The United States Market for Amino Acids to Grow To Nearly $2 Billion by 2018
Wellesley, Mass (PRWEB) March 10, 2014
According to a new technical market research report Commercial Amino Acids, from BCC Research (http://www.bccresearch.com), the United States market for amino acids was valued at $1.5 billion in 2012 and was estimated at nearly $1.6 billion for 2013. BCC Research expects the market to grow to nearly $2 billion by 2018, and register a five-year compound annual growth rate of 4.5% from 2013 to 2018.
Amino acids play many roles in a variety of commercial fields, including foods, animal feeds, cosmetics, medicines, and biotechnology as well as some industrial applications. New production technologies continue to make large-scale production of these critical products more economical. Twenty amino acids make up the commercial amino acid market.
In dollar terms, the most important current applications are animal feed and human food. Amino acids are such an important component in the feeding of livestock, especially poultry, that, to achieve maximum growth for minimum costs, the use of amino acids such as methionine and lysine will continue to grow even if feed crop prices fall. Since both methionine and lysine can be synthetically produced, their cost is no longer tied to feed crop costs.
A steadily improving economy and an increasing population will drive growth in this market for the foreseeable future.
The greatest increase in the use of amino acids will not be for a single acid alone, but in combination with other amino acids. These combinations hold great promise in fighting a wide variety of diseases affecting every major system in the body, including HIV and many forms of cancer. Although sold as stand-alone health supplements in many nutrition stores, combinations are reputed to have additional benefits achieved through proper balancing. Much research is focused on the benefits and effects of amino acid balancing as well as the peptides, enzymes and hormones their combinations produce.
This technical market research report from BCC Research outlines the properties of the twenty commercial essential amino acids that are delineated in the genetic code, current and future uses, technology and their manufacturers. It 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.
This comprehensive study is designed to provide facts, data, and insights to senior market and planning executives, venture capitalists, and for any one interested in amino acid products. 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, and amino acid manufacturing industries that produce amino acid by-products.