Gluten Feed Market Size and Forecasts, by Livestock, 2016 to 2021
Asia Pacific Gluten Feed Market has been estimated at USD 0.22 Billion in 2016 and is projected to reach USD 0.29 Billion by 2021, at a CAGR of 5.82%
(EMAILWIRE.COM, January 03, 2018 ) Gluten Feed Market is showcasing evident potential in the mentioned period. The market continues to gain momentum, with the increase in protein demand in the animal feed. Gluten feed is especially popular with producers who are close to processing plants to make transportation cost effective.Gluten is a mixture of storage proteins namely prolamins and glutelin, generally found in wheat and other grains like barley, corn, rye etc. Gluten is added to pet feeds in order to enhance the content of protein, so as to maintain animal health.
Gluten feed has lately originated as a potential substitute for fish meal in aquaculture feed, leading to a significant growth in the market. Other important factors driving the market for Gluten Feed include, corn gluten feed being used as a cost-effective substitute for the expensive grain based feed and strong demand for gluten feed in developing countries. Apart from these, the market also faces some challenges and restraints. Some of these are availability of alternatives to local feed, sensitivity to gluten, changes in feed safety regulations in European Union regarding Gm organisms in gluten feed imports and sulfur toxicity which has been a rising concern for feed manufacturers.
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The Asia-Pacific Gluten Feed market is classified on the basis of livestock and source. Under livestock the market is segmented into cattle, poultry, swine, aquaculture and other. Based on source the market segmentation is done into corn, barley, wheat, rye and other. The market for gluten feed based on source segmentation is led by wheat and in livestock segmentation poultry accounted for the highest market share due to rising farmers awareness related to poultry and intensive farming techniques being adopted. On the basis of geographical analysis, the Asia-Pacific market is segmented under various regions namely China, India, Japan, Australia and South Korea.
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Some of the major companies dominating the market, by their products and services include Ingredion Incorporated, Archer Daniels Midland Company, Commodity Specialists Company, Cargill Incorporated, The Roquette Group, Tate & Lyle Plc, Grain Processing Corporation, Bunge Ltd., Agrana Group, Tereos Syral.
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Gluten feed has lately originated as a potential substitute for fish meal in aquaculture feed, leading to a significant growth in the market. Other important factors driving the market for Gluten Feed include, corn gluten feed being used as a cost-effective substitute for the expensive grain based feed and strong demand for gluten feed in developing countries. Apart from these, the market also faces some challenges and restraints. Some of these are availability of alternatives to local feed, sensitivity to gluten, changes in feed safety regulations in European Union regarding Gm organisms in gluten feed imports and sulfur toxicity which has been a rising concern for feed manufacturers.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/asia-pacific-gluten-feed-market-1916/request-sample
The Asia-Pacific Gluten Feed market is classified on the basis of livestock and source. Under livestock the market is segmented into cattle, poultry, swine, aquaculture and other. Based on source the market segmentation is done into corn, barley, wheat, rye and other. The market for gluten feed based on source segmentation is led by wheat and in livestock segmentation poultry accounted for the highest market share due to rising farmers awareness related to poultry and intensive farming techniques being adopted. On the basis of geographical analysis, the Asia-Pacific market is segmented under various regions namely China, India, Japan, Australia and South Korea.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/asia-pacific-gluten-feed-market-1916/inquire
Some of the major companies dominating the market, by their products and services include Ingredion Incorporated, Archer Daniels Midland Company, Commodity Specialists Company, Cargill Incorporated, The Roquette Group, Tate & Lyle Plc, Grain Processing Corporation, Bunge Ltd., Agrana Group, Tereos Syral.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results