Feed Grade Valine Market Report Overview
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The global feed grade valine market size was USD 60 million in 2022 and is expected to reach USD 80.47 million by 2031, exhibiting a CAGR of 3.3% during the forecast period.
Valine is one of eight necessary amino acids. It collaborates with the other two forms of high-concentration amino acids (leucine and isoleucine) to promote normal body growth, repair tissue, regulate blood glucose, and give needed energy. Feed grade valine is primarily utilized in the feed business as an animal nutrition enhancer. The fermentation process is mostly used in the production of feed grade valine. Currently, fermentation is a very cost-effective technique of manufacturing feed grade valine. L-valine is the most commonly used in the feed sector. All existing manufacturers supply L- valine to the feed sector.
COVID-19 Impact: Fluctuations in Demand and Supply to Affect the Market Growth
The COVID-19 pandemic has been unprecedented and staggering, with the feed grade valine market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels.
COVID-19 is a global public health emergency that has affected practically every industry, and the long-term effects are expected to have an impact on the growth of many end-use industries during the forecast period. The report provides insights on COVID-19, taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and significant government initiatives. The report's devoted part presents a detailed study of the impact of COVID-19 and its succeeding variant outbreaks on demand, supply, price, and vendor uptake, as well as recommendations for long-term outcomes.
Latest Trends
"Development in Production Capacity to Satiate Growing Demand"
ASF SE announced the development of its production capacity for animal feed amino acids, including valine, at its Saint-Nabor, France, manufacturing plant. The development was designed to address Europe's and the Middle East's growing need for high-quality animal feed. The development came into prcatice in 2021.
Feed Grade Valine Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into the L Type, D Type, and DL Type.
- By Application Analysis
Based on application, the market can be divided into pig, poultry, and others.
Driving Factors
"Rising Food and Dietary Supplement to Propel Market Growth"
According to food and dietary supplement manufacturers, demand for amino acids will increase dramatically due to rising consumer spending power and public awareness of healthy lifestyles and preventative treatment. Amino acids are used in supplements to reduce fatigue, muscle pain, and the risk of cardiovascular disease. Amino acids are also becoming increasingly popular in nutritional sports supplements. Functional beverages, food, and dietary supplements are the three categories of nutraceutical products. Furthermore, rising expenditure on organic and nutritious food products is a major driver driving the nutraceutical business. This is projected to increase amino acid usage in the nutraceutical business. As a result, rising demand for pharmaceutical and nutraceutical products in developed economies is expected to drive up demand for feed grade valine market growth.
"Rising Pet Food Sector to Aid Market Growth"
The pet food sector has risen quickly in recent years as the number of pets is on content increase. More individuals are likely to keep pets during the next four years, creating opportunities for firms that provide pet supplies. The growing popularity of cats and dogs has increased the demand for pet food, medicine, and accessories. Furthermore, the growing adoption of pets in households across numerous countries is expected to raise demand for pet food and the industry's need for amino acids. The increasing use of sodium amino acids in pet food, pet medicine, and veterinary supplements is likely to propel the market even further.
Restraining Factors
"High Costs Associated with The Raw Materials to Restrict Market Growth"
The rising processing and shipping costs of agricultural goods are predicted to cause a raw material shortage, limiting the worldwide amino acid market's expansion. Rising raw material prices, such as corn, soybeans, and wheat, are projected to provide challenges to market participants. High raw material prices and decreasing livestock production are key challenges for amino acid market participants. Amino acid prices have risen significantly in recent years as a result of raw material scarcity. A dearth of raw resources to make amino acids is caused by a number of short-term hurdles, including increased energy prices.
Feed Grade Valine Market Regional Insights
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"Asia Pacific to Dominates the Market Owing to Increase in Animal Feed Demand"
The Asia Pacific region dominates the global feed grade valine market share, accounting for the highest revenue share of any region. The increased demand for high-quality animal feed and the rise of commercial animal husbandry practices are the key drivers impacting market expansion in this field. Furthermore, there is an increased demand for feed grade valine as a result of rising egg, meat, and dairy consumption, as well as rising disposable income in countries such as China and India. In addition, the Asia Pacific region has a large number of feed producers and animal farms, which contribute significantly to the feed grade valine market share.
Key Industry Players
"Market Players to Collaborate for Cohesive Efforts in Order to Maintain Market Presence"
Manufacturers of amino acids will have additional opportunity to increase the global amino acids market as they launch new products, expand their operations, invest, and take other steps. Amino acids are becoming increasingly popular in a variety of industries, including food and beverage, cosmetics, pharmaceuticals, and dietary supplements, due to their numerous health benefits, such as their ability to build muscle, support body tissue repair, and maintain healthy skin, hair, and nails. As consumer awareness of amino acid's health benefits rises, so will the market's demand for them, allowing companies to introduce new items, increase production capacity, and raise money to make a variety of amino acid-based products for various end-users.
List of Market Players Profiled
- Ajinomoto (Japan)
- CJ (U.S.)
- Evonik (Germany)
- Fufeng Group (China)
- Meihua Group (China)
Report Coverage
The report's devoted part presents a detailed sPig, Poultry, and Otherstudy of the impact of COVID-19 and its succeeding variant outbreaks on demand, supply, price, vendor uptake, and recommendations for long-term outcomes. The updated study contains insights, analyses, projections, and predictions for the aircraft wheels market, considering the COVID-19 impact. The research profiles a report with extensive studies describing the firms in the market affecting the forecasting period. Detailed studies also offer a comprehensive analysis by inspecting factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 60 Million in 2022 |
Market Size Value By |
US$ 80.47 Million by 2031 |
Growth Rate |
CAGR of 3.3% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global feed grade valine market expected to touch by 2031?
The global feed grade valine market is anticipated to reach USD 80.47 million by 2031.
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What CAGR is the feed grade valine market expected to exhibit by 2031?
The feed grade valine market is anticipated to exhibit a CAGR of 3.3%.
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What are the driving factors of the feed grade valine market?
Rising food and dietary Supplement and growing pet food sector to drive the feed grade valine market.
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Which are the key players or most dominating companies functioning in the feed grade valine market?
Ajinomoto (Japan), CJ (U.S.), Evonik (Germany), Fufeng Group (China), Meihua Group (China) are some of the notable market players in the feed grade valine market.