Feed & Additive Magazine Issue 36 January 2024

MARKET REPORT 64 FEED & ADDITIVE MAGAZINE January 2024 • Adisseo • ADM • Ajinomoto • Alltech • AminoSib JSC • AMixCo Premix • Anhui Huaheng Biotechnology • Balchem • Baoding Mantong Fine Chemistry • BASF • Bio-chem Technology Group • Cargill • Chattem Chemicals • China BBCA Group • Chongqing Unisplendour Chemical • CJ Bio America • CJ CheilJedang • CJ do Brasil • Daesang Corp. • Donbiotech • dsm-firmenich • Evonik Industries • Fufeng Group • GEO Specialty Chemicals • Hebei Donghua Chemical Group • Hebei Huayang Group • Heilongjiang Chengfu Food Group • Henan HDF Chemical • Henan Julong Biological Engineering • IFF (Danisco Animal Nutrition) • Kemin Industries • Koudijs Mkorma • Kyowa Hakko Bio • Land O’Lakes • Linghua Group • Meihua Group • MeiHua Holdings Group • METabolic EXplorer • Milk Specialties Global • Mitsui & Co. • Multi Vita • Nagase & Co. • NB Group • Newtrend Group • Ningxia Eppen Biotech • Ningxia Unisplendour Tianhua Methionine • Novus International • Nutreco • Nutriad • Phibro Animal Health • Prinova Group • Prioskolye CJSC • Saratov Biotechnologies • Shaanxi Sciphar Hi-Tech Industry • Shandong Shouguang Juneng Group • Shantou Jiahe Biological Technology • Shijiazhuang Donghua Jinlong Chemical • Shijiazhuang Shixing Amino Acid • Shijiazhuang Zexing Amino Acid • Star Lake Bioscience • Sumitomo Chemical • Sunrise Nutrachem Group • Taiwan Amino Acids • Vedan International • Volzhsky Orgsynthese • Welding GmbH • Zhaoqing Guangdong • Zhejiang NHU • Zhejiang Shenghua Biok Biology SOME FEED AMINO ACID SUPPLIERS IN THE WORLD: uously evolving livestock production methods. Asia Pacific, home to some of the world's most populous countries such as China and India, is estimated to hold more than 38% of the global feed amino acids market in 2022. Farmers are becoming more conscious to achieve high productivity targets and significant growth in the aquaculture sector is fuelling the demand for feed amino acids in this region. In addition, rapid industrialisation and urbanisation have helped increase the per capita income level in the region, and the increase in the level of disposable income has increased the demand for protein-rich foods, which are cited as the most important reasons for the region's influence in the global market. In the global amino acid market, it is estimated that North America will follow the Asia Pacific region, while Europe will continue to maintain its current strength in the market. References: 1. IX. Proteins – A Guide to the Principles of Animal Nutrition (oregonstate.education) 2. Amino Acids for Animal Health | Kemin Asia Pacific 3. Amino acid - Wikipedia 4. Feed Amino Acids Market Size, Share & Trend by 2033 | FMI (futuremarketinsights.com) 5. Feed Amino Acids Market Size, Share, Trends | Forecast 2032 (acumenresearchandconsulting.com) 6. Feed Amino Acids Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis (theinsightpartners.com) 7. Feed Amino Acids Market Statistics | Global Trends Report, 2032 (gminsights.com) 8. Feed Amino Acids Market Size, Share, Trends, Growth By 2030 (marketresearchfuture.com) 9. Animal Feed Amino Acids Market Size, Share, Trends & Forecast (verifiedmarketresearch.com)

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