Fermented Feed Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 9.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The fermented feed market has experienced significant growth from 2018 to 2022, driven by increasing awareness of its benefits in enhancing animal health and productivity. In 2018, North America held approximately 37.6% of the global market share, while Europe accounted for over 30.8%. This period saw a rising demand for amino acids, probiotics, and prebiotics as key fermented feed ingredients, contributing to improved feed efficiency and animal performance. The market's expansion was further supported by the escalating consumption of animal proteins and the adoption of sustainable livestock farming practices.
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Looking ahead, the fermented feed market is poised for substantial growth from 2023 to 2033. Projections indicate that the market will soar at a compound annual growth rate (CAGR) of 7.8%, reaching a valuation of USD 42.1 billion by 2034. This anticipated surge is attributed to the booming livestock industry, heightened demand for animal protein, and growing awareness of the advantages of fermented feed. Farmers are increasingly recognizing that fermented feed enhances digestibility, nutrient absorption, and strengthens the immune system, leading to better overall animal health. The dry-fermented feed segment is expected to dominate, accounting for a value share of 58.3% in 2024. Among livestock categories, the swine segment is projected to hold a market share of around 41.2% in the same year. Regionally, North America is anticipated to maintain a revenue share of 24.7% over the forecast period, while Europe is set to account for 29.8% of the total fermented feed revenue. Notably, sales in China are predicted to surge at a CAGR of 7.6% from 2024 to 2034, with India registering an impressive CAGR of 8.8% during the same period. Key players in the market, such as Lallemand Animal Nutrition, DSM (Biomin), Alltech, Cargill, and Chr. Hansen, are focusing on developing species-specific fermented feed products that benefit animals at all life stages and reduce disease risks. These companies are also exploring cost-effective solutions to cater to emerging economies, which are primarily agrarian. Recent developments include collaborations to enhance the utilization of fermented feed in poultry and swine feed formulations, as well as the introduction of new production lines to meet the growing demand. In my experience, incorporating fermented feed into livestock diets has led to noticeable improvements in animal health and productivity. The enhanced nutrient profile and better digestibility have resulted in healthier animals and more efficient feed utilization. As the market continues to evolve, it is crucial for stakeholders to stay informed about the latest trends and advancements to make well-informed decisions.
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Archer Daniels Midland
Cargill
DuPont
Evonik Industries
Royal DSM NV
Danisco
BASF SE
Hansen A/S
Angel Yeast
Lallemand
Lonza
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Fermented Feed Market
Aquaculture
Dairy Cattle
Swine
Beef Cattle
Poultry
Others
Based on Types the Market is categorized into Below types that held the largest Fermented Feed market share In 2023.
Amino Acid
Antibiotics & Vitamins
Polymer
Industrial Enzymes
Organic Acid
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Fermented Feed Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Fermented Feed Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fermented Feed Market, By Type
6. Global Fermented Feed Market, By Application
7. Global Fermented Feed Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Fermented Feed Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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