Amino Acids Market Share, Regional Outlook, Survey Report 2030
Amino Acids Industry Overview The global amino acids market size is projected to reach USD 49.7 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.4% from 2022 to 2030. The growing consumer awareness regarding a healthy lifestyle, coupled with the increasing consumption of meat and meat products, is anticipated to drive the demand for amino acids during the forecast period. Amino Acids Market Segmentation Grand View Research has segmented the global amino acids market on the basis of raw material, product, application, livestock, and region: Based on the Raw Material Insights, the market is segmented into Plant Based and Animal Based. The plant-based raw material segment accounted for the largest revenue share of 86.0% in 2021 and is expected to witness the fastest growth during the forecast period, owing to the rising consumer preference for naturally sourced products. Growing product demand from animal feed manufacturi...