Feed Amino Acids Key Market Players by Regional Growth, Driven Factor, and Forecast to 2030
Feed Amino Acids Market Overview
The Feed Amino Acids Market will obtain USD 49.5 billion and
a CAGR of 7.3% between 2020-2030.
Organic substances called amino acids support the synthesis
of protein chains in living things. The body needs certain amino acids, such as
tryptophan, valine, phenylalanine, threonine, isoleucine, leucine, lysine,
methionine, and phenylalanine, among others, to develop and operate
effectively. The majority of nutritional supplements and nutraceutical products
employ food amino acids. It is quite typical to employ dietary amino acids that
are synthesised.
Several factors are projected to boost the worldwide market
for food amino acids. Dietary supplement products have previously utilised feed
amino acids. Consumer expenditure on dietary supplements has been expanding
quickly due to an ageing population in industrialised nations and a rise in
health consciousness. Additionally, the production of a range of protein
supplement products primarily uses amino acids. The demand for protein
supplements is increasing quickly as more athletes and health enthusiasts
become active. Additionally, it is predicted that demand for amino acids as
functional foods would increase throughout the projection period, particularly
given the expanding usage of glutamic acid as a taste enhancer in various foods
and drinks.
Proteins are amino
acids that also serve as the building blocks for creating molecules with low
molecular weights. Animals' cell signalling, gene expression, and metabolism
are regulated by essential amino acids like lysine and tryptophan. Therefore,
amino acids in animal feed are believed to be more important than protein.
As a result, the feed amino acids market overview predicts
that the market will be fueled by various uses of amino acids, including taste
enhancement, preservation, nutritional component/building block of protein, and
specialist substances like aspartame. Additionally, amino acids are employed as
the first step in manufacturing antibiotics.
Competition Outlook
Archer Daniels Midland Company (US), Sumitomo Corporation
(Japan), Evonik Industries AG (Germany), CJ CheilJedang Corp. (South Korea),
Ajinomoto Co.,Inc. (Japan), Bluestar Adisseo Co., Ltd. (France), Phibro Animal
Health Corporation (US), Meihua Holdings Group Co., Ltd. (China), Kemin
Industries, Inc. (US), Global Bio-chem Technology Group Company Limited
(China), Novus International (US), and Sunrise Nutrachem Group (China) are some
of the global feed
amino acids key market players.
Market Segmentation
Type, livestock, and form are the main categories in which
the feed amino acids market size has been thoroughly examined and segmented
into different types.
Methionine, lysine, tryptophan, threonine, and other amino
acids are the most common feed amino acids.
Pork, poultry, ruminants, aquaculture, and other livestock
have all been considered for the market.
Both dry and liquid feed amino acids are available in
various forms.
Regional analysis
Due to the ongoing modernization of livestock production
techniques and rising consumer knowledge of animal feed, the Asia-Pacific
region currently holds a monopoly on the global feed amino acids market. The
high impact of high-quality animal-based feed on livestock has increased the
need for feed amino acids in this region.
Europe is doing well financially in the feed
amino acids market. Because animals consume more high-quality meat, the
European meat industry adds amino acids to animal feeds. The demand for meat in
animal feed is also increasing, which boosts North America's financial
contribution to the world market for amino acids used in animal feed.
Recent developments
A new product named "HiPhorius," created by the
DSM-Novozyme cooperation will be released in January 2022. It is intended to
assist chicken breeders in achieving sustainable and lucrative protein output.
A novel guanidinoacetic acid product dubbed
"GuanAMINO," which is intended to improve energy metabolism in cattle
production was introduced by Evonik in September 2020.
For the feed sector in Indonesia, BASF debuted a new product
named Natuphos E in March 2019. Natuphos E offers outstanding all-around
stability in premix and during the difficult pelleting process, up to a
pelleting temperature of 95°C, and stable storage for 18 months
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