Press Resease

Methionine Market - Global Industry Analysis

Methionine Market by Type (L-Methionine, MHA, and, DL-Methionine) and by Application (Animal Feed, Food & Dietary Supplements, and Pharmaceuticals): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024

Published Date: 06-Dec-2018 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-3602 Status : Published

Global methionine market was valued at USD 3.35 billion in 2017 is expected to reach USD 4.90 billion by 2024, growing at a CAGR of 5.6% between 2018 and 2024. Methionine market is anticipated to grow at a fast pace in the upcoming years, owing to the global increase in meat consumption.

Description

The report covers forecast and analysis for the methionine market on a global, regional level. The study provides historical information of 2015, 2016, and 2017 with a forecast from 2018 to 2024 based on both volume (Kilotons) and revenue (USD Billion). The complete study covers the key drivers and restraints for the methionine market. It also provides the impact on the market within the forecast period. Furthermore, the study also includes the opportunities accessible within the methionine market on a global level.

To offer the users of this report, comprehensive information on the methionine market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the methionine market has also been enclosed within the study. The study includes a market attractiveness analysis, where all the segments are benchmarked based on their market size, rate, and general attractiveness.

Global Methionine Market

The study also includes the market share of the key participants operating in the methionine market globally. Besides, the report also covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and growth of key players within the market on a regional basis.

The study provides a crucial view of the methionine market by segmenting the market based on type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. By type, the methionine market is segmented into  L-methionine, MHA (Methionine Hydroxyl Analogue), and DL-methionine. By application, the methionine market includes animal feed, food and dietary supplements, and pharmaceuticals. Additionally, the regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. The key countries included in the report are the U.S., UK, Germany, France, China, Japan, India, and Brazil, among others.

The global methionine market includes several end-players, such as Evonik, Novus International, Arkema, Chongqing Unisplendour Chemical, Sumitomo Chemicals, CJ Cheiljedang, Sunrise Nutrachem Group, Prinova Group LLC, Phibro, and Adisseo among others.

This report segments the global methionine market as follows:

Global Methionine Market: Type Analysis

  • L-Methionine
  • MHA (Methionine Hydroxy Analogue)
  • DL-Methionine

Global Methionine Market: Application Analysis

  • Animal Feed
  • Food & Dietary Supplements
  • Pharmaceuticals

Global Methionine Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report description and scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Methionine Market, 2015 - 2024, (Kilotons) (USD Billion)
    • 2.2. Methionine: Market Snapshot
  •  
  • Chapter 3. Methionine Market: Industry Analysis
    • 3.1. Methionine: Market Dynamics
      • 3.1.1. Introduction
      • 3.1.2. Classification of functional fluids market
    • 3.2. Value Chain Analysis
      • 3.2.1. Methionine: Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Growing consumption of animal-based products
      • 3.3.2. Increasing demand for dietary supplements in the Asia Pacific
    • 3.4. Restraints
      • 3.4.1. Environmental concerns
      • 3.4.2. Shortage of raw material
    • 3.5. Opportunity
      • 3.5.1. Increasing demand for methionine in the developing economies
      • 3.5.2. Opportunities arising from the pharmaceutical industry
    • 3.6. Porter's Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market attractiveness analysis by type
      • 3.7.2. Market attractiveness analysis by application
      • 3.7.3. Market attractiveness analysis by region
  •  
  • Chapter 4. Global Methionine Market: Value Chain Analysis
    • 4.1. Methionine: Value Chain Analysis
    • 4.2. Methionine Raw Material Analysis
      • 4.2.1. List of Raw Materials
      • 4.2.2. Methionine Raw Material Manufacturers List
      • 4.2.3. Price Trends of Methionine Key Raw Materials
    • 4.3. List of Potential Buyers
    • 4.4. Marketing Channel
      • 4.4.1. Direct Marketing
      • 4.4.2. Indirect Marketing
      • 4.4.3. Marketing Channel Development Trend
  •  
  • Chapter 5. Global Methionine Market: Competitive Landscape
    • 5.1. Company Market Share Analysis
      • 5.1.1. Global Methionine Market: Company Market Share, 2017
    • 5.2. Strategic Development
      • 5.2.1. Acquisitions & Mergers
      • 5.2.2. New Product Launch
      • 5.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 5.2.4. Research and Development, Product, and Regional Expansion
    • 5.3. Product Portfolio
  •  
  • Chapter 6. Global Methionine Market: Type Overview
    • 6.1. Global Methionine Market Share, by Type, 2017 and 2024
    • 6.2. L-Methionine
      • 6.2.1. Overview
      • 6.2.2. Global Methionine Market by L-Methionine, 2015 - 2024 (Kilotons)(USD Billion)
    • 6.3. MHA (Methionine Hydroxy Analogue)
      • 6.3.1. Overview
      • 6.3.2. Global Methionine Market by MHA (Methionine Hydroxy Analogue), 2015 - 2024 (Kilotons)(USD Billion)
    • 6.4. DL-Methionine
      • 6.4.1. Overview
      • 6.4.2. Global Methionine Market by DL-Methionine, 2015 - 2024 (Kilotons) (USD Billion)
  •  
  • Chapter 7. Global Methionine Market: Application Overview
    • 7.1. Global Methionine Market Share, by Application, 2017 and 2024
    • 7.2. Animal Feed
      • 7.2.1. Overview
      • 7.2.2. Global Methionine Market for Animal Feed, 2015 - 2024 (Kilotons) (USD Billion)
    • 7.3. Food & Dietary Supplements
      • 7.3.1. Overview
      • 7.3.2. Global Methionine Market for Food & Dietary Supplements, 2015 - 2024 (Kilotons)(USD Billion)
    • 7.4. Pharmaceuticals
      • 7.4.1. Overview
      • 7.4.2. Global Methionine Market for Pharmaceuticals, 2015 - 2024 (Kilotons)(USD Billion)
  •  
  • Chapter 8. Global Methionine Market: Regional Analysis
    • 8.1. Global Methionine Market: Regional overview
      • 8.1.1. Global Methionine Market Share, by Region, 2014 and 2022
    • 8.2. North America
      • 8.2.1. Overview
      • 8.2.2. North America Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
      • 8.2.3. North America Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
      • 8.2.4. North America Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
      • 8.2.5. North America Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.2.6. The U.S.
        • 8.2.6.1. The U.S. Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.2.6.2. The U.S. Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.2.6.3. The U.S. Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.2.6.4. The U.S. Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.2.7. Rest of North America
        • 8.2.7.1. Rest of North America Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.2.7.2. Rest of North America Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.2.7.3. Rest of North America Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.2.7.4. Rest of North America Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Overview
      • 8.3.2. Europe Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
      • 8.3.3. Europe Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
      • 8.3.4. Europe Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
      • 8.3.5. Europe Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.3.6. UK
        • 8.3.6.1. UK Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.3.6.2. UK Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.3.6.3. UK Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.3.6.4. UK Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.3.7. France
        • 8.3.7.1. France Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.3.7.2. France Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.3.7.3. France Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.3.7.4. France Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.3.8. Germany
        • 8.3.8.1. Germany Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.3.8.2. Germany Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.3.8.3. Germany Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.3.8.4. Germany Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.3.9. Rest of Europe
        • 8.3.9.1. Rest of Europe Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.3.9.2. Rest of Europe Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.3.9.3. Rest of Europe Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.3.9.4. Rest of Europe Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Overview
      • 8.4.2. Asia Pacific Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
      • 8.4.3. Asia Pacific Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
      • 8.4.4. Asia Pacific Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
      • 8.4.5. Asia Pacific Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.4.6. China
        • 8.4.6.1. China Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.4.6.2. China Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.4.6.3. China Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.4.6.4. China Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.4.7. Japan
        • 8.4.7.1. Japan Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.4.7.2. Japan Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.4.7.3. Japan Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.4.7.4. Japan Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.4.8. India
        • 8.4.8.1. India Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.4.8.2. India Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.4.8.3. India Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.4.8.4. India Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.4.9. Rest of Asia Pacific
        • 8.4.9.1. Rest of Asia Pacific Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.4.9.2. Rest of Asia Pacific Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.4.9.3. Rest of Asia Pacific Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.4.9.4. Rest of Asia Pacific Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
      • 8.5.2. Latin America Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
      • 8.5.3. Latin America Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
      • 8.5.4. Latin America Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.5.5.2. Brazil Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.5.5.3. Brazil Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.5.5.4. Brazil Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
      • 8.5.6. Rest of Latin America
        • 8.5.6.1. Rest of Latin America Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 8.5.6.2. Rest of Latin America Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
        • 8.5.6.3. Rest of Latin America Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 8.5.6.4. Rest of Latin America Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Methionine Market Volume, by Type, 2015 - 2024 (Kilotons)
      • 8.6.2. The Middle East and Africa Methionine Market Revenue, by Type, 2015 - 2024 (USD Billion)
      • 8.6.3. The Middle East and Africa Methionine Market Volume, by Application, 2015 - 2024 (Kilotons)
      • 8.6.4. The Middle East and Africa Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)
  •  
  • Chapter 9. Company Profiles
    • 9.1. Evonik
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Novus International
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Chongqing Unisplendour Chemical
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Arkema
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. Sumitomo Chemicals
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Developments
    • 9.6. CJ CheilJedang
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Developments
    • 9.7. Sunrise Nutrachem Group
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Developments
    • 9.8. Prinova Group LLC
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Developments
    • 9.9. Phibro
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Developments
    • 9.10. Adisseo
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Developments

List of Figures

1. Global Methionine Market  Segmentation by Type, Application, and Region
2. Global Methionine Market, 2015 - 2024  (Kilotons)(USD Billion)
3. Value Chain Analysis: Methionine Market 
4. Porter’s Five Forces Analysis: Methionine Market 
5. Market Attractiveness Analysis by Type
6. Market Attractiveness Analysis by Application
7. Market Attractiveness Analysis by Region 
8. Global Methionine Market: Company Market Share, 2015
9. Global Methionine Market Share, by Type, 2015 -2024
10. Global Methionine Market Share, by L-Methionine, 2015 - 2024  (Kilotons)(USD Billion)
11. Global Methionine Market Share, by MHA,2015 - 2024  (Kilotons)(USD Billion)
12. Global Methionine Market Share, by DL-Methionine,2015 - 2024  (Kilotons)(USD Billion)
13. Global Methionine Market  Share, by Application, 2017 -2024
14. Global Methionine Market for Animal Feed, 2015 - 2024  (Kilotons)(USD Billion)
15. Global Methionine Market for Food & Dietary Supplements, 2015 - 2024  (Kilotons)(USD Billion)
16. Global Methionine Market for Pharmaceuticals, 2015 - 2024  (Kilotons)(USD Billion)
17. Global Methionine Market Share, by Region, 2015 - 2024
18. North America Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
19. The U.S. Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
20. Rest of North America Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
21. Europe Methionine Market,2015 - 2024, (USD Billion) (Kilotons)
22. UK Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
23. France Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
24. Germany Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
25. Rest of Europe Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
26. Asia Pacific Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
27. China Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
28. Japan Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
29. India Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
30. Rest of Asia Pacific Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
31. Latin America Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
32. Brazil Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
33. Rest of Latin America Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)
34. The Middle East and Africa Methionine Market, 2015 - 2024, (USD Billion) (Kilotons)


List of Tables

1. Global Methionine Market  Snapshot
2. Drivers for Methionine Market:  Impact Analysis
3. Restraints of Methionine Market:  Impact Analysis
4. North America Methionine Market Volume, by Type, 2015 - 2024  (Kilotons)
5. North America Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
6. North America Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
7. North America Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
8. The U.S. Methionine Market Volume, by Type, 2015 - 2024  (Kilotons) 
9. The U.S. Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
10. The U.S. Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
11. The U.S. Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
12. Rest of North America Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
13. Rest of North America Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
14. Rest of North America Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
15. Rest of North America Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
16. Europe Methionine Market Volume, by Type, 2015 - 2024  (Kilotons) 
17. Europe Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
18. Europe Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
19. Europe Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
20. UK Methionine Market  Volume, by Type, 2015 - 2024  (Kilotons) 
21. UK Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
22. UK Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
23. UK Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
24. France Methionine Market Volume, by Type, 2015 - 2024  (Kilotons) 
25. France Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
26. Europe Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
27. Europe Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
28. Germany Methionine Market  Volume, by Type, 2015 - 2024  (Kilotons) 
29. Germany Methionine Market  Revenue, by Type, 2015 - 2024  (USD Billion)
30. Germany Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
31. Germany Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
32. Rest of Europe Methionine Market Volume, by Type, 2015 - 2024  (Kilotons) 
33. Rest of Europe Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
34. Rest of Europe Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
35. Rest of Europe Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
36. Asia Pacific Methionine Market Volume, by Type, 2015 - 2024  (Kilotons) 
37. Asia Pacific Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
38. Asia Pacific Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
39. Asia Pacific Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
40. China Methionine Market Volume, by Type, 2015 - 2024  (Kilotons)
41. China Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
42. China Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
43. China Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
44. Japan Methionine Market Volume, by Type, 2015 - 2024  (Kilotons)
45. Japan Methionine Market Revenue, by Type, 2015 - 2024  ((USD Billion)
46. Japan Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
47. Japan Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
48. India Methionine Market Volume, by Type, 2015 - 2024  (Kilotons) 
49. India Methionine Market Revenue, by Type, 2015 - 2024   (USD Billion)
50. India Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
51. India Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
52. Rest of Asia Pacific Methionine Market Volume, by Type, 2015 - 2024  (Kilotons) 
53. Rest of Asia Pacific Methionine  Market  Revenue, by Type, 2015 - 2024  (USD Billion)
54. Rest of Asia Pacific Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
55. Rest of Asia Pacific Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
56. Latin America Methionine Market Volume, by Type, 2015 - 2024  (Kilotons) 
57. Latin America Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
58. Latin America Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
59. Latin America Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
60. Brazil Methionine Market Revenue, by Type, 2015 - 2024  (Kilotons) 
61. Brazil Methionine Market Revenue, by Type, 2015 - 2024   (USD Billion)
62. Brazil Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
63. Brazil Methionine Market Revenue, by Application, 2015 - 2024  (USD Billion)
64. Rest of Latin America Methionine Market Volume, by Type, 2015 - 2024  (Kilotons)
65. Rest of Latin America Methionine Market  Revenue, by Type, 2015 - 2024  (USD Billion)
66. Rest of Latin America Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
67. Rest of Latin America Methionine Market Revenue, by Application,2015 - 2024  (USD Billion)
68. The Middle East and Africa Methionine Market Volume, by Type, 2015 - 2024  (Kilotons)
69. The Middle East and Africa Methionine Market Revenue, by Type, 2015 - 2024  (USD Billion)
70. The Middle East and Africa Methionine Market Volume, by Application, 2015 - 2024  (Kilotons) 
71. The Middle East and Africa Methionine Market Revenue, by Application, 2015 - 2024 (USD Billion)

Methodology

Free Analysis

Methionine is an amino acid that contains sulfur. It is used as a precursor in the production of other proteins and is one of the essential amino acids for normal growth and development in humans, avian species, and other mammals. There are three types of methionine: L-Methionine, MHA, and DL-Methionine. DL-Methionine is generally produced by chemical synthesis from acrolein, methyl mercaptan, and hydrogen cyanide. Additionally, the various grades of methionine are feed grade, pharmaceutical grade, etc.

Methionine market is anticipated to grow at a fast pace in the upcoming years, owing to the global increase in meat consumption. The rising population in developing countries, such as India, China, and Brazil, is expected to boost the usage of methionine in poultry products, which, in turn, will propel the methionine market expansion on a global level. Moreover, methionine has steadily replaced the fish powder, as it is more efficient than fish powder. In addition, growing application of methionine in the supplement for ruminants and piglets, especially in China, is further projected to fuel the methionine market growth in the next few years. However, the harmful effects of raw materials used in the methionine production might hamper the methionine market. Surging demand for bio-based materials due to their sustainability and environment-friendliness over synthetic materials is also estimated to fuel the demand for bio-methionine, thereby boosting the expansion of this market.

Global Methionine Market

Methionine market is segmented based on type and application. By type, the methionine market is fragmented into L-methionine, MHA, and DL-methionine. DL-methionine is dominating the market and estimated to sustain its dominance over the forecast time period, due to the growing application of DL-methionine in the pharmaceutical, food processing, and animal husbandry sectors. By application, this market includes animal feed, food and dietary supplements, and pharmaceuticals. Animal feed is the most dominating application due to the growing consumption of meat globally. Surging demand for meat is increasing the demand for production of poultry, which is encouraging the farmers to increase the usage of amino acid in the animal diets for improving farm productivity, which, in turn, is further expected to fuel this market.

The geographic analysis of the global methionine market includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific held a major share of the global methionine market in 2017. The growing economy and region’s rising population are likely to propel the application of methionine in the pharmaceutical and animal feed sectors. Additionally, the consumption rate of meat is increasing in China, India, and Vietnam, which is further expected to boost the use of methionine in the region over the estimated time period.

The global methionine market includes several end-players, such as Evonik, Novus International, Arkema, Chongqing Unisplendour Chemical, Sumitomo Chemicals, CJ Cheiljedang, Sunrise Nutrachem Group, Prinova Group LLC, Phibro, and Adisseo among others.

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