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Transformative Trends Impacting the STAY-C For Feed Market Landscape: Strategic Partnerships To Enhance Stay-C-For-Feed Offerings
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 STAY-C For Feed Market Size By 2025?
The market size of Stay-C for feed has seen substantial growth in the previous years. It is projected to increase from $4.34 billion in 2024 to $4.68 billion in 2025, with a compound annual growth rate (CAGR) of 7.8%. Factors such as concerns over livestock health, adherence to regulations, increase in meat consumption, a focus on feed efficiency, and disease outbreaks have all contributed to the growth experienced during the historic period.
How Big Is the STAY-C For Feed Market Size Expected to Grow by 2029?
In the upcoming years, the Stay-C for feed market is projected to witness robust growth, reaching a size of "$6.38 billion by 2029 with a compound annual growth rate (CAGR) of 8.1%. The anticipated growth during the forecast period can be linked to an escalated focus on antibiotic substitutes, a surge in consumer demand for superior quality meat, worries about environmental sustainability, exactitude in livestock farming, and strategic partnerships within the livestock sector. The trend throughout the predicted period includes progress in feed additive technology, expansion of research and development, incorporation of blockchain traceability in feed supply chain, plant-based additives, and the digitization of feed management.
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Which Key Market Drivers Powering STAY-C For Feed Market Expansion and Growth?
The upward trend in meat and poultry consumption is projected to spur the expansion of the STAY-C for feed market. Meat, which encompasses animal flesh like fish, fowl, and different poultry products consumed as food, demands the presence of STAY-C to ensure the health of the feed and to encourage the production of collagen. This collagen is vital for reinforcing muscles, vascular tissues, bones, and cartilage. For example, data from the US-based Federal agency, The United States Department of Agriculture (USDA), showed that despite a surge in meat prices, consumers consumed an average of 227 pounds of poultry, beef, and pork in 2022. This was up from 224.9 pounds recorded in 2021. Consequently, the swelling demand for meat and poultry products propels the STAY-C for feed market's growth.
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What Long-Term Trends Will Define the Future of the STAY-C For Feed Market?
Key players in the Stay-C-for-feed market are placing emphasis on strategic collaborations to strengthen product advancement, broaden their market penetration, and optimize animal health solutions. A strategic partnership usually embodies a cooperative relationship among two or more institutions wherein they pool their resources, proficiency, and endeavors to accomplish shared goals or ambitions. For example, in February 2024, Cargill, Incorporated, a US-based food corporation that provides STAY-C for feed forged a partnership with Enough, a UK-based manufacturer of mycoprotein-based food. In this partnership, Cargill made an investment in Enough's Series C funding round and inked a commercial agreement to utilize and promote its Abunda mycoprotein, a food ingredient rich in amino acids and dietary fiber, produced via a zero-waste fermentation procedure employing fungi and sustainably procured sugars from Cargill's glucose syrup. This extended collaboration with Cargill is projected to facilitate the mutual creation of alternative protein foods and aid in scaling up production throughout Europe and other regions.
What Are the Emerging Segments in the STAY-C For Feed Market?
The stay-c for feed market covered in this report is segmented -
1) By Function: Single Functioned, Multi Functioned
2) By Formulation: Dry, Liquid, Other Formulations
3) By Livestock: Swine, Ruminants, Poultry, Aquatic Animals, Other Livestock
Subsegments:
1) By Single Functioned: Stay-c For Specific Feed Types, Basic Formulations With A Single Benefit
2) By Multi Functioned: Stay-c With Multiple Benefits, Formulations Combining Various Ingredients For Enhanced Performance
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Who Are the Global Leaders in the STAY-C For Feed Market?
Major companies operating in the stay-C for feed market include Cargill Incorporated, Archer-Daniels-Midland Company, BASF SE, Charoen Pokphand Foods Public Company Limited, Evonik Industries AG, CP Group, Solvay Group, DSM, Guangdong Haid Group Co Ltd, ForFarmers N.V., Nutreco N.V., Chr. Hansen Holding A/S, New Hope Group, Balchem Corporation, Longxing Chemical Stock Co. Ltd., Spectrum Chemical Manufacturing Corporation, Plamed Group, Lallemand Inc., Polifar Group, Hugestone Enterprise Co. Ltd., Kangcare Bioindustry Co. Ltd., Shanghai Longyu Biotechnology Co. Ltd., Tianjin YR Chemspec Technology Co. Ltd., Ajinomoto Co. Inc., Hubei Artec Biotechnology Co. Ltd.
Which are the Top Profitable Regional Markets for the STAY-C For Feed Industry?
Asia-Pacific was the largest region in the STAY-C for feed market in 2024. The regions covered in the stay-C for feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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