World Amino Acids Market to See 5.6% CAGR during 2017-2022, Expects Industry Experts in Its New Research Study Now Available at MarketPublishers.com
26 Oct 2017 • by Natalie Aster
LONDON – The global demand for amino acids is poised to maintain high growth pace in the foreseeable future. By 2017-end, the market value is set to reach USD 19.5 billion. Furthermore, the world’s amino acids market is anticipated to increase at a modest 5.6% CAGR over 2017-2022 to amount to USD 25.6 billion.
Animal feed accounts for the biggest share of the overall amino acids market in terms of consumption; it is also the fastest growing application segment. The amino acids segment is predicted to increase at a 6.9% CAGR up till 2022 to amount USD 10.4 billion.
APAC is the top regional market for amino acids; by 2017-end the value of this market is expected to reach USD 9.6 billion. The APAC amino acids market is projected to register the highest growth rate through 2022.
New research study “Global Amino Acids Market – Products and Applications” drawn up by Industry Experts provides a profound analysis of the global amino acids market and its main segments. It highlights the actual situation across the key geographical markets, reviews the main end-use applications with details on consumption for each of them, examines the major market growth restraints and drivers, covers demand influencing factors and also discusses the prevailing trends. Moreover, this report points out the burgeoning growth opportunities, reviews the most recent and also anticipated innovations and developments, touches upon the most prominent business activities, describes the competitive environment and profiles 95 companies engaged in the amino acids market. additionally, future forecasts through 2022 are at hand.
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