Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.40 Billion | USD 5.50 Billion | 5.5% | 2023 |
The global gluten feed market size was worth around USD 3.40 billion in 2023 and is predicted to grow to around USD 5.50 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.5% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Gluten Feed market on a global and regional level.
Gluten feed is a by-product of the milling process and excellent fodder for livestock. It usually contains proteins that enrich the fodder with digestible fiber and minerals, which are crucial for animals. The economic value of gluten feed depends on the comparative price of whole grain with protein feeds. The gluten feed market mainly comprises feed for poultry, cattle, swine, and aquaculture. Healthy livestock needs an adequate quantity of proteins and phosphorus along with the necessary dietary fibers. The gluten feed sources primarily include corn, barley, wheat, and rye. Corn gluten is one of the major sources of energy and establishes itself as one of the most common components of ruminant diets, followed by wheat gluten. Corn gluten feed chiefly consists of maize steep liquor. It may also contain cracked maize screenings, germ meal, and negligible quantities of other end-products from new microbial fermentations.
The growing concerns regarding environmental impact and sustainability of by products that are generated have resulted in the high demand for gluten feed products. There has been a steady growth in the demand for animal feed that is nutritious and high in protein and minerals. This is another major driver for the growth of the global gluten feed market. In addition, there has been a rise in the health-conscious population along with a special emphasis on the by products of animals. The nutritional content of these byproducts determines their demand, which is further expected to boost the gluten feed market globally. However, it is the lack of awareness along with managing the best nutritional content for the livestock that poses major challenges for the gluten feed market. Alternatively, the changing lifestyle of people along with a shift toward the organic foods and byproducts will provide numerous growth opportunities for this market in the years ahead.
The report analyzes the global Gluten Feed Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Labeling Equipment Market industry.
The study includes drivers and restraints of the gluten feed market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the gluten feed market on a global level.
In order to give the users of this report a comprehensive view of the gluten feed market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and the product portfolio of various companies according to the region.
The study provides a decisive view of the gluten feed market based on source, livestock, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
On the basis of source, the global gluten feed market is divided into wheat, corn, barley, rye, and others.
Based on livestock, the global gluten feed market comprises swine, poultry, cattle, aquaculture, and others.
Report Attributes | Report Details |
---|---|
Report Name | Gluten Feed Market |
Market Size in 2023 | USD 3.40 Billion |
Market Forecast in 2032 | USD 5.50 Billion |
Growth Rate | CAGR of 5.5% |
Number of Pages | 110 |
Key Companies Covered | Archer Daniels Midland Company, Tate & Lyle, Grain Processing Corporation, Ingredion Incorporated, Cargill Incorporated, Commodity Specialists Company, The Roquette Group, Bunge Ltd., Agrana Group, and Tereos Syral |
Segments Covered | By source, By livestock and By region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segment includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
By region, North America will hold a major share of the global gluten feed market in the years ahead. The utilization of produced corn crop by livestock is the major factors expected to boost the North American gluten feed market growth. The U.S. and Canada are expected to be the major countries that will contribute to the growth of this regional market.
Some major players of the global gluten feed market are
Global Gluten Feed Market: Source Analysis
Global Gluten Feed Market: Livestock Analysis
Global Gluten Feed Market: Regional Analysis
FrequentlyAsked Questions
Gluten feed is a by-product of the milling process and excellent fodder for livestock. It usually contains proteins that enrich the fodder with digestible fiber and minerals, which are crucial for animals.
According to study, the Gluten Feed Market size was worth around USD 3.40 billion in 2023 and is predicted to grow to around USD 5.50 billion by 2032.
The CAGR value of Gluten Feed Market is expected to be around 5.5% during 2024-2032.
North America has been leading the Gluten Feed Market and is anticipated to continue on the dominant position in the years to come.
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