Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | Amino Acids Market Report 2021-2031 : VisiongainGlobal amino acids market was valued at US$ x million in 2021 and is projected to reach at a market value of US$ XX million by 2031.
By: www.visiongain.com COVID-19 Impact on Amino Acids Market Although, the COVID-19 pandemic has bought along a severe economic recession, which has caused a slowdown in several industries. However, industries such as food & beverages, food ingredients and healthcare has somewhat averted the negative effects of the pandemic. This is due to the fact that these industries fall under the essentials category and are highly imperative for survival. Food demand is generally inelastic, which means the effect of COVID-19 will have a minimal impact on the food industry and the supply chain. Suppliers of food ingredients reported very little impact on their ability to supply ingredients to the food & beverage companies due to the pandemic. However, in poorer countries, the demand for food is more linked to income and loss of income earning opportunities has affected the consumption of food & beverage items as well. Hence, the amino acids market in less developed countries is facing a downturn, and this trend is expected to be visible through the first quarter of 2021. Read more on https://www.visiongain.com/ Notes for Editors If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@ About Visiongain Visiongain is one of the fastest-growing and most innovative independent market research and consulting company in Europe. Based in London, UK, The company comprises over 400+ analysts and consultants, adding more than 1400 market research reports to its vast database each year. These reports offer in-depth analysis on 18 industries worldwide. With the help of an interactive market intelligence platform, Visiongain produces a host of business-to- SOURCE Visiongain Ltd. End
|
|