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The Asia-Pacific market topped the consumption chart of the global feed fats and proteins market and accounted for around 37.5% of the total share in market value is expected to grow at a CAGR of 5.3%by 2019 Authentic Dan Marino Jersey , with the highest growth projected to be observed in the Asia-Pacific region. In this region, China is projected to be the market leader due to the steady population increase and rapid economic growth. This has encouraged the demand for Feed Fats & Proteins used in animal feed in China.
Download PDF Brochure: > Source: MarketsandMarkets Analysis
The feed fats & proteins market share was dominated by Asia-Pacific in 2013. A strong economic growth and population growth is the key driver of the market in this region especially in China. North America is the second largest market for the market. Europe ranks third, where the increasing meat consumption, food safety concerns, and improving meat prices were important drivers for the growth of the industry in 2013. ROW occupied the least share Authentic Jordan Phillips Jersey , but the consumption is increasing at a greater pace due to the rise in population, transition to nutritious food, increased demand in animal proteins, and so on. There are variations in the type of animal products, but more or less poultry sector dominates the overall demand for animal feed. This overall growth in the meat sector will stimulate the demand for the animal feed fats and proteins.
ADM Archer Daniels Midland Company(U.S.) Authentic DeVante Parker Jersey ,Darling International Inc (U.S.), The Scoular company (U.S.), Omega Protein Corporation (U.S.), RoquetteFreres (France), Aarhuskarlshamn Ab (AAK) (Sweden) Authentic Cordrea Tankersley Jersey , Bunge Ltd. (Bunge) (U.S.), EURODUNA Rohstoffe GmbH (Germany), Lansing Trading Group Llc (U.S.), Agrana Beteiligungs-AG(AGRANA) (Austria), are some of the key players in the feed fats and protein market and their recent development strategies have been studied in detail in this report.
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