Feed Amino Acids Market Size By product (Lysine, Tryptophan, Glutamic Acid, Threonine, Valine, Arginine, L-Histidine, L-Isoleucine, Leucine, Phenylalanine), By Application (Cattle, Swine, Poultry, Aquaculture, Pet food) & Forecast, 2023-2032
Feed Amino Acids Market Size By product (Lysine, Tryptophan, Glutamic Acid, Threonine, Valine, Arginine, L-Histidine, L-Isoleucine, Leucine, Phenylalanine), By Application (Cattle, Swine, Poultry, Aquaculture, Pet food) & Forecast, 2023-2032
Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Animal Health and Nutrition | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationFeed Amino Acids Market Size
Feed Amino Acids Market size exceeded USD 7.4 billion in 2022 and is projected to expand at more than 5.5% CAGR from 2023 to 2032, driven by the increasing meat consumption to fulfill protein requirements.
To get key market trends
In recent years, the consumption of meat has increased dynamically, driving the focus on livestock farming to prevent losses associated with decreased health performance in animals, lack of nutritional diet, and infections. The growing concerns among livestock farmers regarding metabolic diseases such as pregnancy toxemia or ketosis in cows is also accelerating the need for feed amino acid.
| 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 emergence of stringent standards and regulations pertaining to feed additive registrations and labeling could restrain the feed amino acids market outlook. The growing consumption of meat and meat products has encouraged several food agencies to implement strict regulatory guidelines and standards to ensure a high level of animal and human safety. The increasing demand for animal-derived products with high protein content has compelled regulatory authorities and manufacturers to adopt strict manufacturing guidelines. This scenario could restrict the use of feed amino acids in animal feed production.
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
Feed amino acids market revenue in Asia Pacific is anticipated to reach approximately USD 4.5 billion by 2032. The presence of a large number of feed companies in the region will escalate lucrative business prospects. The industry expansion across countries, such as India and China can be attributed to the growing demand for meat and meat products because of the constantly escalating population index in these countries. The developing burden on animal farming and meat sectors is set to proliferate the demand for nutrient-rich animal feed, adding to the regional growth.
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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