The Poultry
Feed Amino Acids Global Market Report 2024 by The Business Research Company
provides market overview across 60+ geographies in the seven regions -
Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the
Middle East, and Africa, encompassing 27 major global industries. The report
presents a comprehensive analysis over a ten-year historic period (2010-2021)
and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Poultry Feed Amino Acids Market:
https://www.thebusinessresearchcompany.com/report/poultry-feed-amino-acids-global-market-report
According to The Business Research Company’s Poultry Feed Amino Acids Global
Market Report 2024, The poultry feed amino acids market size has grown strongly
in recent years. It will grow from $4.06 billion in 2023 to $4.37 billion in
2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be
attributed to growing poultry industry, increased demand for meat products,
shift towards balanced diets, increased awareness of protein quality, industry
focus on performance enhancement.
The poultry feed amino acids market size is expected to see strong growth in
the next few years. It will grow to $5.66 billion in 2028 at a compound annual
growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed
to focus on nutritional precision, rising demand for high-quality protein,
shift towards sustainable agriculture, global population growth, research in
animal nutrition. Major trends in the forecast period include demand for
high-quality protein sources, focus on nutritional efficiency, shift towards
plant-based proteins, health and disease prevention, genetic improvement in
poultry.
Increased consumption of meat is expected to propel the growth of the poultry
feed amino acids market going forward. Meat refers to the flesh and other
edible parts of any animal. Poultry feed amino acids are used to improve the
growth and performance of poultry used for meat and increase in breast meat
percentage in older broilers. For instance, in 2021, according to United
Nations Food and Agriculture Organization, an Italy-based specialized agency to
defeat hunger and improve nutrition, global meat production is projected to
expand by nearly 44 million tons by 2030, reaching 373 million tons, and global
meat consumption per capita is projected to increase 0.3% p.a. to 35.4 kg in
retail weight equivalent (R.W.E.) by 2030. Moreover, according to Sentient
Media, a US-based non-profit news organization, the total amount of meat
consumed in the U.S. increased by 40% in 2021, and Americans consume
approximately 274 pounds of meat on average annually. Therefore, increased
consumption of meat will drive the poultry feed amino acid market.
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The poultry feed amino acids market covered in this report is segmented –
1) By Type: Tryptophan, Lysine, Methionine, Threonine, Other Types
2) By Form: Dry, Liquid, Granules
3) By Source: Natural, Synthetic
Innovative product development is a key trend in the poultry feed amino acid
market. Major companies in the poultry feed amino acids market are introducing
innovative products to sustain their position in the market. For instance, in
May 2022, METEX NØØVISTAGO, a France-based company that produces amino
acid-based solutions for farm animals launched the INNEUS range of animal
nutrition solutions for piglets and poultry based on amino acids. It is
uniquely designed with amino acids to influence intestinal health that helps to
cope with physiological and sanitary challenges such as weaning for piglets, or
coccidiosis for chickens. It attempts to target gut barrier function,
immunological fitness, oxidative state homeostasis, and microbial balance—the
four major pillars of gut health.
The poultry feed amino acids market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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