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Feed amino acids are vital for livestock owners as they help in improving the productivity of animals and increase returns for livestock owners
Feed amino acid is a vital ingredient in the feed additive industry. It acts as building block for proteins that are vital for the growth of animals. Their role in reducing the nitrogen content in the excretion of animals cannot be undermined. There is a big market for feed amino acids as livestock owners are focused on increasing the productivity of their livestock in which amino acids play a vital role. The companies have been investing in R&D centers for developing more effective products that serve customers’ needs.
Feed amino acids are vital for livestock owners as they help in improving the productivity of animals and increase returns for livestock owners. They are also necessary for growth, immune function, reproduction, and body condition maintenance. The industry has been continually witnessing advancements in technology. Improvements in this direction have enabled the preparation of feed in a more efficient and better way. Feed amino acids consist of various products, such as Tryptophan, Lysine, Methionine, Threonine, and others.
The feed amino acids segment in Asia-Pacific and European regions is developing rapidly and these regions are the largest markets for feed amino acids. Companies such as Ajinomoto (Japan), Kemin Europa (U.S.), and Evonik (Germany) are strengthening their feed amino acids segment by expanding their business operations. By adopting this strategy, companies are competing with each other and are increasing their revenues by developing their feed amino acids businesses.
By adopting growth strategies such as expansions, acquisitions, joint ventures, and agreements, the companies are expanding worldwide. Companies such as Cheil Jedang (South Korea) and Cargill Inc. (U.S.) are expanding their antioxidant businesses by opting for acquisitions that may enhance their penetration in the feed amino acid market.
Feed Amino Acids Market by Livestock (Swine, Cattle, Poultry, Aquatic Animals & Others), by Amino Acid (Tryptophan, Lysine, Methionine, Threonine & Others), by Geography - Global Trends & Forecasts to 2018
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