Rising Demand For Animal Feed Fuels Growth In The Meat And Bone Meal Market Driver: A Major Catalyst in the Evolution of the Meat And Bone Meal (MBM) Market in 2025

What combination of drivers is leading to accelerated growth in the meat and bone meal (mbm) market?
The escalating need for animal feed is projected to propel the expansion of the meat and bone meal market in the future. Animal feeds, which are specially formulated food products, cater to the dietary requirements of livestock, poultry, and other tamed animals, thereby promoting their growth, health, and productivity. The surge in global consumption of meat, dairy items, and eggs, the growth in livestock production, and the necessity for enhanced efficiency in animal farming all contribute to the increased demand for animal feeds. Meat and bone meal, recognized for its protein and mineral content as well as its economic advantages, is a popular ingredient in various animal feeds. For example, data from the UK's Department for Environment, Food, and Rural Affairs in July 2024 indicated that the total quantity of animal feed had risen by 5.9% from 29.3 million metric tons in 2022 to 31.1 million metric tons in 2023. Thus, the escalating demand for animal feed is facilitating the expansion of the meat and bone meal market.

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What is the projected compound annual growth rate (CAGR) of the meat and bone meal (mbm) market from 2025 to 2034, and what factors influence it?
In recent years, the Meat and Bone Meal (MBM) market has experienced consistent growth, with its value expected to rise from $5.95 billion in 2024 to $6.23 billion in 2025 at a Compound Annual Growth Rate (CAGR) of 4.7%. The historical growth in this market can be attributed to factors such as rising demand for rendered products, expansion in the biofuel sector, increase in commercial pig farming, enhanced research and development activities, and growing cognizance of sustainable animal by-products.

In the coming years, the meat and bone meal (MBM) market is anticipated to experience consistent expansion. The market size is projected to reach $7.38 billion by the year 2029, with a compound annual growth rate (CAGR) of 4.3%. This growth can be ascribed to various factors during the forecasted period such as the increasing demand for eco-friendly animal feed solutions, advancements in protein extraction methodologies, expanding global livestock populations, surging global meat consumption, and the growing consumer inclination towards high-protein diets. Other notable trends during this period that will shape this market include technological progression, environmentally responsible feed solutions, programs for swine nutrition, sustainable agriculture practices, and the emergence of synthetic feed ingredients.

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How are the latest trends influencing the growth of the meat and bone meal (mbm) market?
To provide consumers with convenience and extended shelf-life, key players in the meat and bone meal (MBM) market, such as Meatly, are concentrating on creating innovative offerings like cultivated meat products. Also known as cultured or cell-based meat, this alternative is made by cultivating animal cells under regulated conditions, as opposed to traditional methods of rearing and slaughtering animals. As a case in point, in March 2024, Meatly, a notably UK-based pet food manufacturer, introduced a cultivated chicken pet food product. The company utilizes a unique three-stage process, beginning with a tiny sample of cells taken from a chicken egg. After being supplemented with the required vitamins, minerals, and amino acids, these cells are nurtured in an environment with controlled temperature and acidity levels.

What are the major segments of the meat and bone meal (mbm) market and their role in driving growth?
The meat and bone meal (MBM) market covered in this report is segmented -

1) By Type: Cow And Sheep Ingredients; Non Cow And Sheep Ingredients
2) By Product: 60% Protein; 65% Protein; Other Products
3) By Application: Animal Feed; Fuel; Fertilizer; Pet Food; Other Applications

Subsegments:
1) By Cow And Sheep Ingredients: Beef-Based Meat And Bone Meal; Sheep-Based Meat And Bone Meal; Mixed Cow And Sheep Meat And Bone Meal; Cow And Sheep Offal-Based Meal
2) By Non-Cow And Sheep Ingredients: Poultry-Based Meat And Bone Meal; Pork-Based Meat And Bone Meal; Fish-Based Meat And Bone Meal; Other Animal-Based Meat And Bone Meal; Mixed Animal-Based Meat And Bone Meal

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Which regions are key players in the growth of the meat and bone meal (mbm) market?
North America was the largest region in the meat and bone meal (MBM) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the meat and bone meal (MBM) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the meat and bone meal (mbm) market?
Major companies operating in the meat and bone meal (MBM) market are Scoular Company, Darling Ingredients Inc., SARIA Group, Pinnacle Foods Inc., Kemin Industries Inc., ForFarmers N.V., Sanimax, Kent Nutrition Group, Purina Animal Nutrition LLC, Baker Commodities Inc., Ridley Corporation Limited, TraceGains Inc., De Heus Animal Nutrition B.V., Farol S.A., Anandi Enterprises Pvt. Ltd., JG Pears Group Ltd., Seeds and Cereals Ltd., Maxland Group, Euroduna Rohstoffe GmbH, Akiolis Group, Ten Kate Holding B.V., Nugen Feeds Pvt. Ltd., Befriend Agro Product Pvt. Ltd.

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What Is Covered In The Meat And Bone Meal (MBM) Global Market Report?

•Market Size Forecast: Examine the meat and bone meal (mbm) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the meat and bone meal (mbm) market for a structured understanding.
•Key Players Overview: Analyze major players in the meat and bone meal (mbm) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the meat and bone meal (mbm) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the meat and bone meal (mbm) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the meat and bone meal (mbm) market.
•Industry Challenges: Identify potential risks and obstacles affecting the meat and bone meal (mbm) market.
•Competitive Landscape: Review strategic developments in the meat and bone meal (mbm) market, including expansions, agreements, and new product launches.

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