The global demand for Solid Methionine Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kilo Tons in 2021 and forecast to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Solid methionine is a highly pure, white, flowable powder that contains at least 99% of DL-methionine and water content less than 0.3%. Methionine is an amino acid. It contains sulfur, an essential mineral required by animals for growth and tissue repair. It plays a role in detoxifying processes, protects cells from pollutants, slows cell aging, and helps in the absorption and bioavailability of selenium and zinc. It acts as a lipotropic agent and can be used to treat excess fat buildup in the liver. Methionine improves the tone and flexibility of skin, hair and strengthens nails. The solid form of methionine is commonly used in premixes, minerals, and some compound feed to enhance animal performance.
Market Dynamics
The growing popularity of nutritional supplements to meet the demands of modern-day lifestyles and large-scale industrialization of the feed additives sector will be the primary impetus for market growth. The adoption of methionine as a feed additive for animals primarily raised for food or fur, animal feed, aquaculture species, and household pets to improve their overall health will benefit market growth. The solid methionine market will continue to grow in the cosmetics segment as it is used mainly to manufacture hair conditioning and skin conditioning agents. The solid methionine market will have an advantage over liquid versions due to its Superior bioefficacy, better feed conversion, enhanced meat yield, and reduced percentage of non-conforming carcasses. The main barrier to this market is the inadequate growth response obtained in high-stress environments.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of solid methionine. The growth and trends of Solid Methionine Industry provide a holistic approach to this study.
Market Segmentation
This section of the solid methionine market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Application
- Feed
- Pharmaceutical
- Food
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Solid Methionine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Solid Methionine Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the solid methionine market include Adisseo (Bluestar), Evonik, NOVUS, Sichuan Hebang, Sumitomo Chemical, Chongqing Unisplendour Chemical, and CJ Cheiljedang Corp. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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