ALL >> Business >> View Article
Feed Plant-based Protein Market- Emerging Innovations Expected To Boost The Global Revenue

The feed plant-based protein market is projected to grow at a CAGR of 6.3% during the forecast period
According to MarketsandMarkets, the global feed plant-based protein market size is estimated to be valued at USD 2.5 billion in 2020 and is projected to reach USD 3.4 billion by 2025, recording a CAGR of 6.3% in terms of value. The feed plant-based protein market is primarily driven by factors such as increase in demand for plant-based pet food due to rise in awareness among the pet owners, pet owners’ inclination toward organic pet food ingredients, and innovative animal husbandry techniques to improve meat quality augments demand for nutritional plant-based protein.
Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=178285411
By source, the pea segment is projected to grow at the highest CAGR during the forecast period
Based on source, the pea segment is expected to be the fastest-growing during the forecast period. This segment is rapidly growing and gaining popularity among feed plant-based protein manufacturers as it is an allergen friendly with various functional ...
... characteristics. Furthermore, pea proteins are used in alternatives to conventional feed protein ingredients.
By livestock, the pet segment is estimated to account for the largest share
The pet segment of the feed plant-based protein is dominating the market. The plant-based pet food trend is growing because the pet owners have been more inclined to consume a meatless diet themselves. Moreover, protein preferences in dog and cat food diets have been shown to closely mimic those of their vegan or vegetarian owners, with more of these owners opting to feed their pets a diet consisting of plant-based protein. Owing to these factors the segment is accounted for the largest share.
The Asia Pacific region is projected to grow at the highest CAGR during the forecast period
Asia Pacific is projected to be the fastest-growing market for the period considered for this study, due to increase in the demand and consumption of livestock-based products, a rise in feed production, and the implementation of innovative animal husbandry practices to improve the meat quality and output of other livestock-based products. The increasing awareness about livestock nutrition and healthy diet, modernization of the livestock industry, and the rise in consumption of meat & other livestock-based products have led to an increase in the size of the feed plant-based protein market.
The feed plant-based protein market is segmented region-wise, with a detailed analysis of each region. These regions include North America, Europe, Asia Pacific, and RoW (South America, Middle East and Africa).
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=178285411
Leading players profiled in this report include the following:
• DuPont (US)
• Kerry Group (Ireland)
• Ingredion (US)
• Emsland Group (Germany)
• AGRANA (Austria)
• Avebe (Netherlands)
• Kroner (Germany)
• Batory Foods (US)
Research Coverage
This report segments the feed plant-based protein market on the basis of source, livestock, type, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, regulatory framework, value chain, ecosystem/market map, end-use analysis, pricing insights, and company profiles—which together comprise and discuss the basic views on the competitive landscape, and emerging & high-growth segments of the feed plant-based protein market, high-growth regions, industry trends, drivers, restraints, opportunities, and challenges.
Add Comment
Business Articles
1. Most Expensive Places To Live In Dubai 2025: Top 14 Luxury AreasAuthor: luxury Spaces
2. Lucintel Forecasts The Phototherapy Lamp Market In Germany To Reach $1 Billion By 2031
Author: Lucintel LLC
3. Lucintel Forecasts The Percussion Instrument Market In United States To Reach $2 Billion By 2031
Author: Lucintel LLC
4. Lucintel Forecasts The Percussion Instrument Market In Japan To Reach $2 Billion By 2031
Author: Lucintel LLC
5. Gojek Clone App Script – A Complete Guide For Startups & Enterprises
Author: Swiza Joy
6. Lucintel Forecasts The Percussion Instrument Market In Germany To Reach $2 Billion By 2031
Author: Lucintel LLC
7. Web Design In The Age Of Ai: Opportunities And Challenges For Digital Marketers
Author: Vikram kumar
8. Lucintel Forecasts The Lung Cancer Surgery Market In United States To Reach $6 Billion By 2031
Author: Lucintel LLC
9. Salary Loans For Salaried Employees
Author: salarytopup
10. How Performance Testing Services Boost Software Quality
Author: Arnav Goyal
11. Byst: The Power Of Strong Business Mentors For Entrepreneurial Growth
Author: Byst Youth
12. How Iso 27001 Auditor Training Prepares Individuals For Internal Audits
Author: Jane
13. How To Sell My House Fast In Kentucky: A Homeowner's Guide?
Author: Adams Kirsten
14. Attractions And Living: Homes For Sale In Lexington, Ky
Author: Adams Kirsten
15. Trusted Old Coin Buyer: How To Sell Your Old Coins Safely In India
Author: surbhi