Animal Feed Protein Market size was valued at USD 368.75 Billion in 2024 and is projected to reach USD 550.34 Billion by 2033, exhibiting a CAGR of 5.5% from 2026 to 2033.
The global Animal Feed Protein Market was valued at approximately USD 56.2 billion in 2022 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period from 2023 to 2030. The increasing demand for high quality animal feed to meet the nutritional requirements of livestock, along with rising meat and dairy consumption globally, drives this growth. The markets expansion is also fueled by the increasing adoption of protein rich ingredients in animal feed formulations to improve the health and productivity of animals. The market is categorized into various types, including plant based and animal based proteins, with plant based proteins expected to witness significant growth due to the shift toward plant based feed alternatives and growing concerns about sustainability.
In terms of regional analysis, Asia Pacific holds the largest share of the Animal Feed Protein Market, accounting for over 40% of the global market revenue in 2022. The rapid growth of the livestock industry in countries like China, India, and Japan contributes significantly to the markets size in this region. North America and Europe also contribute substantially to the market, with the rising demand for high quality meat and dairy products in these regions. Additionally, the Latin American and Middle Eastern markets are expected to witness strong growth opportunities, driven by the increasing demand for animal protein in the regions developing economies. These regions are also witnessing increased investment in the animal feed industry, further propelling market growth.
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Hamlet Protein
CJ Cheiljedang Corporation
Nutraferma
Evershining Ingredient
Beijing Gold-Tide Biotechnology
Imcopa Food Ingredients
Wilmar International
Selecta
Sojaprotein
ShanDong Langshi Insect Industry
Tianjin Changzhen International Trading
DSM
TerraVia Holdings
Unibio
Calysta
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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. 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 Animal Feed Protein Market
Plant-Based Proteins
Animal-Based Proteins
Other Proteins
Livestock
Poultry
Aquaculture
Pets
Complete Feed
Supplemental Feed
Specialty Feed
Online Retail
Offline Retail
Direct Sales
Bags
Bulk Packaging
US (United States, US 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 Animal Feed Protein 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 Animal Feed Protein Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Animal Feed Protein Market, By Type
6. Global Animal Feed Protein Market, By Application
7. Global Animal Feed Protein Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Animal Feed Protein Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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