Animal by-products (ABPs) are defined as entire bodies or parts of animals, products of animal origin or other products obtained from animals which are not intended for human consumption. The research scope of this report covers processed products of animal by-products, such as meat and bone meal, feather meal, blood meal and animal fats.
Due to the COVID-19 pandemic, the global Animal by-product market size is estimated to be worth US$ 26830 million in 2022 and is forecast to a readjusted size of US$ 31110 million by 2028 with a CAGR of 2.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Meat and Bone Meal accounting for % of the Animal by-product global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Animal Feed segment is altered to an % CAGR throughout this forecast period.
The major players in global Animal by-product market include Darling Ingredients, SARIA, Valley Proteins, etc. The top 3 players occupy about 15% shares of the global market. North America and Europe are main markets, they occupy about 55% of the global market. Meat and Bone Meal is the main type, with a share about 60%. Animal Feed is the main application, which holds a share about 40%.
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
- Meat and Bone Meal
- Feather Meal
- Blood Meal
- Animal Fats
Segment by Application
- Animal Feed
- Pet Food
- Darling Ingredients
- Valley Proteins
- Leo Group
- Ridley Corporation
- Fasa Group
- Jg Pears
- Advanced Proteins
- Birmingham Hide & Tallow
- West Coast Reduction
- Boyer Valley Company
- Prodia Sas
Production by Region
- North America
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Mr. Shirish Gupta
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