Global Gluten Feed Market Statistics, Development and Growth 2017 to 2023
Summary – A New Market Study, “Gluten
Feed Market: Global Market Estimation, Dynamics, Regional Share, Trends,
Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023” Has Been Featured On Wiseguyreports.
Market
Outline: Gluten Feed Market
Gluten is the
mixture of storage proteins such as glutelin and prolamins, which are found in
the wheat and other grains such as corn, rye, and barley among others. Gluten
is majorly used in the pet feed and aquafeed to enhance the protein content which
helps to maintain the animal health. Gluten can be obtained as a by-product
during the production of corn syrup and corn starch. Healthy livestock requires
sufficient quantity of phosphorous, proteins, and dietary fibers which can be
obtained through gluten feed.
Market
Dynamics: Gluten Feed Market
Growing food
safety concerns, increase in animal welfare expenditure, and growth in usage of
gluten feed as an alternative to fishmeal in aquaculture, rise in demand for
protein-rich animal feed are anticipated to fuel the gluten feed market over
the forecast period. Moreover, increase in the disposable income, rise in
preference for healthy meat and other livestock products, cost-effectiveness of
gluten feed, and increase in animal adoption rate are projected to bolster the
gluten feed market over the forecast period. However, lack of awareness about
gluten feed in underdeveloped regions, adverse reactions associated with the
gluten feed, stringent regulations about the feed safety, and presence of
alternative protein feed are anticipated to hinder the growth of the over the
forecast period.
Market Scope:
Gluten Feed Market
Gluten feed
market is segmented on the basis of source type and livestock
Based on the
source type, it is segmented into the following:
Barley
Wheat
Rye
Corn
Maize
Others
Based on the
livestock, it is segmented into the following:
Poultry
Swine
Aquatic
animals
Cattle
Equine
Pet animals
Others
Market
Summary: Gluten Feed Market
Gluten feed
market is growing at a significant CAGR owing to increase in the demand for
protein-rich animal feed. Corn-gluten and wheat gluten are most commonly used
in the gluten feed due to cost-effectiveness and raw material availability for
the manufacturing. Gluten feed also used in the aquaculture sector for
obtaining the better productivity. Market players are focusing on the
development of novel gluten feed products with high quality and
cost-effectiveness. Acquisitions and mergers, collaborations, and product
launchings are key strategies followed by the companies for increasing their
revenue share in global gluten feed market. For instance, in October 2012,
European Union approved Syngenta corn variety – MIR 162 corn variety that
contains corn gluten feed.
Regional
Analysis: Gluten Feed Market
Geographically,
gluten feed market is segmented into North America, Europe, Asia Pacific, Latin
America, and Middle East and Africa. Increase in the animal welfare
expenditure, rise in awareness about the protein-rich animal feed, increase in
the population demanding for healthy meat and other livestock products, and
growing pet adoption are anticipated to fuel the North America gluten feed
market. Europe gluten feed market driven by increase in aquatic animal farming
in Norway, Ireland, and Denmark, rise in use of gluten feed as a protein
substituent in aquaculture, increase in the demand for healthy meat, and
adoption of newer technologies for gluten feed production might boost the
gluten feed market in Europe region. However, Asia Pacific gluten feed market
growing at significant rate owing to rise in population preferring the meat and
other livestock products, increase in awareness about animal health, rise in
adoption of farm animals, and increase in disposable income.
Market
Participants: Gluten Feed Market
Some of the
players in market are Cargill Incorporated (U.S.), Ingredion Incorporated
(U.S.), Agrana Group (Austria), The Roquette Group (France), Tate & Lyle
Plc. (U.K.), Commodity Specialists Company (U.S.), Archer Daniels Midland
Company (ADM) (U.S.), Bunge Ltd. (U.S.), Grain Processing Corporation (U.S.),
and Tereos Syral (France) to name a few.
Notable
Market Developments: Gluten Feed Market
In May 2017,
Archer Daniels Midland Company acquired Israel based Industries Centres EOD for
strengthening its agricultural feed product portfolio including gluten feed
For More Details : https://www.wiseguyreports.com/reports/2753952-gluten-feed-market-global-market-estimation-dynamics-regional-share-trends
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