Global Feed Grade Amino Acids Market Insight
The Feed Grade Amino Acids is forecast to smooth over the next few years. According to the WK-chem Research “Global Feed Grade Amino Acids Professional Survey Report 2022, Forecast to 2027”, with the increasing demand of the feed industry,the Feed Grade Amino Acids industry is developing at an incredible speed. According to the WK-chem regression analysis model, the compound annual growth rate (CAGR) for the period 2022-2027 is expected to be 5.80%.
Analysts’ Viewpoint:
“The use of Feed Grade Amino Acids technology in the manufacture and use of feed is expected to provide various opportunities for market growth, Senior analyst, Chemical & Material Market Research Center in WK-chem.” It is expected that during the forecast period, the animal husbandry will dominate the global Feed Grade Amino Acids market.”
Market insight:
Due to these shortcomings of traditional livestock production techniques, new technologies utilizing biotechnology have emerged as one of the most reliable and effective techniques for increasing productivity. The use of animal feed amino acids and biotechnology opens up new opportunities for animal feed amino acids stakeholders to increase productivity in a sustainable manner. On the other hand, the standardization of meat products due to disease outbreaks, the growth of feed production, and the implementation of innovative animal husbandry practices to improve meat quality. Certain amino acids are limited in growing animals that rely on external sources because they are essential animals. Amino acids have been used in animal feed for decades because they help animals grow.
Competition Landscape:
This WK-chem market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Feed Grade Amino Acids companys that include ADM, Sumitomo, Evonik, Ajinomoto Co. Inc., CJ Cheiljedang, ADISSEO, Phibro .etc.
Segmentation of Feed Grade Amino Acids Market:
The Animal Feed Amino Acids Market is segmented by Type: Lysine, Methionine, Threonine, Tryptophan. The threonine segment is expected to grow at the highest CAGR during the forecast period. The main purpose of adding threonine to feed is to promote protein synthesis and weight gain. Among other things, it helps maintain immunity and gut integrity. Its deficiency can affect the growth of animals and can cause digestive problems. These factors drive the threonine segment of the market. According to the application, it is divided into: ruminants, pigs, poultry, aquaculture, etc. The poultry segment will hold the largest market share over the forecast period, with concerns over animal health and increasing awareness of the benefits of amino acids in feed leading to exponential growth of the poultry feed amino acids market. Globally, total poultry production has been increasing; as poultry production and consumption increases, it is important for meat producers to pay more attention to meat quality.
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Feed Grade Amino Acids Market: Regional Analysis
In terms of geography, the global Feed Grade Amino Acids market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Asia Pacific is expected to account for the largest market size during the forecast period, followed by North America. The highest market share in Asia Pacific is due to rapid industrialization and urbanization helping to increase the per capita income of people in the region, while rising levels of disposable income lead to growing demand for protein-rich foods. China dominates the Asia Pacific market, China Attractive for business growth. Economic growth, industrialization of animal husbandry, increased awareness among farmers, and government support are the major factors driving the market in this region.
Cagr: 5.80%
Largest share area:Asia-Pacific
Largest share country
:China
Product Type:Lysine, Methionine, Threonine, Tryptophan
Application:Ruminants, pigs, poultry, aquacultureLeading Company:ADM, Sumitomo, Evonik, Ajinomoto Co. Inc., CJ Cheiljedang