Global Methionine Market to Reach $3.0 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Methionine market. The global market for methionine is projected to exceed $3.0 billion by the year 2015. This is primarily driven by steady increase in global population, inducing higher demand for food. Living standards and the health-conscious population continue to grow and impel the demand growth for high nutrition food. Consequently, the protein industry, including methionine sector, is under pressure to increase production capacities. Additionally, consumers' drive to look young and maintain healthy lifestyle is propelling marketers to launch amino acid supplements such as anti-aging cosmeceuticals, and dietary supplements. Marketers are also focusing on the launch of artificial sweeteners for weight and appearance conscious people.

Methionine: A Global Strategic Business Report

Methionine is an essential amino acid and is a basic building block in the formation of proteins. Methionine is mainly used in feeds to promote growth of poultry and livestock, shorten feeding cycle, and increase the quantity of lean meat. Previously, fish powder was used to achieve similar results in the protein industry. However, methionine based feeds proved to be more efficient than fish powders and replaced fish powders in almost all of the protein markets.

Asia Pacific (especially China) and Europe dominate the world methionine market as stated by the new market research report on methionine. China is the second largest manufacturer of animal feed in the world. Methionine is widely used in the country as a supplement in the diets for ruminants and piglets. Accordingly, China is among the largest consumers of feed-grade methionine. Since local production of methionine is insignificant, the country relies on imports to fulfill domestic demand.

Key players dominating the global methionine market include China National Bluestar, Evonik Industries AG, Jinzhou Jirong Amino Acid Co., Ltd., Mitsubishi Tanabe Pharma Corporation, Nippon Soda Co., Ltd., Novus International, Inc., Sumitomo Chemical Co. Ltd., and Zhejiang Chemicals Import & Export Corporation, among others.

The report titled "Methionine: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, product overview, product introductions/innovations, profiles of major players, and recent industry activity. The report analyzes market data and provides analytics in value sales for the regions including The United States, Canada, Japan, Europe, Asia Pacific, Middle East, and Latin America.

For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Methionine_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com

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