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Animal Feed Protein Ingredients Market

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Mahesh Gore
Global Market Insights Inc.
Date: June 29, 2018
Discussion created on 06/29/2018

Animal Feed Protein Ingredients Market size is set to surpass USD 200 billion by 2024; according to a new research report by Global Market Insights, Inc. Growing awareness pertaining to dietary protein consumption supported by rise in economic standards has resulted in increasing meat & meat products demand, thereby driving animal feed protein ingredients market size. Feed protein ingredients are key nutrients obtained from rendered animal by products and oil seeds. These proteins help in amino acid synthesis which helps in improving performance and productivity. Increase in industrial livestock production to combat rising protein need supported by enhancements in farming operations and adoption of sustainable farming techniques will fuel product demand. Feeding animal protein improves feed efficiency, immunity, growth performance and yield. Emerging livestock diseases affecting immune response and production accompanied by negative effects on human health may positively impact animal feed protein ingredients market growth. Fish meal accounts for over 3.6% over the forecast timeframe owing to constructive growth in fish meal manufacture. It imparts synergistic effects of vegetable and animal protein accompanied with balancing feed cost. It helps in enhancing palatability, feed conversion, nutrition uptake mainly in young animals. Application potential in swine diets during weaning period to reduce environmental, nutritional and physiological stress will contribute towards animal feed protein ingredients demand.

Global Market Insights Inc.
Global Market Insights Inc.
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