According to a market report by Lucintel, the future of the feed amino acids market looks promising with opportunities in the ruminants, swine, poultry, and aquaculture. The global feed amino acids market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are growing consumer awareness towards safety and quality of meat, standardization of meat products due to disease outbreaks in livestock, and increasing demand for feed products.
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In this market, different types of feed amino acids, such as lysine, methionine, threonine, and tryptophan are used as feed additives to improve the efficiency of protein utilization in livestock feeding. Threonine is expected to witness the highest growth over the forecast period as it enhance the protein synthesis and weight gain and it also helps in maintaining immunity and gut integrity.
Within the feed amino acids market, poultry segment will remain the largest livestock type during the forecast period due to growing awareness about the benefits of amino acids in feedstuffs and rising awareness toward quality of meat
Asia Pacific will remain the largest region and it is expected to witness the highest growth over the forecast period due to growing demand for protein rich food owing to increase in disposable income levels
ADM, Sumitomo Chemical, Evonik, CJ CheilJedang, Ajinomoto, Adisseo, Phibro, Kemin, Global Bio-Chem, Novus, MEIHUA HOLDINGS, and Sunrise Nutrachem. are among the major feed amino acids manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global feed amino acids market by type, livestock, form, source, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Feed Amino Acids Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global feed amino acids market by type, livestock, form, source, and region as follows:
By Type [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
· Lysine
· Methionine
· Threonine
· Tryptophan
· Others
By Livestock [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
· Ruminants
· Swine
· Poultry
· Aquaculture
By Form [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
· Dry
· Liquid
By Source [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
· Natural
· Synthetic
By Region [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
· North America
o United States
o Canada
o Mexico
· Europe
o Germany
o United Kingdom
o France
o Italy
· Asia Pacific
o China
o Japan
o India
o South Korea
· The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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