Global Fermented Feed Ingredients Market, By Ingredients (Amino Acids, Vitamins and Minerals, Enzymes, Organic Acids, Probiotics and Prebiotics, Carotenoids and Others), Livestock (Poultry, Swine, Ruminant and Others), Form (Dry and Liquid), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Fermented Feed Ingredients Market
Data Bridge Market Research analyses that the global fermented feed ingredients market to account USD 30.105 billion by 2029 growing at a CAGR of 9.20% in the forecast period of 2022-2029. Significant surge amongst farmers and authorities on maintaining better animal health is acting as the major driver for the expansion of fermented feed ingredients market in the above mentioned forecasted period.
Fermented feed ingredients are various food ingredients and products that have been fermented in various ways to improve the nutritional intake and nutritional content of feed consumed by livestock and other animals. Because the outer hull is broken down and the inner food products of these ingredients can be easily digested, these feed ingredients are digested more efficiently and effectively.
The fermented ingredients market is expanding due to increased awareness of the health benefits associated with the consumption of fermented ingredients, as well as increased sales of fermented food and beverage products. Because of the growing demand for easy food preservation and low-cost procurement, manufacturers of food and beverage products are seeing a significant increase in the use of fermented ingredients in food production processes. As a result, the market is growing.
The increase in global consumption of animal proteins, combined with the cost-efficiency achieved through the use of this technological method of product development, is acting as a market driver for the fermented feed ingredients market. Surge in adoption of fermented ingredients in cosmetics products and skincare will further contribute to the overall market growth of global fermented ingredients market.
However, the factors that are restraining the increase of the marketplace are easy availability of merchandise substitutes; as well numerous number of market players will cause a barrier towards market growth.
This fermented feed ingredients market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fermented feed ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fermented Feed Ingredients Market Scope and Market Size
Fermented feed ingredients market is segmented on the basis of ingredients, livestock and form. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of ingredients, the fermented feed ingredients market is segmented into amino acids, vitamins and minerals, enzymes, organic acids, probiotics and prebiotics, carotenoids and others.
- Fermented feed ingredients market is also segmented on the basis of livestock into poultry, swine, ruminant and others.
- On the basis of form, the fermented feed ingredient market is segmented into dry and liquid.
Fermented Feed Ingredients Market Country Level Analysis
The fermented feed ingredients market is analyses and market size, volume information is provided by country, product, ingredients, livestock and form as referenced above.
The countries covered in the fermented feed ingredients market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America accounted for the majority of the global fermented feed ingredients market. This region's dominance can be attributed to the consumer's high awareness of the nutrition and health benefits of food products in the United States and Canada. Increasing consumer preference for high protein diets for bodybuilding and overall well-being Branched Chain Amino Acids (BCAAs), which include valine, leucine, and isoleucine, are increasingly being used in performance nutrition solutions. Consumers in the United States are more aware of the health benefits of amino acids and the sources of these acids. Because of their clean label properties, plant-based amino acids have emerged as a preferred source. Furthermore, fermentation-derived polymers are used in a variety of applications, and manufacturers are working to develop new products.
The country section of the fermented feed ingredients market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fermented Feed Ingredients Market Share Analysis
The fermented feed ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fermented feed ingredients market.
Some of the major players operating in the fermented feed ingredients market are Balchem Inc., DSM, ADM, HARVEST FUEL INC / SWEETPRO FEEDS, BASF SE, Evonik Industries AG, AJINOMOTO CO.,INC., Chr. Hansen Holding A/S, Bluestar Adisseo Co., Ltd., Cargill, Incorporated, Novozymes, Nutreco, NOVUS INTERNATIONAL, Lonza, Kerry Inc., Alltech, AB Vista, AngelYeast Co., Ltd., Kemin Industries, Inc., CJ CheilJedang Corp., Lallemand Inc. and Fermented Nutrition Corporation among others.
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