Methionine Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2020 - 2025

Report Code: CMR 54038 Report Format: PDF + Excel (Delivery in 48 Hrs)

 Overview

Methionine Market is forecast to reach $6.34 billion by 2025, after growing at a CAGR of 5.9% during 2020-2025. The methionine market is driven by its increasing adoption in animal feed and food dietary supplements to provide the most effective methionine source. Moreover, increasing demand for animal based products with increasing use of methionine in nutraceutical will ensure healthy growth. The report covers Methionine Market size by raw materials and application, Methionine Market share by top 5 companies and also the market share by start-ups during the forecast period.

Report Coverage

The report: “Methionine Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Methionine Market.


Key Takeaways

  • North America and Western Europe dominates the methionine market owing to growth in pharmaceutical industry, increase in consumption of dietary supplements, and medical benefits ingredients it possess.
  • The growth of methionine can be attributed to the consumer’s preference for functional foods considering health and diet. 
Raw Material - Segment Analysis

Animal based methionine held the largest share in the methionine market in 2019. Methionine is a typical swine diet plays important roles in promoting swine health and muscle growth. In contrast to plant foods, animal foods are perceived to have higher protein-to-energy ratios and better protein and amino acid digestibility. The usage of methionine in nutraceutical ensures healthy growth of animal. The market for nutraceutical in animal feed has become increasingly attractive in the last few years, majorly driven by the antimicrobial growth promoters in agriculture.

Product Type – Segment Analysis

DL Methionine held the largest share in the methionine market in 2019. Methionine is an essential and dietary limiting amino acid for aquatic species. DL-Methionine is the most effective source of methionine available for aquaculture feed. It is highly concentrated nutrient and delivers particle size designed specifically for aqua feeds. DL-Methionine for in aqua feed offers ideal protein feed approach. It translates into improved quality, less waste and smoother production of feed. 

Form – Segment Analysis

Powdered ingredients have high stability and superior shelf life than liquid ingredients. Carotenoids, fibers and specialty carbohydrates, fish derived collagen and several plant extracts are available as powders that are used in the preparation of methionine products. The suitability of powdered ingredients for use in the production of various functional foods and dietary supplements is motivating the methionine formulators towards utilization of powdered ingredients. The rapid growth of dietary supplements for pets, companion and working animals is also driving the growth of powdered methionine market.

Application - Segment Analysis

Dietary supplements has been the primary market for methionine. Dietary supplements contain the essential nutrients which are lacking in the overall diet of human being. According to Nutrition Business Journal the supplement industry has reached $46 billion in annual sales in 2018. The supplement industry is poised to surpass $50 billion annually by 2020. According to CRN Consumer Survey on Dietary Supplements 2018, 75 percent of U.S adult take dietary supplements as opposed to just 65 percent in 2009. The data provided states that dietary supplements are main stays in modern day health and wellness regimes.

Geography - Segment Analysis

APAC dominated the methionine market with a share of more than 32%, followed by North America and Europe. The growth of methionine in APAC is attributed to increasing dietary supplements demand, increasing cardiovascular disease and obesity prevalence in the region. Further, investment in R&D to find innovative approaches, confirming health claims of methionine products and market research represent key strategies for the industry. Methionine has active ingredient property that claims to have medical benefits are a significant and fast growing part of the pharmaceutical industry in the developing countries.

 Drivers – Methionine Market

  • Ecofriendly means of extracting methionine

The manufacturers have developed an enzymatic process that potentially opens a novel route to production of numerous of amino acids and valuable building blocks for pharmaceutical chemistry in an environmental friendly manner.

Challenges – Methionine Market

  • The substitutes of methionine can hamper the market.

The Synthetic methionine use in animal feed has been restricted to some extent with other synthetic amino acids have been banned for the same purpose. It is challenging to provide sufficient methionine to maintain animal growth and productive performance up to current industry standards. Without synthetic amino acid, Methionine requirements can alternatively be obtained for organic poultry by increasing dietary crude protein through expeller-pressed soybean meal to the diets.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the methionine market. In 2019, the market of methionine has been consolidated by the top five players accounting for xx% of the share. Major players in the methionine Market are Evonik Industries AG, Sumitomo Chemical Co. Ltd., IRIS BIOTECH GmbH, Royal DSM, among others.

Acquisitions/Technology Launches

  • In November 2016, Evonik Industries AG acquired technology from METabolic EXplorer for the fermentative production of methionine o strengthen its biotechnology platform for amino acids.

1.Methionine Market - Overview
        1.1 Definitions and Scope
2.Methionine Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3.Methionine Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4.Methionine Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5.Methionine Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6.Methionine Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7.Methionine Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8.Methionine Market - By Raw Material(Market Size -$Million / $Billion)
        8.1 Plant Base
        8.2 Animal Base
9.Methionine Market - By Product Type(Market Size -$Million / $Billion)
        9.1 Market Size and Market Share Analysis
        9.2 Application Revenue and Trend by Product Type
        9.3 Product Segment Analysis
            9.3.1 DL-Methionine
            9.3.2 Methionine Hydroxy Analogue
            9.3.3 L-Methionine
10.Methionine Market - By Form(Market Size -$Million / $Billion)
        10.1 Market Size and Market Share Analysis
        10.2 Application Revenue and Trends by Form         
        10.3 Application Segment Analysis by Form
             10.3.1 Liquid
             10.3.2 Powder
11.Methionine - By Application(Market Size -$Million / $Billion)
        11.1 Market Size and Market Share Analysis
        11.2 Application Revenue and Trends by Application
        11.3 Application Segment Analysis by Type
            11.3.1 Animal Feed
                 11.3.1.1 Aquaculture
                 11.3.1.2 Poultry
                 11.3.1.3 Ruminants
                 11.3.1.4 Swine
                 11.3.1.5 Others
            11.3.2 Food & Dietary Supplements
                 11.3.2.1 Food Fortification
                 11.3.2.2 Infant Formula
                 11.3.2.3 Nutraceutical & Dietary Supplements
                 11.3.2.4 Others
            10.3.3 Pharmaceuticals
12.Methionine- By Geography (Market Size -$Million / $Billion)
        12.1 Methionine Market - North America Segment Research
        12.2 North America Market Research (Million / $Billion)
            12.2.1 Segment type Size and Market Size Analysis
            12.2.2 Revenue and Trends
            12.2.3 Application Revenue and Trends by type of Application
            12.2.4 Company Revenue and Product Analysis
            12.2.5 North America Product type and Application Market Size
                  12.2.5.1 U.S
                  12.2.5.2 Canada
                  12.2.5.3 Mexico
        12.3 Methionine- South America Segment Research
        12.4 South America Market Research (Market Size -$Million / $Billion)
            12.4.1 Segment type Size and Market Size Analysis
            12.4.2 Revenue and Trends
            12.4.3 Application Revenue and Trends by type of Application
            12.4.4 Company Revenue and Product Analysis
            12.4.5 South America Product type and Application Market Size
                  12.4.5.1 Brazil
                  12.4.5.2 Argentina
                  12.4.5.3 Colombia
                  12.4.5.4 Rest of South America
        12.5 Methionine- Europe Segment Research
        12.6 Europe Market Research (Market Size -$Million / $Billion)
            12.6.1 Segment type Size and Market Size Analysis
            12.6.2 Revenue and Trends
            12.6.3 Application Revenue and Trends by type of Application
            12.6.4 Company Revenue and Product Analysis
            12.6.5 Europe Segment Product type and Application Market Size
                  12.6.5.1 U.K
                  12.6.5.2 Germany
                  12.6.5.3 Italy
                  12.6.5.4 France
                  12.6.5.5 Rest of Europe
        12.7 Methionine - APAC Segment Research
        12.8 APAC Market Research (Market Size -$Million / $Billion)
            12.8.1 Segment type Size and Market Size Analysis
            12.8.2 Revenue and Trends
            12.8.3 Application Revenue and Trends by type of Application
            12.8.4 Company Revenue and Product Analysis
            12.8.5 APAC Segment - Product type and Application Market Size
                  12.8.5.1 China
                  12.8.5.3 Japan
                  12.8.5.4 South Korea
                  12.8.5.5 India
                  12.8.5.6 Rest of APAC
        12.9 Methionine - Middle East Segment and Africa Segment Research
        12.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            12.10.1 Segment type Size and Market Size Analysis
            12.10.2 Revenue and Trend Analysis
            12.10.3 Application Revenue and Trends by type of Application
            12.10.4 Company Revenue and Product Analysis
            12.10.5 Middle East Segment Product type and Application Market Size
                  12.10.5.1 Saudi Arabia
                  12.10.5.2 UAE
            12.10.6 Africa Segment Analysis
                  12.10.6.1 South Africa
                  12.10.6.2 Rest of Middle East & Africa
13.Methionine Market - Entropy
        13.1 New product launches
        13.2 M&A s, collaborations, JVs and partnerships
14.Methionine Market - Industry / Segment Competition landscape Premium
        14.1 Market Share Analysis
            14.1.1 Market Share by Country- Top companies
            14.1.2 Market Share by Region- Top 10 companies
            14.1.3 Market Share by type of Application - Top 10 companies
            14.1.4 Market Share by type of Product / Product category- Top 10 companies
            14.1.5 Market Share at global level - Top 10 companies
            14.1.6 Best Practises for companies
15.Methionine Market - Key Company List by Country Premium
16.Methionine Market Company Analysis
        16.1 Market Share, Company Revenue, Products, M&A, Developments
        16.2 AJINOMOTO
        16.3 Adisseo
        16.4 CJ CHEILJEDANG
        16.5 Chongqing Unisplendour Chemical
        16.6 Evonik
        16.7 Novus International
        16.9 Phibro
        16.10 Prinova Group LLC
        16.11 Sumitomo Chemicals
        16.12 Sunrise Nutrachem Group 16.8 Other Market Players
            16.12.1 Amino GmbH
            16.12.2 Beijing Fortunestar S Development
            16.12.3 Bewital Agri
            16.12.4 H.J. Baker & Bro
            16.12.5 Iris Biotech
            16.12.6 Jirong Pharmaceutical
            16.12.7 KG Group
            16.12.8 Kemin
            16.12.9 Kingchem
            16.12.10 Megamix
            16.12.11 Pacific Rainbow International
            16.12.12 Shaanxi Sciphar Natural Products
            16.12.13 Suanfarma
            16.12.14 Tokyo Chemical Industry
            16.12.15 Volzhsky Orgsynthese Jsc
17.Methionine Market - Appendix
        17.1 Abbreviations
        17.2 Sources
18.Methionine Market - Methodology
        18.1 Research Methodology
            18.1.1 Company Expert Interviews
            18.1.2 Industry Databases
            18.1.3 Associations
            18.1.4 Company News
            18.1.5 Company Annual Reports
            18.1.6 Application Trends
            18.1.7 New Products and Product database
            18.1.8 Company Transcripts
            18.1.9 R&D Trends
            18.1.10 Key Opinion Leaders Interviews
            18.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Methionine Market By Type Market 2019-2024 ($M)
1.1 DL-Methionine Market 2019-2024 ($M) - Global Industry Research
1.2 Methionine Hydroxy Analogue Market 2019-2024 ($M) - Global Industry Research
1.3 L-Methionine Market 2019-2024 ($M) - Global Industry Research
2.Global Methionine Market By Type Market 2019-2024 (Volume/Units)
2.1 DL-Methionine Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Methionine Hydroxy Analogue Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 L-Methionine Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Methionine Market By Type Market 2019-2024 ($M)
3.1 DL-Methionine Market 2019-2024 ($M) - Regional Industry Research
3.2 Methionine Hydroxy Analogue Market 2019-2024 ($M) - Regional Industry Research
3.3 L-Methionine Market 2019-2024 ($M) - Regional Industry Research
4.South America Methionine Market By Type Market 2019-2024 ($M)
4.1 DL-Methionine Market 2019-2024 ($M) - Regional Industry Research
4.2 Methionine Hydroxy Analogue Market 2019-2024 ($M) - Regional Industry Research
4.3 L-Methionine Market 2019-2024 ($M) - Regional Industry Research
5.Europe Methionine Market By Type Market 2019-2024 ($M)
5.1 DL-Methionine Market 2019-2024 ($M) - Regional Industry Research
5.2 Methionine Hydroxy Analogue Market 2019-2024 ($M) - Regional Industry Research
5.3 L-Methionine Market 2019-2024 ($M) - Regional Industry Research
6.APAC Methionine Market By Type Market 2019-2024 ($M)
6.1 DL-Methionine Market 2019-2024 ($M) - Regional Industry Research
6.2 Methionine Hydroxy Analogue Market 2019-2024 ($M) - Regional Industry Research
6.3 L-Methionine Market 2019-2024 ($M) - Regional Industry Research
7.MENA Methionine Market By Type Market 2019-2024 ($M)
7.1 DL-Methionine Market 2019-2024 ($M) - Regional Industry Research
7.2 Methionine Hydroxy Analogue Market 2019-2024 ($M) - Regional Industry Research
7.3 L-Methionine Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Methionine Market Revenue, 2019-2024 ($M)
2.Canada Methionine Market Revenue, 2019-2024 ($M)
3.Mexico Methionine Market Revenue, 2019-2024 ($M)
4.Brazil Methionine Market Revenue, 2019-2024 ($M)
5.Argentina Methionine Market Revenue, 2019-2024 ($M)
6.Peru Methionine Market Revenue, 2019-2024 ($M)
7.Colombia Methionine Market Revenue, 2019-2024 ($M)
8.Chile Methionine Market Revenue, 2019-2024 ($M)
9.Rest of South America Methionine Market Revenue, 2019-2024 ($M)
10.UK Methionine Market Revenue, 2019-2024 ($M)
11.Germany Methionine Market Revenue, 2019-2024 ($M)
12.France Methionine Market Revenue, 2019-2024 ($M)
13.Italy Methionine Market Revenue, 2019-2024 ($M)
14.Spain Methionine Market Revenue, 2019-2024 ($M)
15.Rest of Europe Methionine Market Revenue, 2019-2024 ($M)
16.China Methionine Market Revenue, 2019-2024 ($M)
17.India Methionine Market Revenue, 2019-2024 ($M)
18.Japan Methionine Market Revenue, 2019-2024 ($M)
19.South Korea Methionine Market Revenue, 2019-2024 ($M)
20.South Africa Methionine Market Revenue, 2019-2024 ($M)
21.North America Methionine By Application
22.South America Methionine By Application
23.Europe Methionine By Application
24.APAC Methionine By Application
25.MENA Methionine By Application
26.Evonik, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Adisseo, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Novus International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.CJ CHEILJEDANG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Sumitomo Chemicals, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.AJINOMOTO, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Phibro, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Prinova Group LLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Sunrise Nutrachem Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Chongqing Unisplendour Chemical, Sales /Revenue, 2015-2018 ($Mn/$Bn)