Vietnam Food Amino Acids Market is
expected to post stable growth by 2023, owing to the growing popularity of
plant based amino acids. Increasing consumer concerns over animal-based
proteins, vegetarian population and health benefits associated with plant
proteins are likely to drive the growth of the market by 2023. Moreover, the
rising use of glutamic acid as a flavour enhancer in jams, soups etc is
expected to drive the growth of the market further. Additionally, the
increasing use of functional and fortified foods is likely to drive the market
for Food Amino Acids by 2023. Foods like flour, breads etc are fortified with
amino acids to increase the protein content and reduce the calorific value for
weight loss management and muscle building. 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.
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 Vietnam
Food Amino Acids Market, in terms of value.
- To classify and forecast Vietnam Food Amino
Acids based on type, source, application and regional distribution.
- To identify drivers and challenges for Vietnam
Food Amino Acids Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Vietnam
Food Amino Acids Market.
- To conduct the pricing analysis for Vietnam Food
Amino Acids Market.
- To identify and analyse the profile of leading
manufacturers in the Vietnam Food Amino Acids Market.
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Some of the leading players in the Vietnam
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 Vietnam. 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 Vietnam.
Research calculated the market size of Vietnam 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:
Amino Acids Manufacturers
Amino Acids Dealers, Distributors and Suppliers
material suppliers and distributors.
organizations and consulting companies.
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.
In this report, Vietnam 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
- 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
- Market, by Region:
- North Vietnam
- South Vietnam
- Central Vietnam
Company Profiles: Detailed analysis of the major
companies present in Food Amino Acids Market segment.
With the given market data, TechSci Research offers
customizations according the company’s specific needs. The following
customization options are available for the report:
- Detailed analysis and profiling of additional
market players (up to five).
- Profit margin analysis in case of direct and
indirect sales channel.
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In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]