Animal Feed Amino Acids Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Tryptophan, Lysine, Methionine, Threonine, Others), By Livestock (Poultry, Swine, Ruminants, Aquatic, Others), And By Geography - Forecasts From 2023 To 2028

Animal Feed Amino Acids Market is projected to grow at a CAGR of 7.46% to reach US$147.048 billion in 2028 from US$88.841 billion in 2021.

Amino acids form the fundamental components of proteins and are also a very crucial constituent of animal muscles and tissues. They play a very important role when it comes to metabolism and biochemical activities inside animal cells. Thereby, these feed additives play a major role in animal development and overall health, along with biological processes like lactation and reproduction. Growing protein diet advancements have increased consumer demand for animal-based products, like meat which is projected to drive market expansion. These amino acids are made up of a variety of distinct ingredients that are put together to create foods that offer calories, protein, and other nutrients. Feed amino acids have become a crucial part of cattle nutrition as a result.

A significant increase in the production of livestock around the globe is predicted to further fuel demand for these additives. Among other things, the expansion of the human population, the rise in disposable income, and awareness about environmental sustainability are some of the key contributors that have recently had an impact on cattle production. Since the majority of animals cannot synthesize amino acids, animal-feed amino acids have become extremely popular in recent years. Further driving the market is projected to be the increased usage of lysine and methionine in nursing dairy cows, which improves production efficiency and lowers the incidence of metabolic diseases.

Rising meat consumption

Producers have modified their production practices in response to the increased demand for meat from consumers worldwide. Livestock farmers also encounter a significant problem in producing high-quality, hygienic meat while meeting the expectations of the meat processing sector. For instance, the OECD (Organisation for Economic Co-operation and Development) indicated that per capita consumption of poultry meat in Russia increased to 31.7 kg in 2019 from 29.5 kg in 2016. The demand for meat production is increasing as a result of expanding meat consumption, which has further raised the demand for feed amino acids. According to the OECD, the United Kingdom's consumption of poultry meat climbed from 27.8 kg in 2016 to 28.3 kg in 2019. A per capita consumption of 17 kg made pork the second most consumed meat in 2019. Additionally, owing to the rising meat consumption in the European region, the production of pig meat grew from 23 million tonnes in 2020 to 23.4 million in 2021, according to Eurostat. The meat and poultry industries are also said to make up the largest portion of US agriculture, according to data from the North American Meat Institute. In addition, India has a sizable market base for dairy goods when it comes to derivative products. The National Dairy Development Board predicts that by 2030, India's demand for dairy products will amount to 266.5 million metric tonnes. As a result, it is anticipated that meat output would increase along with rising meat consumption, which will likely have a substantial global impact on the market for feed amino acids as well.

China to hold lucrative market opportunities

China is anticipated to be a lucrative market for expanding businesses. The region's market is primarily driven by drivers including economic development, industrialization of the cattle sector, growing farmer awareness, and government backing. Market expansion is anticipated to be fueled by developments in the nation. For instance, to generate feed-grade lysine for the feed business, Chiatai Macro of Thailand and Ajinomoto of Japan established joint ventures in China. Additionally, Round-Planc established a joint venture for the manufacture of feed-grade methionine in Tianjin. The market for animal feed additives in China is governed by a legal structure that includes registration, permits, supervision, and inspection. The State Ministry of Agriculture and the province feed administration departments are the responsible government agencies. Chinese investors and novel entrants to the animal feed additive business are subject to a complex set of rules. As the government made major efforts and created rules, such as the Food Safety Law, the importance of food safety has increased in the nation. Thus, it is anticipated that all of these variables will support the Chinese market.

Key Developments

To bolster their positions in the market, feed firms constantly create new products and introduce premium-priced feed with distinctive trademarks or characteristics.

• In January 2022, the DSM-Novozyme collaboration released a product, "HiPhorius," a novel method intended to assist poultry farmers in achieving lucrative and sustainable protein output.
• In September 2020, Evonik introduced the guanidino acetic acid product "GuanAMINO," which can be used to improve energy metabolism in animal production.
• In March 2019, BASF introduced Natuphos E to the Indonesian feed market. Natuphos E has an 18-month shelf life stability and good overall stability in premix that can endure pelleting temperatures up to 95 degrees Celsius.

COVID-19 Impact on the Animal Feed Amino Acids Market

The market for feed amino acids was severely harmed by the onset of the COVID-19 pandemic. The meat business suffered greatly from the closure of eateries during the lockdowns and a significant change in customer consumption habits. Thus, this adverse effect led to a decrease in feed output and had an effect on the demand for these additives. However, the industry is anticipated to expand steadily with bettering of the overall situation and the resumption of these services.

Animal Feed Amino Acids Market Scope:

Market Segmentation:

• By Type
  • Tryptophan
  • Lysine
  • Methionine
  • Threonine
  • Others
• By Livestock
  • Poultry
  • Swine
  • Ruminants
  • Aquatic
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Taiwan
    • Others