North America Amino Acids, Peptides and Proteins (Nutraceuticals) Market is Expected to Reach $388.60 Million by 2019, at a CAGR of 6.0% From 2014 to 2019
FORT WORTH, Texas, May 6, 2015 /PRNewswire/ --
The amino acids, peptides, and proteins (nutraceuticals) market in North America is estimated to grow from around $290.09 million in 2014 to $388.60 million by 2019, at a Compound Annual Growth Rate (CAGR) of 6.0% from 2014 to 2019.
Browse through the TOC of the North America Amino Acids, Peptides, and Proteins (Nutraceuticals) Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North America amino acids, peptides, and proteins (nutraceuticals) market, and is supported by various tables and figures.
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North America has witnessed the maximum number of innovations in the field of amino acids, proteins, and peptides. Innovations play a crucial role in contributing an increasing consumer base for amino acids. Currently, peptides are undergoing tremendous research since they have been found to exhibit anti-cancer properties, which is another disease that causes concerns among the North American consumers.
The U.S. is a major market with the highest market share among the North America region. It constitutes 53.09% of market share and has important market for global amino acids, peptides, and proteins (nutraceuticals) producers. The consumer demand for plant source-based proteins increased in North America after realizing the potential health risk related to red meat consumption, which is a primary source of proteins. Companies such as BASF (Germany) and Cargill, Inc. (U.S.) introduced vegetable-based soy protein ingredients to suffice this demand. Considering the demand for amino acids, protein, and peptide ingredients in North America, manufacturers would have to constantly undertake research and development to explore new sources for these ingredients to optimize their yield.
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The amino acids, peptides, and proteins (nutraceuticals) market is segmented and projected on the basis of application which is functional food, functional beverages, dietary supplements, animal nutrition, and personal care. Dietary Supplement is the most preferred application of amino acids, peptides, and proteins (nutraceuticals). The market is further segmented and forecasted on the basis of major countries, such as the U.S., Canada, and Mexico.
This report also comprises market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it also presents a country-level competitive landscape and company profiles of key players in the North America amino acids, peptides, and proteins (nutraceuticals) market.
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The European Amino Acids, Peptides & Proteins (Nutraceuticals) Market constituted 22.2% in the global nutraceutical market in the year 2013, and its share is estimated to be 22.9% by the end of year 2018. The European market for amino acid, proteins, and peptides is increasing with the ever-increasing population.
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