Animal
Feed Amino Acids Market: Introduction
In terms of
value, the global animal feed
amino acids market is anticipated to expand at a CAGR of ~5% from 2019 to 2027.
Amino acids are the building blocks of polypeptides and proteins that are key
components of animal tissues and muscles. Amino acids form significant
components in fluids such as milk. Amino acids also play an important role in
several metabolic and biochemical processes in cells of livestock/animals. They
help improve the productivity of farm animals. Composition of amino acids in
feed is flexible. Therefore, it is important to monitor feedstuff quality in
order to ensure that the livestock is consuming proper amount of amino acids in
order to maintain their productivity and health. The demand for high
nutritional content in animal feed has been increasing rapidly across the
globe. This has resulted in extensive usage of various types of amino acids in
feed production.
Lack of Awareness about Product
Usage to Hamper Demand for Animal Feed Amino Acids
Lack of
awareness about benefits and dosage of amino acids is a major factor expected
to hamper the animal feed amino acids market. Additionally, availability of
cost-effective alternative protein sources for amino acids in feed production
such as seaweed and soya meal is adversely affecting the adoption of amino
acid-based animal feed products in various regions. Farmers also prefer
traditional feeds, foods, and grass over new and efficient products.
Consumption of meat (including beef and pork) is low in several countries,
owing to religious or traditional values. This is another key factor estimated
to hamper the global animal feed amino acids market.
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Methionine to Witness Major Demand
in Animal Feed Amino Acids Market
Based on
product, the global animal feed amino acids market has been segregated into
tryptophan, lysine, methionine, threonine, and others. The methionine segment
is projected to expand at a CAGR of 5.6% during
the forecast period. Methionine is primarily preferred for ruminants, swine,
and poultry application segments. It is a key product used for sheep and cattle
as a methyl group donor as well as precursor for cysteine synthesis. Methionine
is available in two types of isomer forms: D-methionine and L-methionine. The
L-methionine form is largely employed in the animal feed industry. Both these
forms can be metabolized in animals by DL-racemase. DL-Methionine is
manufactured through chemical synthesis from various raw materials such as
hydrocyanic acid, methyl mercaptan, and acrolein.
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Ruminants to be Dominant
Application of Animal Feed Amino Acids
Based on
application, the global animal feed amino acids market has been divided into
ruminants (cattle, sheep, and others), poultry, swine, pets, equine, aqua, and
others. The ruminants segment accounted for more than 40% share of the global
animal feed amino acids market in 2018. The segment
has been further sub-segmented into cattle, sheep, goat, and others. Better
amino acids and high number of dietary proteins are required for sheep and
cattle in order to increase milk production in cows. Depending on diet, lysine
and methionine are some of the important amino acids required for milk
production. Methionine, isoleucine, leucine, and threonine are vital
amino acids for calves. However, deficiency in these amino acids may result in
delayed onset of maturity and slowdown in growth. Methionine is an essential
amino acid for sheep and cattle as a methyl group donor and pioneer for
cysteine synthesis.
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Increase in
adoption of amino acid-based animal feed in poultry and swine applications is
another factor that is likely to fuel the demand for animal feed amino acids
across the globe.
Asia Pacific to be Lucrative Region
of Animal Feed Amino Acids Market
In terms of
consumption, Asia Pacific dominated the global animal feed amino acids market
in 2018.
The market in the region is expected to expand at a rapid pace from 2019 to 2027. Rise
in urbanization, growth in meat consumption, and strong economic growth are
major macroeconomic factors projected to boost the demand for animal feed amino
acids in Asia Pacific in the near future. Increase in consumption of animal
feed amino acids in applications in ruminants and poultry is also expected to
drive the market in Asia Pacific. Consumption of animal feed amino acids in the
poultry segment in the region, particularly in India and China, is likely to
rise moderately in the next few years.
In terms of
consumption, Europe is anticipated to be a prominent region of the global
animal feed amino acids market during the forecast period. It is estimated to
be followed by Asia Pacific.
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Competition Landscape
The global
animal feed amino acids market was highly fragmented in 2018, with numerous
manufacturers operating in the market. Archer Daniels Midland Company,
Evonik Industries AG, Ajinomoto Group, Novus International Inc., Sumitomo
Chemical Co. Ltd., Adisseo, Cargill, and MeiHua Holdings Group Co., Ltd.
are some of the leading companies that accounted for 76% share of the market in
2018. Key players are consistently focusing on the development of high quality
animal feed amino acid products in order to improve product offerings and gain
competitive edge in the global animal feed amino acids market.
Key
manufacturers operating in the global animal feed amino acids market include Archer Daniels Midland Company,
Evonik Industries AG, Kemin Industries, Sumitomo Chemical Co. Ltd., Novus
International Inc., Cargill, Adisseo, MeiHua Holdings Group Co., Ltd., Koudijs
Mkorma, Europe Bio-chem Technology Group Company Limited, Shijiazhuang Donghua
Jinlong Chemical Co. Ltd., and Ajinomoto Group,.
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