Feed Fats and Proteins Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DM2345 | Last Updated On: Oct 26 2022 | Available Formats

> Global Feed Fats and Proteins Market Expected to reach at a high CAGR by 2029: DataM Intelligence

Global Feed Fats and Proteins Market is segmented By Source (Plant (Soybean, Corn, Pea, Wheat, Others), Animal (Poultry Meal, Meat & Bone Meal, Blood Meal, Feather Meal, Others), Others), By Feed Type (Poultry Feed, Cattle Feed, Swine Feed, Aqua Feed, Pet Food, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

The Global "Feed Fats and Proteins Market" is expected to grow at a high CAGR during the forecasting period (2022-2029).

Feed Fats and Proteins Market insights

Metrics

Details

Market CAGR

High

Segments Covered

By Source,  By Feed Type and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Additives are an integral part of the animal feed industry in that the overall feed quality and well-being depend highly on the safety and nutritional content of the additives. Fats and proteins are vital derived from several animal by-products and plant sources. These are used as effective ingredients in animal feed and pet food due to their high nutritional content. Animal by-products such as meat and bone meal, blood meal, fish meal, poultry meal, hydrolyzed feather meal, and animal fats have high nutritional value. These are considered as the concentrated source of protein, amino acids, vitamins, and several essential minerals. The rendering of these products by heat processing produces digestible protein for the production of animal feed.

Market Dynamics:

The rising awareness towards the role of nutritional feed products in the animal's overall well-being is the primary factor for the growth of the global feed fats and proteins market. Feeding with adequately nutrified feed enhances the quality of meat, milk, and overall produce. With the growing demand for meat and consumer interest towards its safety, several nutritional standards were set for poultry and cattle feed, thus driving the need for protein-rich ingredients. The rendering industry's hygiene and better purification technologies boost animal protein and fat in processed food products. However, the restrictions imposed on the animal protein used in cattle and other ruminant animals restrict the market growth.

Market Segmentation:

The global feed fats and proteins market is broadly categorized into animal-based and plant-based, depending on the primary source of production. Plant-sourced proteins dominate the global market due to the greater utilization rate in pet food, cattle, and other ruminant feed. The demand for natural plant-based feed ingredients has increased with rising preference from livestock growers and pet owners. Moreover, the restrictions and bans imposed on the use of several animal-derived proteins are surging plant-based ingredients' growth. Soybean, corn, wheat, and pea are the major sources of fats and proteins for feed production.

By geography, the North American region leads the global feed fats and proteins market with nearly 40% in 2018. The well-established demand for feed premixes and nutrified feed in the U.S. is likely to help North America hold its dominance over the forecast period. The Asia Pacific is witnessing a significant growth rate due to the rising adoption of high protein aquafeed in India, Vietnam, and Indonesia. Asia Pacific region accounted for nearly 70% of the global aquafeed production in 2018.

The global feed fats and proteins market is highly fragmented with a large number of companies. Most animal nutrition companies are providing superior quality fats and proteins for the feed industry. Agrana Group, Darling International Inc., BRF S.A, Land O'Lakes, Inc., Bunge Ltd., Smithfield Foods, Nutricorn Co., Limited, and Tyson Foods, Inc. are some of the leading players in the market.

Why Purchase the Report?

  • Understand the current market scenario and viability of feed fats and proteins over the forecast period.
  • Visualize the composition of the global feed fats and proteins market in terms of source and feed type to identify major players, growth potential, and market strategies
  • Identify the key regulations prevailing in the market and understand their impact on the forecast period.
  • Understand the key business factors such as market competition, product pricing, new product developments, and patent filings about the market

What we offer?

  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Excel data sheet with valuable data points of the global feed fats and proteins market – regional and country-level segmentation
  • Product mapping in excel for the key products of all major market players
  • Market share analysis covering business revenues ($) and revenue share (%) of key market players

Target Audience:

  • Animal Feed Manufacturers
  • Feed Type Growers and Pet Owners
  • Animal Nutrition Associations
  • Feed Additive Suppliers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals

Frequently Asked Questions

What is the Projected CAGR value of the Feed Fats and Proteins Market?

Feed Fats and Proteins Market is expected to grow at a CAGR of high during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Feed Fats and Proteins Market during 2022-2029.

Which is the fastest growing region in the Feed Fats and Proteins Market?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period.

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