Animal Feed Protein Ingredients Market Fluctuations by Covid-19 Pandemic, Top 3 Trends, Volume, Value, Share, During 2020-2026

Animal feed protein ingredients market share is poised to witness steady growth. This is credited mainly to the growing demand for protein ingredients in animal feed applications, and the burgeoning agricultural sector supported by evolving standards of living worldwide.

The intensifying focus of farmers on the health of their livestock, and their efforts to prevent deteriorating health conditions and boost productivity will also add impetus to industry growth over the coming years. Based on Global Market Insights, Inc. estimates, the global animal feed protein ingredients market size is set to surpass $220 billion by 2026.

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Immunity-boosting nutrition for swine livestock
Based on livestock, the swine livestock segment holds over 20% of the overall animal feed protein ingredients industry share. This is largely attributed to rising instances of ASF (African Swine Fever), a highly contagious disease that affects wild boar and pigs, and does not have a vaccine. The use of effective protein ingredients in animal feed helps boost the nutritive value and immunity of the livestock against viruses and other infectious agents.

Furthermore, various initiatives such as the “We Care Initiative” established by the national pork board in the U.S., state organizations representing farmers, and the National Pork Producer’s Council are likely to drive market expansion. The core objectives of the initiative include the protection and promotion of animal welfare, protection of the public, and production of safe food, among others.

Additionally, proliferating consumption of pork, given the myriad health benefits including high thiamin, protein, niacin, selenium, phosphorous, potassium, riboflavin, vitamin B-6, and zinc content is expected to propel product demand over the estimated timeline.

Initiatives by market players for productivity enhancement

The global animal feed protein ingredients industry outlook is bolstered considerably by the presence of players such as Catalysta, Dupont, Nutraferma LLC, Burcon Nutrascience Corporation, CHS, ADM, Titan biotech, Hamlet Proteins, Alltech, Koninklijke DSM N.V., and Proliver. These players are involved in several strategic activities like expansion of manufacturing capabilities to improve productivity and accelerate industry growth.

To illustrate, Kemin industries announced the expansion of its Chennai-based manufacturing plant in March 2019. The company was set to make an $8 million investment for the Chennai Plant 2 expansion, in India, which would help address the growing demand for specialized nutritional ingredients for the animal protein ingredients market in South Asia.

Higher production levels for fish meal in Peru
The South America animal feed protein ingredients industry is projected to gain rapid traction over the estimated timeline, as a result of the escalating fish meal production in Peru. Peru is known to be the largest fish meal producer, accounting for almost 16% of the global fish meal production. In 2017, over 730-kilo tons of fish meal was produced in Peru, indicating a rise of nearly 11% from 2016.

The fish meal production levels in 2016 fell to almost 27% from 2015, owing to the effects of El Nino. However, the production levels in Peru regained their position in the market, as a result of positive climatic conditions which asserted a favorable impact on anchovy fish quality. This led to a rise in fish meal imports as demand grew, which in turn opened up lucrative growth prospects for the animal feed protein ingredients business landscape.

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Some Notable Report Offerings:
1. A detailed introduction of the Animal Feed Protein Ingredients market inclusive of the progress as well as the scenario of the market.
2. The production technique of the Animal Feed Protein Ingredients along with research and patterns observed.
3. A detailed study of the top players of the global Animal Feed Protein Ingredients market – information includes the company profile, manufacturer data, contact information, and information about commodities.
4. An intense scrutiny of the Global Animal Feed Protein Ingredients market potential, as well as the production costs,
5. The study explores the companies operating in the global Animal Feed Protein Ingredients market.

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Feed Phosphate Market: https://www.openpr.com/news/2282539/feed-phosphate-market-fluctuations-by-covid-19-pandemic

Egg Protein Powder Market: https://www.openpr.com/news/2282547/egg-protein-powder-market-fluctuations-by-covid-19-pandemic

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