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.
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 258 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 4 Billion |
Forecasted Market Value ( USD | $ 5.7 Billion |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Global |