# CJ CheilJedang dominates the nucleotide market and now aims for the top of global green biotechnology

> CJ CheilJedang reports it holds about 60% of the global nucleotide market, with China accounting for roughly two-thirds of demand. The company says its nucleotide sales rose about 20% last year and grew another 20% in the first quarter of this year.

- Date: 2019-02-13 · published 2019-02-13T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/60924-cj-cheiljedang-dominates-the-nucleotide-market-and-now-aims-for-the-top-of
- Commodities: [Lysine](https://feedsoft.ai/c/LYSINE.md)

## Why it matters

Nucleotides are a flavoring agent used mainly in food rather than feed, so the direct effect on feed ingredient prices is minimal. The story mainly signals the market position of a major amino acid and feed-additive producer.

## Sources

- cj.co.kr: https://www.cj.co.kr/en/newsroom/pressreleases/news-detail/1286

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.