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How has the animal feed protein market grown over the years?

In recent times, the animal feed protein market has experienced consistent expansion. Its anticipated progression from $299.02 billion in 2024 to $312.29 billion in 2025, representing a compound annual growth rate (CAGR) of 4.4%, can be attributed to several factors. These include increased consumption of animal products, population expansion, urbanization, intensified livestock farming, specific nutritional necessities of livestock, and the global expansion of the livestock industry.

What Is the forecasted market size and growth rate for the animal feed protein market?

In the upcoming years, a consistent expansion is projected for the roads and highways market with predictions placing it at $879.21 billion in 2029, while growing at a compound annual growth rate (CAGR) of 4.9%. This forecasted growth can be linked to the implementation of intelligent transportation systems, enduring and green infrastructure practices, infrastructure resilience, the rise of electric vehicles (EVs) usage, and the merger of autonomous vehicles. Future trends for the anticipated forecast period involve cooperation between public and private entities (PPPs), integration of smart infrastructure and technologies, emphasis on sustainable and environment-friendly practices, usage of advanced materials, and increased focus on safety precautions.

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What are the major factors driving growth in the animal feed protein market?

The surge in meat product consumption is projected to stimulate the expansion of the animal feed protein market in the future. Raw materials expected to experience this growth come from the refining of livestock or similar entities. This type of protein is given to animals to boost their protein intake as it is of high quality and contributes to muscle development and nutritious diets which ensure the animals stay healthy. These diets subsequently enhance the quality of meat, milk, or eggs. For example, the Agriculture Outlook 2022-2031 report published in July 2022 by a U.S. based intergovernmental organization, disclosed a 5% increase in global meat production in 2021, summing up to an estimated 339 million metric tons. This growth was primarily attributed to a notable 34% boost in pig meat production in China. Hence, the rising demand for meat products is accelerating the progress of the animal feed protein treatment market.

What key areas define the segmentation of the global animal feed protein Market?

The animal feed protein market covered in this report is segmented –

1) By Product: Plant Protein, Animal Protein, Alternative Protein

2) By Livestock: Poultry, Swine, Cattle, Aquaculture, Petfood, Equine

3) By Form: Dry, Liquid

Subsegments:

1) By Plant Protein: Soy Protein, Pea Protein, Wheat Protein, Corn Protein, Sunflower Protein

2) By Animal Protein: Fish Meal, Meat and Bone Meal, Blood Meal, Dairy Protein, Egg Protein

3) By Alternative Protein: Insect Protein, Single-Cell Protein, Mycoprotein (fungal protein), Fermentation-Derived Proteins

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What are the top market players propelling the growth of the animal feed protein industry?

Major companies operating in the animal feed protein market include Cargill Incorporated, Archer Daniels Midland Company, Tyson Foods Inc., CHS Inc., Smithfield Foods, Inc., DuPont de Nemours Inc., Wens Foodstuff Group, Kerry Group PLC, BRF S.A., Nutreco N.V., Darling Ingredients Inc., Glanbia PLC, Industrias Bachoco, S.A. de C.V., ForFarmers NV, Hilmar Cheese Company Inc., Purina Mills LLC, Purina Animal Nutrition LLC, Hamlet Protein A / S, Nordic Soya Oy, Jellice Pioneer Private Limited, Pecuarius Laboratorios SA de CV, ADM Alliance Nutrition Inc., Aller Aqua A/s, Alltech Inc., Biomin, Charoen Pokphand Group, CP Group, De Heus a.s., Guangdong Haid Gr Co, New Hope Group, Sonac USA LLC

What are the key trends shaping the future of the animal feed protein market?

The animal feed protein market is seeing a surge in popularity of product innovation as a significant trend. The foremost companies in this market are shifting their attention to the creation of novel solutions to solidify their market standing. For instance, Evonik Industries AG, a chemical company based in Germany, in June 2, 2023, introduced an enhanced version of their Biolys product, a crucial feed additive for livestock, in a bid to consolidate their position in the animal nutrition market. By offering a more effective source of L-lysine, an indispensable amino acid for livestock, they aim to fortify their market presence. The updated formulation sports an increased L-lysine concentration of 62.4%, thus optimizing nutrient supply and meeting the nutritional needs of animals with less product.

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What regions are dominating the animal feed protein market growth?

Asia-Pacific was the largest region in the animal feed protein market in 2024. The regions covered in the animal feed protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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