The global feed amino acids market is expected to register a CAGR of 6.07% during 2017-2022 (the forecast period). Feed amino acid is an important part of the growing meat industry, which is driven by the increasing demand for animal-derived products, rising awareness among people towards safety and quality of meat, and recent disease outbreaks in livestock. Therefore, the global animal feed amino acids market is expected to grow at a steady pace, during 2017-2022 (the forecast period). The amino acid is one of the fastest growing and the largest revenue generating segment in the animal feed additives market. The end consumers of feed amino acid are compound feed manufacturers, integrators, farmers, home-mixers, livestock, and the aquaculture industry.
The feed amino acids industry growth is fuelled by the increasing meat consumption, changing preferences, and the rising concerns over animal disease outbreaks. Moreover, industrialization of the livestock industry and preferences for animal-derived products are accelerating the market growth. Animal feed industry is one of the biggest markets for amino acid, where the compound is used as an additive in animal feed. Moreover, amino acids help in reducing the consumption of other crude proteins, thereby, significantly reducing the feed costs and improve the farm productivity, profitability, and competitiveness. The population growth among developing countries, accompanied by the increasing per-capita consumption of meat, is expected to drive the amino acids market.
Global Feed Amino Acid Market Share, by Type, 2016 (in USD million)
The inclusion of free or synthetic amino acids in broiler diets (methionine, lysine, and threonine) has been routinely implemented, since decades. With the usage of additional and essential amino acids, such as arginine, isoleucine, tryptophan, and valine that are commercially available, have helped to augment the increased usage of feed amino acids. This increased usage owes to the growing global protein demand for, both, human food and animal feed; however, the prices for synthetic amino acids are relatively declining, thus, driving the need for amino acids. For a typical wheat-based broiler, the diets were supplemented with 2.06 g/kg methionine, 2.95 g/kg lysine hydrochloride, and 0.87 g/kg threonine, which represented 40%, 20% and 11%, respectively, of the specific amino acid concentrations and about 2.5% of the dietary protein content in the feed. While the proportions of specific amino acids are substantial; these proportions are expected to increase over the forecast period; further, embrace a broader range of amino acids in response to the escalating prices for protein meals. Efficient anabolic incorporation of amino acids into the skeletal protein is vital for the effective chicken meat production.
A major obstacle for the growth of feed amino acids market is the price volatility associated with raw materials and the changing regulations among regions. In addition, the development of other sources of protein is pressurizing the market growth. Moreover, the rising cost of other natural feeds is expected to fuel the market growth for amino acids in future.
Based on Acid type
Based on Livestock type
Based on Geographical Area
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