Amino acids are important dietary ingredients for all animal types. They are the building blocks for proteins and facilitate the growth of animals. There are a few essential amino acids, which cannot be manufactured by the animal. Thus, their intake is necessary from external sources, to prevent protein breakdown in the body which results in muscle loss or problems with muscle repairs.
Demand from Aquaculture Industry
Aquaculture is one of the fastest growing industries in the world. The demand for seafood is driving the meat industry as an increasing number of individuals are becoming aware of the health benefits of fish consumption. Fish are low in fats, cholesterol, and carbohydrates and are rich in Omega-3 fatty acids, which help protect the heart. Fish also provides the essential vitamins and amino acids.
There are about 57 million people across the world who rely on fishing for their livelihood, close to 80% in Asia-Pacific. The trade in fish had grown exponentially in recent decades from just USD 8 billion in 1976 to USD 151 billion in 2016. According to the UN, global consumption of fish has hit an average of 20 kg per person in 2010. FAO report states that the world per-capita fish consumption increased from an average 14.4 kg in the 1990s to 20.2 kg in 2015. The human fish consumption has grown at a CAGR of 14% during the forecast period (2007-2012).
Fish have the capacity to exhibit extremely high growth rates and very high feed conversion efficiency. Therefore high dietary levels of amino acids are required to exploit the high performance potential. In fish, amino acids are a major source of energy for all metabolic processes. Fish have amino acid requirements like any terrestrial species. Young fish have higher requirement for nutrient density compared with older fish, therefore amino acid levels need to be accordingly higher. Environmental constraints in terms of water pollution, in particular with nitrogen and phosphorus require feed formulation based on minimum protein supply and covering essential amino acid needs in the aquaculture industry.
Ban on Synthetic Amino Acids in Organic Feed
Lysine is a synthetic amino acid which is used as a raw material by the compound feed and premix manufacturers in the feed. Lysine is a limiting amino acid (one of the first limiting amino acid), which is intended to supplement any shortages of amino acids in feed for primarily poultry and pigs. The USDA defines organic meat as meat raised for human consumption without additives and minimally processed. The demand for organic meat is acting as a restraint for synthetic amino acids. Over the past 5 year, some organic certifying organizations such as organic prairie no longer allow the use of synthetic amino acids in the feed producing organic meat and animal by-products.
¥ September 2017: ADM launched a new product PROPLEX DY that is composed of saccharomyces yeast, a source of highly digestible amino acid that offers nutritional benefits to poultry, aquaculture, and swine diets.
¥ November 2016: Evonik bided to acquire, a technology package for fermentative production, Methionine from METabolic Explorer (METEX). This bid is expected to be valued at around EUR 45 million.
¥ June 2016: Evonik launched a new product ValAMINO that is composed of L-valine, an essential amino acid for animals. Supplementing poultry and swine feed with amino acids will make the feeds even more sustainable and efficient.
Major Players: AJINOMOTO CO. INC., ARCHER DANIELS MIDLAND COMPANY, CARGILL, INC., ROYAL DSM N.V, ADISSEO, amongst others.
Reasons to Purchase this Report
¥ Study on the adoption of industrial feed amino acids in developing regions and its effects on the global feed additives industry.
¥ Analyzing various perspectives of the market with the help of PorterÕs five forces analysis.
¥ Study on the type of feed amino acids expected to dominate the market during the forecast period.
¥ Study on the region expected to witness fastest growth during the forecast period.
¥ Identify the latest developments, market shares and strategies employed by the major market players.
¥ 3 months analyst support along with the Market Estimate sheet (in excel).
Customization of the Report
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Companies Mentioned are -
Ajinomoto Co. Inc., Archer Daniels Midland Company, Cargill, Incorporated, Royal Dsm N.V, Adisseo France Sas, Novus International, Inc., Cheil Jedang, PHW Group, Evonik Industries Ag, Kemin Europa
1.1 Study Deliverables
1.2 General Study Assumptions
2. RESEARCH METHODOLOGY
2.2 Analysis Methodology
2.3 Study Assumptions
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW AND TECHNOLOGY TRENDS
4.1 Current Market Scenario
4.2 Technology Trends
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Threat of Substitutes
4.3.3 Bargaining Power of Suppliers
4.3.4 Bargaining Power of Buyers
4.3.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
6. GLOBAL FEED AMINO ACID MARKET SEGMENTATION, BY TYPE
7. GLOBAL FEED AMINO ACID MARKET SEGMENTATION, BY ANIMAL TYPE
8. GLOBAL FEED AMINO ACID MARKET SEGMENTATION, BY GEOGRAPHY
8.1 North America
8.1.1 United States
8.1.4 Rest of the North America
8.2.2 United Kingdom
8.2.6 Rest of the Europe
8.3.4 Rest of the Asia-Pacific
8.4 South America
8.4.3 Rest of the South America
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.2 South Africa
8.5.3 Rest of the Middle East & Africa
9. COMPETITIVE LANDSCAPE
9.2 Market Share Analysis
10. COMPANY PROFILES
10.1 Ajinomoto Co. Inc.
10.2 Archer Daniels Midland Company
10.3 Cargill, Incorporated
10.4 Royal Dsm N.V
10.5 Adisseo France Sas
10.6 Novus International, Inc.
10.7 Cheil Jedang
10.8 PHW Group
10.9 Evonik Industries Ag
10.10 Kemin Europa
11. FUTURE OUTLOOK
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.