Skip to main content

Posts

Showing posts with the label Amino Acids Industry

Strategies Major Players are Adopting in Amino Acids Market

Global increase in livestock production on account of increasing meat consumption is expected to remain a key driving factor for amino acids market over the next seven years. The Global Amino Acids Market is expected to reach USD 35.40 billion by 2022, according to a new study by Grand View Research, Inc. Increase in dietary supplements demand owing to growing geriatric population and improved health standards particularly in emerging markets of Asia Pacific and Latin America is also expected to have a positive influence on the market growth. Increase in flavor enhancing products such as aspartame derived from l-aspartic acid and phenylalanine owing to increasing food & beverages consumption is expected to fuel market growth further. Steady supply of key raw material is expected to remain a key challenge for market participants over the forecast period. L-glutamic acid emerged as the leading amino acid product segment and accounted for over 40% of total market vo...