• Uncategorized

Feed Amino Acids Market By Technology Advancements & Business Outlook

The feed amino acids market is estimated to be valued at USD 5.37 Billion in 2017. It is projected to grow at a CAGR of 4.4% from 2017, to reach a projected value of USD 6.66 Billion by 2022. Feed amino acid products have become prominent in the recent years, owing to the growing awareness among the consumers regarding the impact of quality feed provided to the livestock on animal-based products such as meat and dairy products.

How is the prevalence of bovine spongiform encephalopathy (BSE) presenting growth opportunities for manufacturers in the feed amino acids market?

Traditionally, bone & meat meals were used in feed to provide minerals, proteins, vitamins, and energy. Ruminant’s remains were also fed to cattle that contain a protein named prion. It was found to be the root cause of bovine spongiform encephalopathy (BSE), also known as mad cow disease. The major symptoms of the disease were change in the behavior, aggression toward others, head held low, loss of milk yield, and nervousness. It can be easily transmitted to human beings by the intake of contaminated carcasses. Generally, cattle suffering from this disease lose coordination of their legs and body movement. BSE was first suspected in the UK in 1986, followed by North America, Asia, and Europe. Europe in the nineties was struggling with BSE, which paralyzed the animal industry.

In 1997, the FDA prohibited the usage of mammalian protein in feed given to ruminants due to the tougher hygiene requirement. This forced the dairy farmers to limit the usage of animal protein, such as blood meal in feed, which accelerated the usage of amino acids in ruminant feed. In several countries, food safety laws are implemented to regain consumer trust in the supply chain. Thus, feed amino acids have a good opportunity of becoming an ideal replacement for bone and meat meal.

Make an Inquiry:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=116585197

Implementation of innovative animal husbandry practices to improve meat quality

With the increase in per capita income, the standard of living has improved. Increase in health awareness has resulted in the demand for quality meat. Recent disease outbreaks in livestock have led to the use of feed amino acids to improve quality. Meat quality is defined by the compositional quality (lean-to-fat ratio) and palatability (appearance, juiciness, tenderness, and flavor). Meat and dairy processors are required to follow the rules related to labeling and packaging of meat & dairy products due to the increase in concerns about E. coli and Salmonella infections. Meat such as lamb and mutton are graded by two USDA grading systems—quality and yield. The purpose of these grading systems is to aid in ranking lambs both as live animals and meat products. These grading systems are useful in pricing as well as marketing.

Government monitoring agencies such as the US Food and Drug Administration (FDA) and European Food Safety Authority (EFSA) have imposed rules regarding the quality of food to be delivered to consumers. Meat composition, fat content, color, flavor, and protein content are some of the attributes that define the quality of meat. These qualities are obtained through the use of feed additives, which include amino acids.

Hence, implementation of new animal husbandry techniques could lead to the production mandate and consumption of better quality meat. This, in turn, is expected to drive the market for feed amino acids.

The feed amino acids supply chain includes companies such as ADM (US), Sumitomo (Japan), Evonik (Germany), CJ CheilJedang (South Korea), Ajinomoto Co., Inc. (Tokyo), Adisseo (China), Phibro (US), Meihua Holdings (China), Kemin (US), Novus (US), Global Bio-Chem (Hong Kong), and Sunrise Nutrachem (China). The feed amino acids supplied by these companies are used in feed products that are served to various livestock types such as ruminants, swine, poultry, pets, equine, and aquatic animals.

To know about the assumptions considered for the study, download the PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116585197

Asia Pacific is projected to be the fastest-growing market during the forecast period, due to the continuous modernization of animal production techniques and the growing awareness among the consumers regarding the impact of quality feed provided to the livestock on animal-based products such as meat and dairy products. However, conventional methods of feeding animals such as forages, crop residue, and open grazing may restrict the growth of the commercial animal feed industry, and subsequently restrain the growth of the feed amino acids market in this region. The other restraints of the feed amino acids market include alternative protein sources and stringent regulatory framework.

(Visited 1 times, 1 visits today)

Comments

comments

You may also like...