Overview and Scope
Berry extract for feed is a feed additive made from berries that is used to improve the nutritional content of animal feed. It is used in animal feed to increase cattle health and production.
Sizing and Forecast
The berry extracts for feed market size has grown strongly in recent years. It will grow from $6.06 billion in 2023 to $6.47 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increasing feed quality and nutritional value, industry focus on animal health and productivity, exploration of natural feed ingredients, shift towards sustainable farming practices, market emphasis on functional feed additives.
The berry extracts for feed market size is expected to see strong growth in the next few years. It will grow to $8.53 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to expansion in livestock and poultry industries, research advancements in animal nutrition, consumer preference for natural and functional feed additives, regulatory support for nutritional supplements, focus on animal welfare and performance optimization. Major trends in the forecast period include market shift towards natural feed additives, health and nutritional benefits, antioxidant-rich supplements, natural alternatives to synthetic additives, performance enhancement in livestock.
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Segmentation & Regional Insights
The berry extracts for feed market covered in this report is segmented –
1) By Form: Liquid, Powder, Pills
2) By Source: Natural, Synthetic
3) By Application: Pharmaceutical, Food And Beverage, Nutraceutical
Asia-Pacific was the largest region in the berry extracts for feed market in 2023. The regions covered in the berry extracts for feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing preference for animal-based protein is expected to propel the growth of the berry extracts for feed market going forward. Animal protein refers to proteins that are derived from animal sources, such as meat, poultry, fish, eggs, and dairy products. These foods are considered high-quality sources of protein as they contain all of the essential amino acids. Berry extract feed, like blueberries, provides activated protein kinase (APK), an enzyme that helps to activate or signal the protein processing of animal proteins and humans. For instance, in 2022, according to the Organization for Economic Co-operation and Development (OECD) and Food and Agriculture Organization (FAO), 2022 Highlights, the global fish consumption is expected to reach 21.4 kg per capita in 2031, compared to 20.5 kg per capita in the year 2021. Additionally, in June 2021, according to the British Nutrition Foundation 2021 Highlights, a UK-based registered charity and non-profit organization, average daily protein consumption in the UK was 76.0 g/day for adults aged 19–64 years and 67.0 g/day for adults aged 65 years. Among them, animal protein intakes in the form of meat and meat products are 34%, and chicken and turkey are 16%. Therefore, the increasing preference for animal-based protein is driving the growth of berry extracts for the feed market.
Key Industry Players
Major companies operating in the berry extracts for feed market report are Nutrition N.V., Kemin Industries Inc., Biomin Holding GmbH, Impextraco NV, Merck Animal Health, Novus International Inc., Alltech Inc., Archer-Daniels-Midland Company, Nutra Green Biotechnology Co. Ltd., FutureCeuticals Inc., Bio-Botanica Inc., Berrico Food Company B.V., Mazza Innovation Ltd., Carrubba Inc., Shaanxi Guanjie Bio-Technology Co. Ltd., Perstorp Holding AB, E. I. du Pont de Nemours and Company, BASF SE, Cargill Incorporated, Kalsec Inc., Martin Bauer GmbH & Co. KG, Naturex S.A., Nexira SAS, Kerry Group plc, Fytexia SAS, PT Phytochemindo Reksa, Sabinsa Corporation, Frutarom Industries Ltd., Batory Foods Inc., Indena S.p.A.
The berry extracts for feed market report table of contents includes:
1. Executive Summary
- Berry Extracts For Feed Market Characteristics
- Berry Extracts For Feed Market Trends And Strategies
- Berry Extracts For Feed Market – Macro Economic Scenario
- Global Berry Extracts For Feed Market Size and Growth
.
- Global Berry Extracts For Feed Market Competitive Benchmarking
- Global Berry Extracts For Feed Market Competitive Dashboard
- Key Mergers And Acquisitions In The Berry Extracts For Feed Market
- Berry Extracts For Feed Market Future Outlook and Potential Analysis
- Appendix
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