Amino Acids Market Expected to Reach US$ 11 Million Tons by 2023

in #amino-acids6 years ago (edited)

The global amino acids market has been witnessing a positive growth over the past few years. This can be accredited to the increasing usage of amino acids in the healthcare and animal feed industries coupled with rising consumption of protein supplements.

Amino acids are organic compounds that are the building blocks of proteins and also act as an intermediate in metabolism. They are found in abundance in red meat, sea food, eggs, dairy products, quinoa and soy products. Amino acids carry out various functions such as, transportation and storage of nutrients, forming cell-structure, and also influence the functioning of organs, glands, arteries and tendons. Furthermore, they are essential for healing wounds and repairing tissues, especially in the muscles, bones, skin and hair. A new research report by IMARC Group, titled “Amino Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023, estimates that the market to reach a volume of US$ 8.5 Million Tons in 2017. The report further anticipates the amino acids market expected to reach a volume of US$ 11 Million Tons by 2023, at a projected CAGR of 5% over the forecast period.

(Image not shown due to low ratings)



Images were hidden due to low ratings.