According to the report Europe Commercial Amino Acids Market, published by Market Data Forecast, the Europe market is projected to reach USD 6.58 billion by 2021, at a CAGR of 8.6% from 2016 to 2021.
An amino acid is a compound containing amine and carboxyl groups, along with a side chain that is specific to each amino acid. The key elements that make up an amino acid are Carbon, Hydrogen, Oxygen and Nitrogen. Other elements other than the above mentioned may be found in the side chains of certain amino acids. They can be classified according to the core structural functional groups’ locations as alpha- (α-), beta- (β-), gamma- (γ-) or delta- (δ-) amino acids; other categories relate to polarity, pH level, and side chain group type.
Many important proteinogenic and non-proteinogenic amino acids have biological functions. For example, in the human brain, glutamate (standard glutamic acid) and gamma-amino-butyric acid (“GABA”, non-standard gamma-amino acid) are, respectively, the main excitatory and inhibitory neurotransmitters. Hydroxyproline, a major component of the connective tissue collagen, is synthesised from proline. Glycine is a biosynthetic precursor to porphyrins used in red blood cells. Carnitine is used in lipid transport. Commercially, amino acids can be used as animal feed supplements, as nutritional additives, and as flavouring 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.
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Europe Commercial Amino Acids Market: Drivers & Restraints
The growth of the Europe Commercial Amino Acids market is driven by the understanding that amino acids are nurturing substances that perform a variety of activities in humans and animals. As this understanding grows about the functions and properties of amino acids and its increments the market thrives even more. New innovations keep on making huge scale generation of amino acids more feasible and attractive to manufacturers. Thus the expanded accessibility of amino acid production makes for more bigger markets for these essential substances.
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Europe Commercial Amino Acids Market: Segmentation
- Human Food
- Animal Feed
- Food and Dietary Supplement
- Chemical Industries
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Europe Commercial Amino Acids Market: Overview
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. In industrial applications, they are used to produce biodegradable plastics, chiral catalysts, and drugs.
Europe Commercial Amino Acids Market: Region-wise Outlook
The Europe Commercial Amino Acids market is segmented based on geography as Italy, Spain, UK, Germany and France. The region accounts for the second largest market revenue worldwide, second only to North America. The development is concentrated around the western countries of the region where technological advancements and rising patient awareness levels can counter the restraints of the market resulting in a well-developed market.
Key Questions Answered
- What is the current and future Commercial Amino Acids market outlook in Europe? What trends are affecting the Europe market?
- What is the competitive landscape and market share of major players in the Commercial Amino Acids market space in Europe?
- What are the key, high growth markets that Commercial Amino Acids systems manufacturers should expand into? Which market segments are growing the fastest?
- What are the unmet needs with the Commercial Amino Acids systems currently on the market? How will emerging technologies fulfil these unmet needs?
- What is physician perception and market outlook of Commercial Amino Acids?
- What are the challenges and barriers that have hindered widespread adoption of Commercial Amino Acids systems?
Europe Commercial Amino Acids Market: Key Players
A portion of the organizations in this industry are Ajinomoto, RSP amino acids, Biaffin, 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.
Reasons to buy Europe Commercial Amino Acids Market Report:
- Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y 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 macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), 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
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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