2012-11-21 00:18:37 - Commercial Amino Acids - a new market research report on companiesandmarkets.com
- The U.S. market for amino acids represents 20% of the global market with $1.8 billion (in 2011), and is likely to exceed $2 billion by 2016, a compound annual growth rate (CAGR) of 3.5% between 2011 and 2016.- Animal feed supplements accounted for the highest market share with expected sales of $1.03 billion in 2011. This should reach more than $1.2 billion in 2016 at a CAGR of 3.9%- The market for flavorants is estimated to reach nearly $561 million in 2011 and is expected to increase at a 3% CAGR to reach $650 million in 2016Commercial interest in amino acids is an outgrowth of an understanding of the many functions that these life-giving substances perform in humans and animals. As
understanding of the functions and properties of amino acids increases, new commercial applications enter development, while current commercial uses continue to expand their worldwide markets. New production technology continues to make large-scale production of these products more economical. In turn, increased availability creates newer and larger markets for these vital substances.Amino acids gained commercial significance shortly after the turn of the century with the discovery of the flavor-enhancing quality of glutamic acid and the marketing of monosodium glutamate in Japan. Increased knowledge of the role amino acids play in the value of nutritional protein led to their being used to fortify animal feeds, as food supplements for humans, and to sustain seriously ill patients who had to be fed with intravenous solutions.Since the 20 protein amino acids can be arranged in any order to make any number of polypeptides, their potential for a variety of inventions in the field of medicine is extraordinary. Their current uses in animal feed and food additives will continue to grow as there are no substitutes for amino acids and their value has been well proven.INTENDED AUDIENCEThis comprehensive study provides facts, data, and insights to senior market and planning executives, venture capitalists, and for the amino acid product interest community. It will assist manufacturers of products in any of the applicable markets, as well as technical personnel involved in research and development of production technology for commercial amino acids. This especially includes readers in:The chemical industry
Research institutions involved with studying amino acids
Amino acid manufacturing
Industries that have amino acid byproductsSCOPE OF REPORTThis technical/market report outlines the properties of the 20 commercial essential amino acids that are delineated in the genetic code, current and future uses, technology, and their manufacturers. This report focuses on three commercial amino acid markets: animal feed supplements, flavoring and nutritional additives for human food, and specialty uses including medical, therapeutic, research, and industrial applications. Feed and food applications offer steady growth opportunities to their manufacturers and their use will continue to grow both as a result of population increases and an overall increase in the worldwide standard of living.Chapters from this report can be purchased separately. Please contact us to find out more about this offer.
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