The global market for methionine is expected to achieve exceptional growth, reaching 12.6 billion USD by 2031.
The global methionine market is expected to experience significant expansion, with sales projected to surge to $12.6 billion by 2031. This remarkable growth reflects a robust compound annual growth rate (CAGR) of 9.3% during the forecast period from 2023 to 2031. In 2022, the market recorded sales of approximately $5.67 billion. Methionine is an essential amino acid primarily used in animal nutrition and the food industry, playing a crucial role in ensuring the health and productivity of livestock. The global methionine market is characterized by dynamic competition among major companies, technological advancements, and a strong commitment to sustainability and product quality. Each manufacturer is investing in research and development to introduce innovative and sustainable methionine products to the market. For application methods, please check the [PDF download] button or apply directly through the related links.
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Overview of Segmentation The global methionine market is classified based on raw materials, end-users, types, and regions. By Raw Materials Plant-based Animal-based By End-User Animal feed Poultry Food and dietary supplements Pharmaceuticals Others By Type L-methionine MHA DL-methionine Key Companies: Evonik Industries AG Adisseo France SAS Novus International Sumitomo Chemical Co. Ltd Bluestar Adisseo Co. Ltd Sunrise Nutrachem Group Co. Ltd Archer Daniels Midland Company Phibro Animal Health Corp Nippon Soda Co., Ltd CJ BIO Corporation Puyer (Nantong) BioPharma Co., Ltd Gulf Petrochem Group Nagarjuna Agrichem Ltd
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