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Methionine Market Handling Business with a 5.6 percentage CAGR by 2030

12-12-2024 04:06 PM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

Methionine Market

Methionine Market

The ๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 2.06 Bn. in 2023 and the total Methionine revenue is expected to grow by 5.6% from 2024 to 2030, reaching nearly USD 3.03 Bn.

๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Methionine (MET) plays a crucial role in cellular processes such as protein synthesis, mRNA translation initiation, and as a regulator in the form of S-adenosylmethionine (SAM). Its production, storage, and intake are tightly controlled within the body. The market for Methionine spans several sectors, including different types, end-user industries, and regions. This report delves into these segments, offering insights into the ongoing advancements within the industry, backed by data from key market participants. The market's trajectory is analyzed through historical data from 2018 to 2023, with a detailed look at growth drivers, challenges, and opportunities. The report also evaluates barriers to entry and includes strategic recommendations for investors, informed by a thorough competitive landscape analysis.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/1859/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The health benefits offered by methionine are a primary catalyst for its growing market demand. As a sulfur-containing amino acid, methionine plays an essential role in various bodily functions, including maintaining healthy hair, skin, and nails, supporting cell detoxification, and slowing down the aging process. Additionally, it aids in nutrient absorption, particularly of selenium and zinc, and facilitates the elimination of harmful substances like heavy metals. Methionine also helps regulate cholesterol levels by promoting lecithin synthesis in the liver and preventing excessive fat accumulation in the liver. The ongoing research into its potential medical applications, including its use in acetaminophen overdose treatment and possible links to lower colorectal cancer risks, further boosts its market prospects.

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's rapidly growing livestock and aquaculture sectors are driving the demand for methionine, making it a key market in Southeast Asia. As the country continues to modernize its agriculture and increase meat production to meet domestic and international demands, methionine is emerging as an essential feed additive. ๐„๐ฏ๐จ๐ง๐ข๐ค, a global leader in amino acid production, has strategically expanded its methionine production capacity in Vietnam to cater to this rising demand.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/1859/

๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's commitment to high-quality animal nutrition is propelling the demand for methionine, especially in the poultry and aquaculture industries. The country's focus on premium animal feed is driving its methionine consumption. ๐Œ๐ข๐ญ๐ฌ๐ฎ๐ข & ๐‚๐จ. has invested significantly in methionine production to meet growing domestic demand. Additionally, Japan's regulatory environment encourages the use of methionine as a high-quality feed additive, ensuring its role in the country's animal health and nutrition programs.

๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's demand for methionine is on the rise, particularly in the aquaculture and poultry sectors. The country's strong focus on sustainability and increasing consumption of animal protein are key drivers behind the growing demand for methionine-based feed additives. ๐ƒ๐’๐Œ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ, a leader in the methionine market, has focused on expanding its production capabilities in South Korea to meet the rising demand for effective and eco-friendly feed solutions.

๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

The US market for methionine continues to grow, driven by its massive livestock industry and increasing demand for high-quality animal feed. Recently, ๐€๐๐ข๐ฌ๐ฌ๐ž๐จ, in partnership with ๐‚๐ก๐ข๐ง๐š ๐๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ฅ๐ฎ๐ž๐’๐ญ๐š๐ซ, expanded its production capacities in the US, positioning itself to better serve both domestic and international markets. The shift toward more sustainable and non-GMO feed ingredients is expected to further increase demand for methionine in the region.

๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's methionine market is dominated by strong demand from its livestock and poultry industries. The increasing preference for organic and non-GMO feed ingredients is accelerating the adoption of methionine in the region. Companies like ๐„๐ฏ๐จ๐ง๐ข๐ค and ๐€๐๐ข๐ฌ๐ฌ๐ž๐จ are enhancing their production capabilities to meet growing demand for sustainable feed additives. Additionally, European regulations, which enforce strict quality standards for animal feed, contribute to the increasing use of methionine in animal nutrition.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐˜๐จ๐ฎ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž: https://www.maximizemarketresearch.com/request-sample/1859/

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐„๐ฏ๐จ๐ง๐ข๐ค, a global leader in the production of methionine, has expanded its manufacturing facilities in Vietnam and Thailand to meet the rising demand for methionine in Southeast Asia.

๐‚๐‰ ๐‚๐ก๐ž๐ข๐ฅ๐‰๐ž๐๐š๐ง๐ , a South Korean company, has ramped up its investments in methionine production to cater to the growing demand for livestock feed additives in Southeast Asia, particularly in Thailand and Vietnam.

๐ƒ๐’๐Œ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ has partnered with local distributors in South Korea and Japan to strengthen its presence in the Asia-Pacific region and enhance supply chain efficiency.

๐€๐๐ข๐ฌ๐ฌ๐ž๐จ has partnered with ๐‚๐ก๐ข๐ง๐š ๐๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ฅ๐ฎ๐ž๐’๐ญ๐š๐ซ to increase its production capacity and enhance market reach, particularly in the United States, to meet rising global demand for methionine.

๐๐€๐’๐… and ๐„๐ฏ๐จ๐ง๐ข๐ค have undertaken several mergers and acquisitions in Singapore to consolidate their market share in the region and expand their production capabilities for eco-friendly methionine.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Type

Liquid
Powder

by End-User Industry

Food and Beverage
Pharmaceutical
Animal Feed
Other

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/market-report/methionine-market/1859/

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐Œ๐ž๐ญ๐ก๐ข๐จ๐ง๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Kemin Europa
2. Sunrise Nutrachem Group
3. Shaanxi Sciphar Hi-tech Industry
4. Kyowa Hakko Bio.
5. Royal DSM
6. Ajinomoto Inc.
7. CJ Cheil Jedang Corp.
8. Prinova U.S. LLC
9. AnaSpec Inc.
10. Tocris Bioscience Ltd.
11. Tokyo Chemical Industry Co. Ltd.
12. Beijing FortuneStar S&T Development
13. Iris Biotech GmbH
14. Jinzhou Jirong Amino Acid Co., Ltd.
15. Adisseo

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

โ™ฆ Rolling Stock Market https://www.maximizemarketresearch.com/market-report/global-rolling-stock-market/26747/

โ™ฆ Global Quantum Cryptography Market Key Trends https://www.maximizemarketresearch.com/market-report/global-quantum-cryptography-market-key-trends/6554/

โ™ฆ Phosphorus Acid Market https://www.maximizemarketresearch.com/market-report/global-phosphorous-acid-market/16103/

โ™ฆ Lignin Market https://www.maximizemarketresearch.com/market-report/lignin-market/13321/

โ™ฆ Expanded Polypropylene Foam market https://www.maximizemarketresearch.com/market-report/global-expanded-polypropylene-foam-market/93313/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
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Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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