Feed Fats And Protein Market
Feed Fats & Protein Market Forecasts to 2030 - Global Analysis By Type (Feed Fats and Feed Proteins), Source (Animal-based Sources, Plant-based Sources, Microbial Sources, Marine Sources and Other Sources), Processing Method, Application, End User and By Geography
According to Stratistics MRC, the Global Feed Fats & Protein Market is accounted for $7.93 billion in 2023 and is expected to reach $12.99 billion by 2030 growing at a CAGR of 7.3% during the forecast period. Feed fats are lipid supplements added to animal diets to provide concentrated energy. These fats serve as a dense source of calories, aiding in meeting the energy requirements of livestock for growth, reproduction, and maintenance. Protein supplements in animal feed are sources of amino acids crucial for growth, muscle development, and overall health. These proteins complement the dietary protein intake to ensure animals receive adequate nutrition for optimal performance and health.
According to the Food and Agriculture Organization (FAO), India's cattle population has grown from 191.9 million in 2018 to 193.2 million in 2021. In addition, milk production in densely populated countries like India reached 108.3 million metric tons in 2021, reflecting a substantial 20.6% increase from the figures recorded in 2018.
Market Dynamics:
Driver:
Growing awareness of animal nutrition
With a growing emphasis on animal nutrition among farmers and producers, there's a heightened need for superior feed components containing ample fats and proteins to elevate animal growth and productivity. Additionally, discerning consumers prioritize products sourced from animals fed with nutritionally rich diets, encouraging the adoption of high-quality feed fats and proteins in animal feed compositions. This heightened awareness stimulates a surge in demand for specialized feed supplements, fostering innovation and market development.
Restraint:
Stringent health and safety regulations
Stringent health and safety regulations in feed fats & protein are necessary to ensure product quality, labeling accuracy, and traceability, safeguarding animal and human health. Meeting rigorous standards requires significant resources and time, limiting market access for non-compliant products and potentially stifling innovation. Additionally, adherence to regulations may elevate prices, reducing market competitiveness and demand.
Opportunity:
Growing meat consumption in emerging economies
As people in emerging economies experience rising incomes and urbanization, there is a shift towards diets rich in animal products. This trend drives the need for higher quantities of livestock feed, which contain fats and proteins essential for animal growth and development. Consequently, feed manufacturers and suppliers must meet the increased demand by producing and distributing a greater volume of feed fats and proteins. This results in expansion opportunities for companies involved in the production, processing, and distribution of feed ingredients, driving growth in the feed fats and protein market.
Threat:
Competition from plant-based alternatives
Competitive plant-based alternatives for feed fats & protein include soybean meal, pea protein, and canola meal. These alternatives offer sustainable and cost-effective sources of essential nutrients, diverting demand from traditional animal-derived ingredients. As consumers increasingly prioritize sustainability and ethical considerations, the market faces the challenge of adapting to meet changing preferences. This shift reduces demand for conventional feed fats & protein, impacting market growth and prompting the need for innovation and diversification.
Covid-19 Impact
The covid-19 pandemic disrupted the feed fats and protein market, initially causing supply chain disruptions and logistical challenges. Lockdown measures led to labor shortages, affecting production and distribution. Reduced consumer spending impacted demand for meat and dairy, affecting feed ingredient requirements. Fluctuating commodity prices and currency devaluations added to market uncertainty. Increased consumer focus on health and nutrition also drove demand for high-quality animal products, stimulating the market's recovery.
The growth promoters segment is expected to be the largest during the forecast period
The growth promoters segment is estimated to have a lucrative growth. Feed fats and proteins are essential components of animal diets, providing energy, amino acids, and other nutrients crucial for optimal growth and development. By incorporating specific fats and proteins into animal feed formulations, producers can enhance feed efficiency, promote weight gain, and improve overall animal performance. This strategic supplementation supports efficient livestock production practices, enabling producers to meet the growing demand for meat, dairy, and other animal products in a sustainable and cost-effective manner.
The livestock feed segment is expected to have the highest CAGR during the forecast period
The livestock feed segment is anticipated to witness the highest CAGR growth during the forecast period. Feed fats and proteins play a crucial role in livestock feed applications, providing essential nutrients for animal growth, development, and overall health. Incorporating optimal levels of fats and proteins in livestock diets ensures balanced nutrition, improves feed digestibility, and enhances animal performance. Additionally, the selection of high-quality fats and proteins in feed formulations helps to meet the specific dietary requirements of different livestock species, contributing to overall productivity and profitability in the livestock industry.
Region with largest share:
The Asia-Pacific region's feed fats and proteins market is experiencing significant growth driven by factors such as increasing meat consumption, expanding livestock production, and rising awareness of animal nutrition. Rapid urbanization and income growth in countries like China and India are fueling demand for meat and dairy products, boosting the need for feed ingredients. The region's diverse agricultural landscape offers opportunities for the production and utilization of various feed fats and proteins, driving innovation and market expansion.
Region with highest CAGR:
The North American feed fats and proteins market is characterized by steady growth, supported by a well-established livestock industry and a strong focus on animal nutrition. With a large meat-consuming population and advanced agricultural practices, the region demands high-quality feed ingredients to optimize livestock health and performance. The presence of key market players and robust research and development activities contribute to the region's position as a leader in the global feed fats and proteins market.
Key players in the market
Some of the key players profiled in the Feed Fats & Protein Market include Cargill Incorporated, Royal DSM N.V., Darling Ingredients Inc., Bunge Limited, Wilmar International Limited, Louis Dreyfus Company, Archer Daniels Midland Company, Nutreco N.V., ADM Animal Nutrition, Omega Protein Corporation, Scoular Company, Roquette Freres, Berg + Schmidt GmbH & Co. KG and Sojaprotein.
Key Developments:
In May 2023, Cargill launched plant-based patty and ground products. The new offerings are part of Cargill’s inclusive approach to the future of protein – advancing both animal and alternative protein products to meet the expected 70% growth in global demand for protein over the next 30 years.
In January 2022, Royal DSM, a global purpose-led science-based company, reveals its new integrated food & beverage operating structure which unifies three areas of DSM’s nutrition business: Food Specialties, Hydrocolloids, and part of its Nutritional Products group. The unification was made to closely align with emerging customer and market needs. DSM says the new structure will deliver a ""one-stop-shop"" of solutions for food and drink brands.
Types Covered:
• Feed Fats
• Feed Proteins
Sources Covered:
• Animal-based Sources
• Plant-based Sources
• Microbial Sources
• Marine Sources
• Other Sources
Processing Methods Covered:
• Extraction
• Purification
• Hydrolysis
• Fermentation
• Chemical Modification
• Other Processing Methods
Applications Covered:
• Energy Source
• Flavor Enhancers
• Nutrient Enhancers
• Growth Promoters
• Feed Efficiency Improvers
• Other Applications
End Users Covered:
• Livestock Feed
• Biofuels
• Cosmetics
• Pharmaceuticals
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Feed Fats & Protein Market, By Type
5.1 Introduction
5.2 Feed Fats
5.2.1 Saturated Fats
5.2.2 Unsaturated Fats
5.2.3 Trans Fats
5.3 Feed Proteins
5.3.1 Blood Meal
5.3.2 Pea Protein
5.3.3 Wheat Gluten
5.3.4 Alfalfa Meal
5.3.5 Canola Meal
6 Global Feed Fats & Protein Market, By Source
6.1 Introduction
6.2 Animal-based Sources
6.3 Plant-based Sources
6.4 Microbial Sources
6.5 Marine Sources
6.6 Other Sources
7 Global Feed Fats & Protein Market, By Processing Method
7.1 Introduction
7.2 Extraction
7.3 Purification
7.4 Hydrolysis
7.5 Fermentation
7.6 Chemical Modification
7.7 Other Processing Methods
8 Global Feed Fats & Protein Market, By Application
8.1 Introduction
8.2 Energy Source
8.3 Flavor Enhancers
8.4 Nutrient Enhancers
8.5 Growth Promoters
8.6 Feed Efficiency Improvers
8.7 Other Applications
9 Global Feed Fats & Protein Market, By End User
9.1 Introduction
9.2 Livestock Feed
9.3 Biofuels
9.4 Cosmetics
9.5 Pharmaceuticals
9.6 Other End Users
10 Global Feed Fats & Protein Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Cargill Incorporated
12.2 Royal DSM N.V.
12.3 Darling Ingredients Inc.
12.4 Bunge Limited
12.5 Wilmar International Limited
12.6 Louis Dreyfus Company
12.7 Archer Daniels Midland Company
12.8 Nutreco N.V.
12.9 ADM Animal Nutrition
12.10 Omega Protein Corporation
12.11 Scoular Company
12.12 Roquette Freres
12.13 Berg + Schmidt GmbH & Co. KG
12.14 Sojaprotein
List of Tables
1 Global Feed Fats & Protein Market Outlook, By Region (2021-2030) ($MN)
2 Global Feed Fats & Protein Market Outlook, By Type (2021-2030) ($MN)
3 Global Feed Fats & Protein Market Outlook, By Feed Fats (2021-2030) ($MN)
4 Global Feed Fats & Protein Market Outlook, By Saturated Fats (2021-2030) ($MN)
5 Global Feed Fats & Protein Market Outlook, By Unsaturated Fats (2021-2030) ($MN)
6 Global Feed Fats & Protein Market Outlook, By Trans Fats (2021-2030) ($MN)
7 Global Feed Fats & Protein Market Outlook, By Feed Proteins (2021-2030) ($MN)
8 Global Feed Fats & Protein Market Outlook, By Blood Meal (2021-2030) ($MN)
9 Global Feed Fats & Protein Market Outlook, By Pea Protein (2021-2030) ($MN)
10 Global Feed Fats & Protein Market Outlook, By Wheat Gluten (2021-2030) ($MN)
11 Global Feed Fats & Protein Market Outlook, By Alfalfa Meal (2021-2030) ($MN)
12 Global Feed Fats & Protein Market Outlook, By Canola Meal (2021-2030) ($MN)
13 Global Feed Fats & Protein Market Outlook, By Source (2021-2030) ($MN)
14 Global Feed Fats & Protein Market Outlook, By Animal-based Sources (2021-2030) ($MN)
15 Global Feed Fats & Protein Market Outlook, By Plant-based Sources (2021-2030) ($MN)
16 Global Feed Fats & Protein Market Outlook, By Microbial Sources (2021-2030) ($MN)
17 Global Feed Fats & Protein Market Outlook, By Marine Sources (2021-2030) ($MN)
18 Global Feed Fats & Protein Market Outlook, By Other Sources (2021-2030) ($MN)
19 Global Feed Fats & Protein Market Outlook, By Processing Method (2021-2030) ($MN)
20 Global Feed Fats & Protein Market Outlook, By Extraction (2021-2030) ($MN)
21 Global Feed Fats & Protein Market Outlook, By Purification (2021-2030) ($MN)
22 Global Feed Fats & Protein Market Outlook, By Hydrolysis (2021-2030) ($MN)
23 Global Feed Fats & Protein Market Outlook, By Fermentation (2021-2030) ($MN)
24 Global Feed Fats & Protein Market Outlook, By Chemical Modification (2021-2030) ($MN)
25 Global Feed Fats & Protein Market Outlook, By Other Processing Methods (2021-2030) ($MN)
26 Global Feed Fats & Protein Market Outlook, By Application (2021-2030) ($MN)
27 Global Feed Fats & Protein Market Outlook, By Energy Source (2021-2030) ($MN)
28 Global Feed Fats & Protein Market Outlook, By Flavor Enhancers (2021-2030) ($MN)
29 Global Feed Fats & Protein Market Outlook, By Nutrient Enhancers (2021-2030) ($MN)
30 Global Feed Fats & Protein Market Outlook, By Growth Promoters (2021-2030) ($MN)
31 Global Feed Fats & Protein Market Outlook, By Feed Efficiency Improvers (2021-2030) ($MN)
32 Global Feed Fats & Protein Market Outlook, By Other Applications (2021-2030) ($MN)
33 Global Feed Fats & Protein Market Outlook, By End User (2021-2030) ($MN)
34 Global Feed Fats & Protein Market Outlook, By Livestock Feed (2021-2030) ($MN)
35 Global Feed Fats & Protein Market Outlook, By Biofuels (2021-2030) ($MN)
36 Global Feed Fats & Protein Market Outlook, By Cosmetics (2021-2030) ($MN)
37 Global Feed Fats & Protein Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
38 Global Feed Fats & Protein Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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