Global Gluten feed Market Size study & Forecast, by Source (Wheat, Corn, Barley, Rye, Maize, Others (Triticale and Malt)) by Application (Swine, Poultry, Cattle, Aquaculture) and Regional Analysis, 2022-2029
Global Gluten feed Market is valued at approximately USD 6185.8 million in 2021 and is anticipated to grow with a healthy growth rate of more than 0.71% over the forecast period 2022-2029. Wheat, corn, barley, and rye are just a few of the cereals that naturally contain the protein known as gluten feed. Additionally helpful for digestion and absorption is gluten feed. Utilizing gluten feed is becoming essential for ensuring animals have the best possible health and growth as a result of expanding knowledge about its nutritional advantages. Because it offers a stable structure of the protein, carbohydrate, and digestible fiber, wheat-based gluten is quickly gaining appeal in the animal feed industry. Its use in ruminant feed, poultry, swine, and pet food is constantly rising.
Future consumption of wheat gluten feed will undoubtedly rise due to the rising demand for dairy and meat products in developing nations and the need to expand livestock productivity. The market for gluten-free feeds is anticipated to expand at a CAGR of 5.04% over the forecast period (2022-2029). Increased demand of gluten feed & corn gluten feed in developing nations has contributed to the market's expansion. Gluten feed is also less expensive than some other grain-based feed, which is yet another factor driving the industry. Increased demand for gluten feed and corn gluten feed in developing nations has contributed to the market's expansion. Gluten feed is also less expensive than other grain-based feed, which is another factor driving the industry. Additionally, the industry is expected to rise as more people use gluten feed as a potential substitute for fish meal in aquaculture feed. However, the rising cost of Gluten stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Gluten feed Market study includes Europe, Asia Pacific, North America, Latin America, and Rest of the World. Due to the region's largest meat industry's strong need for gluten feed, North America leads the market. With more people becoming aware of the niche livestock market, Europe is the region with the fastest growth. The animal market in Europe places a high focus on the manufacturing and processing of maize and wheat gluten meal.
Major market player included in this report are:
Agrana Group
Archer Daniels Midland Company
Cargill Incorporated
Grain processing corporation
Tate & Lyle Plc.
The Roquette Group
Ingredion Incorporated
Tereos Syral
Bunge Ltd.
Commodity Specialists Company
Recent Developments in the Market:
In 2019, Due to their vast number and rising demand from the beef and dairy industries, cattle saw significant profitability. In addition, the demand for the poultry segment is anticipated to increase throughout the forecast period (2020-2025) as a result of farmers' increased awareness of poultry and their adoption of intensive farming practices.
In August 31, 2019, more than 1.86 million tonnes of corn gluten meal and feed departed the United States for the export market . Ireland (23%) and Israel (12%) were the top two countries using American corn gluten feed and meal, respectively (9 per cent). As a result of these enormous exports, it may be claimed that U.S. market trends are what drive the worldwide corn gluten feed industry.
In 2020, the poultry group accounted for more than 40.6% of all meat production, according to the FAO. The vast majority of consumers worldwide want to improve their protein intake, which has resulted in a rise in meat and egg consumption. These elements will greatly increase product demand, along with the rising consumption of processed beef in the fast-food industry.
Global Gluten feed Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Source, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Source:
Wheat
Corn
Barley
Rye
Maize
Others (Triticale and Malt)
By Application:
Swine
Poultry
Cattle
Aquaculture
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies Mentioned
Agrana Group
Archer Daniels Midland Company
Cargill Incorporated
Grain processing corporation
Tate & Lyle Plc.
The Roquette Group
Ingredion Incorporated
Tereos Syral
Bunge Ltd.
Commodity Specialists Company
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook