Methionine: Global Strategic Business Report

Global Methionine Market to Reach $5.7 Billion by 2030

The global market for Methionine estimated at US$4 Billion in the year 2022, is projected to reach a revised size of US$5.7 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. DL-Methionine, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$3.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the L- Methionine segment is readjusted to a revised 4.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 7.7% CAGR

The Methionine market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$762.7 Million by the year 2030.

Select Competitors (Total 12 Featured) -

• Adisseo France S.A.S.
• China National BlueStar (Group) Co Ltd.
• Evonik Industries AG
• Jinzhou Jirong Amino Acid Co. Ltd.
• Ningxia Unisplendour Tianhua Methionine Co. Ltd.
• Novus International Inc.
• Sumitomo Chemical Co. Ltd.
• Zheijiang NHU Co. Ltd.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year