Feed Fats And Proteins Market

Global Feed Fats and Proteins Market Size (2024 to 2032)

The global feed fats and proteins market was valued at USD 7.63 billion in 2023 and is anticipated to reach USD 8.04 billion in 2024 from USD 10.42 billion by 12.14, growing at a CAGR of 5.3% from 2024 to 2032.

The Feed Fats & Proteins market is showing immense potential in the mentioned forecast period. The market continues to build momentum with the rise in demand for feed fats & protein as feed ingredients to minimize the loss in the production of high-quality meat, eggs, and other bioproducts. Thus, animal farmers, as well as breeders, have increased their production to meet the demands, and thus, various companies are investing in the Feed Fats & Proteins Market.

Feed Fats & Proteins help in optimizing the nutritional level of a feed, ensuring the procurement of maximum nutrition from a lesser amount of feed and hence making livestock production cost-effective. The increase in middle-class income and rapid urbanization has resulted in an increase in demand for fats & proteins in the feed market.

Market Drivers and Restraints

The significant growth in demand for animal meat has led to the market to show huge potential in recent years. Other major factors responsible for driving the market for feed fats & proteins include cost mitigation of livestock production, increasing demand for milk and milk products, and the industrialization of animal husbandry. The market also faces some restraints and challenges. Some of the important ones are an outbreak of the disease in livestock and environmental concerns regarding the use of feed fats and proteins. These factors have been holding back the market from showing its complete potential.

REPORT COVERAGE

REGIONAL ANALYSIS

The Feed Fats & Proteins market was dominated by Asia-Pacific, with an overall market share of over 37% globally. Asia-Pacific was followed by North America and Europe. Europe is predicted to show rapid growth in the coming few years.

KEY MARKET PLAYERS

Some of the major companies dominating the market, by their products and services include Archer Daniels Midland Company (ADM), Darling International Inc., the Scoular Company, Omega Protein Corporation, Roquette Freres, Aarhuskarlshamn AB (AAK), Bunge Ltd., Euroduna Rohstoffe Gmbh, Lansing Trade Group LLC., Agrana Beteiligungs-AG (Agrana).

DETAILED SEGMENTATION OF THE GLOBAL FEED FATS AND PROTEINS MARKET INCLUDED IN THIS REPORT

This research report on the global feed fats and proteins market is segmented and sub-segmented into the following categories.

By Source

• Animals
• Plant

By Livestock

• Ruminants
• Poultry
• Aqua
• Swine
• Equine
• Others

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa