The microbial protein used in feed market is estimated to be valued at US$ 159.0 million in 2023. The sales of microbial protein used in feed are anticipated to progress at a CAGR of 13.5% to surpass US$ 564.1 million by 2033.
The microbial protein used in feed industry is witnessing a surge in demand owing to the need for sustainable feed practices in animal husbandry. The growing population and demand for food products have created a significant strain on limited resources. This has led to the adoption of sustainable and environment-friendly practices in the agriculture and animal husbandry sectors. The microbial protein used for feed market is emerging as a viable alternative to traditional animal feed, which is expected to drive the growth of the industry during the forecast period.
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Despite the growing popularity and potential benefits of microbial protein used in feed industry, there are several challenges faced by manufacturers and companies in the industry. One of the key challenges is the limited awareness among consumers and farmers about the benefits and usage of microbial protein in animal feed.
The high cost of production and the lack of economies of scale further add to the challenges faced by manufacturers. However, advancements in technology and increasing government support for sustainable agricultural practices are expected to mitigate these challenges during the forecast period.
The microbial protein used in feed industry presents several lucrative investment opportunities for stakeholders in the market. The increasing demand for sustainable and environment-friendly feed practices has led to significant investments in research and development activities. It aimed at improving the quality and cost-effectiveness of microbial protein used in animal feed.
The strategic partnerships and collaborations between manufacturers and industry players are expected to drive innovation and growth in the industry. In addition, the rising demand for organic and natural animal products is expected to further fuel the growth of the microbial protein used in feed industry.
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The microbial protein used in feed industry is witnessing several unique trends and developments that are expected to shape the future of the industry. One of the key trends is the emergence of novel applications of microbial protein in the animal feed industry, which includes the production of pet food and aquaculture feed.
There is a growing trend towards the adoption of bio-based feedstock in the production of microbial protein. This is expected to further enhance the sustainability and eco-friendliness of the industry. Overall, the microbial protein used in feed industry is poised for significant growth and development during the forecast period.
| Atttributes | Details |
|---|---|
| Microbial Protein Used in Feed Market Estimated Value (2023E) | US$ 159.0 million |
| Microbial Protein Used in Feed Market Projected Value (2033F) | US$ 564.1 million |
| Value CAGR (2023 to 2033) | 13.5% |
Over the past five years, the global microbial protein used in feed market has experienced significant growth due to the increasing demand for animal protein and the need for sustainable protein sources. From 2018 to 2022, the market saw steady growth, with a CAGR of 11%. This growth was driven by the increasing adoption of alternative protein sources in animal feed, particularly in the poultry and aquaculture industries.
Historically, the Asia Pacific region has been the leading microbial protein used for feed market, followed by Europe and North America. This can be attributed to the increasing demand for animal protein, especially in developing countries such as China and India, and the presence of key players in the region. During the forecast period, it is expected that the demand for microbial protein used in feed is likely to continue to grow in these regions, as well as in emerging markets in Latin America and Africa.
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Looking towards the future, the demand for microbial protein used in feed is expected to experience even greater growth from 2023 to 2033. The market is forecasted to thrive at a CAGR of 13.5% during the forecast period. This can be attributed to the growing awareness of the environmental impact of traditional protein sources. Including, the increasing demand for high-quality animal protein, and the need for sustainable protein sources. Technological advancements and innovations in the production of microbial protein are expected to further boost the growth of the market.
There are also challenges facing the microbial protein used in the feed industry, such as the high production costs and the limited availability of raw materials. This can hinder the growth of the market, particularly in developing countries with limited resources. Additionally, regulations and policies related to the use of alternative protein sources in animal feed can also impact the growth of the market.
The United States microbial protein used in feed market is expected to hold a 37% share in 2023. The market growth in the United States is driven by factors such as increasing demand for high-quality animal feed, growing concern for animal health, and the need to reduce dependency on traditional protein sources.
The regional market is dominated by a few key players, with increasing investments in research and development to expand their product portfolio. Additionally, stringent regulations on the use of antibiotics in animal feed have led to a higher demand for microbial protein alternatives.
Germany's microbial protein used in feed industry is expected to hold a notable share of 23% in 2022. In Germany, the adoption of microbial protein used in feed is driven by a growing focus on sustainable animal feed solutions and increasing awareness about the environmental impact of traditional protein sources.
The regional market includes the presence of both established and emerging players, with an emphasis on developing innovative solutions that cater to the niche requirements of livestock farmers. The use of microbial protein in organic animal feed is also gaining momentum in the region.
The Chinese microbial protein used in feed industry is expected to hold a 29% share in 2022. The sales of microbial protein used in feed in China are driven by increasing demand for high-quality animal feed to cater to the growing meat consumption in the country.
The regional market is filled with established players, with a focus on expanding their product portfolio to cater to the diverse needs of the livestock industry. Moreover, the Chinese government's support for the adoption of sustainable animal feed solutions is expected to drive growth in the market.
Japan's microbial protein used in feed industry is expected to hold a respectable share of 11% in 2022. In Japan, the demand for microbial protein used in feed is driven by a growing trend toward sustainable agriculture practices and the need for high-quality animal feed.
The market share is fragmented by a few key players, with a focus on developing innovative solutions that cater to the specific requirements of the Japanese livestock market. Additionally, the Japanese government's emphasis on reducing greenhouse gas emissions from animal agriculture is expected to create significant opportunities for the growth of the microbial protein used in feed industry in the region.
The increasing demand for high-quality chicken meat and eggs has resulted in the poultry segment dominating the microbial protein used in feed industry by application. The market share of the poultry segment is expected to reach around 49% in 2023. The growing population, rising disposable income, and changing dietary preferences have driven the global demand for poultry products. The use of microbial protein in poultry feed has been proven to enhance bird health and productivity, further driving demand for the segment.
The bacteria segment is expected to hold around 61% share in 2023. The wide availability and high nutritional value of bacterial protein have led to the bacteria segment dominating the microbial protein used in feed industry by source. Bacterial protein has proven to be a more sustainable and efficient protein source than traditional sources such as soybean and fishmeal. Advancements in fermentation technology have made it easier to produce huge quantities of bacterial protein at a lower cost, further driving demand for the segment.
The microbial protein used in feed industry is highly competitive, with the presence of several established players such as Novozymes, Evonik Industries AG, and DSM. These key players dominate the market share, with a strong focus on research and development to expand their product portfolios and cater to the diverse needs of the livestock industry.
To stay ahead in the market, key players are adopting innovative strategies such as mergers and acquisitions, collaborations, and partnerships.
Despite the growth potential of the microbial protein used in feed industry, key players face several challenges such as high research and development costs, stringent regulations, and limited consumer awareness.
Here are 8 ways manufacturers or service providers scale their businesses in the market
What are Some Investment Opportunities Available for New Entrants in the Market?
The microbial protein used in feed industry offers several investment opportunities for new entrants.
The market is valued at US$ 159.0 million in 2023.
DuPont, Cargill Inc, and Calysta Inc. are key microbial proteins used in feed market players.
Poultry segment is likely to remain preferred through 2033.
Players opt for mergers and acquisitions.
India, Japan, and China dominate the Asian market.
1. Executive Summary | Microbial Protein Used in Feed Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis By Source, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast By Source, 2023 to 2033 5.3.1. Bacteria 5.3.2. Yeast 5.3.3. Algae 5.3.4. Fungi 5.4. Y-o-Y Growth Trend Analysis By Source, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Source, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis By Application, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast By Application, 2023 to 2033 6.3.1. Poultry 6.3.2. Ruminants 6.3.3. Aquaculture 6.3.4. Others 6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis By Region, 2018 to 2022 7.3. Current Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast By Region, 2023 to 2033 7.3.1. North America 7.3.2. Latin America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. MEA 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 8.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy, 2018 to 2022 8.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033 8.2.1. By Country 8.2.1.1. USA 8.2.1.2. Canada 8.2.2. By Source 8.2.3. By Application 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Source 8.3.3. By Application 8.4. Key Takeaways 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Source 9.2.3. By Application 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Source 9.3.3. By Application 9.4. Key Takeaways 10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. United kingdom 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Europe 10.2.2. By Source 10.2.3. By Application 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Source 10.3.3. By Application 10.4. Key Takeaways 11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. China 11.2.1.2. Japan 11.2.1.3. South Korea 11.2.1.4. Singapore 11.2.1.5. Thailand 11.2.1.6. Indonesia 11.2.1.7. Australia 11.2.1.8. New Zealand 11.2.1.9. Rest of Asia Pacific 11.2.2. By Source 11.2.3. By Application 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Source 11.3.3. By Application 11.4. Key Takeaways 12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. GCC Countries 12.2.1.2. South Africa 12.2.1.3. Israel 12.2.1.4. Rest of MEA 12.2.2. By Source 12.2.3. By Application 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Source 12.3.3. By Application 12.4. Key Takeaways 13. Key Countries Market Analysis 13.1. USA 13.1.1. Pricing Analysis 13.1.2. Market Share Analysis, 2022 13.1.2.1. By Source 13.1.2.2. By Application 13.2. Canada 13.2.1. Pricing Analysis 13.2.2. Market Share Analysis, 2022 13.2.2.1. By Source 13.2.2.2. By Application 13.3. Brazil 13.3.1. Pricing Analysis 13.3.2. Market Share Analysis, 2022 13.3.2.1. By Source 13.3.2.2. By Application 13.4. Mexico 13.4.1. Pricing Analysis 13.4.2. Market Share Analysis, 2022 13.4.2.1. By Source 13.4.2.2. By Application 13.5. Germany 13.5.1. Pricing Analysis 13.5.2. Market Share Analysis, 2022 13.5.2.1. By Source 13.5.2.2. By Application 13.6. United kingdom 13.6.1. Pricing Analysis 13.6.2. Market Share Analysis, 2022 13.6.2.1. By Source 13.6.2.2. By Application 13.7. France 13.7.1. Pricing Analysis 13.7.2. Market Share Analysis, 2022 13.7.2.1. By Source 13.7.2.2. By Application 13.8. Spain 13.8.1. Pricing Analysis 13.8.2. Market Share Analysis, 2022 13.8.2.1. By Source 13.8.2.2. By Application 13.9. Italy 13.9.1. Pricing Analysis 13.9.2. Market Share Analysis, 2022 13.9.2.1. By Source 13.9.2.2. By Application 13.10. China 13.10.1. Pricing Analysis 13.10.2. Market Share Analysis, 2022 13.10.2.1. By Source 13.10.2.2. By Application 13.11. Japan 13.11.1. Pricing Analysis 13.11.2. Market Share Analysis, 2022 13.11.2.1. By Source 13.11.2.2. By Application 13.12. South Korea 13.12.1. Pricing Analysis 13.12.2. Market Share Analysis, 2022 13.12.2.1. By Source 13.12.2.2. By Application 13.13. Singapore 13.13.1. Pricing Analysis 13.13.2. Market Share Analysis, 2022 13.13.2.1. By Source 13.13.2.2. By Application 13.14. Thailand 13.14.1. Pricing Analysis 13.14.2. Market Share Analysis, 2022 13.14.2.1. By Source 13.14.2.2. By Application 13.15. Indonesia 13.15.1. Pricing Analysis 13.15.2. Market Share Analysis, 2022 13.15.2.1. By Source 13.15.2.2. By Application 13.16. Australia 13.16.1. Pricing Analysis 13.16.2. Market Share Analysis, 2022 13.16.2.1. By Source 13.16.2.2. By Application 13.17. New Zealand 13.17.1. Pricing Analysis 13.17.2. Market Share Analysis, 2022 13.17.2.1. By Source 13.17.2.2. By Application 13.18. GCC Countries 13.18.1. Pricing Analysis 13.18.2. Market Share Analysis, 2022 13.18.2.1. By Source 13.18.2.2. By Application 13.19. South Africa 13.19.1. Pricing Analysis 13.19.2. Market Share Analysis, 2022 13.19.2.1. By Source 13.19.2.2. By Application 13.20. Israel 13.20.1. Pricing Analysis 13.20.2. Market Share Analysis, 2022 13.20.2.1. By Source 13.20.2.2. By Application 14. Market Structure Analysis 14.1. Competition Dashboard 14.2. Competition Benchmarking 14.3. Market Share Analysis of Top Players 14.3.1. By Regional 14.3.2. By Source 14.3.3. By Application 15. Competition Analysis 15.1. Competition Deep Dive 15.1.1. Calysta, Inc. 15.1.1.1. Overview 15.1.1.2. Product Portfolio 15.1.1.3. Profitability by Market Segments 15.1.1.4. Sales Footprint 15.1.1.5. Strategy Overview 15.1.1.5.1. Marketing Strategy 15.1.1.5.2. Product Strategy 15.1.1.5.3. Channel Strategy 15.1.2. AG CHEMI GROUP 15.1.2.1. Overview 15.1.2.2. Product Portfolio 15.1.2.3. Profitability by Market Segments 15.1.2.4. Sales Footprint 15.1.2.5. Strategy Overview 15.1.2.5.1. Marketing Strategy 15.1.2.5.2. Product Strategy 15.1.2.5.3. Channel Strategy 15.1.3. Lonza Group 15.1.3.1. Overview 15.1.3.2. Product Portfolio 15.1.3.3. Profitability by Market Segments 15.1.3.4. Sales Footprint 15.1.3.5. Strategy Overview 15.1.3.5.1. Marketing Strategy 15.1.3.5.2. Product Strategy 15.1.3.5.3. Channel Strategy 15.1.4. IPK Gatersleben 15.1.4.1. Overview 15.1.4.2. Product Portfolio 15.1.4.3. Profitability by Market Segments 15.1.4.4. Sales Footprint 15.1.4.5. Strategy Overview 15.1.4.5.1. Marketing Strategy 15.1.4.5.2. Product Strategy 15.1.4.5.3. Channel Strategy 15.1.5. BIOMIN Holding GmbH 15.1.5.1. Overview 15.1.5.2. Product Portfolio 15.1.5.3. Profitability by Market Segments 15.1.5.4. Sales Footprint 15.1.5.5. Strategy Overview 15.1.5.5.1. Marketing Strategy 15.1.5.5.2. Product Strategy 15.1.5.5.3. Channel Strategy 15.1.6. Amaferm 15.1.6.1. Overview 15.1.6.2. Product Portfolio 15.1.6.3. Profitability by Market Segments 15.1.6.4. Sales Footprint 15.1.6.5. Strategy Overview 15.1.6.5.1. Marketing Strategy 15.1.6.5.2. Product Strategy 15.1.6.5.3. Channel Strategy 15.1.7. Devenish Nutrition Limited 15.1.7.1. Overview 15.1.7.2. Product Portfolio 15.1.7.3. Profitability by Market Segments 15.1.7.4. Sales Footprint 15.1.7.5. Strategy Overview 15.1.7.5.1. Marketing Strategy 15.1.7.5.2. Product Strategy 15.1.7.5.3. Channel Strategy 15.1.8. Nutreco N.V. 15.1.8.1. Overview 15.1.8.2. Product Portfolio 15.1.8.3. Profitability by Market Segments 15.1.8.4. Sales Footprint 15.1.8.5. Strategy Overview 15.1.8.5.1. Marketing Strategy 15.1.8.5.2. Product Strategy 15.1.8.5.3. Channel Strategy 15.1.9. Alltech Inc. 15.1.9.1. Overview 15.1.9.2. Product Portfolio 15.1.9.3. Profitability by Market Segments 15.1.9.4. Sales Footprint 15.1.9.5. Strategy Overview 15.1.9.5.1. Marketing Strategy 15.1.9.5.2. Product Strategy 15.1.9.5.3. Channel Strategy 15.1.10. Quality Liquid Feeds 15.1.10.1. Overview 15.1.10.2. Product Portfolio 15.1.10.3. Profitability by Market Segments 15.1.10.4. Sales Footprint 15.1.10.5. Strategy Overview 15.1.10.5.1. Marketing Strategy 15.1.10.5.2. Product Strategy 15.1.10.5.3. Channel Strategy 16. Assumptions & Acronyms Used 17. Research Methodology
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Microbial Protein Used in Feed Market
