Global Amino Acids Market Size & Outlook, 2023-2030
Global amino acids market, 2018-2030 (US$M)
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Global amino acids market highlights
- The global amino acids market generated a revenue of USD 27,218.9 million in 2023 and is expected to reach USD 48,302.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.5% by 2030.
- In terms of segment, non-essential accounted for a revenue of USD 14,288.9 million in 2023.
- Essential is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 27,218.9 million |
| Market revenue in 2030 | USD 48,302.7 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Non-essential |
| Fastest growing segment | Essential |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Essential, Non-essential |
Other key industry trends
- In terms of revenue, the North America accounted for 17.4% of the global amino acids market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 616.1 million by 2030.
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Amino Acids Market Scope
Amino Acids Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global amino acids market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to amino acids market will help companies and investors design strategic landscapes.
Non-essential was the largest segment with a revenue share of 52.5% in 2023. Horizon Databook has segmented the Global amino acids market based on essential, non-essential covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Amino Acids Type Outlook (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
- Taurine
- Others
- Essential
- Global Amino Acids Source Outlook (Revenue, USD Million, 2018-2030)
- Plant-based
- Animal-based
- Chemical Synthesis
- Fermentation
- Global Amino Acids End Use Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Bakery
- Dairy
- Confectionery
- Convenience Foods
- Functional Beverages
- Meat Processing
- Infant Formulation
- Others
- Animal Feed
- Pet Food
- Pharmaceuticals
- Vaccine Formulation
- Personal Care & Cosmetics
- Dietary Supplements
- Agriculture
- Other End-uses
- Food & Beverages
- Global Amino Acids Grade Outlook (Revenue, USD Million, 2018-2030)
- Food Grade
- Feed Grade
- Pharma Grade
- Other Grades
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Target buyers of Global amino acids market databook
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Our clientele includes a mix of amino acids market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global amino acids market , including forecasts for subscribers. This global databook contains high-level insights into Global amino acids market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global amino acids market size, by regions, 2018-2030 (US$M)
Top 10 countries: Amino acids market size, 2023 (US$M)
Global amino acids market share, by type, 2023 & 2030 (%, US$M)
Amino acids market: Opportunity assessment by country
Global amino acids market, by region, 2023 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 4,007.6 | 4,331.8 | 3,766.4 | 4,063.4 | 4,387.1 | 4,740.5 | 5,126.9 | 5,550.2 | 6,014.4 | 6,524.4 | 7,085.4 | 7,703.3 | 8,385.0 | 8.5% |
| Europe | 4,572.6 | 4,935.5 | 4,607.9 | 5,002.1 | 5,432.5 | 5,903.0 | 6,418.3 | 6,983.6 | 7,604.7 | 8,288.1 | 9,041.2 | 9,872.4 | 10,790.9 | 9.0% |
| Asia Pacific | 10,780.0 | 11,779.0 | 9,781.6 | 10,650.3 | 11,600.4 | 12,641.2 | 13,783.2 | 15,038.3 | 16,420.0 | 17,943.0 | 19,624.4 | 21,483.5 | 23,541.8 | 9.3% |
| Latin America | 2,355.1 | 2,496.3 | 2,385.5 | 2,501.0 | 2,626.8 | 2,763.8 | 2,913.2 | 3,076.1 | 3,254.0 | 3,448.2 | 3,660.5 | 3,892.9 | 4,147.3 | 6.0% |
| MEA | 1,194.2 | 1,238.3 | 1,085.9 | 1,112.2 | 1,140.4 | 1,170.5 | 1,202.5 | 1,236.5 | 1,272.6 | 1,310.7 | 1,350.9 | 1,393.3 | 1,437.8 | 3.0% |
| Overall | 22,909.4 | 24,780.8 | 21,627.3 | 23,329.0 | 25,187.0 | 27,218.9 | 29,444.1 | 31,884.7 | 34,565.6 | 37,514.4 | 40,762.5 | 44,345.3 | 48,302.7 | 8.5% |
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