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Asia-Pacific Gluten Feed Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Source, Livestock, And By Country (India, China, Japan, South Korea, Australia, New Zealand, Malaysia, Vietnam, Philippines, Indonesia, Singapore, Rest of APAC) – Industry Analysis From 2024 to 2029

Published: March, 2023
ID: 1828
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia Pacific Gluten Feed Market Size (2024 to 2029):

Asia Pacific gluten feed market is expected to reach USD 0.37 billion in 2024 and reach USD 0.52 billion by 2029, growing at a CAGR of 5.82% from 2024 to 2029.

The gluten feed market is showcasing evident potential in the mentioned period. The market continues to gain momentum with the increase in protein demand in animal feed. Gluten feed is especially popular with producers who are close to processing plants to make transportation cost-effective. Gluten is a mixture of storage proteins, namely prolamins and glutelin, generally found in wheat and other grains like barley, corn, rye, etc. Gluten is added to pet feeds in order to enhance the content of protein and maintain animal health.

Lately, gluten feed has originated as a potential substitute for fish meal in aquaculture feed, leading to significant growth in the market. Other important factors driving the market for Gluten Feed include corn gluten feed being used as a cost-effective substitute for the expensive grain-based feed and strong demand for gluten feed in developing countries. Apart from these, the market also faces some challenges and restraints. Some of these are the availability of alternatives to local feed, sensitivity to gluten, changes in feed safety regulations in the European Union regarding GM organisms in gluten feed imports, and sulfur toxicity, which has been a rising concern for feed manufacturers.

This research report on the Asia-Pacific gluten feed market is segmented and sub-segmented into the following categories:

Asia Pacific Gluten Feed Market – By Livestock:

  • cattle
  • poultry
  • swine
  • aquaculture
  • other

Asia Pacific Gluten Feed Market – By Source:

  • corn
  • barley
  • wheat
  • rye
  • other

The market for gluten feed based on source segmentation is led by wheat and in livestock segmentation poultry accounted for the highest market share due to rising farmers awareness related to poultry and intensive farming techniques being adopted.

Asia Pacific Gluten Feed Market – By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

On the basis of geographical analysis, the Asia-Pacific market is segmented under various regions namely China, India, Japan, Australia and South Korea.

KEY MARKET PLAYERS:

Some of the major companies dominating the market, by their products and services, include Ingredion Incorporated, Archer Daniels Midland Company, Commodity Specialists Company, Cargill Incorporated, The Roquette Group, Tate & Lyle Plc, Grain Processing Corporation, Bunge Ltd., Agrana Group, Tereos Syral.

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