Data Bridge Market Research analyses that the Feed Grade Valine Market will project a compound annual growth rate (CAGR) of 5.20% during the forecast period of 2021-2028. Rising application of feed grade valine as additives by the animal feed industry, increasing developments coupled with supportive government policies and rising awareness about the feed grade valine are attributable to the growth of feed grade valine market. This means that the feed grade valine market value, which was USD 0.10 billion in 2020 will climb up to USD 0.15 billion by the year 2028.
Valine is an alpha-amino acid that helps to improve body normal growth, repair tissue, regulate blood glucose and provide with required energy. Valine is used in the bio-synthesis of proteins. Feed grade valine is produced using fermentation method using modern biotechnology and specially selected high performing micro-organisms. Of all the production processes/ methods, fermentation process is the most economical one. Essentially meant for the consumption by poultry and swine, the feed grade valine is excessively being used by the animal feed industry. With the rising developments by the researchers and manufacturers, feed grade valine can now also be used for aquaculture.
Rising application of feed grade valine for the consumption of aquaculture will multiply its demand in the future. Rising climatic changes coupled with concern for the environment is another factor fostering the growth of feed grade valine market. Growth and expansion of the various end user verticals and rising personal disposable income are some other indirect feed grade valine market growth determinants. Increasing tolerance of animals towards antibiotics will further create lucrative and remunerative growth opportunities for the feed grade valine market. Increasing production for the L type feed grade valine owing to the fact that it is the safest feed grade valine will also bolster the feed grade valine market growth rate.
However, high costs will pose a major challenge to the feed grade valine market. Low purchasing power of the people in the underdeveloped economies will further create hindrances for the feed grade valine market growth.
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Feed Grade Valine Market Scope and Market Size
The feed grade valine market is segmented on the basis of type, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the feed grade valine market is segmented into L type, D type, DL type and others.
On the basis of application, the feed grade valine market is segmented into poultry, livestock, aquaculture (shrimps) and others.
On the basis of distribution channel, the feed grade valine market is segmented into direct and indirect sales. The indirect sales of mustard market can be further segmented into retail stores, food wholesale stores, modern trade and online retail.
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Competitive Landscape and Feed Grade Valine Market Share Analysis
The Feed Grade Valine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to global feed grade valine market.
The major players covered in the feed grade valine report are Ajinomoto Co., Inc., CJ CHEILJEDANG CORP., Evonik Industries AG, Fufeng Group Lu, MEIHUA HOLDINGS GROUP CO., LTD, STAR LAKE BIOSCIENCE, ADM, BASF SE, DSM, Cargill, Incorporated, Chr. Hansen Holding A/S, Adisseo, ERBER AG, Kemin Industries, Inc., DuPont, Novozymes, Elanco, NOVUS INTERNATIONAL, Nutreco and AMCO Proteins among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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