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Feed Amino Acids Market Analysis

  • Report ID: GMI5426
  • Published Date: Aug 2024
  • Report Format: PDF

Feed Amino Acids Market Analysis

Lysine segment is slated to register over 5.3% gains between 2024 and 2032 with an expected market size of USD 2.87 billion. The surging demand for feed additives to meet the nutritional requirements of livestock will propel the usage of lysine in feed manufacturing. Lysine is popular among livestock farmers for its multiple benefits for animal health as well as to save costs in replacing expensive raw materials such as soybean meal. This amino acid is also increasingly used to reduce the environmental impact of feed manufacturing by limiting Furthermore, several studies have been conducted to determine the efficacy of different lysine compounds in enhancing the nutritional profile of feed.
 

Global Feed Amino Market Revenue Share, By Application, (2023)

Feed amino acids market size from the swine livestock segment is poised to witness nearly USD 3.12 billion by 2032 with a CAGR of 5.1%. The growing demand for high-protein pork is expected to increase the need for fortified feed for improving the health performance of swine. Moreover, the emergence of novel epidemics such as African swine fever (ASF), and the outbreaks of infectious diseases among swine is fostering the necessity for feed additives.
 

For instance, the pork production sector in the U.S. experiences significant damage from porcine reproductive and respiratory syndrome (PRRS), which is a highly contagious disease affecting swine. The consumption of contaminated pork is a key cause of gastrointestinal conditions in humans, necessitating appropriate care and nutrition for livestock. According to the USDA data on foodborne disease outbreaks, pork annually accounts for 8% to 13% of the 1 billion foodborne human salmonellosis.
 

Asia Pacific Feed Amino Acids Market Size, 2021- 2032 (USD Billion)

Feed amino acids market revenue in Asia Pacific is anticipated to reach approximately USD 4.58 billion by 2032 with a CAGR of 6.5%. The presence of many feed companies in the region will escalate lucrative business prospects. The industry expansion across countries, such as India and China can be attributed to the growing demand for meat and meat products because of the constantly escalating population index in these countries. The developing burden on animal farming and meat sectors is set to proliferate the demand for nutrient-rich animal feed, adding to the regional growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size achieved USD 7.69 billion in 2023 and will record a 5.8% CAGR from 2024 to 2032, driven by a surge in global meat and dairy consumption, necessitating superior feed quality.

Lysine segment is slated to register over 5.3% gains between 2024 and 2032, due to its multiple benefits for animal health as well as to save costs in replacing expensive raw materials such as soybean meal.

Asia Pacific feed amino acids industry revenue is anticipated to reach approximately USD 4.58 billion by 2032, owing to the presence of many feed companies in the region.

Ajinomoto Co., Inc., Ningxia Eppen Biotech Co., Ltd, Archer-Daniels-Midland Company (ADM), Global Bio-chem Technology Group Company Limited, CJ Cheiljedang Corporation, Daesang Corporation, Henan Julong Biological Engineering Co., Ltd, and Multi Vita among others.

Feed Amino Acids Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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