The global demand for Animal feed protein ingredients Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kiloton in 2021 and forecast to touch XX Kiloton by 2028 with a CAGR of XX% during 2022-2028.
Animal feed protein ingredients are given to domestic animals as a nutrition for their good health and proper milk yield. Animals need amino acids as they cannot produce their own, which are supplied to them through these protein feeds. Accurate intake of these ingredients helps the animal in relieving their stress and they produce milk in more quantities that is rich in protein and fat. These ingredients resolve their nutrients deficiencies and improve their growth rate and wellbeing. The main protein ingredients are meat meal, poultry meal, blood meal, blood and plasma meal, hydrolyzed feather meal, soy meal and fish meal. These feeds protect young animals and fishes from many diseases by boosting their immunity.
Market Dynamics
The animal feed protein ingredients market is projected to grow in the forecasted period owing to its capacity to increase nutritional value of animal derived products. Increasing consumption of meat and meat products is the key factor boosting the demand of animal feed protein ingredients. There is growing concern among farmers towards maintaining a healthy livestock for enhanced productivity. The government initiatives towards agriculture business and their increasing investment in it will further propel market growth. Market players implementing R&D programs, innovating and introducing variety of new products will enhance market share. However, consumers shift towards vegan diet may hinder its market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of animal feed protein ingredients. The growth and trends of Animal feed protein ingredients Industry provide a holistic approach to this study.
Market Segmentation
This section of the animal feed protein ingredients market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Oilseed Meals
- Fish Meals
- Others
- Livestock
By Poultry
- Swine
- Cattle
- Aquaculture
- Pet Food
- Equine
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Animal feed protein ingredients market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Animal Feed Protein Ingredients Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the animal feed protein ingredients market include Alltech, Archer Daniels Midland,DSM, Hamlet Proteins, Catalysta, Titan Biotech, Burcon NutriScience, Nutraferma LLC., Tyson foods Inc., Nutreco N.V.. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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