• 出版社/出版日：Mordor Intelligence / 2020年4月20日
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The feed amino acids market is estimated to be valued at USD 6.7 billion in 2018, and it is projected to register a CAGR of 2.72% over the forecast period (2019-2024).
– Amino acids are an important additive to enhance the quality and productivity of animal products and consequently for the growing meat industry, which is driven by the increasing demand for animal-derived protein, increasing awareness among people toward safety and quality of meat, and recent disease outbreaks in livestock.
– Certain amino acids are limiting in growing animals and since they are indispensable animals depend on external sources. Amino acids have been used in animal feeds for many decades now because of their contribution to animal growth.
– Leading companies have been investing in R&D for new innovations, breakthroughs, better cost management, and production techniques for effective feed to meat conversion in the amino acids markets.
Scope of the Report
Depending on whether the animal body can synthesize the amino acids or not, they are classified into essential and non-essential amino acids. Lysine, methionine, and threonine are among the most essential amino acids that should be included in the animal feed for better nutrition.
Key Market Trends
Changing Demographics in Asia-Pacific and South America
The demand for meat-based food products is rising in the Asia-Pacific and South American regions, especially in China, India, Brazil, Argentina, etc., with rapid economic growth in the regions. This increased demand for meat protein has triggered increased uptake of feed additives and feed enzymes. Apart from improving nutritional value, feed enzymes are gaining importance for their role in meat quality improvement, with concern over the environment. The increase in demand can be attributed to the continuous economic growth of countries in these regions that have led to change in demographics, food habits, and lifestyle; the impact of globalization and urbanization tend to change the mindset of people in the region, where consumers experiment more in terms of their food habits. The food habits and eating patterns have shifted from cereal and vegetable-based to more meat protein-based currently. China is the leading meat consumer in the region, because of fast economic growth, changing food patterns, and increased meat production in the country. Meanwhile the demand growth is positive, end-user awareness and the conservative approach toward the feed sector are expected to remain a challenge for the industry’s growth in Asia-Pacific and Latin America. Vietnam and Thailand are estimated to be the fastest-growing consumer markets for meat-based products. India is a potential market, due to the increased intensive farming system.
China Dominate the Global Market
China is attractive for business growth. Economic growth, the industrialization of the livestock industry, increasing awareness among farmers, and government support are the major factors driving the market in the region. In the feed industry, Chiatai Macro of Thailand and Ajinomoto of Japan have both set up their joint ventures in China to produce feed grade lysine. Roune-Planc has set up a joint venture in Tianjin to produce feed grade methionine. The animal feed additive market in China is regulated by a legal system with registration, permit and supervision, and inspection. The responsible government departments are the State Ministry of Agriculture and the feed administration departments at the provincial level. New Entrants and investors in the Chinese animal feed additive market are required to abide by the numerous, complicated regulations. The importance of food safety has increased in the country, as the government undertook significant steps and formulated regulations regarding the same, such as the Food Safety Law in 2015.
The feed companies are continuously developing new products, proposing premium-priced feed, with special brands or attributes. Most of the companies are accentuating their expansion into branded consumer products sold in supermarkets and company-operated specialty shops. Some of the major players are Adisseo France SAS, Ajinomoto Co. Inc., Archer Daniels Midland Company, Evonik Ind, and Sumitomo Chemical Company Limited, among others. Other players are focusing on strengthening and maintaining product quality, services, and commitment to their businesses, investing in product lifecycle development, and developing new chemical and biological entities. Many of these companies are pursuing the vision of becoming world leaders in animal nutrition by offering profitable, natural, and differentiated solutions.
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1.1 Scope of the Report
1.2 Study Assumptions
1.3 Study Deliverables
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Industry Attractiveness Porter’s Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Degree of Competition
5 MARKET SEGMENTATION
5.1.5 Other Types
5.2 Animal Type
5.2.3 Other Animal Types
5.3.1 North America
188.8.131.52 United States
184.108.40.206 Rest of North America
220.127.116.11 Rest of Europe
18.104.22.168 Rest of Asia-Pacific
5.3.4 South America
22.214.171.124 Rest of South America
5.3.5 Middle East & Africa
126.96.36.199 South Africa
188.8.131.52 Rest of Middle East & Africa
6 Competitive Landscape
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 The Archer Daniels Midland Company
6.3.2 Novus International
6.3.3 Sumitomo Chemical Asia Pte Ltd
6.3.5 Ajinomoto Co. Inc.
6.3.6 Adisseo France SAS
6.3.7 Shijiazhuang Donghua Jinlong Chemical Co. Ltd
6.3.8 Meihua Holdings Group Co. Ltd
6.3.9 Kemin Industries Inc.
6.3.10 Global Bio-chem Technology Group Company Limited
7 MARKET OPPORTUNITIES AND FUTURE TRENDS