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Methionine Market Analysis by Size, Share, Growth, Trends and Forecast (2024–2032) | UnivDatos

According to the UnivDatos Market Insights analysis, as per their “Methionine Market” report, the global market was valued at USD 4,282.26 million in 2023, growing at a CAGR of about 6.50% during the forecast period from 2024-2032 to reach USD million by 2032. The global demand for methionine demonstrates a progressive trend owing to the usage of innovative and sustainable solutions in animal nutrition, human health, and industrialization. Methionine is a sulfur-based amino acid that is extremely important to protein synthesis and several metabolic functions and contributes to good liver health. As demand for animal protein rises, sustainable livestock breeding extends, and more developments in pharmaceutical and nutritional sciences come forth, methionine ceaselessly remains an essential material, cutting across various industries.

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Recent Developments in the Methionine Sector:

In recent years, the methionine market has witnessed considerable changes owing to technological advancements, increased investments, and expanding application areas. Among the many reasons for the rapid uptake of methionine, heightened awareness of animal nutrition and human health can be considered as catalysts too.

·        In 2023, Adisseo, one of the prominent firms producing feed additives- made an announcement regarding the construction of a new facility for producing powdered methionine in Fujian Province, China. With an intended annual output of 150,000 tons, the project worth approximately RMB 4.9 billion will begin operations in 2027.

·        In March 2024, Evonik Industries released its second edition of MetAMINO® ATLAS, which now includes a collection of 19 additional performance trials concerning the relative bioavailability of various supplementary methionine sources in animals’ diets. The new studies also reaffirm that 65 units of MetAMINO® are capable of displacing 100 units of methionine hydroxy analog free acids and calcium salts of (MHA-FA/Ca) in poultry, swine, and aquaculture feeds without impeding their animal performance.

Trend: Shift Toward Bio-Based Methionine Production

One relevant development in the methionine industry is the growing adoption of bio-based methionine. The transition is emanating from the elevated awareness of recycling, the external forces of regulations, and the increasing customer demand for environment-friendly solutions both in animal nutrition and human health. The common methods of methionine manufacture extensively depend on petrochemicals, which have been strongly censured for their intolerable ecological impact such as greenhouse emissions and high natural resources use. Nevertheless, bio-based methionine provides a greener approach, by use of renewable sources and applying biotechnology in its manufacture. For instance, In March 2024, Novus International, Inc. completed the acquisition of BioResource International, Inc. (BRI), a U.S.-based enzyme company. Through this move, Novus holds the products, intellectual property, and infrastructure of BRI to its customer benefit and further enhances the enzyme portfolio and capabilities for innovation. Additionally, regulatory frameworks encouraging bio-based product adoption include the European Union's Green Deal and the U.S. Inflation Reduction Act. At the same time, consumer interest in the environmental footprint of food production leads to livestock farmers and feed producers becoming more aware about sustainable additives such as bio-based methionine usage.

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Conclusion:

The global methionine market is growing steadily because of advances in animal nutrition, human health, and sustainability. Emerging applications in pharmaceuticals, pet nutrition, and cosmetics are reshaping the market along with bio-based production technologies. The livestock sector is still expanding, and environmental sustainability is becoming important, so companies that invest in research and development and scalable production will continue to dominate the methionine markets in the coming years.

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