The Global Protein Hydrolysates for Animal Feed Application Market is witnessing significant growth. Protein hydrolysates enhance animal nutrition, leading to improved livestock health and performance. With the rising demand for high-quality meat and dairy products, the adoption of protein hydrolysates in animal feed is increasing. These feed additives offer eco-friendly and sustainable solutions, aligning with the growing focus on ethical feed production practices. Moreover, advancements in biotechnology facilitate efficient production processes, expanding the range of protein hydrolysate variants suitable for various animal species.
According to Data Bridge Market Research, the global protein hydrolysates for animal feed application market is expected to reach the value of USD 720,130.90 thousand in 2022, is expected to reach USD 1,148,749.34 thousand by 2030, and is expected to undergo a CAGR of 6.0% during the forecast period of 2023 to 2030.
"Growing demand for high-quality animal protein surge market demand"
A rising global population and increasing consumer preferences for nutritious food products fuel the growing demand for high-quality animal protein. Enhancing animal nutrition becomes essential as consumers seek healthier and more sustainable protein sources. Protein hydrolysates, a rich source of bioavailable amino acids and peptides, offer numerous nutritional benefits for livestock and aquaculture. Their incorporation in animal feed improves digestibility, nutrient absorption, and overall animal health, ultimately contributing to the production of premium-quality meat and dairy products to meet the market's increasing demands.
What restraints the growth of the global protein hydrolysates for animal feed application market?
"High production costs can impede market growth”
The high production costs of protein hydrolysates stem from the complex manufacturing process involving enzymatic or chemical hydrolysis of proteins. This results in expensive equipment, specialized expertise, and the need for quality raw materials. As a consequence, the final product's prices are elevated, hindering widespread market penetration, especially in price-sensitive markets. To address this challenge, research and development efforts are focused on optimizing production techniques and exploring alternative, more cost-effective sources of raw materials to make protein hydrolysates more accessible and commercially viable.
Segmentation: Global Protein Hydrolysates for Animal Feed Application Market
The global protein hydrolysates for animal feed application market is segmented on the basis of source, form, livestock, technology, and application.
- On the basis of source, the protein hydrolysates for animal feed application market is segmented into Animal Protein Hydrolysate, protein hydrolysates for animal feed application, plant protein hydrolysate, and milk protein hydrolysate
- On the basis of form, the protein hydrolysates for animal feed application market is segmented into powder and paste
- On the basis of livestock, the protein hydrolysates for animal feed application market is segmented into poultry, swine, cattle, calves, Aquaculture, equine, and pet
- On the basis of technology, the protein hydrolysates for animal feed application market is segmented into acid hydrolysis and enzymatic hydrolysis
- On the basis of application, the protein hydrolysates for animal feed application market is segmented into industrial and commercial
Regional Insights: Asia-Pacific dominates the Global Protein Hydrolysates for Animal Feed Application Market
Asia-Pacific's dominance in the protein hydrolysates for animal feed application market can be attributed to the health consciousness of Chinese consumers. With a growing emphasis on healthy diets and nutrition, Chinese consumers have shown a preference for animal protein hydrolysates due to their high-quality and bioavailable amino acids. This demand drives the market in the region. Additionally, the large population and expanding livestock industry in Asia-Pacific contribute to the market's growth and dominance in the region.
Germany's dominance in the European protein hydrolysate market is driven by its growing poultry sector. With a focus on enhancing poultry nutrition and productivity, German farmers and feed manufacturers are increasingly incorporating protein hydrolysates in poultry feed. These feed additives provide essential amino acids and peptides, optimizing poultry health and performance. The resulting increase in poultry production further boosts the demand for protein hydrolysates. As a key player in the European poultry industry, Germany's influence on the market significantly contributes to its dominance in the region.
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Recent Developments in Global Protein Hydrolysates for Animal Feed Application Market
- In 2022, The coast-wide quota for Atlantic menhaden was increased by 20% to 233,550 metric tonnes by a unanimous vote of the Atlantic States Marine Fisheries Commission (ASMFC). The most recent and superior menhaden science favors the Commission's decision, which the Omega Protein Foundation supports. Establishing a sizable buffer to guarantee that the target harvest rate is not exceeded, the ASMFC continued conservatively managing the Atlantic menhaden resource with this choice.
- In 2020, A 12-week feeding trial was conducted by Bio-marine Ingredients Ireland Ltd. in partnership with the Irish Research Council's Enterprise Partnership to examine the effects of low-fishmeal diets/high plant-protein diets, with and without FPH supplementation, on freshwater Atlantic salmon growth performance and gut health. The company anticipates that the findings of this most recent study will create new opportunities for the market for sustainable aquaculture feed.
The Prominent Key Players Operating in the Global Protein Hydrolysates for Animal Feed Application Market Include:
- Hofseth BioCare ASA (Norway)
- Diana Group (Brittany)
- Bio-marine Ingredients Ireland (Ireland)
- Copalis (France)
- Janatha Fish Meal & Oil Products (India)
- Scanbio Marine Group AS (Norway)
- Sopropêche (France)
- Omega Protein Corporation (U.S.)
- Sociedad Pesquera Landes Sa (Chile)
- TC Union Agrotech
- United Fisheries (Thailand)
Above are the key players covered in the report, to know about more and exhaustive list of global protein hydrolysates for animal feed application market companies contact, https://www.databridgemarketresearch.com/es/contact
Research Methodology: Global Protein Hydrolysates for Animal Feed Application Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by dbmr research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, global vs regional and vendor share analysis. Please request analyst call in case of further inquiry.
