Product Code: ETC333154 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Myanmar Methionine Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 1.41% in 2028, following an initial rate of -0.92%, before easing to 1.31% at the end of the period.
By 2027, Myanmar's Methionine market is forecasted to achieve a stable growth rate of 1.26%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
Methionine, an essential amino acid, is primarily used in animal feed to improve growth and health in livestock and poultry. The market in Myanmar is expanding with the growth of the agriculture sector and increasing demand for high-quality animal protein.
The expansion of the livestock and poultry sectors in Myanmar is driving the demand for methionine, which is an essential amino acid used as a feed additive. With rising disposable incomes and changing dietary preferences, there`s a growing demand for meat products, fueling the need for methionine in animal nutrition.
The methionine market in Myanmar is constrained by limited local production capabilities and reliance on imports, which can lead to supply chain disruptions and higher costs. High production costs associated with advanced manufacturing processes can deter investment. The market also faces competition from alternative protein sources and feed additives, which can offer similar benefits at a lower cost. Additionally, there is a lack of awareness and understanding of the benefits of methionine in animal nutrition, affecting demand. Economic fluctuations and inconsistent demand from the livestock and poultry industries further complicate market growth.
The government promotes the production and use of methionine in animal feed to improve livestock health and productivity. Policies ensure product quality and safety, support local manufacturing, and encourage research and development to improve methionine production techniques and applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Myanmar Methionine Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Methionine Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Methionine Market - Industry Life Cycle |
3.4 Myanmar Methionine Market - Porter's Five Forces |
3.5 Myanmar Methionine Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Myanmar Methionine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Myanmar Methionine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for animal feed additives due to the growth of the livestock industry in Myanmar |
4.2.2 Rising disposable income leading to higher consumption of meat products, thereby driving the need for methionine in animal feed |
4.2.3 Government initiatives and policies supporting the agriculture sector and livestock production in Myanmar |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of methionine |
4.3.2 Lack of awareness among farmers about the benefits of using methionine in animal feed |
4.3.3 Limited availability of skilled labor and technology for methionine production in Myanmar |
5 Myanmar Methionine Market Trends |
6 Myanmar Methionine Market, By Types |
6.1 Myanmar Methionine Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Methionine Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Myanmar Methionine Market Revenues & Volume, By Plant-based, 2021-2031F |
6.1.4 Myanmar Methionine Market Revenues & Volume, By Animal-based, 2021-2031F |
6.2 Myanmar Methionine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Methionine Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.3 Myanmar Methionine Market Revenues & Volume, By Food & Dietary Supplements, 2021-2031F |
6.2.4 Myanmar Methionine Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
7 Myanmar Methionine Market Import-Export Trade Statistics |
7.1 Myanmar Methionine Market Export to Major Countries |
7.2 Myanmar Methionine Market Imports from Major Countries |
8 Myanmar Methionine Market Key Performance Indicators |
8.1 Feed conversion ratio (FCR) improvement in livestock farms using methionine |
8.2 Percentage increase in methionine adoption rate in the animal feed industry |
8.3 Growth in the number of methionine manufacturers and suppliers in Myanmar |
8.4 Research and development investment in innovative methionine production technologies in the country |
8.5 Number of new product launches incorporating methionine in the animal feed market of Myanmar |
9 Myanmar Methionine Market - Opportunity Assessment |
9.1 Myanmar Methionine Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Myanmar Methionine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Myanmar Methionine Market - Competitive Landscape |
10.1 Myanmar Methionine Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Methionine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |