Feed Plant-based Protein Market Dynamics: Drivers, Restraints, Key Players
The feed plant-based protein market is projected to grow at a CAGR of
6.3% during the forecast period
According to MarketsandMarkets, the global feed plant-based protein
market size is estimated to be valued at USD 2.5 billion in 2020
and is projected to reach USD 3.4 billion by 2025, recording a CAGR of 6.3% in
terms of value.
The feed plant-based protein market is primarily driven
by factors...
Demand for Prebiotic Ingredients is Projected to Remain Concentrated in the Food & Beverage Segment Through 2023
The global prebiotic ingredients market size was valued at USD 3.65 billion in 2016 and is projected to reach 7.4 billion at a CAGR of 10.4% by 2023.
Prebiotic ingredients are the non-digestible dietary fibers that are beneficial for the microflora that is present in human and animal’s gut. Prebiotics has the potential as agents to improve or maintain balanced intestinal microflora to enhance...
Major Key Players in the Global Organic Feed Market
The global organic feed market size is estimated to be worth USD 6.8 billion in 2019 and is projected to reach USD 10.1 billion by 2025, recording a CAGR of 6.8% during the forecast period. The global organic feed industry is projected to witness significant growth in the coming years due to the increasing inclination toward organic food and environment-friendly farming practices and the ill-effects...
North America is Projected to be the Fastest-Growing Markets for Food Waste Management
The Food Waste Management Market is estimated at USD 31.71 Billion in 2017 and is projected to reach USD 42.37 Billion by 2022, at a CAGR of 5.97% during the forecast period. The market is driven by factors such as rise in global food waste and increase in the usage of organic feed and fertilizers by farmers.
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The North American region is projected to hold the largest...
Key Developments of the Leading Players in the Market For De-oiled Lecithin
The global de-oiled lecithin market is projected to grow from an estimated value of USD 156.5 million in 2018 to reach USD 232.1 million by 2023, at a CAGR of 8.2%. This market is driven by the growth in demand for natural food additives and increase in consumer awareness about clean label products. Along with this, factors such as a rise in awareness about animal health & well-being and animal...
Livestock Grow Lights Market worth $8.6 billion by 2023
The Livestock Grow Lights Market is projected to grow from USD 6.3 billion in 2018 to USD 8.6 billion by 2023, at a CAGR of 6.4% during the forecast period. The major factors driving the livestock grow lights market include the increasing demand and consumption of animal-based products such as meat, milk, and eggs. Further, rising focus on livestock welfare and growth along with technological innovation...
The Demand for Cost-Effective Solutions to Treat Obesity Could Prove to be an Opportunity for Bovine Serum Albumin (BSA) Market
The global bovine serum albumin market is estimated to be valued at USD 255 million in 2019 and is projected to reach USD 304 million by 2025, recording a CAGR of 3.0%. Due to the growing livestock population and the subsequent increase in demand for blood-derived products, the market for bovine serum albumin is growing.
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It has been established that BSA is a dietary whey...
Growing Demand for Shelf Extension of Feed Driving the Growth of Feed Packaging Market
The feed packaging market is projected to grow from USD 13.8 billion in 2018 to USD 17.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The feed packaging market is further bifurcated into pet food and livestock feed packaging. The major factors driving the feed packaging market include the increasing trend of pet humanization and the growing spending...
Technological Innovations and the Adoption of Smart Livestock Farming Practices Driving the Growth of the Livestock Grow Lights Market
The livestock grow lights market is projected to grow from USD 6.3 billion in 2018 to USD 8.6 billion by 2023, at a CAGR of 6.4% during the forecast period. This is attributed to technological innovations and the adoption of smart livestock farming practices. However, the increase in the demand and consumption of livestock-based products and the rising focus on livestock growth and welfare together...
Growth opportunities and latent adjacency in Probiotics in Animal Feed Market
MarketsandMarkets forecasts the Probiotics in animal feed market to grow from USD 4.6 billion in 2019 to USD 7.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period. The major factors that are expected to be driving the probiotics in animal feed market are the Growth in consumption of animal-based products, shift of livestock industry from unorganized sector...