PUBLISHER: TechNavio | PRODUCT CODE: 1604119
PUBLISHER: TechNavio | PRODUCT CODE: 1604119
Free Amino Acid Market 2024-2028
The free amino acid market is forecasted to grow by USD 1262.6 mn during 2023-2028, accelerating at a CAGR of 6.9% during the forecast period. The report on the free amino acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing health consciousness among people, augmenting investments by vendors in expanding production facilities, and rising popularity of plant-based and vegan diets.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 6.8% |
CAGR | 6.9% |
Incremental Value | $1262.6 mn |
Technavio's free amino acid market is segmented as below:
By Type
By Application
By Geographical Landscape
This study identifies the increasing focus of vendors on new product launches as one of the prime reasons driving the free amino acid market growth during the next few years. Also, focus on educational campaigns by vendors to raise awareness about vital role of amino acids in human health and growing number of research trials by vendors for free amino acids will lead to sizable demand in the market.
The report on the free amino acid market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading free amino acid market vendors that include Adisseo Co., Ajinomoto Co. Inc., Amino GmbH, Archer Daniels Midland Co., Blue Star Corp, Cargill Inc., CJ CheilJedang Corp., Daesang Corp., Evonik Industries AG, Fermentis Life Sciences Pvt. Ltd., Glanbia plc, Global Bio chem Technology Group Co. Ltd., Iris Biotech GmbH, Kyowa Hakko Bio Co. Ltd., Pacific Rainbow International Inc., Sichuan Tongsheng Amino acid Co. Ltd, Sigma Aldrich Chemicals Pvt Ltd, Sumitomo Chemical Co. Ltd., The Taiwan Amino Acids Co. Ltd., and Wacker Chemie AG. Also, the free amino acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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