What is Methionine Powder?
Methionine is found in meat, fish, and dairy products which helps in protein production. It has vital role in many cell functions. Methionine is used to stop liver damage which is caused by acetaminophen (Tylenol) poisoning. It is one of the essential amino acid which is needed to be consumed. It has critical role in metabolism and health of many species, including humans. It is also known as an antioxidant which help to body from ionizing radiation. Further it detoxify harmful substances such as heavy metal in the body. It is included in dietary supplements and nutraceuticals in addition with vitamin, other amino acids, fatty acids and dietary fibre. Hence, methionine powder has huge demand in food and beverages industry. It has two types such as Methionine D-methionine and L-methionine. Further, it is used as feed addictive which help for weight gain in livestock and to maintain their health and immunity. The deficiency of methionine in animals declined bone strength, fatty liver, and slow growth. Hence, animal holders demand for animal feed with healthy addictive on continue basis which is eventually driving the market. According to the global feed survey of Alltech, it has been a constant rise in global feed production, which grew from 954.4 million metric ton in 2012 to 1,103 million metric ton in 2018.
The market study is broken down by Type (D-Methionine and DL-Methionine), by Application (Animal Feed, Food and Beverage, Food & Dietary Supplements, Pharmaceutical and Other) and major geographies with country level break-up.
There are various companies are operating in the market to provides methionine powder to end use industries. Methionine powder consumption impacts on the health of animals like pigs in positive manner hence market is continue to rise and hence number of market players are entering to the market. The market leaders are investing on organic and non-organic strategic growth initiatives to become dominant in this industry.
Evonik Industries AG (Germany), Adisseo (China), Alltech (United States), Tokyo Chemical Industry Co., Ltd. (Japan), Ajinomoto Co., Inc. (Japan), AMINO GmbH (Germany), Novus International (United States) and Kyowa Hakko Bio Co. Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are METabolic EXplorer (France) and Roquette(France).
AdvanceMarketAnalytics has segmented the market of Global Methionine Powder market by Type, Application and Region.
On the basis of geography, the market of Methionine Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by By Source, the sub-segment i.e. Plant will boost the Methionine Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing demand for methionine powder as dietary supplements and for animal feed
- Raised awareness regarding animal health and necessity of healthy diet for improvement of their immune system
- Methionine is help for weight gain due to its efficiency in protein utilization. Hence, raised demand for meat across the globe eventually leads animal holder’s inclination towards methionine powder for animal feed
- Augmented demand for dietary supplements and nutraceuticals across the globe
- Increasing demand for products having health benefits produced by the methionine powder providing opportunity for the growth of the market.
- Growing demand for nutraceuticals is known as well-known opportunity for the market
- Fluctuation in raw material price, methionine production require propylene, sulphur as raw material and high price may restrain the market growth
- Side effects associated with excess consumption
Key Target AudienceVenture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Chemicals Manufacturers, Suppliers and Distributors, Government Regulatory, Research Organizations and chemical laboratories and End-Use Industries
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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