Amino Acids Market To Be Driven By Increasing Demand From The Food, Pharmaceutical, And Nutraceutical Industries
Amino Acids Industry Overview The global amino acids market size was valued at USD 26.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% during the forecast period of 2022 to 2030. The market is anticipated to be driven by the increasing demand for amino acids from the food, pharmaceutical, and nutraceutical industries. The product is widely being used in dietary supplements owing to its ability to treat muscle soreness, sprain, and mental fatigue. With the emergence of the COVID-19 pandemic, the amino acids industry faced a few challenges as the imposed lockdown on manufacturing industries resulted in supply chain disruptions. This in turn resulted in a supply and demand volatility of the amino acid products. However, with the spread of the virus, the shift of people towards immunity-boosting products increased during the period, thus driving the demand for amino acid-based products. Gather more insights about ...