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Dublin, November 10, 2021 /PRNewswire/-The "Global Amino Acid Market-Products and Applications" report has been added to ResearchAndMarkets.com's products.
The global demand for amino acids is expected to achieve a healthy compound annual growth rate of 5%, mainly driven by the above-average growth of the animal feed industry and the continued growth of the nutraceutical and pharmaceutical industries.
Animal feed is the world's largest and fastest growing amino acid application. The global consumption of amino acids in animal feed and nutraceutical applications is expected to increase, with corresponding compound annual growth rates of 6.1% and 5.5%, respectively.
It is estimated that by 2020, the global value market share of amino acids will be 53.7%, which is the largest market for animal feed applications. It is expected to reach 15.8 billion US dollars by 2026, reflecting the fastest compound annual growth rate of 6% in two years. The overall growth of the amino acid market is affected by African Swine Fever (ASF) and COVID-19, with the slowest growth rate in terms of volume and value in 2020.
Analysis period, unit and growth rate
The report reviews, analyzes and predicts the metric tons, market value (USD) of the global amino acid market from 2017 to 2026 and the expected compound annual growth rate (CAGR) from 2020 to 2026, with special attention to the year-on-year growth in 2020
This report analyzes the product segmentation/subtypes and end-use applications of the global amino acid market
The report specifically analyzes the consumption and value of each end-use sector by amino acid type
The demand for animal protein continues to increase to promote the increase in the amount of amino acids in the production of compound feed
Emerging opportunities for amino acids in the high-growth aquaculture industry
Foods rich in branched chain amino acids that claim to extend lifespan
Next Limiting the amino acid L-valine promotes the growth of BCAA in the animal feed industry
The demand for branched-chain amino acids in nutraceuticals has been improved from sports nutrition
Focus on major business trends in product innovation/development, mergers and acquisitions, joint ventures and other recent industry developments
Industry guide includes contact information for 219 companies
The demand for animal protein continues to increase to promote the increase in the amount of amino acids in the production of compound feed
Emerging opportunities for amino acids in the high-growth aquaculture industry
Foods rich in branched chain amino acids that claim to extend lifespan
Next Limiting the amino acid L-valine promotes the growth of BCAA in the animal feed industry
The demand for branched-chain amino acids in nutraceuticals has been improved from sports nutrition
Adisseo France SAS (France)
Archer Daniels Midland Corporation (USA)
CJ CheilJedang Co., Ltd. (Korea)
Fufeng Group Co., Ltd. (China)
Global Biochemical Technology Group Co., Ltd. (Hong Kong)
Hebei Donghua Chemical Group (China)
Kyowa Fermentation Biology Co., Ltd. (Japan)
Meihua Holding Group Co., Ltd. (China)
Ningxia Apeng Biotechnology Co., Ltd. (China)
Ningxia Ziguang Tianhua Methionine Co., Ltd. (China)
Nippon Rika Co., Ltd. (Japan)
Novus International, Inc. (United States)
Shijiazhuang Donghua Jinlong Chemical Co., Ltd. (China)
Sumitomo Chemical Co., Ltd. (Japan)
Vedan International (Holdings) Limited (Vietnam)
Zhejiang Xinhecheng Co., Ltd. (China)
Main business and product trends
MEtabolic EXplorer will acquire the amino acid subsidiary of Ajinomoto Europe
ADM will stop dry lysine production in 2021
Evonik concentrated its production of methionine in three locations and ended production in Wesseling, Germany
Evonik launches its own guanidinoacetic acid product GuanAMINO
Amino GmbH registers the US FDA drug master file for its threonine
ADM Animal Nutrition launches NutriPassT L encapsulated lysine
Amino GmbH doubles its pharmaceutical-grade amino acid production capacity
CJ BIO successfully developed the world's first L-methionine fermentation technology
Russia Saratov Biotechnology Company started to build L-lysine hydrochloride plant
Evonik resumes methionine production in Antwerp, Belgium
CPS Performance Materials acquires GEO Specialty Chemicals
Ajinomoto will build a new condiment plant in Malaysia
Ajinomoto plans to increase the production capacity of Amisoft amino acid-based surfactants at its Brazilian plant
Evonik launches the second MetAMINO methionine production plant in Singapore
Adisseo terminates its ruminant feed additive distribution agreement with Kemin
Evonik Inks and Halchemix Canada enter into a deal to distribute Mepron methionine in Canada
WACKER starts selling cystine and cysteine products under the new brand FERMOPURE
ADM strengthens its animal nutrition business by acquiring Neovia
CJ CheilJedang expands lysine production in Brazil
Sumitomo Chemical started production at the new methionine plant in Ehime
WACKER starts production of cystine in Spain
Zhejiang Xinhecheng will build 250,000 tons of methionine plant in China
CJ CheilJedang increases production capacity of L-arginine and L-citrulline in Indonesia
Evonik stops producing ThreAMINO at its Kaba plant in Hungary
Amino GmbH established Amino Acids Premix Company AMixCo Premix GmbH
Adisseo acquires Nutriad, a producer of feed additives
ADM Animal Nutrition launches PROPLEX T highly concentrated protein
Construction of Adisseo's 180,000 tons/year liquid methionine plant in Nanjing, China started
CJ Bio America will build a new threonine production line at the Fort Dodge plant
Evonik cooperates with Fufeng Group to produce L-threonine in China
For more information about this report, please visit https://www.researchandmarkets.com/r/9cds85
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