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Feed Amino Acids Market Size

  • 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.

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of feed amino acids surpassed USD 7.4 billion in 2022 and is anticipated to register 5.5% CAGR from 2023-2032, according to GMI report.

The feed amino acids industry from the lysine product segment is projected to attain 5% gains between 2023 and 2032 due to low-cost feed production and lower environmental impact.

Asia Pacific feed amino acids industry size is poised to cross USD 4.5 billion by 2032 driven by the surging meat consumption in China.

Meihua Group, Daesang Corporation, Multi Vita, Kemin Industries, Inc, Evonik Industries AG, and BBCA Group are some of the major companies in the competitive landscape.

Feed Amino Acids Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 772
  • Countries covered: 44
  • Pages: 724
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