmented social awareness related to animal slaughter is expected to positively impact the demand for plant-derived amino acids. However, the production of plant-based products is limited owing to the lack of production technology and high capital cost required.

Animals are the primary sources for the extraction of amino acids. Animal meat including pork, beef, and chicken along with other by-products such as muscle, skin, gut, blood, and placenta of fish. Animal by-products can be sourced from slaughterhouses, meat processors, and aquaculture farms. Key players involved in meat processing include JBS S.A., Tyson Foods, Inc., and Smithfield Foods. The rising meat consumption across the globe has driven its production. This, in turn, is likely to boost the market growth in the coming years.

Regional Insights

Asia Pacific dominated the market with the highest revenue share of over 45% in 2022. Rising pork consumption in China is expected to drive the market growth in the country. Growing health concerns and rising individual medical expenditure are expected to fuel the demand for dietary supplements in China, which, in turn, is expected to augment the demand for amino acids. The shift in trend toward ready-to-drink (RTD) beverages is projected to positively influence the demand for aspartame, in turn, augmenting the consumption of amino acids in the form of aspartic acids in the region over the forecast period.

Europe is the second-largest compound feed producer globally, with Germany and France being the major producing countries. Poultry feed accounts for a major share of the region’s compound feed market, representing approximately one-third of the total compound feed market. Key companies operating in the market have diversified businesses and broader product portfolios for animal feed. Rising production and consumption of animal feed are expected to drive growth for market in the region over the forecast period.

Due to the recent COVID-19 outbreak, the U.S. has witnessed a complete shutdown, of various manufacturing industries, which has resulted in panic buying of animal feed among several farmers owing to the potential shortage resulting due to reduced deliveries and logistics disruption. This has boosted the demand for animal feed additives including amino acids, thereby, expected to propel the growth of the market in North America over the projected years. 

Key Companies & Market Share Insights

The global amino acids market is considered fragmented as the number of players within the business operating in the market are high. Leaders and other emerging players in the country that include traders, small manufacturers, and players operating at local market levels capture the maximum market share. Some prominent players in the global amino acids market include:

• Ajinomoto Co., Inc.

• KYOWA HAKKO BIO Co., LTD.

• Evonik Industries AG

• AMINO GmbH

• Taiwan Amino Acids Co. Ltd.

• Bill Barr & Company

• IRIS Biotech GmBH

• BI Neutraceuticals

• Sichuan Tongsheng Amino Acids Co., Ltd.

• Wacker Chemie AG

• Adisseo France SAS

• CJ Cheiljedang Corp.

• Donboo Amino Acids Co., Ltd. 

Amino Acids Market Report Scope

Global Amino Acids Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis on the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global amino acids market report based on product, application, livestock in animal feed, raw material, and region:

• Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018 - 2030)

  • Essential

    • Histidine

    • Isoleucine

    • Leucine

    • Lysine

    • Methionine

    • Phenylalanine

    • Threonine

    • Tryptophan

    • Valine

  • Non-essential

    • Alanine

    • Arginine

    • Asparagine

    • Aspartic Acid

    • Cysteine

    • Glutamic Acid

    • Glutamine

    • Glycine

    • Proline

    • Serine

    • Tyrosine

    • Ornithine

    • Citrulline

    • Creatine

    • Selenocysteine

• Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018 - 2030)

  • Animal Feed

  • Food & Dietary Supplements

  • Pharmaceutical

• Livestock in Animal Feed Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018 - 2030)

  • Swine

  • Poultry

  • Cattle

  • Others

• Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018 - 2030)

  • Plant Based

  • Animal Based

• Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Russia

    • Spain

    • Turkey

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia