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Pulished Date April, 2021
ID: 1996
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North America Commercial Amino Acids Market Research Report - Segmented By Types, Type Of Application & Country (the United States, Canada, Rest of North America) – Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 1996
Pages: 135

North America Commercial Amino Acids Market Size (2021 to 2026)

The size of the North America Commercial amino acids market was worth USD 5.32 billion in 2021 and is estimated to be growing at a CAGR of 8.8%, to reach USD 8.11 billion by 2026.  Amino acids are organic compounds produced using the amine and carboxylic acid functional groups.

The constant increase in population in the North American countries with the rising need for additional nutrition supplements and ingredients for humans is primarily accelerating the commercial amino acids market growth in this region.  The North American market is mainly driven by animals, which are crucial for health because they assist in producing proteins, which are required for key activities such as cell construction, hormone synthesis, and neurotransmitter synthesis.

Moreover, increasing investments and fundings from government and non-government firms in research activities for developing more effective products and rising disposable income is propelling the growth of the commercial amino acids in the market. In addition, the rise in the consumption rate of protein-rich supplements and food such as dietary and meat products with enhanced taste and nutrition is surely accelerating the market growth. 

The increase in the constantly rising demand for amino acids in diet also increases the competition between players to introduce a new and enhanced product with beneficial effects. On the other hand, the key market players in the region are adopting various market strategies such as mergers, acquisitions, and collaboration to gain a competitive advantage over the marketplace. 

Furthermore, the rise in initiatives for raising awareness among the people about the benefits and need for commercial amino acids for a healthy and nutrition-rich diet is positively influencing the market growth. Also, these amino acids help improve performance. When metabolized in the body, it provides extra energy and increases the need for commercial amino acids market in the North American region.

However, the increase in the high costs of raw materials for developing products and supplements is the leading cause affecting the growth of the North American commercial amino acids market. In addition, the strict rules and regulations for the approval processes as well as stringent government policies and guidelines make the entry of the product more difficult as these processes and procedures are very tedious and consume lots of time also, due to the presence of various substitutes products in the market is restraining the growth of the North American commercial amino acids market.

This research report on the North American commercial amino acids market has been segmented and sub-segmented into the following categories:

By Type:

  • Human Food
  • Animal Feed

By Application:

  • Food & Dietary Supplement
  • Pharmaceuticals
  • Chemical industries

By Country:

  • The United States
  • Canada
  • Rest of North America

Geographically, North America held the largest share of the global commercial Amino Acids market in 2020. The market growth is driven by the availability of advanced healthcare infrastructure, increasing healthcare expenditure, and favorable reimbursement policies in the region. In addition, the growing population in the area and the rising demand and utilization of amino acids in food supplements, dietary and meat products are expected to contribute to the North American regional market growth.

The U.S. commercial amino acids market dominates the North American market during the forecast period due to well-established healthcare infrastructure. Moreover, the government policies facilitating the growth of the market. Further, the U.S. has also experienced increased consumption rates of protein-rich supplements and food such as dietary and meat products, which has triggered the commercial amino acids market growth.

On the other hand, Canada has witnessed a large number of Canadians consuming meat this year. Also, government and private organizations' investments have been focusing on research to develop enhanced and innovative products, increasing the demand for commercial amino acids and their growth in the market.

KEY MARKET PLAYERS:

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 main 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.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2  Human Food         

                                5.1.3 Animal Feed           

                                5.1.4 Y-o-Y Growth Analysis, By Type     

                                5.1.5  Market Attractiveness Analysis, By Type  

                                5.1.6  Market Share Analysis, By Type    

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Food & Dietary Supplement            

                                5.2.3 Pharmaceuticals   

                                5.2.4 Chemical Industries             

                                5.2.5 Y-o-Y Growth Analysis, By Application         

                                5.2.6 Market Attractiveness Analysis, By Application       

                                5.2.7 Market Share Analysis, By Application        

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Application

                6.2 United States                            

                6.3 Canada                         

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Ajinomoto                  

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 , PepTech Corporation and Synthetech                          

                8.3 Biaffin                           

                8.4 RSP amino acids                        

                8.5 ChemPep Inc                             

                8.6 IRIS Biotech                

                8.7 Synthetech                 

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. North America Commercial Amino Acids Market, By Application, From 2021 to 2026 (USD Million)
  2. North America Food & Dietary Supplement Market, By Region, From 2021 to 2026 (USD Million)
  3. North America Pharmaceuticals Market, By Region, From 2021 to 2026 (USD Million)
  4. North America Chemical industries Market, By Region, From 2021 to 2026 (USD Million)
  5. North America Commercial Amino Acids Market, By Type, From 2021 to 2026 (USD Million)
  6. North America Human Food Market, By Region, From 2021 to 2026 (USD Million)
  7. North America Animal Feed Market, By Region, From 2021 to 2026 (USD Million)
  8. United States Commercial Amino Acids Market, By Application, From 2021 to 2026 (USD Million)
  9. United States Commercial Amino Acids Market, By Type, From 2021 to 2026 (USD Million)
  10. Canada Commercial Amino Acids Market, By Application, From 2021 to 2026 (USD Million)
  11. Canada Commercial Amino Acids Market, By Type, From 2021 to 2026 (USD Million)

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