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Animal Feed Microbial Protein Market Share

Report ID: GMI5616
Published Date: May 2023
Report Format: PDF

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Animal Feed Microbial Protein Market Share

Some of the key players profiled in the animal feed microbial protein market report include

Avecom
Calysta Inc
KnipBio
Quorn Foods
Alltech
Arbiom
Lonza Group
AG CHEMI group
IPK Gatersleben
Nutreco N.V.
Biomin Holdings Gmbh
Quality Liquid feeds
Devenish Nutrition Limited

These companies are investing heavily in R&D to develop new and innovative microbial protein products for animal feed.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of animal feed microbial protein was valued at USD 140 million in 2022 and will progress at over 8% CAGR between 2023 and 2032, propelled by the growing demand for sustainable and cost-effective alternatives to traditional protein sources.

The poultry segment is poised to be worth USD 185 million by the end of 2032, as a result of its benefits such as improved growth, enhanced gut health, reduced dependence on antibiotics, and better egg quality in poultry animals.

The bacteria segment will witness over 8% CAGR from 2023 to 2032, owing to its effective price, efficiency, and safety in various animal feed applications.

The Asia Pacific market is slated to depict more than 9% CAGR through 2032, on account of the augmented population and changing dietary patterns in the region.