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Protein Hydrolysate for Animal Feed Application Market Trends 2019, Industry Outlook, Growth Forecast by 2024

Author : Rahul Sankrityayan | Published Date : 2019-06-13 

Global Market Insights, Inc. has recently added a report on Protein Hydrolysate for Animal Feed Application Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

Thriving on the burgeoning demand for nutrient enriched and healthy animal feed products, protein hydrolysate for animal feed application market has been witnessing immense commercialization potential over the recent years. A marked increase in the consciousness regarding livestock health across the globe has further acted as a pivotal factor to have propelled the growth prospects of this steadily growing niche vertical of food, nutrition, and animal feed industry. For the record, protein hydrolysates have acquired a significance across the livestock arena, as they provide appropriate amounts of collagen and peptides which are crucial for the healthy growth of goats, swine, equine, poultries, and sheep.

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Fish protein hydrolysates are highly used in the poultry industry owing to its rich content of protein, calcium and fats which are highly essential for the growth of broilers. Fish residues are used in poultry and cattle feed which ultimately results in delivering of healthier milk and eggs, which will parallelly drive the demand of protein hydrolysates.

It is quite imperative to mention that the overall protein hydrolysate for animal feed application market stakeholders have been offering a range of products including animal based protein hydrolysate, plant based protein hydrolysate, fish based protein hydrolysate, and milk based protein hydrolysate, to assist the livestock and animal rearing business space.

Protein Hydrolysate for Animal Feed Application Market, By Technology

  • Acid Hydrolysis
  • Enzymatic Hydrolysis

North America led by the U.S. Mexico, and Canada protein hydrolysate for animal feed application market should registered a significant growth at over 4.5% due to growing animal nutrition and feed additive industry. These products are used in animal nutrition for improving feed quality, performance and health by providing enhanced digestibility of the feed materials, thereby driving the regional market size.

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Concurrently, the fish protein hydrolysates have been garnering extensive popularity in the recent times. These products have encompassed the swiftly growing poultry industry owing to its rich content of calcium, fats, and protein which are vital for the growth of broilers. Apparently, the fish residues are used in cattle and poultry feed which subsequently results in delivering of healthier eggs and milk, something which has propelled the growth potential of the overall protein hydrolysate for animal feed application market.

Bovine protein hydrolysates market size for livestock feed application is witnessed to surpass over USD 30 million by 2024. It includes beta-lactoglobulin, alpha-lactalbumin, lactoferrin, serum albumin, immunoglobulins and secretory components, which forms the essential nutrients for cattle and poultry, thus driving protein hydrolysates market size.

Considering the aforementioned aspects, it is quite obvious that fish protein hydrolysate would command a majority share of the overall revenue portfolio of this business space. In fact, as per a research report compiled by Global Market Insights, Inc., fish protein hydrolysate for animal feed application industry size is anticipated to exceed USD 320 million by the year 2024.

Soy protein hydrolysates for animal feed application market is estimated to reach over USD 75 million by 2024. Purity and clarity of the products are the result of a continuous improvement in the selection and optimization of the best supply chain and a stable and capable process, thus driving market growth.

Whey protein hydrolysates for livestock feed application market is projected to increase at a growth rate of 4.5% over forecast period. The product is rich in amino acid and adds various nutrient value to the feed. It is produced through the enzymatic process of whey powder which leaves the essential amino acids and retains high protein, thereby driving the market size.

Sopropeche, Copalis Sea, Hofseth Biocare, C.R. Brown, Akola Chemicals, Nutrifish, A Constantino are the prominent industry participants in protein hydrolysate for animal feed application market.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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