Proteins are the macronutrients that help in building and repairing of muscles and body tissues. Lack of protein in livestock animals leads to poor health that further causes low productivity and performance. Therefore, protein rich animal feed is essential to ensure physical wellness of livestock animals. There are two primary sources of feed protein: plant based, and animal based. Products derived from these two sources such as oilseed meal, fishmeal, animal by-products meal, etc., play a vital role in the diet of livestock. They fulfill the protein requirements in livestock animals and ensure better performance and productivity.
MARKET DYNAMICS
Rising concerns about the nutritional requirements of livestock animals and increasing consumption of meat, eggs, and dairy products across the globe are the crucial factors driving the growth of feed protein market. Moreover, growing popularity of feed protein owing to their heath benefits is also anticipated to boost the market growth over the forecast period.
MARKET SCOPE
The "Global Feed Protein Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the feed protein market with detailed market segmentation by source, product, and livestock. The global feed protein market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading feed protein market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global feed protein market is segmented into source, product, and livestock. By source, the feed protein market is bifurcated into plants and animals. By product, the feed protein market is bifurcated into oilseed meal, fishmeal, animal by-product meal, and others. By livestock, the feed protein market is bifurcated into poultry, swine, ruminants, aquaculture, and others.
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 feed protein market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The feed protein 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 feed protein market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 feed protein market in these regions.
MARKET PLAYERS
The report covers vital developments in the feed protein 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 market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the feed protein market are anticipated to lucrative growth opportunities in the future with the rising demand for feed protein in the global market. Below mentioned is the list of few companies engaged in the feed protein market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the feed protein market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- DuPont
- HAMLET PROTEIN
- Archer Daniels Midland (ADM) Company
- CHS Inc.
- Burcon NutraScience Corporation
- CropEnergies AG
- Alltech Inc.
- Prinova Group LLC
- Evershining Ingredient Co., Ltd.
- Imcopa Food Ingredients B.V.
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