The Feed Fats and Proteins Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Feed Fats & Proteins Market is estimated to be USD 4.89 Billion in 2018 and predicted to rise to USD 6.33 billion by 2023 with a CAGR of 5.3%. The market is segmented by Source (Animal (Meat & Bone Meal, Poultry Meal, Tallow, Others) and Plant (Corn, Soybean, Cotton Seeds, Others)), by Livestock (Ruminants, Poultry, Aqua, Swine, Equine and Others). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
According to the current market trend the market is expected to show huge potential in the coming few years. The major driving factors include growth in demand for animal meat, industrialization of animal husbandry, increase in demand for milk and milk products and cost mitigation of livestock production. The Challengers and Restraints faced by the market are environmental concerns related to feed fats & proteins and disease outbreak in livestock.
The market for Feed Fats & Proteins is segmented on the basis of source and livestock. On the basis of source the market is dominated by the plant sector and is expected to show the highest growth rate as well. Based on segmentation by livestock the poultry segment leads the market share due to intensive farming techniques being practiced in poultry sector.
On the basis of geographical analysis, the market is dominated by the Asia Pacific region accounting for more than a third of the total market share. It is followed by market share of North America and Europe region. Europe is expected to show the highest growth rate in the upcoming years.
There are various companies showing interest in the market lately. Some of the major ones include Archer Daniels Midland Company (ADM), the Scoular Company, Darling International Inc, Omega Protein Corporation, Aarhuskarlshamn AB (AAK), Roquette Freres, Bunge Ltd., Lansing Trade Group LLC., Euroduna Rohstoffe Gmbh, Agrana Beteiligungs-AG (Agrana).
Browse through the full report at “http://www.marketdataforecast.com/market-reports/global-feed-fats-and-proteins-market-2045/” and checkout our recent reports in the Animal Feed category at “http://www.marketdataforecast.com/research-reports/agriculture/animal-feed-7/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.