Market Overview
Amino acids are the basic components ofproteins and polypeptides which form muscles and tissues in animals. The amino
acid content in farm animals can be a determinant in its productivity. The
quality of feed and its consumption by animals can determine the profitability
of farmers. The global feed amino acids market report by Market Research Future
(MRFR) outlines historical factors and current drivers for predicting accurate
trends for the period of 2018 to 2023 (forecast period).
Market Scope
The global feed amino acids market isprimarily driven by the importance placed on diets of livestock animals. The
growing livestock production and the need for protein-based content can drive
the need for amino-based feeds. For instance, lysine and tryptophan are used in
gene expression, cell signaling, and regulation of metabolism in animals. Major
factors driving market growth include efficiency of nutrition in feeds and
regulation & well-being of animals.
The inclusion of non-essential amino acidssuch as cysteine, glutamic acid, aspartic acid, alanine, serine, proline,
hydroxyproline, tyrosine, and serine in feeds can synthesize within the
animal’s body and provide it with essential nutrients. Standards defined for
meat products due to outbreak of diseases, spurt in feed production, and
progressive animal husbandry practices are factors which can influence the
global feed amino acids market size in the coming years.
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.
Segmentation
The global feed amino acids industryanalysis is segmented by type, livestock, and form.
The market based on type has been segmentedinto tryptophan, lysine, methionine, threonine, and others. The lysine segment
accounted for a major share of the market owing to its unavailability of being
produced in large amount in the animal’s body. It needs to be consumed via
feeds.
The market has been segmented by livestockinto aquaculture, swine, ruminants, poultry, and others. The ruminants segment
can command heavy use of feed amino acids to increase the quality of its milk.
Consumption of dairy is primarily driving this segment. Availability of these
acids to the small intestine can culminate in reaching the required quota of
non-essential amino acids. On the other hand, the poultry segment can capture a
large share of the global feedamino acids market demand owing for quality meat products. Hens can producemore quality eggs when their diet is enriched with amino acids.
The market has been segmented by form intodry and liquid. The dry segment can capture a large share of the market owing
to low costs and better benefits compared to liquid feeds.
Regional Analysis
The global feed aminoacids market covers the regions of North America, Europe, Asia Pacific(APAC), and Rest-of-the-World (RoW).
APAC is pegged to lead the global markettill the end of the forecast period owing to awareness of animal feed among
farmers and transition to modern methods for feed production. Emphasis on high
quality feeds and animal health can bode well for the regional feed amino acids
market growth. Dependence on animals for their source of income by farmers can
drive the market demand.
Europe is pegged to generate healthyrevenue for the market owing to heavy consumption of meat and meat-based
products. Awareness towards quality and safety of meat will drive the demand
for feed amino acids till 2027.
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