Global Amino Acids Market Projected to Grow at a Healthy 6.8% Annually to 2013
DUBLIN, Ireland--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/reports/c90591) has announced the addition of Amino Acids to their offering. The Amino Acids report analyzes the market by Type and Application at global level and for each of the geographic regions - North America, Europe, China, Asia-Pacific, Latin America and Rest of World. The Amino Acids market is segmented by Type into Glutamate, Lysine, Methionine, Branched Chain Amino Acids and Phenylanine; and by Application into Feed Additives, Food Ingredients, and Nutraceuticals/Pharmaceutical. Business profiles of 11 major companies and 79 competitor companies are discussed in the report. The report serves as a guide to the Amino Acids industry, covering 405 companies that are engaged in Amino Acids R&D, processing, production, and distribution. Information related to recent product releases, product developments, partnerships, collaborations, mergers and acquisitions, ethical issues, regulatory affairs, and other areas of concern is also covered in the report. Projections and estimates are graphically illustrated by geographic region with exclusive graphical representations provided for 271 exhibits. Amino acids can be described as a group of organic molecules that comprise of an organic R group or a side chain, which presents a solitary characteristic to the amino acid, an acidic carboxyl group represented as -COOH and a basic amino group represented as -NH2. If two or more amino acids combine, the combination is known as a peptide. Today amino acids can be taken as a supplement that is available commercially. Amino acid supplements are usually made from animal protein, vegetable protein, or yeast. While almost all amino acids can be produced in two forms - the L and D form, it is not so in the case of glycine. L and D basically refer to the manner in which the amino acid is wound up. L is the left winding amino acid and D is the right winding amino acid. Human amino acids have been found to be the L type and this is usually the preferred supplement as well. Global Amino Acids market is projected to grow at 6.8% annually through 2013. China, the leading market (25% of global market share in 2006) for Amino Acids presently is projected to manage the leading position during the analysis period with its share dropping to 23.4% by 2013. North America is the fastest growing (almost 8% during 2000-2013) market for Amino Acids, and is projected to gain dominance over China by the end of the analysis period. Increase in competition of prices of Amino Acids has resulted in the increase in prices of raw materials. Thus the collective work of different fields of science and technology is the cause for the successful and flourishing production of amino acids. Mergers and consolidations within the industry will drive the industry further. China, the largest producer of amino acids, has several production companies which are increasingly entering into alliances with producers of western countries. Such alliances are paving way to more production facilities and more production of amino acids at the global level. Countries Covered: North America US Canada Europe Germany United Kingdom Switzerland The Netherlands Rest of Europe China Asia-Pacific Japan South Korea India Rest of Asia-Pacific Latin America Brazil Mexico Rest of Latin America Rest of World Companies Mentioned: Ajinomoto Co., Inc. (Japan) Archer Daniels Midland Co. (USA) CJ Corporation (South Korea) Daesang Corporation (South Korea) Daiichi Pure Chemicals Co., Ltd. (Japan) Evonik Degussa GmbH (Germany) Global Biochem Technology Group Co., Ltd. (China) Koninklijke DSM NV (The Netherlands) Kyowa Hakko Kogyo Co., Ltd. (Japan) Novus International, Inc. (USA) Vedan (Vietnam) Enterprise Corp. Ltd. (Vietnam) For more information visit http://www.researchandmarkets.com/reports/c90591 Research and Markets Laura Wood, Senior Manager Fax: +353 1 4100 980 press@researchandmarkets.com Copyright Business Wire 2008
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