Home > Food & Beverages > Nutraceuticals > Amino Acids > Europe Amino Acid Market

Europe Amino Acid Market Size

Report ID: GMI4807
Published Date: Jun 2024
Report Format: PDF

Download Free Sample

Europe Amino Acid Market Size

Europe Amino Acid Market size was valued at USD 5 billion in 2023 and is projected to grow at 5% CAGR during 2024 to 2032, owing to the rising demand for pharmaceutical and nutraceutical industries.

To get key market trends

Download Free Sample

Amino acid are essential proteins and help in various metabolic processes, making them indispensable in therapeutic supplement formulation. Increasing health consciousness among consumers and the desire to produce preventive health care is propelling the use of Amino Acid acid-based supplements. The increasing prevalence of metabolic and neurological diseases has led pharmaceutical industries to use Amino acid in therapeutic formulations. As per the European Union, approximately 165 Europeans are living with some kind of brain disorder.

Europe Amino Acid Market Report Attributes
Report Attribute	Details
Base Year:	2023
Europe Amino Acid Market Size in 2023:	USD 5 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	5%
2032 Value Projection:	USD 7.9 Billion
Historical Data for:	2021 - 2023
No. of Pages:	250
Tables, Charts & Figures:	532
Segments covered:	Product, Application
Growth Drivers:	Increasing demand for collagen enhancing cosmetics Rising awareness on end-quality of animal derived products and animal feed solutions Pharmaceutical industry expansion
Pitfalls & Challenges:	Stringent regulations in European Union for manufacturing food and beverage and pharmaceutical products Trade tensions and tariffs

Learn more about the key segments shaping this market

Download Free Sample

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Europe amino acid market size crossed USD 5 billion in 2023 and will grow at 5% CAGR during 2024- 2032, owing to the rising demand for pharmaceutical and nutraceutical industries.

The animal feed segment in the Europe amino acid market accounted for 58.6% share in 2023, driven by the increasing demand for high-quality animal protein.

Germany amino acid market size generated USD 499.5 million in 2023 due to stricter regulations on the use of antibiotics in animal feed.

Glanbia Nutritionals, Sumitomo Chemical, DSM, Novus International, Kemin Industries, Ajinomoto, Archer Daniel Midland (ADM), Kyowa Hakko Europe GmbH, Evonik, Adisseo France S.A.S, and Daeang Corporation.