[191 Pages Report] The Feed Protein Ingredients Market size was estimated at USD 11.43 billion in 2023 and expected to reach USD 12.33 billion in 2024, at a CAGR 8.22% to reach USD 19.89 billion by 2030.
The feed protein ingredients market comprises entities that produce and distribute various high-quality protein components used in animal nutrition. These ingredients enhance the nutritional efficacy of animal feed, catering to the dietary needs of livestock, including poultry, swine, ruminants, and aquatic animals. The growth of the feed protein ingredients market is influenced by several factors, including rising meat and dairy consumption, innovations in processing technologies, and expansion of aquaculture operations worldwide, which necessitates high-quality feed protein ingredients to ensure the health and growth of aquatic animals. However, the prices of key feed protein ingredients are subject to fluctuations based on crop yields, geopolitical tensions, and trade policies, affecting overall market stability. Additionally, development of synthetic and lab-made protein alternatives are also impacts market growth. Moreover, to foster business growth within the feed protein ingredients market, players are focusing on research into non-conventional protein sources such as algae, insects, and microbial proteins to diversify supply and reduce dependency on traditional sources. At the same time, new formulations and processing methods are being developed to improve feed proteins’ nutritional value and bioavailability.
Source: Increasing trend towards manufacturing plant-based proteins due to their high protein content and economic viability
Animal-based protein ingredients are derived from sources such as poultry, fish meal, and meat and bone meal. They are highly valued for their balanced amino acid profile and high digestibility, making them a preferred choice in feed for poultry, swine, and aquaculture industries. Dairy protein is a high-quality protein source derived from milk products and is valued for its excellent amino acid profile, which closely matches the nutritional needs of many animal species. Egg protein, extracted primarily from egg whites, stands out for its high biological value and complete amino acid composition, making it one of the most nutritious protein sources available. Gelatin, obtained from collagen found in animal bones, skin, and connective tissues, serves as an alternative protein source in animal feed. Insect proteins, sourced from organisms such as Black Soldier Fly Larvae (BSFL) and crickets, are emerging as sustainable alternatives to traditional protein sources. They have a low environmental footprint and can be produced using organic waste. Microbe-based proteins are produced through fermentation processes involving microorganisms such as bacteria, yeast, and algae. These proteins are gaining traction due to their sustainability and potential to provide feed security. Algae-based proteins are extracted from both micro and macroalgae and are recognized for their high protein content and valuable omega-3 fatty acids. Bacterial-derived proteins are produced through the fermentation of selected bacterial strains. Fungi-based proteins are obtained from fungal organisms, including mushrooms, molds, and mycoproteins. Plant-based proteins from soybean meal, rapeseed meal, and dried distiller grains with solubles (DDGS) remain the primary source of feed protein due to their high protein content and economic viability. Cereals form a significant source of plant-based proteins within the feed industry, utilized extensively due to their widespread availability and cost-effectiveness. Legumes stand out as one of the most crucial plant-based protein sources in animal feed, attributed to their higher protein content compared to cereals. Nuts and seeds, albeit used more selectively in animal feed, contribute significantly to the diversity and nutritional value of feed protein sources.
Application: Expanding application of feed protein ingredients in poultry sector to ensure optimal growth
In the aquaculture sector, protein ingredients play a crucial role in promoting growth, health, and feed efficiency among aquatic species. There has been a significant emphasis on sustainable and easily digestible protein sources such as soy protein, algae, and fishmeal. Within the pet food segment, the emphasis is on high-quality, nutritious, and hypoallergenic protein sources to cater to the well-being of pets, including dogs, cats, and ornamental fish. Protein ingredients such as chicken meal, fish meal, and plant-based proteins are pivotal. The poultry sector requires high levels of protein to ensure optimal growth, egg production, and overall health of birds. Proteins derived from soybean meal, meat, and bone meal are common, given their balanced amino acid profiles. Ruminants, including cattle and sheep, have specific nutritional requirements that are met through a mix of forage-based and protein-enriched feeds to support milk production, growth, and fertility. Proteins from sources such as cottonseed, canola meal, and distillers’ grains are prevalent. The swine feed segment prioritizes protein ingredients that support growth, reproduction, and lean meat production. Soybean meal, alongside animal-based proteins, ranks high for swine diets due to their favorable amino acid content.
Regional Insights
In the Americas, particularly in the United States, Canada, and Brazil, soybean meal forms the backbone of feed protein ingredients, supported by a robust soy cultivation system. North America significantly invests in research and development, striving for innovative feed solutions, such as incorporating fermented soy products and insect-based proteins, especially for aquaculture. In South America, there’s a growing trend towards the use of by-products from the food industry, such as distillers’ dried grains with solubles (DDGS) from the biofuel industry, as cost-effective protein sources. Due to its geographical and socio-economic diversity, the EMEA region presents a tapestry of feed protein sources. Europe is adopting sustainable and non-GMO feed ingredients, including rapeseed meal, pea protein, and lupin. The region is also a front-runner in regulatory frameworks for feed use for alternative proteins, such as insect meal and microbial proteins. The Middle East largely depends on protein imports, yet shows growing interest in aquaculture proteins, whereas Africa, with its vast agricultural biodiversity, explores local sources such as cassava leaf meal and fishmeal from sustainable fisheries. Due to its vast expanse and varied climates, the Asia Pacific region boasts a wide array of feed protein ingredients, reflecting the high demand from the surging livestock and aquaculture sectors. Southeast Asia relies heavily on fishmeal, alongside exploring alternative sources such as single-cell proteins. Moreover, developing countries are increasing their use of traditional feed ingredients such as pulses, oilseed meals, and soybean meal to boost self-sufficiency.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Feed Protein Ingredients Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Feed Protein Ingredients Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Feed Protein Ingredients Market, highlighting leading vendors and their innovative profiles. These include A Constantino, Adisseo France SAS, Alltech, Archer-Daniels-Midland Company, BASF SE, BRF S.A., Burcon Nutrascience Corporation, Calysta, Inc., Cargill, Incorporated, CHS Inc., CJ Selecta SA, CropEnergies AG by S?dzucker AG, Darling International Inc., Evershining Ingredient Co., Ltd., Fenchem, Hamlet Protein A/S, J. R. Simplot Company, Koninklijke DSM N.V., MicroHarvest GmbH, Mosaic Company, Nutraferma, Inc., Prinova Group LLC by NAGASE & CO., LTD., Sotexpro, and Titan Biotech Ltd..
Market Segmentation & Coverage
This research report categorizes the Feed Protein Ingredients Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Source
- Animal
- Dairy Protein
- Egg Protein
- Gelatin
- Insect Proteins
- Microbe-based Proteins
- Algae
- Bacteria
- Fungi
- Yeast
- Plant
- Cereals
- Legumes
- Nuts & Seeds
- Animal
- Form
- Dry
- Liquid
- Application
- Aquaculture Feed
- Pet Food
- Poultry Feed
- Ruminant Feed
- Swine Feed
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Feed Protein Ingredients Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Feed Protein Ingredients Market?
- What are the technology trends and regulatory frameworks in the Feed Protein Ingredients Market?
- What is the market share of the leading vendors in the Feed Protein Ingredients Market?
- Which modes and strategic moves are suitable for entering the Feed Protein Ingredients Market?
US $
Euro €
GBP £