The global market for amino acids is forecast to reach $11.6 billion by the year 2015, according to a new report from Global Industry Analysts, Inc. Growing demand for amino acids in various end-use markets, including animal feed, health foods, dietary supplements, artificial sweeteners and cosmetics is expected to fuel market growth in the coming years. The amino acids market witnessed a decline in demand during 2008 and 2009, primarily because of turmoil in the global economy. Slowdown in various end-use markets negatively impacted market growth during the period. However, the scenario is expected to improve in the near term following recovery in the economy and new demand emerging from end-use markets. Research activities are critical for the amino acids market, as they lead to the discovery and development of new products, as well as end-use applications. In the past, research has contributed to the growing application of amino acids in the healthcare and cosmetics markets. In addition, utilization of amino acids in nutritional food products and sports drinks has been made possible due to success of extensive research oriented programs. Though the pace of new product discovery has slowed down in recent years, the emergence of new applications holds immense potential for amino acids, the report said. Further, increased emphasis on specific benefits of amino acids, rather than focusing on overall wellness, is expected to open up new avenues for the market.