Market Overview:
The global 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 methionine from feed, pharmaceutical, food and other applications. Asia Pacific is expected to be the fastest growing region in the global methionine market during the forecast period.
Product Definition:
Methionine is an essential amino acid found in proteins. It helps the body make other proteins and enzymes, and also forms part of the chemical structure of DNA. Methionine is important for growth, tissue repair, and the production of antibodies.
Solid Methionine:
Methionine is an amino acid that is present in animal and plant protein. It has several functions in the body, including the production of collagen and sialic acid. The human body cannot synthesize enough methionine to meet its needs from dietary sources; thus it must be consumed through diet or supplements. Methionine deficiency leads to poor growth and development of hair loss (alopecia).
Liquid Methionine:
Liquid methionine is a type of dietary supplement that is produced from the amino acid methionine. It has several important nutritional properties and can be used as an alternative to processed meat, eggs, fish, and soy products. The liquid form of this product contains all the essential nutrients required for human nutrition in a ready-to-use form.
Application Insights:
The global market is segmented by application into feed, pharmaceutical, food and others. The feed industry dominated the overall market in terms of revenue in 2017. Methionine is widely used as a source of sulfur (S-containing amino acid) for the livestock industry due to its ability to promote weight gain and improve animal health. It also helps reduce risks associated with acidosis caused by excess intake of S-rich proteins in animals.
Liquid methionine has been gaining popularity as an effective way to treat gastrointestinal disorders such as irritable bowel syndrome (IBS), chronic constipation, gas pain & bloating among other symptoms caused due to lack of sufficient dietary fiber intake or improper digestion system functioning properly.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population along with being one of the most urbanized regions in terms of income. It also has a large livestock population, which makes it an important consumer as well as producer of animal feed methionine. China and India are among the largest producers and consumers globally owing to their large livestock populations, high per capita incomes, growing demand for meat protein supplements, and increasing awareness about nutritional enrichment products.
North America accounted for more than 20% revenue share in 2017 on account rising consumption from countries such as U.S.
Growth Factors:
- Increasing demand for meat and poultry products due to changing dietary habits of consumers in emerging countries.
- Rising awareness about the health benefits of methionine among consumers.
- Growing use of methionine as a feed additive in livestock farming industry to improve the quality of meat and eggs produced by animals.
- Increasing demand for bio-based methionine from various end-use industries such as food & beverage, nutraceuticals, and personal care products etcetera
Scope Of The Report
Report Attributes
Report Details
Report Title
Methionine Market Research Report
By Type
Solid Methionine, Liquid Methionine
By Application
Feed, Pharmaceutical, Food, Others
By Companies
Evonik, Adisseo (Bluestar), 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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Methionine Market Report Segments:
The global Methionine market is segmented on the basis of:
Types
Solid Methionine, Liquid 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, Pharmaceutical, Food, Others
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 (Bluestar)
- NOVUS
- Sumitomo Chemical
- CJ Cheiljedang Corp
- Chongqing Unisplendour Chemical
- Sichuan Hebang
Highlights of The 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 Methionine
- Liquid Methionine
- By Application:
- Feed
- Pharmaceutical
- Food
- Others
- 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 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?
Methionine is an essential amino acid that helps the body make proteins. It is found in meat, poultry, fish and eggs.
Some of the major players in the methionine market are Evonik, Adisseo (Bluestar), NOVUS, Sumitomo Chemical, CJ Cheiljedang Corp, Chongqing Unisplendour Chemical, Sichuan Hebang.
The methionine market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. Methionine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Methionine Market - Supply Chain
4.5. Global Methionine Market Forecast
4.5.1. Methionine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Methionine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Methionine Market Absolute $ Opportunity
5. Global 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. Methionine Market Size and Volume Forecast by Type
5.3.1. Solid Methionine
5.3.2. Liquid Methionine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global 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. Methionine Market Size and Volume Forecast by Application
6.3.1. Feed
6.3.2. Pharmaceutical
6.3.3. Food
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global 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. 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 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. 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 Methionine Demand Share Forecast, 2019-2026
9. North America 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 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 Methionine Market Size and Volume Forecast by Application
9.4.1. Feed
9.4.2. Pharmaceutical
9.4.3. Food
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Methionine Market Size and Volume Forecast by Type
9.7.1. Solid Methionine
9.7.2. Liquid 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 Methionine Demand Share Forecast, 2019-2026
10. Latin America 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 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 Methionine Market Size and Volume Forecast by Application
10.4.1. Feed
10.4.2. Pharmaceutical
10.4.3. Food
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Methionine Market Size and Volume Forecast by Type
10.7.1. Solid Methionine
10.7.2. Liquid 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 Methionine Demand Share Forecast, 2019-2026
11. Europe 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 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 Methionine Market Size and Volume Forecast by Application
11.4.1. Feed
11.4.2. Pharmaceutical
11.4.3. Food
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Methionine Market Size and Volume Forecast by Type
11.7.1. Solid Methionine
11.7.2. Liquid 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 Analysis
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 Methionine Demand Share, 2019-2026
12. Asia Pacific 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 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 Methionine Market Size and Volume Forecast by Application
12.4.1. Feed
12.4.2. Pharmaceutical
12.4.3. Food
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Methionine Market Size and Volume Forecast by Type
12.7.1. Solid Methionine
12.7.2. Liquid 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 Methionine Demand Share, 2019-2026
13. Middle East & Africa 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 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 Methionine Market Size and Volume Forecast by Application
13.4.1. Feed
13.4.2. Pharmaceutical
13.4.3. Food
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Methionine Market Size and Volume Forecast by Type
13.7.1. Solid Methionine
13.7.2. Liquid 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 Methionine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Methionine Market: Market Share Analysis
14.2. Methionine Distributors and Customers
14.3. 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 (Bluestar)
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