The fermented feed market is anticipated to be worth around US$ 17.65 billion in 2022 and US$ 28.07 billion in 2032, with a CAGR of 4.7%.
Amino acids are in high demand as fermenting feed components due to their role in hastening the fermentation process. Because amino acids are readily absorbed, they can improve the taste of food. As a result, amino acids are frequently employed in the food and beverage sectors to give precise and timely results in their products.
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Growing consumer awareness of wholesome and healthy food for animals is driving market expansion, according to a report.
Company that does market research and competitive intelligence Fact.According to MR, the fermented feed market would grow at a CAGR of 4.7% from 2022 to 2032.Because fermented feed has the potential to improve feed efficiency while decreasing feed costs, the market is expected to grow somewhat. Growing public knowledge of the benefits of organically fermented feed is one of the primary factors driving the fermented feed market’s expansion. Because of the high demand for naturally fermented feed, leading players and manufacturers in the global fermented feed market have made substantial efforts and spent considerably in research and development to create related products. The market’s dimensions
Competitive Landscape:
Fermented feed manufacturers are concentrating on releasing new, calorie-efficient goods with natural ingredients that taste great. R&D has received significant funding to create goods that address particular needs. The market is expected to be driven by rising innovations and the introduction of new & improved items by prominent players over the coming years.
For instance:
Recently, Cargill Inc. developed an aquaculture research facility for the introduction of unique diets using fish fermentation.
Key Players:
- BASF SE
- Lallemand Inc.
- Lonza
- Cargill Inc.
- Evonik Industries AG
- Royal DSM NV
- Danisco A/S
- Hansen Holding A/S
- Archer Daniels Midland Company
- I. du Pont de Nemours and Company
- Angel Yeast Co., Ltd.
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Regional Analysis:
With a 29.8% market share, North America dominates the global fermented feed industry.
The greatest market for fermented feed products is in North America. The increasing level of customer awareness regarding the nutritional and health benefits of food products is credited with the market expansion in the area.
Due to growing consumer demand for high-protein diets for bodybuilding and general wellness, branched chain amino acid supplements (BCAAs) are being used increasingly frequently in performance nutrition plans. Consumers in the United States are more aware of the benefits amino acids have for their health and where they come from. Due to their clean label attributes, plant-based amino acids are increasingly being used as the primary source of amino acids. Europe holds a 24.3% market share worldwide. Due of stringent laws governing feed items, the industry in Europe is predicted to expand significantly. Due to the region’s rising population, modernization of the dairy and meat industries, and desire for diverse non-vegan cuisines in the hospitality sector, the Asia Pacific region is predicted to experience the fastest growth in the global fermented feed market.
Key Segments of Industry:
- By Type :
- Amino Acids
- Antibiotics & Vitamins
- Polymers
- Industrial Enzymes
- Organic Acids
- Others
- By Form :
- Liquid Fermented Feed
- Dry Fermented Feed
- By Process :
- Batch Fermentation
- Continuous Fermentation
- Aerobic Fermentation
- Anaerobic Fermentation
- By Livestock :
- Poultry
- Ruminants
- Swine
- Aquatic Animals
- Others
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