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Global Amino Acids And Proteins For Animal Nutrition Market 2023: Growth Opportunities, Key Drivers, International Expansion And Forecast To 2032 | Adisseo France SAS, Ajinomoto Co Inc., Archer Daniels Midland Company, Cargill Incorporated, CJ CheilJedang
Amino Acids And Proteins For Animal Nutrition Market
The Business Research Company's Template Global Market Report 2023 identifies The increase in the demand for organic meat as the major driver for the Amino Acids And Proteins For Animal Nutrition Market's growth in the forecast period. The increase in the demand for organic meat is due to the increase in the world's population. Because of the increased demand for organic meat, there is a greater need for high-quality organic meat. Thus, to deliver high-quality organic meat, animals are fed nutritional, amino acid, and protein-rich food to build more muscle and weight.
The global amino acids and proteins for animal nutrition market size is expected to grow from $6.64 billion in 2022 to $7.12 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global amino acids and proteins for animal nutrition market size is expected to reach $9.21 billion in 2027 at a CAGR of 6.6%.
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Major competitors in the Amino Acids And Proteins For Animal Nutrition Market are Adisseo France SAS, Ajinomoto Co Inc., Archer Daniels Midland Company, Cargill Incorporated, CJ CheilJedang Corp, Evonik Industries AG, Kemin Industries Inc., Koudijs Kapo Feed BV, Meihua Holdings Group Co Ltd., Novus International Inc., Shijiazhuang Donghua Jinlong Chemical Co Ltd., Sumitomo Chemical Co Ltd., DSM Nutritional Products AG, Europe Bio-chem Technology Group Company Limited, Global Bio-Chem Technology Group Company Limited, Phibro Animal Health Corporation, and Sunrise Nutrachem Group Co. Ltd.
A key trend in the Amino Acids And Proteins For Animal Nutrition Market includes Product innovation. 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 produces 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.
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The Amino Acids And Proteins For Animal Nutrition Market is segmented -
By Type: Lysine, Methionine, Threonine, Tryptophan, Other Types
By Form: Dry, Liquid
By Application: Ruminants, Poultry, Swine, Pets, Equine, Aquaculture, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Amino Acids And Proteins For Animal Nutrition Market.
The Business Research Company's "Global Amino Acids And Proteins For Animal Nutrition Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Amino Acids And Proteins For Animal Nutrition Market Include:
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 Nutrition Market - Macro Economic Scenario
5. Amino Acids And Proteins For Animal Nutrition Market Size And Growth
……
26. Africa Amino Acids And Proteins For Animal Nutrition Market
27. Amino Acids And Proteins For Animal Nutrition Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Amino Acids And Proteins For Animal Nutrition Market
29. Amino Acids And Proteins For Animal Nutrition Market Future Outlook and Potential Analysis
30. Appendix
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