Global Feed Amino Acid Market

Global Feed Amino Acid Market Size, Share, Growth Analysis, By Type(Lysine, Methionine), By Application(Ruminants, Swine) - Industry Forecast 2022-2028


Report ID: SQSG15E2029 | Region: Global | Published Date: September, 2022 | Pages: 165 | Tables: 67 | Figures: 76

Global Feed Amino Acid Market Insights

Global Feed Amino Acid Market was valued at USD 11.64 Billion in 2021, and it is expected to reach a value of USD 17.16 Billion by 2028, at a CAGR of 5.8% over the forecast period (2022–2028).

Proteins and amino acids are essential components in the growth and maintenance of animals. Animals like calves, broilers, and pigs depend on amino acids as a source of nourishment as well as an increase in their metabolic rate. There are 21 different types of essential amino acids found in animal bodies. These amino acids cannot be directly produced by the organism. Amino acids found in animal feed are a type of protein that, in addition to supplying energy, contains a variety of other nutrients, including vitamins, minerals, fats, oils, and carbs. Thereby provide animal feed growth, development, lactation, health and reproduction, and enhanced metabolism rate. The feed amino acid finds its use in the swine, ruminants, poultry, aquatics, and equine applications.

Market snapshot

Global Market Size

USD 11.64 Billion

Largest Segment

poultry

Fastest Growth

poultry

Growth Rate

5.8% CAGR

Global Feed Amino Acid Market 2022-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Feed Amino Acid Market Size by Application, 2022-2028 ($ Bn)
Global Feed Amino Acid Market Size by Application, 2022-2028 (%)

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Global Feed Amino Acid Market Segmental Analysis

The global feed amino acid market is segmented based on type, application, and region. Based on type, the market is segmented into lysine, leucine, methionine, threonine, and tryptophan. Based on application, the market is segmented into ruminants, swine, poultry, and aquaculture. Based on region, the global Feed Amino Acid market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Analysis by Type

The Leucine segment accounted for the largest market share in the year 2021 and is expected to grow at the fastest rate over the forecast period for the global feed amino acid market. Adding Leucine to feed is mostly done to help animals make more protein and gain weight. Aside from that, it also helps keep the immune system and the gut healthy by increasing metabolism. If animals don't get enough of it, it can slow their growth and cause digestive problems. L-Leucine also helps the body use lysine better, improves the way feed is made and lowers the cost of raising animals and the amount of nitrogen they give off. This is what makes the market segment for the threonine move.

Analysis by Application

Amino acids are used to increase the nutritive value of food products that aided food & dietary supplements application  to dominate the market with a revenue share of more than 59.1% in 2022. In 2021, the market share that was held by the poultry livestock type was the greatest. The market for chicken feed amino acids has expanded at an exponential rate as a direct result of rising levels of concern regarding animal health and increased understanding regarding the advantages of using amino acids in feedstuffs. The poultry feed industry consumed 44.4% of the world's feed amino acids in 2021, and this share is expected to grow at a CAGR of 6.5% from 2022 to 2028, for a total of 3.3 million metric tons. Aqua feed is expected to register the quickest CAGR of 9.9% in the same period and reach a projected 67 thousand metric tons by 2028, while swine feed is the second-largest user of feed amino acids, with more than 37.1% of the feed market which will drive the amino acid market share during the analysis period.

Global Feed Amino Acid Market By Application, 2021 (%)

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Global Feed Amino Acid Market Regional Insights

The Asia-Pacific region would account for the highest market size in the feed amino acid industry in the year 2021 and will continue to dominate the sector during the forecast period, followed by North America. The rapid rate of industrialization and urbanization in the Asia Pacific has contributed to an increase in the per capita income of the people living in that region. This rise in the level of people's disposable income has contributed to an increase in the demand for food that is high in protein. When comparing the number of feed mills in 2020 to that of 2021, there was approximately a 39%, 18%, and 13% reduction in the number of feed mills in countries such as India, South Korea, and Vietnam, respectively. This trend was particularly noticeable in 2021. Europe is the second-largest compound feed producer globally, with Germany and France being the major producing countries. Poultry feed accounts for a major share of the region’s compound feed market, representing approximately one-third of the total compound feed market.

Despite the persistent rise in the amount of animal protein that is consumed, there has been a consolidation in the agricultural sector, which includes the production of feed. This decline in the number of feed mills reflects this consolidation. The market for feed amino acids in the region is driven by this factor.

Global Feed Amino Acid Market By Geography, 2022 - 2028
  • Largest
  • Fastest

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Global Feed Amino Acid Market Dynamics

Driver

Consistent growth in animal output and consumption, as well as population growth, are two major driving factors

Consistent growth in animal output and consumption, as well as population growth, are two major driving factors that have been pushing global feed production demand in recent years. Increased commercialization of cattle rearing procedures, especially in developing nations, is another factor influencing feed production levels in recent times.

Increasing number of pets in households.

  • The growing number of adopting pets in households across many countries around the globe is another cardinal factor propelling the market . It has helped in increasing the pet foods, in turn driving the expansion of the market.

Increasing health awareness among the population.

  • Growing health awareness adopting a healthy lifestyle, together with an increase in the prevalence of diseases among people, has increased demand. The rise in the Pharmaceutical products and supplements required for the individual health is fuelling the growth of the market.

Restraint

Alternate high protein sources and cost-efficiency products could restrain growth.

  • Corn grain, corn by-products, and dried distillers' grains contain amino acids. Soybean meal is an inexpensive high-protein source. It has less methionine than a dairy cow needs to produce optimal output. Seaweed is a renewable natural resource of protein for animal feed. These alternative sources' high protein content and cost-efficiency could restrain the growth and slow the feed amino acids market.

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Global Feed Amino Acid Market Competitive Landscape

The feed amino acid market is relatively fragmented, with a high level of competition. Few large players, like Amino GmbH, BBCA Group, and Cargill Inc., now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability.

Top Player’s Company Profiles

  • Ajinomoto Co. Inc. (Japan)
  • Amino GmbH (Germany)
  • Archer Daniels Midland Company (US)
  • BBCA Group (China)
  • Cargill Inc. (US)
  • China National BlueStar (Group) Co., Ltd. (China)
  • Adisseo France S.A.S. (China)
  • CJ Cheil Jedang (South Korea)
  • DAESANG Corporation (South Korea)
  • Evonik Industries AG (Germany)
  • Fufeng Group Company Limited (China)
  • Global Bio-Chem Technology Group Company Limited (China)
  • ITOCHU CHEMICAL FRONTIER Corporation (China)
  • Kyowa Hakko Bio Co. Ltd (Japan)
  • Shijiazhuang Jirong Pharmaceutical Co. Ltd. (Chian)
  • Ningxia Eppen Biotech Co. Ltd. (China)
  • Novus International, Inc. (US)
  • Royal DSM N.V. (Netherlands)
  • Shandong Shouguang Juneng Group Golden Corn Co. Ltd. (China)
  • Sekisui Medical Co. Ltd. (Japan)
  • Sumitomo Chemical Co. Ltd. (Japan)

Recent Developments

  • In July 2022, the acquisition of Sanderson Farms, Inc. by a joint venture between Cargill and Continental Grain was completed today, it was announced by both Cargill and Continental Grain Company. On August 9, 2021, the deal was made publicly known.
  • In June 2022, Both Innovafeed and Cargill have decided to expand their collaboration. Its goal is to assist aqua-feed clients to raise more sustainable fish with less environmental effects by developing and marketing insect meals together. The aquaculture sector is concerned with the sustainability of food systems and its part in ocean stewardship. Cargill and Innovafeed are dedicated to taking measures to source and cultivate environmentally friendly ingredients, discover novel ways to reuse by-products, and provide fish nutrition that promotes and enhances farmed fish health.
  • In June 2022, Natural food production and consumption of animal-based goods are increasing as a result of consumer preference. The use of plant-based feed additives in animal nutrition has tremendous expansion potential. Cargill, the world's largest agricultural firm, has announced that it has entered into a legally binding agreement to buy Delacon, the industry's preeminent provider of phytogenic additives derived from plants.
  • In January 2022,The Leverkusen, a pharmaceutical company Bayer AG based in Germany announced the introduction of Ambition.An amino acid-based medication developed exclusively for the Chinese market. The substance includes glycine acid, glutamic, and alanine, and among its 19 various types of amino acids.

Global Feed Amino Acid Key Market Trends

  • Bone and meat meals were utilized in the production of feed to supply animals with the necessary minerals, protein, vitamins, and energy. Because of this, dairy farmers were compelled to reduce the amount of animal protein they used in feed, such as blood meal. Also, because of the more stringent hygiene requirements, the Food and Drug Administration (FDA) 1997 put an end to the practice of using mammalian protein in animal feed that was intended for ruminants which led to an increase in the number of amino acids used in ruminant feed.
  • The worldwide feed industry focuses on improving feed efficiency for all major livestock and farmed fish species. The feed and livestock industries can achieve sustainability by harmonizing their environmental footprint. Common measurements can assist determine resource efficiency indicators. By using feed ingredients efficiently, animal farming's environmental impact can be reduced, and could use feed amino acid additives to it which will drive the market growth.

Global Feed Amino Acid Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our analysis, the threonine segment accounted for the largest market share in the year 2021. In 2021, the market share that was held by the poultry livestock type was the greatest. The poultry feed industry consumed 44.4% of the world's feed amino acids. This share is expected to grow at a CAGR of 6.5% from 2022 to 2028. The Asia-Pacific region would account for the highest market size in the feed amino acid industry in the year 2021.

Report Metric Details
Market size value in 2021 USD 11.64 Billion
Market size value in 2028 USD 17.16 Billion
Growth Rate 5.8%
Base year 2021
Forecast period 2022–2028
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Lysine, Methionine, Threonine, Tryptophan, Leucine, Others
  • Application
    • Ruminants, Swine, Poultry, Aquaculture
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Ajinomoto Co. Inc. (Japan)
  • Amino GmbH (Germany)
  • Archer Daniels Midland Company (US)
  • BBCA Group (China)
  • Cargill Inc. (US)
  • China National BlueStar (Group) Co., Ltd. (China)
  • Adisseo France S.A.S. (China)
  • CJ Cheil Jedang (South Korea)
  • DAESANG Corporation (South Korea)
  • Evonik Industries AG (Germany)
  • Fufeng Group Company Limited (China)
  • Global Bio-Chem Technology Group Company Limited (China)
  • ITOCHU CHEMICAL FRONTIER Corporation (China)
  • Kyowa Hakko Bio Co. Ltd (Japan)
  • Shijiazhuang Jirong Pharmaceutical Co. Ltd. (Chian)
  • Ningxia Eppen Biotech Co. Ltd. (China)
  • Novus International, Inc. (US)
  • Royal DSM N.V. (Netherlands)
  • Shandong Shouguang Juneng Group Golden Corn Co. Ltd. (China)
  • Sekisui Medical Co. Ltd. (Japan)
  • Sumitomo Chemical Co. Ltd. (Japan)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Feed Amino Acid Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Feed Amino Acid Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Feed Amino Acid Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Feed Amino Acid Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Feed Amino Acid Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Feed Amino Acid Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

Global Feed Amino Acid Market was valued at USD 11.64 Billion in 2021, and it is expected to reach a value of USD 17.16 Billion by 2028, at a CAGR of 5.8% over the forecast period (2022–2028).

The feed amino acid market is relatively fragmented, with a high level of competition. Few large players, like Amino GmbH, BBCA Group, and Cargill Inc., now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability. 'Ajinomoto Co. Inc. (Japan)', 'Amino GmbH (Germany)', 'Archer Daniels Midland Company (US)', 'BBCA Group (China)', 'Cargill Inc. (US)', 'China National BlueStar (Group) Co., Ltd. (China)', 'Adisseo France S.A.S. (China)', 'CJ Cheil Jedang (South Korea)', 'DAESANG Corporation (South Korea)', 'Evonik Industries AG (Germany)', 'Fufeng Group Company Limited (China)', 'Global Bio-Chem Technology Group Company Limited (China)', 'ITOCHU CHEMICAL FRONTIER Corporation (China)', 'Kyowa Hakko Bio Co. Ltd (Japan)', 'Shijiazhuang Jirong Pharmaceutical Co. Ltd. (Chian)', 'Ningxia Eppen Biotech Co. Ltd. (China)', 'Novus International, Inc. (US)', 'Royal DSM N.V. (Netherlands)', 'Shandong Shouguang Juneng Group Golden Corn Co. Ltd. (China)', 'Sekisui Medical Co. Ltd. (Japan)', 'Sumitomo Chemical Co. Ltd. (Japan)'

Corn grain, corn by-products, and dried distillers' grains contain amino acids. Soybean meal is an inexpensive high-protein source. It has less methionine than a dairy cow needs to produce optimal output. Seaweed is a renewable natural resource of protein for animal feed. These alternative sources' high protein content and cost-efficiency could restrain the growth and slow the feed amino acids market.

Bone and meat meals were utilized in the production of feed to supply animals with the necessary minerals, protein, vitamins, and energy. Because of this, dairy farmers were compelled to reduce the amount of animal protein they used in feed, such as blood meal. Also, because of the more stringent hygiene requirements, the Food and Drug Administration (FDA) 1997 put an end to the practice of using mammalian protein in animal feed that was intended for ruminants which led to an increase in the number of amino acids used in ruminant feed.

The Asia-Pacific region would account for the highest market size in the feed amino acid industry in the year 2021 and will continue to dominate the sector during the forecast period, followed by North America. The rapid rate of industrialization and urbanization in the Asia Pacific has contributed to an increase in the per capita income of the people living in that region. This rise in the level of people's disposable income has contributed to an increase in the demand for food that is high in protein. When comparing the number of feed mills in 2020 to that of 2021, there was approximately a 39%, 18%, and 13% reduction in the number of feed mills in countries such as India, South Korea, and Vietnam, respectively. This trend was particularly noticeable in 2021. Europe is the second-largest compound feed producer globally, with Germany and France being the major producing countries. Poultry feed accounts for a major share of the region’s compound feed market, representing approximately one-third of the total compound feed market.

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Global Feed Amino Acid Market

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