The global methionine market size reached US$ 6.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.0 Billion by 2032, exhibiting a growth rate (CAGR) of 6.3% during 2024-2032. More Info:- https://www.imarcgroup.com/methionine-market

1. Global Methionine
Market Research and
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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strategy and market research worldwide. We partner with clients in all regions and industry
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organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Methionine Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
2024-2032," the global methionine market size reached US$ 6.2 Billion in
2023.
Factors Affecting the Growth of the Methionine Industry:
Growing Focus on Animal Nutrition and Health:
The growing emphasis on enhancing animal nutrition to improve production
efficiency and uphold animal health is influencing market growth. Additionally,
methionine, an essential amino acid helps in improving feed efficiency, thereby
enabling animals to better utilize the nutrients in their feed, which translates to
improved growth rates, higher milk yields, and better overall health.
It also benefits the animals and contributes to the sustainability and
profitability of farming operations. Moreover, the increasing awareness among
livestock producers regarding the importance of balanced diets and the
specific benefits of amino acids such as methionine is propelling the market
growth.

4. Report Highlight
and Description
Technological Advancements:
The market is benefiting significantly from technological advancements in
biotechnology and manufacturing processes. Additionally, various innovations
are enhancing the efficiency of methionine production, making the process
more sustainable and cost-effective, thus contributing to market growth. These
advancements include improved fermentation techniques, better catalysts for
synthetic processes, and more efficient recovery methods, all contributing to a
higher yield of methionine and reduced production costs.
As a result, methionine is becoming more accessible and affordable for feed
manufacturers and livestock producers, facilitating its increased incorporation
into animal feed. Along with this, the continuous improvements in production
technology cater to the growing demand and align with the industry’s push
toward more environmentally friendly manufacturing practices, thereby
supporting market growth.
Rising Aquaculture Industry:
The aquaculture industry is primarily driven by growing populations and the
rising recognition of seafood’s nutritional benefits. Additionally, methionine is
indispensable in aquaculture, serving as a crucial nutrient that supports the
optimal growth, health, and vitality of aquatic species.

5. Report Highlight
and Description
It is particularly vital in the formulation of fish feed, where it ensures balanced
nutrition, thereby improving feed conversion ratios, enhancing growth rates,
and reducing the susceptibility of fish to diseases. As the aquaculture sector
strives to increase production sustainably and meet the stringent standards of
quality and environmental care, the role of essential nutrients such as
methionine is propelling the market growth.
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6. Report Description
Global Methionine Market Trends:
At present, the demand for methionine is primarily driven by the increasing consumption of meat and poultry
products globally. As the world population continues to grow, particularly in emerging economies, the demand for
protein-rich diets is rising, which is escalating the demand for methionine in animal feed.
Moreover, several changes in regulations governing the approval, labeling, or permissible levels of methionine in
animal feed formulations are contributing to the market growth. Besides this, the ongoing research and
development (R&D) efforts in biotechnology and feed additives may lead to advancements in methionine
production techniques, potentially resulting in improved efficiency and cost-effectiveness, thus creating a positive
market outlook.
Looking forward, IMARC Group expects the market to reach US$ 11.0 Billion by 2032, exhibiting a growth
rate (CAGR) of 6.3% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/methionine-market

7. Report
Segmentation
Breakup by Type:
• Liquid
• Powder
Breakup by Raw Material:
• Plant Based
• Animal Based
Breakup by End Use Industry:
• Food and Beverage
• Pharmaceutical
• Animal Feed
• Others

8. Report
Segmentation
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

9. Competitive
Landscape with
Key Players
• BEWITAL agri GmbH & Co. KG
• Bluestar Adisseo Company (China National
Bluestar (Group) Co. Ltd.)
• CJ CheilJedang Corporation
• Evonik Industries AG (RAG-Stiftung)
• Iris Biotech GmbH
• Kemin Industries Inc.
• Megamix Inc.
• Novus International Inc. (Mitsui & Co. Ltd.)
• Sumitomo Chemical Co. Ltd.
• Tokyo Chemical Industry Co. Ltd
• Volzhsky Orgsynthese JSC (Olymp Technologies
S.A.)
• Zhejiang NHU Co. Ltd.

10. Key Questions
Answered in
the Report
What was the size of the global methionine market in 2023?
What is the expected growth rate of the global methionine market
during 2024-2032?
What are the key factors driving the global methionine market?
What has been the impact of COVID-19 on the global methionine
market?
What is the breakup of the global methionine market based on the
type?
What is the breakup of the global methionine market based on the
raw material?
What is the breakup of the global methionine market based on the
end use industry?
What are the key regions in the global methionine market?
Who are the key players/companies in the global methionine
market?

11. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Methionine Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Liquid
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Powder
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Raw Material
7.1 Plant Based
7.1.1 Mark et Trends
7.1.2 Mark et Forecast

12. Table of
Contents
7.2 Animal Based
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
8 Market Breakup by End Use Industry
8.1 Food and Beverage
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Pharmaceutical
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Animal Feed
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Others
8.4.1 Mark et Trends
8.4.2 Mark et Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Mark et Trends
9.1.1.2 Mark et Forecast
9.1.2 Canada
9.1.2.1 Mark et Trends
9.1.2.2 Mark et Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Mark et Trends
9.2.1.2 Mark et Forecast
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