The North America Gluten Feed Market is expected to reach USD 0.92 billion by 2026 from USD 0.45 billion in 2021, growing at a CAGR of 5.76%.
The Gluten Feed market is showing immense potential in the given forecast period. The market has continued to build up momentum, with the increase in demand for protein in animal feed. Gluten feed is specifically popular with producers who are nearby to processing plants, so as to make transportation cost effective.
Gluten comprises of storage proteins namely prolamins and glutelin, usually found in wheat and other grains like rye, barley, corn etc. Gluten is added to pet feeds in order to improve the protein content, and thus maintain animal health.
Drivers and Restraints of North America Gluten Feed Market:
Gluten feed has recently shown up as a potential substitute for fish meal in aquaculture feed, in process leading to a significant growth in the market lately. Other key 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 them, the market has also been facing some restraints and challenges. Some of these are availability of alternatives to local feed, sensitivity to gluten, change in feed safety regulations in European Union regarding Gm organisms in gluten feed imports and sulfur toxicity which is one of the rising concerns for feed manufacturers.
North America Gluten Feed Market - By Source:
Corn
North America Gluten Feed Market - By Livestock
On the basis of geographical analysis, the North America market is segmented under two regions namely
Key Players:
Some of the major companies dominating the market, by their products and services include 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
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: sales@marketdataforecast.com