Market Overview:
The global DL-Methionine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for feed additives and pharmaceuticals. The Asia Pacific region is expected to witness the highest growth during the forecast period, followed by Europe and North America.
Product Definition:
DL-Methionine is a chiral molecule that consists of two optical isomers, or enantiomers,mirror images of each other. The name "DL-" stands for "dextrorotatory" and "levorotatory," which refer to the direction in which they rotate plane polarized light.
Solid DL-Methionine:
Solid DL-Methionine, also known as vitamin B2 or riboflavin, is a colorless and odorless liquid that is soluble in water. It was first discovered by the French physician Dr. Louis Sauret in 1837.
Liquid DL-Methionine:
Liquid DL-Methionine is a form of dietary supplement used to aid the nutritional requirements of animals. It is also used as an additive in animal feed and pet food products. The product helps enhance the quality of meat, milk & eggs by improving their texture and appearance.
Application Insights:
The global demand for methionine is witnessing a paradigm shift due to rising awareness among consumers regarding the benefits of nutritional supplements. The food supplement segment led the market and accounted for more than 54% share of the overall revenue in 2017. Rising health concerns among consumers, coupled with increasing disposable income levels in developing countries such as India, China and Brazil are expected to drive product demand in this application segment over the forecast period.
Feed additive was another prominent application that accounted for nearly 45% share of total volume in 2017 owing to high utilization as an animal feed additive across various regions globally. Increasing meat consumption has resulted in increased requirement of animal protein sources including fish and poultry which is anticipated to augment industry growth over next few years. However, volatile nature associated with feed additives may impact its consumption rate on a large scale thus affecting overall industry growth on a negative note during forthcoming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through the forecast period on account of rising product demand from various end-use industries, including animal feed and food supplements. In addition, increasing consumer awareness regarding nutritional enrichment will augment industry growth over the next eight years.
Asia Pacific is anticipated to witness significant growth during the same period owing to rapid industrialization and urbanization coupled with growing population in countries such as China and India. These factors are likely to boost demand for dietary supplements among consumers, thereby driving industry expansion over the forecast period. Moreover, high consumption of methionine-based foods such as meat products is projected to drive regional market development over the coming years. ‘’The Asia Pacific Diet: Implications for Nutrition Research & Public Health Practice’ by Jia et al.
Growth Factors:
- Increasing demand for DL-Methionine from the animal feed industry as a result of rising meat consumption across the globe.
- Growing awareness about the benefits of DL-Methionine among farmers and livestock producers, which is likely to boost its demand in near future.
- Rising investments by key players in R&D activities to develop new and innovative products that would cater to specific needs of different end-use industries.
- Proliferation of contract manufacturing services for DL-Methionine, which is expected to reduce its production costs and make it more affordable for consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
DL-Methionine Market Research Report
By Type
Solid DL-Methionine, Liquid DL-Methionine
By Application
Feed Additive, Pharmaceutical, Food Supplement
By Companies
Evonik, Adisseo, NOVUS, Sumitomo Chemical, CJ Cheiljedang Corp, Chongqing Unisplendour Chemical, Sichuan Hebang
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global DL-Methionine Market Report Segments:
The global DL-Methionine market is segmented on the basis of:
Types
Solid DL-Methionine, Liquid DL-Methionine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Feed Additive, Pharmaceutical, Food Supplement
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Evonik
- Adisseo
- NOVUS
- Sumitomo Chemical
- CJ Cheiljedang Corp
- Chongqing Unisplendour Chemical
- Sichuan Hebang
Highlights of The DL-Methionine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid DL-Methionine
- Liquid DL-Methionine
- By Application:
- Feed Additive
- Pharmaceutical
- Food Supplement
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the DL-Methionine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DL-Methionine is a sulfur-containing amino acid that is found in many foods. It helps the body to make proteins and other important molecules.
Some of the major companies in the dl-methionine market are Evonik, Adisseo, NOVUS, Sumitomo Chemical, CJ Cheiljedang Corp, Chongqing Unisplendour Chemical, Sichuan Hebang.
The dl-methionine market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. DL-Methionine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. DL-Methionine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. DL-Methionine Market - Supply Chain
4.5. Global DL-Methionine Market Forecast
4.5.1. DL-Methionine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. DL-Methionine Market Size (000 Units) and Y-o-Y Growth
4.5.3. DL-Methionine Market Absolute $ Opportunity
5. Global DL-Methionine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. DL-Methionine Market Size and Volume Forecast by Type
5.3.1. Solid DL-Methionine
5.3.2. Liquid DL-Methionine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global DL-Methionine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. DL-Methionine Market Size and Volume Forecast by Application
6.3.1. Feed Additive
6.3.2. Pharmaceutical
6.3.3. Food Supplement
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global DL-Methionine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. DL-Methionine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global DL-Methionine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. DL-Methionine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global DL-Methionine Demand Share Forecast, 2019-2026
9. North America DL-Methionine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America DL-Methionine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America DL-Methionine Market Size and Volume Forecast by Application
9.4.1. Feed Additive
9.4.2. Pharmaceutical
9.4.3. Food Supplement
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America DL-Methionine Market Size and Volume Forecast by Type
9.7.1. Solid DL-Methionine
9.7.2. Liquid DL-Methionine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America DL-Methionine Demand Share Forecast, 2019-2026
10. Latin America DL-Methionine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America DL-Methionine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America DL-Methionine Market Size and Volume Forecast by Application
10.4.1. Feed Additive
10.4.2. Pharmaceutical
10.4.3. Food Supplement
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America DL-Methionine Market Size and Volume Forecast by Type
10.7.1. Solid DL-Methionine
10.7.2. Liquid DL-Methionine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America DL-Methionine Demand Share Forecast, 2019-2026
11. Europe DL-Methionine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe DL-Methionine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe DL-Methionine Market Size and Volume Forecast by Application
11.4.1. Feed Additive
11.4.2. Pharmaceutical
11.4.3. Food Supplement
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe DL-Methionine Market Size and Volume Forecast by Type
11.7.1. Solid DL-Methionine
11.7.2. Liquid DL-Methionine
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Anlysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe DL-Methionine Demand Share, 2019-2026
12. Asia Pacific DL-Methionine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific DL-Methionine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific DL-Methionine Market Size and Volume Forecast by Application
12.4.1. Feed Additive
12.4.2. Pharmaceutical
12.4.3. Food Supplement
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific DL-Methionine Market Size and Volume Forecast by Type
12.7.1. Solid DL-Methionine
12.7.2. Liquid DL-Methionine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific DL-Methionine Demand Share, 2019-2026
13. Middle East & Africa DL-Methionine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa DL-Methionine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa DL-Methionine Market Size and Volume Forecast by Application
13.4.1. Feed Additive
13.4.2. Pharmaceutical
13.4.3. Food Supplement
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa DL-Methionine Market Size and Volume Forecast by Type
13.7.1. Solid DL-Methionine
13.7.2. Liquid DL-Methionine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa DL-Methionine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global DL-Methionine Market: Market Share Analysis
14.2. DL-Methionine Distributors and Customers
14.3. DL-Methionine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Evonik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Adisseo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NOVUS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sumitomo Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CJ Cheiljedang Corp
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chongqing Unisplendour Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sichuan Hebang
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
