According to the recent research report titled ‘Global Methionine market Size study, by Type (Liquid, Powder), by Application (Food and Beverage, Pharmaceutical, Animal Feed, Other End-user Industries), and Regional Forecasts 2021-2027’, available with MarketStudyReport, global methionine market was valued at USD 4 billion in 2020 and is expected to record a CAGR of 5.7% over 2021-2027, subsequently amassing USD 5.9 billion by the end of the forecast period.
 

As per the report findings, global methionine market growth is primarily driven by increasing health issues among humans and animals, along with rising intake of animal-based products.
 

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For the unversed, methionine is an important amino acid that is required for human and animal health. It assists in the production of a variety of protein-based molecules and sulfur-containing amino acids.
 

Notably, increasing consumer awareness has augmented the market demand. The UN Food and Agricultural Organization (FAO) states that the world will need to produce 60% more food by 2050, with animal protein production trebling and dairy and seafood production nearly tripling.
 

The top eight countries are Spain, Mexico, Brazil, the United States, China, Russia, India, and Turkey that generate 55% of the world's feed and own or operate 59% of the feed mills worldwide. These geographies will likely see a sustained demand for methionine in the forthcoming years.
 

Expert cite that escalating use of sports supplements, especially among athletes and bodybuilders, will augment global methionine market remuneration scope in the ensuing years. Weight nutrition supplements along with energy drinks, weight loss meals, reduced carbohydrate foods, and nutrition bars are increasing popularity due to their health advantages and growing consumer awareness.
 

Despite the positive outlook, strict regulatory environment is likely to stifle market expansion over the study period.
 

Elaborating on regional terrain, Europe currently leads the market in terms of market share, due to rising demand for dietary supplements and expanding geriatric population in the region. Meanwhile, North America market is expected to witness considerable growth over 2021-2027, owing to rising obesity and cardiovascular disease (CVD) cases.
 

Moving on to competitive landscape, Ajinomoto Inc., Royal DSM N.V., Zhejiang NHU Co. Ltd., Volzhsky Orgsynthese JSC, Sumitomo Chemical Co. Ltd., Novus International Inc., Evonik Industries AG, CJ CheilJedang Corporation, and Chongqing Unisplendour Chemical Co. Ltd. are the leading firms impacting global methionine market dynamics.