MARKET REPORT FEED & ADDITIVE MAGAZINE March 2022 71 tons in quantity and US$ 24 billion in value. According to the "Amino Acids Market" report prepared by IMARC Group, global amino acids market reached a volume of 10.3 million tons in 2021. Looking forward, IMARC Group expects the market to reach 13.8 million tons by 2027, exhibiting at a CAGR of 4.7% during 2022-2027. Verified Market Research's "Global Amino Acids Market" report, on the other hand, provides an overview of the market by value. According to the Verified report, amino acids market size was valued at USD 24.15 billion in 2020 and is projected to reach USD 43.20 billion by 2028, growing at a CAGR of 7.95% from 2021 to 2028. Different reports have different data on the size and growth potential of the market for amino acids used in animal feeds. For example; in the report published by ReportLinker, global feed amino acids market size was estimated at USD 3,792.78 million in 2020 and expected to reach USD 3,991.91 million in 2021, at a CAGR of 5.58% to reach USD 5,256.00 million by 2026. Industry ARC, on the other hand, forecasts the market size to reach $7.38 billion by 2025, after growing at a CAGR of 3.90% during 2020-2025. According to another report prepared by Mordor Intelligence; the feed amino acid market was valued at USD 6,760.2 million in 2019, and it is projected to register a CAGR of 5.8% over the 2020-2025 forecast period. MARKET DRIVERS Today, animal nutritionists around the world have been increasingly leaning toward the use of animal feed amino acids to fulfill the growing demand for livestock products and improve feed efficiency at lower costs. Moreover, factors such as increased consumption in food of animal origin, increased yield in animal products, efforts to ensure quality and standardization, and protection of animal health stand out as the main triggers of the global feed amino acid market. According to Industry ARC's report covering the 2022-2027 forecast period; increased demand for meat and dairy products, industrialization in the livestock sector as food habits have changed and animal diseases are increasingly penetrating, may lead to the growth of industry. Increased customer awareness about meat quality and safety can boost the demand of the market for amino acids feed. Standardizing of meat products due to disease outbreaks, growth in feed production and the introduction of advanced methods in livestock farming to improve meat quality are expected to be the key factors driving the demand. MARKET STATUS BASED BY TYPE Lysine, methionine, tryptophan and threonine are among the most essential amino acids that should be included in the animal feed for better nutrition. According to Industry ARC's report, threonine segment will hold the largest share for feed amino acids market during the 2022-2027 forecast period. Threonine in the feed is used mainly as a way of enhancing protein synthesis and gathering weight. It also helps to preserve immunity and intestinal integrity. Its deficiency affects the growth of animals and may lead to digestive problems. L-threonine also leads to better use of lysine, optimizes the composition of food, and lowers animal processing costs and the extraction of nitrogen. The threonine market segment is guided by these factors. MARKET STATUS BASED BY LIVESTOCK Based on livestock, the feed amino acids market is segmented into ruminants, swine, poultry, aquaculture and others. Research And Markets' report titled "Feed Amino Acids - A Global Market Overview" draws attention to the fact that poultry feeds are the largest use of amino acids. According to that report, poultry feed constitutes the largest consumer of feed amino ac-
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