June 13, 2021
Technology

2021 Global Market Overview on the Feed Amino Acids Market – Key Market Trends and Players – ResearchAndMarkets.com

DUBLIN–()–The “Feed Amino Acids – A Global Market Overview” report has been added to ResearchAndMarkets.com’s offering.

Amid the impact of African Swine Fever (ASF) in the Asia-Pacific region, demand for feed amino acids was sluggish in 2019, where demand in the Asia-Pacific region was flat with a YOY growth of just 0.9%. A new wave of ASF outbreak in Europe coupled with the global COVID-19 pandemic have impacted the global demand for feed amino acids with a moderate growth confined at 3.9% YOY by volume and just 1.7% YOY by value in 2020.

Poultry feed constitutes the largest consumer of feed amino acids globally with 2020 consumption volume share of 44.4%, which is slated to compound annually at 6.5% over 2020-2026 in reaching a projected 3.3 million metric tons by 2026. Swine feed is the second-largest consumer of feed amino acids with a share of 37.1%…

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