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Gluten Feed Market projected to grow at a CAGR of 6.32% between 2017 and 2023
Gluten feed market is witnessing significant growth owing to the rising food safety concerns. Increasing awareness among consumers about healthy diets coupled with improved marketing activities is also supporting the growth of gluten feed market globally. Growing usage of gluten feed as an alternative to fish meals will continue to bolster the growth of gluten feed market during the forecast period. However, strict regulations regarding feed safety and GM crops are hindering the growth of gluten feed market.
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Poultry dominates the livestock segment
By application, gluten feed market is segmented as poultry, cattle, swine, and others. Poultry held the major market share in 2017. Swine segment is projected to witness a significant CAGR between 2017 and 2023 owing to the increasing demand for pork across the globe.
APAC projected to grow at a significant CAGR during the forecast period
Geographically, gluten feed market is segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Rising disposable income and living standards in APAC countries are significantly driving the demand for gluten feed in the region. Increasing urbanization and growing population base demanding meat and other livestock products which is also contributing to the growth of gluten feed market in APAC.
This report also includes a study of strategies and product portfolios of some of the leading companies in the gluten feed market. It consists of company profiles of the leading companies such as Roquette, Tate & Lyle, AGRANA Beteiligungs-AG, Archer Daniels Midland Company, Commodity Specialists Company, Tereos, Grain Processing Corporation, Cargill, Incorporated, and NORSILDMEL AS.
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Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
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