World Branched Chain Amino Acids Demand to Post 12% CAGR to 2022, States Industry Experts in Its Report Available at MarketPublishers.com
04 Oct 2017 • by Natalie Aster
LONDON – Worldwide, the demand for branched chain amino acids (BCAAs) is forecast to gain traction in the offing at a 12% CAGR through to 2022, driven by significant growth of L-valine in the market for animal feed as well as sustainable growth of three BCAAs in the sports nutrition domain. Ever since L-valine’s uptake as the next limiting amino acid in protein sources for animals, the demand for the same has seen growth by double digits, and it is further poised to record a robust 22% CAGR during the forecast period.
Geography-wise, Europe dominates the world BCAAs market in volume terms, capturing a share of 41.7% of the market and reaching 8.5 thousand metric tons in 2017. Meantime, APAC is set to witness the fastest CAGR of 14.7% during the projected period and is forecast to increase from 6 thousand metric tons in 2017 to reach 12 thousand metric tons by end-2022.
Kyowa Hakko Bio, Ajinomoto, CJ CheilJedang Corporation, Amino GmbH, Daesang Corporation, Fufeng Group Company Limited, Evonik Industries AG, and Nippon Rika, amid others, are the leading players in the marketplace.
New cutting-edge report “Branched Chain Amino Acids – A Global Market Overview” drawn up by Industry Experts offers an in depth, unprejudiced assessment of the BCAAs market from a global perspective.
The study reviews, analyses and forecasts the market from 2012 up to 2022 by volume, market value and CAGRs projected through to 2022. The study segments the market based on product and end-use application. A detailed regional market analysis is also provided. The research report sheds light on the market trends covering key market growth drivers and lucrative opportunities in the sector. The report scrutinises the market for end-user sectors of all segments on a global level. It gives insights into key business trends with a focus on product developments and innovations, JVs, M&As, etc. The research includes company profiles the top 48 players in the industry, and incorporates a listing of 227 companies with their contact information.
More new market research publications by this publisher are available at Industry Experts page.