Global Methionine Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Raw Material;

L-Methionine, MHA (Methionine Hydroxy Analogue), and DL-Methionine.

By Application;

Animal Feed, Food & Dietary Supplements, and Pharmaceuticals.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn526482119 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Methionine Market (USD Million), 2021 - 2031

In the year 2024, the Global Methionine Market was valued at USD 5,282.59 million. The size of this market is expected to increase to USD 7,433.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global methionine market is a significant segment within the amino acids industry, driven by its extensive applications in various sectors. Methionine, an essential amino acid, plays a crucial role in protein synthesis and overall health, particularly in livestock and poultry. As animal feed constitutes a major use of methionine, the demand is closely tied to the growth of the livestock industry, which is expanding due to rising global population and increasing meat consumption. Methionine's applications in pharmaceuticals, food supplements, and personal care products contribute to its market growth.

The market is witnessing robust demand across several regions. North America and Europe are prominent consumers of methionine, attributed to their well-established animal husbandry sectors and stringent regulations regarding animal health and nutrition. The Asia-Pacific region is experiencing rapid growth due to its burgeoning livestock industry and rising disposable incomes, which are leading to higher meat consumption. Countries like China and India are particularly noteworthy, given their large populations and significant investments in agriculture and animal farming.

The market is characterized by a high degree of competition, with several key players striving for market share through innovation and strategic initiatives. Major companies are focusing on expanding their production capacities and developing sustainable and cost-effective methionine production methods. Technological advancements and research and development activities are also critical, as they aim to enhance methionine's efficacy and broaden its application spectrum. The global methionine market is poised for steady growth, supported by the increasing demand for high-quality protein sources and advancements in production technologies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Raw Material
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Methionine Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Livestock Growth
        2. Protein Synthesis
        3. Meat Consumption
      2. Restraints
        1. High costs
        2. Environmental concerns
        3. Regulatory constraints
      3. Opportunities
        1. Rising Consumption
        2. Technological Advancements
        3. Sustainable Production
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Methionine Market, By Raw Material, 2021 - 2031 (USD Million)
      1. L-Methionine
      2. MHA (Methionine Hydroxy Analogue)
      3. DL-Methionine
    2. Global Methionine Market, By Application, 2021 - 2031 (USD Million)
      1. Animal Feed
      2. Food & Dietary Supplements
      3. Pharmaceuticals
    3. Global Methionine Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ajinomoto Co. Inc.
      2. Anaspec Inc. (Eurogentec SA)
      3. Beijing Fortunestar S&T Development Co. Limited
      4. Chongqing Unisplendour Chemical Co Ltd
      5. CJ Cheiljedang Corp.
      6. Evonik Industries AG
      7. IRIS Biotech GmbH
      8. Novus International
      9. Prinova Group LLC
      10. Shijiazhuang Jirong Pharmaceutical Co. Ltd
  7. Analyst Views
  8. Future Outlook of the Market