Animal Feed Dietary Fibers Market – Snapshot
Animal feed is the foundation of livestock systems. It directly or indirectly affects the entire livestock sector, as well as the food chain. Dietary fibers are essentially used to improve the intestinal health of animals and their weight management. Animal feed for ruminants, poultry, swine, aquafeed, equine, rabbits, and pets involves specific content of dietary fibers. Dietary fibers such as pea hulls offered by Roquette Frères are used in pet food for dietary management of obesity. Insoluble dietary fiber ingestion stimulates satiety among animals, without adding excessive calories. Dietary fibers also regulate digestive health of animals, with positive impact on constipation. In case of poultry, dietary fibers facilitate better mineralization of bones, better protein and fat digestion, and improved feed conversion. Factors such as modern factory farming methods, technological and genetic advancements, and increase in feedstock production have boosted the capabilities of meat production. Rise in demand for meat and dairy products is anticipated to present significant opportunities to the global animal feed dietary fibers market in the near future.
The global animal feed dietary fibers market has been segmented based on type, application, and region. Based on type, the market has been divided into corn, cereals, grains, pine, potato, spruce, and others (including vegetables, fruits, and sugar beet pulp). In terms of revenue, the corn segment held major share of the market in 2018. Corn provides adequate amounts of dietary fibers to animals. It also promotes rumen bacterial growth, thus enhancing the feed digestibility. The corn segment is projected to dominate the global animal feed dietary fibers market throughout the forecast period. The cereals segment is anticipated to be another key segment in the animal feed dietary fibers market in the next few years. Cereals based animal diets are rich in dietary fiber content and provide improved weight control, improved digestive health, and enhanced immune function.
Based on application, the global animal feed dietary fibers market has been segregated into pet food, compound feed, and specialty feed. In terms of revenue and volume, the compound feed segment constituted the largest share of the global market in 2018. Compound feed is projected to observe robust demand from the key buyers in the animal feed dietary fibers market, including contract growers and animal farmers. The pet food segment is anticipated to expand at a faster pace than other segments during the forecast period. The global population of companion animals or pets is likely to expand substantially in the next few years. Pet owners are increasingly adding nutritional value to their pets’ diet, thereby driving the demand for dietary fibers in pet food. Global demand for pet food is likely to increase, led by the growth in per capita income of the people. Transition in pet diets from table scraps to nutritious feed is expected to positively impact the demand for animal feed dietary fibers during the forecast period.
Starter feeds is likely to be an emerging application of specialty feed in the next few years. Starter feeds enable young animals to adapt to solid feed, and improve feeds absorption. Demand for corn and cereals is estimated to rise in production of starter feed during the forecast period. Rise in concerns about health and environmental impact of meat-heavy diets is anticipated to propel the consumer preference for vegan and vegetarian food products. This is projected to restrain the market to some extent in the near future.
Based on region, the global animal feed dietary fibers market has been classified into Europe, North America, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global animal feed dietary fibers market in 2018. This trend is estimated to continue during the forecast period. The region is projected to create lucrative opportunities for the animal feed dietary fibers market in the near future. The animal feed dietary fibers market in Asia Pacific is likely to expand at a CAGR of exceeding 4% during the forecast period. Presence of well-established compound feed production industry and increase in pet population are expected to be the key factors propelling the market in Asia Pacific. Shift of the livestock industry from an unorganized sector to organized one is anticipated to boost the demand for animal feed dietary fibers during the forecast period.
Key players operating in the global animal feed dietary fibers market include Tate & Lyle, Roquette Frères, Associated British Foods plc, Cargill, Incorporated, ADM, and Ingredion and J. RETTENMAIER & SÖHNE GmbH + Co KG. The market is capital intensive and involves high degree of expertise in equipment management and feed formulation. It further involves significant marketing and promotional efforts. Manufacturers of animal feed dietary fibers are adopting various strategies such as plant capacity expansion, mergers & acquisitions, and distribution channel expansion to strengthen their geographic presence. For instance, in 2017, Roquette Frères built a new headquarters in Asia Pacific that focuses on the food & nutrition segment in the region.
Animal Feed Dietary Fibers Market – Overview
Dietary fibers facilitate proper functioning of the intestine’s immune system by positively regulating an animal’s intestinal flora. Dietary fibers offer various health benefits to ruminants, poultry, swine, and pets. For ruminants, dietary fiber is a vital part of metabolism in the rumen. A suitable proportioning of fiber fractions enhances the utilization of feed in monogastric animals such as pigs, dogs, cats, and equine. Animal feed dietary fibers lower the risk of colon inflammation, improve feed conversion, and facilitate better mineralization of bones.
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 Frères, Associated British Foods plc, J. RETTENMAIER & SÖHNE 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.
- Extensive analysis of the global animal feed dietary fibers market trends and shares from 2018 to 2027 to identify growth opportunities and key market developments
- Consumption of animal feed dietary fibers, by region, and list of manufacturers
- Key factors responsible for upcoming opportunities for the animal feed dietary fibers market at the global, regional, and country levels
- Comprehensive analysis with respect to investments and price trends that are likely to impact the market outlook and forecast for the global animal feed dietary fibers market between 2019 and 2027
- Opportunities for various stakeholders in the market value chain and detailed competition landscape of key players operating in the market to help understand the competition level
- Porters’ Five Forces Analysis that highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and analyze strengths and weaknesses of competitors in order to obtain strategic position in the market
The global animal feed dietary fibers market has been segmented as follows:
Global Animal Feed Dietary Fibers Market, by Type
- Others (including vegetables, fruits, and sugar beet pulp, etc.)
Global Animal Feed Dietary Fibers Market, by Application
- Pet Food
- Compound Feed
- Specialty Feed
Global Animal Feed Dietary Fibers Market, by Region
- North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa