Global Feed Amino Acids Market was valued US$ XX Bn in 2019 and is expected to grow US$ XX Bn by 2027, at a CAGR of 4.8% during the forecast period.
Global Feed Amino Acids Market
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Amino acids are organic compounds having amine and carboxyl functional groups. Because of the biological properties and importance, amino acids find their application in nutrient doses, food technology, and fertilizers. It is also used in food additives to improve the metabolic rate and nutrition in animals, similar to cattle, pigs, and broilers. The amino acid is also used as a preservative in animal feed for growth, development, lactation, health, and reproduction.
The consumption of food and nutritional supplements, thanks to the rising aging population and particularly in sports & nutrition applications drives the growth of the feed amino acids market. Also, the increase in livestock production, because of the growth in demand for meat drives the growth of the market. Growth in consumer consciousness and an increase in demand for nutritional supplements for monogastric animals is expected to stand-in the growth of amino acids market in the future.
Necessary amino acids, such as lysine and tryptophan, contribute to cell signaling, gene appearance, and metabolic regulation in animals. So, amino acids in the feed are important constituent in an animal diet.
The demand for animal-based products, mostly because of increase in food production, tuning of meat products, disease occurrences, implementation of advanced animal husbandry practices, better-quality of meat along with increasing support by governments and ecologists. Similarly, an increase in technology, for example, micro-filtration offers potential opportunities for companies to increase yield.
On the other hand, substitute protein sources and stringent regulatory outline hinders the growth of feed amino acids market. Recently, less accessibility of amino acid-rich raw materials, like soybean, wheat, and maize is challenging the growth of industry contributors, which is more encouraged by the increase in costs of amino acids.
Based on type, the threonine segment is expected to be the fastest-growing segment of the global market in the forecasted period. Threonine is a necessary amino acid that is added to feed to equalize the amino acid necessity in an animal’s body. It helps to enhance the growth and decrease the nitrogen in excreta. In addition to this, it also helps in sustaining immunity and gut integrity. Its shortage impacts animal growth and could result in gastral problems. L-threonine also helps in better use of lysine, enhances feed formulations, and decreases the cost of animal production and nitrogen elimination. All those factors drive the threonine segment of the feed amino acids market.
Region-wise, Asia-Pacific dominates the market for feed amino acids, on account of the continuous transformation of livestock production methods and the consciousness of animal feed among consumers. The high impact of feeding superiority animal-based feed to the livestock has been enhancing the demand for feed amino acids in the APAC region. Europe is making a good revenue in this market. The European meat industry is introducing more amino acids in the animal feeds due to the increasing consumption of quality meat by animals.
The objective of the report is to present a comprehensive analysis of the Global Feed Amino Acids Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Feed Amino Acids Market dynamics, structure by analyzing the market segments and project the Global Feed Amino Acids Market size. Clear representation of competitive analysis of key players by type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Feed Amino Acids Market make the report investor’s guide.
Scope of the Global Feed Amino Acids Market
Global Feed Amino Acids Market, By Type
Global Feed Amino Acids Market, By Livestock
Global Feed Amino Acids Market, By Form
Global Feed Amino Acids Market, By Source
Global Feed Amino Acids Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Feed Amino Acids Market
• CJ CheilJedang
• Global Bio-Chem
• MEIHUA HOLDINGS
• Sunrise Nutrachem
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