Press Release

United States Methionine Market to Grow with a CAGR of 3.62% through 2029

Surge in research and development activities is expected to drive the United States Methionine Market growth in the forecast period, 2025-2029.


According to TechSci Research report, “United States Methionine Market– By Region, Competition, Forecast and Opportunities, 2019-2028F”, the United States Methionine Market stood at USD 317.24 million in 2023 and is anticipated to grow with a CAGR of 3.62% in the forecast period through 2029. The initiatives taken by government based on methionine has led to favorable market conditions for the United States Methionine Market. Several factors contribute to the growth of various methionine market products.  The Department of Commerce has recently conducted preliminary investigations and concluded that methionine imported from Spain is being sold in the United States at a price lower than the fair value. Additionally, it has made a final affirmative determination that imports of methionine from Japan are also being sold below fair value in the U.S. market. Furthermore, the U.S. International Trade Commission has examined the situation and determined that the domestic industry has suffered significant harm due to the influx of methionine imports from both Japan and Spain. These findings highlight the need for further examination and potential action to address the impact on the domestic methionine industry.

Research and development (R&D) activities have not only contributed to the advancement of methionine, but they have also unveiled new possibilities and applications for this essential amino acid. One significant finding is that methionine can significantly improve the bioavailability of specific nutrients when incorporated into dietary supplements and functional foods. This breakthrough discovery has sparked increased interest in methionine within the nutrition sector, thereby driving substantial market growth. As a result, the demand for methionine continues to surge as more industries recognize its potential and explore its diverse applications across various sectors.

 

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The United States Methionine Market is segmented in type, application, regional distribution, and company.  

Based on application, the food & dietary supplements segment is projected to experience rapid growth during the forecast period. Methionine, an indispensable amino acid, holds immense importance for human health. It not only plays a significant role in various metabolic processes but also aids in cell growth, repair, and the synthesis of crucial proteins within the body. These attributes have propelled the utilization of methionine in dietary supplements, thereby contributing to the notable growth of the methionine market.

Recent consumer trends have witnessed a notable shift towards health and wellness, with a rising demand for dietary supplements that encompass essential nutrients like methionine. This demand surge can be attributed to the increasing prevalence of lifestyle diseases and the ever-growing aging population, which has further accentuated the significance of incorporating essential nutrients into daily routines. As a result, the prominence of methionine in the market continues to soar, reflecting the growing awareness and commitment to overall well-being.

Based on region, the North East region of the United States is experiencing notable growth in the methionine market, driven by a combination of key factors. Methionine, an essential amino acid used primarily in animal feed, particularly for poultry and livestock, plays a critical role in improving animal growth, health, and productivity. The region’s strong agricultural and livestock industries, combined with increasing demand for protein-rich foods, contribute to the rising demand for methionine in animal nutrition.

Additionally, the North East is home to several major pharmaceutical, biotechnology, and food companies that utilize methionine in various applications, including dietary supplements, food additives, and cosmetics. This diverse demand from multiple sectors has made the region a significant player in the broader methionine market.


Major companies operating in United States Methionine Market are:

  • Bluestar Adisseo Co
  • Evonik Corp
  • Novus International Inc
  • Sumitomo Chemical Co Ltd
  • Prinova Group LLC

 

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“Growing application of methionine in various end user industries are key drivers of the methionine market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of methionine with every passing year are anticipated to register an impressive growth to United States Methionine Market in the forecast period.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

United States Methionine Market By Type (DL-Methionine, Methionine Hydroxy Analogue (Mha), L-Methionine), By Application (Animal Feed, Food & Dietary Supplements, Pharmaceuticals), By Region and Competition, Forecast & Opportunities, 2019-2029F”, has evaluated the future growth potential of United States Methionine Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Methionine Market.


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United States Methionine Market By Type (DL-Methionine, Methionine Hydroxy Analogue (Mha), L-Methionine), By Application (Animal Feed, Food & Dietary Supplements, Pharmaceuticals), By Region and Competition, Forecast & Opportunities, 2019-2029F

Chemicals | Dec, 2024

Growing demand of methionine in food & beverage and pharmaceutical industries are factors driving the United States Methionine Market in the forecast period 2025-2029.

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