Market Analysis and Insights: Global Fermented Feed Ingredients Market
Fermented feed ingredients market is expected to reach USD 26.88 billion by 2027 growing at a potential expansion rate of 8.70% in the forecast period of 2020 to 2027. Significant surge amongst farmers and authorities on maintaining better animal health is acting as the major driver for the expansion of fermented feed ingredients market in the above mentioned forecasted period.
Fermented feed ingredients are the various food ingredients and products that have undergone different variants of fermentation processes to enhance the nutritional intake and nutritional content in the feed consumed by the livestock and other animals. These feed ingredients are digested in a more efficient and effective manner because the outer hull is broken down and the inner food products of these ingredients can be easily digested.
Surge in the levels of consumption for animal proteins worldwide along with the cost-efficiency achieved with the help of this technological method of product development are acting as market drivers for fermented feed ingredients market.
Although, the cost-efficiency for this technology is achieved in the long run, the initial establishment costs for this method of product development along with presence of various stringent regulatory compliances for the commercialization of these products are the restrictive factors present for the market’s potential growth.
This fermented feed ingredients market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research fermented feed ingredients market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Fermented Feed Ingredients Market Country Level Analysis
Fermented feed ingredients market is analysed and market size, volume information is provided by country, ingredients and livestock as referenced above.
The countries covered in the fermented feed ingredients market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will be the dominant region for fermented feed ingredients market with the largest share while Asia-Pacific will be the highest growth witnessing region across the forecasted period of 2020 to 2027. These positions are expected to be caused by the increasing awareness amongst the purchasers for maintaining better nutrition and health for their livestock and animals. North America is leading the share due to the utilization of advanced agricultural and farming methods.
The country section of the fermented feed ingredients market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Global Fermented Feed Ingredients Market By Ingredients (Amino Acids, Vitamins & Minerals, Enzymes, Organic Acids, Probiotics & Prebiotics, Carotenoids, Others), Livestock (Poultry, Swine, Ruminant, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Global Fermented Feed Ingredients Market Scope and Market Size
Fermented feed ingredients market is segmented on the basis of ingredients and livestock. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of ingredients, the fermented feed ingredients market is segmented into amino acids, vitamins & minerals, enzymes, organic acids, probiotics & prebiotics, carotenoids and others.
· Fermented feed ingredients market is also segmented on the basis of livestock into poultry, swine, ruminant and others.
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Competitive Landscape and Fermented Feed Ingredients Market Share Analysis
Fermented feed ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fermented feed ingredients market.
The major players covered in the fermented feed ingredients market report are Balchem Inc., DSM, Archer Daniels Midland Company, HARVEST FUEL INC / SWEETPRO FEEDS, BASF SE, Evonik Industries AG, AJINOMOTO CO.,INC., Chr. Hansen Holding A/S, Bluestar Adisseo Co., Ltd., Cargill, Incorporated, Novozymes, Nutreco, NOVUS INTERNATIONAL, Lonza, Kerry Inc., Alltech, AB Vista, AngelYeast Co., Ltd., Kemin Industries, Inc., CJ CheilJedang Corp., Lallemand Inc., Fermented Nutrition Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), South America and Middle East and Africa (MEA) separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SWEETPRO FEEDS announced the launch of their “ProBiotein” after the acquisition of drying facility in January 2019, and was initially developed in partnership with the U.S. Department of Agriculture’s “small business initiative”. The ingredient has been fermented and this fermented ingredient is ideal for feed consumption rather than being applicable for ethanol production.
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