APAC Feed Amino Acids Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 2.43 Billion |
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Market Size (2029) | USD 3.11 Billion |
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Largest Share by Sub Additive | Lysine |
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CAGR (2024 - 2029) | 5.07 % |
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Largest Share by Country | China |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
APAC Feed Amino Acids Market Analysis
The Asia-Pacific Feed Amino Acids Market size is estimated at 2.43 billion USD in 2024, and is expected to reach 3.11 billion USD by 2029, growing at a CAGR of 5.07% during the forecast period (2024-2029).
2.43 Billion
Market Size in 2024 (USD)
3.11 Billion
Market Size in 2029 (USD)
8.05 %
CAGR (2017-2023)
5.07 %
CAGR (2024-2029)
Largest Market by Sub-Additive
32.95 %
value share, Lysine, 2023
Lysine demand is highest in the region due to its importance in the growth of animals, being a major amino acid in ideal protein feed, and an increase in feed production.
Largest Market by Country
32.80 %
value share, China, 2023
China is the largest market because of the increase in the livestock population and the rapid expansion of meat, pork, and egg production.
Fastest-growing Market by Sub-Additive
5.36 %
Projected CAGR, Methionine, 2024-2029
Methionine is the fastest-growing segment due to its increased efficiency characteristics, such as regulating metabolic processes, the innate immune system, and improved gut health.
Fastest-growing Market by Country
6.10 %
Projected CAGR, Thailand, 2024-2029
Thailand is the fastest-growing market due to rising meat and other end-product consumption and growth in the livestock population.
Leading Market Player
11.31 %
market share, Evonik Industries AG, 2022
Evonik Industries AG is the market leader as it focuses on partnerships with regional players for market penetration and has one of the largest production plants in Singapore.
- Asia-Pacific holds a significant share of the global feed additives market, with amino acids accounting for 21.4% of the total market value in 2022. Lysine and methionine are the most important amino acids required for animal growth and maintenance. In 2022, these two amino acids together accounted for 65.5% of the feed amino acids market in terms of value in the region.
- Poultry is the largest animal type in the Asia-Pacific feed amino acid market, accounting for 46.8% of the total market value in 2022, mainly attributed to the 6.6% increase in poultry headcount between 2017 and 2022. The market is projected to record a CAGR of 5.8% during the forecast period.
- China is the largest country in Asia-Pacific with respect to the feed amino acids market, holding a market share of 32.7%, by value, in 2022. This high share was associated with the country's higher feed production, which reached 243.2 million metric tons in 2022, marking a 20.1% increase from 2017 to 2022.
- Methionine is the fastest-growing segment in the Asia-Pacific feed amino acids market, and it is expected to record an annual growth rate of 5.3% during the forecast period. Its importance in protein synthesis and animal growth is the primary reason for the high growth rate. In 2022, the market value of methionine was USD 716.6 million due to its efficiency characteristics, such as regulating metabolic processes, improving gut health, and easy digestion in animals.
- Overall, the importance of amino acids in animal nutrition and the growing animal feed production in the region are the factors expected to drive the growth of the Asia-Pacific feed amino acids market, with a CAGR of 5.0% during the forecast period.
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- Asia-Pacific is one of the most important regions with respect to the feed amino acids market. China, India, and Japan are the major countries that dominate the market. In 2022, these countries accounted for almost half of the total market value of feed amino acids in the region. China is the region's largest consumer of feed amino acids, valued at USD 722.8 million in 2022, which is expected to reach USD 1,034.5 million in 2029, registering a CAGR of 5.3%. The high usage of feed amino acids in China is mainly due to the presence of a large livestock population. In 2022, China accounted for 78% of the total swine population in the region.
- Australia's total feed production increased from 7.5 million metric tons to 8.0 million metric tons between 2017 and 2022. Poultry feed was the most widely produced feed, accounting for 3.2 million metric tons in 2022, which was a 35.4% increase from 2017. The increase in feed production is expected to lead to a rise in the demand for feed amino acids in the country during the forecast period.
- Thailand and Indonesia are the fastest-growing countries with respect to the feed amino acids market in the Asia-Pacific region. Both countries are expected to witness a CAGR of 6.1% during the forecast period due to the increased livestock population. The poultry population in Thailand and Indonesia increased by 7.4% and 7.7%, respectively, between 2017 and 2022.
- The total feed production in the Asia-Pacific region increased by 30.3% from 2017 to 2022. With the rise in feed production and the increase in the animal population, the market for feed amino acids in the region is expected to register a CAGR of 5.0% during the forecast period.
Asia-Pacific Feed Amino Acids Market Trends
The growing disposable income in developing countries of Asia-Pacific and government support schemes for poultry industry, and China is largest producer of eggs are helping in growth of poultry population in the region
- The Asia-Pacific region dominates the global agricultural sector, with poultry being the largest segment, accounting for 42.4% of global poultry production in 2022. This increase in poultry consumption was driven by a rise in popularity, rapid urbanization, and growing disposable incomes in developing countries such as India and Vietnam, which recorded a 37.3% increase in poultry population in 2021 from 2017.
- In 2021, China, Indonesia, and India held a significant share of the poultry market in the region, with a market share of 39.7%, 25.3%, and 5.7%, respectively. This growth in demand for poultry products can be attributed to the increase in demand for eggs and meat and government schemes that support the poultry industry. For instance, the Department of Animal Husbandry & Dairy in India is introducing capital fund schemes to support poultry businesses and educate farmers on improving their yield quality, thus boosting the market's growth.
- China is the largest producer of eggs in the world, with consumption and production accounting for over 40% of global production. With over 900 million stock-laying hens and the country's largest layer poultry farming center hatching 60 million chicks annually, the country's layer farming has recorded significant growth.
- Broiler production in the region is also rapidly growing due to the increased consumer demand for chicken meat. For instance, the Philippines recorded a 2.2% increase in chicken meat production in 2021 from 2017. The region's poultry production is expected to increase further, driven by a shift in consumer preferences toward poultry meat and the rapid development of the poultry industry. This growth in poultry production is expected to lead to an increase in demand for feed additives.
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Improvement in fish farming technologies, expansion in number of feed mills and Indian government initiatives are helping in increasing the aquaculture feed production
- Asia-Pacific is a major player in the global aquaculture feed production market, with fish and shrimp being the primary products. In 2021, the region produced 37.6 million metric tons of aquaculture feed, which accounted for 8.7% of the region's total feed production. Several countries in the region are focusing on expanding their aquaculture production and intensification through technological advancements and increased feed use to meet the growing demand.
- For instance, India increased its budget allocation to the Department of Fisheries to boost fish production. Fish has a significant share of aquaculture feed, accounting for 31.1 million metric tons in 2022, an increase from 66% compared to 2017. This growth was due to the conversion of agricultural land to aquaculture ponds, the improvement of fish farming technologies, and the intensification of production.
- Shrimp feed production accounted for 4.2% of the aquafeed production in the region in 2022, and it is expected to increase rapidly during the forecast period as some countries in the region have started implementing a self-sufficient aquaculture system through several government initiatives to increase the production of certified sustainable seafood.
- China dominates the Asia-Pacific aquafeed market, accounting for 51.2% of the market share in 2022 due to an increase in the number of feed mills with higher capacities. For instance, AB Agri opened its ninth feed mill in China, a plant with an annual capacity of 240,000 metric tons. Factors such as an increase in aquaculture production, expansion of aqua farming, and rise in feed consumption are expected to drive the growth of aquafeed production in the region during the forecast period.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- China has the largest sheep and goats in the region and Asia-Pacific region's ruminants population is growing owing to high profit margins in beef business and surge in demand for milk products
- The high demand for broiler feed, increase in Indonesia's poultry bird population and recovery from avian influenza are increasing the demand for poultry feed production
- Increase in large scale farms in China by 16,000, and introduction of new animal-rearing practices are increasing the swine feed production in the region
- Asia-Pacific is the leading producer of pork meat and changes in food consumption pattern of people with high consumption in South Korea and China are the factors driving the increase in the swine population
- High number of dairy cattle producers, demand for increasing milk yield and government schemes are increasing the demand for nutrient rich ruminant feed
APAC Feed Amino Acids Industry Overview
The Asia-Pacific Feed Amino Acids Market is fragmented, with the top five companies occupying 31.81%. The major players in this market are Adisseo, Ajinomoto Co., Inc., Archer Daniel Midland Co., Evonik Industries AG and SHV (Nutreco NV) (sorted alphabetically).
APAC Feed Amino Acids Market Leaders
Adisseo
Ajinomoto Co., Inc.
Archer Daniel Midland Co.
Evonik Industries AG
SHV (Nutreco NV)
Other important companies include Alltech, Inc., Kemin Industries, Lonza Group Ltd., Novus International, Inc., Prinova Group LLC.
*Disclaimer: Major Players sorted in alphabetical order.
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APAC Feed Amino Acids Market News
- January 2023: Novus International acquired the Biotech company Agrivida to develop new feed additives.
- October 2022: The partnership between Evonik and BASF allowed Evonik certain non-exclusive licensing rights to OpteinicsTM, a digital solution to improve comprehension and reduce the environmental impact of the animal protein and feed industries.
- September 2022: The new 180,000-ton liquid methionine plant of Adisseo in Nanjing, China, started production. The facility is one of the largest global liquid methionine production capacities that boosted the penetration of liquid methionine manufactured by the company in the global market.
Free with this Report
We provide a complimentary and exhaustive set of data points on regional and country-level metrics that present the fundamental structure of the industry. Presented in the form of 35+ free charts, the section covers difficult-to-find data of various regions on feed production through various animal categories such as Ruminants, Poultry, Swine, and Aquaculture.
APAC Feed Amino Acids Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 Animal Headcount
- 4.1.1 Poultry
- 4.1.2 Ruminants
- 4.1.3 Swine
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4.2 Feed Production
- 4.2.1 Aquaculture
- 4.2.2 Poultry
- 4.2.3 Ruminants
- 4.2.4 Swine
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4.3 Regulatory Framework
- 4.3.1 Australia
- 4.3.2 China
- 4.3.3 India
- 4.3.4 Indonesia
- 4.3.5 Japan
- 4.3.6 Philippines
- 4.3.7 South Korea
- 4.3.8 Thailand
- 4.3.9 Vietnam
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 Sub Additive
- 5.1.1 Lysine
- 5.1.2 Methionine
- 5.1.3 Threonine
- 5.1.4 Tryptophan
- 5.1.5 Other Amino Acids
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5.2 Animal
- 5.2.1 Aquaculture
- 5.2.1.1 By Sub Animal
- 5.2.1.1.1 Fish
- 5.2.1.1.2 Shrimp
- 5.2.1.1.3 Other Aquaculture Species
- 5.2.2 Poultry
- 5.2.2.1 By Sub Animal
- 5.2.2.1.1 Broiler
- 5.2.2.1.2 Layer
- 5.2.2.1.3 Other Poultry Birds
- 5.2.3 Ruminants
- 5.2.3.1 By Sub Animal
- 5.2.3.1.1 Beef Cattle
- 5.2.3.1.2 Dairy Cattle
- 5.2.3.1.3 Other Ruminants
- 5.2.4 Swine
- 5.2.5 Other Animals
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5.3 Country
- 5.3.1 Australia
- 5.3.2 China
- 5.3.3 India
- 5.3.4 Indonesia
- 5.3.5 Japan
- 5.3.6 Philippines
- 5.3.7 South Korea
- 5.3.8 Thailand
- 5.3.9 Vietnam
- 5.3.10 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 Adisseo
- 6.4.2 Ajinomoto Co., Inc.
- 6.4.3 Alltech, Inc.
- 6.4.4 Archer Daniel Midland Co.
- 6.4.5 Evonik Industries AG
- 6.4.6 Kemin Industries
- 6.4.7 Lonza Group Ltd.
- 6.4.8 Novus International, Inc.
- 6.4.9 Prinova Group LLC
- 6.4.10 SHV (Nutreco NV)
7. KEY STRATEGIC QUESTIONS FOR FEED ADDITIVE CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Global Market Size and DROs
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- POPULATION OF POULTRY, NUMBER, ASIA-PACIFIC, 2017-2022
- Figure 2:
- POPULATION OF RUMINANTS, NUMBER, ASIA-PACIFIC, 2017-2022
- Figure 3:
- POPULATION OF SWINE, NUMBER, ASIA-PACIFIC, 2017-2022
- Figure 4:
- PRODUCTION VOLUME OF AQUACULTURE FEED, METRIC TON, ASIA-PACIFIC, 2017-2022
- Figure 5:
- PRODUCTION VOLUME OF POULTRY FEED, METRIC TON, ASIA-PACIFIC, 2017-2022
- Figure 6:
- PRODUCTION VOLUME OF RUMINANTS FEED, METRIC TON, ASIA-PACIFIC, 2017-2022
- Figure 7:
- PRODUCTION VOLUME OF SWINE FEED, METRIC TON, ASIA-PACIFIC, 2017-2022
- Figure 8:
- VOLUME OF FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 9:
- VALUE OF FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 10:
- VOLUME OF FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 11:
- VALUE OF FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 12:
- VOLUME SHARE OF FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 13:
- VALUE SHARE OF FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 14:
- VOLUME OF LYSINE FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 15:
- VALUE OF LYSINE FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 16:
- VALUE SHARE OF LYSINE FEED AMINO ACIDS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 17:
- VOLUME OF METHIONINE FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 18:
- VALUE OF METHIONINE FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 19:
- VALUE SHARE OF METHIONINE FEED AMINO ACIDS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 20:
- VOLUME OF THREONINE FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 21:
- VALUE OF THREONINE FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 22:
- VALUE SHARE OF THREONINE FEED AMINO ACIDS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 23:
- VOLUME OF TRYPTOPHAN FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 24:
- VALUE OF TRYPTOPHAN FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 25:
- VALUE SHARE OF TRYPTOPHAN FEED AMINO ACIDS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 26:
- VOLUME OF OTHER AMINO ACIDS FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 27:
- VALUE OF OTHER AMINO ACIDS FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 28:
- VALUE SHARE OF OTHER AMINO ACIDS FEED AMINO ACIDS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 29:
- VOLUME OF FEED AMINO ACIDS BY ANIMAL TYPE, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 30:
- VALUE OF FEED AMINO ACIDS BY ANIMAL TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 31:
- VOLUME SHARE OF FEED AMINO ACIDS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 32:
- VALUE SHARE OF FEED AMINO ACIDS BY ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 33:
- VOLUME OF AQUACULTURE FEED AMINO ACIDS BY SUB ANIMAL TYPE, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 34:
- VALUE OF AQUACULTURE FEED AMINO ACIDS BY SUB ANIMAL TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 35:
- VOLUME SHARE OF AQUACULTURE FEED AMINO ACIDS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 36:
- VALUE SHARE OF AQUACULTURE FEED AMINO ACIDS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 37:
- VOLUME OF FISH FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 38:
- VALUE OF FISH FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 39:
- VALUE SHARE OF FISH FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 40:
- VOLUME OF SHRIMP FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 41:
- VALUE OF SHRIMP FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 42:
- VALUE SHARE OF SHRIMP FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 43:
- VOLUME OF OTHER AQUACULTURE SPECIES FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 44:
- VALUE OF OTHER AQUACULTURE SPECIES FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 45:
- VALUE SHARE OF OTHER AQUACULTURE SPECIES FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 46:
- VOLUME OF POULTRY FEED AMINO ACIDS BY SUB ANIMAL TYPE, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 47:
- VALUE OF POULTRY FEED AMINO ACIDS BY SUB ANIMAL TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 48:
- VOLUME SHARE OF POULTRY FEED AMINO ACIDS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 49:
- VALUE SHARE OF POULTRY FEED AMINO ACIDS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 50:
- VOLUME OF BROILER FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 51:
- VALUE OF BROILER FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 52:
- VALUE SHARE OF BROILER FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 53:
- VOLUME OF LAYER FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 54:
- VALUE OF LAYER FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 55:
- VALUE SHARE OF LAYER FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 56:
- VOLUME OF OTHER POULTRY BIRDS FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 57:
- VALUE OF OTHER POULTRY BIRDS FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 58:
- VALUE SHARE OF OTHER POULTRY BIRDS FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 59:
- VOLUME OF RUMINANTS FEED AMINO ACIDS BY SUB ANIMAL TYPE, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 60:
- VALUE OF RUMINANTS FEED AMINO ACIDS BY SUB ANIMAL TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 61:
- VOLUME SHARE OF RUMINANTS FEED AMINO ACIDS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 62:
- VALUE SHARE OF RUMINANTS FEED AMINO ACIDS BY SUB ANIMAL TYPE, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 63:
- VOLUME OF BEEF CATTLE FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 64:
- VALUE OF BEEF CATTLE FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 65:
- VALUE SHARE OF BEEF CATTLE FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 66:
- VOLUME OF DAIRY CATTLE FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 67:
- VALUE OF DAIRY CATTLE FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 68:
- VALUE SHARE OF DAIRY CATTLE FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 69:
- VOLUME OF OTHER RUMINANTS FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 70:
- VALUE OF OTHER RUMINANTS FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 71:
- VALUE SHARE OF OTHER RUMINANTS FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 72:
- VOLUME OF SWINE FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 73:
- VALUE OF SWINE FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 74:
- VALUE SHARE OF SWINE FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 75:
- VOLUME OF OTHER ANIMALS FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 76:
- VALUE OF OTHER ANIMALS FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 77:
- VALUE SHARE OF OTHER ANIMALS FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 78:
- VOLUME OF FEED AMINO ACIDS BY COUNTRY, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 79:
- VALUE OF FEED AMINO ACIDS BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 80:
- VOLUME SHARE OF FEED AMINO ACIDS BY COUNTRY, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 81:
- VALUE SHARE OF FEED AMINO ACIDS BY COUNTRY, %, ASIA-PACIFIC, 2017,2023 AND 2029
- Figure 82:
- VOLUME OF AUSTRALIA FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 83:
- VALUE OF AUSTRALIA FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 84:
- VALUE SHARE OF AUSTRALIA FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 85:
- VOLUME OF CHINA FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 86:
- VALUE OF CHINA FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 87:
- VALUE SHARE OF CHINA FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 88:
- VOLUME OF INDIA FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 89:
- VALUE OF INDIA FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 90:
- VALUE SHARE OF INDIA FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 91:
- VOLUME OF INDONESIA FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 92:
- VALUE OF INDONESIA FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 93:
- VALUE SHARE OF INDONESIA FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 94:
- VOLUME OF JAPAN FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 95:
- VALUE OF JAPAN FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 96:
- VALUE SHARE OF JAPAN FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 97:
- VOLUME OF PHILIPPINES FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 98:
- VALUE OF PHILIPPINES FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 99:
- VALUE SHARE OF PHILIPPINES FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 100:
- VOLUME OF SOUTH KOREA FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 101:
- VALUE OF SOUTH KOREA FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 102:
- VALUE SHARE OF SOUTH KOREA FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 103:
- VOLUME OF THAILAND FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 104:
- VALUE OF THAILAND FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 105:
- VALUE SHARE OF THAILAND FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 106:
- VOLUME OF VIETNAM FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 107:
- VALUE OF VIETNAM FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 108:
- VALUE SHARE OF VIETNAM FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 109:
- VOLUME OF REST OF ASIA-PACIFIC FEED AMINO ACIDS, METRIC TON, ASIA-PACIFIC, 2017 - 2029
- Figure 110:
- VALUE OF REST OF ASIA-PACIFIC FEED AMINO ACIDS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 111:
- VALUE SHARE OF REST OF ASIA-PACIFIC FEED AMINO ACIDS BY SUB ADDITIVE CATEGORIES, %, ASIA-PACIFIC, 2022 AND 2029
- Figure 112:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, ASIA-PACIFIC, 2017 - 2023
- Figure 113:
- MOST ADOPTED STRATEGIES, COUNT, ASIA-PACIFIC, 2017 - 2023
- Figure 114:
- VALUE SHARE OF MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
Asia-Pacific Feed Amino Acids Industry Segmentation
Lysine, Methionine, Threonine, Tryptophan are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam are covered as segments by Country.
- Asia-Pacific holds a significant share of the global feed additives market, with amino acids accounting for 21.4% of the total market value in 2022. Lysine and methionine are the most important amino acids required for animal growth and maintenance. In 2022, these two amino acids together accounted for 65.5% of the feed amino acids market in terms of value in the region.
- Poultry is the largest animal type in the Asia-Pacific feed amino acid market, accounting for 46.8% of the total market value in 2022, mainly attributed to the 6.6% increase in poultry headcount between 2017 and 2022. The market is projected to record a CAGR of 5.8% during the forecast period.
- China is the largest country in Asia-Pacific with respect to the feed amino acids market, holding a market share of 32.7%, by value, in 2022. This high share was associated with the country's higher feed production, which reached 243.2 million metric tons in 2022, marking a 20.1% increase from 2017 to 2022.
- Methionine is the fastest-growing segment in the Asia-Pacific feed amino acids market, and it is expected to record an annual growth rate of 5.3% during the forecast period. Its importance in protein synthesis and animal growth is the primary reason for the high growth rate. In 2022, the market value of methionine was USD 716.6 million due to its efficiency characteristics, such as regulating metabolic processes, improving gut health, and easy digestion in animals.
- Overall, the importance of amino acids in animal nutrition and the growing animal feed production in the region are the factors expected to drive the growth of the Asia-Pacific feed amino acids market, with a CAGR of 5.0% during the forecast period.
| Sub Additive | Lysine | ||
| Methionine | |||
| Threonine | |||
| Tryptophan | |||
| Other Amino Acids | |||
| Animal | Aquaculture | By Sub Animal | Fish |
| Shrimp | |||
| Other Aquaculture Species | |||
| Animal | Poultry | By Sub Animal | Broiler |
| Layer | |||
| Other Poultry Birds | |||
| Animal | Ruminants | By Sub Animal | Beef Cattle |
| Dairy Cattle | |||
| Other Ruminants | |||
| Animal | Swine | ||
| Other Animals | |||
| Country | Australia | ||
| China | |||
| India | |||
| Indonesia | |||
| Japan | |||
| Philippines | |||
| South Korea | |||
| Thailand | |||
| Vietnam | |||
| Rest of Asia-Pacific |
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Market Definition
- FUNCTIONS - For the study, feed additives are considered to be commercially manufactured products that are used to enhance characteristics such as weight gain, feed conversion ratio, and feed intake when fed in appropriate proportions.
- RESELLERS - Companies engaged in reselling feed additives without value addition have been excluded from the market scope, to avoid double counting.
- END CONSUMERS - Compound feed manufacturers are considered to be end-consumers in the market studied. The scope excludes farmers buying feed additives to be used directly as supplements or premixes.
- INTERNAL COMPANY CONSUMPTION - Companies engaged in the production of compound feed as well as the manufacturing of feed additives are part of the study. However, while estimating the market sizes, the internal consumption of feed additives by such companies has been excluded.
| Keyword | Definition |
|---|---|
| Feed additives | Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health. |
| Probiotics | Probiotics are microorganisms introduced into the body for their beneficial qualities. (It maintains or restores beneficial bacteria to the gut). |
| Antibiotics | Antibiotic is a drug that is specifically used to inhibit the growth of bacteria. |
| Prebiotics | A non-digestible food ingredient that promotes the growth of beneficial microorganisms in the intestines. |
| Antioxidants | Antioxidants are compounds that inhibit oxidation, a chemical reaction that produces free radicals. |
| Phytogenics | Phytogenics are a group of natural and non-antibiotic growth promoters derived from herbs, spices, essential oils, and oleoresins. |
| Vitamins | Vitamins are organic compounds, which are required for normal growth and maintenance of the body. |
| Metabolism | A chemical process that occurs within a living organism in order to maintain life. |
| Amino acids | Amino acids are the building blocks of proteins and play an important role in metabolic pathways. |
| Enzymes | Enzyme is a substance that acts as a catalyst to bring about a specific biochemical reaction. |
| Anti-microbial resistance | The ability of a microorganism to resist the effects of an antimicrobial agent. |
| Anti-microbial | Destroying or inhibiting the growth of microorganisms. |
| Osmotic balance | It is a process of maintaining salt and water balance across membranes within the body's fluids. |
| Bacteriocin | Bacteriocins are the toxins produced by bacteria to inhibit the growth of similar or closely related bacterial strains. |
| Biohydrogenation | It is a process that occurs in the rumen of an animal in which bacteria convert unsaturated fatty acids (USFA) to saturated fatty acids (SFA). |
| Oxidative rancidity | It is a reaction of fatty acids with oxygen, which generally causes unpleasant odors in animals. To prevent these, antioxidants were added. |
| Mycotoxicosis | Any condition or disease caused by fungal toxins, mainly due to contamination of animal feed with mycotoxins. |
| Mycotoxins | Mycotoxins are toxin compounds that are naturally produced by certain types of molds (fungi). |
| Feed Probiotics | Microbial feed supplements positively affect gastrointestinal microbial balance. |
| Probiotic yeast | Feed yeast (single-cell fungi) and other fungi used as probiotics. |
| Feed enzymes | They are used to supplement digestive enzymes in an animal’s stomach to break down food. Enzymes also ensure that meat and egg production is improved. |
| Mycotoxin detoxifiers | They are used to prevent fungal growth and to stop any harmful mold from being absorbed in the gut and blood. |
| Feed antibiotics | They are used both for the prevention and treatment of diseases but also for rapid growth and development. |
| Feed antioxidants | They are used to protect the deterioration of other feed nutrients in the feed such as fats, vitamins, pigments, and flavoring agents, thus providing nutrient security to the animals. |
| Feed phytogenics | Phytogenics are natural substances, added to livestock feed to promote growth, aid in digestion, and act as anti-microbial agents. |
| Feed vitamins | They are used to maintain the normal physiological function and normal growth and development of animals. |
| Feed flavors and sweetners | These flavors and sweeteners help to mask tastes and odors during changes in additives or medications and make them ideal for animal diets undergoing transition. |
| Feed acidifiers | Animal feed acidifiers are organic acids incorporated into the feed for nutritional or preservative purposes. Acidifiers enhance congestion and microbiological balance in the alimentary and digestive tracts of livestock. |
| Feed minerals | Feed minerals play an important role in the regular dietary requirements of animal feed. |
| Feed binders | Feed binders are the binding agents used in the manufacture of safe animal feed products. It enhances the taste of food and prolongs the storage period of the feed. |
| Key Terms | Abbreviation |
| LSDV | Lumpy Skin Disease Virus |
| ASF | African Swine Fever |
| GPA | Growth Promoter Antibiotics |
| NSP | Non-Starch Polysaccharides |
| PUFA | Polyunsaturated Fatty Acid |
| Afs | Aflatoxins |
| AGP | Antibiotic Growth Promoters |
| FAO | The Food And Agriculture Organization of the United Nations |
| USDA | The United States Department of Agriculture |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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