The Amino Acids And Proteins For Animal Nutrition Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Amino Acids And Proteins For Animal Nutrition Global Market Report 2024, The amino acids and proteins for animal nutrition market size has grown strongly in recent years. It will grow from $7.12 billion in 2023 to $7.64 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to shifts in consumer preferences, feed efficiency research, livestock industry expansion, scientific advancements in nutrition, globalization of animal agriculture.
The amino acids and proteins for animal nutrition market size is expected to see strong growth in the next few years. It will grow to $9.87 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to research and development, expansion in aquaculture industry, precision livestock farming, sustainable agriculture practices, shift towards specialty feed ingredients. Major trends in the forecast period include green and sustainable ingredients, traceability and transparency, personalized animal nutrition, gut microbiome management, microbial protein development.
The increase in the demand for organic meat is driving the amino acids and proteins in the animal nutrition market. Meat refers to the flesh of animals used for food and is rich in myofibrillar, sarcoplasmic, and other proteins. The rising global demand for organic meat, driven by an increasing world population, necessitates a greater focus on delivering high-quality organic meat by feeding animals nutritionally rich, amino acid, and protein-rich diets to enhance muscle development and weight. For instance, in February 2023 according to the report published by the Forschungsinstitut für biologischen Landbau (FiBL), an independent and non-profit research institute of organic agriculture that provides organic farming information and research, organic bovine meat import in the EU increased from 275 metric tons in 2020 to 1062 metric tons in 2021, organic sheep and goat meat import in the EU increased from 18 metric tons in 2020 to 92 metric tons in 2021, and organic pig meat import in the EU increased from none in 2020 to 83 metric tons in 2021. Therefore, an increase in the demand for organic meat is driving the growth of amino acids and proteins in the animal nutrition market.
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The amino acids and proteins for animal nutrition market covered in this report is segmented –
1) By Type: Lysine, Methionine, Threonine, Tryptophan, Other Types
2) By Form: Dry, Liquid
3) By Application: Ruminants, Poultry, Swine, Pets, Equine, Aquaculture, Other Applications
Product innovation is the key trend gaining popularity in the amino acids and proteins for the animal nutrition market. Major companies operating in the amino acids and proteins for animal nutrition sector are focused on developing new technological and innovative solutions to strengthen their position in the market. For instance, in May 2022, METEX NØØVISTAGO, a France-based producer of amino acid-based solutions for farm animals, launched the INNEUS range of animal nutrition solutions for piglets and poultry based on amino acids. It is uniquely designed with amino acids to influence intestinal health that helps to cope with physiological and sanitary challenges such as weaning for piglets, or coccidiosis for chickens. It attempts to target gut barrier function, immunological fitness, oxidative state homeostasis, and microbial balance—the four major pillars of gut health.
The amino acids and proteins for animal nutrition market report table of contents includes:
1. Executive Summary
2.Amino Acids And Proteins For Animal Nutrition Market Characteristics
3.Amino Acids And Proteins For Animal Nutrition Market Trends And Strategies
4. Amino Acids And Proteins For Animal NutritionImpact On Market Analysis
5. Amino Acids And Proteins For Animal NutritionMarket Size And Growth
6.Amino Acids And Proteins For Animal Nutrition Segmentation
7. Amino Acids And Proteins For Animal NutritionRegional And Country Analysis
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27.Amino Acids And Proteins For Animal Nutrition Competitive Landscape And Company Profiles
28. Amino Acids And Proteins For Animal NutritionKey Mergers And Acquisitions
29.Amino Acids And Proteins For Animal Nutrition Future Outlook and Potential Analysis
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