Market Overview:
The global vegetable protein feed market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for animal-based protein in developing countries and the rising awareness about the benefits of vegetable protein feed among livestock farmers. Based on type, soybean cake is expected to account for a major share of the global vegetable protein feed market in 2018. This can be attributed to its high nutritional value and widespread use as a livestock feed ingredient across the globe. Rapeseed cake is also anticipated to witness significant growth during the forecast period, owing to its high content of omega-3 fatty acids which are beneficial for human health. Based on application, poultry is expected to account for a major share of the global vegetable protein feed market in 2018.
Product Definition:
Vegetable protein feed is a type of animal feed that is made from vegetable sources. It is often used as a replacement for traditional feeds that contain meat or dairy products. Vegetable protein feed can be used to supplement the diets of animals that are being raised for meat or milk, or it can be used to help improve the health of animals that are being kept as pets.
Soybean Cake:
Soybean cake is a by-product obtained during the extraction of soy oil. It is basically a solid residue remaining after the extraction process. Soybean cakes are used as an alternative to meat in several countries where meat consumption is low or non-existent owing to various religious and cultural beliefs.
The global market for vegetarian protein feed was estimated at USD 3,688 million in 2016.
Rapeseed Cake:
Rapeseed cake is a by-product obtained during the process of rapeseed oil extraction. It is basically a solid form of vegetable protein and contains high amino acid content which makes it suitable for use as animal feed. Rapeseed cake can also be used as an ingredient in various food products such as bakery items, sauces, salad dressings and cereals owing to its healthy ingredients like fiber, vitamins & minerals along with essential fatty acids.
Application Insights:
Poultry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Poultry industry has been witnessing significant growth due to rising demand for meat among consumers across various regions. This, in turn, is expected to drive product demand in poultry feed applications over the forecast period.
Fish protein is anticipated to be one of the fastest-growing segments owing to increasing fish farming activities across different parts of Asia Pacific and Europe as a result of growing consumer preference for sea food products. The others segment includes animal proteins such as milk & milk products, eggs & egg products, etc., which are not directly consumed by humans but are widely used as additives or supplements in several industries including dairy and livestock farming respectively.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40.0% in 2017 and is anticipated to witness significant growth over the forecast period. The region has a large number of feed mills that process vegetable protein feed on a large scale owing to its low cost as compared to animal source protein. China, India, Japan, South Korea, Taiwan and Indonesia are some of the major consumers in this region due to high population density and rising awareness about healthy diet among people.
North America is expected to be one of the fastest growing regional markets with a CAGR exceeding 6.5% from 2018 to 2030 owing herring fillets being one of most preferred seafood products across U.S.
Growth Factors:
- Increasing demand for vegetarian and vegan food products
- Rising awareness about the health benefits of vegetable protein feed
- Growing popularity of plant-based diets
- Proliferation of meat-free options in restaurants and supermarkets
- Increased investment in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Vegetable Protein Feed Market Research Report
By Type
Soybean Cake, Rapeseed Cake, Others
By Application
Poultry, Fish, Others
By Companies
Manildra Group, Roquette, CropEnergies, Tereos Syral, Showa Sangyo, Cargill, Cosucra
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Vegetable Protein Feed Market Report Segments:
The global Vegetable Protein Feed market is segmented on the basis of:
Types
Soybean Cake, Rapeseed Cake, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Poultry, Fish, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Manildra Group
- Roquette
- CropEnergies
- Tereos Syral
- Showa Sangyo
- Cargill
- Cosucra
Highlights of The Vegetable Protein Feed Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soybean Cake
- Rapeseed Cake
- Others
- By Application:
- Poultry
- Fish
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vegetable Protein Feed Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vegetable protein feed is a type of animal feed that contains plant-based proteins. These proteins can be derived from soy, wheat, corn, or other sources. They are often used to supplement the diets of animals who are not able to get enough protein from their regular food sources.
Some of the major companies in the vegetable protein feed market are Manildra Group, Roquette, CropEnergies, Tereos Syral, Showa Sangyo, Cargill, Cosucra.
The vegetable protein feed market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vegetable Protein Feed Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vegetable Protein Feed Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vegetable Protein Feed Market - Supply Chain
4.5. Global Vegetable Protein Feed Market Forecast
4.5.1. Vegetable Protein Feed Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vegetable Protein Feed Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vegetable Protein Feed Market Absolute $ Opportunity
5. Global Vegetable Protein Feed Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vegetable Protein Feed Market Size and Volume Forecast by Type
5.3.1. Soybean Cake
5.3.2. Rapeseed Cake
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vegetable Protein Feed Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vegetable Protein Feed Market Size and Volume Forecast by Application
6.3.1. Poultry
6.3.2. Fish
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vegetable Protein Feed Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vegetable Protein Feed Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vegetable Protein Feed Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vegetable Protein Feed Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vegetable Protein Feed Demand Share Forecast, 2019-2026
9. North America Vegetable Protein Feed Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vegetable Protein Feed Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vegetable Protein Feed Market Size and Volume Forecast by Application
9.4.1. Poultry
9.4.2. Fish
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vegetable Protein Feed Market Size and Volume Forecast by Type
9.7.1. Soybean Cake
9.7.2. Rapeseed Cake
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vegetable Protein Feed Demand Share Forecast, 2019-2026
10. Latin America Vegetable Protein Feed Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vegetable Protein Feed Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vegetable Protein Feed Market Size and Volume Forecast by Application
10.4.1. Poultry
10.4.2. Fish
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vegetable Protein Feed Market Size and Volume Forecast by Type
10.7.1. Soybean Cake
10.7.2. Rapeseed Cake
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vegetable Protein Feed Demand Share Forecast, 2019-2026
11. Europe Vegetable Protein Feed Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vegetable Protein Feed Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vegetable Protein Feed Market Size and Volume Forecast by Application
11.4.1. Poultry
11.4.2. Fish
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vegetable Protein Feed Market Size and Volume Forecast by Type
11.7.1. Soybean Cake
11.7.2. Rapeseed Cake
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vegetable Protein Feed Demand Share, 2019-2026
12. Asia Pacific Vegetable Protein Feed Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vegetable Protein Feed Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vegetable Protein Feed Market Size and Volume Forecast by Application
12.4.1. Poultry
12.4.2. Fish
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vegetable Protein Feed Market Size and Volume Forecast by Type
12.7.1. Soybean Cake
12.7.2. Rapeseed Cake
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vegetable Protein Feed Demand Share, 2019-2026
13. Middle East & Africa Vegetable Protein Feed Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vegetable Protein Feed Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vegetable Protein Feed Market Size and Volume Forecast by Application
13.4.1. Poultry
13.4.2. Fish
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vegetable Protein Feed Market Size and Volume Forecast by Type
13.7.1. Soybean Cake
13.7.2. Rapeseed Cake
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vegetable Protein Feed Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vegetable Protein Feed Market: Market Share Analysis
14.2. Vegetable Protein Feed Distributors and Customers
14.3. Vegetable Protein Feed Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Manildra Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Roquette
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CropEnergies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tereos Syral
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Showa Sangyo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cargill
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cosucra
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
