Intensifying focus on animal health & nutrition to impel protein hydrolysate for animal feed application market trends over 2020-2026
Selbyville, Delaware, United States, November 4 2020 (Wiredrelease) Global Market Insights, Inc –:Evolving perceptions regarding animal nutrition, alongside the integration of high-performance ingredients in feed solutions will boost protein hydrolysate for animal feed application market share.
The demand for animal-based products such as dairy, as well as cured meats, pre-packaged breakfast meat products, and others are expected to augment the demand for better animal nutrition, particularly in swine feed. This growing demand is thereby likely to add impetus to industry expansion in the years ahead.
According to Global Market Insights, Inc. estimates, the protein hydrolysate for animal feed application market size is poised to surpass $890 million by 2026.
Growing demand for fish products will drive industry growth
Burgeoning demand for fish products such as cod liver oil, caviar, and other fish oil products is a major factor contributing to protein hydrolysate for animal feed market growth over the forecast spell. The sardines segment is anticipated to be valued at over $30 million by 2026. This growth is characterized mainly by the rising demand for high protein and low-fat feed solutions. Sardine-based protein hydrolysates offer proteins with robust nutritional properties, due to high essential amino acid concentration.
Protein hydrolysates derived from sardine waste are also used as an effective feed supplement in catfish feed and other aquarium feed solutions, as they are more cost-effective than other counterparts. Additionally, high nutritional content, myriad health benefits, and the easy availability of sardines are the key factors propelling protein hydrolysate for animal feed application market share from the segment.
The APAC protein hydrolysate for the animal feed application industry is also expected to register remuneration worth $275 million by 2026, given the rising focus on marine aquaculture production in the region. The consumption of marine products such as shrimp, salmon, and mollusks, among others is gaining rapid traction in the region, which has in turn provided a significant boost to the aquaculture industry. Aquaculture producers are focusing largely on protein-rich animal feed solutions, in order to mitigate risk of viral & bacterial disease outbreaks and increase their yield. This will, in turn, stimulate protein hydrolysate for animal feed application market trends over the estimated timeline.
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The rising adoption of protein hydrolysates in cattle feed applications will serve as a key trend
The protein hydrolysate for the animal feed application industry from the cattle segment is projected to depict a CAGR of nearly 5.5% through 2026. This is attributed to the mounting demand for high-quality dairy items across the globe. Furthermore, the growing propensity towards whey-based feed solutions for swine and calves feed is likely to fuel industry growth from the enzymatic hydrolysis technology segment.
Based on form, the powder segment is expected to register growth at a commendable CAGR of almost 5% through 2026, given the better digestibility of the product. For instance, the NURISH® Soy Protein Isolate partially-hydrolyzed protein powder from DuPont Nutrition and Biosciences has been developed as an easily digestible and highly functional protein and amino acid source for piglet diets, calf milk replacers, and pet food solutions.
Persistent innovations and efforts by industry players will present lucrative growth opportunities
The protein hydrolysate for animal feed application market outlook is strengthened by the presence of prominent players such as Royal Canin, Azelis Italina SRL, SOPROPECHE, FASA Group, Kemin Industries, SAMPI, ATA Foods, and Nutrifish, among others.
These industry participants are engaged in several strategic initiatives, from new product developments to marketing & branding strategies, to collaborations and other such measures to enhance their position in the global industry.
To illustrate, Novozymes and Green Plains recently inked a collaboration to combine biologicals with novel processes, in order to create more protein-rich animal feed solutions. These new developments include Green Plain’s efforts to develop a process that can separate and isolate high-value components in corn kernels mechanically, to push the protein level of the finished product to almost 50%, from the existing 30%.
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