発酵飼料成分の世界市場 - 分析と予測：アミノ酸、ビタミン・ミネラル、有機酸、プロバイオティクス・プレバイオティクス (2018-2023年)
Global Fermented Feed Ingredient Market: Focus on Ingredient Type, Animal Type, Supply Chain, Emerging Trends and Regulatory Landscape - Analysis & Forecast, 2018-2023
|発行||BIS Research Inc.||商品コード||853983|
|出版日||ページ情報||英文 285 Pages
|発酵飼料成分の世界市場 - 分析と予測：アミノ酸、ビタミン・ミネラル、有機酸、プロバイオティクス・プレバイオティクス (2018-2023年) Global Fermented Feed Ingredient Market: Focus on Ingredient Type, Animal Type, Supply Chain, Emerging Trends and Regulatory Landscape - Analysis & Forecast, 2018-2023|
|出版日: 2019年05月21日||ページ情報: 英文 285 Pages||
Global Fermented Feed Ingredient Market Anticipated to Reach $19.18 billion by 2023, BIS Research Report
The global feed industry has witnessed a massive transformation over the past five years, owing to the increasing urbanization and rapidly rising demand for animal proteins. Market players across the animal feed supply chain are actively working toward the development of sustainable animal production systems. Moreover, the increasing concern over the use of antimicrobials has further driven the application of nutrigenomics and fermentation techniques for animal feed solutions. Fermented feed ingredients help in addressing specific nutritional deficiencies in animals, along with the improvement in overall performance. Furthermore, the cost-effectiveness of the feed ingredients produced through fermentation technology is gradually driving the degree of acceptance amongst farmers. With increasing awareness about the nutritional benefits and technological advancement, the demand for fermented feed ingredients is expected to rise globally in the coming future.
The market research study offers a wide perspective of the fermented feed ingredients market and analyzes its impact on the end users by providing critical insights into the direction of its future expansion. The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research (a host of paid and unpaid databases), along with the analytical tools that have been used to build the forecast and the predictive models.
This study has been designed to answer some of the most crucial questions about the fermented feed ingredients market:
The report is a compilation of fermented feed ingredients market segmented by ingredient type, ingredient form, animal type, and region. In the extensive primary research process undertaken for this study, the primary sources further include industry experts and key executives from prominent companies and organizations in the fermented feed ingredients market.
Moreover, the report consists of a comprehensive analysis of fermented feed ingredients market for different regions. This market holds a prominent share in various countries of North America, Europe, Asia-Pacific (APAC) and Rest-of-the-World (RoW). The report also provides a country-based analysis for all the leading countries in each region, including the U.S., Canada, Mexico, Germany, U.K., France, Italy, Sweden, the Netherlands, Spain, China, Japan, India, Thailand, Vietnam, Australia and New Zealand, Saudi Arabia, Brazil, U.A.E., and South Africa. The key players identified in the market are Koninklijke DSM N.V., Archer Daniels Midland Company, BASF SE, Evonik Industries AG, Ajinomoto Inc., Bluestar Adisseo Company, Chr. Hansen, Cargill Inc., Novozymes A/S, Nutreco, Novus International, Lonza Group AG, and Kerry Group, among others.
The increasing demand for animal proteins across the globe has propelled the need for sustainable feed production systems. Moreover, there is an increased concern over the improvement of animal health and introduction of safety and transparency across the feed supply chain. In regions such as North America and Europe, the feed industry is well-organized and currently exhibits a stable growth. However, the feed industry in the Asia-Pacific, South America, and Africa regions are anticipated to display huge growth prospects supported by a strong population growth and rising incomes. As a result of these demographic changes across the globe, the feed industry has undergone massive structural changes. Market players operating in the feed sector are striving to improve the nutritional profile for safe and high-quality animal products. Additionally, owing to the increasing need to reduce the use of antibiotics at the farm level, various companies are actively expanding their offerings with advanced nutrition solutions and specific micro-ingredients.
Apart from enhancing the nutrient content of the feed, improvement in the feed conversion ratio is another important issue that is being targeted by the companies. Feed cost represents majority of the production cost for animals. Livestock producers across the globe have gradually implemented cost-effective solutions to achieve proper feed utilization and reduce the operational costs. Fermented ingredients for animal feed are gradually gaining high popularity among the farmers, enabling them to reduce production costs and enhance nutrient availability. By using fermentation-based ingredients for animal feed, the nutritional value of feed ingredients is significantly enhanced. The fermented feed ingredient market is expected to progress at a healthy rate in the future, supported by the gradually growing affinity for safe and healthy feeding solutions.
High growth in the market in the coming future is expected to be driven by rising awareness among governments about the need to increase livestock produce while also taking care of the environment. The rising concerns over global food security and sustainability have led to extensive investments by the governments in the feed industry across the world. Further, the evolving dietary patterns and increasing urbanization have led to an increased demand for healthy and safe animal proteins.
The major types of fermented feed ingredients include amino acids, vitamins and minerals, enzymes, organic acids, probiotics and prebiotics, and carotenoids, among others. Amino acids accounted for the largest share in the market as a result of the increasing demand for protein worldwide. During the forecast period, probiotics and prebiotics segment is expected to display the highest growth owing to the increasing concerns over antibiotics usage in livestock farming.
The emerging trends of the fermented feed ingredient market vary across different regions. In 2018, North America was at the forefront of the market, with huge market concentration in the U.S. During the forecast period, Asia-Pacific region is expected to flourish as one of the most lucrative markets for fermented feed ingredient manufacturers. Rising urban population, high disposable income, and increased demand for healthy animal proteins nutritious food and beverage products with natural ingredients drive the growth of the fermented ingredients market. Regions such as South America and Africa are also expected to exhibit significant growth opportunities for fermentation-derived ingredients for animal feed due to the increased optimism in the economic conditions in these countries.
Some of the most prominent players in the fermented feed ingredients market include Koninklijke DSM N.V., Archer Daniels Midland Company, BASF SE, Evonik Industries AG, Ajinomoto Inc., Bluestar Adisseo Company, Chr. Hansen, Cargill Inc., Novozymes A/S, Nutreco, Novus International, Lonza Group AG, and Kerry Group. The competitive landscape for the fermented feed ingredient market demonstrates an inclination toward companies adopting strategies such as mergers and acquisitions as well as business expansions. For instance, in August 2018, Balchem Inc. acquired Bioscreen Technologies to add Bioscreen's fermented animal nutrition product line to their business line.
The major established players in the market are also focusing on product launches and developments to introduce new technologies or developing further on the existing product portfolio. Key players operating in this market have ramped up their product launch activities over the recent years, in order to generate public awareness about their existing and new products and technologies and compete with the competitors' product portfolio. For instance, in July 2018 and August 2018, BASF SE launched two animal nutrition feed ingredients, carotenoid Lucantin NXT, and organic acid-based silage additive Lupro-cid NA to enhance feed quality for livestock.