Global Methionine Market Size & Outlook, 2023-2030

The methionine industry worldwide is expected to reach a projected revenue of US$ 6,180.2 million by 2030. A compound annual growth rate of 9.1% is expected of the worldwide methionine industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,366.9
Forecast, 2030 (US$M)
$6,180.2
CAGR, 2024 - 2030
9.1%
Report Coverage
Worldwide

Global methionine market, 2018-2030 (US$M)

Global methionine market highlights

  • The global methionine market generated a revenue of USD 3,366.9 million in 2023 and is expected to reach USD 6,180.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9.1% by 2030.
  • In terms of segment, plant based accounted for a revenue of USD 3,366.9 million in 2023.
  • Plant Based is the most lucrative source segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 3,366.9 million
Market revenue in 2030USD 6,180.2 million
Growth rate9.1% (CAGR from 2023 to 2030)
Largest segmentPlant based
Fastest growing segmentPlant Based
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPlant Based


Other key industry trends

  • In terms of revenue, the North America accounted for 14.4% of the global methionine market in 2023.

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Methionine Market Scope

Methionine market segmentation & scope
Animal Based
Application
Animal Feed
Food & Dietary Supplements
Pharmaceuticals
Others
Countries
U.S.
Mexico
Canada
UK
Germany
Italy
France
China
India
Japan
Brazil
UAE
Saudi Arabia
Kuwait
Qatar
Oman

Methionine Market Companies

Name Profile # Employees HQ Website

Global methionine market size, by regions, 2018-2030 (US$M)

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