How Has The Feed Fats And Proteins Market Size Evolved In Recent Years?
The feed fats and proteins market has seen considerable growth due to a variety of factors.
•In recent times, the market size for feed fats and proteins has shown robust growth. The industry, which was valued at $9.35 billion in 2024, is predicted to expand to $9.96 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.6%.
Several factors have contributed to this growth in the past, including the industrialization of livestock farming, changes in animal health and productivity, inconsistent feed ingredient costs, the global spread of livestock production, an increased understanding of nutrition, and supportive regulatory policies.
What Are The Estimated Market Size And Expected Annual Growth Rates For Global Feed Fats And Proteins Market?
The feed fats and proteins market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for feed fats and proteins is projected to experience substantial expansion in the coming years, reaching a value of "$12.75 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 6.4%.
Factors contributing to the expected growth in the forecast period include the increasing demand for alternative protein sources and aquaculture feed, biosecurity concerns, the effects of climate change, and the escalating demand for animal protein. The forecast period is also expected to see significant trends such as technological progression in feed formulation, enhanced traceability and transparency, incorporation of digital technologies, innovations in feed additives, and sustainable sourcing.
What Are The Essential Drivers Behind The Growth Of The Feed Fats And Proteins Market?
The anticipated surge in pet adoptions is projected to bolster the expansion of the feed fats and proteins market. Adopting a pet involves welcoming an animal into a forever home, typically sourced from a rescue organization or sanctuary. The increase in animal adoptions can be linked to numerous factors such as heightened consciousness about animal rights, improved access to data about adoptable pets via online channels, and the emotional advantages afforded by pet companionship. Superior-quality feed fats and proteins are crucial to pet health and attractiveness, thereby making them more appealing to prospective adopters. For example, in January 2024, as per Shelter Animals Count, a US-based non-profit entity, a total of 6.5 million cats and dogs were admitted into shelters and rescues throughout the United States. This represents a 0.2% rise from 2022 and a 4.0% surge from 2021. Adoption figures also saw improvement, with 4.8 million pets finding new homes in 2023, demonstrating an enhanced dedication to animal rescue and adoption endeavors. Consequently, the increase in pet adoption rates is steering the growth of the feed fats and proteins market.
How Is The Global Feed Fats And Proteins Market Divided Into Key Segments?
The feed fats and proteins market covered in this report is segmented –
1) By Source: Animal, Plants
2) By Product: Oilseed Meal, Fishmeal, Animal By-Product Meal, Other Products
3) By Livestock: Ruminants, Poultry, Aqua, Swine, Equine, Other Livestock
Subsegments:
1) By Animal: Fish Meal, Poultry By-Products, Meat and Bone Meal, Dairy Products
2) By Plants: Soybean Meal, Pea Protein, Canola Meal, Sunflower Meal
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What Trends Are Reshaping The Future Of The Feed Fats And Proteins Market?
Leading brands in the alternative protein sector are prioritizing innovative approaches like plant-based foods to diminish their ecological footprint. These plant-based products are mostly derived from plant sources such as fruits, vegetables, grains, legumes, nuts, and seeds, and are generally designed to substitute or mimic products derived from animals. For instance, Shiru, an inventive ingredient firm from the US, launched OleoPro in March 2023, utilizing a technology patented under the Flourish platform. This tech uses artificial intelligence to gain new perspectives on plant proteins. OleoPro fuses plant proteins with unsaturated plant-based oils, achieving a significant 90% decrease in saturated fat and improving the technical performance of alternative meats. This presents a healthier alternative to traditional fats.
Who Are the Key Players in the Feed Fats And Proteins Market?
Major companies operating in the feed fats and proteins market include:
• The Archer-Daniels-Midland Company
• Darling Ingredients Inc.
• The Scoular Company
• Omega Protein Corporation
• Roquette Frères
• Bunge Limited
• Euroduna Rohstoffe GmbH
• AGRANA Group
• Land O'Lakes Inc.
• Smithfield Foods Inc.
• Nutricorn Co. Ltd.
• Tyson Foods Inc.
• BRF S.A.
• AarhusKarlshamn AB
• Nutreco N.V
• Cargill Incorporated
• Wilmar International Limited
• Westway Feed Products LLC
• Calysta Inc.
• Gavilon Group LLC
• Valley Proteins Inc.
• Biorigin S.A.
• EcooFeed LLC
• De Heus Animal Nutrition
• Titan Biotech Limited
• Unibio A/S
• Agrosuper S.A.
• EuroFeed Technologies
• The Lauridsen Group Inc.
• Ample Hills Fats LLC
What are the Regional Insights into the Feed Fats And Proteins Market?
Asia-Pacific was the largest region in the feed fats and proteins market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global feed fats and proteins market the during the forecast period. The regions covered in the feed fats and proteins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
