Lucintel Forecasts Feed Amino Acid Market to Grow at a CAGR of 3% to 5% from 2021 to 2026

According to the recent study the Feed Amino Acid Market is projected to grow at a CAGR of 3% to 5% from 2021 to 2026. Growth in this market is primarily driven by growing consumer awareness of safety and quality of meat, standardization of meat products due to disease outbreaks in livestock, and increasing demand for feed products.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in feed amino acid market by type (lysine, methionine, threonine, tryptophan, and others), livestock (ruminants, swine, poultry, and aquaculture), form (dry and liquid), source (natural and synthetic), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Threonine market is expected to remain the largest segment during the forecast period.”

Based on type, the feed amino acid market is segmented into lysine, methionine, threonine, tryptophan, and others. Lucintel forecasts that the threonine market is expected to remain the largest segment due to enhance the protein synthesis and weight gain and it also helps in maintaining immunity and gut integrity.

“Within the feed amino acid market, the poultry segment is expected to remain the largest livestock.”

Based on livestock the poultry segment is expected to witness the highest growth over the forecast period due to growing awareness of the benefits of amino acids in feedstuffs and rising awareness of quality of meat.

“Asia pacific will dominate the feed amino acid market in near future.”

Asia Pacific will remain the largest region, and it is expected to witness the highest growth over the forecast period due to growing demand for protein rich food owing to increase in disposable income level.

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Major players of feed amino acid market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. ADM, Sumitomo Chemical, Evonik, CJ CheilJedang, Ajinomoto, Adisseo, Phibro, Kemin, Global Bio-Chem, Novus, MEIHUA HOLDINGS, and Sunrise Nutrachem are among the major feed amino acid providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/feed-amino-acid-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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