Market Overview

What is the CAGR of the Feed Amino Acid Market?

Feed Amino Acids Market is projected to register a CAGR of 7.3% and reach a value of USD 49.5 billion by 2030

Amino acids are the basic components of proteins 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 2021 to 2030 (forecast period).

Market Scope

The global feed amino acids market is primarily 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 acids such 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 industry analysis is segmented by type, livestock, and form.

The market based on type has been segmented into 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 livestock into aquaculture, swine, ruminants, poultry, and others. The ruminants segment can command heavy use of feed amino acids industry 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 feed amino acids market demand owing for quality meat products. Hens can produce more quality eggs when their diet is enriched with amino acids.

The market has been segmented by form into dry 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 amino acids market covers the regions of North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

APAC is pegged to lead the global market till 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 healthy revenue 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 2030

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