PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1416192
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1416192
Animal Feed Protein Hydrolysate market is expected to witness over 6% CAGR during 2023-2032 driven by increased awareness and adoption of animal nutrition, and paradigm shift towards sustainable practices.
According to a report by WHO in 2022, the global population surpassed 8 billion, marking a one-third increase of 2.1 billion in the past 25 years. Projections suggest a further 20% growth, nearing 10 billion by 2050. The population boom and subsequent surge in meat consumption are intensifying the demand for efficient and sustainable animal feed solutions. Animal feed protein hydrolysate not only meets the nutritional needs of livestock but also aids in optimizing feed utilization, reducing environmental impact, and ensuring economic viability for farmers.
The global animal feed protein hydrolysate market is classified based on technology, livestock, source, form, and region.
The powder form segment is set for unprecedented growth during 2023-2032 driven by its ease of handling, storage, and incorporation into various feed formulations. The powder form ensures convenient mixing, uniform distribution, and improved digestibility, making it a preferred choice for feed manufacturers. Its popularity is further fueled by the increased demand for customized feed solutions tailored to meet specific nutritional requirements.
The aquaculture livestock segment is anticipated to grow steadily through 2032, attributed to the rapid growth of aquaculture sector globally. The emphasis on maximizing growth rates, enhancing immune responses, and optimizing feed conversion ratios of aquaculture aligns with the benefits offered by animal feed protein hydrolysate, promoting wider product adoption.
Asia Pacific animal feed protein hydrolysate market is positioned for robust growth between 2023-2032, fueled by a rising appetite for meat and seafood products and a burgeoning population in China, India, and Southeast Asian nations. The region's thriving livestock industry and an increasing awareness of the advantages of protein hydrolysates in animal nutrition further boost product integration. Moreover, as dietary preferences evolve and populations increase, the demand for high-quality animal feed solutions, such as protein hydrolysates, is on the ascent.