MARKET OVERVIEW
Feather meal is a byproduct of processing poultry and is made from poultry feathers by partially grinding them under elevated heat and pressure, and then grinding and drying. Feather meal is used in formulated animal feed and in organic fertilizer. Moreover, feather meal is made through a process called rendering. Steam pressure cookers with temperatures over 140 °C are used to ""cook"" and sterilize the feathers.
MARKET SCOPE
The "Global Feather Meal Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the feather meal market with detailed market segmentation by category, livestock, and geography. The report provides key statistics on the market status of the leading feather meal market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION-Based on category, the global feather meal market is segmented into organic, and conventional.
-Based on livestock, the global feather meal market is segmented into aquaculture, ruminants, poultry, and others.
Drivers:
-Increasing costs of feed raw materials and the proportional rise in the supply-demand gap for feed raw materials.
-The trend of organic food products is another key driver, which is catalyzing the demand for feather meal fertilizers.
-Increasing demand for feather meal as a protein feed for ruminant.
-Rising R&D activities drive the feather meal market.
Restraints:
-Lack of clinical evidence about the digestibility of feather meal in poultry farm animal species.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The feather meal market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the feather meal market in these regions.
IMPACT OF COVID-19 ON FEATHER MEAL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the feather meal market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from feather meal market are anticipated to lucrative growth opportunities in the future with the rising demand for feather meal in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the feather meal market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Tyson Foods, Inc.
-Sanimax Industries Inc.
-FASA Group
-Valley Proteins, Inc.
-West Coast Reduction Ltd
-J G Pears and The Environment,
-The Boyer Valley Company, Inc.
-North Country Organics
-Wudi Musen Biological Co., Ltd.
-BMG Manufacturing Investment Trading Joint Stock Company