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Fermented Feed Ingredients Market worth $12.43 billion by 2030, growing at a CAGR of 5.06% - Exclusive Report by 360iResearch
Fermented Feed Ingredients Market | 360iResearch
The Global Fermented Feed Ingredients Market to grow from USD 8.79 billion in 2023 to USD 12.43 billion by 2030, at a CAGR of 5.06%.
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Fermented feed ingredients refer to feed components that have undergone fermentation, a process involving the breakdown of the ingredient's organic substances by microorganisms and their enzymes. This transformation enhances the nutritional value of the feed and improves its digestibility and safety by reducing harmful pathogens. Including fermented feed ingredients in animal diets is increasingly recognized for its importance in promoting animal health, efficiency in nutrient absorption, and contributing to the sustainability of animal farming practices. Consequently, fermented feed ingredients play a pivotal role in the modern livestock and aquaculture industries, offering a pathway to more natural, efficient, and healthy production methods. There is a growing awareness among farmers and animal keepers about the importance of animal health and nutrition. Fermented feed ingredients are known to improve gut health and boost the immune system of animals. This has increased the preference for these ingredients over traditional feed, driving demand for fermented feed ingredients. However, the stringent regulations associated with animal feed ingredients are a significant challenge for the manufacturers. Moreover, technological advancements in biotechnology have led to the development of more effective and efficient fermentation processes. This resulted in producing high-quality fermented feed ingredients at a lower cost, making them more accessible for widespread use and driving future demand.
In the Americas, the United States, and Canada are pivotal in the fermented feed ingredients market. These countries show an increasing trend towards sustainable and organic farming practices, pushing the demand for natural fermented feed products. The focus on reducing antibiotics in animal feed propels research and adoption of fermented ingredients. Trends indicate a surge in consumer demand for transparency and sustainability in the feed-to-food chain, influencing purchasing behaviors significantly. In EMEA, strict regulations regarding animal feed and additives, coupled with a high priority on animal welfare, fuel the demand for fermented feed ingredients. The market is characterized by advanced research on probiotics and prebiotics to replace antibiotics in feed. Meanwhile, the market is emerging in the Middle East and Africa, with increased investments in the animal feed sector and a growing awareness of the impact of feed quality on livestock productivity and health. The Asia Pacific region, particularly China, Japan, and India, represents a significant market for fermented feed ingredients due to the area's extensive livestock farming and aquaculture practices. High demand for protein-rich animal feed, growing awareness about animal health, and increasing consumption of dairy and meat products contribute to the market's growth.
Market Segmentation & Coverage:
This research report categorizes the Fermented Feed Ingredients Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Microbial Cultures, Prebiotics, and Protein-rich Ingredients. The Microbial Cultures is further studied across Lactic Acid Bacteria, Molds, and Yeast. The Prebiotics is projected to witness significant market share during forecast period.
Based on Form, market is studied across Dry and Liquid. The Liquid is projected to witness significant market share during forecast period.
Based on Livestock, market is studied across Poultry, Ruminant, and Swine. The Poultry is projected to witness significant market share during forecast period.
Based on Distribution Channel, market is studied across Offline and Online. The Offline is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.28% in 2023, followed by Asia-Pacific.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Fermented Feed Ingredients Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Fermented Feed Ingredients Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Fermented Feed Ingredients Market, highlighting leading vendors and their innovative profiles. These include 3FBIO Ltd., Adisseo, Alltech Inc., Angel Yeast Co., Ltd., BASF SE, BioMar Group A/S, Cargill, Incorporated, Chr. Hansen Holding A/S, Eastman Chemical Company, Evonik Industries AG, Heforma GmbH, Kemin Industries, Inc., Koninklijke DSM N.V., Lallemand Animal Nutrition, Lesaffre Animal Care, Ohly GmbH, POET, LLC, Ridley Corporation, The Archer-Daniels-Midland Company, and Yara International.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Fermented Feed Ingredients Market, by Product
7. Fermented Feed Ingredients Market, by Form
8. Fermented Feed Ingredients Market, by Livestock
9. Fermented Feed Ingredients Market, by Distribution Channel
10. Americas Fermented Feed Ingredients Market
11. Asia-Pacific Fermented Feed Ingredients Market
12. Europe, Middle East & Africa Fermented Feed Ingredients Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Fermented Feed Ingredients Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Fermented Feed Ingredients Market?
3. What is the competitive strategic window for opportunities in the Fermented Feed Ingredients Market?
4. What are the technology trends and regulatory frameworks in the Fermented Feed Ingredients Market?
5. What is the market share of the leading vendors in the Fermented Feed Ingredients Market?
6. What modes and strategic moves are considered suitable for entering the Fermented Feed Ingredients Market?
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