Pig Protein Concentrate Market Size Worth $ 169.73 Billion By 2032 | CAGR: 3.1%

The global Pig Protein Concentrate market size is expected to reach USD 169.73 billion by 2032, according to a new study by Polaris Market Research. The report “Pig Protein Concentrate Market Share, Size, Trends, Industry Analysis Report, By Form (Pallets, and Powder); By Nature; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Consumption of pig protein concentrates has increased recently due to companies becoming more application-oriented with their pig products. A balanced meal can be maintained for the pigs' growth and development by feeding them pig protein concentrates along with regular grains and vegetables. In addition, to promoting improved muscular growth, greater fertility, and keeping the pig hydrated, a good diet of pig protein concentrate also helps to prevent diseases like intestinal torsion and erysipelas.

Additionally, in November 2021, APC is delighted to announce the release of three new hydrolyzed protein products: Pepteiva, Peptein, and Cravings. These products serve as a valuable health and nutrition method that lowers the need for medication and has a smaller negative environmental impact on farmlands that raise livestock, fish, and other animals, all while improving animal welfare. 

All animal species, especially ruminant animals, can consume Pepteiva and Peptein. Cravings are safe to be used When used as a consumption and consumer acceptability booster in domestic animal diets. Thus, to provide a balanced diet and hydrated pig and keep pig away from various diseases, the manufacturers' product launches are driving the market growth.

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Furthermore, manufacturers are concentrating on producing concentrate that meets the requirements of piglets, weaners, twerps, baconers, & boars for their necessary diet. For instance, in November 2022, ADM introduced two products, SUCRAM M'I Sweet & SUCRAM Specifeek, two sweeteners created by ADM's Pancosma global feed additives company, which are meant to make the feed more palatable for young animals, especially piglets and just weaned from their mothers. In addition to promoting animal health and welfare, palatants and sweeteners are practical nutrition solutions to increase feed intake and producers' productivity. Therefore, the launches of various protein products by major players for promoting animal health are boosting the demand for pig protein concentrates, driving the market’s growth over the forecast period.

Pig Protein Concentrate Market Report Highlights

• The conventional segment is anticipated to grow fastest over the forecast period. Soybean meal, sunflower seed meal, and plant-based pea protein sources for pigs are expected to attain a sizable market share during the projection period.
• The powder segment accounted for the largest revenue share because protein is portable and widely used in dried and powder form.
• Asia Pacific is experiencing significant growth in the demand for pig protein concentrate, driven by increased exports and investments in healthy pig farming, such as IoT and AI technologies for monitoring and improving animal care.
• The global players include ADM Corporation, Alltech, APC Inc., Cargill, Charoen Pokphand, Country Acres Feeds, CopRice, DLG Group, Forfarmers, Land O' Lakes, Laucke Mills, Nutreco, Nutrena Animal Feeds, Target Feeds, & Verm-X

Polaris Market Research has segmented the Pig Protein Concentrate market report based on form, nature, and region:

Pig Protein Concentrate, Form Outlook (Revenue - USD Billion, 2019 - 2032)

• Pallets
• Powder

Pig Protein Concentrate, Nature Outlook (Revenue - USD Billion, 2019 - 2032)

• Organic
• Conventional

Pig Protein Concentrate, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Pig Protein Concentrate Market Report Scope

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