Feed Amino Acids Market Size
Driven by growing meat consumption to satisfy protein needs, Feed Amino Acids Market size exceeded USD 7.4 billion in 2022 and is anticipated to expand at more than 5.5% CAGR from 2023 to 2032.
To get key market trends
Meat consumption has surged dynamically in recent years, which has led to a focus on cattle ranching to stop losses linked with poor nutritional diet, diseases, and declining animal performance. The demand for feed amino acids is also being driven faster by the mounting worries among cattle producers about metabolic illnesses including pregnancy toxemia or ketosis in cows.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Feed Amino Acids Market Size in 2022 | USD 7,400 Million |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 5.5% |
| 2032 Value Projection | USD 12,750 Million |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 724 |
| Tables, Charts & Figures | 772 |
| Segments covered | Product, Application and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
Feed Amino Acids Market Trends
The development of strict rules and guidelines on feed additive registrations and labeling may limit the feed amino acids market projection. The rising consumption of meat and meat products has pushed numerous food organizations to apply rigorous regulatory rules and standards to guarantee a good degree of animal and human safety. The growing market for high protein content animal-derived products has driven producers and regulatory bodies to follow rigorous manufacturing standards. This situation can limit the utilization of feed amino acids in manufacturing of animal feed.
Feed Amino Acids Market Analysis
Learn more about the key segments shaping this market
The market for lysine in animal feed is expected to grow by more than 5% each year from 2023 to 2032. This growth is driven by the increasing demand for feed supplements that meet the nutritional needs of farm animals. Lysine is a popular choice for farmers because it offers numerous health benefits for livestock and helps reduce costs by replacing expensive ingredients like soybean meal. It's also used to minimize the environmental impact of feed production by reducing nitrogen emissions. Researchers have been studying the effectiveness of different lysine compounds in improving the nutritional value of feed, which is further supporting the market growth.
Feed amino acids market size from the swine livestock segment is poised to witness nearly USD 3 billion by 2032. The growing demand for high-protein pork is expected to increase the need for fortified feed for improving the health performance of swine. Moreover, the emergence of novel epidemics such as African swine fever (ASF), and the outbreaks of infectious diseases among swine is fostering the necessity for feed additives.
For instance, the pork production sector in the U.S. experiences significant damage from porcine reproductive and respiratory syndrome (PRRS), which is a highly contagious disease affecting swine. The consumption of contaminated pork is a key cause of gastrointestinal conditions in humans, necessitating appropriate care and nutrition for livestock. According to the USDA data on foodborne disease outbreaks, pork annually accounts for 8% to 13% of the 1 million foodborne human salmonellosis.
Learn more about the key segments shaping this market
By 2032, the feed amino acids market revenue in Asia Pacific is expected to reach around USD 4.5 billion. The concentration of feed companies in the area will increase attractive business opportunities. The expanding demand for meat and meat products resulting from the constantly rising population indices in nations like India and China helps to explain the industry's global development. The growing load on animal farming and meat industries is expected to multiply the demand for nutrient-dense animal feed, therefore supporting regional development.
Feed Amino Acids Market Share
Top companies operating in the feed amino acids market are
- Meihua Group
- Ajinomoto Co., Inc.
- Ningxia Eppen Biotech Co., Ltd
- Archer-Daniels-Midland Company (ADM)
- Global Bio-chem Technology Group Company Limited
- CJ Cheiljedang Corporation
- Daesang Corporation
- Henan Julong Biological Engineering Co., Ltd
- Multi Vita
- Kemin Industries, Inc
- Evonik Industries AG
- BBCA Group
- Heilongjiang Chengfu Food Group Co., Ltd.
These players are implementing strategic initiatives to expand their production capacity and customer reach.
Impact of COVID-19 Pandemic
Hey there! The COVID-19 pandemic really put a wrench in the feed amino acids business. Meat production took a nosedive because of all the supply chain problems. The Food & Agriculture Organization (FAO) said that meat production around the world dropped by about 1.7% in 2020 compared to 2019. With less meat being produced and factories struggling to keep up, meat prices in the U.S. skyrocketed. And because people were buying less meat at restaurants and grocery stores, there was less demand for feed additives, like amino acids, that help animals grow.
The feed amino acids market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2018 to 2032, for the following segments
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Market Insights, By Product
- Lysine
- Tryptophan
- Glutamic Acid
- Threonine
- Valine
- Arginine
- L-Histidine
- L-Isoleucine
- Leucine
- Phenylalanine
Market Insights, By Application
- Cattle
- Dairy
- Beef
- Calf
- Swine
- Sow
- Piglet
- Others
- Poultry
- Broilers
- Layers
- Turkey
- Aquaculture
- Salmon
- Trout
- Shrimp
- Others
- Pet food
- Dog
- Cat
- Others
Market Insights, By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- France
- Spain
- Netherland
- Austria
- Belgium
- Croatia
- Russia
- Serbia
- Bulgaria
- Romania
- Bosnia
- Hungary
- Macedonia
- Albania
- Belarus
- Ukraine
- Poland
- Denmark
- UK
- Asia Pacific
- China
- Vietnam
- Indonesia
- Pakistan
- Uzbekistan
- India
- South Korea
- Thailand
- Latin America
- Brazil
- Argentina
- Paraguay
- Uruguay
- Peru
- Chile
- Venezuela
- Colombia
- Ecuador
- Middle East
- Saudi Arabia
- Turkey
- Iran
- Africa
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