Animal Feed Alternative Protein Market Analysis

Animal Feed Alternative Protein Market Analysis

Animal feed insect protein market value will record over 10% CAGR through 2022-2032. The strong demand for cost-effective and nutritious protein ingredients is a prominent reason driving increased product adoption. Insects require less breeding space, making them suitable animal feed alternative protein sources. They can also be fed on organic waste and help lower greenhouse gas emissions from the livestock sector. Furthermore, the rising awareness about enhanced amino acid and protein profiles offered by insect protein will promote their consumption as nutritional feed additives.
 

The industry share from the cattle livestock segment is projected to surpass USD 2 billion by 2032, due to the extensive availability of byproducts in the oil milling industry. This factor will proliferate the use of oilseed meals as cattle feed. Additionally, strict regulations to prohibit the incorporation of animal proteins in feed have been introduced, mainly to reduce the incidence of bovine spongiform encephalopathy. Initiatives such as these will bolster the production of cattle feed alternative proteins.
 

Cattle livestock segment is further segregated into dairy, calf, and others. The animal feed alternative protein market share from the dairy segment is set to exhibit over 7% CAGR through 2032. The adoption of sustainable breeding strategies among dairy cattle farmers is among the major growth drivers.

Europe animal feed alternative protein market value is expected to cross USD 1.5 billion by 2032. The high emphasis of livestock farmers on enhancing the overall performance and health of animals will stimulate the utilization of alternative protein in feed formulations. Agricultural production and meat consumption are also growing in the region.