Press release
Berry Extracts For Feed Market Set to Reach $9.17 Billion by 2029 with 8% Yearly Growth
Berry Extracts For Feed Market
The growth of the berry extracts for feed market is predicted to be fueled by the escalating preference for protein derived from animals. Animal protein, sourced from meat, poultry, fish, dairy products, and eggs, is recognized as a superior source of protein because they carry all necessary amino acids. Berry extract animal feed such as blueberries have an enzyme called activated protein kinase (APK) which aids in signaling or activating the protein processing of animal proteins and humans. To illustrate, the global fish consumption in 2031 is forecasted to hit 21.4 kg per person based on the 2022 Highlights of the Organization for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO), a surge from the 20.5 kg per person in 2021. Hence, the rising preference for animal-based protein is promoting the expansion of the berry extracts for feed market.
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What growth opportunities are expected to drive the berry extracts for feed market's CAGR through 2034?
In recent years, the market size for berry extracts for feed has experienced robust growth. It's projected that this market will expand from $6.42 billion in 2024 to $6.81 billion in 2025, with a compound annual growth rate (CAGR) of 6.1%. Factors which have contributed to this growth during the historic period include an increased focus on the quality and nutritional value of feed, a heightened attention to animal health and productivity within the industry, the exploration of natural feed ingredients, a transition towards sustainable farming methodologies, and a market emphasis on the development of functional feed additives.
It is anticipated that the berry extracts for feed market will experience significant expansion in the upcoming years, reaching a valuation of $9.17 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 7.7%. Factors contributing to this projected growth during the forecast period include the enlargement of livestock and poultry sectors, advancements in animal nutrition research, consumer inclination towards natural and beneficial feed additives, regulatory backing for nutritional supplements, emphasis on animal welfare, and performance enhancement. The ongoing trends for the forecast period encompass a market inclination towards natural feed additives, health and nutritional advantages, supplements rich in antioxidants, natural replacements for synthetic additives, and enhancements in livestock performance.
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What are the emerging trends shaping the future of the berry extracts for feed market?
Advancements in product development are essentially a rapidly growing trend in the market for berry extracts for feed. Businesses in this market are introducing novel products to maintain their market standing. For example, in March 2023, Solid Gold, an American pet food firm, unveiled its new products, Solid Gold Leaps & Hounds and Solid Gold Grass Guardian, designed with berry extracts for feed. The Leaps & Hounds supplement bites are made using top-shelf, beneficial ingredients such as glucosamine, turmeric, and MSM, aimed at catering to dogs of every age and fitness level, including overweight, older canines, and puppies. The Solid Gold Grass Guardian Supplements help maintain ideal urine pH balance ensuring optimal bladder and urinary tract health, thus limiting the dog's urine's tendency to discolor the grass to yellow. These are formulated with cranberry and D-mannose, and feature a unique enzyme mix that boosts digestive health, potentially helpful in reducing grass discoloration.
Which growth-oriented segments of the berry extracts for feed market are leading the industry's development?
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
Subsegments:
1) By Liquid: Concentrated Liquid, Diluted Liquid
2) By Powder: Fine Powder, Coarse Powder
3) By Pills: Soft Pills, Hard Pills
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What regions are leading the charge in the berry extracts for feed market?
Asia-Pacific was the largest region in the berry extracts for feed market in 2024. 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
What companies are at the forefront of innovation in the berry extracts for feed market?
Major companies operating in the berry extracts for feed market include 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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What Is Covered In The Berry Extracts For Feed Global Market Report?
• Market Size Forecast: Examine the berry extracts for feed market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the berry extracts for feed market for a structured understanding.
• Key Players Overview: Analyze major players in the berry extracts for feed market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the berry extracts for feed market.
• Segment Contributions: Evaluate how different segments drive overall growth in the berry extracts for feed market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the berry extracts for feed market.
• Industry Challenges: Identify potential risks and obstacles affecting the berry extracts for feed market.
• Competitive Landscape: Review strategic developments in the berry extracts for feed market, including expansions, agreements, and new product launches.
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