The Animal Feed Protein Global Market Report 2023, provides comprehensive information on the animal feed protein market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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According to The Business Research Company’s 2023 Animal Feed Protein Global Market Report, the worldwide animal feed protein market is poised to exhibit remarkable growth, with projections indicating an increase from $275.33 billion in 2022 to a robust $290.28 billion by the end of 2023, boasting a notable compound annual growth rate (CAGR) of 5.4%. However, it’s important to note that the global economic recovery, still grappling with the aftermath of the COVID-19 pandemic, faced significant disruptions due to the Russia-Ukraine conflict, particularly in the short term. This confrontation unleashed a cascade of economic repercussions, including widespread sanctions on multiple nations, surging commodity prices, and intricate supply chain disruptions, which collectively led to inflationary pressures across various sectors worldwide.
As we look ahead, the global animal feed protein market’s trajectory is expected to continue on a positive trajectory, with forecasts pointing towards an estimated valuation of $343.45 billion in 2027, driven by a more sustainable CAGR of 4.3%.
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A noteworthy trend that has gained prominence within the animal feed protein industry is the pursuit of product innovation. Leading corporations in this sector are ardently focusing on the development of groundbreaking solutions to fortify their market position. A case in point is BASF SE, a renowned German multinational chemical enterprise. In December 2021, BASF introduced Natupulse, an innovative enzyme product tailored for animal feed. This product enhances feed digestibility, which, in turn, positively impacts animal health. Notably, it also mitigates digesta viscosity in diets featuring diverse feed compositions, thereby rendering animal feeding more cost-effective. Furthermore, Natupulse lends its support to the environmentally-conscious production of animal protein. It’s a protein-based molecule designed to optimize nutrient utilization in feed, underpinning the industry’s commitment to sustainability and innovation.
The animal feed protein market is segmented:
1) By Product: Plant Protein, Animal Protein, Alternative Protein
2) By Livestock: Poultry, Swine, Cattle, Aquaculture, Petfood, Equine
3) By Form: Dry, Liquid
Top 5 Major Players:
Asia-Pacific was the largest region in the animal feed protein market in 2022.
Table of contents :
1. Executive Summary
2. Animal Feed Protein Market Characteristics
3. Animal Feed Protein Market Trends And Strategies
4. Animal Feed Protein Market – Macro Economic Scenario
5. Animal Feed Protein Market Size And Growth
….
26. Africa Animal Feed Protein Market
27. Animal Feed Protein Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Animal Feed Protein Market
29. Animal Feed Protein Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Animal Feed Protein Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Animal Feed Protein Market, Segmentation By Livestock, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Animal Feed Protein Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
….
Table 46: Hamlet Protein A / S Financial Performance
Table 47: DuPont de Nemours Inc. Financial Performance
Table 48: CHS Inc. Financial Performance
Table 49: Nordic Soya Oy Financial Performance
Table 50: Archer Daniels Midland Company Financial Performance
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