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Feed Fats and Proteins Market: Driven by Swift Industry Growth and a CAGR of 6.4%, Reaching $12.75 Billion by 2029
Feed Fats and Proteins Market
What Is The Projected Market Size Of The Global Feed Fats And Proteins Market And Its Growth Rate?
The global feed fats and proteins market has seen notable growth and is expected to continue to thrive.
• Market growth from $9.35 billion in 2024 to $9.96 billion in 2025 occurred at a compound annual growth rate (CAGR) of 6.6%.
• This growth can be attributed to the industrialization of livestock farming and a number of other factors.
• The market size is projected to reach $12.75 billion in 2029 at a CAGR of 6.4%.
• This anticipated growth in the forecast period is largely due to rising demand for animal protein and advancements in feed formulation, among other trends.
What Is Driving The Growth In The Feed Fats And Proteins Market?
The increase in pet adoption rates is a critical contributing factor to the growth of the feed fats and proteins market. The adoption of pets, particularly from shelters or rescue organizations, often leads to a need for high-quality feed fats and proteins to ensure pet health. The ongoing commitment to pet adoption initiatives has been well-documented, with 4.8 million animals finding homes in America in 2023 alone.
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Who Are the Key Players Driving Feed Fats And Proteins Market Growth?
The feed fats and proteins market is shaped by the operations of several major companies, including:
• The Archer-Daniels-Midland Company
• Darling Ingredients Inc.
• The Scoular Company
• Omega Protein Corporation
• Roquette Frères
• Bunge Limited
• Euroduna Rohstoffe GmbH
• AGRANA Group
• Land O'Lakes Inc.
What Are The Key Trends In The Feed Fats And Proteins Market?
Significant trends impacting the growth of the feed fats and proteins market include:
• Technological advancements in feed formulation
• Traceability and transparency of food products
• Integrated digital technologies
• Innovations in feed additives
• Sustainable sourcing of ingredients
What Are The Segments Of The Global Feed Fats And Proteins Market?
The global feed fats and proteins market is broadly segmented into the following categories:
• By Source: Animal, Plants
• By Product: Oilseed Meal, Fishmeal, Animal By-Product Meal, Other Products
• By Livestock: Ruminants, Poultry, Aqua, Swine, Equine, Other Livestock
Which Region Leads The Feed Fats And Proteins Market?
Asia-Pacific was the largest region in the feed fats and proteins market in 2024 and is expected to be the fastest-growing region during the forecast period. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Feed Fats And Proteins Market Global Market Report?
- Market Size Analysis: Analyze the Feed Fats And Proteins Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Feed Fats And Proteins Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Feed Fats And Proteins Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Feed Fats And Proteins Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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