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Animal Feed Protein Ingredients Market Trends

Report ID: GMI2604
Published Date: Aug 2024
Report Format: PDF

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Animal Feed Protein Ingredients Market Trends

The animal feed protein ingredients industry is experiencing several notable trends. There is a growing shift towards plant-based proteins, driven by sustainability concerns and cost-efficiency. Advances in biotechnology are enhancing the nutritional profile and digestibility of feed proteins. Additionally, there is increasing demand for specialty proteins that support animal health and performance. The rise of precision nutrition is leading to more tailored feed solutions. Furthermore, regulatory pressures for environmentally sustainable practices are influencing ingredient sourcing and production methods. These trends reflect a dynamic market focused on innovation, efficiency, and sustainability in animal nutrition.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Market size for animal feed protein ingredients was USD 253.2 billion in 2023 and will expand at a 9% CAGR between 2024 and 2032, propelled by rising global meat consumption, increasing awareness of animal nutrition, and the demand for high-quality meat products.

Animal feed protein ingredients industry from the poultry segment will record USD 243.2 billion through 2032 due to the high global demand for poultry meat and eggs, driven by their affordability and widespread consumption.

Asia Pacific industry will reach USD 209 billion by 2032, owing to the region's growing livestock population and rising demand for meat and dairy products.

Key players operating in the animal feed protein ingredients industry are Nutraferma LLC, CJ Selecta, Green Labs LLC, GRF Ingredients, Janatha Fish Meal & Oil Products, Alltech, Vetbiochem Group, Nutrifish, Fenchem, Sotexpro, ATA Foods, Haarslev Processing Technology, among others.