Methionine is one of the nine essential amino acids important for growth and tissue repair in humans and avian species. The global methionine market is segmented based on the type as DL-methionine, methionine hydroxy analogue (MHA), L-methionine. Among these, DL-methionine is the largest segment due to its wide range of applications in food & beverage, pharmaceuticals, personal care, agriculture, and others.
Global Key Players and Competition Analysis
Some of the manufacturers operating in the methionine market are Sumitomo Chemical Co., Ltd (Japan), Evonik Industries AG (Germany), Bluestar Adisseo Co., Ltd. (China), Novus International (U.S.), Tokyo Chemical Industry Co., Ltd. (Japan), Sunrise Nutrachem Group (China), Prinova Group LLC (U.S.), AJINOMOTO CO., INC (Japan), Amino GmbH (Germany), Chongqing Unisplendour Chemical Co. Ltd. (China), Sichuan Hebang Group Industry Co., Ltd (China), Iris Biotech GmbH (Germany), Phibro Animal Health Corporation (U.S.), CJ Cheiljedang Center (South Korea), and Kingchem Life Science LLC (U.S.).
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Segmentation Analysis
The global methionine market is segmented based on the type, end-use industry, and region. Based on the type, the global methionine market is segmented into DL-methionine, methionine hydroxy analog (MHA), and L-methionine. The global Methionine Market is segmented by its end-use industry as animal feed, food & beverage, pharmaceuticals, and others. The global methionine market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Regional Analysis
The Global Methionine Market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America and Europe are expected to witness a significant growth due to increasing demand for food & beverage and pharmaceuticals in this region. The emerging opportunities for amino acid as a supplement in meat production is likely to fuel the market growth in the Middle East & Africa region. For instance, Evonik, a chemical company in 2018 said that it is looking to promote its methionine product, MetAMINO in the Middle East and North Africa.
Market Scope
The increasing concerns about food safety and animal health and nutrition is driving the market growth. The use of methionine in the food & beverage industry has augmented the market growth due to its ability to combine with other chemicals in the body to remove toxins.
Browse the market data and information spread across 100 pages with 33 data tables and 12 figures of the report “Methionine Market Research Report Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/methionine-market-5799
Industry News:
April 3, 2018 Market Research Future Published a Half-Cooked Research Report on Global Methionine Market Research Report.
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