Amino acids are organic compounds that contain amine and carboxyl functional groups with a side chain specific to each amino acid. Due to 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 enhance the metabolism rate and nutrition in animals like cattle, pigs, and broilers. The amino acid is also used as an additive in animal feed for the growth, development, lactation, health, and reproduction.
MARKET DYNAMICS
An upsurge in the consumption of food and dietetic supplements due to the rising aging population drives the growth of the feed amino acids market. Besides, the increase in livestock production owing to the escalation in demand for meat also drives the growth of the market. However, alternative protein sources and stringent regulatory framework hampers the growth of feed amino acids market. Growth in consumer awareness and an increase in demand for nutritional supplements for monogastric animals is expected to foster the growth of amino acids market in the years to come.
MARKET SCOPE
The "Global Feed Amino Acids Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the feed amino acids market with detailed market segmentation by type, livestock, form and geography. The global feed amino acids market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading feed amino acids market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global feed amino acids market is segmented on the basis of type, livestock and form. On the basis of type, the feed amino acids market is segmented into lysine, methionine, threonine, tryptophan and others. As per livestock the feed amino acids market is bifurcated into ruminants, swine, poultry and aquaculture. The feed amino acids market on the basis of form is broken into dry and liquid.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global feed amino acids market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The feed amino acids market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the feed amino acids market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the feed amino acids market in these regions.
MARKET PLAYERS
The reports cover key developments in the feed amino acids market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from feed amino acids market are anticipated to lucrative growth opportunities in the future with the rising demand for feed amino acids market in the global market. Below mentioned is the list of few companies engaged in the feed amino acids market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food binders. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Adisseo
- Ajinomoto Co., Inc.
- Archer Daniels Midland
- CJ CheilJedang
- Global Bio-chem Technology Group Company LimitedKemin Industries
- Meihua Holdings
- Novus International
- Sumitomo Corporation
- Sunrise Nutrachem Group Co. Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.