South America Feed Amino Acids Market by Types (Methionine, Tryptophan, Threonine, Lysine, and Others), Animal Types (Poultry, Ruminants, and Others), and Geography (Brazil, Mexico, Colombia, Argentina, and Rest of South America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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.
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
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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.
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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.
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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.
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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.
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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.
Attributes |
Details |
Report Title |
Feed Amino Acids Market - South America Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Types (Methionine, Tryptophan, Threonine, Lysine, and Others) and Animal Types (Poultry, Ruminants, and Others) |
Geographical Scope |
Brazil, Mexico, Colombia, Argentina, and Rest of South America |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Sumitomo Chemical; The Archer Daniels Midland Company; Novus International; Bluestar Adisseo; and Evonik Industries |
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.
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.
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.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed Amino Acids Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Feed Amino Acids Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Feed Amino Acids Market - Supply Chain
4.5. Global Feed Amino Acids Market Forecast
4.5.1. Feed Amino Acids Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Feed Amino Acids Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Feed Amino Acids Market Absolute $ Opportunity
5. Global Feed Amino Acids Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Feed Amino Acids Market Size and Volume Forecast by Types
5.3.1. Methionine
5.3.2. Tryptophan
5.3.3. Threonine
5.3.4. Lysine
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Feed Amino Acids Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Feed Amino Acids Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Feed Amino Acids Demand Share Forecast, 2019-2026
7. North America Feed Amino Acids Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Feed Amino Acids Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Feed Amino Acids Market Size and Volume Forecast by Types
7.4.1. Methionine
7.4.2. Tryptophan
7.4.3. Threonine
7.4.4. Lysine
7.4.5. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Feed Amino Acids Demand Share Forecast, 2019-2026
8. Latin America Feed Amino Acids Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Feed Amino Acids Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Feed Amino Acids Market Size and Volume Forecast by Types
8.4.1. Methionine
8.4.2. Tryptophan
8.4.3. Threonine
8.4.4. Lysine
8.4.5. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Feed Amino Acids Demand Share Forecast, 2019-2026
9. Europe Feed Amino Acids Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Feed Amino Acids Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Feed Amino Acids Market Size and Volume Forecast by Types
9.4.1. Methionine
9.4.2. Tryptophan
9.4.3. Threonine
9.4.4. Lysine
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Feed Amino Acids Demand Share Forecast, 2019-2026
10. Asia Pacific Feed Amino Acids Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Feed Amino Acids Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Feed Amino Acids Market Size and Volume Forecast by Types
10.4.1. Methionine
10.4.2. Tryptophan
10.4.3. Threonine
10.4.4. Lysine
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Feed Amino Acids Demand Share Forecast, 2019-2026
11. Middle East & Africa Feed Amino Acids Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Feed Amino Acids Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Feed Amino Acids Market Size and Volume Forecast by Types
11.4.1. Methionine
11.4.2. Tryptophan
11.4.3. Threonine
11.4.4. Lysine
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Feed Amino Acids Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Feed Amino Acids Market: Market Share Analysis
12.2. Feed Amino Acids Distributors and Customers
12.3. Feed Amino Acids Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Sumitomo Chemical
12.4.2. The Archer Daniels Midland Company
12.4.3. Novus International
12.4.4. Bluestar Adisseo
12.4.5. Evonik Industries