Global Methionine market is projected to reach USD 4.5 Billion by 2028, growing at a CAGR of over 4%, invalue terms owing to rising awareness of food nutrients, especially amino acids for mental and physical development. Moreover, growing popularity of animal-based products like sea-foods, dairy etc. and increasing use of methionine as a nutraceutical will ensure robust growth of the market in the next five years.
Global Methionine market is segmented based on type, raw material, application and region. Based on type, the market is divided into DL-Methionine, Methionine Hydroxy Analogue (Mha) and L-Methionine. The DL-Methionine is expected to dominate the market during the forecast period due to its properties such as high antioxidant capacity, low nitrogen excretions, among others. Based on applications, food & supplements is expected to lead the market due to its nutritional benefits, anti-cancer properties etc.
Regionally, Asia-Pacific region is expected to lead the market owing to rise in disposable income of consumers, rapid urbanization and increased awareness of health and well-being in constituent regions like India and China.
Some of the leading players in the Global Methionine Market are Adisseo, Evonik, AJINOMOTO, Novus International, Sumitomo Chemicals, Prinova Group LLC,
Objective of the Study
- To analyse and forecast the market size of Methionine Market, in terms of value and volume.
- To classify and forecast global Methionine based on type, raw material, application, and regional distribution.
- To identify drivers and challenges for global Methionine Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Methionine Market.
- To conduct the pricing analysis for Methionine Market.
- To identify and analyse the profile of leading service providers involved in the global Methionine Market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers
Market insights research calculated the market size of Global
Key Target Audience
- Methionine Manufacturers
- Dealers, and Suppliers
- Traders and Distributors of Methacrylate Monomers.
- Feed Manufacturers
- Regulatory organizations.
- Research organizations and consulting companies.
- Market research and consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2022 |
| Historical Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · Raw Material · Application |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore; Malaysia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar; Brazil, Argentina, Colombia; |
| Key companies profiled | Adisseo, Evonik, AJINOMOTO, Novus International, Sumitomo Chemicals, Prinova Group LLC, Sunrise Nutrachem Group, Phibro, Chongqing Unisplendour Chemical. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
