Product Code: ETC4540645 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India food amino acids market import shipments experienced robust growth with a CAGR of 19.6% from 2020 to 2024. The growth momentum continued in the latest period, with a growth rate of 9.1% between 2023 and 2024. The market significantly expanded over the years, showing a strong upward trend.
The India food amino acids market is expanding in tandem with the global focus on protein and nutrition. Amino acids, the building blocks of proteins, are essential components in various food products and dietary supplements. The market`s growth is driven by the rising interest in plant-based and functional foods, as well as the increasing awareness of amino acids` role in muscle development and overall health. As consumers seek products that meet their nutritional needs and align with their dietary preferences, the food amino acids market offers options for a balanced and health-conscious lifestyle.
The India food amino acids market is experiencing growth due to several driving factors. Amino acids are essential building blocks of proteins and have a range of applications in the food industry, from flavor enhancers to nutritional supplements. One of the primary drivers of this market is the increasing focus on protein-rich diets and the demand for plant-based protein sources. Amino acids, such as glutamine and lysine, are utilized to enhance the nutritional profile of food products, making them appealing to health-conscious consumers. Furthermore, the market benefits from the use of amino acids in the development of umami flavors and taste enhancers, catering to evolving consumer preferences for savory and flavorful foods. Additionally, amino acids are integral in the production of specialized dietary supplements and sports nutrition products, targeting a growing fitness and wellness culture in India. The market is also influenced by ongoing research and development efforts that explore the potential of amino acids in various food applications, contributing to its continued growth. These factors, combined with the rising demand for high-protein and functional food products, are key drivers of the India food amino acids market.
The food amino acids market in India encounters challenges related to sourcing, quality control, and meeting the diverse requirements of food manufacturers. Sourcing amino acids from reliable and sustainable sources can be subject to supply variations and quality fluctuations. Ensuring the quality and safety of amino acids in food products is a critical aspect. Meeting the specific needs of various food applications, including the balance of amino acid profiles, is essential but can be technically challenging. Regulatory compliance, including labeling and safety standards, further adds complexity to this market.
The food amino acids market could have been affected by COVID-19, impacting both supply and demand. Changes in consumer preferences and economic uncertainties might have influenced the use of amino acids in food products.
In the India food amino acids market, key players like Ajinomoto India Pvt. Ltd., Prinova Group, and Evonik India Pvt. Ltd. are notable. These companies are engaged in the production and distribution of food-grade amino acids used in the food and beverage industry. Their focus on quality, research, and diverse product offerings has shaped the market`s growth.
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 Food Amino Acids Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Food Amino Acids Market Revenues & Volume, 2021 & 2031F |
3.3 India Food Amino Acids Market - Industry Life Cycle |
3.4 India Food Amino Acids Market - Porter's Five Forces |
3.5 India Food Amino Acids Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Food Amino Acids Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Food Amino Acids Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 India Food Amino Acids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of amino acids in food products. |
4.2.2 Growing demand for functional foods and dietary supplements containing amino acids. |
4.2.3 Rising disposable incomes leading to higher spending on premium food products. |
4.2.4 Technological advancements in amino acid production processes. |
4.2.5 Favorable government regulations supporting the use of amino acids in food products. |
4.3 Market Restraints |
4.3.1 High production costs associated with amino acids. |
4.3.2 Limited availability of raw materials for amino acid production. |
4.3.3 Stringent regulations and quality standards in the food industry. |
4.3.4 Competition from substitute ingredients in food formulations. |
4.3.5 Fluctuating prices of raw materials impacting the profitability of amino acid manufacturers. |
5 India Food Amino Acids Market Trends |
6 India Food Amino Acids Market, By Types |
6.1 India Food Amino Acids Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Food Amino Acids Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Food Amino Acids Market Revenues & Volume, By Nutraceutical & Dietary Supplements, 2021-2031F |
6.1.4 India Food Amino Acids Market Revenues & Volume, By Infant Formula, 2021-2031F |
6.1.5 India Food Amino Acids Market Revenues & Volume, By Food Fortification, 2021-2031F |
6.1.6 India Food Amino Acids Market Revenues & Volume, By Convenience Foods, 2021-2031F |
6.2 India Food Amino Acids Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Food Amino Acids Market Revenues & Volume, By Glutamic Acid, 2021-2031F |
6.2.3 India Food Amino Acids Market Revenues & Volume, By Lysine, 2021-2031F |
6.2.4 India Food Amino Acids Market Revenues & Volume, By Tryptophan, 2021-2031F |
6.2.5 India Food Amino Acids Market Revenues & Volume, By Methionine, 2021-2031F |
6.3 India Food Amino Acids Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 India Food Amino Acids Market Revenues & Volume, By Plant, 2021-2031F |
6.3.3 India Food Amino Acids Market Revenues & Volume, By Animal, 2021-2031F |
6.3.4 India Food Amino Acids Market Revenues & Volume, By Synthetic, 2021-2031F |
7 India Food Amino Acids Market Import-Export Trade Statistics |
7.1 India Food Amino Acids Market Export to Major Countries |
7.2 India Food Amino Acids Market Imports from Major Countries |
8 India Food Amino Acids Market Key Performance Indicators |
8.1 Consumer demand for food products fortified with amino acids. |
8.2 Number of new product launches containing amino acids in the food sector. |
8.3 Adoption rate of amino acid-fortified food products in the market. |
8.4 Investment in research and development for innovative amino acid applications in food. |
8.5 Consumer perception and acceptance of the health benefits of amino acids in food. |
9 India Food Amino Acids Market - Opportunity Assessment |
9.1 India Food Amino Acids Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Food Amino Acids Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Food Amino Acids Market Opportunity Assessment, By Source, 2021 & 2031F |
10 India Food Amino Acids Market - Competitive Landscape |
10.1 India Food Amino Acids Market Revenue Share, By Companies, 2024 |
10.2 India Food Amino Acids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |