Product Code: ETC311964 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India amino acids market import shipment exhibited a robust growth trend from 2020 to 2024, with a significant CAGR of 18.9%. Notably, the growth momentum accelerated further between 2023 and 2024, with a remarkable growth rate of 69.4%. The market clearly expanded rapidly, showcasing strong upward momentum throughout the period.
The India amino acids market is poised for significant growth in the forecast period. Amino acids play a crucial role in the pharmaceutical, food, and animal feed industries, as they serve as essential building blocks for proteins and have various therapeutic applications. The market`s outlook is driven by the increasing demand for amino acids in dietary supplements, functional foods, and pharmaceutical formulations. As the healthcare and nutrition sectors continue to grow in India, the demand for amino acids for therapeutic and nutritional purposes is expected to fuel market growth. Additionally, the development of bioengineered and fermentation-based amino acids is likely to expand the market`s potential. To sustain growth, market players should focus on quality and purity standards and cater to the diverse requirements of different industries.
The India amino acids market is anticipated to witness robust growth in the coming years. Amino acids find extensive applications in the animal feed, food and beverage, and pharmaceutical industries. The growth of these end-use sectors, driven by the increasing population and rising health consciousness, is a major driver for the market. Additionally, amino acids are used in agriculture as foliar fertilizers to enhance plant growth and yield. However, challenges such as the availability of cost-effective alternatives and fluctuating prices of raw materials may impact the market`s growth. Efforts towards developing advanced fermentation technologies and sustainable production practices are expected to drive the adoption of amino acids in the market.
The India amino acids market is witnessing steady growth as amino acids find applications in pharmaceuticals, animal feed, and food and beverage industries. This market`s outlook is driven by factors such as the increasing demand for amino acids as nutritional supplements, the growth of the healthcare and wellness sectors, and the adoption of amino acids for their role in protein synthesis and metabolic functions. Additionally, the development of bioengineered and plant-based amino acids and the rising focus on personalized nutrition and functional food products are further contributing to market growth. However, the market faces challenges such as the need to address quality and purity concerns related to amino acid supplements and the requirement for stringent regulations for their usage in certain applications.
The India amino acids market is witnessing steady growth as the pharmaceutical, food, and animal feed industries utilize these essential building blocks for various applications. This market`s outlook is driven by factors such as the increasing demand for amino acids in dietary supplements, functional foods, and pharmaceutical formulations, the growth of the healthcare and nutrition sectors, and the adoption of amino acids for their nutritional and therapeutic properties. Additionally, the development of bioengineered and fermentation-based amino acids and the rising focus on personalized nutrition and precision medicine are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to changes in consumer behavior and disruptions in supply chain challenges. However, it is expected to recover with the resumption of pharmaceutical and nutritional product demand and the growing interest in preventive healthcare solutions.
The India amino acids market is characterized by the presence of several key players that contribute to the industry`s growth and development. Notable companies operating in this sector include Evonik India Private Limited, Ajinomoto India Private Limited, Galaxy Surfactants Limited, Camlin Fine Sciences Limited, and Zydus Animal Health Limited. These companies are engaged in the production and supply of amino acids, which find extensive use in various sectors, including pharmaceuticals.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Amino Acids Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Amino Acids Market Revenues & Volume, 2021 & 2031F |
3.3 India Amino Acids Market - Industry Life Cycle |
3.4 India Amino Acids Market - Porter's Five Forces |
3.5 India Amino Acids Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 India Amino Acids Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 India Amino Acids Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Amino Acids Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
4 India Amino Acids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and awareness about nutritional supplements |
4.2.2 Growing demand for amino acids in the pharmaceutical industry |
4.2.3 Rise in disposable income leading to higher spending on health and wellness products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations and approvals required for amino acid products |
4.3.3 Competition from substitute products affecting market growth |
5 India Amino Acids Market Trends |
6 India Amino Acids Market, By Types |
6.1 India Amino Acids Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 India Amino Acids Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 India Amino Acids Market Revenues & Volume, By Plant-Based, 2021-2031F |
6.1.4 India Amino Acids Market Revenues & Volume, By Animal Based, 2021-2031F |
6.2 India Amino Acids Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 India Amino Acids Market Revenues & Volume, By L-Glutamate, 2021-2031F |
6.2.3 India Amino Acids Market Revenues & Volume, By Lysine, 2021-2031F |
6.2.4 India Amino Acids Market Revenues & Volume, By Methionine, 2021-2031F |
6.2.5 India Amino Acids Market Revenues & Volume, By Threonine, 2021-2031F |
6.2.6 India Amino Acids Market Revenues & Volume, By Tryptophan, 2021-2031F |
6.2.7 India Amino Acids Market Revenues & Volume, By Leucine, 2021-2031F |
6.2.8 India Amino Acids Market Revenues & Volume, By Valine, 2021-2031F |
6.2.9 India Amino Acids Market Revenues & Volume, By Valine, 2021-2031F |
6.3 India Amino Acids Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Amino Acids Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.3 India Amino Acids Market Revenues & Volume, By Food & Dietary Supplements, 2021-2031F |
6.3.4 India Amino Acids Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.4 India Amino Acids Market, By Livestock |
6.4.1 Overview and Analysis |
6.4.2 India Amino Acids Market Revenues & Volume, By Swine, 2021-2031F |
6.4.3 India Amino Acids Market Revenues & Volume, By Poultry, 2021-2031F |
6.4.4 India Amino Acids Market Revenues & Volume, By Cattle, 2021-2031F |
6.4.5 India Amino Acids Market Revenues & Volume, By Others, 2021-2031F |
7 India Amino Acids Market Import-Export Trade Statistics |
7.1 India Amino Acids Market Export to Major Countries |
7.2 India Amino Acids Market Imports from Major Countries |
8 India Amino Acids Market Key Performance Indicators |
8.1 Number of new product launches in the amino acids market |
8.2 Growth in research and development investment in amino acid products |
8.3 Consumer sentiment and preference towards amino acid supplements |
8.4 Adoption rate of amino acid products in different industries |
8.5 Number of partnerships and collaborations in the amino acids market |
9 India Amino Acids Market - Opportunity Assessment |
9.1 India Amino Acids Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 India Amino Acids Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 India Amino Acids Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Amino Acids Market Opportunity Assessment, By Livestock, 2021 & 2031F |
10 India Amino Acids Market - Competitive Landscape |
10.1 India Amino Acids Market Revenue Share, By Companies, 2024 |
10.2 India Amino Acids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |