PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1822636
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1822636
The global animal feed protein market was estimated at USD 322 billion in 2024 and is expected to grow from USD 333 billion in 2025 to USD 512.5 billion by 2034, at a CAGR of 4.9%, according to the latest report published by Global Market Insights Inc.
As global populations grow and incomes rise, especially in developing countries, the demand for meat and dairy products increases. This drives the need for high-quality animal feed protein to support healthy livestock growth and productivity.
Market Scope | |
---|---|
Start Year | 2024 |
Forecast Year | 2025-2034 |
Start Value | $322 Billion |
Forecast Value | $512.5 Billion |
CAGR | 4.9% |
The plant protein segment held a notable share in 2024, driven by its cost-effectiveness, abundant availability, and sustainable sourcing. Ingredients like soybean meal, canola, and pea protein are widely used for their high nutritional value and ease of digestion across multiple livestock species. Companies are investing in non-GMO and organic plant-based protein development, as well as in processing innovations that improve amino acid profiles and enhance bioavailability for targeted animal health benefits.
The poultry segment held a sustainable share in 2024, supported by high global demand for chicken meat and eggs due to their affordability and lean protein content. The market growth is fueled by large-scale commercial farming operations and increasing per capita poultry consumption. Key industry players are focusing on tailored feed formulations that boost feed conversion ratios and reduce disease risks. Strategies include incorporating enzyme-enhanced protein blends and region-specific nutrition plans to meet the unique requirements of broilers, layers, and breeders.
North America animal feed protein market generated notable revenues in 2024, backed by a well-established livestock sector, high consumer demand for meat and dairy, and advanced agricultural practices. Companies operating in North America are adopting forward-looking strategies, including mergers with feed mills, expansion of production facilities, and R&D investments in sustainable protein alternatives. Emphasis is also being placed on precision nutrition and digital feed management systems to enhance animal performance and reduce input waste.
Major players in the animal feed protein market are Angel Yeast, Deep Branch Biotechnology, Archer Daniels Midland Company (ADM), Ynsect, Nutraferma LLC, CHS Inc., Unibio Group, Innovafeed, DuPont (E.I. DuPont De Nemours and Company), Darling Ingredients, Kerry Group, Cargill Inc., Lallemand Inc., Crescent Biotech, and Imcopa Food Ingredients B.V.
To strengthen their market presence, companies in the animal feed protein sector are pursuing a combination of innovation, partnerships, and sustainability. Many are expanding into alternative protein sources-like algae and insect protein-to diversify their offerings and reduce reliance on traditional raw materials. Strategic alliances with livestock farms and nutrition research centers help tailor product development to real-world needs. Additionally, players are leveraging digital tools to provide data-driven feeding solutions that maximize efficiency. Branding efforts now also emphasize traceability and eco-certifications to align with evolving consumer and regulatory expectations.
( Note: the trade statistics will be provided for key countries only)