Saudi Arabia Food Amino Acids Market, By Type (Glutamic Acid, Lysine, Tryptophan, Methionine, Phenylalanine and Others), By Source (Plant-Based Amino Acids, Animal-Based Amino Acids and Synthetic Amino Acids), By Application (Nutraceuticals & Dietary Supplements, Infant Formula, Food Fortification, Convenience Food and Others), By Company and By Geography, Forecast & Opportunities, 2023
Published on: 2024-11-04 | No of Pages : 320 | Industry : Healthcare
Publisher : MIR | Format : PDF&Excel
Saudi Arabia Food Amino Acids Market, By Type (Glutamic Acid, Lysine, Tryptophan, Methionine, Phenylalanine and Others), By Source (Plant-Based Amino Acids, Animal-Based Amino Acids and Synthetic Amino Acids), By Application (Nutraceuticals & Dietary Supplements, Infant Formula, Food Fortification, Convenience Food and Others), By Company and By Geography, Forecast & Opportunities, 2023
Saudi Arabia Food Amino Acids Market is anticipated to post stable growth by 2023, owing to rising awareness of wellbeing due to growing obesity rate, cardio-vascular problems, skin problems and increasing consciousness about appearance. The government initiatives like awareness programs, health drives are likely to ensure robust growth of the market by 2023. Factors such as improvement in living standards and high disposable is shifting the customer focus towards health and wellbeing which in turn is driving the growth for food amino acids in the next five years. Factors such as high disposable income and improved living standards, is likely to drive the growth of the market in the next five years. Moreover, the growing consumption of amino acids as functional foods will propel the growth of the in the next five years. Based on the type, the glutamic-acid segment is expected to grow at the highest CAGR by 2023, due to its various health benefits and extensive use as an additive, flavour enhancer in snacks, sauces, and ready-to-eat soups. Based on application, nutraceutical and dietary supplements leads the market and is expected to maintain its position during the forecast period owing to the rising popularity of functional foods and nutraceuticals to maintain a healthy lifestyle.
Years considered for this report
Historical Years2013-2016
Base Year2017
Estimated Year2018
Forecast Period2018–2023
Objective of the Study
- To analyse and forecast the market size of Saudi Arabia Food Amino Acids Market, in terms of value.
- To classify and forecast Saudi Arabia Food Amino Acids based on type, source, application and regional distribution.
- To identify drivers and challenges for Saudi Arabia Food Amino Acids Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Food Amino Acids Market.
- To conduct the pricing analysis for Saudi Arabia Food Amino Acids Market.
- To identify and analyse the profile of leading manufacturers in the Saudi Arabia Food Amino Acids Market.
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Some of the leading players in the Saudi Arabia Food Amino Acids Market are Ajinomoto Co., Inc., Kyowa Hakko Kirin Group, Evonik Industries, Sigma-Aldrich, Prinova Group LLC, Daesang Corporation, Shaoxing Yamei Biotechnology Co., Ltd, Qingdao Samin Chemical Co., Ltd., Hugestone Enterprise Co., Ltd., Brenntag AG etc.
Market insights research
Market insights research calculated the market size of Saudi Arabia
- Food Amino Acids Manufacturers
- Food Amino Acids Dealers, Distributors and Suppliers
- Regulatory organizations.
- Raw material suppliers and distributors.
- Research organizations and consulting companies.
- Market research and consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.