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Global Methionine Market 2017-2021

Global Methionine Market 2017-2021

About Methionine

Methionine is classified as an essential amino acid, which cannot be synthesized by the human body and must be consumed as a part of the regular diet or as a dietary supplement. It is one of the sulfur-containing amino acids, besides cysteine. Methionine is used extensively in applications, such as animal feed, food and dietary supplements, and pharmaceuticals. It plays a significant role in the synthesis of proteins such as carnitine or melatonin. In addition, it has a fat-dissolving effect; it reduces the deposition of fat in the liver.

Technavio’s analysts forecast the global methionine market to grow at a CAGR of 6.52% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global methionine market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Methionine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • China National BlueStar
  • CJ CheilJedang
  • Evonik Industries
  • Sumitomo Chemical
  • TOKYO CHEMICAL INDUSTRY
Other prominent vendors
  • AJINOMOTO
  • IRIS BIOTECH
  • NOVUS INTERNATIONAL
  • Phibro Animal Health
  • SUANFARMA
  • Volzhsky Orgsynthese
Market driver
  • Growing demand for protein
  • For a full, detailed list, view our report
Market challenge
  • Limited supply of raw material
  • For a full, detailed list, view our report
Market trend
  • Increased use of dietary and sports supplements for healthy lifestyle
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Methionine Market 2017-2021

Technavio recognizes the following companies as the key players in the global methionine market: China National BlueStar, CJ CheilJedang, Evonik Industries, Sumitomo Chemical, and TOKYO CHEMICAL INDUSTRY.

Other Prominent Vendors in the market are: AJINOMOTO, IRIS BIOTECH, NOVUS INTERNATIONAL, Phibro Animal Health, SUANFARMA, and Volzhsky Orgsynthese.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increased use of dietary and sports supplements for healthy lifestyle. People around the world have become more health conscious and are embracing a healthy lifestyle. People are more inclined toward sports and fitness. Nutrition is considered as one of the key aspects of sports. A healthy diet comprising vital nutrients is essential for an athlete or an individual involved in any type of sport to enhance one's performance in the game.”

According to the report, one driver in the market is growing demand for protein. The demand for protein has risen rapidly over the years and will continue to increase during the forecast period. Poultry is the most efficient source of protein compared to other sources. In emerging economies, such as Latin America and APAC, the growing demand for meat by consumers is driving the growth of the global methionine market. Methionine is used extensively in the production of proteins for animal nutrition. These proteins help livestock to gain appropriate weight and regular metabolism.

Further, the report states that one challenge in the market is limited supply of raw material. The raw material used for the production of methionine has undergone volatility since early 2002, and this fluctuation in the production, trade, and stocks of agricultural commodities has been unusually high, which has a negative impact on the market growth. The raw materials used in the production of methionine are not easily transportable, leading to a limited number of suppliers. Moreover, the rising price of energy, increased cost of production, processing, and transportation of methionine will lead to the decline of the methionine market.

Companies Mentioned

China National BlueStar, CJ CheilJedang, Evonik Industries, Sumitomo Chemical, TOKYO CHEMICAL INDUSTRY, AJINOMOTO, IRIS BIOTECH, NOVUS INTERNATIONAL, Phibro Animal Health, SUANFARMA, and Volzhsky Orgsynthese.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table The major processes involved in the production of methionine
  • Market landscape
    • Market overview
      • Table Global methionine market
    • Market size and forecast
      • Table Global methionine market 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global methionine market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global methionine market by application
      • Table Global methionine market by application 2016 (% share of revenue)
      • Table Global methionine market by application 2021 (% share of revenue)
    • Global methionine market for animal feed
      • Table Global methionine market for animal feed 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global methionine market for animal feed 2016-2021
    • Global methionine market for food and dietary supplements
      • Table Global methionine market for food and dietary supplements 2016 and 2021 (kilometric tons)
      • Table Market forecast: Global methionine market for food and dietary supplements 2016-2021
    • Global methionine market for pharmaceuticals
      • Table Global methionine market for pharmaceuticals 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global methionine market for pharmaceuticals 2016-2021
  • Geographical segmentation
    • Methionine market by region
      • Table Global methionine market by region 2016 (% share of revenue)
      • Table Global methionine market by region 2021 (% share of revenue)
    • Methionine market in APAC
      • Table Methionine market in APAC 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Methionine market in APAC 2016-2021
    • Methionine market in Europe
      • Table Methionine market in Europe 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Methionine market in Europe 2016-2021
    • Methionine market in North America
      • Table Methionine market in North America 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Methionine market in North America 2016-2021 (kilo MT)
    • Methionine market in ROW
      • Table Methionine market in ROW 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Methionine market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Average feed-to-protein conversion ratio
    • Market challenges
  • Market trends
    • Increased use of dietary and sports supplements for healthy lifestyle
    • Increased focus on developing countries for future growth
  • Vendor landscape
    • Key market vendors
      • Table Key market vendors
    • Other prominent vendors
  • Key vendor analysis
    • China National BlueStar
    • CJ CheilJedang
    • Evonik Industries
      • Table Evonik Industries: Business segmentation by revenue 2016 (% share)
      • Table Evonik Industries: Geographical segmentation by revenue 2016 (% share)
    • Sumitomo Chemical
      • Table Sumitomo Chemical: Business segmentation by revenue 2016 (% share)
      • Table Sumitomo Chemical: Geographical segmentation by revenue 2016 (% share)
    • TOKYO CHEMICAL INDUSTRY
  • Appendix
    • List of abbreviations
  • Explore Technavio

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