Feed Grade Threonine Market Size, Share, Opportunities, And Trends By Type (Purity Greater Than Or Equal To 98.5%, Purity Greater Than Or Equal To 99.5%), By Application (Poultry, Livestock, Others), By Sales Channel (Online, Offline), And By Geography - Forecasts From 2023 To 2028
- Published : Jun 2023
- Report Code : KSI061615520
- Pages : 147
The feed-grade threonine market was valued at US$643.564 million in 2021 and is expected to grow at a CAGR of 5.12% during the forecast period.
The feed-grade threonine market is anticipated to grow at a steady pace during the forecast period. The molecular name for the amino acid L-threonine is (NH2) C.H. (O.H.) HO2CCH. One of threonine's four naturally occurring isomers, L-threonine, has physiological significance for the organism. It is a particular kind of important amino acid. L-threonine must be received from the diet because neither humans nor animals can synthesize it. The chemical compound L-Threonine is a member of the alpha-amino acid group. L-threonine, commonly known as (2S)-threonine or L threonine, is an amino acid. In these alpha-amino acids, the alpha-carbon atom is in the L configuration.
Growth drivers in the threonine market
The threonine market is predicted to expand. Over the predicted period, growth will be fueled by the rising demand for threonine from emerging nations. The rising usage of threonine in the pharmaceutical sector due to its potency against several ailments, including cancer, has also increased the threonine market growth rate throughout the projection period. Additionally, the availability of pharmaceutical-grade, highly pure threonine with a great amino acid profile will also help to expand the threonine market.
Rising emphasis on animal health
Threonine market growth will also be fueled by a greater focus on animal health. The need for feed-grade threonine will almost probably rise as chicken farming expands, need for animal-based goods will rise due to rising consumer demand. Supporters of natural growth are anticipated to be active in the threonine market as their momentum increases. Demand on the market has risen as a result of consumers' growing understanding of the advantages of utilizing feed additives to prevent sickness.
Increasing consumption due to fat-prevention properties
Threonine has been used to treat digestive issues, indigestion, and other related issues, in addition to anxiety and mild depression. L-threonine is a kind of optically active threonine having an L-configuration. It performs the duty of being a nutraceutical, a micronutrient, a mouse metabolite, an algae metabolite, a baker's yeast metabolite, a plant metabolite, and an Escherichia coli metabolite. It is a threonine, an L-alpha amino acid from the aspartate family, and a proteinogenic amino alkanoic acid. Humans are unable to produce L-threonine, thus they must consume it through their food, which is a major driver for the threonine market.
Increase in farm and feed standardization
Concerns about food safety have boosted the need for feed-grade threonine to guarantee the safety of meat. Another factor influencing the growth of the feed-grade threonine market is an increase in farm owner knowledge of the significance of feeding a healthy animal diet. They are therefore moving away from conventional feed additives and towards premium and functional alternatives that support immunity to enzootic diseases while also reducing the danger of metabolic problems, acidosis, injuries, and infections.
The adoption of novel animal-rearing techniques, the maintenance of good agricultural standards, and the rise in demand for organic meat from customers in industrialized nations have all boosted the feed-grade threonine industry's outlook.
Increasing use in animal nutrition
The L-Threonine Market is expanding at the fastest rate due to growing animal productivity, product innovation, higher dietary supplement use, cutting-edge technology, and greater consumption of protein-rich meals in emerging countries. The need for multi-functional threonine acid supplements in animal nutrition and rising feed prices are two additional variables that are anticipated to increase the L-Threonine Market. However, a short time from now, the market's expansion can be hampered by a limited supply of raw materials and tight food safety laws. The plant-based threonine market is expected to grow quickly throughout the forecast period due to its cheap manufacturing costs, high carbohydrate content, capacity to decrease cholesterol levels, and contribution to the prevention of cancer.
Rising demand for multi-functional supplements in livestock nutrition
The growth of the L-Threonine Market in the animal feed industry is being driven by the need for multifunctional additives in livestock nutrition. Manufacturers are investing in the creation of distinctive products and cutting-edge technologies due to the increase in demand for dietary supplements. The accumulation of fat in the liver brought on by too many threonine acids might result in liver failure. As a result, it is anticipated that stringent food safety requirements would stunt the expansion of the threonine industry. Amyotrophic lateral sclerosis can also be treated with threonine-containing supplements. Products for personal care, dental care, and cosmetics all include threonine. The usage of threonine acids in cosmetics is anticipated to rise within the anticipated time frame.
North America is anticipated to dominate the feed-grade threonine market
Throughout the forecast period, North America is anticipated to continue to dominate the threonine market. The U.S., one of this region's main consumers of threonine, has seen an increase in demand for this substance from the pharmaceutical and feed sectors due to its success in treating a variety of health disorders in both humans and animals.
Throughout the projected period, South America is anticipated to have the second-largest threonine market share for threonine due to its usefulness as a nutritional supplement that aids in treating many sorts of medical ailments among people. Brazil, one of the region's top consumers, has seen an increase in demand from the food and pharmaceutical sectors.
Feed Grade Threonine Market Products
- ADM L-Threonine, ADM L-Threonine 98.5% Feed Grade is a granular form of supplementary L-threonine that has undergone extensive purification. Utilizing L-threonine allows for the satisfaction of the animal's amino acid needs while reducing feeding crude protein, which lowers nitrogen excretion and increases nitrogen efficiency without impairing performance.
- L-Threonine (Feed Grade), L-Threonine (Feed Grade) is one of the many items that Anhui Bbca international co. offers which are part of amino acids.
Market Key Developments
- In January 2023, To create novel feed additives, Novus International purchased the biotech business Agrivida.
- In October 2022, The collaboration between Evonik and BASF gave Evonik some non-exclusive licensing rights to OpteinicsTM, a technological advancement that helps the animal protein and feeds sectors better understand their impact on the environment.
Feed Grade Threonine Market Scope:
|Market Size Value in 2021||US$643.564 million|
|Growth Rate||CAGR of 5.12% from 2021 to 2028|
|Forecast Period||2023 – 2028|
|Forecast Unit (Value)||USD Million|
|Segments Covered||Type, Application, Sales Channel, and Geography|
|Regions Covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies Covered||Cargill, Incorporated, BASF SE, ADM Animal Nutrition, Agrols.eu, Evonik Industries AG, NOVUS INTERNATIONAL, Charoen Pokphand Foods PCL, Nutreco|
|Customization Scope||Free report customization with purchase|
- By Type
- Purity Greater Than or equal to 98.5%
- Purity Greater Than or Equal to 99.5%
- By Application
- By Sales Channel
- By Geography
- North America
- United States
- South America
- United Kingdom
- Middle East and Africa
- Saudi Arabia
- Asia Pacific
- South Korea
- North America
Frequently Asked Questions (FAQs)
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GLOBAL FEED GRADE THREONINE MARKET, BY TYPE
5.2. Purity Greater Than or equal to 98.5%
5.3. Purity Greater Than or Equal to 99.5%
6. GLOBAL FEED GRADE THREONINE MARKET, BY APPLICATION
7. GLOBAL FEED GRADE THREONINE MARKET, BY SALES CHANNEL
8. GLOBAL FEED GRADE THREONINE MARKET, BY GEOGRAPHY
8.2. North America
8.2.1. United States
8.3. South America
8.4.1. United Kingdom
8.5. The Middle East and Africa
8.5.1. Saudi Arabia
8.6. Asia Pacific
8.6.4. South Korea
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Cargill, Incorporated (U.S.)
10.2. BASF SE (Germany)
10.3. ADM Animal Nutrition
10.4. Agrols. eu
10.5. Evonik Industries AG (Germany)
10.6. NOVUS INTERNATIONAL (U.S.)
10.7. Charoen Pokphand Foods PCL (Thailand)
10.8. Nutreco (Netherlands)
Cargill, Incorporated (U.S.)
BASF SE (Germany)
ADM Animal Nutrition
Evonik Industries AG (Germany)
NOVUS INTERNATIONAL (U.S.)
Charoen Pokphand Foods PCL (Thailand)
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