Global Feed Plant-based Protein Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Feed Plant-based Protein market size was valued at US$ 3348.5 million in 2023. With growing demand in downstream market, the Feed Plant-based Protein is forecast to a readjusted size of US$ 5215.7 million by 2030 with a CAGR of 6.5% during review period.
The research report highlights the growth potential of the global Feed Plant-based Protein market. Feed Plant-based Protein are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Feed Plant-based Protein. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Feed Plant-based Protein market.
Feed plant-based protein is the protein that is obtained by various grains and pulses. The requirement of protein in food for animals is necessary as they are incapable of producing the proteins which are polymer of amino acid themselves.
According to our Fee Research Center, in 2022, global total production of feed was about 1.2 billion tons. Key producing regions are Asia, Europe and North America, top ten countries hold about 65% of global feed production. China, United States, Brazil and India, as the top four countries, accounted for half of the total feed production.
Key Features:
The report on Feed Plant-based Protein market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Feed Plant-based Protein market. It may include historical data, market segmentation by Type (e.g., Soy, Wheat), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Feed Plant-based Protein market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Feed Plant-based Protein market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Feed Plant-based Protein industry. This include advancements in Feed Plant-based Protein technology, Feed Plant-based Protein new entrants, Feed Plant-based Protein new investment, and other innovations that are shaping the future of Feed Plant-based Protein.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Feed Plant-based Protein market. It includes factors influencing customer ' purchasing decisions, preferences for Feed Plant-based Protein product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Feed Plant-based Protein market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Feed Plant-based Protein market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Feed Plant-based Protein market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Feed Plant-based Protein industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Feed Plant-based Protein market.
Market Segmentation:
Feed Plant-based Protein market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Soy
Wheat
Pea
Others
Segmentation by application
Pets
Swine
Ruminants
Poultry
Aquatic Animals
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.
Kerry Group
Ingredion
Emsland Group
DuPont
Batory Foods
AGRANA
AGT Foods
Avebe
Roquette Frères
BENEO
Vestkorn
Aminola
FoodChem International
Sotexpro
Crown Soya Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Feed Plant-based Protein market?
What factors are driving Feed Plant-based Protein market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Feed Plant-based Protein market opportunities vary by end market size?
How does Feed Plant-based Protein break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.