Animal Feed Protein Ingredients Market Competitive Outlook till 2032

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Animal Feed Protein Ingredients Market to at over
5.5 CAGR from 2023 to 2032
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Overview of Animal Feed Protein Ingredients
Market

• Animal Feed Protein Ingredients Market is
  expected to grow considerably through 2032, owing
  to the rising benefits of animal proteins in
  feed. Animal protein meals offer a good source of
  essential amino acids, which help boost the
  immunity and nutritional value of livestock.
  Besides, animal feeds are constantly becoming a
  critical component of the integrated food chain.
  Livestock products comprise nearly 30 of the
  global agriculture value and 19 of the food
  production value and offer 34 percent of protein
  and 16 percent of the energy consumed in human
  diets.
• Besides, the rising meat consumption in Asia
  Pacific, propelled by rise in population, growing
  middle-class population, and rising economic
  standards will positively impact the overall
  industry outlook.
• The key providers in the market are incorporating
  strategic initiatives such as partnerships,
  mergers and acquisitions, RD investments, and
  new product launches to gain a competitive edge
  in the industry. For instance, in November 2021,
  ADM announced taking over Deerland Probiotics
  Enzymes. With this acquisition, ADM plans to
  fulfill the fast-growing demand from consumers
  for a diverse range of food, beverages, and
  supplements that enhance health and well-being.

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• Based on product, the fishmeal segment is
  anticipated to depict 4 CAGR through 2032. The
  market growth will come from the balanced amino
  acid composition offered by fishmeal that offers
  and complements the synergistic effects with
  other animal and vegetable proteins in the diet
  to promote fast growth and reduce feeding costs.
  Besides, high-quality fishmeal offers a balanced
  amount of essential amino acids, phospholipids,
  and fatty acids, which helps in optimum
  development, growth, and reproduction, especially
  of larvae and broodstock.
• Overall, the animal feed protein ingredients
  industry is segmented in terms of product,
  livestock, and region.
• By livestock, the swine segment is anticipated to
  be valued at over USD 113 billion by 2032. Tech
  innovations for reducing the environmental
  footprint and addressing social concerns will
  boost the product demand in the coming years.
  Swine are simple to keep, do not need a lot of
  room, have a high breeding potential, and are
  docile. They also have quick growth rates and
  strong feed-to-meat conversion ratios. These
  elements not only boost profitability but are
  projected to assist in fulfilling the rising
  demand for meat in the future.

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• Regionally, the North America animal feed protein
  ingredients industry will be valued at over USD
  106 billion by 2032. The regional market growth
  will be majorly due to the presence of the
  leading companies operating in the feed and
  nutrition sector who are putting their best foot
  forward to gain a competitive edge in the market.
• Notable participants in the Animal Feed Protein
  Ingredients market include Alltech, Nutraferma
  LLC, CJ Selecta, GRF Ingredients, Green Labs LLC,
  Janatha Fish Meal Oil Products, Nutrifish,
  Vetbiochem Group, Sotexpro, ATA Foods, Fenchem,
  and Haarslev Processing Technology

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