PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1577052
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1577052
Feed Amino Acids Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
The Global Feed Amino Acids Market reached a valuation of USD 7.69 billion in 2023 and is anticipated to grow at a CAGR of 5.8% from 2024 to 2032. This market focuses on producing and supplying essential amino acids, which are incorporated into animal feed to enhance the growth, health, and performance of livestock and poultry. Key amino acids in this market include lysine, methionine, threonine, and tryptophan, all crucial for protein synthesis and overall animal nutrition.
Global meat and dairy consumption is on the rise, driving the demand for superior feed quality. Innovations in amino acid formulations and production are enhancing feed efficiency and cost-effectiveness. A growing emphasis on animal nutrition and the benefits of balanced amino acid profiles are propelling market growth. Regulatory support for improved feed practices and sustainability is promoting precision nutrition, aiming to enhance feed conversion rates and reduce environmental impacts. The expanding aquaculture and poultry sectors are increasing the demand for specialized amino acid supplements, with the FAO projecting global aquaculture production to surpass 100 billion metric tons by 2024.
The lysine segment of the feed amino acids market is projected to grow at over 5.3% between 2024 and 2032, reaching an estimated USD 2.87 billion. The rising demand for feed additives to satisfy livestock nutritional needs is driving lysine usage in feed production. Livestock farmers favor lysine not only for its health benefits but also for its cost-saving potential, especially in replacing pricier raw materials like soybean meal. Additionally, lysine's role in mitigating the environmental impact of feed production is gaining recognition, with numerous studies validating the effectiveness of various lysine compounds in enhancing feed's nutritional profile.
The swine segment of the feed amino acids market is set to reach nearly USD 3.12 billion by 2032, growing at a CAGR of 5.1%. The rising demand for high-protein pork is boosting the need for fortified feed to enhance swine health and performance. Furthermore, emerging threats like African swine fever (ASF) and other infectious diseases are heightening the demand for feed additives. Given that contaminated pork can lead to human gastrointestinal issues, underscoring the importance of proper livestock care and nutrition. USDA data highlights that pork is responsible for 8% to 13% of the annual 1 billion foodborne human salmonellosis cases.
Asia Pacific's feed amino acids market revenue is projected to approach USD 4.58 billion by 2032, with 6.5% CAGR. The region's numerous feed companies are creating lucrative business opportunities. Countries like India and China are witnessing industry growth, driven by their surging demand for meat and meat products fueled by a rising population. This increasing demand for nutrient-rich animal feed is further propelling regional growth.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market scope and definition
- 1.2 Base estimates and calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Key manufacturers
- 3.1.2 Distributors
- 3.1.3 Profit margins across the industry
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Rising demand for animal protein
- 3.2.1.2 Advancements in nutrition technology
- 3.2.1.3 Regulatory support and sustainability initiatives
- 3.2.2 Market challenges
- 3.2.2.1 Limited consumer awareness
- 3.2.2.2 Competition from established alternatives
- 3.2.3 Market opportunity
- 3.2.3.1 New opportunities
- 3.2.3.2 Growth potential analysis
- 3.2.1 Growth drivers
- 3.3 Raw material landscape
- 3.3.1 Manufacturing trends
- 3.3.2 Technology evolution
- 3.3.2.1 Sustainable manufacturing
- 3.3.2.1.1 Green practices
- 3.3.2.1.2 Decarbonization
- 3.3.2.1 Sustainable manufacturing
- 3.3.3 Sustainability in raw materials
- 3.3.4 Pricing trends (USD/Ton), 2021 - 2032
- 3.3.4.1 North America
- 3.3.4.2 Europe
- 3.3.4.3 Asia Pacific
- 3.3.4.4 Latin America
- 3.3.4.5 Middle East and Africa
- 3.4 Regulations and market impact
- 3.5 Porter's analysis
- 3.6 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
Chapter 5 Market Size and Forecast, By Product, 2021-2032 (USD Billion, Tons)
- 5.1 Key trends
- 5.2 Lysine
- 5.3 Tryptophan
- 5.4 Glutamic acid
- 5.5 Threonine
- 5.6 Valine
- 5.7 Arginine
- 5.8 L-Histidine
- 5.9 L-Isoleucine
- 5.10 Leucine
- 5.11 Phenylalanine
Chapter 6 Market Size and Forecast, By Application, 2021-2032 (USD Billion, Tons)
- 6.1 Key trends
- 6.2 Cattle
- 6.2.1 Dairy
- 6.2.2 Beef
- 6.2.3 Calf
- 6.3 Swine
- 6.3.1 Sow
- 6.3.2 Piglet
- 6.3.3 Others
- 6.4 Poultry
- 6.4.1 Broilers
- 6.4.2 Layers
- 6.4.3 Turkey
- 6.4.4 Others
- 6.5 Aquaculture
- 6.5.1 Salmon
- 6.5.2 Trout
- 6.5.3 Shrimp
- 6.5.4 Others
- 6.6 Pet food
- 6.6.1 Dog
- 6.6.2 Cat
- 6.7 Others
Chapter 7 Market Size and Forecast, By Region, 2021-2032 (USD Billion, Tons)
- 7.1 Key trends
- 7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 France
- 7.3.4 Italy
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 India
- 7.4.3 Japan
- 7.4.4 South Korea
- 7.4.5 Australia
- 7.4.6 Rest of Asia Pacific
- 7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.5.3 Argentina
- 7.5.4 Rest of Latin America
- 7.6 MEA
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 South Africa
- 7.6.4 Rest of MEA
Chapter 8 Company Profiles
- 8.1 Meihua Group
- 8.2 Ajinomoto Co., Inc.
- 8.3 Ningxia Eppen Biotech Co., Ltd
- 8.4 Archer-Daniels-Midland Company (ADM)
- 8.5 Global Bio-chem Technology Group Company Limited
- 8.6 CJ Cheiljedang Corporation
- 8.7 Daesang Corporation
- 8.8 Henan Julong Biological Engineering Co., Ltd
- 8.9 Multi Vita
- 8.10 Kemin Industries, Inc
- 8.11 Evonik Industries AG
- 8.12 BBCA Group
- 8.13 Heilongjiang Chengfu Food Group Co., Ltd.
