Report Synopsis
Amid the impact of African Swine Fever (ASF) in Asia-Pacific region, demand for feed amino acids was sluggish in 2019, where demand in Asia-Pacific region was flat with a YOY growth of just 0.9%. A new wave of ASF outbreak in Europe coupled with global COVID-19 pandemic have impacted the global demand for feed amino acids with a moderate growth confined at 3.9% YOY by volume and just 1.7% YOY by value in 2020.
Poultry feed constitutes the largest consumer of feed amino acids globally with 2020 consumption volume share of 44.4%, which is slated to compound annually at 6.5% over 2020-2026 in reaching a projected 3.3 million metric tons by 2026. Swine feed is the second largest consumer of feed amino acids with a share of 37.1% while Aqua feed is anticipated to register the fastest similar period CAGR of 9.9% and reach a projected 67 thousand metric tons by 2026.
Research Findings & Coverage
- The feed amino acids global market analyzed in this report with respect to product types and animal feed type, and includes detailed analysis of the impact of ASF and COVID-19
- Market size is discussed in terms of both volume and value by product types and animal feed type in all major regions/countries
- The report briefly explains about the feed amino acid types along with the feed types including definitions and processes
- Rising Demand for Animal Protein to Aid the Growth of Amino Acids Usage in Compound Feed Production
- Burgeoning Opportunities for Amino Acids in High Growth Aquaculture Industry
- Next Limiting Amino Acid L-Valine Fueling Growth for Amino Acids in the Animal Feed Sector
- Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
- Major companies profiled – 56
- The industry guide includes the contact details for 219 companies
Product Outline
The report analyzes the market for the key product types Feed Grade Amino Acids:
- L-Lysine
- Methionine
- L-Threonine
- L-Tryptophan
- L-Valine
- Glycine
Animal Feed types of feed grade amino acids analyzed comprise the following:
- Swine Feed
- Poultry Feed
- Ruminants Feed
- Aqua Feed
- Other Animal Feed
Analysis Period, Units and Growth Rates
- The report reviews, analyzes and projects the worldwide Feed Amino Acids market for the period 2017-2026 in terms of consumption in metric tons and market value in US$ and the compound annual growth rates (CAGRs) projected from 2017 through 2022 while focusing on y-o-y growth rates for 2019-2020 owing to African Swine Fever and COVID-19 impact
Geographic Coverage
- North America (The United States, Canada and Mexico)
- Europe (France, Germany, Italy, the Netherlands, Poland, Russia, Spain, the United Kingdom and Rest of Europe)
- Asia-Pacific (China, India, Indonesia, Japan, South Korea and Rest of Asia-Pacific)
- South America (Brazil, Argentina and Rest of South America)
- Rest of World