North America Germ Meal Market

North America Germ Meal Market Size (2024 to 2029)

The North America germ meal market research report USD 0.41 million in 2024 and is anticipated to reach USD 0.48 million by 2029, growing at a CAGR of 3.23%, during the forecast period 2024 to 2029. 

Germ Meal is an animal feed that is rich in essential nutrients. Germ meal is used as animal feed due to its high contents of proteins and nutrients. It is the by-product obtained from the oil extraction process of many seeds and pulses. It is a reliable source of protein, oil, fibre and starch content. It readily absorbs liquids like molasses and tallow and is, therefore, a very useful carrier for liquid nutrients

Factors fuelling the growth of the market are increasing concern regarding the health of animals and increasing diseases associated with unhealthy feed. These vitamins and proteins play an essential role in all the life cycles of the animals and are henceforth very essential. However, expensive processing costs and limited awareness are the factors hindering the growth of the market.

This research report on the North America germ meal market is segmented and sub-segmented into following categories.

North America Germ Meal Market Analysis By Type

• Feed Grade
• Food Grade

Feed Grade Meal holds the major share in the market while Food Grade Germ Meal is expected to grow the fastest.

North America Germ Meal Market Analysis By Application

• Feed
• Food Industry
• Others

Animal feed holds the major share in the market due to extensive use in feed and is also expected to grow at a higher CAGR due to recent advancements in processing technology and growing popularity for use as a nutrient delivery method.

COUNTRY ANALYSIS

• United States of America
• Canada

USA holds the major share in the market due to increasing expenditure on animal health and increasing awareness regarding healthy diet and essential nutrients associated with it. Canada is the fastest-growing region due to increasing adoption rate and increasing awareness regarding the health benefits offered by germ meal.

KEY PLAYERS IN THE NORTH AMERICA GERM MEAL MARKET

Wilmar International, Prairie Sun Foods, Grain Processing Corporation, Ingredion Inc, Tate and Lyle Plc, Bunge Ltd, Agrana Group, Tereos Syral, Global Bio-chem. This research report on the North America North America germ meal market.