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(India.CityRegions.Com, August 18, 2017 ) The Global market for Methionine is valued at $4.57 billion in 2015 and is expected to reach $7.3 billion by 2022 at a Compound Annual Growth Rate (CAGR) of 6.9%. Rising feed additives demand for maintaining abundant metabolism rate in livestock is anticipated to boost methionine market growth over the forecast period. Topical animal disease outbreaks across different regions have provoked the need to include methionine in animal feed. The factors such as strict government norms are major factors for growing penetration of plant based methionine in the global market. Volatility in the raw material prices acts as a major restraint to the market growth.
For more information http://www.reportsweb.com/methionine-global-market-outlook-2015-2022
Plants segment is the largest raw material segment accounting for more than 80% of total market volume in 2015. Animal feed segment is the most dominant application segment and accounted for about 87% of total market in 2015. Asia Pacific was the leading regional market with a market share of about 35% in 2015. Changing lifestyle and population growth in countries such as India and China has augmented meat consumption in Asia Pacific which boosted the methionine market.
Some of the key players in the methionine market include Sumitom- Chemical Corporation Limited, Adisse- France S.A.S., AnaSpec Inc., Novus International Inc, BASF, Jinzhou Jirong Amin- Acid Co. Ltd, Ajinomoto Inc., Jingang Chemical Corporation Limited, Evoni Industries AG, Iris Biotech GmbH, China National Bluestar Co. Ltd., Kemin Europa, Sunrise Nutrachem Group, Royal DSM, Ajinomoto Inc., Tocris Bioscience Ltd., and Toky- Chemical Industry Co. Ltd.
Raw Materials of Methionine Covered: - Animal-based - Plantobased
Applications Covered: - Animal Feed - Cattle - Food & Dietary Supplements - Pharmaceuticals - Poultry - Others
End user industries Covered: - Agriculture - Animal feed - Cosmetics - Food & Beverages - Pharmaceutical - Others
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001153401/sample
Regions Covered: - North America - US - Canada - Mexico - Europe - Germany - France - Italy - UK - Spain - Rest of Europe - Asia Pacific - Japan - China - India - Australia - New Zealand - Rest of Asia - Rest of the World - Middle East - Brazil - Argentina - South Africa - Egypt
10 Company Profiling 10.1 Sumitomo Chemical Corporation Limited 10.2 Adisseo France S.A.S. 10.3 AnaSpec Inc. 10.4 Novus International, Inc 10.5 BASF 10.6 Jinzhou Jirong Amino Acid Co. Ltd 10.7 Ajinomoto Inc. 10.8 Jingang Chemical Corporation Limited 10.9 Evoni Industries AG 10.10 Iris Biotech GmbH 10.11 China National Bluestar Co. Ltd. 10.12 Kemin Europa 10.13 Sunrise Nutrachem Group 10.14 Royal DSM, Ajinomoto Inc. 10.15 Tocris Bioscience Ltd. 10.16 Tokyo Chemical Industry Co. Ltd.
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001153401/buying
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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