Europe amino acid market is set to gain major impetus over the ensuing years considering the rising demand for easily digestible and high-performance solutions across various industries such as food & beverage, pharmaceutical, animal nutrition, etc.
Considering the increasing demand for such solutions, various prominent industry players such as Adiesseo France S.A.S, Glanbia Nutritionals, Newtrend Group, Archer Daniel Midland (ADM), Kemin Industries, Evonik, DSM, Novus International, etc. are inclined on developing new products in order to gain a strong market presence. For instance, in 2020, ADM launched an essential amino acid- lysine based supplement named NutriPass L for improving cattle health and enhancing production performance in cows.
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According to Global Market Insights, Inc. report, Europe amino acid market size is projected to surpass USD 5.9 billion by 2026, considering the below mentioned trends:
Strategic initiatives by industry players
The industry players are also focusing on strategic initiatives such as mergers and acquisitions for effective business expansion. Citing an instance, in 2019, Manchester based supplement company CNP developed Pro EAA Ice, an essential amino acid formula fortified with CocoMineral®, Sustamine® L-Alanyl-L-Glutamine and instantized coconut water. Reportedly, the company initially launched the product in the UK and is planning to expand across other parts of Europe.
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Increasing popularity of arginine
Arginine segment is projected to register a notable CAGR of 5% through 2026 owing to its extensive usage in pharmaceuticals sector. This is majorly due to the product’s potential benefits for heart diseases. Certain studies have shown that it can enhance the blood flow in arteries which in turn can help in improving the condition of clogged arteries, chest pain and coronary artery disease. In addition, arginine can potentially reduce blood pressure and can help patients with intermittent leg cramping walk a long distance.
Burgeoning demand for Isoleucine amino acid
Isoleucine amino acid segment is likely to show a significant CAGR of 4% through 2026 considering its expanding product application for manufacturing nutrition supplements. This can be credited to several potential benefits of isoleucine for several disorders such as diabetes, cirrhosis along with improvement in appetite, repairs muscle damage and muscle soreness, etc.
Rising usage of amino acid across pet food segment
Pet food segment is expected to record a substantial CAGR of 4.5% through 2026 considering the rising concerns regarding pet health and shifting consumer inclination towards high quality pet food. Moreover, several business players are increasingly experimenting with amino acid solutions in pet foods to develop more effective products in an attempt to gain a competitive edge in the market which will open new growth avenues for the industry.
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Growing adoption in aquaculture feed
Aquaculture segment is estimated to observe a significant CAGR of 5% owing to increased product adoption in fish feed applications. This is majorly due to the rising prevalence of diseases occurring from seafood alone. In this regard, amino acid plays a crucial role in the manufacturing of high-quality aquaculture feed solutions as it enhances resistance against diseases such as fin rot, dropsy and fungal infections. This has urged industry players to increase investment in research initiatives for developing high quality ingredients for the aquaculture industry, which will fuel the product demand in the future.
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Related Report from Other Source: Europe Amino Acid Market projected to surpass $5.9 billion by 2026, Says Global Market Insights Inc.
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