2014-03-05 09:26:01 - Global Amino Acids Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global Amino Acids market is to grow at a CAGR of 25.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for amino acid-based dietary supplements. The Global Amino Acids market has also been witnessing an increase in mergers and acquisitions. However, stringent government regulatory norms for the approval of dietary supplements could pose a challenge to the growth of this market.
The emergence of small competitors is one of the emerging trends in the Global Amino Acids market. Small vendors in the Global Amino Acids market are aware of the high growth potential of the market and they are actively involved in the development and marketing of amino acids.
Anticipating strong growth in the Global Amino Acids market, smaller competitors have also involved themselves in aggressive marketing. They are taking various initiatives to consolidate their niche position in the market. Furthermore, Asian vendors are taking advantage of new production technologies that make the large-scale production of amino acids more economical.
Increasing demand for amino acid-based dietary supplements is one of the major drivers in the Global Amino Acids market. Across the world, people want to stay healthy in order to avoid the expense of visiting healthcare practitioners for the treatment of diseases. Therefore, many people are using amino acid-based dietary supplements to maintain their health. Amino acids have become extremely popular as nutritional supplements, and amino acid-based dietary supplements help in preventing mental fatigue and in increasing the secretion of anabolic hormones. A large number of customers are consuming different amino acid-based dietary supplements as meal replacements in order to reduce their daily food expenditure and reduce the possibility of extra fat accumulating in the body.
The key vendors dominating this space are Ajinomoto Co. Inc., Archer Daniels Midland Co., CJ CheilJedang Corp., Evonik Industries AG, and Global Bio-chem Technology Group Co. Ltd. The other vendors mentioned in the report are Evonik Industries AG, Daesang Corp., Kyowa Hakko Kirin Group, Novus International Inc., Royal DSM N.V., and Toronto Research Chemicals Inc.
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