Adequate Intake of Protein is Essential for the Maximum Growth, Higher Performance and Feed Efficacy of Livestock

Protein hydrolysate is made from the finest quality of animal and plant source. In addition, it is also produced from milk and fish proteins, processed by extraction of proteins and solubilization of peptides. Furthermore, processing comprises of enzymatic and microbial hydrolysis, evaporation, spray drying and packaging among other methods. However, the digestibility of this protein hydrolysate is affected by many factors and is generally low.          

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Global protein hydrolysate for animal feed application market is expected to reach USD 855,814.54 thousand by 2025 from USD   608,880.00 thousand in 2019, growing at a CAGR of 5.9% in the forecast period of 2020 to 2027. Increasing consumer awareness regarding the benefit of healthy diet and low cost of plant based protein products is a driving factor of the animal growth. High investment in R&D of the animal feed can restrain the market growth.

Protein Hydrolysate for Animal Feed Application Market

Increasing application in infant formula across the world will drive the market's growth rate

Because it is thought to be more accepted and less likely to result in difficulties, protein hydrolysate is chosen over traditional cow's milk formulae in baby nutrition, which is fueling the market's expansion. Additionally, market expansion has been fueled by food advances that enhance baby health, a rise in the proportion of working moms, and increased purchasing power.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2020 to 2027

Base Year

2019

Historic Years

2018 (Customizable to 2013 - 2018)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

Source (Animal Protein Hydrolysate, Protein Hydrolysates for Animal Feed Application, Plant Protein Hydrolysate and Milk Protein Hydrolysate), Form (Powder and Paste), Livestock (Poultry, Swine, Cattle, Calves, Aquaculture, Equine and Pet), Technology (Acid Hydrolysis and Enzymatic Hydrolysis), Application (Industrial and Commercial)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Hofseth BioCare ASA (Norway), Diana Group (Brittany), Bio-marine Ingredients Ireland (Ireland), Copalis (France), Janatha Fish Meal & Oil Products (India), Scanbio Marine Group AS (Norway), Sopropêche (France), Omega Protein Corporation (U.S.), Sociedad Pesquera Landes Sa (Chile), TC Union Agrotech and United Fisheries (Thailand) among others.             

Data Points Covered in the Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

Global protein hydrolysate for animal feed application market is categorized into five notable segments which are based source, form, livestock, technology and application.

  • On the basis of source, the protein hydrolysate for animal feed application market is segmented into animal protein hydrolysate, fish protein hydrolysate, plant protein hydrolysate, milk protein hydrolysate. In 2020, animal protein segment is expected to dominate the global protein hydrolysate for animal feed application market with 37.09% market share as these products have high energy content which is widely helping in the regeneration of tissues in the animals.
  • On the basis of form, the protein hydrolysate for animal feed application market is segmented into powder and Paste. In 2020, powder segment is expected to dominate the global protein hydrolysate for animal feed application market with 62.77% market share as it is easy to feed the animal with powder related products instead to paste.
  • On the basis of livestock, the protein hydrolysate for animal feed application market is segmented into poultry, swine, cattle, calves, aquaculture, equine and pet. In 2020, poultry segment is expected to dominate the global protein hydrolysate for animal feed application market with 34.77% market share as poultry animals are used in wider applications and poultry animal products such as milk, eggs, meat are in great demand among consumers due to which the poultry owners are feed their animals which best quality feed products to optimize the best outcomes from them.
  • Based on technology, the protein hydrolysate for animal feed application market is segmented into acid hydrolysis and enzymatic hydrolysis. In 2020, enzymatic hydrolysis segment is expected to dominate the global protein hydrolysate for animal feed application market with 63.77% market share as this technology is easy and required less expenditure as compare to other technologies and provides the best result.

The enzymatic hydrolysis segment will dominate the type segment of the protein hydrolysate for animal feed application market

The enzymatic hydrolysis segment will emerge as the dominating segment type segment. This is because of the growing demand for animal feed products in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.

  • Based on application, the protein hydrolysate for animal feed application market is segmented into commercial and industrial. In 2020, enzymatic hydrolysis segment is expected to dominate the global protein hydrolysate for animal feed application market with 76.95% market share as industries utilize the animal proteins in the manufacturing of animal feed products which then used by the consumers to feed their pets and other animals.

The enzymatic hydrolysis segment will dominate the application segment of the protein hydrolysate for animal feed application market

The enzymatic hydrolysis segment will emerge as the dominating segment under application with approximately 77.00% market share. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the food and beverages industry all around the globe will further bolster the growth of this segment.

Major Players         

Data Bridge Market Research recognizes the following companies as the market players in market: Hofseth BioCare ASA (Norway), Diana Group (Brittany), Bio-marine Ingredients Ireland (Ireland), Copalis (France), Janatha Fish Meal & Oil Products (India), Scanbio Marine Group AS (Norway), Sopropêche (France), Omega Protein Corporation (U.S.), Sociedad Pesquera Landes Sa (Chile), TC Union Agrotech and United Fisheries (Thailand).

Protein Hydrolysate for Animal Feed Application Market

Market Development

  • In May 2020, Bioiberica S.A.U. expanded its business portfolio by entering into the Taiwanese market through distributor Vetnostrum. The company introduced three joint and internal health products: Condrovet Force HA, Calmurofel and Impromune. The expansion will benefit the company in increasing its global sales and profit maximization.  
  • In Feburary 2020, Bioiberica S.A.U. launched Palbio 50 RD, a high quality protein source for the animal feed such as broilers and laying hens. The new product has helped the company in increasing its revenue by offering more products in their portfolio.

Regional Analysis

Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominant region in protein hydrolysate for animal feed application market during the forecast period 2020 - 2027

Asia-Pacific dominates the protein hydrolysates for animal feed application market because Chinese consumers are more health-conscious and prefer animal protein hydrolysates.

North America is estimated to be the fastest growing region in protein hydrolysate for animal feed application market the forecast period 2020 - 2027

North America is expected to grow during the forecast period of 2022-2029 due to high consumer income and growing consumer interest in feeding their animals the best products.

COVID-19 Impact

Almost every industry in the world has had a setback over the past 18 months. This is because numerous precautionary lockdowns and other limitations implemented by governing agencies around the world have caused considerable disruptions in their respective production and supply-chain operations. The same holds true for the international market for protein hydrolysates used in animal feed. Since the general economic condition of most people has been significantly hit by this outbreak, consumer demand has consequently fallen as people are now more focused on cutting non-essential expenses from their various budgets. Over the forecast period, these variables are anticipated to impact the revenue growth of the global market for protein hydrolysates for animal feed applications.

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