Market Overview –
According to market research reports, the global methionine market is expected to grow to USD 7.26 billion by 2022.
Amino acid Methionine is one of the most important, especially for tissue repair and growth, pliability, hair and skin tone and nail strength. Animal husbandry practises, rising meat consumption, and an increased focus on human health are all aided by Methionine’s rapid expansion in the market. Because of the growing global demand for protein-rich foods, it is absolutely critical that meat quality be improved. Antioxidant forms of methionine exist. There is a possibility that it could aid and protect the body from radiation damage. In addition, it has the ability to remove toxic substances from the body, such as heavy metals. Acetaminophen poisoning can also be prevented by this medication.
Methionine’s market is expected to grow over the next seven years due to the growing demand for feed additives to keep cattle metabolism rates at their optimal levels. The rising meat consumption in Asia and Latin America is expected to help Methionine’s market growth as well. Methionine’s inclusion in animal feed was also spurred on by recent outbreaks of animal disease in various locations. Amino acid Methionine is critical to both human and animal systems. It contributes to the production of sulfur-containing amino acids and a variety of protein-containing compounds. This amino acid is essential for the growth and repair of proper tissue within the body’s ports. In order to obtain it, it must be ingested through food. There are two main types of classifications for it. Methionine comes in two different chemical forms: L-methionine and D-methionine.
Covid-19 Analysis –
Methionine production has been halted for a period of time due to rising epidemic rates and the expanding global health emergency period. Due to the pandemic, there is a significant increase in the demand for chemicals and raw materials. As a result of COVID 19, the supply chain for Methionine has been affected by a lack of raw materials despite the high costs. In the short term, companies that are building capacity to meet the COVID-induced demand must be cautious when analysing these unusual demand patterns.
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Between 2021 and 2025, the Methionine market industry’s future will be shaped by post-pandemic changes in social, economic, trade, and political factors, as well as improvements in environmental regulation. The Methionine market share at COVID 19 had a mixed bag of results across various applications and nations. An in-depth analysis of the pandemic’s impact on Methionine market value through 2028 has been presented in the study.
Market Scope –
An essential amino acid called methionine is critical to the health of both humans and animals. Many protein-containing substances, including sulfur-containing amino acids, benefit from its involvement in their synthesis. Type, end-user industry, and geographic region all play a role in the methionine market. The market is broken down into two categories: liquid and powder. Animal feed, food and beverage and other end-user industries are among the market’s subsectors based on industry. For 15 countries, the report also provides market size and forecasts. Volume was used to estimate and forecast the markets for all of the aforementioned product categories (kilotons).
Market Dynamics –
One of the nine essential amino acids, methionine is the only one to contain sulphur naturally. All other sulfur-containing amino acids and their derivatives can trace their ancestry back to this one. Protein synthesis cannot occur without it, and as a result, its rate can be used to estimate the amount of protein being synthesised. Sulfur atoms are essential for the synthesis of cysteine. A number of factors, including the increasing production and sale of food and dietary supplements, as well as the growing awareness of the importance of a balanced diet, are expected to drive the global methionine market’s revenue growth over the forecast period. Cystine synthesis and Glutathione [GSH], an essential endogenous antioxidant, can be negatively affected by a lack of methionine. Because of this, the human body considers it an essential part.
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The easy accessibility of raw materials from a variety of plant and animal sources, such as asparagus, zucchini, mushrooms, salmon, and mahi-mahi, is another factor supporting market growth. These include Because raw materials are readily available, it is possible to manufacture the amino acid efficiently while also maintaining sufficient production to meet the ongoing demand. The market players are employing a variety of tactics to improve their position in the market. Business expansion is a noteworthy strategy frequently employed by major players.
Customization Available –
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Competitive Landscape –
The competitive landscape of the methionine market provides information by competitor. An overview of the business, its financials, revenue generated, market potential, research and development investments, new market initiatives, global presence, production facilities and locations, production capacities, company strengths and weaknesses, product launches, product scope and application dominance are all included. Only data points related to the methionine market are included in this report.
Key Players –
Evonik Industries
Tokyo Chemical Industry Co.
Sumitomo Chemical Corporation Limited
Bluestar Adisseo Company
CJ Cheil Jedang
Ajinomoto Co., Inc.
Chongqing Unisplendour Chemical
Phibro Animal Health
Sunrise Nutrachem
Prinova Group
Iris Biotech GmbH
Kyowa Hakko Bio Co., Ltd.
DSM Nutritional Products AG
Tocris Bioscience
By product –
Animal-based
Plant-based
Others
By Applications –
Food and Dietary Supplements
Animal Feed
Poultry
Pigs
Cattle
Others
Pharmaceuticals
By Region –
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa
