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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 8.43 billion by 2029 | 5.08 % | Asia Pacific |
| By Type | By Application | By Region |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Methionine Market Overview
The methionine market is expected to grow at 5.08 % CAGR from 2022 to 2029. It is expected to reach above USD 8.43 billion by 2029 from USD 4.45 billion in 2020.
Methionine is a necessary amino acid that is crucial to human health. Methionine, one of the 20 amino acids, is a protein building block that is essential for the development, maintenance, and repair of bodily tissues. The body is unable to synthesize it, thus it must be supplied from diet. Methionine serves a number of crucial purposes in addition to aiding in the production of proteins. It participates in methylation, a procedure where it provides a methyl group (-CH3) for numerous biological activities. For the creation of DNA, the expression of genes, the production of neurotransmitters, and other cellular activities, methylation is essential.
Antioxidant properties are also present in methionine. Its sulphur concentration contributes to the production of glutathione, a potent antioxidant that supports the immune system and protects cells from oxidative stress. Methionine also has a role in lipid metabolism. It facilitates the movement of fat from the liver to other tissues and helps avoid the accumulation of fat in the liver. Methionine also plays a significant part in detoxification. It takes part in the production of the molecule S-adenosyl methionine (SAMe), which is necessary for the detoxification of hazardous compounds such medicines, toxins, and heavy metals.
The widespread use of methionine in animal feed is one of the main market drivers. Methionine is an essential amino acid for animal nutrition, particularly in the production of chicken and swine. In order to encourage optimal development, increase feed efficiency, and improve overall animal health, it is a crucial ingredient in feed compositions. Methionine is increasingly in demand in animal feed due to the growing demand for meat and poultry products on a global scale, which is being fueled by urbanization, population increase, and shifting dietary preferences. The market for methionine is further fueled by rising awareness among livestock producers of the importance of balanced nutrition and the advantages of amino acid supplementation. Methionine demand is anticipated to increase as the cattle industry continues to flourish, propelling market expansion.
The price volatility of raw materials is one of the main restraints on the methionine market. Key feedstocks including methanol and methyl mercaptan, which are generated from petroleum or natural gas, are essential for the manufacture of methionine. The cost of producing methionine can be considerably impacted by changes in the price of various feedstocks. Price volatility may also be increased by geopolitical circumstances, supply disruptions, and regulatory changes. It is difficult for manufacturers of methionine to maintain constant pricing and profit margins due to the fluctuating price of raw materials. Demand may also be affected by the price sensitivity of the animal feed industry, a significant user of methionine. To offset cost increases, livestock producers could look for alternate feed ingredients or change formulations, thereby limiting the growth of the methionine market.
The growing need for methionine in the aquaculture industry represents one of the major prospects. Sustainable and effective sources of protein are becoming more and more important as the world’s population continues to expand. A practical way to address this demand is emerging: aquaculture, or fish farming. Since methionine is a crucial component for prawns and fish, it is often used in aquafeed formulations to encourage strong development and effective feed conversion. The need for methionine in aquafeed is anticipated to climb dramatically as aquaculture gains popularity and seafood consumption increases internationally.
The methionine market experienced interruptions in the early stages of the pandemic as a result of supply chain issues, lockdown procedures, and decreased industrial activity. Operations in manufacturing and logistics were hindered, which caused production to temporarily stop and product shipments to be delayed. Short-term supply shortages and price increases were the result of this. The pandemic, however, had some favourable consequences on the methionine market as well. The steady demand for methionine in animal feed was influenced by the growing emphasis on health and wellbeing as well as the rising need for nutritional supplements. Since meat and poultry products were still being produced to satisfy customer demand, the market was able to remain stable thanks to the agriculture and livestock industries’ resilience.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion, Kilotons) |
| Segmentation | By Type, By Application |
| By Type |
|
| By Application |
|
| By Region |
|
Methionine Market Segment Analysis
The methionine market is segmented based on type, application.
Based on type, L-methionine holds the largest market share in the methionine industry. The naturally occurring enantiomer of methionine known as L-methionine is the biologically active form employed in the body’s metabolic activities and protein production. It is the market’s most popular and pure type of methionine. Methionine Hydroxy Analogue (MHA), a synthetic methionine derivative, is added to animal feed as a feed supplement. In comparison to L-Methionine, MHA offers a supply of methionine that is more stable and less likely to oxidise. Despite growing in popularity in some areas, MHA normally has a lower market share than L-Methionine.
Based on application, the methionine market is dominated by foods and dietary supplements. To ensure appropriate consumption of this crucial amino acid, methionine is frequently utilised as a nutritional supplement in food and dietary products. It is frequently found in energy bars, sports nutrition products, protein supplements, and various dietary supplements. Supplemental methionine supports the body’s overall metabolic processes, including protein synthesis, muscle growth and repair, and general metabolic processes.
Methionine Market Players
The methionine market key players include Sumitomo Chemical Co., Ltd, Evonik Industries AG, Bluestar Adisseo Co., Ltd., Novus International, Tokyo Chemical Industry Co., Ltd., Sunrise Nutrachem Group, Prinova Group LLC, AJINOMOTO CO. INC, Amino GmbH, Chongqing Unisplendour Chemical Co. Ltd., Sichuan Hebang Group Industry Co.Ltd, Adisseo.
Recent developments:
March 30, 2023: Evonik expanded its capacity to produce MetAMINO® (DL-methionine) on Jurong Island, Singapore, by 40,000 metric tons to around 340,000 metric tons per year. The high double-digit million euro investment in this further technological development is to reach target capacity by the third quarter of 2024.
September 15, 2022: The successful start-up of the new 180,000-ton liquid methionine plant allowed Adisseo Nanjing plant to became one of the world’s largest liquid methionine production platforms, thus further consolidating its leading position in the world.
Who Should Buy? Or Key stakeholders
- Methionine Suppliers
- Raw Materials Manufacturers
- Research Organizations
- Investors
- Regulatory Authorities
- Others
Methionine Market Regional Analysis
The methionine market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The increasing demand for meat and poultry products in the area, mostly as a result of population increase, urbanisation, and rising disposable incomes, is one of the major drivers. To support optimum growth and feed effectiveness, high-quality animal feed formulations that contain methionine are required. Additionally, since methionine is a crucial nutrient for fish and prawns, the developing aquaculture sector in Asia-Pacific offers a substantial opportunity for the nutrient. But there are also limitations on the methionine market in the area. Manufacturers are challenged by the volatility of raw material prices, particularly for essential feedstocks like methyl mercaptan and methanol. Furthermore, the manufacturing of methionine may be impacted by strict restrictions and environmental worries. There are intriguing opportunities in the Asia Pacific methionine industry. Innovative methionine solutions are made possible by the rising concern for animal welfare and the need for environmentally friendly and organic goods. Additionally, there are prospects for methionine use in food and dietary supplements due to the expanding popularity of plant-based diets and the increased knowledge of the advantages of dietary supplements.
Several factors have an impact on the dynamics of the methionine market in Europe. A major factor is the region’s large livestock industry, which drives the demand for animal feed. The market is also impacted by changes in consumer meat consumption habits as they move towards diets high in protein. The types and amounts of methionine used in animal feed are influenced by regulatory variables, such as feed quality standards and limitations. Production costs can be impacted by the availability and cost of raw materials like methyl mercaptan and methanol. Improved fermentation techniques, for example, are examples of technological developments in industrial processes that can enhance capacities and reduce prices.
Key Market Segments: Methionine Market
Methionine Market By Type, 2020-2029, (USD Billion, Kilotons)
- L-Methionine
- MHA
- Dl-Methionine
Methionine Market By Application, 2020-2029, (USD Billion, Kilotons)
- Animal Feed
- Food & Dietary Supplements
- Pharmaceuticals
Methionine Market By Region, 2020-2029, (USD Billion, Kilotons)
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Â Enhancing brand reputation
Key Questions Answered
- What is the expected growth rate of the methionine market over the next 7 years?
- Who are the major players in the methionine market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the methionine market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the methionine market?
- What is the current and forecasted size and growth rate of the global methionine market?
- What are the key drivers of growth in the methionine market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the methionine market?
- What are the technological advancements and innovations in the methionine market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the methionine market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the methionine market?
- What are the product offerings and specifications of leading players in the market?
- What is the pricing trend of methionine in the market and what is the impact of raw material prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL METHIONINE MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON METHIONINE MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL METHIONINE MARKET OUTLOOK
- GLOBAL METHIONINE MARKET BY TYPE (USD BILLION, KILOTONS)
- L-METHIONINE
- MHA
- DL-METHIONINE
- GLOBAL METHIONINE MARKET BY APPLICATION (USD BILLION, KILOTONS)
- ANIMAL FEED
- FOOD & DIETARY SUPPLEMENTS
- PHARMACEUTICALS
- GLOBAL METHIONINE MARKET BY REGION (USD BILLION, KILOTONS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- SUMITOMO CHEMICAL CO., LTD
- EVONIK INDUSTRIES AG
- BLUESTAR ADISSEO CO., LTD.
- NOVUS INTERNATIONAL
- TOKYO CHEMICAL INDUSTRY CO., LTD.
- SUNRISE NUTRACHEM GROUP
- PRINOVA GROUP LLC
- AJINOMOTO CO. INC
- AMINO GMBH
- CHONGQING UNISPLENDOUR CHEMICAL CO. LTD.
- SICHUAN HEBANG GROUP INDUSTRY CO.LTD
- ADISSEO *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL METHIONINE MARKET BY TYPE (USD BILLIONÂ ), 2020-2029
TABLE 2 GLOBAL METHIONINE MARKET BY TYPE (KILOTONSÂ ), 2020-2029
TABLE 3 GLOBAL METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 4 GLOBAL METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 5 GLOBAL METHIONINE MARKET BY REGION (USD BILLION), 2020-2029
TABLE 6Â GLOBAL METHIONINE MARKET BY REGION (KILOTONS), 2020-2029
TABLE 7Â NORTH AMERICA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 8Â NORTH AMERICA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 9Â NORTH AMERICA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 10 NORTH AMERICA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 11 NORTH AMERICA METHIONINE MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 12 NORTH AMERICA METHIONINE MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 13 US METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 14 US METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 15 US METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 16 US METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 17 CANADA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 18 CANADA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 19 CANADA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 20 CANADA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 21 MEXICO METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 22 MEXICO METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 23 MEXICO METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 24 MEXICO METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 25 SOUTH AMERICA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 26 SOUTH AMERICA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 27 SOUTH AMERICA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 28 SOUTH AMERICA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 29 SOUTH AMERICA METHIONINE MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 30 SOUTH AMERICA METHIONINE MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 31 BRAZIL METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 32 BRAZIL METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 33 BRAZIL METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 34 BRAZIL METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 35 ARGENTINA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 36 ARGENTINA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 37 ARGENTINA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 38 ARGENTINA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 39 COLOMBIA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 40 COLOMBIA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 41 COLOMBIA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 42 COLOMBIA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 43 REST OF SOUTH AMERICA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 44 REST OF SOUTH AMERICA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 45 REST OF SOUTH AMERICA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 46 REST OF SOUTH AMERICA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 47 ASIA-PACIFIC METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 48 ASIA-PACIFIC METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 49 ASIA-PACIFIC METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 50 ASIA-PACIFIC METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 51 ASIA-PACIFIC METHIONINE MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 52 ASIA-PACIFIC METHIONINE MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 53 INDIA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 54 INDIA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 55 INDIA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 56 INDIA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 57 CHINA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 58 CHINA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 59 CHINA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 60 CHINA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 61 JAPAN METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 62 JAPAN METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 63 JAPAN METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 64 JAPAN METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 65 SOUTH KOREA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 66 SOUTH KOREA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 67 SOUTH KOREA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 68 SOUTH KOREA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 69 AUSTRALIA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 70 AUSTRALIA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 71 AUSTRALIA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 72 AUSTRALIA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 73 SOUTH EAST ASIA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 74 SOUTH EAST ASIA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 75 SOUTH EAST ASIA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 76 SOUTH EAST ASIA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 77 REST OF ASIA PACIFIC METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 78 REST OF ASIA PACIFIC METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 79 REST OF ASIA PACIFIC METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 80 REST OF ASIA PACIFIC METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 81 EUROPE METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 82 EUROPE METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 83 EUROPE METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 84 EUROPE METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 85 EUROPE METHIONINE MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 86 EUROPE METHIONINE MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 87 GERMANY METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 88 GERMANY METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 89 GERMANY METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 90 GERMANY METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 91 UK METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 92 UK METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 93 UK METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 94 UK METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 95 FRANCE METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 96 FRANCE METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 97 FRANCE METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 98 FRANCE METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 99 ITALY METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 100 ITALY METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 101 ITALY METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 102 ITALY METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 103 SPAIN METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 104 SPAIN METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 105 SPAIN METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 106 SPAIN METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 107 RUSSIA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 108 RUSSIA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 109 RUSSIA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 110 RUSSIA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 111 REST OF EUROPE METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 112 REST OF EUROPE METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 113 REST OF EUROPE METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 114 REST OF EUROPE METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 115 MIDDLE EAST AND AFRICA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 116 MIDDLE EAST AND AFRICA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 117 MIDDLE EAST AND AFRICA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 118 MIDDLE EAST AND AFRICA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 119 MIDDLE EAST AND AFRICA METHIONINE MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 120 MIDDLE EAST AND AFRICA METHIONINE MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 121 UAE METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 122 UAE METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 123 UAE METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 124 UAE METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 125 SAUDI ARABIA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 126 SAUDI ARABIA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 127 SAUDI ARABIA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 128 SAUDI ARABIA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 129 SOUTH AFRICA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 130 SOUTH AFRICA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 131 SOUTH AFRICA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 132 SOUTH AFRICA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 133 REST OF MIDDLE EAST AND AFRICA METHIONINE MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 134 REST OF MIDDLE EAST AND AFRICA METHIONINE MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 135 REST OF MIDDLE EAST AND AFRICA METHIONINE MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 136 REST OF MIDDLE EAST AND AFRICA METHIONINE MARKET BY APPLICATION (KILOTONS), 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL METHIONINE BY TYPE, USD BILLION, 2020-2029
FIGURE 9 GLOBAL METHIONINE BY APPLICATION, USD BILLION, 2020-2029
FIGURE 10 GLOBAL METHIONINE BY REGION, USD BILLION, 2020-2029
FIGURE 11 PORTER’S FIVE FORCES MODEL
FIGURE 12 GLOBAL METHIONINE BY TYPE, USD BILLION, 2021
FIGURE 13 GLOBAL METHIONINE BY APPLICATION, USD BILLION, 2021
FIGURE 14 GLOBAL METHIONINE BY REGION, USD BILLION, 2021
FIGURE 15 MARKET SHARE ANALYSIS
FIGURE 16 SUMITOMO CHEMICAL CO., LTD: COMPANY SNAPSHOT
FIGURE 17 EVONIK INDUSTRIES AG: COMPANY SNAPSHOT
FIGURE 18 BLUESTAR ADISSEO CO., LTD: COMPANY SNAPSHOT
FIGURE 19 NOVUS INTERNATIONAL: COMPANY SNAPSHOT
FIGURE 20 TOKYO CHEMICAL INDUSTRY CO., LTD: COMPANY SNAPSHOT
FIGURE 21 SUNRISE NUTRACHEM GROUP: COMPANY SNAPSHOT
FIGURE 22 PRINOVA GROUP LLC: COMPANY SNAPSHOT
FIGURE 23 AJINOMOTO CO. INC: COMPANY SNAPSHOT
FIGURE 24 AMINO GMBH: COMPANY SNAPSHOT
FIGURE 25 CHONGQING UNISPLENDOUR CHEMICAL CO. LTD: COMPANY SNAPSHOT
FIGURE 26 SICHUAN HEBANG GROUP INDUSTRY CO.LTD: COMPANY SNAPSHOT
FIGURE 27 ADISSEO: COMPANY SNAPSHOT
FAQ
The methionine market size was USD 5.16 Billion in the year 2021
Asia Pacific held more than 35% of the methionine market revenue share in 2021 and will witness expansion in the forecast period.
Increasing demand for animal feed additives and dietary supplements, coupled with the growing adoption of methionine in the pharmaceutical industry, is driving the methionine market.
Based on application, the methionine market is dominated by foods and dietary supplements. To ensure appropriate consumption of this crucial amino acid, methionine is frequently utilised as a nutritional supplement in food and dietary products
Asia Pacific dominated the methionine market in the year 2021.
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