What Has Been the Growth Trajectory for the Berry Extracts For Feed Market in Recent Years?
The berry extracts for feed market has seen considerable growth due to a variety of factors.
•Over the past few years, the market size of berry extracts for feed has experienced substantial growth. This market is projected to expand from $6.42 billion in 2024 to $6.81 billion in 2025, growing at a compound annual growth rate (CAGR) of 6.1%.
Factors contributing to this historic period of growth include an enhanced focus on improving the quality and nutritional value of feed, industry emphasis on animal health and productivity, the investigation into natural feed ingredients, a move towards more sustainable farming methods, and a spotlight on functional feed additives within the market.
How Does the Forecast Look for the Berry Extracts For Feed Market?
The berry extracts for feed market is expected to maintain its strong growth trajectory in upcoming years.
• The market for berry extracts in animal feed is predicted to witness robust expansion in the forthcoming years. The market is poised to reach "$9.17 billion by 2029, with a compound annual growth rate (CAGR) of 7.7%.
The anticipated growth within the forecast period can be credited to the proliferation of poultry and livestock sectors, advancements in animal nutrition studies, consumer inclination towards natural and beneficial feed additives, regulatory endorsement for nutritional supplements, emphasis on animal health, and performance improvement. Significant trends projected for the forecast period encompass market transition towards organic feed additives, health and nutritional advantages, antioxidant-enriched supplements, natural substitutes for artificial additives, and livestock performance intensification.
What Are the Critical Driver Fuelling the Berry Extracts For Feed Market's Growth?
The rising inclination towards protein derived from animal sources is predicted to boost the berry extracts for feed industry's recent upswing. Foods such as meat, poultry, fish, eggs and dairy products are regarded as top-quality protein sources, as they contain all the necessary amino acids, and are generally referred to as animal proteins. Enzymes such as activated protein kinase (APK), which are beneficial in the processing of protein in both humans and animals, can be found in berry extracts feed, like blueberries. Data from the Organization for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) "2022 Highlights" suggest that global fish consumption is anticipated to increase to 21.4 kg per capita by 2031, up from 20.5 kg per capita in 2021. Hence, the growing inclination for animal-based proteins is fuelling the expansion of the market for berry extracts for feed.
How Is the Berry Extracts For Feed Market segmented?
The berry extracts for feed market covered in this report is segmented –
1) By Form: Liquid, Powder, Pills
2) By Source: Natural, Synthetic
3) By Application: Pharmaceutical, Food And Beverage, Nutraceutical
Subsegments:
1) By Liquid: Concentrated Liquid, Diluted Liquid
2) By Powder: Fine Powder, Coarse Powder
3) By Pills: Soft Pills, Hard Pills
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What New Trends Are Influencing the Berry Extracts For Feed Market?
The trend of product innovations is gaining notable traction in the berry extracts for feed market. To maintain their footing in the market, companies in this sector are consistently unveiling new goods. For example, Solid Gold, an American pet food company, introduced two new products to the berry extracts for feed market in March 2023; these are Solid Gold Leaps & Hounds, and Solid Gold Grass Guardian supplements. Leaps & Hounds is made using high-quality beneficial ingredients such as glucosamine, turmeric, and MSM, making it suitable for canines of all stages and capabilities, especially overweight and older dogs, as well as puppies. The Grass Guardian supplement promotes normal urine pH balances, contributing to optimal bladder and urinary tract health and preventing the yellowing of lawns prompted by dog urine. Formulated with cranberry and D-mannose and enriched with a unique enzyme blend for efficient digestion, it may also help to mitigate grass burns.
Who Are the Key Players in the Berry Extracts For Feed Market?
Major companies operating in the berry extracts for feed market include:
• Nutrition N.V.
• Kemin Industries Inc.
• Biomin Holding GmbH
• Impextraco NV
• Merck Animal Health
• Novus International Inc.
• Alltech Inc.
• Archer-Daniels-Midland Company
• Nutra Green Biotechnology Co. Ltd.
• FutureCeuticals Inc.
• Bio-Botanica Inc.
• Berrico Food Company B.V.
• Mazza Innovation Ltd.
• Carrubba Inc.
• Shaanxi Guanjie Bio-Technology Co. Ltd.
• Perstorp Holding AB
• E. I. du Pont de Nemours and Company
• BASF SE
• Cargill Incorporated
• Kalsec Inc.
• Martin Bauer GmbH & Co. KG
• Naturex S.A.
• Nexira SAS
• Kerry Group plc
• Fytexia SAS
• PT Phytochemindo Reksa
• Sabinsa Corporation
• Frutarom Industries Ltd.
• Batory Foods Inc.
• Indena S.p.A.
What Is The Most Dominant Region In The Berry Extracts For Feed Market?
Asia-Pacific was the largest region in the berry extracts for feed market in 2024. The regions covered in the berry extracts for feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
