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 Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2018–2023
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.
TechSci Research performed both primary as well as exhaustive secondary
research for this study. Initially, TechSci Research sourced a list of Food
Amino Acids manufacturers in Saudi Arabia. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the Food Amino Acids manufacturers which could
not be identified due to the limitations of secondary research. TechSci
Research analysed the retailers, distribution
channels and presence of all major Food Amino Acids manufacturers in Saudi
Arabia.
TechSci
Research calculated the market size of Saudi Arabia Food Amino Acids Market using a bottom-up approach, where data for various product types were
recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analysing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company website, news articles, press releases, company annual
reports, investor presentations and financial reports were also used by TechSci
Research.
Key Target Audience:
- 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.
Report Scope:
In this report, Saudi Arabia Food Amino Acids Market has been
segmented into following categories, in addition to the industry trends which
have also been detailed below:
- Market, By Type:
- Glutamic Acid
- Lysine
- Tryptophan
- Methionine
- Phenylalanine
- Others
- Market, By Source:
- Plant-Based Amino Acids
- Animal-Based Amino Acids
- Synthetic Amino Acids
- Market, By Application:
- Nutraceuticals & Dietary Supplements
- Infant Formula
- Food Fortification
- Convenience Food
- Others
- Market, by Region:
- Northern Region
- Southern Region
- Eastern Region
- Western Region
- Central Region
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Food Amino Acids Market segment.
Available Customizations:
With the given market data, TechSci Research offers
customizations according the company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and
indirect sales channel.
In case you don’t find what you are
looking for, please get in touch with our custom research team at [email protected]
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]