Protected Feed Amino Acids Market by Livestock Type (Swine, Ruminants, Poultry, Aquatics, & Equine), by Amino Acid (Tryptophan, Lysine, Methionine & Threonine), & by Region - Global Trends & Forecasts to 2019
Protected feed amino acids are used as additives for feed for various types of livestock. They are gaining popularity due to the global increase in costs of feed. They help in improving the productivity of animals. The global protected feed amino acids market is growing at a steady pace and the market is projected to continue to grow in the future as breeders want to increase their profitability.
Asia-Pacific is the largest consumer of these acids in the world, accounting for more than 34% of the consumption. The market in North America is estimated to be growing rapidly in terms of value. Growth is particularly high in markets such as China, India, and Brazil as they are developing countries and with the increasing disposable income of people, the demand for protein-rich food such as dairy and meat products is rapidly increasing in these countries. The poultry industry comprises the largest market share, followed by the swine feed industry. The driving factor of the protected feed amino acids market is the global increase in demand for protein-rich foods such as dairy and meat. Feed amino acids play an important role in animal nutrition by supporting growth, production, activity, reproduction, and the overall maintenance of animal health. They provide the energy required for the growth of muscles and bones, for muscle movement, digestion, and blood circulation.
The restraints of the market are the developments of other sources of proteins. Also, the animal breeders in crisis-hit Europe are reluctant to use expensive feed additives for their animals. Leading manufacturers are focusing on the expansion of their businesses across regions and setting up new R&D plants for developing new production techniques and products.
Secondary sources such as encyclopedias, directories, and databases have been used to identify and collect information useful for this extensive commercial study of the market. The primary sources experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market.
To capitalize on the growth trend in the global protected feed amino acids market, several leading companies are investing in their development and manufacture. Leading players have also been profiled, along with their recent developments and other strategic industry activities. These include Ajinomoto (Japan), Cheil Jedang (South Korea), Cargill, Inc. (U.S.), and Kemin Industries (U.S.).
Acids Market Size, by Livestock, 2014 vs. 2019 ($Million)
Source:Primary Interviews, FEFANA, Related Research Publications, Government Publications, and MarketsandMarkets Analysis
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This research report categorizes the global market for protected feed amino acids on the basis of the key protected amino acid types, livestock types that consume them, and regions, thereby projecting the market size in terms of value and analyzing trends in each of the submarkets:
On the basis of type, the protected feed amino acids market has been segmented as follows:
- Tryptophan
- Lysine
- Methionine
- Threonine
- Others
On the basis of livestock types that consume them, the protected feed amino acids market has been segmented as follows:
- Swine
- Ruminants
- Poultry
- Aquatics
- Equine
- Others
On the basis of key regions, the protected feed amino acids market has been segmented as follows:
- North America
- Europe
- Asia-Pacific
- Latin-America
- Rest of the World (RoW)
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Growth opportunities and latent adjacency in Protected Feed Amino Acids Market