Europe Protein Hydrolysates for Animal Feed Application Market, By Source (Animal Protein Hydrolysate, Fish Protein Hydrolysate, 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) – Industry Trends and Forecast to 2030.
Europe Protein Hydrolysates for Animal Feed Application Market Analysis and Size
As more people become aware of the high protein content of fish, it has become widely used in various industries. Protein hydrolysates for animal feed are now used in various products, including food and beverages, medicines, nutraceuticals, cosmetics, pet food, and animal and poultry feed. The protein found in animals varies depending on the species.
Data Bridge Market Research analyses that the Europe protein hydrolysates for animal feed application market which was USD 163,777.45 thousand in 2022, would rocket up to USD 281,639.69 thousand by 2030, and is expected to undergo a CAGR of 7.0% during the forecast period. This indicates that the market value. “Animal Protein Hydrolysate” segment dominates the source segment of the market due to the wider consumer adoption of animal protein.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, 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.
Europe Protein Hydrolysates for Animal Feed Application Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Source (Animal Protein Hydrolysate, Fish Protein Hydrolysate, 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)
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Countries Covered
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Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe
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Market Players Covered
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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 (Thailand), and United Fisheries (Thailand) among others
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Market Opportunities
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Market Definition
Protein hydrolysate is an organic fertilizer that can improve plant nutrition. Protein hydrolysate is a bioactive compound produced by the decomposition of minced animals in conjunction with enzymes such as proteases and lactobacillus, which provides organic fertilizer to plants. It is high in protein and essential vitamins and has many uses in food processing and medical supplements.
Protein hydrolysates for animal feed application Market Dynamics
Drivers
- Growing application in the infant formula
Protein hydrolysate is used in infant nutrition and is preferred over standard cow's milk formulas because it is perceived to be better tolerated and less likely to cause complications, driving the market growth. In addition, food innovations to improve infant health, an increase in the number of working mothers, and rising spending power have fuelled market growth.
- High demand from various end user industries
Protein hydrolysates for animal feed application have fast absorption properties that aid in the development of lean muscle mass while also lowering the risks of hypertension and high blood pressure in consumers and are thus widely used in sports nutrition and protein supplements. It is also used to treat Irritable Bowel Syndrome (IBS) and Crohn's disease, as well as a hypoallergenic protein food for infants with celiac disease, lactose, and gluten intolerance.
Furthermore, widespread product use as a cry protectant in aquaculture and animal feed propels market growth. FPH helps to prevent the spread of infectious diseases and boosts animal immunity against bacteria, fungi, viruses, and parasites.
Opportunity
- Increasing utilization of the product in aquaculture feed industry
One of the main factors contributing to the growth of protein hydrolysates is the increasing utilization of the product in the aquaculture feed industry. This is because fish farming currently provides more than half of the world's fish food supply, a figure that is expected to rise further in the coming years. As a result, protein hydrolysates for animal feed application are expected to play an important role in supplying high quality amino acids and overall nutritive value to the aquaculture sector.
Challenges/Restraints
- Raw material scarcity
However, a scarcity of raw materials is expected to limit market growth. Furthermore, aquatic products are highly perishable and must be stored, processed, and sold quickly. In this case, unforeseeable roadblocks prevented the smooth movement of fresh food supply chains, resulting in food waste and decreased market demand.
- Regulatory framework associated with the protein hydrolysate products in European region
Europe has strict regulations governing the use of protein sources in animal feed. The approval process for new protein hydrolysate ingredients can be lengthy and costly, requiring extensive safety and efficacy data. Adhering to these regulations and obtaining necessary approvals can pose challenges for companies trying to enter or expand the market.
This protein hydrolysates for animal feed application market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized 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 the protein hydrolysates for animal feed application market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In November 2022, the Atlantic States Marine Fisheries Commission (ASMFC) unanimously voted to increase the coastwide quota for Atlantic menhaden by 20% to 233,550 metric tonnes. The Omega Protein Foundation supports the Commission's decision, supported by the most recent and best available menhaden science. This decision also continued the ASMFC's pattern of conservatively managing the Atlantic menhaden resource by providing a large buffer to ensure the target harvest rate is not exceeded
- In March 2020, Bio-marine Ingredients Ireland Ltd., in collaboration with the Irish Research Council's Enterprise Partnership, conducted a 12-week feeding trial to investigate the effects of low fishmeal diets/high plant-protein, with and without FPH supplementation, on gut health and growth performance in freshwater Atlantic salmon. The company hopes that the results of this recent study will open up new avenues for the sustainable aquaculture feed market.
Europe Protein Hydrolysates for Animal Feed Application Market Scope
The market is segmented on the basis of source, form, livestock, technology, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Animal Protein Hydrolysate
- Protein Hydrolysates for Animal Feed Application
- Plant Protein Hydrolysate
- Milk Protein Hydrolysate
Form
- Paste
- Powder
Livestock
- Poultry
- Swine
- Cattle
- Calves
- Aquaculture
- Equine
- Pet
Technology
- Enzymatic Hydrolysis
- Acid Hydrolysis
Application
- Industrial
- Commercial
Protein hydrolysates for animal feed application Market Regional Analysis/Insights
The protein hydrolysates for animal feed application market is analysed, and market size insights and trends are provided by country, source, form, livestock, technology, and application as referenced above.
Germany is expected to dominate and have a significant growth rate in the European market due to the country's growing poultry sector, which results in increased production of protein hydrolysates.
The country section of the 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe 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.
Competitive Landscape and Protein hydrolysates for animal feed application Market Share Analysis
The protein hydrolysates for animal feed application 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, Europe 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 protein hydrolysates for animal feed application market.
Some of the major players operating in the market are:
- 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 (Thailand)
- United Fisheries (Thailand)
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