The food amino acids market was estimated at USD 4.4 billion in 2016 and is projected to grow at a CAGR of 7.8% from 2018, to reach a value of 6.8 billion by 2022. The basic objective of the report is to define, segment, and project the global market size of the food amino acids market on the basis of type, source, application, and region. It will also help to understand the structure of the food amino acids market by identifying its various segments. The other objectives include analyzing the opportunities in the market for the stakeholders; providing the competitive landscape of the market trends; and projecting the size of the food amino acids market and its submarkets, in terms of value (USD Million) and volume (KT).
This research study involved the extensive use of secondary sources; which included directories and databases, such as Hoovers, Forbes, Bloomberg Businessweek, and Factiva, to identify and collect information useful for a technical, market-oriented, and commercial study of the food amino acids market. The primary sources that have been involved include the industry experts from the core and related industries and preferred suppliers, dealers, manufacturers, alliances, and standards & certification organizations from companies; and organizations related to all the segments of this industry’s value chain. In-depth interviews have been conducted with various primary respondents such as key industry participants, subject matter experts, C-level executives of key market players, and industry consultants to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology applied in drafting this report on the food amino acids market.
The food amino acids market is estimated to account for USD 4.35 billion in 2016 and is projected to reach USD 6.83 billion by 2022, growing at a CAGR of 7.8% during the forecast period. In terms of volume, the global food amino acids market is estimated at 2.20 KT in 2016 and is projected to reach 3.08 KT by 2022. The increase in demand for food amino acids has been observed in recent years, due to the increase in the demand for processed and convenience foods. Also, growing inclination of consumers toward food and dietary products with additional health benefits is fueling the demand for food amino acids.
Food&farming 