The global amino acid market is estimated to be valued at US$ 2,689.82 million in 2023 and is expected to exhibit a CAGR of 6.9% during the forecast period (2023-2030). Increasing partnerships and collaborations between market players is expected to drive the market growth over the forecast period. The rising number of product approvals by regulatory authorities is also expected to drive the market growth.
Analysts’ Views on the Global Amino Acid Market:
The growing number of amino acid-based product launches is projected to drive the market growth over the forecast period. For instance, in January 2021, The Marquie Group, Inc., a global beauty and wellness marketplace, launched amino acid-based products including AminoMints, a healthy mint containing amino acids, and AminoFizz, an effervescent drink containing amino acids on its health and beauty platform.
Figure 1. Global Amino Acid Market Share (%), By Application, 2023
Global Amino Acid Market - Driver
Increase in the number of Product Launches
Major companies operating in the global amino acid market are focusing on organic growth strategies such as new product launches. For instance, in September 2021, Element Nutritional Sciences, a healthcare company announced the launch of JAKTRX Pro Amino essential amino acids. This product launch is estimated to improve muscle protein synthesis by 76% given the formulation’s composition of essential amino acids compared to an average whey-based protein powder which improves muscle protein synthesis by 35%.
Increasing Facility Expansions by market players for production of amino acids
Increasing facility expansion for the production of amino acids by the key market players is expected to boost the market growth over the forecast period. For instance, in August 2022, CJ CheilJedang, a South Korea-based food company, announced the expansion of its Brazil-based manufacturing facility which produces amino acids such as lysine. The company will invest US$ 210 million in the expansion of its amino acid manufacturing plant.
Figure 2. Global Amino Acid Market Share (%), By Country, 2023
Global Amino Acid Market – Country Analysis
U.S. is expected to dominate the global market over the forecast period due to the increasing number of product launches in the region. For instance, in July 2021, Ajinomoto, a Japan-based food and biotechnology company, launched amino acid supplements to reduce the risk of cognitive decline among healthy middle-aged people having memory impairment issues.
Germany is expected to witness a lucrative growth in the global amino acid market over the forecast period due to increasing facility expansion by key regional market players. For instance, in February 2020, Amino GmbH, a Germany based biotechnology company announced the expansion of its facility based in Frellstedt, Germany to produce amino acids. The company announced that it will invest US$ 35 million in the construction of the new facility.
Global Amino Acid Market - Impact of the Coronavirus (COVID-19) Pandemic
According to the World Health Organization (WHO), the COVID-19 virus is a highly contagious and infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). Till May 24, 2023, over 766,895,075 people were infected by the virus.
The COVID-19 pandemic boosted the global amino acid market, owing to increasing research and development activities concerning amino acids in the treatment or cure of COVID-19. For instance, in February 2023, according to an article published in News Medical, a company that publishes latest information about medical and life sciences, natural amino acid called 5-Aminolevulinic acid (ALA) can be used as a basic treatment to cure people infected by the COVID-19 virus.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 2,689.82 Mn |
| Historical Data for: | 2018 to 2022 | Forecast Period: | 2023 to 2030 |
| Forecast Period 2023 to 2030 CAGR: | 6.9% | 2030 Value Projection: | US$ 4,292.54 Mn |
| Geographies covered: |
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| Segments covered: |
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| Companies covered: |
Kyowa Hakko Bio, Ajinomoto, Evonik, AMINO GmbH, Merck KGaA, Jirong, and others |
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| Growth Drivers: |
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| Restraints & Challenges: |
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Global Amino Acid Market Segmentation:
The global amino acid market report is segmented into application and region.
Based on Application, the market is segmented into pharmaceutical use and cell culture medium both of which is further segmented into Valine, Leucine, Isoleucine, Lysine, Threonine, Phenylalanine, Methionine, Histidine, Tryptophan, Glutamine, Aspartate, Glutamate, Arginine, Alanine, Proline, Cysteine, Asparagine, Serine, Glycine, Tyrosine, Ornithine, Hydroxyproline, L-Ornithine-L-Aspartate, and L-Lysine Acetate. Out of these, the isoleucine segment is expected to dominate the market over the forecast period owing to increasing product launches.
Based on Country, the global amino acid market is segmented into Japan, France, U.S., U.K., Germany, China, Spain, Italy, Netherlands, and Belgium. U.S. is expected to dominate the global market over the forecast period due to rising partnerships among the regional market players.
Among all segmentations, the pharmaceutical use segment showcases the highest potential due to increasing product launches. For instance, in December 2020, Otsuka Pharmaceutical, a pharmaceutical company, announced the launch of ENEFLUID Injection. ENEFLUID Injection contains amino acid, glucose, electrolyte, and fats. It is the first peripheral parenteral nutrition solution in Japan that combines fat and water-soluble vitamins along with glucose, electrolytes, and amino acids in a dual-chamber bag.
Global Amino Acid Market Cross Sectional Analysis:
Among pharmaceutical use, the isoleucine segment is estimated to hold a dominant position in 2023 in North America due to increasing product launches. For instance, in April 2021, Innobio, a company that produces human nutritional raw materials, including fatty acids, amino acids, and vitamins, announced the launch of L-Leucine (isoleucine). The newly launched L-Leucine is a vegan and odorless formula.
Global Amino Acid Market: Key Developments
In June 2022, Evonik, a Germany-based pharmaceutical company, launched cystine to address challenges in the formulation of cell culture media and processes used in the development and production of biopharmaceuticals
On April 21, 2023, The Marquie Group, Inc., a global beauty and wellness marketplace, announced the acquisition of stakes in AminoMints, Inc., a supplier of amino acid supplements. This acquisition expanded the product portfolio of The Marquie Group and strengthened its market presence in the health and wellness sectors.
In March 2022, Relief Therapeutics, a biotechnology company, published data in the International Journal of Molecular Sciences, a peer reviewed journal, demonstrating that the dietary therapy of phenylketonuria may benefit from delayed release of amino acids ("AA") manufactured with the company’s physiomimic technology.
In October 2022, ZANDA Technologies LLC, a biopharmaceutical company, initiated the study for the efficacy and safety of amino acid supplements in adults. The study is expected to be completed by November 2023.
Global Amino Acid Market: Restraint
Side Effects Associated with Amino Acids
The major factor hampering the global amino acid market growth includes the side effects associated with amino acids. When large amounts of amino acids are consumed, the following effects can occur:
Consuming adequate amount of the amino acids will overcome this restraint which will help in growing the market over forecast period.
Global Amino Acid Market: Key Players
The major players operating in the global amino acid market include Kyowa Hakko Bio, Ajinomoto, Evonik, AMINO GmbH, Merck KGaA, and Jirong.
*Definition: Organic substances that possess both amino and carboxylic acid functional groups are known as amino acids. Although there are approximately 500 amino acids present in the nature, the alpha-amino acids, from which proteins are made, are the most important.
Amino acid are any of a class of organic compounds made composed of a basic amino group (NH2), an acidic carboxyl group (COOH), and a specific organic R group (or side chain) for each amino acid. Amino acid is an abbreviation for -amino [alpha-amino] carboxylic acid. Each molecule has a core carbon (C) atom, known as the -carbon, to which an amino and a carboxyl group are linked. The specific molecular structure of the R group distinguishes the amino acids. There are three different types of amino acids:
Market Dynamics
Increase in the production of amino acids by key market players is expected to boost the growth of the market over forecast period. For instance, in October 2020, Evonik, a Germany-based pharmaceutical company announced that the company will produce MetAMINO (DL-methionine), an essential amino acid in three of its global centers (U.S., Europe, and Asia) to maximize economies of scale and use robust processes.
Increasing number of research and development activities by research institutes is expected to drive the market growth over forecast period. For instance, University of Toronto initiated a study in September 2022 to study the influence of leucine enriched amino acids on myofibrillar and collagen protein synthesis. The study is expected to complete in August 2024
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section.
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