Amino Acids Market
Amino Acids Application
Amino acids are used in a wide range of applications and perform a wide variety of functions in animals and humans. As technology advances and the understanding of the functions and properties of amino acids increases, the commercial applications of amino acids are also increasing. New production technology and large-scale production of amino acids are making it more economical and thereby increasing its user base and usage rate.
Market Growth Projection
As the population and the standard of living of people are increasing, the usage of amino acids in feed and food applications is also expected to grow at a steady rate. The global amino acid market is expected to be worth over USD 9.4 billion by 2018 at an estimated CAGR of 2.4%.
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