Key Developments of the Leading Players in the Market For De-oiled Lecithin
The global de-oiled lecithin market is projected to grow from an estimated value of USD 156.5 million in 2018 to reach USD 232.1 million by 2023, at a CAGR of 8.2%. This market is driven by the growth in demand for natural food additives and increase in consumer awareness about clean label products. Along with this, factors such as a rise in awareness about animal health & well-being and animal...
Livestock Grow Lights Market worth $8.6 billion by 2023
The Livestock Grow Lights Market is projected to grow from USD 6.3 billion in 2018 to USD 8.6 billion by 2023, at a CAGR of 6.4% during the forecast period. The major factors driving the livestock grow lights market include the increasing demand and consumption of animal-based products such as meat, milk, and eggs. Further, rising focus on livestock welfare and growth along with technological innovation...
The Demand for Cost-Effective Solutions to Treat Obesity Could Prove to be an Opportunity for Bovine Serum Albumin (BSA) Market
The global bovine serum albumin market is estimated to be valued at USD 255 million in 2019 and is projected to reach USD 304 million by 2025, recording a CAGR of 3.0%. Due to the growing livestock population and the subsequent increase in demand for blood-derived products, the market for bovine serum albumin is growing.
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It has been established that BSA is a dietary whey...
Growing Demand for Shelf Extension of Feed Driving the Growth of Feed Packaging Market
The feed packaging market is projected to grow from USD 13.8 billion in 2018 to USD 17.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The feed packaging market is further bifurcated into pet food and livestock feed packaging. The major factors driving the feed packaging market include the increasing trend of pet humanization and the growing spending...
Technological Innovations and the Adoption of Smart Livestock Farming Practices Driving the Growth of the Livestock Grow Lights Market
The livestock grow lights market is projected to grow from USD 6.3 billion in 2018 to USD 8.6 billion by 2023, at a CAGR of 6.4% during the forecast period. This is attributed to technological innovations and the adoption of smart livestock farming practices. However, the increase in the demand and consumption of livestock-based products and the rising focus on livestock growth and welfare together...
Growth opportunities and latent adjacency in Probiotics in Animal Feed Market
MarketsandMarkets forecasts the Probiotics in animal feed market to grow from USD 4.6 billion in 2019 to USD 7.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period. The major factors that are expected to be driving the probiotics in animal feed market are the Growth in consumption of animal-based products, shift of livestock industry from unorganized sector...
Feed Yeast Market to Witness Unprecedented Growth in Coming Years
The global feed yeast market size is estimated to account for USD 1.8 billion in 2020 and is projected to reach USD 2.3 billion by 2025, recording a CAGR of 5.1% during the forecast period. The market is driven by factors such as ban on the use of antibiotics in feed as a growth promoter and increasing use of yeast as a nutritional supplement for livestock. Also, rising concern regarding animal health...
Sustainable Growth Opportunities in the Feed Additives Market
Feed additives are products such as amino acids, phosphates, vitamins, enzymes etc. that are used in animal nutrition for purpose of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health, e.g. providing enhanced digestibility of the feed materials. The feed additives market is projected to grow from USD 33.0 billion...
Sustainable Growth Opportunities in the Feed Enzymes Market
The global feed enzymes market size is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 2.0 billion by 2025, growing at a CAGR of 9.1% during the forecast period. Enzymes are natural proteins that are naturally secreted by all livestock during the digestion process. Such endogenous enzymes produced by the livestock often do not meet suitable substrate requirements...
Growing Demand For Natural and Grain-Free Pet Food Ingredients Products is to Create Opportunities for Pet Food Manufacturers
The global pet food ingredients market is estimated to be valued at USD 37.0 billion in 2019 and is projected to reach USD 54.3 billion by 2025, at a CAGR of 6.6% from 2019 to 2025. The increase in pet adoption rate and pet expenditure are the significant factors that have driven the pet food ingredients market. The North American region is projected to hold the largest market by 2025 due to the large...