The U.S. accounts for one-fifth of the global commercial amino acid industry, with revenues of $1.8 billion in 2011 that are expected to grow to over $2 billion by 2016, according to a Companies & Markets report.
The U.S. commercial amino acid market accounts for around 20% of the global amino acids market, which is worth in excess of $9 billion. Knowledge and understanding of the potential capabilities of amino acids is increasing, and there is growing interest in new commercial applications.
Existing applications for the 20 essential amino acids are still noting growth, particularly as production costs are declining, making them a more viable option for some companies than they have been in the past. The animal feed supplements segment is the largest, forecast to see revenues of over $1.2 billion by 2016. The flavorings segment holds a much smaller share of the U.S. amino acids market, with a 2011 valuation of $561 million. By 2016, the flavorings market is expected to have grown to $650 million.