4 Jun 2019 - Global Feed
Ingredients Market is estimated
to grow considerably in the coming years owing to high demand for feed due to
high efficiency of feed production segment. Feed ingredients are the part of
any mixture or combination added to the feed. They may include milling
by-products, grains, minerals, added vitamins, oils/fats, and other energy
sources and nutrition. Feed ingredients are made from animal and plant
by-products are only consumed by the animals.
Reasons
for the growth of feed ingredients market include increasing awareness for the
protein consumption by animals, rise in the production of industrial livestock,
implementation of sustainable farming methods, and growing awareness for the
benefits offered by feed ingredients. However, feed ingredients market is
hampered by strict regulations by (EFSA) European Food Safety Authority and
(FDA) Food and Drug Administration, due to the risk of adverse effects on human
health and on the environment.
Growth
in health conscious population, increasing spending power of consumers, and
speedy urbanization in emerging economies is an opportunity for the
manufacturers to enlarge their customer base.
Feed
ingredients market is categorized on the basis of product type, livestock, and
geography. Based on product type, market is divided into soy meal, oil seed,
copra palm meal, rapeseed/canola meal, cotton seed meal, sunflower meal, fish
meal, other oil seed meal, and animal by product. Animal by product can be
further divided into poultry meal, meat & bone meals, feather meal, and
meat meal. Sunflower meal segment is predicted to grow significantly in the
coming years, since it is a high protein meal and is an ideal substitute for
fish meal.
By
livestock, market is divided into swine, aquaculture, poultry, cattle, equine,
pet food, and others. Aquaculture segment is expected to hold larger share of
the market due to increase in demand for sea food on the global scale and
growing awareness for the benefits offered by fish foods.
Geographically,
market is segmented as North America, Latin America, Europe, Asia Pacific, and
Middle East & Africa. North America accounted for the largest share of the
market due to increased production of soy bean and growing investment in
technological advancements for soy meal extraction. This is majorly
contributing to the growth of the market in the region. Further, Asia Pacific
and Europe also lead the market in the near future.
The
major players in feed ingredients market include Alltech, Evonik Industries,
ADM, Charoen Popkhand, AB Vista, Chr. Hansen, Novus International, Ballance
Agri-Nutrients, Addcon Group, Adisseo, ABF, Royal DSM, BASF, Cargill, Nutreco,
De Hues, Ewos Group, DeKalb Feeds, Danisco, Kyodo Shiryo, Kemin Industries,
Kent Feeds, Land O Lakes Purina, Novozymes, New Hope Group, Wen's Group, Weston
Milling Animal Nutrition, SKM Animal Feeds & Foods, and Venky's.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Feed Ingredients in these regions, from 2012 to
2023 (forecast), covering
•
North America (United States, Canada and Mexico)
•
Europe (Germany, France, UK, Russia and Italy)
•
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
•
South America (Brazil, Argentina, Columbia)
•
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Feed Ingredients market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
Archer Daniels Midland Company
•
Cargill
•
Adisseo
•
Alltech
•
Ridley
•
J.R. Simplot Company
•
Mosaic Company
•
Grain Millers
•
AB Vista
•
BASF SE
•
Evonik Industries
•
DSM
•
Bunge
•
Yara
•
Novus International
On the basis of product, this report
displays the production, revenue, price, market share and growth rate of each
type, primarily split into
•
Cereal Grains
•
Protein Meals
•
Soy Meals
•
Whey Products
•
Other
Comments
Post a Comment