Feed Plant-based Protein Market

MARKET OVERVIEW:

Global Feed Plant-based Protein Market was valued at USD 2.76 billion in 2023 and is projected to reach USD 5.12 billion by 2030, growing at a CAGR of 9.3% during the forecast period.

MARKET INSIGHT & GROWTH DRIVERS:

5.12 billion 9.3% Click Here for More Detailed Report

The global market continues to evolve at a dynamic pace, shaped by technological advancements, shifting consumer preferences, and regulatory developments. Companies are focusing on innovation, sustainability, and strategic collaborations to strengthen their competitive positioning and meet emerging demand across diverse applications

MARKET SEGMENTATION:

Wheat, Pea, Other

APPLICATION

Food, Swine, Ruminants, Poultry, Aquatic Animals

MARKET DYNAMICS

1.Sustainability Mandates in Animal Agriculture: Environmen

tal concerns are pushing livestock producers to adopt sustainable feed ingredients. Plant-base d proteins require up to 90% less water and ge nerate 70% fewer carbon emissions compared to conventional animal-based proteins like fish meal. Regulatory pressures, including Europe’s Farm to Fork Strategy under the Green Deal, e xplicitly incentivize sustainable feed adoption, creating a policy-driven demand surge.

MARKET OPPORTUNITIES

1.Precision Fermentation Breakthroughs: Emerging technologies enable production of plant-based proteins with enhanced functional properties. Fermented pea protein, for instance, nowachieves90%proteindigestibility— comparabletopremiumfishmeal—while novel processing can tailor amino acid profiles to specific livestock requirements. These advances open doorsforpremiumfeedsegments.

COMPANY MISSION

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REGIONAL MARKET OUTLOOK

North America

Combines technological leadership with abundant feedstock supplies. The U.S. dominates soy protein production while Canada emerges as a pea protein powerhouse through aggressive crop genetic improvements.

Europe

Leadsinmarketmaturitywitha35%share,propelledbystringent sustainabilityregulationsandadvancedfeedformulationpractices. TheNetherlandsandGermanyserveasinnovationhubsforhighvalueplantproteinapplications.

COMPETITIVE LANDSCAPE

• Kerry Group (Ireland)

• Ingredion (U.S.)

• Emsland Group (Germany)

• DuPont (U.S.)

• Batory Foods (U.S.)

• AGRANA (Austria)

• AGT Foods (Canada)

• Avebe (Netherlands)

• Roquette Frères (France)

• BENEO (Germany)

• Vestkorn (Norway)

• Aminola (Netherlands)

• FoodChem International (China)

• Sotexpro (France)

• Crown Soya Group (China)

These companies represent some of the major key players driving innovation and growth in the market, contributing significantly to global supply and competitive dynamics.

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