Methionine Market

 Methionine Market is forecast to reach $6.34 billion by 2025, after growing at a CAGR of 5.9% during 2020-2025. The methionine market is driven by its increasing adoption in animal feed and food dietary supplements to provide the most effective methionine source. Moreover, increasing demand for animal based products with increasing use of methionine in nutraceutical will ensure healthy growth. The report covers Methionine Market size by raw materials and application, Methionine Market share by top 5 companies and also the market share by start-ups during the forecast period.

Report Coverage

The report: “Methionine Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Methionine Market.

Key Takeaways

  • North America and Western Europe dominates the methionine market owing to growth in pharmaceutical industry, increase in consumption of dietary supplements, and medical benefits ingredients it possess.
  • The growth of methionine can be attributed to the consumer’s preference for functional foods considering health and diet. 
Raw Material - Segment Analysis

Animal based methionine held the largest share in the methionine market in 2019. Methionine is a typical swine diet plays important roles in promoting swine health and muscle growth. In contrast to plant foods, animal foods are perceived to have higher protein-to-energy ratios and better protein and amino acid digestibility. The usage of methionine in nutraceutical ensures healthy growth of animal. The market for nutraceutical in animal feed has become increasingly attractive in the last few years, majorly driven by the antimicrobial growth promoters in agriculture.


Product Type – Segment Analysis

DL Methionine held the largest share in the methionine market in 2019. Methionine is an essential and dietary limiting amino acid for aquatic species. DL-Methionine is the most effective source of methionine available for aquaculture feed. It is highly concentrated nutrient and delivers particle size designed specifically for aqua feeds. DL-Methionine for in aqua feed offers ideal protein feed approach. It translates into improved quality, less waste and smoother production of feed. 

Form – Segment Analysis

Powdered ingredients have high stability and superior shelf life than liquid ingredients. Carotenoids, fibers and specialty carbohydrates, fish derived collagen and several plant extracts are available as powders that are used in the preparation of methionine products. The suitability of powdered ingredients for use in the production of various functional foods and dietary supplements is motivating the methionine formulators towards utilization of powdered ingredients. The rapid growth of dietary supplements for pets, companion and working animals is also driving the growth of powdered methionine market.

Application - Segment Analysis

Dietary supplements has been the primary market for methionine. Dietary supplements contain the essential nutrients which are lacking in the overall diet of human being. According to Nutrition Business Journal the supplement industry has reached $46 billion in annual sales in 2018. The supplement industry is poised to surpass $50 billion annually by 2020. According to CRN Consumer Survey on Dietary Supplements 2018, 75 percent of U.S adult take dietary supplements as opposed to just 65 percent in 2009. The data provided states that dietary supplements are main stays in modern day health and wellness regimes.

Geography - Segment Analysis

APAC dominated the methionine market with a share of more than 32%, followed by North America and Europe. The growth of methionine in APAC is attributed to increasing dietary supplements demand, increasing cardiovascular disease and obesity prevalence in the region. Further, investment in R&D to find innovative approaches, confirming health claims of methionine products and market research represent key strategies for the industry. Methionine has active ingredient property that claims to have medical benefits are a significant and fast growing part of the pharmaceutical industry in the developing countries.

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Location: United States

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