Save up to 30% on The Business Research Company’s comprehensive market research reports for a limited time only!

What is the Anticipated CAGR of the Gluten Feed Market Over the 2024-2033 Forecast Period?

The market size of gluten feed has seen considerable growth in the past few years. The market is projected to expand from $1.15 billion in 2023 to $1.23 billion in 2024, demonstrating a compound annual growth rate (CAGR) of 7.3%. The past period’s growth can be credited to the ethanol industry’s expansion, the effective use of milling industry by-products, the efficient use of feed resources, the cost-effectiveness of gluten feed, and its high nutritional value.

The gluten feed market is predicted to experience significant expansion in the upcoming years, with an estimated worth of $1.6 billion by 2028 at a compound annual growth rate (CAGR) of 6.8%. This anticipated growth during the forecast period is due to rising global meat consumption, the use of alternative protein sources in animal foods, the growth of the biofuel industry, a focus on sustainable animal farming, and the inclusion of gluten feed in ruminant diets. Key trends projected during the forecast period encompass animal nutrition research and development, sustainable solutions in animal nutrition, advancements in processing technologies, quality control and tracking, as well as collaborations and partnerships.

Claim Your Free Sample of the Global Gluten Feed Market Report Today!

https://www.thebusinessresearchcompany.com/sample.aspx?id=10247&type=smp

What Are the Driving Forces Behind the Growth of the gluten feed Market?

The surge in meat and dairy product consumption is anticipated to fuel the gluten-feed market’s expansion. Meat products can be defined as food items derived or made from animal tissues, usually consumed after being cooked or with added seasonings and condiments. Similarly, dairy or milk products are food items derived from the milk of various livestock including cows, water buffalos, goats, and ewes. The dietary importance of gluten-rich foods in the meat and dairy industry cannot be overstated, they provide essential nutrients that support high milk yield in the dairy sector and contribute to muscle growth in animals within the meat industry due to their rich protein content. For instance, in November 2021 as stated in the Dairy Foods Magazine, a US-based online platform offering wide coverage on the dairy and dairy foods industry, flavored milk saw a rise in sales by 4.8% making $1,646.5 million, alongside a unit sales increase of 1.0%, hitting $658.2 million. Moreover, the United Nations Food and Agricultural Organization (FAO), a specialized UN branch focused on eliminating hunger and bettering nutrition and food security globally, projects that global meat consumption will rise by 1.7% annually until 2022. Consequently, this rise in meat and dairy product consumption is propelling the gluten-feed market’s growth.

What Are the Core Segments of the Gluten Feed Market?

1) By Source: Wheat, Corn, Barley, Rye, Maize, Other Sources

2) By Nature: Organic, Conventional

3) By Application: Swine, Poultry, Cattle, Aquaculture, Equine, Pet Animals

What Are the Key Innovations Reshaping the Gluten Feed Market?

The gluten feed market is currently seeing an increase in product innovation, a burgeoning trend driven by key industry players. These companies are tirelessly innovating new solutions to hold their market position. For instance, in October 2022, the Denmark-based biotech firm Novozymes launched Frontia Gluten Ex, an enzyme designed to help plants recover 2% more wheat gluten protein from the same volume of raw materials. This cutting-edge enzyme is an innovative addition to Novozymes’ Frontia platform, which features a range of enzymatic solutions aimed at helping grain millers refine their procedures. Vital wheat gluten (VWG), a precious protein product derived from the wheat separation process, finds extensive applications across industries such as baking, the aquafeed sector, and plant-based protein goods. The unveiling of the new enzyme aids wheat processors in enhancing their gluten protein recovery, by curtailing viscosity during processing. This results in superior wheat flour separation paired with reduced energy consumption, thus augmenting their process margins.

Order Now for Fast Delivery of Your Gluten Feed Market Report!

https://www.thebusinessresearchcompany.com/report/gluten-feed-global-market-report

What Regions Are Influencing the Dynamics of the Gluten Feed Market?

North America was the largest region in the gluten feed market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global gluten feed market during the forecast period. The regions covered in the gluten feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Gluten Feed Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the gluten feed market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Gluten Feed Market Include

1. Gluten Feed Market Executive Summary

2. Gluten Feed Market Segments

3. Gluten Feed Market Size And Template Market Growth Rate

4. Key Gluten Feed Market Trends

5. Major Gluten Feed Market Drivers

……

25. Key Mergers And Acquisitions In The Gluten Feed Market

26. Top Gluten Feed Companies

27. Gluten Feed Market Opportunities And Strategies

28. Gluten Feed Market, Conclusions And Recommendations

29. Appendix

Discover Related Reports by The Business Research Company:

Protein Labeling Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/protein-labelings-global-market-report

Plant-Based-Meat Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/plantbasedmeat-global-market-report

Protein Inhibitors Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/protein-inhibitor-global-market-report

Learn More About The Business Research Company

The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: