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 key players in the global market.
Market Segmentation
Type, livestock, and form are the main categories in which the feed amino acids market outlook 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.
In terms of feed amino acid market insights, Europe is doing well financially. 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
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
