Feed Amino Acids Market Overview, Sales, Revenue, Growth Rate and Analysis to 2018-2023
The report titled Global Feed Amino Acids Market covers definition, applications, classification, value chain structure and market performance by key leading countries/regions. In a detailed research methodology – wise, the Feed Amino Acids analysis with various aspects corresponding to the Globally Feed Amino Acids Market.
In further, the Feed Amino Acids Market includes drivers, restraints, threats, opportunities, trends, geographical/regional Feed Amino Acids markets, and competitive landscape.
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Amino acids are important dietary ingredients for all animal types. They are the building blocks for proteins and facilitate the growth of animals. There are a few essential amino acids, which cannot be manufactured by the animal. Thus, their intake is necessary from external sources, to prevent protein breakdown in the body which results in muscle loss or problems with muscle repairs.
Demand from Aquaculture Industry
Aquaculture is one of the fastest growing industries in the world. The demand for seafood is driving the meat industry as an increasing number of individuals are becoming aware of the health benefits of fish consumption. Fish are low in fats, cholesterol, and carbohydrates and are rich in Omega-3 fatty acids, which help protect the heart. Fish also provides the essential vitamins and amino acids.
There are about 57 million people across the world who rely on fishing for their livelihood, close to 80% in Asia-Pacific. The trade in fish had grown exponentially in recent decades from just USD 8 billion in 1976 to USD 151 billion in 2016. According to the UN, global consumption of fish has hit an average of 20 kg per person in 2010. FAO report states that the world per-capita fish consumption increased from an average 14.4 kg in the 1990s to 20.2 kg in 2015. The human fish consumption has grown at a CAGR of 14% during the forecast period (2007-2012).
Fish have the capacity to exhibit extremely high growth rates and very high feed conversion efficiency. Therefore high dietary levels of amino acids are required to exploit the high performance potential. In fish, amino acids are a major source of energy for all metabolic processes. Fish have amino acid requirements like any terrestrial species. Young fish have higher requirement for nutrient density compared with older fish, therefore amino acid levels need to be accordingly higher. Environmental constraints in terms of water pollution, in particular with nitrogen and phosphorus require feed formulation based on minimum protein supply and covering essential amino acid needs in the aquaculture industry.
Ban on Synthetic Amino Acids in Organic Feed
Lysine is a synthetic amino acid which is used as a raw material by the compound feed and premix manufacturers in the feed. Lysine is a limiting amino acid (one of the first limiting amino acid), which is intended to supplement any shortages of amino acids in feed for primarily poultry and pigs. The USDA defines organic meat as meat raised for human consumption without additives and minimally processed. The demand for organic meat is acting as a restraint for synthetic amino acids. Over the past 5 year, some organic certifying organizations such as organic prairie no longer allow the use of synthetic amino acids in the feed producing organic meat and animal by-products.
Top Players of Feed Amino Acids Market are listed below:
- Ajinomoto Co. Inc.
- Archer Daniels Midland Company
- Royal Dsm N.V
- Adisseo France Sas
- Novus International
- Cheil Jedang
- PHW Group
- Evonik Industries Ag
- Kemin Europa
Reasons to Purchase this Report
Geographically, this Global report majorly split into several regions, covering
- North – South America
- Asia – Pacific
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The Feed Amino Acids Report provides the landscape and growth with the product lifecycle over the coming years, market space, market opportunities, market risk, the market overview of the Feed Amino Acids. It explains the gap between supply and consumption, tables and figures, SWOT analysis of the leading enterprises in the Feed Amino Acids Report. Further, the Feed Amino Acids Report is examined for price, cost and gross. Additionally, it provides a valuable source of suggestions and direction for enterprises and individuals who are taking part in this market.