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Date Submitted: 10/07/2015 11:48 PM
Global Amino Acid Market Size Is Estimated To Reach 10.1 Million Tons By
2022
Global amino acid market size is estimated to reach 10.1 million tons by 2022, growing at a
CAGR of 5.6% from 2015 to 2022. Global rise in animal feed additives market demand coupled
with growing livestock production for meat consumption is anticipated to drive amino acids
market over the forecast period.
They are used in feed additives to improve metabolism and provide nutrition to animals such as
pigs, cattle, and broiler which are majorly used for meat consumption. Global meat
consumption was approximately 308 million tons in 2013 with gains predicted at over 2% for the
next five years. Lysine, methionine, threonine, and tryptophan are key animal feed additives.
For further information on this report, please visit http://www.radiantinsights.com/research/amino-acids-market
Growing life expectancy, scarce availability of land and water resources for animal feed
production, and growing grain demand for food and ethanol production has resulted in the meat
industry looking to optimize feed utilization.
Rising consumer awareness regarding feed additive benefits along with recent disease outbreaks
have resulted in a surge in demand. Meat quality has become an important issue in countries
worldwide, especially in North America and Europe. The awareness among consumers
preferring extrinsic quality attributes of meat has increased, affecting the meat market globally.
Increasing dietary supplement consumption as a source of protein is anticipated to drive amino
acids market demand over the next seven years. Changing lifestyle along with rising awareness
to maintain healthy diet is likely to drive dietary supplements consumption.
Increasing sports supplement consumption is projected to drive amino acids industry growth.
Sports supplements are mainly consumed by athletes and bodybuilders to enhance their
performance. Sports supplements, such as energy drinks, weight loss...