The commercial amino acids market in the Asia-Pacific region is estimated to grow USD 16.24 billion by 2029 and USD 11.10 billion in 2024, growing at a CAGR of 7.90% during the forecast period.
Increasing use of amino acids by farmers to feed animals, research and development activities, and expanding demand for nutritional supplements are projected to fuel the growth possibilities for the commercial acids market in the APAC region during the forecast period. Also, the growing demand for meat, dairy, and dietary supplements is further driving the market growth. In addition, the growing awareness of the significance of eating a healthy, nutritious diet boosts market demand. It raises the capita income in rising economies is expected to positively influence the market growth in developing countries such as India and China. Furthermore, the development of chemical industries across the region, central skilled people, and governmental initiatives to improve healthcare infrastructure are estimated to favor the market growth during the forecast period.
People's increasing demand for amino acids and their increasing disposable money drive the commercial amino acids market forward in the APAC region. In addition, in developing countries, the consumption of protein-rich food supplements such as meat and dairy products is steadily increasing, promoting the commercial amino acid market expansion.Moreover, animal and human food manufacturing industries, technological advancements, and a better understanding of the amino acids' key properties and functions are encouraging the commercial amino acid market in the region. The use of amino acids as an antibiotic alternative due to their safety and organic nature is expected to generate attractive growth prospects for key players in the commercial amino acids industry throughout the forecast period. The availability of alternative protein sources poses a substantial threat to the commercial amino acids market's growth rate in the APAC region. Furthermore, the market's expansion is further expected to be inhibited by the constant fluctuation of raw material costs.
Human Food
Animal Feed
Food & Dietary Supplement
Pharmaceuticals
Chemical industries
India
China
Japan
South Korea
Australia
New Zealand
Thailand
Malaysia
Vietnam
Philippines
Indonesia
Singapore
Rest of APAC
The Asia Pacific is anticipated to witness a significant share in the global commercial amino acids market during the forecast period owing to the rising population and growing consumption of protein-rich foods, particularly in countries such as India and China. During the forecast period, the region is expected to increase at the fastest rate in terms of revenue. The regional market is predicted to rise due to increased amino acids production and increased exports of food additives. On the other hand, farmers' increasing adoption of amino acids to feed livestock, rising disposable income in these countries, and are expected to provide lucrative growth opportunities for the commercial acids market in the projected period. Developing countries such as India, China, and Japan are significant contributors to the Asia Pacific region's commercial amino acid market growth.
Moreover, India has emerged as a significant market for amino acids. Rising demand for dietary supplements, improving healthcare infrastructure, and increasing investments and funding by the government for research and development activities fuel the country's market growth.
A portion of this industry's organizations is Ajinomoto, RSP amino acids, Baffin, AnaSpec, ChemPep Inc, IRIS Biotech, PepTech Corporation, and Synthetech. Ajinomoto is one of the foremost makers of amino acids. It offers amino acids for research, item improvement, and process advancement. It has created and utilized inventive systems to make these acids.
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