Amino acids are organic compounds that constitute the building blocks of proteins and serve as vital nutrients for human beings. They are also used as flavor enhancers, dietary supplements, and industrial chemical intermediates. The major amino acids include glutamic acid, glycine, aspartic acid, tyrosine, methionine, and tryptophan.
Market Dynamics:
The global amino acids market is growing on the account of increased demand for protein-rich foods and rising health and fitness awareness. The growth of the market is also attributed to the increasing meat consumption across the globe, which is a major source of amino acids. In addition, the market is expanding in the pharmaceuticals and animal feed industries as well.
On the other hand, fluctuating price of raw materials is expected to hamper the market growth.
Key features of the study:
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