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Feed Amino Acids Market Trends

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

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Feed Amino Acids Market Trends

Stringent standards and regulations on feed additive registrations and labeling are poised to dampen the market. As meat consumption rises, food agencies are enforcing stricter guidelines for both animal and human safety. According to the USDA, meat consumption in the United States reached approximately 225 pounds per capita in 2023. The push for high-protein animal products is prompting manufacturers and regulators to tighten manufacturing protocols, potentially limiting the use of feed amino acids in animal feed.

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.