Report Detail
Global Methionine Market Growth 2019-2024
- RnM2930689 |
- 12 February, 2019 |
- Global |
- 135 Pages |
- LPI(LP Information) |
- Other
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.
Population growth and rising affluence are resulting in increased meat consumption in many parts of the world, driving up the demand for methionine. As an important amino acid, methionine is widely used in feed, pharmaceutical and food. Animal feed additive is the largest downstream products of methionine, taking 89.64% of the world methionine consumption in 2015. Soild methionine can to use in different fields while liquid methionine is only used as in animal feed additives.
Global methionine production increased from 806.56 K MT in 2011 to 1041.25 K MT in 2015 The technical barriers of methionine are high, and the Methionine market concentration degree is relatively high. Major companies in methionine market include Evonik, Bluestar, NOVUS, Sumitomo Chemical, CJ and Unisplendour. Evonik manufactured 379.55 K MT methionine in 2015 accounting for 36.45% of the global production, followed by Blustar taking about 24.08%. CJ is a new entrant of this market with a manufacturing plant is Malaysia.
Up to now, Evonik, Bluestar and NOVUS occupy relatively large market share in China. There are other new enterprises operating in this market in recent years. However, local Chinese methionine manufacturers have small market share, and mainly depend on importing.
The key downtstream driving the growth of the methionine industry is feed industry. With the improvement of household income and protein meat consumption, animal feed has been a huge increase in demand. The increased consumption of methionine is expected to continue during the forecast period of 2016-2021. Methionine industry will usher in a huge growth space.
In the past few years, the raw material was impacted by the petrochemical industry. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Methionine. As the same time, intensive import supplies and domestic large demand maintained Methionine prices at relatively high levels. Therefore, to some extent, the companies face the benefit of profit increase.
According to this study, over the next five years the Methionine market will register a 2.8% CAGR in terms of revenue, the global market size will reach US$ 6880 million by 2024, from US$ 5830 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Methionine business, shared in Chapter 3.
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.
This study considers the Methionine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Solid Methionine
Liquid Methionine
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Feed
Pharmaceutical
Food
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Evonik
Adisseo (Bluestar)
NOVUS
Sumitomo Chemical
CJ Cheiljedang Corp
Chongqing Unisplendour Chemical
Sichuan Hebang
...
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.
Research objectives
To study and analyze the global Methionine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Methionine market by identifying its various subsegments.
Focuses on the key global Methionine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Methionine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Methionine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Methionine Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Methionine Consumption 2014-2024
- 2.1.2 Methionine Consumption CAGR by Region
- 2.2 Methionine Segment by Type
- 2.2.1 Solid Methionine
- 2.2.2 Liquid Methionine
- 2.3 Methionine Consumption by Type
- 2.3.1 Global Methionine Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Methionine Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Methionine Sale Price by Type (2014-2019)
- 2.4 Methionine Segment by Application
- 2.4.1 Feed
- 2.4.2 Pharmaceutical
- 2.4.3 Food
- 2.4.4 Others
- 2.5 Methionine Consumption by Application
- 2.5.1 Global Methionine Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Methionine Value and Market Share by Application (2014-2019)
- 2.5.3 Global Methionine Sale Price by Application (2014-2019)
3 Global Methionine by Players
- 3.1 Global Methionine Sales Market Share by Players
- 3.1.1 Global Methionine Sales by Players (2017-2019)
- 3.1.2 Global Methionine Sales Market Share by Players (2017-2019)
- 3.2 Global Methionine Revenue Market Share by Players
- 3.2.1 Global Methionine Revenue by Players (2017-2019)
- 3.2.2 Global Methionine Revenue Market Share by Players (2017-2019)
- 3.3 Global Methionine Sale Price by Players
- 3.4 Global Methionine Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Methionine Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Methionine Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Methionine by Regions
- 4.1 Methionine by Regions
- 4.1.1 Global Methionine Consumption by Regions
- 4.1.2 Global Methionine Value by Regions
- 4.2 Americas Methionine Consumption Growth
- 4.3 APAC Methionine Consumption Growth
- 4.4 Europe Methionine Consumption Growth
- 4.5 Middle East & Africa Methionine Consumption Growth
5 Americas
- 5.1 Americas Methionine Consumption by Countries
- 5.1.1 Americas Methionine Consumption by Countries (2014-2019)
- 5.1.2 Americas Methionine Value by Countries (2014-2019)
- 5.2 Americas Methionine Consumption by Type
- 5.3 Americas Methionine Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Methionine Consumption by Countries
- 6.1.1 APAC Methionine Consumption by Countries (2014-2019)
- 6.1.2 APAC Methionine Value by Countries (2014-2019)
- 6.2 APAC Methionine Consumption by Type
- 6.3 APAC Methionine Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Methionine by Countries
- 7.1.1 Europe Methionine Consumption by Countries (2014-2019)
- 7.1.2 Europe Methionine Value by Countries (2014-2019)
- 7.2 Europe Methionine Consumption by Type
- 7.3 Europe Methionine Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Methionine by Countries
- 8.1.1 Middle East & Africa Methionine Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Methionine Value by Countries (2014-2019)
- 8.2 Middle East & Africa Methionine Consumption by Type
- 8.3 Middle East & Africa Methionine Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Methionine Distributors
- 10.3 Methionine Customer
11 Global Methionine Market Forecast
- 11.1 Global Methionine Consumption Forecast (2019-2024)
- 11.2 Global Methionine Forecast by Regions
- 11.2.1 Global Methionine Forecast by Regions (2019-2024)
- 11.2.2 Global Methionine Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Methionine Forecast by Type
- 11.8 Global Methionine Forecast by Application
12 Key Players Analysis
- 12.1 Evonik
- 12.1.1 Company Details
- 12.1.2 Methionine Product Offered
- 12.1.3 Evonik Methionine Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Evonik News
- 12.2 Adisseo (Bluestar)
- 12.2.1 Company Details
- 12.2.2 Methionine Product Offered
- 12.2.3 Adisseo (Bluestar) Methionine Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Adisseo (Bluestar) News
- 12.3 NOVUS
- 12.3.1 Company Details
- 12.3.2 Methionine Product Offered
- 12.3.3 NOVUS Methionine Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 NOVUS News
- 12.4 Sumitomo Chemical
- 12.4.1 Company Details
- 12.4.2 Methionine Product Offered
- 12.4.3 Sumitomo Chemical Methionine Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Sumitomo Chemical News
- 12.5 CJ Cheiljedang Corp
- 12.5.1 Company Details
- 12.5.2 Methionine Product Offered
- 12.5.3 CJ Cheiljedang Corp Methionine Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 CJ Cheiljedang Corp News
- 12.6 Chongqing Unisplendour Chemical
- 12.6.1 Company Details
- 12.6.2 Methionine Product Offered
- 12.6.3 Chongqing Unisplendour Chemical Methionine Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Chongqing Unisplendour Chemical News
- 12.7 Sichuan Hebang
- 12.7.1 Company Details
- 12.7.2 Methionine Product Offered
- 12.7.3 Sichuan Hebang Methionine Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Sichuan Hebang News
...
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Methionine . Industry analysis & Market Report on Methionine is a syndicated market report, published as Global Methionine Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Methionine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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