Feed Amino Acids Market

Feed Amino Acids Market Size & Growth: 

Feed Amino Acids Market was worth USD 22.99 billion in 2021 and estimated to be growing at a CAGR of 6.07%, to reach USD 31.81 billion by 2026.

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 of animal products. The nutritional value of Amino Acids helps in avoiding health problems like allergies, autism, fatigue, dermatitis, etc.

Feed Amino Acids 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 Industrialization of the livestock industry, expansion of 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:

Feed Amino Acids Market Segmentation:

Feed Amino Acids Market - By Livestock:

• Swine
• Cattle
• Poultry
• Aquaculture
• Other

Feed Amino Acids Market - By Amino Acid:

• Tryptophan
• Lysine
• Methionine
• Threonine
• Others

Regional Analysis:

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

The Feed Amino Acids market was dominated by Asia-Pacific, with the 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 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.