Protein Hydrolysate for Animal Feed Application Market by 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), Applications (Industrial and Commercial), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
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.
Market Trends, Drivers, Restraints, and Opportunities:
- Protein-rich foods improve the health and well-being of animals, thus improving their yield, especially of farm animals. Rising awareness regarding the health of animals drives the demand for nutritious feed, which in turn propels the market.
- Growing adoption of pets and increasing use of manufactured and packaged pet food for food for fish, cats, dogs, and rabbits drives the market.
- Increasing demand for nutritious, nutrient-dense animal feed, and rising awareness about livestock health drives the demand for protein hydrolysate in livestock feed.
- Growing use of protein-based foods for pets is driving the market.
- Implementation of lockdowns, due to COVID-19, compelled many pet owners and farmers to adopt packaged feed for their animals, which in turn, propels the market.
- Companies manufacturing protein hydrolysate for animal feed are offering discounts on online purchases, thus driving the market.
- High manufacturing cost of protein hydrolysate and adverse health problems such as stomachache after consuming exceptionally high doses of protein hydrolysate restrains the market.
Scope of the Report:
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.
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Attributes |
Details |
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Report Title |
Protein Hydrolysate for Animal Feed Application Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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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) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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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 |
Market Segment Insights:
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.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Protein Hydrolysate for Animal Feed Application Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Protein Hydrolysate for Animal Feed Application Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Protein Hydrolysate for Animal Feed Application Market - Supply Chain
4.5. Global Protein Hydrolysate for Animal Feed Application Market Forecast
4.5.1. Protein Hydrolysate for Animal Feed Application Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Protein Hydrolysate for Animal Feed Application Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Protein Hydrolysate for Animal Feed Application Market Absolute $ Opportunity
5. Global Protein Hydrolysate for Animal Feed Application Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Applications
5.3.1. Industrial
5.3.2. Commercial
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Protein Hydrolysate for Animal Feed Application Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Protein Hydrolysate for Animal Feed Application Demand Share Forecast, 2019-2026
7. North America Protein Hydrolysate for Animal Feed Application Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Applications
7.4.1. Industrial
7.4.2. Commercial
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Protein Hydrolysate for Animal Feed Application Demand Share Forecast, 2019-2026
8. Latin America Protein Hydrolysate for Animal Feed Application Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Applications
8.4.1. Industrial
8.4.2. Commercial
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Protein Hydrolysate for Animal Feed Application Demand Share Forecast, 2019-2026
9. Europe Protein Hydrolysate for Animal Feed Application Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Applications
9.4.1. Industrial
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Protein Hydrolysate for Animal Feed Application Demand Share Forecast, 2019-2026
10. Asia Pacific Protein Hydrolysate for Animal Feed Application Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Applications
10.4.1. Industrial
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Protein Hydrolysate for Animal Feed Application Demand Share Forecast, 2019-2026
11. Middle East & Africa Protein Hydrolysate for Animal Feed Application Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Protein Hydrolysate for Animal Feed Application Market Size and Volume Forecast by Applications
11.4.1. Industrial
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Protein Hydrolysate for Animal Feed Application Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Protein Hydrolysate for Animal Feed Application Market: Market Share Analysis
12.2. Protein Hydrolysate for Animal Feed Application Distributors and Customers
12.3. Protein Hydrolysate for Animal Feed Application Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. SOPROPECHE
12.4.2. Copalisa Solutions
12.4.3. Diana Aqua (Symrise)
12.4.4. Bio-Marine Ingredients Ireland
12.4.5. Scanbio Marine Group
12.4.6. Janatha Fish Meal & Oil Products
12.4.7. Drammatic Organic Fertilizer
12.4.8. Hofseth Biocare ASA
12.4.9. C.R. Brown Enterprises
12.4.10. 3D Corporate Solutions
The global protein hydrolysate for animal feed application market has been segmented based on
Sources
- Animal Protein Hydrolysate
- Fish Protein Hydrolysate
- Plant Protein Hydrolysate
- Milk Protein Hydrolysate
- Powder
- Paste
- Poultry
- Swine
- Cattle
- Calves
- Aquaculture
- Equine
- Pets
- Acid Hydrolysis
- Enzymatic Hydrolysis
- Industrial
- Commercial
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- 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
- 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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