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Berry Extracts For Feed Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Berry Extracts For Feed Market Size By 2025?
There has been a significant growth in the berry extracts for the feed market size in the past few years. The market, which was worth $6.42 billion in 2024, is projected to increase to $6.81 billion in 2025 with a compound annual growth rate (CAGR) of 6.1%. The expansion during the historic period is attributed to factors such as a concern for improving the quality and nutritional content of feed, industry's emphasis on animal health and productivity, the discovery of natural feed ingredients, a shift towards sustainable farming methods, along with market's focus on functional feed additives.
How Big Is the Berry Extracts For Feed Market Size Expected to Grow by 2029?
In the coming years, a sturdy surge is anticipated in the market of berry extracts for feed, potentially soaring to ""$9.17 billion by 2029 with a compound annual growth rate (CAGR) of 7.7%. The expansion in the poultry and livestock sectors, advancements in animal nutrition research, inclination towards natural and functional feed additives, regulatory backing for nutritional supplements, emphasis on animal well-being, and performance optimization are contributory factors for this growth during the forecast period. The market is foreseeing trends towards natural feed additives, health and nutrition benefits, antioxidant-laden supplements, natural replacements for artificial additives, and performance enhancement in livestock during the forecasted timeline.
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Which Key Market Drivers Powering Berry Extracts For Feed Market Expansion and Growth?
The growth of the market for berry extracts for feed is anticipated to be driven by the rising preference for protein sourced from animals. Such proteins are extracted from animal substances like meat, poultry, fish, eggs, and dairy products which are considered to be high-quality protein sources due to the presence of all essential amino acids. Berry extract feed, such as blueberries, offers activated protein kinase (APK), an enzyme that aids in the activation or signalling in the protein processing of these animal proteins as well as humans. For example, the Organization for Economic Co-operation and Development (OECD) and Food and Agriculture Organization (FAO) projected in their 2022 Highlights that the global fish consumption will increase to 21.4 kg per capita by 2031 from 20.5 kg per capita in 2021. Hence, the burgeoning preference for protein derived from animals propels the expansion of the market for berry extracts for feed.
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Which Fast-Growing Trends Are Poised to Disrupt the Berry Extracts For Feed Market?
The introduction of new products in the feed market utilizing berry extracts is becoming a prevalent trend. Firms in the industry are using product innovation as a strategy to maintain their market standing. For example, Solid Gold, an American pet food enterprise, introduced two new supplements, Solid Gold Leaps & Hounds and Solid Gold Grass Guardian in March 2023. Leaps & Hounds is a health supplement for dogs at all life stages and abilities, made from high-quality components such as glucosamine, turmeric, and MSM, and is especially beneficial for overweight and older dogs, as well as puppies. On the other hand, the Grass Guardian supplement assists in maintaining optimal urinary and bladder health for dogs by normalizing urine pH and reducing the likelihood of the lawn yellowing from dog urine. It's formulated with cranberry and D-mannose, and includes a unique combination of enzymes to aid digestion, thereby potentially reducing grass burn.
What Are the Emerging Segments in the Berry Extracts For Feed Market?
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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Who Are the Global Leaders 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.
Which are the Top Profitable Regional Markets for the Berry Extracts For Feed Industry?
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
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