PUBLISHER: BCC Research | PRODUCT CODE: 1590305
PUBLISHER: BCC Research | PRODUCT CODE: 1590305
The global market for commercial amino acids was valued at $30.1 billion in 2023. It is expected to grow from $31.8 billion in 2024 to $42.8 billion by 2029, at a compound annual growth rate (CAGR) of 6.1% from 2024 through 2029.
The global market for commercial amino acids in animal feed applications is expected to grow from $16.8 billion in 2024 to $22.1 billion by 2029, at a CAGR of 5.6% from 2024 through 2029.
The global market for commercial amino acids in specialty uses applications is expected to grow from $5.8 billion in 2024 to $8.4 billion by 2029, at a CAGR of 8.0% from 2024 through 2029.
This report on the global commercial amino acids market thoroughly analyzes the current state of the market, including market size, growth trends, and segmentation by product type and application. It explores critical drivers, challenges and opportunities that will affect the use of commercial amino acids. The report focuses on primary applications, namely animal feed, food flavoring and specialized uses. The report also provides insights into the competitive landscape by profiling major industry players and their strategic moves. Regional analyses highlight differences in market dynamics across North America, Europe, Asia-Pacific, LATAM, and Rest of the World (RoW). Additionally, the report identifies emerging trends and offers forecasts for future market developments.