Global Feed Amino Acids Market

The global market size of amino acids used in all fields, including animal feed, exceeds 10 million tons in quantity and USD 24 billion in value. The market size of feed amino acids, on the other hand, is around USD 4 million according to some estimates. For example; in the report published by ReportLinker, the 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 5.58% to reach USD 5,256.00 million by 2026. Due to the continuous modernization of livestock production methods and the increase in demand for animal protein, Asia-Pacific dominates the feed amino acids market.

Global Feed Amino  Acids MarketBy Derya Yıldız
Proteins and amino acids are building blocks of livestock lifecycle. Amino acids used by the body as a source of energy are categorized into three groups: essential amino acids, nonessential amino acids, and conditional amino acids. Animal body cannot produce essential amino acids. Essential amino acids include histidine, methionine, leucine, isoleucine, lysine, threonine, tryptophan, valine, and phenylalanine. Nonessential amino acids are those that can be produced in bodies. Nonessential amino acids comprise arginine, alanine, asparagine, cysteine, aspartic acid, glutamine, glycine, glutamic acid, proline, tyrosine, and serine. Conditional amino acids include cysteine, arginine, glutamine, glycine, tyrosine, ornithine, serine, and proline.

Amino acids play a significant role in health nutrition, primarily in parenteral nutrition. Amino acids are often used in dietary supplements in animal feed.

As a feed for animals, amino acids enhance the metabolic rate and provide nutrition to animals such as cattle, broilers, and pigs. Along with this, feed amino acids help in maintaining health, reproduction, and lactation of animals. The animal body contains 21 types of essential amino acids, which cannot be synthesized directly by the body. Some of these essential amino acids such as tryptophan, methionine, and lysine can be used in feed to provide them to animals. Feed amino acids comprise many energy-providing elements such as fats, oils, & carbohydrates; proteins like amino acids; vitamins; and minerals.

Rising feed production, standardization of meat product owed to sickness, epidemics and increasing government support together with multiple advantages related to amino acid supplementation in feed are some key factors driving the expansion of feed amino acids market. However, the alternative sources of macromolecule together with strict regulative framework are some major restraint factors within forecast amount. In addition, the improved efficiency of nutrients, along with growth, development, reproduction are going to present many opportunities for feed amino acids market.

MARKET GROWTH EXPECTATIONS
The global market size of amino acids used in all fields, including animal feed, exceeds 10 million 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.

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 acids globally with 2020 consumption volume share of 44.4%, which is slated to compound annually at 6.5% over 2020-2026 in reaching a projected 3.3 million metric tons by 2026.

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.

Major Players:
Adisseo
Ajinomoto Group
AMINO GmbH
AminoSib JSC
AMixCo Premix GmbH
Anhui Huaheng Biotechnology
Archer Daniels Midland Company (ADM)
Balchem Corporation
Baoding Mantong Fine Chemistry
Bluestar Adisseo
Cargill
Chattem Chemicals
China BBCA Group Corporation
Chinese Bluestar Group
Chongqing Unisplendour Chemical
CJ Bio America
CJ CheilJedang Corporation
CJ do Brasil Ltda
Daesang Corporation
Donbiotech
Europe Bio-chem Technology Group
Evonik Industries
Fufeng Group
GEO Specialty Chemicals
Global Bio-Chem
Hebei Donghua Chemical Group
Hebei Huayang Group
Heilongjiang ChengFu Food Group
Henan HDF Chemical
Kemin Industries
Koninklijke DSM N.V.
Koudijs Mkorma
Kyowa Hakko Bio
Land O’Lakes
Linghua Group
Meihua Group
METabolic EXplorer
Milk Specialties Global
Mitsui & Co.
Nagase & Co.
NB Group
Neovia
Newtrend Group
Ningxia Eppen Biotech
Ningxia Unisplendour Tianhua Methionine
Novus Biologicals
Novus International
Nutriad
Phibro Animal Health Corporation
Prinova Group
Prioskolye CJSC
Qualitech
Saratov Biotechnologies
Shaanxi Sciphar Hi-Tech Industry
Shandong Shouguang Juneng Group Golden Corn
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

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 acids globally with 2020 consumption volume share of 44.4%, which is slated to compound annually at 6.5% over 2020-2026 in reaching a projected 3.3 million metric tons by 2026. Swine feed is the second-largest consumer of feed amino acids with a share of 37.1% while aqua feed is anticipated to register the fastest similar period CAGR of 9.9% and reach a projected 67 thousand metric tons by 2026.

MARKET STATUS ON REGIONAL BASIS
Due to the continuous modernization of livestock production methods and the increase in demand for animal protein, Asia-Pacific dominates the feed amino acids market. Europe, on the other hand, is considered one of the fastest growing regions owing to the increasing consumption of quality meat.

Industry ARC’s report includes the following information on the regional market situation: Asia-Pacific dominated the feed amino acids market share with more than 52.68%, followed by North America and Europe, due to the rising consumer perception about the effect on animal products such as meat and dairy products of quality feed given to livestock. In addition, the ongoing modernization of the techniques of animal processing is expected to boost demand in Asia-Pacific region for different types of feed acids. Asia Pacific’s highest market share is attributed to rapid industrialization and urbanization, which helps to increase people’s per capita income and has contributed to a growth in demand from protein-rich food.

The number of feed mills in 2016 decreased respectively by about 39 percent, 18 percent and 13 percent, in countries such as India, South Korea and Vietnam, compared to 2015. This decrease in the number of feed mills indicates that, despite the continuous growth in consumption of animal protein, agricultural and feed production has consolidated.

MAJOR PLAYERS IN FEED MINERALS MARKET
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the feed amino acids market. According to Transparency Market Research, manufacturers are focusing on increasing their production capacities of animal feed amino acid systems to meet the demand for animal feed amino acids from among end users.

Resources:
• Verified Market Research, Global Amino Acids Market Size By Product, By Raw Material, By Application, By Geographic Scope & Forecast, https://bit.ly/3CwSKUp
• Industry ARC, Feed Amino Acids Market – Forecast(2022 – 2027), https://bit.ly/3sIcRvo
• IMARC Group, Amino Acids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, https://bit.ly/35VQWaX
• Transparency Market Research, Animal Feed Amino Acids Market, 2019 – 2027, https://bit.ly/3CkISg0
• Research And Markets, Feed Amino Acids – A Global Market Overview, https://bit.ly/3KfU4NK
• ReportLinker, Feed Amino Acids Market Research Report by Form, by Livestock, by Type, by Region – Global Forecast to 2027 – Cumulative Impact of COVID-19, https://bit.ly/3txErdR
• Mordor Intelligence, Feed Amino Acids Market – Growth, Trends, Covid-19 Impact, And Forecasts (2022 – 2027), https://bit.ly/3sKaw2R