Press release
Global Methionine Market to grow at a CAGR of 6.52% during the period 2017-2021
The main objective of this report is to define, describe, and forecast the global "Methionine" market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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About Methionine
Methionine is classified as an essential amino acid, which cannot be synthesized by the human body and must be consumed as a part of the regular diet or as a dietary supplement. It is one of the sulfur-containing amino acids, besides cysteine. Methionine is used extensively in applications, such as animal feed, food and dietary supplements, and pharmaceuticals. It plays a significant role in the synthesis of proteins such as carnitine or melatonin. In addition, it has a fat-dissolving effect; it reduces the deposition of fat in the liver.
Technavios analysts forecast the global methionine market to grow at a CAGR of 6.52% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global methionine market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Methionine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
China National BlueStar
CJ CheilJedang
Evonik Industries
Sumitomo Chemical
TOKYO CHEMICAL INDUSTRY
Other prominent vendors
AJINOMOTO
IRIS BIOTECH
NOVUS INTERNATIONAL
Phibro Animal Health
SUANFARMA
Volzhsky Orgsynthese
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Market driver
Growing demand for protein
For a full, detailed list, view our report
Market challenge
Limited supply of raw material
For a full, detailed list, view our report
Market trend
Increased use of dietary and sports supplements for healthy lifestyle
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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