Protein Hydrolysate Market for Animal Feed Application Worth $880mn by 2027, Says GMI
Protein Hydrolysate Industry for Animal Feed Application is projected to register over 5.5% CAGR between 2021 and 2027 propelled by increasing livestock production such as poultry, swine and cattle in order to meet rising demand for protein rich food.
SELBYVILLE, Del., June 24, 2021 /PRNewswire/ -- The protein hydrolysate market for animal feed application is expected to cross USD 880 Million by 2027, according to a new research report by Global Market Insights Inc. Rising demand for healthy & safe animal feed along growing awareness about livestock health will propel the industry landscape.
Animal protein hydrolysate are the good source of protein for newly weaned animals. Animal protein hydrolysate are categorized in poultry protein hydrolysate, bovine protein hydrolysate, and pig protein hydrolysate. Protein hydrolysate from animal by-products including antioxidants, antimicrobials, and other bioactive molecules offers promising applications on companion and production animals.
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Some major findings of the protein hydrolysate market for animal feed application report include:
- Acid hydrolysis technique of protein hydrolysate production achieves higher yields and is a cost-effective method of protein hydrolysis thereby expected to register over 5% CAGR through 2027.
- Milk protein hydrolysate segment is projected to register more than 4.5% CAGR during the projected timeframe owing to rising consumer awareness regarding the various benefits of milk protein hydrolysate on animals such as enhanced protein & fat digestibility, mineral absorption & retention, feed efficiency, and increased weight gains.
- Protein hydrolysates paste segment is projected to achieve over 6% CAGR between 2021 and 2027.
- North America protein hydrolysate market for animal feed application exceeded USD 160 million in 2020 driven by growth in aquaculture industry along with increasing awareness of healthy high protein feed.
- Key market players include Hofseth Biocare ASA, Great Pacific Bioproducts Ltd., 3D Corporation Solution, Nutrifish, C.R. Brown Enterprises, SOPROPECHE, Marutham Bio Ages Innovation (P) Ltd., and Scanbio Marine Group.
- Companies are focusing on including natural products and growth promoters in animal nutrition to increase performance and immune regulation along with obtaining better feed quality.
Browse key industry insights spread across 520 pages with 567 market data tables and 101 figures & charts from the report, "Protein Hydrolysate Market for Animal Feed Application (By Source {Animal Protein Hydrolysate [Bovine, Poultry, Pig], Fish Protein Hydrolysate, Plant Protein Hydrolysate [Soy, Sunflower], Milk Protein Hydrolysate [Whey, Casein]}, By Form [Paste, Powder], By Livestock {Poultry [Broilers, Layer], Swine, Cattle, Calves, Aquaculture [Salmon, Trouts, Shrimps], Equine, Pet}, By Technology {Acid Hydrolysis, Enzymatic Hydrolysis}), Industry Potential Outlook Report, Regional Analysis, Price Trend, Application Development, Competitive Landscape & Forecast, 2021 - 2027" in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/protein-hydrolysate-for-animal-feed-application-market
Plant protein hydrolysate market for animal feed application is expected to around 5.5% CAGR over the forecast period. Soybean meals are widely used as a raw material for manufacturing of protein hydrolysate due to its high nutritional content, which is important for the health of the animals, it is the most used feed for livestock. It is a cost-effective protein source used in animal feed. It represents around 65% of the total world output of protein-based animal feed, which also includes fish meal and several other oil meals.
Europe protein hydrolysate market for animal feed application is expected to surpass USD 300 million by 2027. Increasing meat production & processing due to government technical and financial assistance may drive animal feed industry growth, thereby driving the protein hydrolysate demand in Europe. Most of the poultry companies are developing and improving meat products in order to meet quality product demand for the consumers and other waste products for the animal consumption, thereby stimulating the regional industry statistics.
Browse the ToC of this report @ https://www.gminsights.com/toc/detail/protein-hydrolysate-for-animal-feed-application-market
Browse Related Report:
Fish Protein Hydrolysate Market Forecasts by Technology (Acid Hydrolysis, Enzymatic Hydrolysis), Form (Powder, Paste, Liquid), Source (Anchovy, Tilapia, Tuna, Sardine, Atlantic Salmon, Crustacean, Molluscs, Codfish), Application (Animal Feed, Pet Food, Food, Cosmetics, Agriculture, Pharmaceutical), Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast to 2026
https://www.gminsights.com/industry-analysis/fish-protein-hydrolysate-market
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Protein Hydrolysate Industry Forecasts 2021-2027
SOURCE Global Market Insights Inc.
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