The global lysine market was valued at USD 1.26 billion in 2023 and is expected to grow at a CAGR of 8.2% from 2024 to 2030. The market growth can be attributed to the increasing demand for protein-rich diets including meat consumption, among the developing nations. Lysine, an essential ... Read More »
September 2024The global apiculture market size was estimated at USD 8.95 billion in 2023 and is projected to grow at a CAGR of 4.0% from 2024 to 2030, owing to the versatility of bee products extends beyond food and beverages. They are integral to various sectors, including pharmaceuticals, cosmetics... Read More »
August 2024The global fishmeal market size was estimated at USD 9.50 billion in 2023 and is projected to grow at a CAGR of 7.3% from 2024 to 2030.The growth of the market is fueled by the rising demand for fishmeal in the livestock and aquaculture feed industries. The consumption of fishmeal has se... Read More »
August 2024The global animal feed enzymes market size was estimated at USD 1.55 billion in 2023 and is projected to grow at a CAGR of 4.4% from 2024 to 2030. Manufacturers invest highly in research and development (R&D) to create more advanced and specialized enzyme products. This includes deve... Read More »
August 2024The global animal feed additives market size was estimated at USD 42.0 billion in 2023 and is projected to grow USD 55.46 billion by 2030, growing at a CAGR of 4.3% from 2024 to 2030. This is mainly attributed to surging animal feed production due to rising meat consumption worldwide, wh... Read More »
August 2024The global feed palatability enhancers and modifiers market size was estimated at USD 3,250.52 million in 2023 and is projected to grow at a CAGR of 5.0% from 2024 to 2030. This is attributable to the increasing demand for livestock products, the need to enhance livestock productivity, t... Read More »
April 2024The U.S. pet food market size was estimated at USD 35.18 billion in 2023 and is expected to expand at a CAGR of 3.7% from 2024 to 2030. Pet products have witnessed substantial demand over the past few years owing to the advent of online purchasing and the notable contribution of e-commer... Read More »
March 2024The global essential oils and plant extract for livestock market size was estimated to reach USD 2.7 billion by 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2030. The extensive usage of essential oil & plant extracts-based feed to improve... Read More »
January 2024The Vietnam animal feed additives market size was valued at USD 725.8 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2030. This is attributed to the increasing poultry consumption in the country aided by changing lifestyles as well as... Read More »
January 2024The global feed premixes market size was estimated at USD 12.72 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.6% in terms of revenue from 2024 to 2030. This is attributed to the increasing demand for high-value protein as well as heightened awarene... Read More »
December 2023The global alfalfa market was estimated at USD 22.69 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2030. The growth of the market is attributed to the rising demand for high-quality forage for livestock, as alfalfa is a nutritious feed source for animals, inclu... Read More »
December 2023The Europe pet food antioxidants for meat rendering market size was valued at USD 55.07 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 1.7% in revenue from 2024 to 2030. This growth is attributed to increasing numbers of pet adoption globally fueling ... Read More »
December 2023The global amino acids market size was valued at USD 27.2 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2030. This is attributable to increased consumer spending capacity and growing awareness among individuals regarding healthy l... Read More »
November 2023The global yeast ingredients market size was valued at USD 2.56 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.4% from 2023 to 2030. The growing importance of these ingredients as savory flavors and their large-scale application in fermentation pr... Read More »
November 2023The global animal feed market size was estimated at USD 570.72 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2030. This growth is attributable to the increasing commercial livestock production owing to the rising demand for animal... Read More »
September 2023The global dog food market size was estimated at USD 41.44 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2030. This is attributed to the increasing awareness among consumers about the importance of providing balanced and nutritional ... Read More »
September 2023The global cat food market size was estimated at USD 31.28 billion in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 4.4% from 2023 to 2030. The growth of the product market is attributed to the growing ownership of cats, the humanization of pets, and a grow... Read More »
September 2023Animal parasiticides are products used to prevent and treat parasitic infections in livestock and companion animals. Parasites such as fleas, ticks, and worms cause animal health problems, ranging from skin irritation to severe disease and even death. Animal parasiticides are essential f...Read More »
The global animal antimicrobial and antibiotics market size was valued at USD 678.48 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.5% from 2023 to 2030. The increase in meat consumption is driving the market in several ways. In meat production, anim... Read More »
April 2023The global aquafeed additives market size was valued at USD 2.16 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 4.3% from 2023 to 2030. The market has been growing rapidly due to an increasing demand for fish and seafood products. This trend is ex... Read More »
March 2023