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Animal Feed Protein Market Share

Report ID: GMI5166
Published Date: Sep 2024
Report Format: PDF

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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 Limted Company
Sojaprotein
The Scoular Copmany
Cargill Inc.
Nutraferma LLC
Evershining Ingredients
Imcopa Food Ingredients B.V.
CJ Selecta
Crescent Biotech
Deep Branch Biotechnology
Unibio Group
Kerry Group

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Animal The market size of animal feed protein reached USD 309 billion in 2023 and will grow at 4.9% CAGR between 2024 and 2032, fueled by increasing global demand for meat and dairy products, which necessitates high-quality feed to enhance livestock productivity.

The cattle segment will reach over USD 75 billion by 2032, propelled by the high demand for beef and dairy products globally.

Europe market will witness 3% CAGR through 2032, attributed to the well-established livestock sector and high demand for quality meat and dairy products.

AB Mauri, Archer Daniels Midland Company, Angel Yeast, Titan Biotech Limited Company, Sojaprotein, The Scoular Company, Lallemand Inc., Ynsect, Cargill Inc., Imcopa Food Ingredients B.V., Nutraferma LLC, E.I. DuPont De Nemours and Company, Nordic Soya Oy, Evershining Ingredients, Unibio Group, Calysta Inc., Kerry Group, and Crescent Biotech among others.