Global Feed Fats and Proteins
Market was worth USD 4.41 billion in 2016 and estimated to be growing at a CAGR
of 5.3%, to reach USD 5.71 billion by 2021.
The Feed Fats & Proteins
market is showing immense potential in the mentioned forecast period. The
market continues to build momentum with the rise in demand for feed fats &
protein as feed ingredients to minimize the loss in the production of high
quality meat, eggs and other bio products. Thus, animal farmers as well as
breeders have increased their production to meet the demands and thus various
companies are investing in Feed Fats & Proteins Market.
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Feed Fats & Proteins help in
optimizing the nutritional level of a feed, ensuring procurement of maximum
nutrition from lesser amount of feed and hence making the livestock production
cost effective. The increase in middle class income and rapid urbanization has
resulted in an increase in demand for fats & proteins in the feed market.
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The significant growth in demand
for animal meat has led to the market to show huge potential in recent years.
Other major factors responsible in driving the market for feed fats &
proteins include, cost mitigation of livestock production, increasing demand
for milk and milk products, industrialization of animal husbandry. The market
also faces some restraints and challenges. Some of the important ones are
outbreak of disease in livestock and environmental concerns regarding use of
feed fats and proteins. These factors have been holding back the market from
showing its complete potential.
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The Global market for Feed Fats
& Proteins is broadly segmented under source and livestock. On the basis of
source the segments are animals and plant which are further fragmented into
Meat & Bone Meal, Poultry Meal, tallow and Corn Soybean Cotton Seeds
respectively. The Plant segmented accounts for the largest share in the market
and is also expected to show the highest CAGR. Based on Livestock the market is
segmented into Ruminants, Poultry, Aqua, Swine, Equine and Others. The poultry
segment holds the greatest market share over all due to the extensive farming
techniques applied in poultry sector. On the basis of geography, the global
market is analysed under various regions namely North America, Europe,
Asia-Pacific and Rest of the World. The Feed Fats & Proteins market was
dominated by Asia-Pacific, with the overall market share of over 37% globally.
Asia-Pacific was followed by North America and Europe. Europe is predicted to
show a rapid growth in the coming few years.
Some of the major companies
dominating the market, by their products and services include Archer Daniels
Midland Company (ADM), Darling International Inc, the Scoular Company, Omega
Protein Corporation, Roquette Freres, Aarhuskarlshamn AB (AAK), Bunge Ltd., Euroduna
Rohstoffe Gmbh, Lansing Trade Group LLC., Agrana Beteiligungs-AG (Agrana).
Scope of the Report
· Regional and country-level analysis and
forecasts of the study market; providing Insights on the major
countries/regions in which this industry is blooming and to also identify the
regions that are still untapped
· Segment-level
analysis in terms of technology, component,
and type along with market size forecasts and estimations to detect key areas
of industry growth in detail
· Identification
of key drivers, restraints, opportunities, and challenges (DROC) in
the market and their impact on shifting market dynamics
· Study of
the effect of exogenous and endogenous factors that affect the global market;
which includes broadly demographic, economics, and political, among other
macro-environmental factors presented in an extensive PESTLE Analysis
· Study the
micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analysing
the level of competition and business strategy development
· A
comprehensive list of key market players along with their
product portfolio, current strategic interests, key financial information,
legal issues, SWOT analysis and analyst overview to study and sustain the
market environment
· Competitive
landscape analysis listing out
the mergers, acquisitions, collaborations in the field along with new product
launches, comparative financial studies and recent developments in the market
by the major companies
· An executive
summary, abridging the entire report in such a way that decision-making
personnel can rapidly become acquainted with background information, concise
analysis and main conclusions
· Expertly
devised analyst overview along with Investment opportunities to
provide both individuals and organizations a strong financial foothold in the
market
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