Animal Feed Protein Ingredients Market To Reach US$ 245 Billion By 2028; The surge in the demand for meat products Positively Impacted the Market

• admin@insureinsights
• April 18, 2022
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“Animal Feed Protein Ingredients Market, Size, Share, Opportunities Analysis, By Product (Oilseed meals, Fish meals, Animal by-products), By Livestock (Poultry, Swine, Cattle, Other) and By Region regional forecast, 2020-2028.”

The global Animal Feed Protein Ingredients market is anticipated to expand at a CAGR of 6.1% between 2020 and 2027 and earn around US$ 245 billion by 2027. One of the major drivers of the global Animal Feed Protein Ingredients market is the upsurge in the rate of consumption of meat and increase in demand for high-quality meat across the globe.

The increase in the government initiatives for the promotion of agribusiness and technological advancements for the same have escalated the market

Key trends of the global Animal Feed Protein Ingredients market

• The Asia Pacific region has held the highest share in the regional market owing to the rise in the consumption of meat, and the growing focus on high-quality meat. The growth in the population especially in the developing economies and the rise in globalization have further contributed to the regional growth.
• The increase in the prevalence of nutritional deficiency in livestock’s have anticipated boosting the market
• In terms of Product, Oilseed meals have held the highest share in the market, as they are widely given to the livestock like poultry, chicken, swine, and cattle feeds, etc., as it helps in increasing the feed intake and delivers energy, and improves the health of the livestock
• Based on the Livestock, the, Poultry segment has held the highest market share in owing to the rise in the demand for Protein around the world.

The vendor landscape of the global Animal Feed Protein Ingredients market is expected to stay moderately fragmented as a number of players are competing against each other. Animal Feed Protein Ingredients companies mainly focus on new products launches, and in the acquisition, etc. HAMLET PROTEIN, DuPont, DSM, Arla Foods, CropEnergies AG, Evershining Ingredient Co., Ltd., and Imcopa Food Ingredients B.V. are important players of the global Animal Feed Protein Ingredients market.

Table of Segmentation:

ATTRIBUTE	DETAILS
Study Period	2019-2028
Unit	Value (USD Billion)
Market scope	By Product ·       Oilseed meals ·       Fish meals ·       Animal by-products
	By Livestock ·       Poultry ·       Swine ·       Cattle ·       Other
	By Region ·       North America (U.S., Canada, and Mexico) ·       Europe (U.K., France, Italy, Spain, Germany, Russia, and the Rest of Europe) ·       Asia-Pacific (China, India, Japan, Australia, and the Rest of Asia- Pacific) ·       South America, Middle East & Africa (Brazil, South Africa, UAE, and the Rest of the region)