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What CAGR is Anticipated for the Animal Feed Protein Market During the Forecast Period, and Why?

The market size of animal feed protein has been experiencing consistent growth in the past few years. It is projected to increase from $299.02 billion in 2024 to $312.29 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 4.4%. The growth observed in the historic period can be linked to an increased demand for animal products, population growth and urbanization, intensification of livestock farming, specific nutritional demands for livestock, and the international expansion of the livestock industry.

The market size of animal feed protein is projected to witness notable expansion in the upcoming years, escalating to $391.19 billion in 2029 with a compound annual growth rate (CAGR) of 5.8%. The predicted growth in the forecast period is due to the increasing understanding of sustainable diets, transitioning to plant-based proteins, regulatory focus on livestock health, advancements in feed formulation technology and emphasis on a circular economy. As per future trends, the forecast period is expected to witness sustainable and ethically sourced feed, embracement of biotech innovations in protein production, transitioning to alternative protein ingredients, personalised protein blends for various livestock species, and utilising CRISPR technology for protein development.

What Major Innovations Are Driving the Accelerated Growth of the animal feed protein Market?

The anticipated surge in demand for meat products is predicted to drive the expansion of the animal feed protein market. Meat, a processed item, is derived from the treatment of livestock or additional processing of comparable creatures. Animal feed protein, with its superior protein quality, is utilized to enhance the protein content in animals’ diet, generally to develop muscle mass and offer highly nutritious diets. This sustains the animals’ health and elevates the quality of resulting goods such as meat, milk, or eggs. For example, the Agricultural Outlook 2022-2031 report in July 2022, by a US-based intergovernmental entity, indicated a 5% growth in global meat production in 2021, amounting to approximately 339 million metric tons. This upsurge was spearheaded by a remarkable 34% increase in pig meat production in China. Therefore, the rising demand for meat products is propelling the growth of the animal feed protein market.

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Which Companies Are Poised to Shape the Future of the Animal Feed Protein Market?

Major companies operating in the animal feed protein market include:

• Cargill Incorporated_x000D_

• Archer Daniels Midland Company_x000D_

• Tyson Foods Inc._x000D_

• CHS Inc._x000D_

• Smithfield Foods_x000D_

What Are the Latest Innovations and Trends Influencing the Animal Feed Protein Market?

The trend of product innovation is becoming increasingly prevalent in the animal feed protein market. The main corporations in the industry are putting efforts towards the creation of innovative solutions in order to consolidate their standing in the field. For example, in June 2023, Evonik Industries AG – a firm based on chemical production from Germany – launched a better version of their Biolys product, which is a crucial additive for feeding livestock. This strategy is intended to boost their status in the animal nutrition market through provision of L-lysine – an important amino acid for farm animals – in a more effective format. The renewed formula offers an augmented concentration of L-lysine at 62.4%, serving to enhance nutrient delivery and meet the dietary needs of animals using a reduced quantity of the product.

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Which Primary Segments of the Animal Feed Protein Market Are Driving Growth and Industry Transformations?

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

What Regions Are Contributing Significantly to the Growth of the Animal Feed Protein Market?

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.

What Key Elements Shape the Definition of the Animal Feed Protein Market?

Animal feed protein is food that is fed to farm animals, typically livestock, as part of their care. Animal protein meals are utilized to feed animals as these proteins are vital structural components of animal tissues. This feed aids in the improvement of animal immunity, performance, and productivity.

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