Global Animal Feed Protein Ingredients Market Size To Exceed USD 275.5 Billion By 2035 | CAGR Of 8.81%
Category: Food & BeveragesGlobal Animal Feed Protein Ingredients Market Size To Exceed USD 275.5 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global Animal Feed Protein Ingredients Market Size is expected to Grow from USD 253.2 Billion in 2024 to USD 275.5 Billion by 2035, at a CAGR of 8.81% during the forecast period 2025-2035.
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Browse key industry insights spread across 200 pages with 100 Market data tables and figures & charts from the report on the “Global Animal Feed Protein Ingredients Market Size, Share, and COVID-19 Impact Analysis, By Source (Animal and Plant), By Product Type (Meat Bone Meal, Hydrolyzed Feather Meal, Poultry Meal, Blood Meal, Fish Meal, and Others), By Application (Livestock, Poultry, Aquaculture, Pet Food, Equine, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/animal-feed-protein-ingredients-market
The animal feed protein ingredients market refers to the industry encompassing the need for proteins used in animal feed, which are essential for animal health, growth, and overall well-being. There is a global need for animal-based products, including meat and dairy, which is driving the need for high-quality feed ingredients to boost livestock productivity. The rising awareness about the extrinsic quality of meat is anticipated to create new market growth opportunities for animal feed protein ingredients. The growing need for livestock products, consumer awareness about the nutritional benefits of animal proteins, and advancements in feed technology are driving the market. On the contrary, the restrictions on fish catching affecting fish meal production, as well as stringent feed regulatory compliance, are challenging the market growth for animal feed protein ingredients.
The plant segment dominated the animal feed protein ingredients market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the source, the animal feed protein ingredients market is divided into animal and plant. Among these, the plant segment dominated the animal feed protein ingredients market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The growing preference for plant-based protein ingredients, along with the businesses’ surging efforts for commercialization, is driving the market in the plant segment.
The poultry meal segment accounted for the largest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the product type, the animal feed protein ingredients market is divided into meat bone meal, hydrolyzed feather meal, poultry meal, blood meal, fish meal, and others. Among these, the poultry meal segment accounted for the largest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The presence of prominent poultry exporters is increasing the need for protein-rich animal feed, thereby driving the animal feed protein ingredients market in the poultry meal segment.
Asia Pacific is expected to hold the majority share of the global animal feed protein ingredients market during the forecast period.
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Asia Pacific is expected to hold the majority share of the global animal feed protein ingredients market during the forecast period. The growing awareness about healthy lifestyles, along with an expanding population, is significantly driving the animal feed protein ingredients market. In addition, the growing livestock population and technological advancements in feed formulation are promoting the market for animal feed protein ingredients.
North America is anticipated to grow at the fastest pace in the global animal feed protein ingredients market during the forecast period. The availability of diverse products catering to diverse tastes and consumer preferences is driving the market demand. In addition, the adequate consumption of protein that aids in managing stress, improving immunity, and reducing hunger and body fat results in escalating market growth.
Europe is anticipated to hold a significant share of the animal feed protein ingredients market during the projected timeframe. The growing popularity of baked products, low-fat foods, and dairy products is significantly driving the market for animal feed protein ingredients. The increasing focus on more sustainable, innovative protein sources in animal feed is contributing to enhancing the market growth.
Major vendors in the global animal feed protein ingredients market are Ingredion, Kerry Group, Royal FrieslandCampina N.V., Sodilaal International, ADM, Lactalis Group, Hilmar Ingredients, Glanbia plc, Cargill, Incorporated, AMCO Proteins, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In June 2022, Innovafeed and Cargill extended their partnership to bring healthy novel ingredients to aquafarmers. The aquaculture industry is focused on its role in ocean stewardship and addressing the sustainability of food systems.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the animal feed protein ingredients market based on the below-mentioned segments:
Global Animal Feed Protein Ingredients Market, By Source
- Animal
- Plant
Global Animal Feed Protein Ingredients Market, By Product Type
- Meat Bone Meal
- Hydrolyzed Feather Meal
- Poultry Meal
- Blood Meal
- Fish Meal
- Others
Global Animal Feed Protein Ingredients Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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