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Europe Amino Acid Market size to exceed $5.9bn by 2026

  • Published Date: September 4, 2020

Europe Amino Acid Market size is set to surpass USD 5.9 billion by 2026, according to a new research report by Global Market Insights Inc.
 

Increasing demand for high performance ingredients in cosmetics preparations and rising inclination for luxury cosmetics to foster product demand. Amino acids possess high resonance with various natural and synthetic solutions which makes them compatible with various kinds of cosmetic solutions. Industry players are rapidly investing in diversifying their product portfolio in an attempt to stay competitive in post COVID economy, which is likely to foster Europe amino acid industry outlook.

 

Europe amino acid market from cosmetics is likely to grow at a CAGR of 4.5% through 2026 owing to increasing prevalence of skin related conditions in Europe such as acne, itchy patches, dry skin, rosacea, eczema and psoriasis. These products are widely used in manufacturing skin care preparations as they help in maintaining product stability, appearance and quality which is likely to boost the market trends.  
 

Increasing demand for high performance ingredients in cosmetic preparations & rapid product penetration in market from international and local brands is likely to fuel the product demand. Industry players are rapidly adopting amino acids such as lysine and proline in cosmetic manufacturing in an attempt to diversify product portfolio.
 

Stringent regulations in Europe on use artificial enhancers in cosmetics is increasing competition in industry sphere. Manufacturers are rapidly developing solutions to exceed the current regulations and retain their position in competitive market landscape. Additionally, rising consumer awareness on ingredients in cosmetics is making industry players to change their marketing scheme and opting for naturally derived amino acids, thus boosting product demand.
 

Browse key industry insights spread across 290 pages with 179 market data tables and 29 figures & charts from the report, “Europe Amino Acid Market Statistics, By Product (Glutamine, Lysine, Glutamic Acid, Methionine, Threonine, Tryptophan, Valine, Leucine, Alanine, Arginine, Aspartic acid, Proline, Cysteine, Histidine, Tyrosine, Glycine, Serine, Asparagine, Phenylalanine, Isoleucine), By Application (Food & Dietary Supplement, Pharmaceutical, Cosmetics, Animal Feed {Poultry, Cattle, Swine, Aquaculture, Pet}), Industry Outlook Report, Country Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2015 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/europe-amino-acid-market
 

Rising meat consumption and increasing demand for high performance feed solutions to boost product demand

Europe amino acid market from animal feed is likely to surpass USD 3.4 billion by 2026 owing to increasing demand for performance and immunity boosting solutions in animal feed. Amino acids are widely used in enhancing ruminant diets as it aids in improving the quality and quality of milk. Furthermore, dairy industry players are rapidly using amino acid additives to improve to improve the texture, and nutritional profile of milk products which should boost market share.
 

Rapid demand for white meat & eggs and increasing outbreak of bird flu is likely to boost demand for amino acid feed products. They are compatible with liquid & solid solutions and easily digestible in guts of chickens and turkeys. Furthermore, industry players are rapidly adopting amino acid solutions in an attempt to market their products with sustainability labels. Consumers are rapidly moving towards high quality white meat products owing to rising awareness on potential harms of adulterated feed which is likely foster the market demand.
 

Rising food & beverage industry and increasing inclination of high-performance additives to propel market share in Europe

Europe amino acid market is set to achieve over 5% CAGR through 2026 owing to increasing penetration of amino acids such as valine and leucine in food & beverage industry. Increasing consumer awareness on healthy diet has led to an increase in high performance food additives. Amino acids are widely used in fortifying food & beverage solutions such as bakery products, beverages, and nutritional bars. Industry players are rapidly introducing protein rich solutions in an attempt to stay competitive in growing food & beverage market in Europe, thus boosting product demand.
 

Increasing demand for nutritional alternatives and shift towards high protein products should accelerate product demand. Consumers in this region are rapidly adopting natural, antioxidant rich and nutritious products in an attempt to maintain overall health and reduce medical expenses. Industry players are capitalizing on these trends by investing in new product development and marketing products with algae protein products with sustainable, green, and healthy taglines thus boosting market outlook.
 

Europe amino acid market is set to surpass USD 5.9 billion by 2026, owing to increasing demand for high performance and protein rich additives in food & beverage industry

Industry players in Europe amino acid market are rapidly engaged in new product development and collaboration initiatives to stay competitive in post COVID economy. Industry players are also introducing new targeted solutions for European industry to capitalize on emerging trends and strengthen their brand equity. Important players in market include Adisseo France S.A.S, Kyowa Hakko Europe GmbH, Ajinomoto, Archer Daniel Midland (ADM), Novus International, Evonik, DSM, Kemin Industries, Daeang Corporation, Glanbia Nutritionals, and Sumitomo Chemical.
 

Authors: Kunal Ahuja, Amit Rawat