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A Reports and Data press release forecasts the global methionine market will reach USD 4.70 billion by 2026, growing at a CAGR of 4.6% from USD 3.26 billion in 2018. The release attributes demand growth to rising consumption of animal-based products and pharmaceutical uses.
This is a generic market-size forecast from a research firm, not a new supply or demand event, so it has little direct effect on feed prices. It does reinforce the view that methionine demand is steadily growing.
einpresswire.comOct 15, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
