Methionine Market Definition
Methionine is a sulfur-containing amino acid that is essential for a number of methyl-transferase processes as a component of S-adenosyl-Methionine. It is also necessary for translation insulation as a component of proteins and as an activator of protein synthesis (SAM). It aids in the synthesis of the proteins that make up your body’s tissues and organs. Meat, dairy, and seafood all contain methionine. It is critical for a variety of bodily processes. It is one among the required amino acids for appropriate growth and development in humans, avian animals, and other mammals and is utilised as a precursor in the creation of other proteins.
L-Methionine, MHA, and DL-Methionine are the three different forms of methionine. Acrolein, methyl mercaptan, and hydrogen cyanide are commonly used as raw materials in the chemical production of DL-methionine. Methionine comes in a variety of grades, including feed grade, pharmaceutical grade, etc.
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Because raw materials have become scarce recently, methionine costs have increased significantly. Another difficulty that contributes to a shortage of raw materials for production is a short-term one like rising energy prices. Over the course of the projection period, industry participants should benefit from rising demand from the cosmetics sector.
Scope of the Report
The bodies of both humans and animals depend heavily on the important amino acid methionine. Along with sulfur-containing amino acids, it aids in the production of numerous proteins-containing compounds. The methionine market is divided into categories based on type, end-user industry, and region. The market is divided into two types: liquid and powder. The market is divided into food and beverage, pharmaceutical, animal feed, and other end-user sectors based on end-user industry. Additionally, the research provides market size and estimates for 15 nations in key geographical areas. Market sizing and forecasting have been done based on volume for all of the aforementioned segments (kilotons).
Global Methionine Market: Major Players
NOVUS
Adisseo (Bluestar)
CJ Cheiljedang Corp
Evonik
Sichuan Hebang
Sumitomo Chemical
Chongqing Unisplendour Chemical
Global Methionine Market: By Types
Solid Methionine
Liquid Methionine
Global Methionine Market: By Applications
Feed Additive
Pharmaceutical
Food Supplement
Global Methionine Market Overview
Growing food demand and different nutritional strategies to maintain livestock healthy and productive, which make up around 70% of overall operating expenditures, are factors that are anticipated to propel the expansion of the methionine market during the course of the projected period. In addition, expanding consumer choice and rising wealth may increase demand for protein-rich foods including meat, dairy products, and seafood, which is anticipated to propel the growth of the methionine market over the course of the next ten years.
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Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
