Market Share of Food Amino Acids Industry
The global food amino acids market is fragmented owing to the presence of many players in the market. It consists of international players and local manufacturers at different levels of the value chain. Some of the major players in the market are Nagase America LLC (Prinova), Ajinomoto Co., Inc., Evonik Industries AG, Daesang Corporation, and Brenntag AG, among others. These companies are focused on providing differentiated products to customers. The food amino acid ingredient suppliers are extending their product line to diversify their presence geographically by collaborating with other players in the market. Product innovation is a key strategy to gain a significant share in the food amino acids market. Expansions into various regions and research and development are some of the major strategies adopted by the key players to gain a competitive advantage. These companies are developing new product grades to be used in food products.
Food Amino Acids Market Leaders
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Nagase America LLC
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Ajinomoto Co., Inc.
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Evonik Industries AG
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Daesang Corporation
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Brenntag AG
*Disclaimer: Major Players sorted in no particular order
