Feed Amino Acids Market Future Growth Prospects to 2023-2032

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Feed Amino Acids Market Size to Surpass USD 12.7
Billion by 2032
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Overview of Feed Amino Acids Market

• Feed Amino Acid Market is expected to grow
  considerably during 2023-2032 owing to the rising
  use of amino acids in increasing the performance
  and health of animals and the profitability of
  farmers. Amino acids are essential components of
  body proteins and are also involved in a number
  of crucial biochemical and metabolic processes in
  animal cells. Amino acids also play a key role in
  the productivity of farm animals, from growth to
  production and reproduction, and can considerably
  increase a farm's profitability.
• Key players operating in the feed amino acid
  industry are incorporating strategic initiatives
  such as partnerships, mergers and acquisitions,
  and new product launches to strengthen their
  presence in the market. To cite an instance, in
  January 2023, Mintec acquired AgriBriefing, a
  leading global provider of agricultural
  analytics, commodity pricing benchmarks, and
  market data. This newly acquired entity will now
  boast of a broad portfolio of feed-to-food
  commodity prices, cost modeling tools, forecasts,
  and fundamental market data, with plans to serve
  around 5,000 customers in 50 countries.

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• Overall, the feed amino acids industry is
  segmented in terms of product, livestock, and
  region.
• Besides, increasing concern and awareness
  regarding livestock health and an attempt to
  reduce disease outbreaks will empower farmers to
  emphasize meat safety and quality, thus creating
  several opportunities for amino acid in the
  animal nutrition industry.
• Based on the product, the tryptophan segment is
  expected to depict 9 CAGR through 2032. The
  segmental expansion can be credited to the
  several benefits of tryptophan, such as improving
  growth performance, reducing stress, regulating
  insulin, synthesizing muscle protein, and
  improving meat quality.
• By livestock, the cattle segment is projected to
  be valued at over USD 3.2 billion during the
  estimated timeframe as amino acids improve the
  fertility in cattle, thereby supporting the
  healthy growth of calves and reducing the cases
  of chronic illnesses. In addition, more dietary
  protein and better amino acid composition can
  significantly boost milk output in cattle and
  sheep, further assisting segmental growth.

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• In terms of the regional context, the Europe feed
  amino acid industry will showcase an upward trend
  owing to constantly changing preference for
  ready-to-eat foods and the thriving fast-food
  industry. The rising adoption of pets will also
  act as a key parameter driving the demand for
  amino acids in the pet food industry. As per the
  European Pet Food Industry Federation, the pet
  ownership in EU has grown to a whopping 90
  million, implying that 46 of European households
  owe a companion animal.
• Notable participants in the Feed Amino Acids
  market include Meihua Group, Ajinomoto Co.,
  Inc., Ningxia Eppen Biotech Co., Ltd,
  Archer-Daniels-Midland Company (ADM), Global
  Bio-chem Technology Group Company Limited, CJ
  Cheiljedang Corporation, Daesang Corporation,
  Henan Julong Biological Engineering Co., Ltd,
  Multi Vita, Kemin Industries, Inc, Evonik
  Industries AG, BBCA Group, Heilongjiang Chengfu
  Food Group Co., Ltd .

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