factors like pollution cause by fossil fuels drives the market demandPosted by rohan on July 18th, 2019 Market Overview: Amino acids are organic compounds made from the amine and carboxylic acid functional groups. Twenty percent of human body is made up of protein. Protein plays a vital role in almost all biological processes and amino acids are the building blocks of it. Thus supply of amino acids makes a positive impact on our bodies. Amino acid is a compound which is a rich source of protein. Therefore they are utilized as supplements in food to increase human and animal productivity. The key elements of an amino acid are carbon, hydrogen, oxygen, and nitrogen. Structurally they can be segregated into alpha, delta, beta and gamma. Because of their biological significance, amino acids are generally used in nutritional supplements, food technology and fertilizers. In industrial applications they are utilized for the production of biodegradable plastics, chiral catalysts, and drugs. Commercial amino acids market was valued USD 25.2 billion in 2019 and expected to be growing at a CAGR of 8.48%, to reach USD 37.9 billion by 2024. Market drivers and restraints: In today’s world a large number of factors are responsible for preventing our bodies from getting stable supply of proteins. These factors include pollution caused by burning of fossil fuels, intensive use of fertilizers etc. This creates a need for intake of extra protein supplements which drives the market demand for amino acids. To know more, click on the link below: https://www.marketdataforecast.com/market-reports/commercial-amino-acids-market Report segmented as: By type:
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Geographical analysis: On the basis of geography, Asia pacific is estimated to witness high growthduring the forecast period due to the rising population and up gradation of lifestyle leading increasing demand for protein supplements for human consumption. Brazil, followed by Australia are also estimated to generate a major share of revenue for amino acids owing to their exports of beef. Important market players: Major players in the amino acid products markets include Archer Daniels Midland Company (U.S), Evonik Industries AG (Germany, Amino GMbH,(Germany) Cargill (U.S), Daesang Corporation ( South Korea), Fufeng group company Ltd. (China) and Sunitomo Chemical Co. Ltd.( Japan). View a sample and decide @ https://www.marketdataforecast.com/market-reports/commercial-amino-acids-market/request-sample The Scope of the report: This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors. Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/ Like it? Share it! More by this author |