Commercial Amino Acids Market - Global Industry Analysis, Market Share, Size, Growth, Trends, And Forecast, 2012-2018
Albany, New York (PRWEB) February 08, 2013
Amino acids are organic compounds made from the amine and carboxylic acid functional groups. The key elements of an amino acid are carbon, hydrogen, oxygen, and nitrogen. Structurally they can be segmented as alpha, delta, beta and gamma. Because of their biological significance, amino acids are commonly used in nutritional supplements, food technology and fertilizers. In industrial applications they are used for the production of biodegradable plastics, chiral catalysts, and drugs.
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Amino acids are used in a wide range of applications and perform a wide variety of functions in animals and humans. As technology advances and the understanding of the functions and properties of amino acids increases, the commercial applications of amino acids are also increasing. New production technology and large-scale production of amino acids are making it more economical and thereby increasing its user base and usage rate.
Animal feed and human food formed a major part of the amino acids market. As the population and the standard of living of people is increasing, the usage of amino acids in feed and food applications is also expected to grow at a steady rate. The global amino acids market is expected to be worth over USD 9.4 billion by 2018 at an estimated CAGR of 2.4%.
Commercially, amino acids can be used as animal feed supplements, as nutritional additives, and as flavoring for human food. It is also used in medical, cosmetics, research, therapeutic, and industrial applications. Amino acids are increasingly being used as a nutritional protein to fortify animal feeds and as food supplements for humans. It is also used for a variety of inventions in the field of medicine since they can be used for making any number of polypeptides. Their current uses in food additives and animal feed will continue to grow since there are no substitutes for amino acids.
Some of the companies in this industry are Ajinomoto, RSP amino acids, Biaffin, AnaSpec, ChemPep Inc, IRIS Biotech, PepTech Corporation and Synthetech. Ajinomoto is one of the leading manufacturers of amino acids. It offers amino acids for research, product development and process development. It has developed and used innovative techniques to manufacture these acids.
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