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Sustainable Animal Feed Market Nourishing Animals, Nourishing the Planet: Opportunities in the Sustainable Animal Feed Market

06-17-2024 07:06 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: InsightAce Analytic Pvt.Ltd

/ PR Agency: InsightAce Analytic Pvt.Ltd
Sustainable Animal Feed Market Nourishing Animals, Nourishing

Sustainable Animal Feed Market Assessment worth $ 58 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Sustainable Animal Feed Market- by Ingredient Types (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Antibiotics, Minerals, Antioxidants, Non-protein Nitrogen, Phytogenics, Preservatives, and Probiotics), Products (Algae, Insect, and Single-Cell Protein), Livestock (Poultry, Ruminants, Swine, Aquatic Animals, and Other Livestock (Equine and Pet food)), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

Get a free sample copy of the report: https://www.insightaceanalytic.com/request-sample/1199

According to the latest research by InsightAce Analytic, the global Sustainable Animal Feed market was valued at US$ 10.57 Billion in 2021, and it is expected to reach US$ 58.03 Billion by 2030, with a CAGR of 21.2% during a forecast period of 2024-2031.
The Critical Role of Animal Nutrition in Sustainability
Animal nutrition is the cornerstone of ensuring a long-term supply of nutritious and affordable animal protein. Balanced animal feed is key to a sustainable future for food production. Sustainable animal feed refers to safe, reliable, and nutrient-rich sources for fish, poultry, cattle, and companion animals.

It promotes environmental justice, efficient use of resources, and a positive impact on the social and economic well-being of consumers, communities, and businesses.

A sustainable animal diet meets production goals, yields safe animal products free of toxins, and provides a balanced mix of all necessary nutrients. Importantly, it's not just environmentally friendly, but also profitable for producers.

Drivers of the Sustainable Animal Feed Market
Several factors are driving the growth of the sustainable animal feed market:
• Increased demand from the livestock sector
• Shifting preferences towards sustainable pet food among owners
• Growing consumer awareness of animal health
• Rising consumer demand for animal products raised on sustainable feed
• Acceptance of new science and technology, particularly regarding the health benefits of algae-based feed ingredients
• Growing concerns about environmental safety, including the impact of traditional carbohydrate-heavy feed

Challenges and Opportunities
Over 70% of animal rearing costs go towards feed, impacting the entire livestock industry and related services. The animal feed market is shifting towards sustainable alternatives like additives and new feed sources, which is expected to accelerate industry growth.

However, there are challenges:
• Difficulty in offering affordable, wholesome, and environmentally friendly options
• Lack of regulations and standards for sustainable feed
• Rising costs of animal feed
• General lack of public awareness regarding animal feed sustainability
Despite these hurdles, the increasing demand for sustainable practices presents a significant opportunity for the animal feed industry.

By addressing these challenges and promoting transparency, the industry can play a crucial role in creating a more sustainable food system for the future.

North America is anticipated to be the major contributor to the Sustainable Animal Feed market over the forecast years due to the region's expanding production of beef and poultry and the rising number of product launches for sustainable animal feed. In addition, the Asia Pacific Sustainable Animal Feed market is expected to grow significantly during the forecast period because of the growing demand for animal feed and the increased knowledge of the health advantages of animal proteins among pet and livestock owners.

Major market players operating in the Sustainable Animal Feed market include BioProcess Algae LLC (US), algal Scientific (US), Fermentalg (France), Corbion (Netherlands), Sabrtech (Canada), BlueBioTech (Germany), MicroBio Engineering (MBE), Inc. (US), Euglena (Japan), Japan Veramaris (Japan), Global Algae Innovations (US), Culture BioSystems (US), and others.

Recent collaborations and agreements in the market:
• In July 2021, To help its soybean farmers adopt sustainable agricultural practices, Land O'Lakes' sustainability division, Truterra LLC, teamed up with Corbion (Netherlands). By working together, the US soybean supply shed farmers for Corbion can better learn about crop output and establish a baseline for sustainability for each field.

• In January 2021, Fermentalg signed an agreement with Suez, a domestic waste management firm, to create an equally-owned joint venture (JV) to develop algal photobioreactors for carbon capture. Products from algal carbon dioxide capture systems can be utilized for biocontrol, human nutrition, animal health, and air quality improvement.

Curious about this latest version of the report? Obtain Report Details @ https://www.insightaceanalytic.com/enquiry-before-buying/1199

Market Segments
Global Sustainable Animal Feed Market, by Ingredient Type, 2022-2030 (Value US$ Mn)
• Amino Acids
• Phosphates
• Vitamins
• Acidifiers
• Carotenoids
• Enzymes
• Mycotoxin Detoxifiers
• Flavors & Sweeteners
• Antibiotics
• Minerals
• Antioxidants
• Non-protein Nitrogen
• Phytogenics
• Preservatives
• Probiotics

Global Sustainable Animal Feed Market, by Products, 2022-2030 (Value US$ Mn)
• Algae
• Insect
• Single Cell Protein

Global Sustainable Animal Feed Market, by Livestock, 2022-2030 (Value US$ Mn)
• Poultry
• Ruminants
• Swine
• Aquatic animals
• Other livestock (equine and pet food)

Global Sustainable Animal Feed Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Sustainable Animal Feed Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe Sustainable Animal Feed Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Sustainable Animal Feed Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Sustainable Animal Feed Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Sustainable Animal Feed Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Sustainable Animal Feed market
 To receive an industry overview and future trends of the Sustainable Animal Feed market
 To analyze the Sustainable Animal Feed market drivers and challenges
 To get information on the Sustainable Animal Feed market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Sustainable Animal Feed market industry

For More Information @ https://www.insightaceanalytic.com/customisation/1199

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InsightAce Analytic Pvt. Ltd.
Tel.: +1 718 593 4405
Email: info@insightaceanalytic.com
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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