Amino acids refer to the organic compounds which contain amino and carboxyl groups which act as the building blocks of proteins which play an essential role in the biological processes of a body. These are found majorly in abundance in red meat, seafood, eggs, dairy products, quinoa and soy products. Amino acids are used for strengthening the immune system, improving muscles, fighting arthritis and cancer and treating tinnitus and rectal diseases.
Global Feed Amino Acids Market Segments Size & Growth:
Global Feed Amino Acids Market size is projected to reach approximately $6.66 billion by the end of 2024 with a CAGR of close to 4.5% from $5.18 billion in 2017 during the forecast timeline 2018-2024. The significant factors that propel the growth of the Global Feed Amino Acids Market are Increase in support from government and environmentalists, growth in feed production, standardization of meat products owing to disease outbreak, multiple benefits associated with amino acid supplementation in feed and implementation of innovative animal husbandry practices to improve meat quality are the key factors that are driving the market growth. However, strict regulatory framework, price volatility of agri-commodities and alternative protein sources are the factors that are hindering the growth of the market. On the other hand, increase in demand for nutritional supplements for monogastric animals and rise in the cost of natural feeds are the significant opportunities that drive the market during the forecast period.
Global Feed Amino Acids Market Segments Share:
Global Feed Amino Acids Market is segmented by the type which consists of lysine, threonine, tryptophan, and others. Among these segments, lysine segment is anticipated to dominate the feed amino acids market owing to the increasing the livestock yield and these amino acids play a crucial role in animal nutrition by supporting the growth, production, activity, reproduction and overall maintenance of animal health. By livestock, the market is segmented into poultry, ruminant, aquaculture, swine, and others. Among these segments, poultry segment is anticipated to contribute the largest market share owing to the growing concerns about animal health and rise in awareness about the benefits of amino acids in feedstuff. By form, the market is segmented in to dry and liquid. Among these segments, dry form of feed amino acids holds the largest market share is owing to the ease of storage and handling and transportation and cost advantages over the liquid form. By Geography, Asia Pacific region is anticipated to dominate the market owing to the continuous modernisation of animal production techniques and the growing awareness among consumers regarding the impact of quality feed provided to the livestock on animal-based products including meat and dairy products.
Global Feed Amino Acids Market Trends:
Global Feed Amino Acids Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by the analyst to the individual and organisation to have a better foothold in the market.
The major key players in the Global Feed Amino Acids Market are:
Along with these companies, there were many other companies considered/cited in the report while analysing the Global Feed Amino Acids Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
forecast period. Global Feed
Starting from $2700
Starting from $2700
Starting from $2700
Keep up-to-date with our weekly newsletter, Media Pulse.