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Consumers in developing countries in Asia and Africa are witnessing an increase in their population and disposable incomes. Further, people are focussing on consuming healthier foods and incorporating animal protein products, like meat and eggs into their diets. Diverse plant-based protein sources for animal-feed proteins aid the manufacturing of nutritious animal feed. For instance, animal-feed protein can be obtained from a variety of plant sources, including soybean, pea, cereals, pulses, and rapeseed, all of which have excellent nutritional value that is crucial for the health and immunity of animals.
As per the feed protein market report, the trend of pet humanisation is aiding the demand for soy protein concentrate (SPC) in pet foods. Owners seek high-quality and nutritious foods for their pets. This aids the market for SPC which is a rich source of crude protein to produce dry extruded, semi-moist, or canned foods for pets. SPC also improves the texture and palatability of pet food.
Feed Protein Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Feed Protein Market Analysis
8.1 Key Industry Highlights
8.2 Global Feed Protein Historical Market (2018-2023)
8.3 Global Feed Protein Market Forecast (2024-2032)
8.4 Global Feed Protein Market by Type
8.4.1 Concentrate
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Isolate
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Feed Protein Market by Source
8.5.1 Animal Based
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Soy
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Cereals
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Rapeseed
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Pulses
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Pea
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global Feed Protein Market by Application
8.6.1 Pet Food
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Swine
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Poultry
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Aquatic
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Feed Protein Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Feed Protein Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Feed Protein Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Feed Protein Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Feed Protein Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Feed Protein Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Roquette Frères
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Kerry Group plc
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 AGRANA Beteiligungs-AG
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Royal Avebe
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Ingredion Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 CropEnergies AG
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 EW Nutrition
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Emsland Group
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Nuproxa Switzerland Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Schils BV
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 AMINOLA BV
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Other
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Feed Protein Market: Key Industry Highlights, 2018 and 2032
2. Global Feed Protein Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Feed Protein Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Feed Protein Historical Market: Breakup by Source (USD Billion), 2018-2023
5. Global Feed Protein Market Forecast: Breakup by Source (USD Billion), 2024-2032
6. Global Feed Protein Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Feed Protein Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Feed Protein Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Feed Protein Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Feed Protein Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Feed Protein Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Feed Protein Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Feed Protein Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Feed Protein Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Feed Protein Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Feed Protein Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Feed Protein Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Feed Protein Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Feed Protein Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Feed Protein Market Structure
In 2023, the market attained a value of nearly USD 66.64 billion.
The feed protein market is assessed to grow at a CAGR of 8.4% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach about USD 137.35 billion by 2032.
Protein is an essential nutrient to ensure the productivity of farm animals. Feed proteins are crucial requirements in feed rations as they provide substantial levels of protein and essential amino acids.
Soybean meal, a by-product of oil extraction, has a high crude protein content of 44-50% and a balanced amino acid composition.
Major market drivers are increasing consumption of meat and dairy products and rise in demand for animal feed with added benefits.
The key trends of the market include growing health awareness, growing focus on optimal animal health, and the robust growth of the aquaculture sector.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different applications of the product are poultry, swine, cattle, aquatic, pet food, and others.
The key market players, according to the report, are Roquette Frères, Kerry Group plc, AGRANA Beteiligungs-AG, Royal Avebe, Ingredion Corporation, CropEnergies AG, EW Nutrition, Emsland Group, Nuproxa Switzerland Ltd., Schils BV, and AMINOLA BV, among others.
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