Methionine is a protein-based amino acid and lipotropic compound that helps with metabolism and breaks down fat. It contains an α-amino group, an α-carboxylic acid group and an S-methyl thioether side chain. Methionine is classed as an essential amino acid and cannot be synthesized by the body itself.
LPI (LP Information)' newest research report, the “Methionine Industry Forecast” looks at past sales and reviews total world Methionine sales in 2022, providing a comprehensive analysis by region and market sector of projected Methionine sales for 2023 through 2029. With Methionine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Methionine industry.
This Insight Report provides a comprehensive analysis of the global Methionine lands cape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Methionine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Methionine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Methionine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Grade Phosphoric Acid.
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The global Methionine market size is projected to grow from US$ 6478.9 million in 2022 to US$ 8612 million in 2029; it is expected to grow at a CAGR of 8612 from 2023 to 2029.
Global Methionine key players include Evonik, Adisseo (Bluestar), NOVUS, etc. Global top three manufacturers hold a share nearly 75%.
Europe is the largest market, with a share over 40%, followed by Japan, and North America, both have a share about 35 percent.
In terms of product, Solid Methionine is the largest segment, with a share about 75%. And in terms of application, the largest application is Feed Additive, followed by Pharmaceutical, Food Supplement, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Methionine market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Methionine Includes:
Evonik
Adisseo (Bluestar)
NOVUS
Sumitomo Chemical
CJ Cheiljedang Corp
Chongqing Unisplendour Chemical
Sichuan Hebang
Market Segment by Type, covers:
Solid Methionine
Liquid Methionine
Market Segment by Applications, can be divided into:
Feed
Pharmaceutical
Food
Others
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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