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Feed Amino Acids Market Share
Meihua Group, Ajinomoto Co., Inc., Ningxia Eppen Biotech Co., Ltd, Archer-Daniels-Midland Company (ADM), and Global Bio-chem Technology Group Company Limited employ various strategies in the market. They focus on technological innovation to enhance production efficiency and develop high-quality amino acid products. Strategic partnerships and acquisitions help expand their market presence and capabilities. Investments in R&D drive advancements in amino acid formulations and applications. These companies also emphasize sustainability by adopting eco-friendly production processes and complying with regulatory standards. Additionally, they engage in global market expansion to tap into emerging regions with growing demand for animal nutrition.
Feed Amino Acids Market Companies
Top companies operating in the feed amino acids industry include:
- Meihua Group
- 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
- Multi Vita
- Kemin Industries, Inc
- Evonik Industries AG
- BBCA Group
- Heilongjiang Chengfu Food Group Co., Ltd.
Why is the demand for lysine increasing in feed amino acids industry?
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.
How big is Asia Pacific feed amino acids market?
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.
Who are the key players in feed amino acids industry?
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.
What is the size of feed amino acids market?
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.