Methionine Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2024-2032) | UnivDatos
According to a new report by UnivDatos, the Global Methionine Market is expected to reach USD 7,541.88 million in 2032, growing at a CAGR of 6.50%. The market is driven by increasing demand for animal feed, pharmaceuticals, and dietary supplements. Methionine's essential role in protein synthesis, liver health, and metabolism underscores its rising significance across industries.
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Demand:
The increase in demand for methionine in animal feed, especially for poultry and aquaculture, remains the key driver of the market. Methionine is now indispensable for the livestock industry as it increases the efficiency of feed utilization, lessens nitrogen wastes, and promotes the growth of animals. For example, in 2023, Adisseo, one of the prominent firms producing feed additives- made an announcement regarding the construction of a new facility for producing powdered methionine in Fujian Province, China. With an intended annual output of 150,000 tons, the project worth approximately RMB 4.9 billion will begin operations in 2027. This project is intended to help Adisseo reinforce its competitive edge in the world methionine market and support the development of its product range and global manufacturing potential.
There is also a growing interest in the use of methionine in medicine. Thus, in February 2024, researchers from Johns Hopkins University published the results of studies confirming that methionine has the potential to reduce oxidative stress in individuals suffering from liver diseases. This raised the demand for it in medical nutrition therapy.
Applications:
The methionine market is witnessing a variety of developments in different industries. The largest segment remains animal nutrition, in which DL-Methionine is a feed supplement to promote efficient livestock production and to mitigate environmental pollution caused by livestock. Methionine has a wide range of uses outside animal feeds, and the pharmaceutical global market focuses on it for the management of health and metabolism of the liver. For instance, parenteral nutrition products contain methionine and are administered to patients after undergoing surgeries or suffering from long-term illnesses.
Methionine was reported to be useful in formulating feeds for aquaculture species in 2024, enabling the growth of shrimps and fishes while minimizing their production environmental efficiency. An increase in the use of such products that contain methionine which is beneficial to human health has also been observed in the nutraceutical market.
Technological Advancements:
The methionine industry has seen great strides in production technology, with major companies targeting bio-based and environmentally friendly production techniques. To illustrate, market players such as Adisseo, Evonik, and Arkema are deploying high-end biotechnologies to cut down the expenses associated with the production process while at the same time addressing the issue of pollution. In the same way, the company has also been focused on researching liquid methionine forms and as a result, Adisseo has improved usability and efficiency in feed formulation incorporating the liquid forms of methionine.
There are also innovations that enable precision feeding using animal nutrition that incorporated methionine. For instance, in March 2024, Evonik Industries released its second edition of MetAMINO® ATLAS, which now includes a collection of 19 additional performance trials concerning the relative bioavailability of various supplementary methionine sources in animals’ diets. The new studies also reaffirm that 65 units of MetAMINO® are capable of displacing 100 units of methionine hydroxy analog free acids and calcium salts of which (MHA-FA/Ca) in poultry, swine, and aquaculture feeds without impeding their animal performance.
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Conclusion:
The continuously growing demand for methionine due to its extensive incorporation in animal diets and its rising importance in human nutrition and drug inventions will continue to spearhead the growth of the methionine industry across the globe. With more and more industries becoming environmentally friendly, the focus will be on the improvement of production processes for bio-based methionine. Regions such as Asia Pacific and Latin America represent the untapped potential growth where the demand for meat and changing animal rearing systems are the factors influencing growth. In future trends emphasize the development of advanced methionine products, precision methionine feeding systems and their large-scale manufacturing capabilities to satisfy the growing demand. With key players continuing to pump resources into the sector and research, methionine is expected to continue being relevant in the health and animal husbandry sectors and consequently contributing to the growth of the market until the year 2032.
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