Methionine Market Size, Opportunities and Industry Report 2023


Posted November 28, 2018 by MRFRresearch

Global Methionine Market Information: By Type (Dl-Methionine, Methionine Hydroxy Analog (Mha), And L-Methionine), End-Use Industry (Animal Feed, Food & Beverage, Pharmaceuticals, And Others), And Region- Forecast Till 2023

 
Methionine is one of the nine essential amino acids important for growth and tissue repair in humans and avian species. It is found in eggs, cheese, asparagus, Brazil nuts, meat, poultry, etc. It helps in increasing the copper level in the body and in the growth of new blood vessels. The global methionine market is segmented based on the type as DL-methionine, methionine hydroxy analogue (MHA), L-methionine. Among these, DL-methionine is the largest segment due to its wide range of applications in food & beverage, pharmaceuticals, personal care, agriculture, and others. DL-methionine is an amino acid supplement used as a nutritional supplement and food additive.

Global Key Players and Competition Analysis

Some of the manufacturers operating in the methionine market are Sumitomo Chemical Co., Ltd (Japan), Evonik Industries AG (Germany), Bluestar Adisseo Co., Ltd. (China), Novus International (U.S.), Tokyo Chemical Industry Co., Ltd. (Japan), Sunrise Nutrachem Group (China), Prinova Group LLC (U.S.), AJINOMOTO CO., INC (Japan), Amino GmbH (Germany), Chongqing Unisplendour Chemical Co. Ltd. (China), Sichuan Hebang Group Industry Co., Ltd (China), Iris Biotech GmbH (Germany), Phibro Animal Health Corporation (U.S.), CJ Cheiljedang Center (South Korea), and Kingchem Life Science LLC (U.S.).

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Segmentation Analysis

The global methionine market is segmented based on the type, end-use industry, and region. Based on the type, the global methionine market is segmented into DL-methionine, methionine hydroxy analog (MHA), and L-methionine. The global methionine market is segmented by its end-use industry as animal feed, food & beverage, pharmaceuticals, and others. The global methionine market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Regional Analysis

The Global Methionine Market is segmented into five regions of Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. The Asia Pacific is the fastest emerging region because of the high cattle production in this region. North American and European market is likely to grow significantly owing to the increasing demand for food & beverage and pharmaceutical industries in the region.

Market Scope

The global methionine market is majorly driven by its usage in major end-user industries such as animal feed, food & beverage, pharmaceutical, and others. The animal feed is the largest segment in terms of value and is expected to lead the global methionine market over the next 7 years. The increasing concerns about food safety and animal health and nutrition is driving the market growth. The use of methionine in the food & beverage industry has augmented the market growth due to its ability to combine with other chemicals in the body to remove toxins.

Browse the market data and information spread across 100 pages with 33 data tables and 12 figures of the report “Methionine Market Research Report - Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/methionine-market-5799
Industry News:

April 3, 2018 Market Research Future Published a Half-Cooked Research Report on Global Methionine Market Research Report.

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Last Updated November 28, 2018