FELTON, California, August 9, 2017 /PRNewswire/ —
Global amino acids market demand was estimated at 6.19 million tons in 2013, with historical consumption propelled by l-glutamine and lysine’s application in dietary supplements and animal feed respectively.
Increasing meat consumption which has further driven livestock production will be a source for amino acids demand in future. Countries such as Vietnam, Australia, and the Philippines have registered tremendous increase in pork, cattle and swine production in the recent years. This trend is expected to continue in the future course, which will cast a positive influence on the industry dynamics.
Amino acids such as lysine are widely used in swine & poultry feed due to their properties to synthesize protein and subsequently optimize their growth. Furthermore, methionine and tryptophan are gaining prevalence among consumers due to their beneficial properties when ingested as supplements in the treatment of various health conditions such as Parkinson’s disease, schizophrenia, allergies and depression.
The global market dynamics are influenced by regulations by agencies such as American Feed Industry Association (AFIA), Center for Veterinary Medicine (CVM), and European Food Safety Authority (EFSA), who are responsible for standardizing the usage of amino acids along with their supply and storage.
L-glutamine is a major product and accounted for nearly 50% of the market volume in 2015. Glutamine is widely used as an additive in food & dietary supplement and therefore marketed as medical food. Furthermore, its usage as a counter medication for side effects of medical treatments such as chemotherapy and neuropathy will further strengthen its position in the industry.
Browse full research report with TOC on“Amino Acids Market Size & Forecast Report, 2012 – 2022“ at:https://www.millioninsights.com/industry-reports/amino-acids-market
Key amino acids used as animal feed ingredients include lysine, methionine, threonine,…