Animal Feed Protein Ingredients Market May Rise To US$ 317.18 Billion By 2028|Says IMR
Global Animal Feed Protein Ingredients Market was valued at USD 204.24 billion in 2021 and is expected to reach USD 317.18 billion by the year 2028, at a CAGR of 6.49%.
Animal feed protein ingredients are the various substances added to animal feed to provide essential protein nutrients necessary for the growth, development, and maintenance of animals' health. Proteins are crucial components of animal diets as they play vital roles in muscle development, tissue repair, enzyme synthesis, immune function, and overall metabolic processes.
Animal feed protein ingredients are the ingredients that consist of protein and aid in the provision of amino acids to animals. Protein play important role in the productivity of farm animals. Amino acids produce these, which aid in the secretion of enzymes and hormones necessary for proper body function. Proteins in animal feed come from plant-based sources or animal-based sources. These ingredients have also been gaining importance on account of their ability to increase the nutritive value of animal feed and enhance its function ability.
Key Players In The Animal Feed Protein Ingredients Market Include:
ADM (US),DSM (Netherlands),Vigon International LLC (US),Zochem Inc (Canada),CropEnergies AG (Germany),Evershining Ingredient Co.,Ltd (Thailand),IMCOPA Food Ingredients B.V. (Netherlands),Alltech (US),HAMLET PROTEIN (US),DuPont (US),Nutreco (Netherlands),Zinpro Corp (US),Biochem Zusatzstoffe Handels (Germany),Purina Animal Nutrition LLC (US) and other major players.
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Market segmentation
By Source
· Plant-Based
· Animal-Base
· Others
By Application
· Poultry
· Aquaculture
· Cattle
· Swine
· Pet Food
· Equine
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The report provides comprehensive details about demand forecasts, market trends, and both micro and macro indicators. The Animal Feed Protein Ingredients market report also gives information about the factors that are making this market grow and the objects that are holding it back. Using tools like Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Animal Feed Protein Ingredients market, the report provides details about the market. The research also depicts current market trends and gives forecasts for 2023-2030. We've also highlighted future developments in the market that will affect the demand during the period of the forecast. Also, the competitive analysis for each regional market indicates how much of the market the top players have. We gathered information from Animal Feed Protein Ingredients manufacturers or service providers, distributors, end users, industry associations, government-industry bureaus, industry publications, third-party databases, and our databases, which were evaluated by industry experts.
Regional Analysis for COVID-19 Outbreak-Global Animal Feed Protein Ingredients Market:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Benefits for Industry Participants & Stakeholders:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Animal Feed Protein Ingredients Market
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