1. What is the projected Compound Annual Growth Rate (CAGR) of the Animal Feed Microbial Protein Market?
The projected CAGR is approximately 8.2%.
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Animal Feed Microbial Protein Market by Source (2018 – 2032) (Bacteria, Yeast, Algae, Fungi, Others), by Livestock (2018 – 2032) (Poultry, Ruminants, Swine, Aquaculture, Others), by Fermentation Technology (2018 – 2032) (Solid-state fermentation, Submerged fermentation, Co-culture fermentation), by Form (2018 – 2032) (Dry Powder, Liquid, Pellets), by North America (U.S., Canada, Mexico), by Europe (Germany, UK, France, Italy, Russia, Netherlands, Belgium), by Asia Pacific (China, India, Japan, Indonesia, Malaysia, South Korea), by Latin America (Brazil), by Middle East & Africa (South Africa, Saudi Arabia, UAE, Qatar) Forecast 2025-2033
The size of the Animal Feed Microbial Protein Market was valued at USD 140 Million in 2023 and is projected to reach USD 243.06 Million by 2032, with an expected CAGR of 8.2% during the forecast period. The Animal Feed Microbial Protein Market centers on the creation and utilization of microbial-derived proteins as substitutes for conventional animal and plant protein sources in animal feed. These proteins, sourced from microorganisms like bacteria, fungi, and algae, are more frequently utilized to improve the nutritional value of feed for livestock, poultry, aquaculture, and pets. The increasing need for sustainable and efficient protein sources is pushing the uptake of microbial proteins, which provide a more eco-friendly and economical alternative to traditional protein sources. Microbial proteins are abundant in essential amino acids, rendering them a perfect supplement to animal diets for promoting growth, reproduction, and general well-being. The market is gaining from the growing emphasis on lessening the environmental effects of agriculture, including reducing greenhouse gas emissions and land utilization. Moreover, improvements in fermentation methods and microbial farming are enhancing the accessibility and scalability of these proteins. The Animal Feed Microbial Protein Market is projected to expand notably due to the increasing global demand for animal-derived protein, alongside a transition to more sustainable farming methods.
The market is fragmented with several players operating in the industry. However, the top five players account for a significant share of the market. The market is characterized by innovation, with companies investing in research and development to produce more efficient and cost-effective microbial protein products. Regulations and product substitutes can also impact the market's growth.
The animal feed microbial protein market is experiencing significant growth, driven by a global shift towards more sustainable and cost-effective protein sources for animal feed. This trend is fueled by increasing consumer demand for animal protein, coupled with growing concerns about traditional feed's environmental impact and reliance on finite resources. The market is witnessing innovation in production methods, with emerging technologies like solid-state fermentation and co-culture fermentation gaining prominence. These techniques offer enhanced production efficiency, reduced environmental footprint (lower land and water usage, reduced greenhouse gas emissions), and improved protein yield compared to conventional methods. Furthermore, a rising understanding of the nutritional benefits of microbial protein – including enhanced digestibility and improved animal health – is bolstering market acceptance and driving increased demand across various animal feed applications.
The Asia Pacific region is expected to dominate the market throughout the forecast period, driven by factors such as a large animal population, increasing demand for animal protein, and government initiatives supporting sustainable agriculture. In terms of segments, the poultry livestock segment is anticipated to dominate due to the growing poultry population and demand for nutritious feed.
This report provides comprehensive insights into the animal feed microbial protein market, including market size, segmentation, regional analysis, competitive landscape, and industry trends. It offers valuable information for stakeholders such as animal feed producers, livestock farmers, biotechnology companies, and government agencies.
Geographically, the Asia-Pacific region held a dominant market share in 2018, followed by North America and Europe. This is largely attributed to the region's high livestock population and rapidly growing demand for animal protein. Within the animal feed sector, poultry remains the largest consumer of microbial protein due to its significant global presence. However, the market is expanding into other segments, including swine, aquaculture, and pet food, representing lucrative avenues for future growth. Market analysis indicates a strong correlation between increasing disposable incomes, changing dietary preferences, and the rising adoption of microbial protein in animal feed formulations. Competitive dynamics are also shaping the market landscape, with established players and emerging biotech companies vying for market share through technological advancements, strategic partnerships, and innovative product offerings.
Source:
Livestock:
Fermentation Technology:
Form:
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 8.2% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
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The projected CAGR is approximately 8.2%.
Key companies in the market include Avecom, Calysta Inc, KnipBio, Quorn Foods, Alltech, Arbiom, Lonza Group, AG CHEMI group, IPK Gatersleben, Nutreco N.V., Biomin Holdings Gmbh, Quality Liquid feeds, Devenish Nutrition Limited.
The market segments include Source (2018 – 2032), Livestock (2018 – 2032), Fermentation Technology (2018 – 2032), Form (2018 – 2032).
The market size is estimated to be USD 140 Million as of 2022.
Increasing demand for animal protein. Growing awareness about animal health. Environmental sustainability.
N/A
Price competition.
In March 2023, Lonza Group, an animal feed products manufacturer, partnered with Simris Alg, a European biological firm, to incorporate Simiris’ ADC payload technology in its bioconjugation toolbox and offer customers that require novel payloads for developing ADC medicines.
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The market size is provided in terms of value, measured in Million.
Yes, the market keyword associated with the report is "Animal Feed Microbial Protein Market," which aids in identifying and referencing the specific market segment covered.
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