According to Stratistics MRC, the Global Fermented Feed Ingredient Market is accounted for $13.79 billion in 2019 and is expected to reach $31.10 billion by 2027 growing at a CAGR of 10.7% during the forecast period. Some of the key factors propelling the growth of the market are increasing concerns over global food security, rising urbanization, and growing demand for animal proteins. However, stringent regulatory compliances are the restraining factors for the growth of the market.
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By ingredient, the probiotics and prebiotics segment is expected to grow at a significant market share during the forecast period as they are the eco-friendly alternatives to antibiotics as they enhance feed efficiency as well as animal performance. Based on geography, North America is anticipated to hold considerable market share during the forecast period which is attributed to the growing awareness amongst the people for maintaining better nutrition and health for their livestock and animals.
Some of the key players in Fermented Feed Ingredient Market include Archer Daniels Midland, BASF, Cargill, DowDuPont, Kerry Group, AB Vista, Lonza Group, Angel Yeast, Koninklijke DSM, Kemin Industries, Kent Nutrition Group, Bluestar Adisseo, Novus International, SweetPro Feeds, Ajinomoto, Alltech, Lallemand, Novozymes, Evonik Industries, Balchem, Nutreco, Chr. Hansen, Fermented Nutrition, and CJ CheilJedang.
Animal Types Covered:
• Aquatic
• Ruminant
• Poultry
• Swine
• Other Animal Types
Ingredients Covered:
• Amino Acids
• Enzymes
• Probiotics and Prebiotics
• Vitamins and Minerals
• Organic Acid
• Carotenoids
Forms Covered:
• Liquid
• Dry
Process Types Covered:
• Batch Fermentation
• Aerobic Fermentation
• Continuous Fermentation
• Anaerobic Fermentation
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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