Global Animal Feed Supplement Protein Market Growth 2023-2029

Global Animal Feed Supplement Protein Market Growth 2023-2029

Animal Feed Supplements are enzyme supplements, phosphate, calcium and trace mineral mixtures that can be given to grazing animals during the dry or rainy season. These animal feed supplements can be mixed with fodder and have an extra shelf life.

Animal nutrition focuses on the dietary needs of animals, primarily those in agriculture and food production, but also in zoos, aquariums, and wildlife management. Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given following a scientific evaluation demonstrating that the additive has no harmful effects, on human and animal health and on the environment.

LPI (LP Information)' newest research report, the “Animal Feed Supplement Protein Industry Forecast” looks at past sales and reviews total world Animal Feed Supplement Protein sales in 2022, providing a comprehensive analysis by region and market sector of projected Animal Feed Supplement Protein sales for 2023 through 2029. With Animal Feed Supplement Protein sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Animal Feed Supplement Protein industry.

This Insight Report provides a comprehensive analysis of the global Animal Feed Supplement Protein landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Animal Feed Supplement Protein portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Animal Feed Supplement Protein market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Animal Feed Supplement Protein and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Animal Feed Supplement Protein.

The global Animal Feed Supplement Protein market size is projected to grow from US$ 8804.3 million in 2022 to US$ 10680 million in 2029; it is expected to grow at a CAGR of 10680 from 2023 to 2029.

Asia-Pacific is the largest Animal Feed Supplements market with about 37% market share. Europe is follower, accounting for about 25% market share.

The key players are Evonik, Adisseo, CJ Group, Novus International, DSM, Meihua Group, Kemin Industries, Zoetis, CP Group, BASF, Sumitomo Chemical, ADM, Alltech, Biomin, Lonza, Global Bio-Chem, Lesaffre, Nutreco, DuPont, Novozymes etc. Top 3 companies occupied about 10% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Animal Feed Supplement Protein market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Insect Protein
Soy Protein
Others

Segmentation by application
Pig
Cattle
Aquaculture
Pet
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hamlet Protein
IFF
CJ Selecta
Nordic Soya
ADM
Wilmar
Imcopa
CHS Inc.
Titan Biotech Limited
Nutraferma, Inc.
Shandong Sinoglory Health Food Co., Ltd.
Innovafeed
Ynsect
Aspire Food
Darling Ingredients
Entomo Farms
JR Unique Foods
Griopro

Key Questions Addressed in this Report

What is the 10-year outlook for the global Animal Feed Supplement Protein market?

What factors are driving Animal Feed Supplement Protein market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Animal Feed Supplement Protein market opportunities vary by end market size?

How does Animal Feed Supplement Protein break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.