Gluten Feed Market Size, Analysis, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2024 – 2032
Published on: 2024-07-28 | No of Pages : 240 | Industry : Animal Health and Nutrition
Publisher : MIR | Format : PDF&Excel
Gluten Feed Market Size, Analysis, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2024 – 2032
Gluten Feed Market Size
Gluten Feed Market size is anticipated to witness substantial growth from 2024 to 2032, due to the expansion of the animal feed sector. The increasing consumer demand for meat and high-value animal protein is placing tremendous pressure on the poultry, livestock, and aquaculture sectors. The ever-growing world population, rising household income levels, and urbanization will further boost the demand for animal-based products.
The market expansion can also be attributed to growing industrialization in livestock, processed meat, and animal feed sectors, where gluten feed is widely used as a nutrient enhancer to provide all the essential elements for animal growth. However, the fluctuations in grain prices, regulatory constraints, competition from alternative feed ingredients, rising concerns about gluten sensitivity, and environmental impacts of grain farming practices may restrain the industry development to some extent.
Gluten Feed Market Trends
The increasing demand for high-protein animal feed alternatives is driving the popularity of gluten feed derived from corn and wheat processing. Rising focus on sustainable and eco-friendly feed options is also promoting the utilization of by-products from food processing industries. The growing developments in feed processing techniques are enhancing the nutritional value and digestibility of gluten feed. The rising preference for non-GMO and organic feed ingredients is influencing the sourcing and production of gluten feed. Innovations in formulations and packaging aimed to improve feed efficiency and animal health.
Gluten Feed Market Analysis
Based on source, the industry revenue from the wheat segment is estimated to rise at significant rate between 2024 and 2032. This can be attributed to the rising abundance of wheat by-products from milling and processing operations for ensuring a consistent and reliable source of raw material. The high protein content and nutritional value of wheat-derived gluten feed makes it a desirable ingredient in animal feed formulations. The surging demand for sustainable and eco-friendly feed options will also drive the utilization of wheat gluten feed in livestock and poultry diets.
The poultry application segment is projected to capture significant share of gluten feed market by 2032. As per a report by the USDA (United States Department of Agriculture), the worldwide poultry import is expected to reach 17.5 million metric tons by 2031. Globally, most consumers are looking to increase their protein intake, further boosting the consumption of meat and eggs. According to the OECD FAO, poultry meat is set to constitute 47% of the protein consumed from meat sources. In addition to these factors, the growing consumption of processed meat in the fast-food sector.
North America gluten feed market is anticipated to expand at commendable rate through 2032. The thriving livestock and poultry sectors is creating significant demand for high-quality animal feed ingredients. North America is one of the leading producers and consumers of meat and dairy products. As per the USDA, an average U.S. resident consumes 224.6 pounds of meat every year. The increasing adoption of gluten feed as a cost-effective and nutritionally rich feed option is enhancing its penetration across the region. The growing consumer awareness of the benefits of protein-rich diets for livestock and poultry will drive the regional demand for gluten feed as a feed supplement.
Gluten Feed Market Share
Some of the major gluten feed companies are
- Cargill
- Roquette
- Agrana
- Tate & Lyle.
Leading firms operating in the gluten feed industry are engaged in various business expansion strategies, such as mergers & acquisitions, partnerships and R&D investments to augment their product portfolio and gain a strong ground in the market.
Gluten Feed Industry News
- In June 2022, Tate & Lyle PLC acquired Quantum Hi-Tech (Guangdong) Biological Co., Ltd (Quantum), a prominent prebiotic dietary fiber business in China, for bolstering its fortification platform and global presence in dietary fibers, particularly in China and Asia.
What Information does this report contain?
Historical data coverage 2018 to 2023; Growth Projections 2024 to 2032.
Expert analysis industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts major segments covering applications, top products and geographies.
Competitive landscape reporting market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Table of Content
Will be Available in the sample /Final Report. Please ask our sales Team.
Will be Available in the sample /Final Report. Please ask our sales Team.