Global Animal Feed Dietary Fibers Market Outlook to 2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 26, 2019--
The “Animal Feed Dietary Fibers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027” report has been added to ResearchAndMarkets.com’s offering.
Compound feed, specialty feed, and pet food are the areas of applications of animal feed dietary fibers. Compound feed for swine (pigs) is expected to be a significant application during the forecast period. Being monogastric animals, feed quality and intestinal health are essential for pigs.
According to the researchers from the University of Hawaii at Manoa, inclusion of dietary fibers and reduction of crude protein in pig diets can be an effective nutritional strategy to counteract the negative effects of protein fermentation in the pig gut. Demand for pork is expected to increase substantially in the next few years. Inclusion of dietary fibers in pig feed is likely to enhance the sustainability of the overall food chain.
Implementation of stringent regulatory framework regarding the nutritive value, quality, compatibility and labelling of the animal feed is projected to boost the demand for animal feed dietary fibers in North America. The upward trend of pet population in the U.S. is also likely to drive the demand for animal feed dietary fibers in the region.
For instance, according to the 2017-2018 National Pet Owners Survey conducted by the American Pet Products Association (APPA), about 68% of the U.S. households, i.e. about 85 million families, own a pet. This is up from 56% of the U.S. households in 1988. In other words, over the last 30 years, pet ownership has risen from 56% to 68% among households in the U.S.
Health benefits of consumption of dietary fibers, increase in awareness about animal health, and rise in demand for animal-derived food products are anticipated to propel the demand for animal feed dietary fibers during the forecast period. Global consumption of meat has been rising. As per the United Nations (UN), the global population is estimated to surpass 9.6 billion by 2050. Highly populated countries such as China and India are witnessing increased demand for meat products, with expansion of the middle class.
However, meat production is a water-intensive process; production of one pound of meat requires between 5,000 and 20,000 liters of water, while production of one pound of wheat requires between 500 and 4,000 liters of waters. Rise in awareness about the environmental impacts of meat production is estimated to restrain the animal feed dietary fibers market to some extent during the forecast period.
This report analyzes and forecasts the animal feed dietary fibers market at the global and regional levels. The market has been forecast based on revenue (US$ Mn) and volume (kilo tons) from 2019 to 2027.
The study includes drivers and restraints of the global animal feed dietary fibers market. It also covers the expected impact of these drivers and restraints on the demand for animal feed dietary fibers during the forecast period. The report also highlights opportunities for the animal feed dietary fibers market at the global and regional levels.
The report comprises detailed value chain analysis, which provides a comprehensive view of the global animal feed dietary fibers market. The Porter’s Five Forces model for the animal feed dietary fibers market has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein product and application segments have been benchmarked based on their market value, growth rate, and general attractiveness.
The study provides a decisive view of the global animal feed dietary fibers market by segmenting it in terms of type, application, and region. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and forecast demand for animal feed dietary fibers in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also encompasses individual application segments of the market in every region.
The study includes profiles of major companies operating in the global animal feed dietary fibers market. Prominent players operating in the market include Cargill, Incorporated, Tate & Lyle, ADM, Roquette Frres, Associated British Foods plc, J. RETTENMAIER & SHNE GmbH + Co KG, and Ingredion. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The report provides size (in terms of volume and value) of the animal feed dietary fibers market for the base year 2018 and the forecast between 2019 and 2027.
(Overview, Financials, Recent Developments, Strategy)
For more information about this report visit https://www.researchandmarkets.com/r/b3v2sy
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INDUSTRY KEYWORD: RETAIL AGRICULTURE NATURAL RESOURCES FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 11/26/2019 07:37 AM/DISC: 11/26/2019 07:37 AM