Europe Feed Amino Acids Market Size

Europe Feed Amino Acid Market Analysis

The Europe Feed Amino Acids Market size is estimated at 2.08 billion USD in 2024, and is expected to reach 2.59 billion USD by 2029, growing at a CAGR of 4.52% during the forecast period (2024-2029).

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2.08 Billion

Market Size in 2024 (USD)

2.59 Billion

Market Size in 2029 (USD)

2.42 %

CAGR (2017-2023)

4.52 %

CAGR (2024-2029)

Largest Market by Sub-Additive

32.98 %

value share, Lysine, 2023

Lysine is the largest segment due to its importance in increasing efficiency characteristics, such as improved gut health, bone formation, and easy digestion in animals.

Largest Market by Country

15.80 %

value share, Spain, 2023

Spain is the largest market as it observed an increased demand for pork meat and growth in swine population and feed production.

Fastest-growing Market by Sub-Additive

4.80 %

Projected CAGR, Methionine, 2024-2029

Methionine is the fastest-growing segment due to its characteristics, like the development of the digestive tract, growth performance, increasing muscle mass, and improving egg production.

Fastest-growing Market by Country

5.13 %

Projected CAGR, United Kingdom, 2024-2029

The United Kingdom is the fastest-growing market as the country experiences increased feed production and demand for animal products.

Leading Market Player

17.96 %

market share, Evonik Industries AG, 2022

Evonik Industries is the market leader due to its development of new products and strategic partnerships with global players, such as BASF SE and DSM, for increasing production.

Europe Feed Amino Acids Industry Segmentation Europe Feed Amino Acid Industry Segmentation

Lysine, Methionine, Threonine, Tryptophan are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. France, Germany, Italy, Netherlands, Russia, Spain, Turkey, United Kingdom are covered as segments by Country.

• Feed amino acids have become a vital component of the European feed additives market, with a market share of 24.9% in 2022, primarily due to their role in promoting animal growth and protein synthesis. Lysine and methionine have traditionally been the largest feed amino acid sub-additives in the region, owing to their ability to improve efficiency characteristics such as gut health and digestion in animals.
• However, methionine and tryptophan are expected to register the fastest growth among feed amino acids in the region, with CAGRs of 4.8% and 4.7%, respectively, during the forecast period. This growth can be attributed to the increasing demand for meat and meat products, coupled with a growing awareness of the usage of additives that promote animal growth as a crucial attribute in commercial farming.
• Spain was the largest market for feed amino acids in the region, accounting for 15.7% of the market share in terms of value. France, Germany, and Russia followed with market shares of 14.4%, 13.7%, and 11.3%, respectively, in terms of value in 2022. These countries have higher market shares due to the higher demand for meat and meat product consumption and production.
• Poultry birds are the largest animal type with respect to the feed amino acids market in 2022, accounting for a market share of 34.9% due to an increase in demand for poultry meat and eggs.
• In conclusion, the increasing demand for meat and meat products, combined with growing awareness of the benefits of additives that promote animal growth, is expected to drive the feed amino acids market in Europe at a CAGR of 4.5% during the forecast period.