Feed Amino Acids Market to hit $12.7 Bn by 2032, Says Global Market Insights Inc.

Major feed amino acids market participant includes 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.

Selbyville, Delaware,, March 20, 2023 (GLOBE NEWSWIRE) --

The feed amino acids market valuation is anticipated to reach USD 12.7 billion by 2032, as reported in a research study by Global Market Insights Inc.

Increasing investments in R&D and innovations of animal feed products are estimated to positively drive the market growth. The significant growth in the global population, booming disposable incomes, and changing dietary habits have resulted in the expansion of the livestock sector across low and middle-income countries. According to the Food and Agriculture Organization (FAO), livestock is responsible for 40% of the global value of agricultural output and caters to the food and nutrition needs of more than 1 billion people worldwide. The growing emphasis on food security and surge in livestock farming activities will boost the market expansion.

Feed amino acids market from the glutamic acid product segment is predicted to be worth over USD 7.4 billion by 2032. The rising prevalence of amino acid deficiency in animals and low body health increased the need for effective nutrient additives, such as glutamine to improve overall health performance and strengthen immunity against diseases. Glutamic acid has emerged as a key substance capable of improving gut health by maintaining the integrity of the intestinal barrier. For instance, in January 2022, a group of researchers in collaboration with Ajinomoto Inc. published a study in the Journal of Dairy Science demonstrating the benefits of rumen-protected glutamate supplementation. The study analyzed the impact of glutamate on metabolic responses, performance, inflammation, and digestibility in dairy cows.

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Feed amino acids market from aquaculture livestock segment will witness 6% CAGR through 2032, accredited to the surging consumption of seafood to meet the high protein requirements. According to FAO, the total aquaculture production surpassed 122.5 million tonnes in 2020, including 87.5 million tonnes of aquatic animals. Asia alone accounted for more than 91% of the global aquatic animal and algae production in 2020. The expanding fisheries sector and the growing focus on enhancing the health performance of aquaculture products will fuel the market demand.

North America feed amino acids market will hold USD 3.7 billion by 2032. High meat consumption in western countries is a key contributor to the massive livestock sector in North America, fuelling the need for superior-quality feed additives. The surging protein requirements among consumers are propelling the consumption of animal-derived products. Furthermore, the presence of favorable government initiatives are expected to have a positive propel on the industry in North America. For instance, in January 2023, the USDA announced the government’s plans to invest USD 9.6 million to strengthen the nation’s meat supply chain.

Top participants 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 participants are foraying into new collaborations, deals, and mergers to consolidate market lead. For instance, in March 2022, Star Lake Biosciences Co, Inc. announced plans to acquire Eppen Biotech to enhance its product portfolio and business.

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Partial chapters of report table of contents (TOC):
Chapter 2   Executive Summary
2.1    Global feed amino acids market 3600 synopsis, 2022
2.1.1    Business trends
2.1.2    Regional trends
2.1.3    Product trends
2.1.4    Livestock trends
Chapter 3   Global Feed amino acids market Insights
3.1    Industry segmentation
3.2    Impact of COVID-19 on world economy
3.3    Impact of Russia-Ukraine war on the animal feed and animal feed additives market
3.4    Industry ecosystem analysis
3.4.1    Distribution channel analysis    Distributors
3.4.2    Vendor matrix
3.4.3    COVID-19 impact on industry value chain
3.5    Feed premix industry value chain
3.6    Technology landscape
3.7    Regulatory landscape
3.7.1    U.S.
3.7.2    Europe
3.7.3    China
3.8    Raw material analysis
3.8.1    Sugarcane molasses
3.8.2    Starch
3.8.3    COVID-19 impact on raw material supply
3.9    COVID-19 impact on pricing
3.9.1    Pricing analysis by product    Lysine    Tryptophan    Glutamic acid    Threonine    Valine    Arginine    L-Histidine    L-isoleucine    Leucine    Phenylalanine
3.9.2    Cost structure analysis
3.10    Industry impact forces
3.10.1    Growth drivers    Increasing meat & meat products consumption driving the demand for feed amino acids for better feed efficiency & healthy growth    Increased customer awareness regarding meat quality & safety    Increasing livestock disease outbreaks    Favorable regulatory norms to ensure quality & standardization and protection of animal health    Rising awareness related to animal feed solutions
3.10.2    Industry pitfalls & challenges    Stringent feed additives registration and labeling standards
3.11    Innovation & sustainability
3.11.1    Patent Landscape
3.12    Growth potential analysis, 2022
3.12.1    Emerging business model    Mergers and Acquisitions    Product Launch
3.13    Porter’s analysis
3.13.1    Bargaining power of suppliers
3.13.2    Bargaining power of buyers
3.13.3    Threat of new entrants
3.13.4    Threat of substitutes
3.14    PESTEL analysis
3.15    Impact of COVID-19 on amino acid market for animal feed, by livestock
3.15.1    Cattle
3.15.2    Swine
3.15.3    Poultry
3.15.4    Aquaculture
3.15.5    Petfood
3.16    Overview of functions of amino acid on livestock
3.17    Overview of amino acid supply types for animal feed application
3.18    Animal feed ingredients market share
3.19    Animal feed ingredients market volume estimates & forecasts, 2018-2032 (Kilo Tons)
3.20    Global amino acid supply analysis

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About Global Market Insights Inc.

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.


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