Animal Feed Protein Ingredients Market Projected to Exhibit a CAGR of 5.7% Owing to Increasing Applications in Livestock Feed Industry

The Global Animal Feed Protein Ingredients Market was USD 154 Billion in 2019 and it is expected to grow during the projected period at a CAGR of 5.7 percent. Protein from animal feed is an important food for feeding of all species. Rising government programs to support agricultural enterprises have boosted investment in agricultural enterprises. This will also help to tackle rising food demand, which will fuel the need for protein ingredients for animal feed. In addition, the growing desire for high protein intake from food products has raised the appetite for meat and refined meat, which can also give this market a positive boost. In addition, increasing animal feed usage would increase the content of protein and improve consistency. High meat consumption has resulted in decreasing conventional and cultural obstacles assisted by increasing fast food chains. This will accelerate the advancement of the industry forward.

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Major Influences Driving the Global Animal Feed Protein Ingredients Market:

  1. The industry is segmented into oilseed meals, fish meals, and animal by-products, depending on offerings. Soymeal, a food made from the most common oilseed soybean, has the largest volume of crude protein of all protein sources.
  2. Therefore, the largest importer of soya beans is in great demand, especially in China. This in essence, would provide more data than would justify the rise of the market.
  3. In 2019, Asia Pacific controlled the worldwide market for animal feed protein ingredients in terms of sales due to the involvement of leading players in the region, commodity advances for the introduction of alternate protein sources and the availability of state funding.
  4. In addition, increasing demand for food and even fuel proteins for animal feed in India, Japan, and China are making a major contribution to the regional industry.
  5. In addition, during the projected period, direct investment and direct government intervention in dietary fibers are expected to further propel market growth.

The Animal Feed Protein Ingredients Market report explores global business prospects and evaluates competitive conditions for Animal Feed Protein Ingredients Market size estimation and forecasts, which are determined based on a detailed research to gauge the environment of the Animal Feed Protein Ingredients market. The demand has been analyzed to offer accurate estimations of the industry size. Crucial factors impelling the growth of the global market and driving its demand have been established to determine potential significance.

Global Animal Feed Protein Ingredients Industry Study Offers:

  1. An overview of a thorough analysis of the global Animal Feed Protein Ingredients Market and related technologies
  2. Identification of new market opportunities and targeted consumer marketing strategies for the global Animal Feed Protein Ingredients Market
  3. Demand for new applications with new technologies and breakdown in the Animal Feed Protein Ingredients Market
  4. Exhaustive scope to cover all the possible segments helping every stakeholder in the Animal Feed Protein Ingredients market
  5. Company profiles of significant players in the Animal Feed Protein Ingredients Market

The Animal Feed Protein Ingredients Market study offered by the professionals’ offers an extensive market evaluation with established segments such as product type, application, and region. Every component of the different segment of the Animal Feed Protein Ingredients market along with its sub-segments is deliberated comprehensively based on their market share, growth scenarios, and CAGR. In each market segment, quantitative information and qualitative analysis is offered with detailed information for presenting a complete Animal Feed Protein Ingredients Market outlook.

Major corporations functioning in the global Animal Feed Protein Ingredients market are Alltech, Dupont, ADM, CHS, Burcon, Nutrascience Corporation, Hamlet Proteins, Catalysts, Koninklijke DSM N.V., Nutraferma LLC, Titan Biotech and Proliver.

Market Segmentation:

By Product

  • Oilseed Meals
    • Soymeal
    • Rapeseed
    • Sunflower Meal
    • Copra Palm Meal
    • Cotton seed Meal
    • Other
  • Fishmeal
  • Animal By- Product Meals
    • Meat & Bone Meal
    • Feather Meal
    • Blood Meal
    • Poultry Meal
    • Meat Meal

By Livestock

  • Poultry
    • Broiler
    • Layer
    • Turkey
    • Others
  • Swine
    • Starter
    • Grower
    • Sow
  • Cattle
    • Dairy
    • Calf
    • Others

By Region:

  • North America Animal Feed Protein Ingredients Market
    • By Country (US, Canada, Mexico)
    • By Product
    • By Livestock
  • Europe Animal Feed Protein Ingredients Market
    • By Country (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
    • By Product
    • By Livestock
  • Asia Pacific Animal Feed Protein Ingredients Market
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product
    • By Livestock
  • Middle East & Africa Animal Feed Protein Ingredients Market
    • By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
    • By Product
    • By Livestock
  • South America Animal Feed Protein Ingredients Market
    • By Country (Brazil, Argentina, Colombia, Rest of South America)
    • By Product
    • By Livestock

 

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