Global Animal Feed Protein Ingredients Market, By Source (Plant, Animal), Product (Oilseed Meals, Fishmeals, Animal by-products), Livestock (Poultry, Swine, Cattle, Aquaculture, Pet Food, Equine, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, 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 of Animal Feed Protein Ingredients Market
The animal feed protein ingredients market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the animal feed protein ingredients market will project a CAGR of 6.00% for the forecast period of 2022-2029.
Animal feed protein ingredients are basically the ingredients that consist of protein and aids in the provision of amino acids to animals. The protein is vital for developing and maintaining muscles and other body tissues. Amino acids produce these, which aid in secretion enzymes and hormones necessary for proper body function. Amino acid deficiency causes health problems in livestock, lowering performance and productivity.
The factors such as increasing livestock production and rising production of the fish meal, growing demand for the meat products are the major factors fostering the growth of the animal feed protein ingredients market in the forecast period of 2022 to 2029. Additionally, the Increasing consumer concern about the quality of meat and growing demand for animal protein among population are other important factors acting as animal feed protein ingredients market growth determinants. Moreover, the factors such as the increasing usage of coloring agent along with the growing demand for herbal cosmetics products coupled with increasing use of turmeric in cosmetic products are estimated to accelerate the overall growth of the market in the forecast period of 2022 to 2029. However, the stringent feed regulatory compliances is supposed to hamper the market’s growth. Moreover, strict rules and norms associated with the fish catching and feed compliance are expected to impede market’s growth.
Furthermore, the growing consumer awareness relating to the extrinsic quality of meat will further generate various profitable opportunities for the animal feed protein ingredients market. On the flip side, the issues such as worker shortages, increased production costs, and lack of operating capital due to the outbreak of COVID-19 might also pose as a major challenge for the market growth rate.
This animal feed protein 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 localized 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 animal feed protein 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 Animal Feed Protein Ingredients Market Scope and Market Size
The animal feed protein ingredients market is segmented on the basis of source, product and livestock. The growth among segments helps you analyze 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 source, the animal feed protein ingredients market is segmented into plant and animal.
- On the basis of product, the animal feed protein ingredients market is segmented into oilseed meals, fishmeal, and animal by- products. The oilseed meals segment is further divided into soymeal, rapeseed /canola, sunflower meal, copra palm meal, cottonseeds meal, and other. Animal by- products segment is further divided into meat and bone meals, feather meals, blood meals, poultry meals and meat meals.
- The livestock segment of the animal feed protein ingredients market is divided into poultry, swine, cattle, aquaculture, pet food, equine and others. Poultry segment is further divided into broiler, layer, turkey and others. Swine segment is divided into sow, grower and starter. Cattle segment is further divided into dairy, calf, and other.
Animal Feed Protein Ingredients Market Country Level Analysis
The animal feed protein ingredients market is analyses and market size, volume information is provided by source, product and livestock as referenced above.
The countries covered in the animal feed protein 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).
Asia-Pacific region dominates the animal feed protein ingredients market and will continue to flourish its trend of dominance during the forecast period owing to the increasing consumption of meat in the region and growing concern associated with the meat quality within the region in the forecast period of 2022 to 2029. North America, on the other hand is expected to show lucrative growth due to the presence of major cattle farms along with strong preference for animal-based protein supplements among population in the region.
The country section of the animal feed protein 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 Animal Feed Protein Ingredients Market Share Analysis
The animal feed protein 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 animal feed protein ingredients market.
Some of the major players operating in the animal feed protein ingredients market report are HAMLET PROTEIN, DuPont, ADM, CHS Inc., BRF Global, Burcon, CropEnergies AG, Evershining Ingredient Co., Ltd., Imcopa Food Ingredients B.V., Victoria Group, Calysta, Inc., Titan Biotech., Janatha Fish Meal & Oil Products, Alltech., Prinova Group LLC, SOPROPECHE, Bio-marine Ingredients Ireland Ltd., and Haarslev among others.
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