Gluten Feed Market By Source (Corn, Wheat, Barley, Rye And Others) By Livestock (Cattle, Swine, Poultry, Aquaculture And Others), And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast To 2027.
Gluten Feed Market Size, Trends & Growth:
Gluten Feed Market was worth USD 0.94 billion in 2021 and estimated to be growing at a CAGR of 5.7%, to reach USD 1.24 billion by 2026.
The Gluten Feed market is showcasing immense potential in the mentioned forecast period. The market continues to build up momentum, with the rise in demand for protein in the animal feed. Gluten feed is typically popular with producers who are close to processing plants in order to make transportation cost-effective. Gluten is a composition of storage proteins namely glutelin and prolamins, generally found in wheat and other related grains like barley, rye, corn, etc. Gluten is added to feeds for a pet in order to enhance the protein content, and as a result, maintain animal health.
Drivers and Restraints of Gluten Feed Market:
Gluten feed has recently come up as a potential substitute for fish meal in aquaculture feed, resulting in significant growth in the market recently. Other major factors driving the market for Gluten Feed include strong demand for gluten feed in developing countries and corn gluten feed being used as a cost-effective substitute for the expensive grain-based feed. Apart from the drivers, the market has also been facing some challenges and restraints. Some of them are sensitivity to gluten, availability of alternatives to local feed, change in regulations for feed safety in European Union regarding Gm organisms in gluten feed imports and sulphur toxicity which is a rising concern for feed manufacturers.
REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2021 – 2026 |
|
Base Year |
2020 |
|
Forecast Period |
2022 - 2027 |
|
CAGR |
5.7% |
|
Segments Covered |
By Source, Livestock and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
Ingredion Incorporated, The Roquette Group, Archer Daniels Midland Company, Cargill Incorporated, Tate & Lyle Plc, Bunge Ltd., Grain Processing Corporation, Agrana Group, Commodity Specialists Company, Tereos Syral. |
Gluten Feed Market Segmentation:
Gluten Feed Market – By Source:
-
Corn
- Barley
- Wheat,
- Rye and others
Gluten Feed Market – By Livestock:
- cattle
- poultry
- swine
- Aquaculture and others
The market based on source segmentation is dominated by wheat and based on livestock segmentation poultry accounted for the largest share in the market due to increasing awareness among farmers regarding poultry and adoption of intensive farming techniques.
Gluten Feed Market – By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- The Middle East and Africa
The Gluten Feed market was dominated by Europe, with the overall market share of over 35% globally. Europe was followed by Asia-Pacific and North America. The Asia Pacific is predicted to grow at a rapid pace in the coming few years. The Asia-pacific market is expected to show rapid growth in the years to come.
Key Players:
Some of the major companies dominating the market, by their products and services include Ingredion Incorporated, The Roquette Group, Archer Daniels Midland Company, Cargill Incorporated, Tate & Lyle Plc, Bunge Ltd., Grain Processing Corporation, Agrana Group, Commodity Specialists Company, Tereos Syral.
