Global Animal Feed Protein
Market Report
2025
The global Animal Feed Protein Market size will be USD 311542.5 million in 2024. Rising demand for animal products is expected to boost sales to USD 453194.38 million by 2031, with a Compound Annual Growth Rate (CAGR) of 5.50% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Animal Feed Protein Market size will be USD 311542.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.50% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Animal Feed Protein Market Sales Revenue | $ 311542 Million | 121212 | 121212 | 121212 | 9% |
North America Animal Feed Protein Market Sales Revenue | $ 124617 Million | 121212 | 121212 | 121212 | 7.2% |
Mexico Animal Feed Protein Market Sales Revenue | $ 17.09 Million | 121212 | 121212 | 121212 | 7.7% |
Canada Animal Feed Protein Market Sales Revenue | $ 22.54 Million | 121212 | 121212 | 121212 | 8% |
United States Animal Feed Protein Market Sales Revenue | $ 148.17 Million | 121212 | 121212 | 121212 | 7% |
Europe Animal Feed Protein Market Sales Revenue | $ 93462.8 Million | 121212 | 121212 | 121212 | 7.5% |
Germany Animal Feed Protein Market Sales Revenue | $ 27.89 Million | 121212 | 121212 | 121212 | 7.7% |
France Animal Feed Protein Market Sales Revenue | $ 12.96 Million | 121212 | 121212 | 121212 | 6.7% |
Spain Animal Feed Protein Market Sales Revenue | $ 11.55 Million | 121212 | 121212 | 121212 | 6.6% |
United Kingdom Animal Feed Protein Market Sales Revenue | $ 23.66 Million | 121212 | 121212 | 121212 | 8.3% |
Russia Animal Feed Protein Market Sales Revenue | $ 21.83 Million | 121212 | 121212 | 121212 | 6.5% |
Italy Animal Feed Protein Market Sales Revenue | $ 12.11 Million | 121212 | 121212 | 121212 | 6.9% |
Rest of Europe Animal Feed Protein Market Sales Revenue | $ 21.83 Million | 121212 | 121212 | 121212 | 6.2% |
Asia Pacific Animal Feed Protein Market Sales Revenue | $ 71654.8 Million | 121212 | 121212 | 121212 | 11% |
India Animal Feed Protein Market Sales Revenue | $ 12.96 Million | 121212 | 121212 | 121212 | 12.8% |
Korea Animal Feed Protein Market Sales Revenue | $ 10.8 Million | 121212 | 121212 | 121212 | 10.1% |
Japan Animal Feed Protein Market Sales Revenue | $ 14.9 Million | 121212 | 121212 | 121212 | 9.5% |
China Animal Feed Protein Market Sales Revenue | $ 48.59 Million | 121212 | 121212 | 121212 | 10.5% |
Australia Animal Feed Protein Market Sales Revenue | $ 5.62 Million | 121212 | 121212 | 121212 | 10.7% |
Rest of APAC Animal Feed Protein Market Sales Revenue | $ 7.67 Million | 121212 | 121212 | 121212 | 10.8% |
South America Animal Feed Protein Market Sales Revenue | $ 15577.1 Million | 121212 | 121212 | 121212 | 8.4% |
Colombia Animal Feed Protein Market Sales Revenue | $ 2.09 Million | 121212 | 121212 | 121212 | 8.2% |
Argentina Animal Feed Protein Market Sales Revenue | $ 3.94 Million | 121212 | 121212 | 121212 | 9.3% |
Brazil Animal Feed Protein Market Sales Revenue | $ 10.05 Million | 121212 | 121212 | 121212 | 9% |
Chile Animal Feed Protein Market Sales Revenue | $ 1.69 Million | 121212 | 121212 | 121212 | 8.7% |
Peru Animal Feed Protein Market Sales Revenue | $ 1.92 Million | 121212 | 121212 | 121212 | 8.6% |
Rest of South America Animal Feed Protein Market Sales Revenue | $ 3.78 Million | 121212 | 121212 | 121212 | 7.5% |
Middle East Animal Feed Protein Market Sales Revenue | $ 6230.85 Million | 121212 | 121212 | 121212 | 8.7% |
Turkey Animal Feed Protein Market Sales Revenue | $ 0.81 Million | 121212 | 121212 | 121212 | 8.2% |
Egypt Animal Feed Protein Market Sales Revenue | $ 0.99 Million | 121212 | 121212 | 121212 | 9% |
Rest of MEA Animal Feed Protein Market Sales Revenue | $ 1.11 Million | 121212 | 121212 | 121212 | 7.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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List of Competitors |
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Animal Feed Protein Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Since proteins are the building blocks of bodily structure and a source of fuel, they are vital nutrients for human health. The most important and distinctive characteristic of the protein from a nutritional perspective is its amino acid content. Protein-rich products are highly commended for poultry production and feeding since protein is an essential component of many physiologically active substances in the body. All animals require feed protein for optimal nutrition, and it is increasingly playing a significant role in the integrated food chain as a whole. Furthermore, the need for animal protein in the food and beverage sector is fueled by the growing geriatric population and the increased prevalence of protein in this demographic.
In June 2023, ADM purchased Prairie Pulse Inc. in order to satisfy Canada's increasing need for plant proteins. (Source: https://vegconomist.com/investments-finance/investments-acquisitions/adm-acquires-canada-prairie-pulse-protein-demand/)
The market for animal feed protein is expanding due in large part to rising investments and developments. High-quality, sustainable feed is becoming more and more necessary as the demand for animal-based goods develops globally. Innovations in protein sources, including single-cell proteins, insect meal, and alternative plant-based proteins, are being fueled by research and development investments from the public and private sectors. These developments seek to solve issues with environmental concerns, resource shortages, and the growing price of conventional feed ingredients like fishmeal and soy. Additionally, improvements in protein processing technology are increasing nutritional value and efficiency, guaranteeing that cattle receive the best nutrition possible at a lower cost. It is anticipated that the trend toward more economically and environmentally friendly protein substitutes would continue, supporting market expansion for animal feed protein and assisting in supplying the world's food system with protein.
Food beverage makers have become increasingly interested in animal proteins like whey and egg white powder because people are eating more protein-rich foods. As people's awareness of the advantages of eating more protein has grown over time, so too has the demand for a diet high in protein worldwide. The need for animal protein in the food and beverage sector is further fueled by the growing incidence of protein in the elderly population. By enhancing feed digestion and feed conversion ratio, protein feed supplements are the best way to lower dairy farm feed costs since they help cattle receive the necessary nutrients.
Consumer tastes for plant-based diets have changed, leading to a considerable increase in demand for plant-based protein. The detrimental effects of eating red meat are among the main causes of the quick shift in consumer behavior. Additionally, consumers who are more oriented toward sustainable products have limited their intake of animal protein due to growing knowledge of the detrimental environmental effects of the poultry and animal husbandry industries. Additionally, there is a notable drop in the market's demand for animal products as a result of growing knowledge of the detrimental activities that the poultry and animal husbandry industries engage in. Therefore, the rise in the popularity of plant-based foods is holding back this market's expansion.
The market for animal feed protein components was somewhat impacted by COVID-19, which had an impact on almost every industry worldwide. In order to prevent the virus from spreading, manufacturing companies were forced to close their facilities during the pandemic. As a result of business closures, the market's animal feed protein ingredients became more expensive, making them unaffordable for farmers. As a result, it was seen that farmers refrained from buying more expensive goods. Furthermore, manufacturing firms refrained from hiring more workers following the decline of COVID-19 cases, which led to lower output and a supply deficit. In the upcoming years, the expansion of the animal feed protein ingredients market is expected to be reshaped by recovering economies and efficient supply networks.
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In the Animal Feed Protein Market's competitive landscape, numerous key competitors are driving innovation and growth. To keep a competitive edge, market participants constantly adjust to shifting consumer preferences, legislative changes, and technology breakthroughs. A major focus is innovation in feed formulas and production methods, which allows businesses to offer value-added products that meet changing nutritional needs.
In April 2023, Arvesta, a Belgian company, will purchase ForFarmers N.V.'s Belgian compound feed division for EUR25 million (US$27.4 million). (Source: https://www.feedstrategy.com/animal-feed-manufacturing/animal-feed-manufacturers/article/15443452/forfarmers-to-sell-belgian-feed-business-to-arvesta) In February 2020, In Indonesia, BASF expanded its product line by introducing a new line of phytase products for the feed sector. (Source: https://www.basf.com/in/en/media/news-releases/asia-pacific/2019/03/basf_introduces_new_phytase_Natuphos_e) In February 2020, Through its wide range of liquid feed supplements, Cargill Incorporated helped farmers increase animal production and health by investing USD 20 million in the proposal to build a premix plant in Kota, India. (Source: https://www.cargill.co.in/en/2019/cargill-invests-us-20-million-to-support-livestock-farmers)
Top Companies Market Share in Animal Feed Protein Industry: (In no particular order of Rank)
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According to Cognitive Market Research, Asia-Pacific currently dominates the Animal Feed Protein market, and the region is expected to have significant growth during the projected period. This is due to factors such as the growing demand for meat products in different Asian nations.
North America is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR), due to growing meat consumption in Argentina and Brazil as well as the region's growing industrialization of animal husbandry.
The current report Scope analyzes Animal Feed Protein Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Animal Feed Protein Market size was estimated at USD 311542.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 124617.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
According to Cognitive Market Research, the global Animal Feed Protein Market size was estimated at USD 311542.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 93462.75 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
According to Cognitive Market Research, the global Animal Feed Protein Market size was estimated at USD 311542.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 71654.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
According to Cognitive Market Research, the global Animal Feed Protein Market size was estimated at USD 311542.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 15577.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
According to Cognitive Market Research, the global Animal Feed Protein Market size was estimated at USD 311542.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 6230.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031..
Global Animal Feed Protein Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Animal Feed Protein Industry growth. Animal Feed Protein market has been segmented with the help of its Type Outlook:, Source Outlook: Form Outlook:, and others. Animal Feed Protein market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Animal Feed Protein Market?
According to Cognitive Market Research, oil seed meal are likely to dominate the Animal Feed Protein Market over the forecast period, fueled by growing consumer demand for plant-based protein sources. Companies are also working to commercialize in the booming market and draw in new clients, which is expected to speed up the expansion of the sector.
The fishmeal is the fastest-growing segment in the Animal Feed Protein Market. A vital component of animal feed, fishmeal's high-quality protein, necessary amino acids, and omega-3 fatty acids make it a vital component. Aquaculture, poultry, and cattle feed are its main applications. Its nutritional advantages are what drive demand, but sustainability issues are influencing future production techniques.
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According to Cognitive Market Research, the poultry segment holds the largest share of the market. The growing demand from consumers for lean and reasonably priced protein sources is driving the poultry market. For a varied global population, poultry products like chicken and eggs offer an affordable and adaptable source of protein.
In the Animal Feed Protein Market, the pet form has been expanding at a rapid pace. Dogs, cats, and other companion animals are served by the pet feed industry. The premiumization of pet diets is the current trend in this sector, as customers have a significant preference for pet feeds made with premium, specialized, and natural ingredients.
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According to Cognitive Market Research, the dry form segment dominates the market. Since pellets have a better nutritional density, a more complete nutritional supply, and a higher economic value, many of these species can be given them.
Liquid Form is projected to be the fastest-growing segment in the Animal Feed Protein Market, because it is simple to include into feed, has better digestibility, and improves nutrient absorption. With its efficiency and ease, it is especially well-liked in the dairy, poultry, and aquaculture industries.
Research Associate at Cognitive Market Research
Pratik Shirsath is an accomplished Research Analyst with extensive expertise in the agriculture sector, bringing over one years of experience in market research and analysis. Pratik specializes in secondary research, competitive benchmarking, and data-driven insights that empower organizations to make strategic decisions and achieve their goals.
In his current role, Pratik leads research projects focused on the agriculture sector, driving initiatives that identify emerging market trends, assess competitive landscapes, and uncover growth opportunities. His proficiency in designing effective research methodologies and translating complex data into actionable strategies has consistently supported his organization’s objectives.
Pratik's dedication to delivering high-quality research and his in-depth knowledge of the agriculture industry have made him a trusted resource for his team and stakeholders. Passionate about innovation and sustainability in agriculture, he remains committed to advancing his expertise to navigate the evolving challenges and opportunities in the sector.
Pratik Shirsath is an accomplished Research Analyst with extensive expertise in the agriculture sector, bringing over one years of experience in market research and analysis. Pratik specializes in secondary research, competitive benchmarking, and data-driven insights that empower organizations to make strategic decisions and achieve their goals.
In his current role, Pratik leads research projects focused on the agriculture sector, driving initiatives that identify emerging market trends, assess competitive landscapes, and uncover growth opportunities. His proficiency in designing effective research methodologies and translating complex data into actionable strategies has consistently supported his organization’s objectives.
Pratik's dedication to delivering high-quality research and his in-depth knowledge of the agriculture industry have made him a trusted resource for his team and stakeholders. Passionate about innovation and sustainability in agriculture, he remains committed to advancing his expertise to navigate the evolving challenges and opportunities in the sector.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type Outlook: | Oilseed Meals, Fishmeal |
Source Outlook: | Poultry, Swine, Cattle, Aquaculture, Pet Food, Equine, Others |
Form Outlook: | Dry, Liquid |
List of Competitors | DuPont (U.S.), Hamlet Protein (U.S.), ADM (U.S.), CHS Inc. (U.S.), Burcon (Canada), CropEnergies AG (Germany), Evershining Ingredient Co., Ltd. (Thailand), Imcopa Food Ingredients B.V. (Netherlands), Victoria Group (Serbia), Calysta, Inc. (U.S.), Titan Biotech (India), Janatha Fish Meal & Oil Products (India), Alltech (Nicholasville), Prinova Group LLC, (U.S.), SOPROPECHE (France), Bio-marine Ingredients Ireland Ltd. (Ireland), Haarslev and BRF (Brazil) |
This chapter will help you gain GLOBAL Market Analysis of Animal Feed Protein. Further deep in this chapter, you will be able to review Global Animal Feed Protein Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Animal Feed Protein. Further deep in this chapter, you will be able to review North America Animal Feed Protein Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Animal Feed Protein. Further deep in this chapter, you will be able to review Europe Animal Feed Protein Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Animal Feed Protein. Further deep in this chapter, you will be able to review Asia Pacific Animal Feed Protein Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Animal Feed Protein. Further deep in this chapter, you will be able to review South America Animal Feed Protein Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Animal Feed Protein. Further deep in this chapter, you will be able to review Middle East Animal Feed Protein Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Animal Feed Protein. Further deep in this chapter, you will be able to review Middle East Animal Feed Protein Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Animal Feed Protein. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Outlook: Analysis 2019 -2031, will provide market size split by Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Outlook: Analysis 2021 - 2033
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Chapter 11 Market Split by Source Outlook: Analysis 2021 - 2033
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Chapter 12 Market Split by Form Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Animal Feed Protein market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Oilseed Meals have a significant impact on Animal Feed Protein market? |
What are the key factors affecting the Oilseed Meals and Fishmeal of Animal Feed Protein Market? |
What is the CAGR/Growth Rate of Poultry during the forecast period? |
By type, which segment accounted for largest share of the global Animal Feed Protein Market? |
Which region is expected to dominate the global Animal Feed Protein Market within the forecast period? |
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