Dublin, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The "Poultry Feed Amino Acids Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
Emerging as a fundamental force within the global agricultural sector, the poultry feed amino acids market is projected to witness substantial growth, reaching a valuation of $5.66 billion by 2028. This robust advancement reflects a compound annual growth rate (CAGR) of 6.7% from its previous valuation of $4.06 billion in 2023.
The latest market research report sheds light on significant factors fueling this expansion. Incorporating precision nutrition and sustainable farming contributes to the market's vitality, accompanied by the ever-rising global demand for high-grade protein sources. An increase in meat consumption, particularly poultry, underscores the direct impact on the utilization of amino acids critical for poultry development, health, and performance.
In North America, the market has achieved notable prominence, emerging as the most significant region in the poultry feed amino acids space in 2023. The report delves into regional market dynamics, offering a comprehensive analysis of Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Focused attention on leading-edge research and innovation represents a burgeoning trend within the market. Organizations are keenly venturing into collaborations and mergers to enhance their product offerings and deliver future-forward, sustainable solutions to the industry. Such strategic developments are setting the course for a transformative landscape in animal nutrition.
Key Takeaways of the Poultry Feed Amino Acids Market Dynamics
- Growth fueled by increased demand for superior nutritional qualities in poultry diets.
- North America stands as the dominant market player, with Asia-Pacific regions following closely.
- Innovations and strategic partnerships among major industry players bolster market progression.
- Comprehensive coverage on types of amino acids including lysine, methionine, threonine, and tryptophan.
The dynamic nature of the market is further evidenced by the diversity in product offerings, including dry, liquid, and granular forms of amino acids. Whether derived from natural or synthetic sources, these pivotal components of poultry feed constitute an integral part of the agricultural sector's economic framework.
This meticulously compiled market research report maps out the trajectory of the poultry feed amino acids market, providing stakeholders with invaluable insights into the industry's current stature and expected evolution. By presenting a holistic analysis of market trends, opportunities, and comprehensive data on market segments, the report equips industry players with essential knowledge to navigate the market landscape successfully.
The market encompasses sales of diverse amino acids such as cysteine, arginine, and glutamine, with the report showcasing factory-gate value data and encompassing a well-rounded view of the industry's economic activity. The repository of information laid out in this report is expected to empower businesses and individuals alike as they strategize to capture market potential and align with the forecasted growth trajectory.
A selection of companies mentioned in this report includes
- Kemin Industries Inc.
- Evonik Industries AG
- Novus International Inc.
- Archer Daniels Midland Company
- Koninklijke DSM NV
- Meihua Holdings Group Co Ltd.
- Sumitomo Corporation
- Ajinomoto Co Inc.
- Adisseo
- The Dow Chemical Company
- Badische Anilin- und Sodafabrik
- Chr. Hansen Holding A/S
- Kent Nutrition Group
- JD Heiskell & Co
- Cargill Incorporated
- Nutreco NV
- Sunrise Nutrachem Group Co Ltd.
- Zhengzhou Global Bio-Chem Technology Co Ltd.
- Lonza Group Ltd
- Amino GmbH
- Prinova Group LLC
- Fufeng Group Ltd.
- Phibro Animal Health Corporation
- CJ CheilJedang Corporation
- TransDigm Group Incorporated
- Mills Manufacturing Corporation
- Precision Aerodynamics LLC
- Aerodyne Research Inc.
- Safran SA
- FXC Corporation
- Bunge Limited
- Novozymes A/S
For more information about this report visit https://www.researchandmarkets.com/r/wb4led
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