Fermented Feed Ingredients Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented by Ingredient (Amino Acids, Vitamins & Minerals, Organic Acid, Probiotics & Prebiotics, Others), By Form (Liquid v/s Dry), By Animal Type (Poultry, Swine, Ruminant, Aquatic, Others), By Region and Competition 2018-2028
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationFermented Feed Ingredients Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented by Ingredient (Amino Acids, Vitamins & Minerals, Organic Acid, Probiotics & Prebiotics, Others), By Form (Liquid v/s Dry), By Animal Type (Poultry, Swine, Ruminant, Aquatic, Others), By Region and Competition 2018-2028
Growing Usage of Fermented products for Feeding Poultry Animals
An increase in the preference for non-vegan food has led to an increase in the demand for poultry, especially chicken. This is likely to be a major driver for the poultry feed market. Another factor responsible for the growth of the fermented feed market is increase in the overall intake of proteins to enhance nutrition with cost savings. Moreover, fermented feed helps increase the feed quality & nutritional value of products, increases the egg weight of birds, improves their digestibility, and strengthens their immune system, which ultimately boosts their ability to resist diseases and bacterial infection.
Increasing Concern About Animal Health Problems
Feed production is increased across the globe in 2021, by dairy at 10.76%, by beef at 9.35%, by pets at 2.76%, and by broilers at 28.47%.
Growing Demand for Consumption of Animal Proteins
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Market Segmentation
Market Players
BASF SE, Balchem Inc., Cargill, Inc., Chr. Hansen A/S, AB Vista, Archer Daniels Midland Company, Ajinomoto Co. Inc., Angel Yeast Co., Ltd., CJ Corp., Fermented Nutrition Corporation
Recent Development
For instance, in August 2018, Balchem Inc. acquired Bioscreen Technologies to add Bioscreen's fermented animal nutrition product line to their business line.
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic
Data |
2018 – 2021 |
|
Estimated
Year |
2023 |
|
Forecast
Period |
2024 – 2028 |
|
Quantitative
Units |
Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
|
Report
coverage |
Revenue
forecast, company share, competitive landscape, growth factors, and trends |
|
Segments
covered |
·
By Ingredient ·
By Form ·
By Animal Type ·
By Region |
|
Regional
scope |
North
America; Europe; Asia Pacific; South America; Middle East & Africa |
|
Country
scope |
United States; Mexico; Canada; France; United Kingdom; Italy;
Germany; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina;
Colombia; South Africa; UAE; Saudi Arabia; Turkey; Egypt |
|
Key
companies profiled |
BASF SE, Balchem Inc., Cargill, Inc., Chr. Hansen A/S, AB Vista,
Archer Daniels Midland Company, Ajinomoto Co. Inc., Angel Yeast Co., Ltd., CJ
Corp., Fermented Nutrition Corporation |
|
Customization
scope |
10% free report customization with purchase. Addition or alteration
to country, regional & segment scope. |
|
Pricing and
purchase options |
Avail
customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery
Format |
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request) |
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