Hyderabad, India -- (SBWIRE) -- 03/21/2018 -- Amino acids are employed in feed additives to boost metabolism and supply nutrition to animals like pigs, cattle, and broiler that are majorly used for meat consumption. Worldwide meat consumption was about 350 million tons in 2015, with gains expected to grow at over 2% during the report mentioned forecast period.

Growing life expectancy, scarce availableness of land and water resources for animal feed production has resulted in the need for optimization of feed utilization in meat industry by using feed additives.

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The Europe Feed Amino Acids Market is estimated to have a value of USD 3.78 billion in 2016. With a CAGR of 6.17%, the market size is expected to grow rapidly to cross USD 5.09 billion by 2021.
The market growth apart from various benefits associated with the use of amino acid feed additives is mainly driven by standardization of meat products resulting in the rise in demand for amino acid feed additives.

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The enhanced usage of lysine as feed additive due to its capability to increase reproduction and also livestock yield has led to its biggest volume in terms of share and revenue in the market. On the other hand, the dry form segment has accounted for the largest share of the market depending on the form, mainly due to its ease of use while mixing with feed and can be easily stored and transported in dry form.

Rising consumer awareness concerning feed additive advantages in conjunction with recent disease outbreaks have resulted in a very high surge in demand. The awareness among individuals preferring extrinsic quality attributes of meat has inflated, moving the meat market globally. Only the consumption of poultry meat is estimated to be nearly 1.9 million tons in the year 2016 and occupying nearly half of the total share of the meat market and is the demand is still expected to rise which in turn fueling amino acids market.

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As of now, Europe with its increasing meat consumption and growing awareness about the benefits associated with feed amino acids is estimated to register a significant growth rate and also many key players concentrated in this region are expected to fuel this market in the future.

The major market contributors for the Europe Feed Amino Acids Market are Archer Daniels Midland Company, Adisseo France Sas, Ajinomoto Co. Inc., Royal Dsm N.V., Cargill Inc., Cheil Jedang, Novus International Inc, Evonik Industries Ag, PHW Group, Kemin Europa.

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