October 29, 2020
According to the recent research report titled ‘Europe Amino Acid Market Size, By Product, By Application, Industry Outlook Report, Country Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, Europe amino acid market is projected to register an appreciable growth rate during 2020-2026.
Surging demand for collagen enhancing cosmetics, expansion of pharmaceutical sector, and rising cognizance pertaining to end-quality of animal derived products & feed solutions are the key factors driving the growth of Europe amino acid market. Moreover, escalating product demand from & dietary supplement industries are enhancing the industry outlook.
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Notably, amino acids play a crucial role, both as intermediates in metabolism and as building blocks of proteins. These acids transport nutrients, stimulate chemical reactions in the body, build muscles, and prevent disease, among other various functions. In addition, these acids play an essential role in maintaining healthy skin, hair, and nails. They assist in healing and repairing, normal digestion, formation of neurotransmitters, preservation of tissue strength and muscle tone, regulation of mood by producing hormones, along formation and growth of skin, muscles, and connective tissue. Hence, these benefits in tandem with rising health consciousness among people are favoring the growth of amino acid industry in Europe as well in other regions of the globe.
Based on product, threonine segment in Europe amino acid market is expected to record 4.5% CAGR over the study period, on account of its growing usage in food & dietary supplement industry. Meanwhile, tryptophan segment will witness modest gains owing to rising penetration in manufacturing food & beverage additives industry.
Europe amino acid market from proline segment is primarily driven by demand for anti-agning and collagen boosting cosmetics. Its widespread use in the cosmetic industry is creditable to its ability to reduce wrinkles and fine lines, increase the elasticity of skin, and facilitate skin repair & regeneration.
On the other hand, histidine segment is likely to capture significant portion of Europe amino acid market share in the forthcoming years. The segmental growth is attributable to rising cognizance of health & fitness, along with escalating demand for high quality supplements. Whereas, glutamine segment is projected to expand at a CAGR of 4% through 2026, owing to its high penetration in food & beverage sector.
Surging demand for high-performance ingredients in the animal feed industry is fostering the growth of Europe amino acid market from lysine segment. Glutamic segment is reckoned to accrue notable gains due to shifting focus towards natural acids in cosmetic preparations and growing consumer awareness about skin care.
Leading organizations influencing Europe amino acid market trends are CJ CheilJedang Corp., Kyowa Hakko Europe GmbH, Sumitomo Chemical Co., Ltd., Glanbia Nutritionals, Inc., Adisseo France S.A.S., Meihua Holdings Group Co., Ltd., Hebei Donghua Chemical Group, Daesang Corporation, Newtrend Group, Kemin Industries, Inc., DSM Corp., Evonik Industries AG, Novus International Inc., Archer Daniel Midland (ADM) Company, and Ajinomoto Co., Inc.