What are the Emerging Trends, Sizzling Opportunities And Drivers Of Methionine Market ?

Methionine is an essential amino acid that cannot be biosynthesized in animal body and is hence, taken externally. It is commonly used as feed additive in the poultry industry to increase productivity of poultry animals. The major benefits of the amino acid are increase in animal growth, wound healing in humans, and treatment of various diseases such as Parkinson’s disease, liver disorders, and digestive problems.

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Methionine is majorly derived from petrochemical sources and is used as an animal nutritional-feed additive. However, owing to the use of hard-to-handle and hazardous raw materials (such as mercaptan and carbon disulphide) in the synthesis of methicone, biochemical routes to obtain it are being researched and implemented. For instance, CJ Cheiljedang (CJ) Bio and Arkema Group entered into a joint venture, to initiate the amino acid production using both renewable and petrochemical raw materials, in Malaysia. Hence, increasing demand for bio-based materials owing to their environment-friendly and sustainability benefits over synthetic materials, is calling for the demand of bio-methionine, thereby supporting the methionine market growth.

The production of the of amino acid relies on the use of chemical raw materials such as methyl mercaptan, propylene, and hydrogen cyanide. When methyl mercaptan is exposed for prolonged time, it harms the central nervous system and also affects the respiratory center, resulting in death by respiratory paralysis and nausea. Propylene causes allergic reactions and potential toxicity in kidney. Methicone may also result in vomiting, diarrhea, and loss of appetite, when taken in excess. Hence, owing to such hazardous effects of raw materials used in the production of the amino acid, its demand is decreasing, thereby hampering the methionine market growth.

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The demand for animal feed is increasing at an exponential rate owing to increase in the consumption of meat. For instance, as per the data provided by United Nations Food and Agriculture Organization (FAO), by 2050, the production of animal proteins is expected to grow by around 1.7% per year, with meat production projected to rise by nearly 70%, aquaculture by 90%, and dairy by 55%. Hence, with the increasing demand for poultry feed, the demand for this amino acid will also increase, which in turn is expected to drive the methionine market growth.

Some of the major players operating in the global methionine market are Novus International Inc., Evonik Industries AG, Bluestar Adisseo Company, Sumitomo Chemical Company Limited, Arkema Group, METabolic EXplorer, Archer Daniels Midland Company, Ajinomoto Co. Inc, Royal DSM, and BASF SE.

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