Methionine Market 2018: Analysis, Size, Share, Growth and Trends by Forecast to 2023

15/mag/2018 10:24:32 Market Research Future Contatta l'autore

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Market Overview

Methionine is one of the nine essential amino acids for growth and tissue repair in humans and avian species. It is found in eggs, cheese, asparagus, Brazil nuts, meat, poultry, etc. It helps increase the copper level in the body and in the growth of new blood vessels.

The Global Methionine Market is segmented on the basis of the type as DL-methionine, methionine hydroxy analogue (MHA), L-methionine. Among these, DL-methionine is the largest segment due to its wide range of applications in food & beverage, pharmaceuticals, personal care, agriculture, and others. DL-methionine is an amino acid supplement used as a nutritional supplement and food additive. The increasing health concerns are expected to drive the market growth due to its use as a protector for liver cirrhosis, toxic hepatitis, and pneumonia. Furthermore, L-methionine is a powerful antioxidant and helps to fight free radicals in the body and slows down the aging process. The other factors driving the market are the benefits of L-methionine in reducing the risk of colorectal cancer, reduction of tremors in Parkinson’s patients, strengthening the bone structure, and aids weight loss. Moreover, the emerging use of methionine hydroxy analogue (MHA) in aquaculture is likely to propel the market growth during the assessment period.

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Competitive Analysis

Some of the manufacturers operating in the Methionine Market are Sumitomo Chemical Co., Ltd (Japan), Evonik Industries AG (Germany), Bluestar Adisseo Co., Ltd. (China), Novus International (U.S.), Tokyo Chemical Industry Co., Ltd. (Japan), Sunrise Nutrachem Group (China), Prinova Group LLC (U.S.), AJINOMOTO CO., INC (Japan), Amino GmbH (Germany), Chongqing Unisplendour Chemical Co. Ltd. (China), Sichuan Hebang Group Industry Co., Ltd (China), Iris Biotech GmbH (Germany), Phibro Animal Health Corporation (U.S.), CJ Cheiljedang Center (South Korea), and Kingchem Life Science LLC (U.S.) among others.

Market Segmentation

The Global Methionine Market is segmented on the basis of the Type, End-Use Industry and Region.

On the Basis of the Type , the Global Methionine Market is segmented into DL-methionine, methionine hydroxy analogue (MHA), and L-methionine.

On the basis of the End-User Industry , the Global Methionine Market is segmented into animal feeds, food & beverage, pharmaceuticals, and others.

Regional Analysis

The Global Methionine Market is segmented into five regions of Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The Asia Pacific is the fastest emerging region in the region.

Demand for food & beverage and pharmaceutical industries in the region.

Latin America and the Middle East & Africa are anticipated to witness substantial growth to meat production and exportation in the region.

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