Animal Feed Amino Acid Market Report: Trends, Forecast and Competitive Analysis to 2030
Animal Feed Amino Acid Trends and Forecast
The future of the global animal feed amino acid market looks promising with opportunities in the poultry, swine, ruminant, and aquatic animal markets. The global animal feed amino acid market is expected to reach an estimated $9.83 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are increasing livestock population, rise in disposable income, and improvement in production productivity and environmental sustainability.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Animal Feed Amino Acid by Segment
The study includes a forecast for the global animal feed amino acid by product type, livestock, and region.
Animal Feed Amino Acid Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Threonine
- Tryptophan
- Methionine
- Lysine
- Others
Animal Feed Amino Acid Market by Livestock [Shipment Analysis by Value from 2018 to 2030]:
- Poultry
- Swine
- Ruminants
- Aquatic Animals
- Others
Animal Feed Amino Acid Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies animal feed amino acid companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the animal feed amino acid companies profiled in this report include-
- Kemin Industries
- Sumitomo Chemical
- Shijiazhuang Donghua Jinlong Chemical
- Ajinomoto
- Novus International
Animal Feed Amino Acid Market Insights
Lucintel forecasts that threonine is expected to witness the highest growth over the forecast period as it enhances the protein synthesis and promotes weight gain.
Within this market, poultry will remain the largest segment due to growing awareness of the advantages of amino acids in feed.
APAC will remain the largest region over the forecast period due to rapid urbanization and growing demand for protein-rich food in the region.
Features of the Global Animal Feed Amino Acid Market
Market Size Estimates: Animal feed amino acid market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Animal feed amino acid market size by product type, livestock, and region in terms of value ($B).
Regional Analysis: Animal feed amino acid market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, livestock, and regions for the animal feed amino acid market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the animal feed amino acid market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the animal feed amino acid market size?
Answer: The global animal feed amino acid market is expected to reach an estimated $9.83 billion by 2030.
Q2. What is the growth forecast for animal feed amino acid market?
Answer: The global animal feed amino acid market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the animal feed amino acid market?
Answer: The major drivers for this market are increasing livestock population, rise in disposable income, and improvement in production productivity and environmental sustainability.
Q4. What are the major segments for animal feed amino acid market?
Answer: The future of the animal feed amino acid market looks promising with opportunities in the poultry, swine, ruminant, and aquatic animal markets.
Q5. Who are the key animal feed amino acid market companies?
Answer: Some of the key animal feed amino acid companies are as follows:
- Kemin Industries
- Sumitomo Chemical
- Shijiazhuang Donghua Jinlong Chemical
- Ajinomoto
- Novus International
Q6. Which animal feed amino acid market segment will be the largest in future?
Answer: Lucintel forecasts that threonine is expected to witness the highest growth over the forecast period as it enhances the protein synthesis and promotes weight gain.
Q7. In animal feed amino acid market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rapid urbanization and growing demand for protein-rich food in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the animal feed amino acid market by product type (threonine, tryptophan, methionine, lysine, and others), livestock (poultry, swine, ruminants, aquatic animals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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