Feed Amino Acids Market

Global Feed Amino Acids Market Size (2024 to 2029)

The global feed amino acids market size is expected to reach USD 27.44 billion in 2024 and reach USD 36.84 billion by 2029, growing at a CAGR of 6.07% from 2024 to 2029.

The Feed Amino Acids Market size continues to grow with the increase in demand for animal-derived products. The breeders have been taking more interest in the market and their will to increase their profitability has led the market to showcase significant growth in the coming years. Feed amino acids are generally used as feed additives for various types of livestock. They are being used to increase the productivity of the livestock to meet the rising demand for animal products. The nutritional value of Amino Acids helps in avoiding health problems like allergies, autism, fatigue, dermatitis, etc.

Market Drivers

The rise in the demand for meat and dairy products and increasing feed costs have fuelled the Feed Amino Acids market growth. Other driving factors for Amino Acids include the Industrialization of the livestock industry, expansion of the animal meat market, changing demographics in the Asia Pacific and South America, and livestock disease outbreaks. Besides drivers, the Feed Amino Acids market faces some challenges and restraints as well, some of these are the availability of alternative protein sources, competition for raw materials with other industries, price volatility of Agri-commodities and Regulatory framework. These few factors have been holding back the market from reaching its potential.

REPORT COVERAGE

REGIONAL ANALYSIS

The Feed Amino Acids market was dominated by Asia-Pacific, with an overall market share of over 35% globally. The APAC market was followed by Europe and North America accounting for almost half of the market share.

KEY MARKET PLAYERS

Some of the major leaders of the Feed Amino Acids Market include Archer Daniels Midland Company, Cargill Inc., Royal Dsm N.V., Novus International Inc., Adisseo France Sas, Cheil Jedang, Ajinomoto Co. Inc., PHW Group, Evonik Industries Ag, Kemin Europa.

DETAILED SEGMENTATION OF THE GLOBAL FEED AMINO ACIDS MARKET INCLUDED IN THIS REPORT

The market research report on the global glufosinate market is segmented and sub-segmented into the following categories.

By Livestock

• Swine
• Cattle
• Poultry
• Aquaculture
• Other

By Amino Acid

• Tryptophan
• Lysine
• Methionine
• Threonine
• Others

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa