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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
- Report ID: GMI5426
- Published Date: Feb 2023
- Report Format: PDF
Feed 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.
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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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
Lysine feed amino acids market is slated to register over 5% gains between 2023 and 2032. The surging demand for feed additives to meet the nutritional requirements of livestock will propel the usage of lysine in feed manufacturing. Lysine is popular among livestock farmers for its multiple benefits for animal health as well as to save costs in replacing expensive raw materials such as soybean meal. This amino acid is also increasingly used to reduce the environmental impact of feed manufacturing by limiting the nitrogen emissions. Furthermore, several studies have been conducted to determine the efficacy of different lysine compounds in enhancing the nutritional profile of feed.
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.
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
The COVID-19 outbreak had a negative impact on the feed amino acids business scenario. The emergence of the pandemic resulted in lower meat production, on account of the significant supply chain disruptions. According to the Biannual Report on Global Food Market by the Food & Agriculture Organization (FAO), the estimated global meat production in 2020 was 1.7% lower than in 2019. Owing to the decreased meat production and reduced capacity, meat prices in the U.S. surged dramatically in the wake of the pandemic. High retail meat prices and the decreasing meat demand from restaurants and food businesses negatively influenced the need for nutritional animal feed and feed additives.
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
Frequently Asked Questions (FAQ) :
Feed Amino Acids Market Scope
