Amino acids are important in health nutrition, particularly parenteral nutrition. Amino acids are frequently used in animal feed as dietary supplements. Amino acids are used as animal feed to increase metabolic rate and provide nutrition to animals such as cattle, broilers, and pigs. Furthermore, feed amino acids aid in animals' health, reproduction, and lactation.
Data Bridge Market Research analyses that the amino acids premix for feed market which was valued USD 1.20 billion in 2021 and is expected to reach the value of USD 3.01 billion by 2029, at a CAGR of 12.2% during the forecast period of 2022 to 2029.
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Market Analysis and Size
Feed Premix plays an essential role in improving feed additives and feed properties. Feed Premix also benefits the animals by boosting their immune and reproductive systems and increasing their metabolism. The term "premix" refers to vitamins, trace minerals, antibiotics, feed supplements, and diluents.
Amino Acids Premix for Feed Market Dynamics
- Growing focus on the animal health
Increased emphasis on animal health will also drive market growth. Increased cattle farming is likely to increase demand for amino acids premix for feed. Humans' increasing demand for animal-based products will drive up market demand. Proponents of natural growth are expected to be active in the market as their momentum grows. Increasing consumer responsiveness of the benefits of using feed additives to reduce disease has fuelled the market's demand.
- Increasing demand for organic meat
Food safety concerns have increased the demand for high-quality amino acids premix for feed to ensure meat safety. Another factor driving the growth of the amino acids premix for feed market is the growing awareness among farm owners of maintaining a healthy animal-based diet. As a result, they are transitioning from standard amino acids premix for feed to functional and premium variants that help improve the animals' immunity against enzootic diseases while also lowering the risk of metabolic disorders, acidosis, injuries, and infections.
Furthermore, an increase in demand for organic meat from developed-country consumers and the implementation of new animal rearing practises and the maintenance of high farming standards have created a positive outlook for the industry.
Increasing meat consumption in developing economies such as China, India, and Brazil is expected to drive global demand for the product. Australia is a major pork exporting region and is expected to drive product demand over the forecast period.
Some of the major players operating in the amino acids premix for feed market are:
- Cargill, Incorporated (U.S)
- Dow (US)
- BASF SE (Germany)
- Chr. Hansen Holding A/S (Denmark)
- DSM (Netherlands)
- DuPont (US)
- Evonik Industries AG (Germany)
- NOVUS INTERNATIONAL (US)
- Alltech (US)
- Associated British Foods plc (UK)
- Charoen Pokphand Foods PCL (Thailand)
- Nutreco (Netherlands)
- ForFarmers. (Netherlands)
- De Heus Animal Nutrition (Netherlands)
- Land O'Lakes (US)
- Kent Nutrition Group (US)
- J. D. HEISKELL & CO. (US)
- Perdue Farms (US)
- SunOpta (Canada)
- Scratch Peck Feeds (US)
- De Heus Animal Nutrition (Netherlands)
- MEGAMIX (Russia)
- Agrofeed (Hungary)
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Global Amino Acids Premix for Feed Market Scope
The amino acids premix for feed market is segmented on the basis of source, type, end-user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Plant Based
- Animal Based
- Animal Feed
- Food Industry
- Pharmacy Stores
- Online Stores
Amino Acids Premix for Feed Market Regional Analysis/Insights
The amino acids premix for feed market is analysed and market size insights and trends are provided by country, source, type, end user and distribution channel as referenced above.
The countries covered in the amino acids premix for feed market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific is the most important pork consumption and production market, accounting for roughly half of global output. The global region is the largest market for amino acids premix for feed products due to the high consumption of pork meat. South East Asia is the world's largest pork producer and exporter. Since ancient times, pork meat has been consumed in the region and is the most popular meat due to its high fat content and flavour. China is the largest pork producer's market, followed by Vietnam, Thailand, South Korea, Japan, and the Philippines. Japan, South Korea, and Taiwan are saturated pork consumption markets, while Vietnam and the Philippines are emerging markets.
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