Home / Chemicals / Methionine Market by Type (L- Methionine, DL-Methionine, MHA) by Application (Animal Feed Additives, Pharmaceuticals, Food Processing, Aquaculture): Growth, Future Prospects & Competitive Analysis, 2015 - 2027

Methionine Market by Type (L- Methionine, DL-Methionine, MHA) by Application (Animal Feed Additives, Pharmaceuticals, Food Processing, Aquaculture): Growth, Future Prospects & Competitive Analysis, 2015 - 2027

Published: May 2021 | Report Code: 60370-05-21

The global Methionine Market is likely to attain a market value of USD 4.80 billion in 2027 from USD 3.36 billion in 2020. The CAGR for this market is likely to reach over 6.1% during the forecast period.

The constant need for leading a healthy lifestyle coupled with the increasing adoption of dietary supplements among the end users, negligent healthcare spending, and growing geriatric population, is expected to boost product demand in the forthcoming years. Additionally, growing concerns of obesity among the young people in very many countries is anticipated to propel the growth of the dietary supplements in the market. Also, the increase in the intake of sports supplements is cited to accompany the high demand of methionine in the future. Furthermore, rising demand from the cosmetics industry and pharmaceutical industry extend prospective opportunities to the methionine market players in the forecast period. Credence Research is offering holistic information and absolute accuracy on the report titled “Global Methionine Market”.

Key Market Drivers and Restraints

Factors that have high impact on the market growth of industrial electric vehicles will be covered her. Also, covers factors that may challenge or act as opportunity for market will be discussed in order to identify the revenue generation.

Various Factors Driving the Market Growth

The driving factors contributing to the growth of the global market is the spike in meat consumption as a source of protein across the globe, changing lifestyle patterns, increased usage of frozen meat and allied products and operations of very many meat outlets. The increasing consumption of sports supplements is also seen to complement the demand for methionine over the next few years. The growth of the middle-class population in many countries has caused the increased spending in the healthcare industry, expanding the global methionine market. With due consideration to the above-mentioned factors, the global methionine market is about to see a favorable surge in the near future.

Asia-Pacific to led the global market in geographic regions

On geographic front, the global market comprises six regions with all key economies pertaining to it. Credence Research is providing in-depth insight on prominent regions of global market. Asia-Pacific topped the market by acquiring 31.8% share in 2020.

Global Market is led by the Powder in terms of Form

Based on the methionine form, it is further divided into liquid and powdered form. Owing to the high stability and impressive shelf life, powdered format is preferred over and above the liquid ingredients. Specialty carbohydrates, fish derived collagen, carotenoids, fibers, and numerous plant extracts are present as powders that have application at methionine products production.

Food processing to dominate the global market in the coming years

Animal Feed Additives, Pharmaceuticals, Food Applicationing and Aquaculture are the various Applications of this market. In past few years, animal feed additives had the highest market share at the application segment in the methionine market, citing reasons such as mounting demand for animal feed supplements, owing to the increasing demand to sustain metabolism rate in livestock. However, due to the stringent government regulations, it has prohibited bone meal and fish meal usage for developing amino acids, posing a challenge for the animal feed share of market in the previous years. However, food processing is anticipated to dominated the market in 2020 and is projected to do so in forecast period.

Frequently asked questions about global industry

  • Which are the different Types of Methionine?
    Ans: DL-Methionine, MHA and L- Methionine are the three types available in the market
  • Name few prominent players in the global industry.
    Ans: Novus International Inc., Ajinomoto Group, Evonik Industries AG, BASF SE, Arkema Group, Bluestar Adisseo Company, 10 Royal DSM, METabolic EXplorer are the key players leading this market
  • Which is the fastest growing Application segment for global industry?
    Ans: Food Applicationing has fastest growth at Application end
  • Which is the leading regional market for global industry?
    Ans: Europe has the largest share of the market
  • What will be the CAGR (2021 - 2027) of in global industry?
    Ans: The CAGR for this market is likely to reach over 6.1% during the forecast period

Table of Content
1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Methionine Market
3.Market Dynamics
3.1.Introduction
3.1.1. Global Methionine Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Type
3.3.2.Application
3.3.3.Form
3.3.4.Geography

4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Methionine Market Pre Vs Post COVID 19, 2019 - 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Methionine Market, by Country, 2015-2027 (US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Methionine Market, By Type, 2015-2027 (US$ Bn)
6.2.1.Overview
6.2.2.L- Methionine
6.2.3.DL-Methionine
6.2.4.MHA
6.3.North America Methionine Market, By Form, 2015-2027 (US$ Bn)
6.3.1.Overview
6.3.2.Powder
6.3.3.Liquid
6.4.North America Methionine Market, by Application, 2015-2027 (US$ Bn)
6.4.1.Overview
6.4.2.Animal Feed Additives
6.4.3.Pharmaceuticals
6.4.4.Food Applicationing
6.4.5.Aquaculture

7.Europe
7.1.Europe Methionine Market, by Country, 2015-2027 (US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Methionine Market, By Type, 2015-2027 (US$ Bn)
7.2.1.Overview
7.2.2.L- Methionine
7.2.3.DL-Methionine
7.2.4.MHA
7.3. Europe Methionine Market, By Form, 2015-2027 (US$ Bn)
7.3.1.Overview
7.3.2.Powder
7.3.3.Liquid
7.4.Europe Methionine Market, by Application, 2015-2027 (US$ Bn)
7.4.1.Overview
7.4.2.Animal Feed Additives
7.4.3.Pharmaceuticals
7.4.4.Food Applicationing
7.4.5.Aquaculture

8.Asia Pacific
8.1.Asia Pacific Methionine Market, by Country, 2015-2027 (US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Methionine Market, By Type, 2015-2027 (US$ Bn)
8.2.1.Overview
8.2.2.L- Methionine
8.2.3.DL-Methionine
8.2.4.MHA
8.3.Asia Pacific Methionine Market, By Form, 2015-2027 (US$ Bn)
8.3.1.Overview
8.3.2.Powder
8.3.3.Liquid
8.4.Asia Pacific Methionine Market, by Application, 2015-2027 (US$ Bn)
8.4.1.Overview
8.4.2.Animal Feed Additives
8.4.3.Pharmaceuticals
8.4.4.Food Applicationing
8.4.5.Aquaculture
9.Latin America
9.1.Latin America Methionine Market, by Country, 2015-2027 (US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Methionine Market, By Type, 2015-2027 (US$ Bn)
9.2.1.Overview
9.2.2.L- Methionine
9.2.3.DL-Methionine
9.2.4.MHA
9.3.Latin America Methionine Market, By Form, 2015-2027 (US$ Bn)
9.3.1.Overview
9.3.2.Powder
9.3.3.Liquid
9.4.Latin America Methionine Market, by Application, 2015-2027 (US$ Bn)
9.4.1.Overview
9.4.2.Animal Feed Additives
9.4.3.Pharmaceuticals
9.4.4.Food Applicationing
9.4.5.Aquaculture
10.Middle East
10.1.Middle East Methionine Market, by Country, 2015-2027 (US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Methionine Market, By Type, 2015-2027 (US$ Bn)
10.2.1.Overview
10.2.2.L- Methionine
10.2.3.DL-Methionine
10.2.4.MHA
10.3.Middle East Methionine Market, By Form, 2015-2027 (US$ Bn)
10.3.1.Overview
10.3.2.Powder
10.3.3.Liquid
10.4.Middle East Methionine Market, by Application, 2015-2027 (US$ Bn)
10.4.1.Overview
10.4.2.Animal Feed Additives
10.4.3.Interior
10.4.4.Food Applicationing
10.4.5.Aquaculture
10.4.6.Others
11.Africa
11.1.Africa Methionine Market, by Country, 2015-2027 (US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Methionine Market, By Type, 2015-2027 (US$ Bn)
11.2.1.Overview
11.2.2.L- Methionine
11.2.3.DL-Methionine
11.2.4.MHA
11.3.Africa Methionine Market, By Form, 2015-2027 (US$ Bn)
11.3.1.Overview
11.3.2.Powder
11.3.3.Liquid
11.4.Africa Methionine Market, by Application, 2015-2027 (US$ Bn)
11.4.1.Overview
11.4.2.Animal Feed Additives
11.4.3.Pharmaceuticals
11.4.4.Food Applicationing
11.4.5.Aquaculture
12.Global
12.1.Global Methionine Market, By Type, 2015-2027 (US$ Bn)
12.1.1.Overview
12.1.2.L- Methionine
12.1.3.DL-Methionine MHA
12.2.Global Methionine Market, By Form, 2015-2027 (US$ Bn)
12.2.1.Overview
12.2.2.Powder
12.2.3.Liquid
12.3.Global Methionine Market, by Application, 2015-2027 (US$ Bn)
12.3.1.Overview
12.3.2.Animal Feed Additives
12.3.3.Pharmaceuticals
12.3.4.Food Applicationing
12.3.5.Aquaculture
13.Company Profiles
13.1.Evonik Industries AG
13.2.Ajinomoto Group
13.3. BASF SE
13.4.Arkema Group
13.5.Novus International Inc.
13.6.Bluestar Adisseo Company
13.7.METabolic Explorer
10 Royal DSM

FIG. 1Global Methionine Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Methionine Market Segmentation
FIG. 4Global Methionine Market, by Product, 2019 (US$ Bn)
FIG. 5Global Methionine Market, by Application, 2019 (US$ Bn)
FIG. 6Global Methionine Market, by Geography, 2019 (US$ Bn)
FIG. 7Attractive Investment Proposition, by Geography, 2019
FIG. 8Global Market Positioning of Key Methionine Market Manufacturers, 2019
FIG. 9Global Methionine Market Value Contribution, By Type, 2019 & 2027 (Value %)
FIG. 10Global Methionine Market, by Type 1, Value, 2015-2027 (US$ Bn)
FIG. 11Global Methionine Market, by Type 2, Value, 2015-2027 (US$ Bn)
FIG. 12Global Methionine Market, by Type 3, Value, 2015-2027 (US$ Bn)
FIG. 13Global Methionine Market, by Type 4, Value, 2015-2027 (US$ Bn)
FIG. 14Global Methionine Market, by Type 5, Value, 2015-2027 (US$ Bn)
FIG. 15Global Methionine Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 16Global Methionine Market Value Contribution, By Application, 2019 & 2027 (Value %)
FIG. 17Global Methionine Market, by Application 1, Value, 2015-2027 (US$ Bn)
FIG. 18Global Methionine Market, by Application 2, Value, 2015-2027 (US$ Bn)
FIG. 19Global Methionine Market, by Application 3, Value, 2015-2027 (US$ Bn)
FIG. 20U.S. Methionine Market, 2015-2027 (US$ Bn)
FIG. 21Rest of North America Methionine Market, 2015-2027 (US$ Bn)
FIG. 22U.K. Methionine Market, 2015-2027 (US$ Bn)
FIG. 23Germany Methionine Market, 2015-2027 (US$ Bn)
FIG. 24France Methionine Market, 2015-2027 (US$ Bn)
FIG. 25Rest of Europe Methionine Market, 2015-2027 (US$ Bn)
FIG. 26Japan Methionine Market, 2015-2027 (US$ Bn)
FIG. 27China Methionine Market, 2015-2027 (US$ Bn)
FIG. 28India Methionine Market, 2015-2027 (US$ Bn)
FIG. 29Rest of Asia Pacific Methionine Market, 2015-2027 (US$ Bn)
FIG. 30Middle East & Africa Methionine Market, 2015-2027 (US$ Bn)
Latin America Methionine Market, 2015-2027 (US$ Bn)

List of Tables
TABLE 1Market Snapshot: Global Methionine Market
TABLE 2Global Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 3Global Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 4Global Methionine Market, by Application, 2015-2027 (US$ Bn)
TABLE 5Global Methionine Market, by Geography, 2015-2027 (US$ Bn)
TABLE 6North America Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 7North America Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 8North America Methionine Market, by Country, 2015-2027 (US$ Bn)
TABLE 9Europe Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 10Europe Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 11Europe Methionine Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 12Asia Pacific Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 13Asia Pacific Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 14Asia Pacific Methionine Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 15Latin America Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 16Latin America Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 17Latin America Methionine Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 18Middle East Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 19Middle East Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 20Middle East Methionine Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 21Africa Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 22Africa Methionine Market, by Type, 2015-2027 (US$ Bn)
TABLE 23Africa Methionine Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 24Company 01: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25Company 2: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Company 3: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27Company 4.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28Company 5: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 Company 6: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 30Company 7: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 31Company 8: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 32Company 9: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33Company 10: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34Company 11: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 35Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 36Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

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