Europe Feed Amino Acids Market was worth USD 5.25 billion in 2021 and estimated to be growing at a CAGR of 6.17%, to reach USD 7.74 billion by 2026. The Europe Feed Amino Acids Market continues to rise with the increase in demands for animal derived products. The breeders have started to take more interest in the market and their will to have an increase in their profitability has led to a sharp growth in the market and will stay the same in coming years.
Feed amino acids are mostly used as additives in feed for various types of animals. They are used to get an increase in the productivity of the livestock and hence to meet the rise in demands of animal products. Also, the nutritional value of Amino Acids helps prevent various health problems like autism, fatigue, allergies, dermatitis etc.
Drivers and Restraints of Europe Feed Amino Acids Market:
The increasing feed costs and rise in demand for dairy and meat products have fuelled the growth of Europe Feed Amino Acids Market. Other factors propelling the growth of Europe Feed Amino Acids Market size include expansion of animal meat market, Industrialization of livestock industry, and livestock disease outbreaks. Apart from the drivers, the Europe Feed Amino Acids Market also faces some restraints and challenges as well, some of which are competition for raw materials with other industries, availability of alternative protein sources, Regulatory framework and price volatility of Agri-commodities. These factors have been acting as hurdles in the growth of the Europe Feed Amino Acids Market.
Europe Feed Amino Acids Market - By Livestock:
Europe Feed Amino Acids Market - By Amino Acids:
On the basis of geographical analysis, Europe Feed Amino Acids Market is segmented under various countries namely
Some of the major leaders of the Europe Feed Amino Acids Market include Archer Daniels Midland Company, Adisseo France Sas, Ajinomoto Co. Inc., Royal Dsm N.V., Cargill Inc, Cheil Jedang, Novus International Inc, Evonik Industries Ag, PHW Group, Kemin Europa.
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