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What fueled the previous growth in the meat and bone meal (mbm) market?

There has been a gradual increase in the size of the meat and bone meal (MBM) market in the past few years. Its size is projected to increase from $5.95 billion in 2024 to $6.23 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.7%. The previously observed growth is largely due to a rise in demand for rendered products, expansion of the biofuel industry, increased commercial pig farming, heightened research and development, and a growing consciousness about sustainable animal by-products.

What will be the meat and bone meal (mbm) market size in the future?

In the upcoming years, the market size of meat and bone meal (MBM) is set to experience consistent growth, expected to reach $7.38 billion by 2029 with a compound annual growth rate (CAGR) of 4.3%. The growth during the projected period can be credited to factors such as the escalating demand for sustainable animal feed alternatives, continuous advancements in protein extraction methodologies, expanding global livestock numbers, increasing global meat demand, and growing consumer preference for diets high in protein. The forecast period is likely to witness trends like technological advancements, eco-friendly feed alternatives, pig nutrition programs, organic agriculture, and synthetic feed components.

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What main drivers are fueling expansion in the meat and bone meal (mbm) market?

The escalating need for animal feed is anticipated to propel the expansion of the meat and bone meal market. Animal feeds, which are devised food items intended to cater to the nutritional necessities of livestock, poultry and other tamed animals to foster growth, health, and output, are driving this growth. The global amplification in meat, dairy products, and eggs consumption, surge in livestock production, and the pursuit of improved efficiency in animal farming serve as catalysts for the demand for animal feeds. Meat and bone meal, due to its protein content, mineral availability, and economic advantages, ranks as a widely used component in diverse animal feeds. For example, in July 2024, figures from the Department for Environment, Food, and Rural Affairs, a UK-based ministerial department, showed a 5.9% rise in the overall volume of animal feed from 29.3 million metric tons in 2022 to 31.1 million metric tons in 2023. Thus, the escalating need for animal feed propels the expansion of the meat and bone meal market.

What key areas define the segmentation of the global meat and bone meal (mbm) market?

The meat and bone meal (MBM) market covered in this report is segmented –

1) By Type: Cow And Sheep Ingredients; Non Cow And Sheep Ingredients

2) By Product: 60% Protein; 65% Protein; Other Products

3) By Application: Animal Feed; Fuel; Fertilizer; Pet Food; Other Applications

Subsegments:

1) By Cow And Sheep Ingredients: Beef-Based Meat And Bone Meal; Sheep-Based Meat And Bone Meal; Mixed Cow And Sheep Meat And Bone Meal; Cow And Sheep Offal-Based Meal

2) By Non-Cow And Sheep Ingredients: Poultry-Based Meat And Bone Meal; Pork-Based Meat And Bone Meal; Fish-Based Meat And Bone Meal; Other Animal-Based Meat And Bone Meal; Mixed Animal-Based Meat And Bone Meal

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Who are the dominant players expanding their reach in the meat and bone meal (mbm) market?

Major companies operating in the meat and bone meal (MBM) market are Scoular Company, Darling Ingredients Inc., SARIA Group, Pinnacle Foods Inc., Kemin Industries Inc., ForFarmers N.V., Sanimax, Kent Nutrition Group, Purina Animal Nutrition LLC, Baker Commodities Inc., Ridley Corporation Limited, TraceGains Inc., De Heus Animal Nutrition B.V., Farol S.A., Anandi Enterprises Pvt. Ltd., JG Pears Group Ltd., Seeds and Cereals Ltd., Maxland Group, Euroduna Rohstoffe GmbH, Akiolis Group, Ten Kate Holding B.V., Nugen Feeds Pvt. Ltd., Befriend Agro Product Pvt. Ltd.

What emerging trends are influencing the growth of the meat and bone meal (mbm) market?

Major companies operating in the meat and bone meal (MBM) market are focusing on developing innovative products, such as cultivated meat products, to offer convenience and a longer shelf life. Cultivated meat, or cultured or cell-based meat, is produced by growing animal cells in a controlled environment rather than raising and slaughtering animals. For instance, in March 2024, Meatly, a UK-based manufacturer of pet foods, launched cultivated chicken pet food. Meatly’s cultivated meat is produced through a distinctive three-step process that starts with a small sample of cells from a chicken egg. These cells are then provided with all necessary vitamins, minerals, and amino acids and nurtured in a controlled environment that regulates temperature and acidity.

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Which regions are emerging as leaders in the meat and bone meal (mbm) market?

North America was the largest region in the meat and bone meal (MBM) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the meat and bone meal (MBM) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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