Amino Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Amino Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A23118
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Amino Acid Prices March 2024

Category Region Price
Amino Acid Specialty Chemical Brazil 14000 USD/Ton
Amino Acid Specialty Chemical Korea 6170 USD/Ton

The price of amino acid in Brazil reached 14000 USD/Ton in March 2024.

In Korea, the price of amino acids for the quarter ending March 2024 reached 6170 USD/Ton, reflecting similar market dynamics as China, with pricing influenced by regional demand fluctuations and strategic adjustments in the supply chain.

Amino Acid Price Trend, Market Analysis, and News

IMARC’s newly published report, titled Amino Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data, offers an in-depth analysis of amino acid pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing amino acid price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Amino Acid Price Trend

Amino Acid Market Analysis

The global amino acid market size reached 11.4 Million Tons in 2024. By 2032, IMARC Group expects the market to reach 16.8 Million Tons, at a projected CAGR of 4.20% during 2023-2032.

  • Increased health consciousness among consumers has elevated the demand for dietary supplements, particularly those containing essential amino acids that support muscle growth, mood regulation, and overall health.
  • The rise in global meat consumption has boosted the demand for amino acids in animal feed to enhance the nutritional quality and growth rate of livestock.
  • The pharmaceutical sector also significantly contributes to the market's expansion, utilizing amino acids in drug formulations and therapies for various diseases.
  • The ongoing research and innovation in amino acid applications are opening new markets, such as in biodegradable plastics and cosmetics, driving the demand for sustainable and efficient production technologies.
  • Environmental concerns and regulatory policies are prompting manufacturers to develop eco-friendly extraction and synthesis methods, positioning amino acids as both a biological necessity and a cornerstone of industrial advancement in a health-oriented market landscape.
  • The rapid expansion of the plant-based food market, as more consumers adopt vegetarian and vegan diets, there is an increasing demand for plant-based proteins that are rich in essential amino acids.
  • Amino acids are becoming popular as active ingredients in skincare and haircare products due to their moisturizing, antioxidant, and repair properties.
  • Novel methods of synthesizing amino acids using enzymatic catalysis or microbial fermentation are being developed to produce specific amino acids more efficiently and with greater purity.
  • Energy drinks and functional beverages that include amino acids for enhanced performance, energy, and recovery are gaining popularity among consumers, especially among younger demographics and fitness enthusiasts.
  • The sports nutrition market is rapidly growing, with amino acids at the forefront of product formulations designed to improve muscle recovery, endurance, and performance.
  • There is an increasing trend in the use of amino acids in pet foods and veterinary products to enhance the health and well-being of companion animals.

Amino Acid News

The report covers the latest developments, updates, and trends impacting the global amino acid market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in amino acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that shape the industry landscape.

Latest developments in the amino acid industry:

  • On February 1, 2024, BASF, in a consortium contracted by the European Chemicals Agency (ECHA), will participate in a six-year study worth €4.2 million to advance New Approach Methodologies (NAMs), like OMICS and toxicokinetics, as alternatives to animal testing.
  • On May 16, 2024, Dow announced at Chinaplas 2024 a partnership with Sealed Air to develop e-commerce packaging using Dow's REVOLOOP post-consumer recycled (PCR) resins, enhancing sustainability by reducing virgin plastic use and lowering carbon footprints.
  • On September 15, 2023, Blue Star Industrial Solutions, part of Blue Star Engineering & Electronics, partnered with Gebhardt Intralogistics Group, a 70-year-old leader in automated supply chain solutions, to enhance its quality testing and automation capabilities.

Product Description

Amino acids are very important organic life molecules, as they form the basic constitutive of proteins. An amino acid comprises of the amino group, the carboxyl group, a central carbon atom, and the R group, different for all amino acids. They are synthesized in two primary ways: by the activities of living organisms, as well as, by chemical synthesis through efforts of industries and chemical analysts and scientists. Amino acids are considered precursors of body proteins, enzymes, and neurotransmitters and work as regulators for pathways relating to metabolism, immunity, and the formation of non-hydrolyzable proteins in the human body.

Several important features of amino acids have been established: Amino acids are involved in many biological features of the human body; they are essential for the growth of all the body tissues, they act as neurotransmitters and as carriers of neurotransmitters, they intervene in the regulation of mood and sleep-wake cycle, and they inter alia act as a transport system of molecules across cell membranes. In medicine amino acids are used in vitamin and dietary products besides being applied in therapies for metabolic illnesses. They are used in industry for the production of animal feed as growth and health boosters in biotechnology for the production of biodegradable plastics, drugs, and cosmetics, and in food technology as flavoring agents and preservatives.

Regional Coverage

The report provides a detailed analysis of the amino acid market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the price trends. 

Global Amino Acid Price

The report offers a holistic view of the global amino acid pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Amino Acid Price

In Q1 2024, the European Amino Acid market, particularly in Germany, experienced notable price volatility influenced by heightened demand from the downstream sector during the cold and flu season, holidays, and increased social activities. This demand spike for immune-supporting supplements was compounded by supply chain disruptions due to geopolitical tensions and trade uncertainties, including increased shipping costs from route diversions in the Red Sea and disruptions linked to the Chinese New Year. Additionally, a global rise in freight costs and a slowdown in exports from major suppliers further complicated the pricing landscape in Europe.

This analysis can be extended to include detailed amino acid price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.

North America Amino Acid Price

In Q1 2024, the North American Amino Acid market experienced significant price fluctuations, particularly in the United States, influenced by supply chain disruptions and geopolitical tensions. Rising raw material costs and temporary plant shutdowns in China around the Lunar New Year extended import delays until mid-February, maintaining upward price pressures. However, increased freight and transportation costs further complicated logistics. A shift occurred in January 2024, when prices began to decline due to year-end destocking in December 2023, which reduced demand and increased inventory levels, alleviating some of the earlier market volatility.

Specific data on amino acid prices within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada

Middle East and Africa Amino Acid Price

The report explores the amino acid pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on amino acid prices for countries can also be provided.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.

Asia Pacific Amino Acid Price

In Q1 2024, the Amino Acid market in the Asia Pacific, especially China, faced significant price fluctuations. Initially, prices increased due to heightened end-user and overseas demand in the food and feed sectors, alongside limited supply from manufacturing slowdowns and labor shortages. Post-holiday, an increase in demand led suppliers to raise prices to maximize profits. However, by January, easing Red Sea trade disruptions and lower freight charges led to a resurgence in production and adjusted pricing strategies to offset earlier losses. Strong early export activities, prices declined due to sufficient supplies, weakened demand, and year-end destocking activities.

This analysis can be further extended to include detailed amino acid prices for a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Latin America Amino Acid Price

The analysis of amino acid prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.

Report Coverage

Key Attributes Details
Product Name Amino Acid
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year  
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 

Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of amino acid pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
  • The study examines factors affecting amino acid price volatility, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the amino acid industry.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Amino Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
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