Press release
Berry Extracts For Feed Market Size, Share, Trend Analysis, Segmentation And Forecast To 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Berry Extracts For Feed Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $8.53 billion In 2028 At A CAGR Of 7.1% :
The berry extracts for feed market size has grown strongly in recent years. It will grow from $6.06 billion in 2023 to $6.47 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increasing feed quality and nutritional value, industry focus on animal health and productivity, exploration of natural feed ingredients, shift towards sustainable farming practices, market emphasis on functional feed additives.
The berry extracts for feed market size is expected to see strong growth in the next few years. It will grow to $8.53 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to expansion in livestock and poultry industries, research advancements in animal nutrition, consumer preference for natural and functional feed additives, regulatory support for nutritional supplements, focus on animal welfare and performance optimization. Major trends in the forecast period include market shift towards natural feed additives, health and nutritional benefits, antioxidant-rich supplements, natural alternatives to synthetic additives, performance enhancement in livestock.
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Berry Extracts For Feed Market Major Segments
The berry extracts for feed market covered in this report is segmented -
1) By Form: Liquid, Powder, Pills
2) By Source: Natural, Synthetic
3) By Application: Pharmaceutical, Food And Beverage, Nutraceutical
Key Driver - Increasing Preference Drives Berry Extracts For Feed Market
The increasing preference for animal-based protein is expected to propel the growth of the berry extracts for feed market going forward. Animal protein refers to proteins that are derived from animal sources, such as meat, poultry, fish, eggs, and dairy products. These foods are considered high-quality sources of protein as they contain all of the essential amino acids. Berry extract feed, like blueberries, provides activated protein kinase (APK), an enzyme that helps to activate or signal the protein processing of animal proteins and humans. For instance, in 2022, according to the Organization for Economic Co-operation and Development (OECD) and Food and Agriculture Organization (FAO), 2022 Highlights, the global fish consumption is expected to reach 21.4 kg per capita in 2031, compared to 20.5 kg per capita in the year 2021. Additionally, in June 2021, according to the British Nutrition Foundation 2021 Highlights, a UK-based registered charity and non-profit organization, average daily protein consumption in the UK was 76.0 g/day for adults aged 19-64 years and 67.0 g/day for adults aged 65 years. Among them, animal protein intakes in the form of meat and meat products are 34%, and chicken and turkey are 16%. Therefore, the increasing preference for animal-based protein is driving the growth of berry extracts for the feed market.
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Prominent Trend - Solid Gold Introduces Advanced Berry Extract Supplements For Feed Market
Product innovations are a key trend gaining popularity in the berry extracts for feed market. Companies operating in the berry extracts for feed market are launching new products to sustain their position in the market. For instance, in March 2023, Solid Gold, a US-based pet food company, launched Supplements Solid Gold Leaps & Hounds and Solid Gold Grass Guardian for berry extracts for feed The Leaps & Hounds supplement chews are manufactured with premium, useful ingredients like glucosamine, turmeric, and MSM and are designed for dogs of all ages and abilities. Ideal for overweight, older dogs, and puppies. Solid Gold Grass Guardian Supplements support normal urine pH levels to maintain ideal bladder and urinary tract health, reducing dog urine's tendency to turn the lawn yellow. It is created with cranberry and D-mannose and includes a special enzyme blend to support the digestive system, which may aid in lessening grass burn.
Berry Extracts For Feed Market Players
Major companies operating in the berry extracts for feed market report are Nutrition N.V., Kemin Industries Inc., Biomin Holding GmbH, Impextraco NV, Merck Animal Health, Novus International Inc., Alltech Inc., Archer-Daniels-Midland Company, Nutra Green Biotechnology Co. Ltd., FutureCeuticals Inc., Bio-Botanica Inc., Berrico Food Company B.V., Mazza Innovation Ltd., Carrubba Inc., Shaanxi Guanjie Bio-Technology Co. Ltd., Perstorp Holding AB, E. I. du Pont de Nemours and Company, BASF SE, Cargill Incorporated, Kalsec Inc., Martin Bauer GmbH & Co. KG, Naturex S.A., Nexira SAS, Kerry Group plc, Fytexia SAS, PT Phytochemindo Reksa, Sabinsa Corporation, Frutarom Industries Ltd., Batory Foods Inc., Indena S.p.A.
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the berry extracts for feed market in 2023. The regions covered in the berry extracts for feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Berry Extracts For Feed Market Report Structure
3. Berry Extracts For Feed Market Trends And Strategies
4. Berry Extracts For Feed Market - Macro Economic Scenario
5. Berry Extracts For Feed Market Size And Growth
…..
27. Berry Extracts For Feed Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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