The global protein hydrolysate for the animal feed application market size was valued at USD 560.5 million in 2020 and is expected to reach USD 671.2 million by 2028, expanding at a CAGR of 3% during the forecast period, 2021 – 2028. The growth of the market is attributed to rising awareness about protein hydrolysate for animal feed, growing use of the online distribution channel, and easy availability of products.
Protein hydrolysate is a mixture of amino acids made by separating a protein with acid, alkali, or enzyme, and is commonly used as a feed for various animals, due to its high nutritional value. Peptides and collagen present in protein hydrolysate are safe for consumption by sheep, swine, goats, poultry, and equines. Fish protein hydrolysates are widely used in the poultry industry, due to their high protein, calcium, and fat content, which are essential for their development. Fish residues are used in poultry and cattle feed, resulting in healthy eggs, milk, and meat.
The report on the global protein hydrolysate for the animal feed application market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes | Details |
Report Title | Protein Hydrolysate for Animal Feed Application Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2020 |
Historic Data | 2018–2019 |
Forecast Period | 2021–2028 |
Segmentation | Sources (Animal Protein Hydrolysate, Fish Protein Hydrolysate, Plant Protein Hydrolysate, and Milk Protein Hydrolysate), Forms (Powder and Paste), Livestock (Poultry, Swine, Cattle, Calves, Aquaculture, Equine, and Pets), Technology (Acid Hydrolysis and Enzymatic Hydrolysis), and Applications (Industrial and Commercial) |
Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report | SOPROPECHE, Copalisa Solutions,Diana Aqua (Symrise), Bio-Marine Ingredients Ireland,Scanbio Marine Group, Janatha Fish Meal & Oil Products, Drammatic Organic Fertilizer, Hofseth Biocare ASA, C.R. Brown Enterprises, and 3D Corporate Solutions |
Fish Protein Hydrolysate segment to account for a large market share
Based on the sources, the protein hydrolysate for the animal feed application market is divided into animal protein hydrolysate, fish protein hydrolysate, plant protein hydrolysate, and milk protein hydrolysate. The fish protein hydrolysate segment is anticipated to account for a large share of the market during the forecast period, due to easy availability of raw materials.
Powder segment to grow at a rapid pace
On the basis of forms, the market is segmented into powder and paste. The powder segment is expected to grow at a rapid pace during the forecast period, due to its long shelf life and ease of shipping.
Aquaculture segment to account a key market share
In terms of livestock, the protein hydrolysate for the animal feed application market is categorized as poultry, swine, cattle, calves, aquaculture, equine, and pets. The aquaculture segment is estimated to account for a key share of the market during the forecast period. Rising consumer demand for high-quality seafood products and stringent regulations in the fishing industry drives the need for protein hydrolysates, which is used in the production of fish and shrimp feed. Additionally, growing demand for high-performance feed for sturgeons is expected to boost the aquaculture segment.
Enzymatic Hydrolysis segment to grow at a robust rate
Based on the technology, the market is divided into acid hydrolysis and enzymatic hydrolysis. The enzymatic hydrolysis segment is expected to expand at a robust CAGR during the forecast period. The enzymatic hydrolysis segment dominates the global market, as it requires less heat, which keeps the tryptophan content of plant and animal sources at a normal level, preventing the breakage of bonds between them and ensuring high nutrient content.
Industrial segment to account a large market share
In terms of applications, the protein hydrolysate for the animal feed application market is segregated into industrial and commercial. The industrial segment is projected to grow at a rapid pace during the forecast period, as large quantity of protein hydrolysate is used as raw material for feed manufacturing.
Growing demand for protein hydrolysate in various regions
Based on regions, the global protein hydrolysate for the animal feed application market is fragmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market during the forecast period, due to rising awareness about animal health among consumers in agrarian countries such as China and India.
Germany dominates the market in Europe, due to the growth of the poultry industry, which in turn, increases production and consumption of protein hydrolysates. The US dominates the market in North America, due to increasing consumer income and growing awareness about the importance of feeding high-quality food to animals.
Leading manufacturers operating in the global protein hydrolysate for animal feed application market include SOPROPECHE, Bio-Marine Ingredients Ireland, Scanbio Marine Group Hofseth Biocare ASA, Janatha Fish Meal & Oil Products, Drammatic Organic Fertilizer, C.R. Brown Enterprises, Copalisa Solutions,Diana Aqua (Symrise), and 3D Corporate Solutions.
Leading manufacturers operating in the global protein hydrolysate for animal feed application market include SOPROPECHE, Bio-Marine Ingredients Ireland, Scanbio Marine Group Hofseth Biocare ASA, Janatha Fish Meal & Oil Products, Drammatic Organic Fertilizer, C.R. Brown Enterprises, Copalisa Solutions,Diana Aqua (Symrise), and 3D Corporate Solutions.
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