The global soy protein for animal feed market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period (2023-2030). The collaboration of key market players to develop advanced soy ingredient based animal feed is a major factor driving the growth of the global soy protein for animal feed market. For instance, in May 2023, Benson Hill, a US based food technology company that uses data science to selectively and rapidly breed plants for specific traits has collaborated with aquaculture feed supplier BioMar to develop more sustainable soy ingredients. The partners are working together to further reduces the footprint of soy ingredients. The high concentration of protein allows the manufacturers to replace soy-protein concentrates with minimal processing, which reduces the carbon emissions and water use associated with the ingredient’s production.
Browse the full report description of “Soy Protein for Animal Feed Market Size, Share & Trends Analysis Report Market by Protein Type (Concentrated Soy Protein, Isolated Soy Protein, and Others), and by Application (Aqua Feed, Poultry Feed, Pig Feed, and Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/soy-protein-for-animal-feed-market
Further, in March 2023, Corteva Inc. and Bunge have entered into multi-year collaboration to develop more nutritious soybean meal for the animal feed industry, specifically suited for poultry, swine and aqua feed. Through this collaboration, Corteva is leveraging its expertise in germplasm, gene editing, and traits discovery to develop soybean varieties with greater protein content, optimized amino acid profiles, and lower levels of anti-nutritional factors. Early field trial research has confirmed Corteva’s approach to boosting protein levels and significantly increasing the proportion of the key amino acids methionine and lysine in the soybean while maintaining high field and oil yields.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Protein Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Archer Daniels Midland Co., Cargill Inc., Wilmar International Ltd., Kerry Global, and DHN International among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Soy Protein for Animal Feed Market Report Segment
By Protein Type
By Application
Global Soy Protein for Animal Feed Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/soy-protein-for-animal-feed-market