Animal Feed Protein Market Size - By Product (Plant Protein, Animal Protein, Alternative Protein), By Livestock (Poultry, Swine, Cattle, Aquaculture, Petfood, Equine) & Forecast, 2024-2032

Animal Feed Protein Market Size

Animal Feed Protein Market size was valued at USD 309 billion in 2023 and is expected to grow at 4.9% CAGR from 2024 to 2032. This growth is largely driven by increasing demand for high-quality animal-derived products, such as meat, dairy, and eggs, as consumers seek protein-rich diets. Animal feed proteins are essential for the optimal growth and health of livestock, ensuring that animals receive the necessary nutrients to produce high-quality products. The rising research and developments in the field also support demand.
 

For instance, in January 2024, Chinese scientists pioneered an affordable technique for converting coal into protein, potentially offering a more efficient feed source for livestock compared to traditional plant-based options while utilizing only a small fraction of the land. According to reports, the Chinese Academy of Sciences (CAS) created the process.
 

Additionally, the rising focus on improving feed efficiency and the overall health of livestock is propelling the demand for protein-rich feed. With the growing global population and increasing meat consumption, the need for animal feed proteins is expected to rise, further contributing to market expansion.
 

The animal feed protein market is poised for significant growth due to the rising awareness of the importance of balanced nutrition for livestock. The increasing adoption of sustainable farming practices has also driven demand for high-quality animal feed proteins that promote animal health and enhance production efficiency. The rising partnerships between companies leading to innovations support the market.
 

For instance, in June 2022, Cargill and Delacon teamed up to establish a leading plant-based phytogenic feed additives business aimed at enhancing animal nutrition. This collaboration combined Delacon's extensive expertise in feed additives with Cargill's global reach, advancing the production of healthier, more sustainable food.
 

However, the market faces challenges such as fluctuating raw material prices and the high cost of animal feed proteins, which could restrain market growth. Additionally, concerns over the environmental impact of large-scale animal farming and protein production may lead to regulatory challenges and shifts in consumer preferences, potentially slowing market expansion. Despite these challenges, advancements in feed protein production technologies and the growing trend of precision livestock farming are expected to support the market's growth trajectory.
 

Animal Feed Protein Market Trends

The market will witness robust growth through 2032, driven by the rising demand for alternative protein sources, such as insect and algae-based proteins, as sustainable feed options. As consumers and producers become more environmentally conscious, the use of these alternative proteins in animal feed could increase.
 

Additionally, the development of customized feed solutions tailored to the specific nutritional needs of different livestock species is gaining traction. This trend is particularly evident in the dairy and poultry sectors, where optimized feed formulations are critical for maximizing productivity and ensuring animal welfare. The growing focus on animal health and welfare, in line with advancements in feed formulation technologies, is expected to drive the adoption of high-quality animal feed proteins, further fueling market growth.
 

For instance, in January 2023, At the IPPE fair in Atlanta, BASF, and Cargill announced an expansion of their collaboration, which now included the United States in their feed enzymes development and distribution agreement. This partnership aimed to deliver innovative enzyme-based solutions, providing significant value for animal feed customers.
 

Animal Feed Protein Market Analysis

The animal protein segment is expected to reach over USD 375 billion by 2032, driven by the continued demand for traditional protein sources such as meat, fishmeal, bone meal, and blood meal.
 

These animal-derived proteins are rich in essential amino acids and are crucial for the growth and development of livestock, particularly in intensive farming systems. The expanding aquaculture sector, in particular, is driving demand for fishmeal, a key ingredient in fish feed due to its high protein content and digestibility. Additionally, the increasing focus on feed efficiency and the need to reduce feed costs are prompting livestock producers to incorporate high-quality animal proteins into their feed formulations. This trend is expected to bolster the growth of the animal protein segment over the forecast period.
 

The animal feed protein market from cattle segment is poised to reach over USD 75 billion by 2032, driven by the increasing demand for high-quality beef and dairy products. The cattle industry relies heavily on protein-rich feed to support the growth, reproduction, and lactation of livestock, making animal feed proteins a critical component of cattle nutrition.
 

Additionally, the rising focus on improving the health and productivity of dairy cows is driving demand for specialized feed formulations that include high levels of protein. The growing consumer preference for organic and grass-fed beef is also influencing feed practices, with producers seeking to balance natural grazing with supplemental protein-rich feeds to ensure optimal cattle health and product quality. As the global demand for beef and dairy continues to rise, the cattle segment could be a major contributor to the growth of the market.
 

Europe held a sizable share of the animal feed protein market in 2023 and will grow at 3% CAGR from 2024 to 2032. The region's well-established livestock industry, coupled with stringent regulations on animal feed quality and safety, is driving demand for high-quality feed proteins.
 

The European Union's focus on reducing antibiotic use in animal farming has further emphasized the importance of protein-rich diets that support animal health and reduce the need for medical interventions. Additionally, the growing trend of sustainable farming practices in Europe is leading to increased adoption of alternative protein sources, such as insect-based proteins, which are considered more environmentally friendly. The region's strong focus on animal welfare and sustainability could continue driving demand for high-quality animal feed proteins, supporting market growth over the forecast period.
 

Animal Feed Protein Market Share

The demand for animal feed protein is escalating as the livestock industry seeks sustainable and efficient sources to meet growing global food needs. Companies are innovating with alternative proteins, such as insect meal and algae, to reduce reliance on traditional feed like soy and fishmeal. These efforts are driven by a focus on sustainability, cost-effectiveness, and improving animal health. Industry leaders are also investing in research and development to enhance the nutritional value of feed proteins, ensuring better growth rates and productivity in livestock. These initiatives are crucial in meeting the rising global demand for high-quality animal protein.
 

Animal Feed Protein Market Companies

Top companies operating in the animal feed protein industry include:

• Hamlet Protein A/S
• E.I. DuPont De Nemours and company
• Archer Daniels Midland Company
• Innovafeed
• Ynsect
• Nordic Soy Oy
• CHS Inc.
• Agriprotein Gmbh
• Darling Ingredient
• Angel Yeast
• Calysta Inc.
• Lallemand Inc.
• AB Mauri
• Titan Biotech Limited Company
• Sojaprotein
• The Scoular Company
• Cargill Inc.
• Nutraferma LLC
• Evershining Ingredients
• Imcopa Food Ingredients B.V.
• CJ Selecta
• Crescent Biotech
• Deep Branch Biotechnology
• Unibio Group
• Kerry Group
   

Animal Feed Protein Industry News

• In February 2024, American multinational Cargill enhanced its animal nutrition operations in Brazil, the third-largest market for the division, following the United States and China. The company teamed up with Bom Negócio from Patrocínio to increase production of its mineral supplements line for pasture-finished beef cattle.
   

The animal feed protein market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons and revenue in USD Million from 2021 to 2032 for the following segments:

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Market, By Product

• Plant Protein
• Animal Protein
• Alternative Protein

Market, By Livestock

• Poultry
• Swine
• Cattle
• Aquaculture
• Petfood
• Equine

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA