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According to statistics from Grand view research, the global amino acid market will be worth 24.15 billion U.S. dollars in 2020. It is estimated that by 2027, the global amino acid sales will be 40.3 billion U.S. dollars, with an average compound annual growth rate of 7.8% from 2020 to 2027; the global amino acid market in 2020 The demand is 7.946 million tons, which will reach 11.228 million tons in 2027, with a compound annual growth rate of 5.1% (Table 2). Generally speaking, in the face of huge and vigorous global market demand, Chinese amino acid manufacturers will follow the trend and accelerate their integration and integration with the international market under the background of technological innovation and capacity expansion. The entire amino acid market is expected to usher in New climax.
Global Amino Acid Market Forecast (2020~2027)