North America Amino Acids, Peptides and Proteins Market By Application and By Geography- Trends and Forecast upto 2019

LONDON, Oct. 10, 2017 /PRNewswire/ — The North America amino acids, peptides, and proteins (nutraceuticals) market is estimated to grow at a Compound Annual Growth Rate (CAGR) of 6.0% from 2014 to 2019. The North America amino acids, peptides, and proteins (nutraceuticals) market is lagging behind the Asia-Pacific and Europe regions. There is an increasing trend in prices of protein ingredients in the U.S. market. This is mainly due to raw material shortage coupled with irregular imports. The timely supply of raw material is a critical factor in the industry. Hence, the rising ingredients prices stunt the likely growth in the market due to new product developments and plant protein demands.

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In this report, the North America amino acids, peptides, and proteins (nutraceuticals) market has been broadly discussed by its application such as functional food, functional beverages, dietary supplement, animal nutrition, and personal care. The dietary food market is estimated to grow at the highest CAGR from 2014 to 2019. Awareness of amino acids, peptides, and proteins (nutraceuticals) ingredients in the supplementary food and personal care is the major diving force for amino acids, peptides, and proteins (nutraceuticals) industry in North America.

The U.S. is the largest amino acids, peptides, and proteins (nutraceuticals) market among the North America region with a market share of 53.09% followed by Canada. Mexico has the highest CAGR for the estimated period. The rising number of graying population seen in this region has led to increased health consciousness. The claims of nutraceuticals products related to prevention of chronic diseases, improved health, delay in the aging process, and increased life expectancy have generated an interest in the aging population. This drives the overall market for these ingredients in the North America region.

The Archer Daniels Midland Co. (U.S.) has major…

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