openPR Logo
Press release

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.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

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:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Methionine Market Handling Business with a 5.6 percentage CAGR by 2030 here

News-ID: 3785607 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

Ultrafiltered Milk Market Valued at USD 8.36 Billion in 2024, Anticipated to Grow at 4.6% CAGR Through 2032
Ultrafiltered Milk Market Valued at USD 8.36 Billion in 2024, Anticipated to Gro โ€ฆ
The Ultrafiltered Milk Market size was valued at USD 8.36 Billion in 2024 and the total Ultrafiltered Milk revenue is expected to grow at a CAGR of 4.6% from 2025 to 2032, reaching nearly USD 11.99 Billion. Ultrafiltered Milk Market Overview: Ultrafiltered milk is gaining increasing attention in the dairy and functional food sectors thanks to its enhanced nutritional profile. Through a specialized membrane filtration process, ultrafiltration concentrates higher-molecular weight componentsโ€ฆ
Bath Towel Market to Grow from USD 10.46 Billion by 2032 at a CAGR of 6.7 %
Bath Towel Market to Grow from USD 10.46 Billion by 2032 at a CAGR of 6.7 %
The Bath Towel Market size reached USD 6.23 Bn in 2024 and is expected to reach USD 10.46 Bn by 2032, growing at a CAGR of 6.7 % during the forecast period. Bath Towel Market Overview: The bath towel industry is witnessing steady expansion, fueled by consumers' increasing focus on hygiene, comfort, and home aesthetics. High demand for plush, absorbent towels made of luxury materials such as Egyptian cotton, Turkish cotton,โ€ฆ
Carob Market to Reach USD 374.76 Million by 2032 Growing at a 5.3% CAGR
Carob Market to Reach USD 374.76 Million by 2032 Growing at a 5.3% CAGR
The global Carob Market was valued at USD 247.92 million in 2024 and is projected to reach USD 374.76 million by 2032, expanding at a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2025 to 2032. Carob Market Overview: The carob market is experiencing significant growth, driven by its increasing popularity as a natural sweetener and plant-based alternative to chocolate. Derived from the seed pods of the carobโ€ฆ
Welding Electrode Market Expected To Reach USD 11.27 Bn by 2032
Welding Electrode Market Expected To Reach USD 11.27 Bn by 2032
The Welding Electrode Market size was valued at USD 5.70 Billion in 2024 and the total Welding Electrode revenue is expected to grow at a CAGR of 8.9 % from 2025 to 2032, reaching nearly USD 11.27 Billion. Welding Electrode Market Overview: The Welding Electrode Market is evolving as a critical segment within the global manufacturing and construction industries. Welding electrodes are essential consumables that enable reliable and efficient joining ofโ€ฆ

All 5 Releases


More Releases for Methionine

Methionine Market Beating Historical Challenges, What's Next
The Global Methionine Market Report 2023 provides a comprehensive analysis of the keyword market, focusing on major regions such as the United States, Canada, and Mexico. The report offers insights into end users and types, as well as data visualization through SWOT and PESTLE analysis, industry statistics, and emerging business landscapes. Request your sample PDF report now: https://www.astuteanalytica.com/request-sample/methionine-market Global Market Analysis Global Methionine Market was valued at US$ 6.24 billion in 2022 andโ€ฆ
Methionine Market Beating Historical Challenges, What's Next
The Global Methionine Market Report 2023 provides a comprehensive analysis of the keyword market, focusing on major regions such as the United States, Canada, and Mexico. The report offers insights into end users and types, as well as data visualization through SWOT and PESTLE analysis, industry statistics, and emerging business landscapes. Request your sample PDF report now: https://www.astuteanalytica.com/request-sample/methionine-market Global Market Analysis Global Methionine Market was valued at US$ 6.24 billion in 2022 andโ€ฆ
Global Methionine Market Research Report 2023
Methionine Market Statistics 2029 The global Methionine market was valued at US$ 6623 million in 2022 and is anticipated to reach US$ 8743.9 million by 2029, witnessing a CAGR of 4.0% during the forecast period 2023-2029. Key drivers of the Methionine market include the ever-increasing poultry industry due to growing meat consumption and the rise in animal disease outbreaks. Moreover, rising dietary supplements and increasing awareness of consumers regarding aโ€ฆ
Global Methionine Market Size 2027 - Valuates Reports
n 2020, the global Methionine market size was US$ 6423 million and it is expected to reach US$ 8380.2 million by the end of 2027, with a CAGR of 4.0% during 2021-2027. Methionine is a protein-based amino acid and lipotropic compound that helps with metabolism and breaks down fat. It contains an ฮฑ-amino group, an ฮฑ-carboxylic acid group and an S-methyl thioether side chain. Methionine is classed as an essentialโ€ฆ
Methionine Market to Grow at 10.2% CAGR
Nobody likes a piece of meat with less meat! So, how do they ensure that the meat is 'meaty'? Although the animals' natural biological processes are efficient enough to make muscle, they need something extra...methionine. It is an amino acid, which cannot be produced within the body, so has to be added to the animal feed to promote growth and increase muscular mass. Additionally, it also promotes the production ofโ€ฆ
Global Methionine Market overview
Methionine is an amino acid that contains sulfur, indispensable for isolating translation as a component of proteins and as an initiator of protein synthesis. According to our research analyst, the size of Global Methionine Market was valued at USD 3.36 Billion in 2017 and this value predicted to achieve USD 4.45 Billion by 2022 growing at a CAGR of 5.7% during the forecast time span. Therefore, it is crucial forโ€ฆ