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Feed Amino Acids Market size to exceed $12.7 Bn by 2032

  • Published Date: February 14, 2023

Feed Amino Acids Market size is projected to cross USD 12.7 billion by 2032, according to a new research report by Global Market Insights Inc.

Rising investments in R&D and innovations of animal feed products are expected to positively influence the market outlook. The significant growth in the global population, increasing 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 spur the industry demand.

Surging production of glutamic acid for cattle supplementation to boost the industry trends

Feed amino acids market from the glutamic acid product segment is poised to reach 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.

Rising demand for amino acid-rich fish feed to favour the industry growth

Global Amino Acids Market By Livestock

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Feed amino acids market from aquaculture livestock segment will record a CAGR of 6% between 2023 and 2032. The growing use of feed amino acids in aquaculture production can be 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 foster the market demand.

Browse key industry insights spread across 724 pages with 735 market data tables and 25 figures & charts from the report, “Feed Amino Acids Market Size By product (Lysine, Tryptophan, Glutamic Acid, Threonine, Valine, Arginine, L-Histidine, L-Isoleucine, Leucine, Phenylalanine), By Application (Cattle, {Dairy, Beef, Calf}, Swine {Sow, Piglet, Others}, Poultry {Broilers, Layers, Turkey}, Aquaculture {Salmon, Trout, Shrimp, Others}, Pet food {Dog, Cat, Others}), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2023-2032” in detail along with the table of contents:

Hefty investments in meat supply chain to proliferate North America market

North America feed amino acids market to surpass 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 impact 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.

New deals and acquisitions to augment the industry development

Major players involved in the feed amino acids market include 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.

Authors: Kiran Pulidindi, Kunal Ahuja