Protein Hydrolysate for Animal Feed Application Market by Source (Animal Protein Hydrolysate, Fish Protein Hydrolysate, Plant Protein Hydrolysate, and Milk Protein Hydrolysate), Form (Powder and Paste), Livestock (Poultry, Swine, Cattle, Calves, Aquaculture, Equine, and Pets), Technology (Acid Hydrolysis and Enzymatic Hydrolysis), Application (Industrial and Commercial), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023– 2031

The global protein hydrolysate for the animal feed application market size was valued at USD 562.7 million in 2022 and is expected to reach USD 980 million by 2031, expanding at a CAGR of 6% during the forecast period, 2023– 2031. 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.

COVID-19 Impact on Global Protein Hydrolysate for Animal Feed Application Market

The report finds that the COVID-19 pandemic moderately hampered the overall revenue of the global protein hydrolysate for animal feed application market due to the sharp decline in manufacturing consumer products worldwide. As a part of preventive measures imposed by governments across countries to curb the virus spread, the prolonged shutdown of factories had plummeted the overall demand for products.

The sudden disruption in the supply chain especially the lack of timely supply of raw materials forced protein hydrolysate for animal feed application manufacturers to either delay their production or reschedule their existing projects.

Protein Hydrolysate for Animal Feed Application Market Dynamics

The research report presents a complete market overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The global protein hydrolysate for animal feed application market report has up-to-date insights about market scenarios that can shape the overall market performance and output from 2023 to 2031.

What are the Drivers of the Protein Hydrolysate for Animal Feed Application Market?

Increased Demand for Nutrient-Dense Animal Feed

Protein-rich foods are estimated to improve the health and well-being of animals. This improves the yield, especially of farm animals. Rising awareness about the health of animals drives the demand for nutritious feed. There is a projected growth in the adoption of pets and an increase in the use of manufactured and packaged pet food for fish, cats, dogs, and rabbits. These factors drive the protein hydrolysate for the animal feed application market.

The projected significant increase in the demand for nutrient-dense animal feed and rising awareness about livestock health drive the demand for protein hydrolysate in livestock feed. The growing use of protein-based foods for pets is driving the market. Implementation of lockdowns due to the COVID-19 pandemic, compelled many pet owners and farmers to adopt packaged feed for their animals, which in turn is estimated to propel the market.

What Restraints the Protein Hydrolysate for Animal Feed Application Market?

High Doses of Protein Hydrolysate Can Cause Health Problems

The high manufacturing cost of a protein hydrolysate is estimated to hinder the growth of the market. Adverse health problems such as stomachache after consuming exceptionally high doses of protein hydrolysate restrain the market. The restrictions in the fish-catching businesses are estimated to affect the availability of raw materials.

What are the Opportunities in the Protein Hydrolysate for Animal Feed Application Market?

Proper Utilization of end-waste and Byproducts Needs Research and Development

Companies manufacturing protein hydrolysate for animal feed are offering discounts on pet E-commerce websites, thus driving the market and achieving an estimated higher consumer base. Additionally, the foods derived from animals leads to animal waste generation including skin, body frames, trimmings, and other which is not consumed by humans.

Proper utilization of these byproducts needs the help of research and development. These products are end-wastes of protein hydrolysate processes and contain high nutrient values. For instance, fish residues have efficient nutrients and thus are used in poultry and cattle feed which ultimately results in delivering healthier milk and eggs, which is projected to drive the demand for protein hydrolysates.

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.

Market Segment Insights:

How is the Fish Protein Hydrolysate Segment Generating More Revenue Share in the Protein Hydrolysate for Animal Feed Application Market?

The Easy Availability of Raw Materials

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 the easy availability of raw materials.

What are the Main Aspects of Boosting the Powder Segment?

Its Long Shelf Life and Ease of Shipping.

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. The protein hydrolysate in powder form is estimated to have an easy way of consumption for animals as it can be added to their feed. This helps in the easy absorption of nutrients.

Which Major Factors Influence the Significant Growth of the Aquaculture Segment?

Rising Consumer Demand for High-Quality Seafood products

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 due to rising consumer demand for high-quality seafood products.

Which Factors Influence the Substantial Growth of the Enzymatic Hydrolysis Segment?

Enzymatic Hydrolysis Requires Less Heat

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.

What Are the Reasons for Rising Sales in the Industrial Segment?

A large Quantity of Protein Hydrolysate Is Used as Raw Material for Feed Manufacturing.

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 a large quantity of protein hydrolysate is used as raw material for feed manufacturing.

                                                                       
What Are the Key Factors Driving the Regional Protein Hydrolysate for Animal Feed Application Market?

Rising Awareness About Animal Health in Countries Such as China and India.

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.

Segments

The global protein hydrolysate for animal feed application market has been segmented based on

Source

• Animal Protein Hydrolysate
• Fish Protein Hydrolysate
• Plant Protein Hydrolysate
• Milk Protein Hydrolysate

Form

• Powder
• Paste

Livestock

• Poultry
• Swine
• Cattle
• Calves
• Aquaculture
• Equine
• Pets

Technology

• Acid Hydrolysis
• Enzymatic Hydrolysis

Application

• Industrial
• Commercial

Region

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

Key Players

• Symrise
• SOPROPECHE
• Titan Biotech
• Copalis
• Bio-Marine Ingredients Ireland
• Scanbio Marine Group AS
• Dramm Corporation
• Bioiberica S.A.U
• Orffa
• 3D Corporate Solutions

Competitive Landscape

The competitive landscape of the global protein hydrolysate for animal feed application market report provides key insights into the growth strategies and development initiatives implemented by the key players in the market.

Key players competing in the global protein hydrolysate for animal feed application market are Symrise; SOPROPECHE; Titan Biotech; Copalis; Bio-Marine Ingredients Ireland; Scanbio Marine Group AS; Dramm Corporation; Bioiberica S.A.U; Orffa; and 3D Corporate Solutions.

Some of these major companies adopted various business development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production capacity expansion to expand their consumer base and enhance their market share. For instance,

• In February 2020, Bioiberica S.A.U. placed Palbio 50 RD, a high-quality protein supply for animal feed such as broilers and laying hens. This product helped the company in improved revenue generation by increasing its portfolio.