South America Feed Amino Acids Market

The South America feed amino acids market size was valued at USD 810.34 million in 2022 and is expected to surpass USD 1.25 Billion by 2031, expanding at a CAGR of 4.98% during the forecast period, 2023–2031. 

The growth of the market is attributed to growing demand for animal-derived protein, increasing awareness among people toward food safety, and implementation of innovative animal husbandry practices. Amino acids are molecules that combine together to form proteins.

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The human body uses amino acids to make proteins to help the body break down food, grow, repair body tissue, and perform many other body functions. Amino acids are used as a source of energy by the body. Amino acids are used for variety of applications in industry. The amino acid is mainly used as additives to animal feed.

The amino acids in animal feeds play an important role in improving the efficiency of conversion of protein from feed to meat production. Amino acids also contribute in increasing protein supply of meat. The most commonly used amino acids include methionine, lysine, tryptophan, methionine, and threonine.

In feedstock industry, amino acids are used to chelate metal cations for enhancing the absorption of minerals from supplement that is required to improve the health or productivity of these animals. The chelating ability of amino acids is also used in fertilizers for agriculture to facilitate the delivery of minerals to plants. The addition of amino acids in fertilizers helps to correct mineral deficiencies, such as iron chlorosis.

The fertilizers rich in amino acids are essential to prevent deficiencies from occurring and improving the overall health of the plants. The threonine acids are used as feed additives for animal nutrition. The food products such as meat, leafy vegetables, dairy foods, and mushrooms all contain threonine acids. The threonine acids are found mainly in central nervous system and help in treating depression.

The COVID-19 pandemic has affected almost every industry to a notable degree. The outbreak of the pandemic had a major impact on the feed amino acids industry. Moreover, the third wave of pandemic can create challenges for the market growth.

Market Trends, Drivers, Restraints and Opportunities

• Rising consumer awareness, increasing investments for feedstock industry, and growing demand for quality meat are the major factor propelling the market expansion during the projected period.

• Increasing awareness about the health and medicinal benefits of amino acids and growing standardization of meat products owing to disease outbreaks are expected to spur the market expansion in the next few years.

• Growing demand for animal feed additives to enhance the quality and productivity of animal product is expected to support the growth of this market during the forecast period.

• Fluctuation in raw material prices and complex food production chain are some of the factors expected to hamper the market growth during the forecast period.

• Increasing industrial investments and opportunities in food nutrition is expected to create numerous opportunities for the market growth in the long run.

Scope of the Report

The report on the South America feed amino acids market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

South America Feed Amino Acids Market Segment Insights

Threonine segment is projected to expand at a robust CAGR

Based on types, the market is segregated into methionine, tryptophan, threonine, lysine, and others. The threonine segment is projected to expand at a robust CAGR during the forecast period owing to the growing demand for feed additives to enhance protein synthesis and weight gain.

Moreover, the increasing consumption of threonine for maintaining immunity and gut integrity is expected to boost the regional growth of the market segment in the coming years.

On the other hand, the methionine segment is anticipated to hold a significant market share during the forecast period owing to the rising demand from cattle, poultry, swine, and aquaculture industries.

Moreover, the rising incidences of animal diseases, growing consumption of methionine for animal feed, and increasing demand for maintaining adequate metabolism rates in livestock are expected to grow the market segment during the forecast period.

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Poultry segment is projected to hold a significant market share

On the basis of animal types, the market is segmented into poultry, ruminant, and others. The poultry segment is projected to hold a significant market share during the forecast period due to high demand for poultry chicken in food industry and rising trend of poultry farming.

Moreover, the growing animal health and rising awareness about the benefits of amino acids in feedstuffs is expected to grow the market segment during the forecast period. Furthermore, the rising poultry production & consumption and increasing demand from meat producers are some of the factors that can spur the market growth in the coming years.

However, the ruminant segment is anticipated to expand at a considerable pace owing to increasing demand for sustainable ruminant production and large scale consumption of high-quality products of ruminant origin.

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Brazil market is anticipated to constitute a key market share

In terms of geography, the market is classified as Brazil, Mexico, Colombia, Argentina, and Rest of South America. Brazil is anticipated to constitute a key share of the market during the projected period owing to growing demand for animal production.

Moreover, the government support and high demand for various meats in the country are the major factors behind the rapid expansion of the market in the country. Furthermore, increasing consumption of meat and high production of raw materials are expected to spur the growth of the market in the country.

On the other hand, the market in Mexico is anticipated to exhibit a robust CAGR during the forecast period due to the growing demand for animal feed and animal protein in the country. Moreover, the changing food habits and eating patterns of the consumers is projected to grow the market during the forecast period.

Segments

The South America feed amino acids market has been segmented on the basis of

Types

• Methionine
• Tryptophan
• Threonine
• Lysine
• Others

Animal Types

• Poultry
• Ruminants
• Others

Geography

• Brazil
• Mexico
• Colombia
• Argentina
• Rest of North America

Key Players

• Sumitomo Chemical
• The Archer Daniels Midland Company
• Novus International
• Bluestar Adisseo
• Evonik Industries

Competitive Landscape

Key players competing in the South America feed amino acids market are Sumitomo Chemical; The Archer Daniels Midland Company; Novus International; Bluestar Adisseo; and Evonik Industries. The companies are focusing on marketing strategies, product launches, acquisitions, and collaborations with other industry players to increase their market sales.

In June 2017, Archer Daniels Midland Company announced its strategic collaboration with Anco Animal Nutrition Competence. The company aimed to offer amino acid products offered under the Anco’s line of specialty feed ingredients.

In October 2017, Sumitomo Chemical announced the launch of its animal feed analysis capabilities center at the Latin America Research Center, operated by Sumitomo Chemical Company in Brazil. The company provided the technical support services for feed millers who are customers of Sumitomo Chemical’s methionine business through the establishment of animal feed analysis center.

In December 2017, Archer Daniels Midland Company announced to set up a state-of-the-art feed facility to replace its current plant in Columbus, Nebraska. The company aimed to provide warehouse space to serve customers more quickly and efficiently. The new production line successfully provided a range of products for dairy cows, cattle, and horses.