Global Amino Acids Market demand was estimated at 6.19 million tons in 2013, with historical consumption propelled by l-glutamine and lysine’s application in dietary supplements and animal feed respectively.
Increasing meat consumption which
has further driven livestock production will be a source for amino acids demand
in future. Countries such as Vietnam, Australia, and the Philippines have
registered tremendous increase in pork, cattle and swine production in the
recent years. This trend is expected to continue in the future course, which
will cast a positive influence on the industry dynamics.
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Key Players:
Key manufacturers in the industry
include Cargill Inc., CJ Cheil Jedang Corp., AnaSpec, Tocris Bioscience Ltd.,
Archer Daniel Midland, Royal DSM, Prinova U.S. LLC, and Evonik Industries AG.
Growth Drivers:
Amino acids such as lysine are
widely used in swine & poultry feed due to their properties to synthesize
protein and subsequently optimize their growth. Furthermore, methionine and
tryptophan are gaining prevalence among consumers due to their beneficial
properties when ingested as supplements in the treatment of various health
conditions such as Parkinson’s disease, schizophrenia, allergies and
depression.
The global market dynamics are
influenced by regulations by agencies such as American Feed Industry
Association (AFIA), Center for Veterinary Medicine (CVM), and European Food
Safety Authority (EFSA), who are responsible for standardizing the usage of
amino acids along with their supply and storage.
Product Insights
L-glutamine is a major product
and accounted for nearly 50% of the market volume in 2015. Glutamine is widely
used as an additive in food & dietary supplement and therefore marketed as
medical food. Furthermore, its usage as a counter medication for side effects
of medical treatments such as chemotherapy and neuropathy will further
strengthen its position in the industry.
Key amino acids used as animal
feed ingredients include lysine, methionine, threonine, and tryptophan. Growth
of these products is highly influenced by meat production trends. Asian markets
which have been registering greater meat consumption volumes as a result of
economic growth and evolving lifestyles are likely to yield high growth
opportunities in future.
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