DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Food Amino Acids Market by Application, Type, Source, and Region - Global Forecast to 2022" report to their offering.
The food amino acids market is projected to reach USD 6.82 billion by 2022 at a CAGR of 7.8%, from 2016 to 2022.
The market is driven by factors such as rising demand for healthy and nutritious food, growing concerns of consumers regarding healthy lifestyles, rising demand for processed and convenience foods, and growing demand for innovative food & beverage products due to changing consumer trends. Factors such as high cost involved in R&D activities & production and stringent regulations are restraining the market.
Monosodium glutamate (MSG) or sodium salt of glutamic acid is widely used as a food additive in the food industry. It is used in various food products such as snacks, savory dishes, and ready-to-eat (RTE) products. Growth of convenience foods market is boosting the demand for glutamic acid. Hence, the demand for the glutamic acid market is anticipated to expand significantly during the forecast period, due to rise in application of glutamic acid as a flavor enhancer coupled with increase in population, high disposable income, growth in demand for ready-to-eat food, and superior quality of food.
Phenylalanine, on the other hand, is the fastest-growing market due to its wide usage in the manufacturing of food and drink products which are sold as nutritional supplements for their reputed analgesic and antidepressant effects.
Companies Mentioned
- Ajinomoto Co., Inc.
- Amino GmbH
- Brenntag AG
- CJ Corporation
- Daesang Corporation
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Evonik
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Others
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Food Amino Acid Market, By Type
7 Food Amino Acids Market, By Source
8 Food Amino Acids Market, By Application
9 Food Amino Acids Market, By Region
10 Food Amino Acids Market, By Brand
For more information about this report visit http://www.researchandmarkets.com/research/rt233c/food_amino_acids
