Rising demand for protein in Animal Feed has resulted in Gluten Feed Market to rapidly gain momentum

Rising demand for protein in Animal Feed has resulted in Gluten Feed Market to rapidly gain momentum

ID: 1919 | April 2017 | Region: Global

The Gluten Feed 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 Gluten Feed Market is estimated to be USD 0.84 million in 2016 and predicted to rise to USD 1.104 million by 2021 with a CAGR of 5.7%. The market is segmented by Source (Corn, Wheat, Barley, Rye and others) by Livestock (Cattle, Swine, Poultry, Aquaculture 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 trends, the Gluten Feed Market is predicted to show a rapid growth in the coming years. The factors driving this growth in the market include, potential substitute for fish meal in aquaculture feed, 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. The market is also facing some restraints and challenges, some of which are availability of local feed alternatives, sulfur toxicity being a rising concern for feed manufacturers, and change in feed safety regulations in European Union related to Gm organisms in gluten feed imports.

The Gluten Feed market has been segmented on the basis of source and livestock. Under source segmentation, the market is dominated by wheat. Similarly, based on livestock the market is led by poultry due to the rising awareness of farmers and adoption of intensive farming techniques in the field of poultry.

According to geographical analysis the market for Gluten Feed was dominated by Europe, followed by Asia-Pacific and North America. Asia Pacific is expected to show highest CAGR among all regions.

Among various companies taking interest in the gluten feed market, the major ones are Ingredion Incorporated, Archer Daniels Midland Company, The Roquette Group, Cargill Incorporated, Bunge Ltd., Tate & Lyle Plc, Grain Processing Corporation, Commodity Specialists Company, Agrana Group, Tereos Syral

Browse through the full report at http://www.marketdataforecast.com/market-reports/global-gluten-feed-market-1913/  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.

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