High Fiber Feed Market: Introduction
Fiber can be defined as a type of carbohydrate that is not easily digested by the mammalian enzymes, but can potentially be digested by rumen microorganisms. Fibers include hemicellulose, cellulose, and lignin as well as other soluble fibers. The type, amount, and quality of fiber in feed can have an impact of the health and productivity of the animals.
While protein and energy sources are considered as major ingredients in animal feed, fiber is gaining attention as one of the important components in feed. High fiber feed helps ease digestion as well as strengthen the gut microflora of animals, thus allowing the better absorption of nutrients, resulting in increased productivity and performance by the animals.
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- Archer Daniels Midland Company
- Triple Crown Nutrition Inc.
- The Pure Feed Company Limited
- Gulshan Polyols Ltd
- Dengie Crops Ltd
- Muenster Milling Company
- Manna Pro Products LLC
- Roquette Frères
- Ricegrowers Ltd
- Alltech Inc.
- Colorado Mills
- Mars Horsecare UK Limited
High Fiber Feed Market: Insights and Outlook
By type of fiber, soluble as well as insoluble fibers will find wide consumption in feed mixes for multiple applications as well as for obtaining enhanced results. However, with recent researches and the growing demand for customized feed, the demand for soluble as well as insoluble fiber in the high fiber feed market is expected to increase rapidly.
The expanding horse racing industry and increasing demand for equine food are major factors for the large market value share of the equines segment. The increasing demand from the ruminant feed industry, with the growing importance of high fiber in ruminant feed, attributes to the growth shown by the ruminants segment in the high fiber feed market. The flourishing pet feed industry and increasing attention of owners towards the well-being of their pets attribute to the growth in the demand for high fiber feed from the pet industry.
The lower costs and easy availability of high fiber sources such as wheat bran and corn meal are credited to the growing demand for wheat and corn as an ingredient source for high fiber feed. Increasing awareness about the importance of soluble fiber in animal feed as well as the demand for compound feed explains the growth of other sources such as oatmeal, alfalfa meal, etc., in the global high fiber feed market.
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Increased Attention towards Animal Well-being and Healthcare Boosting the High Fiber Feed Market
There has been a constant increase in the number of people that are more concerned about animal welfare, especially when it relates to food. There’s a growing belief that raising animals in healthier conditions has a number of valuable benefits, such as improved food safety, better nutrition, and enhanced flavor.
High fiber feed improves gut health, thus, keeps the livestock healthy and fit. More livestock farmers are opting for animal nutrition products such as high fiber feed to maximize feed conversion and increase productivity.
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Demand for Meat and Meat Products in Every Region is Having a Positive Impact on the Growth of the High Fiber Feed Market
There has been a direct relation between per capita meat consumption and per capita GDP. Thus, with the increasing per-capita GDP of various developed and developing countries, there has been a rise in meat consumption across the globe.
To satiate the demand for high-quality meat products in the market, animal husbandries are opting for nutritional solutions such as high fiber feed to maximize their output. With the growing penetration of the Internet, there has been a rise in awareness among livestock farmers about the use of high fiber feed and increased productivity of animals.
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Increased Awareness in the Agricultural Community
Due to fluctuating income from agriculture as well as climatic changes, many farmers tend to turn to animal husbandry as an additional income. With the growing awareness from various sources, these farmers tend to opt for beneficial animal nutrition sources such as high fiber feed. This is proving to be a positive factor for the global high fiber feed market.
Global High Fiber Feed Market: Regional Outlook
The global high fiber feed market has been segmented on the basis of regions such as North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The North American region currently dominates the global high fiber feed market, with the US and Canada being the leading horse feed producers. The North American region in the high fiber feed market is expected to show growth at a relatively lower CAGR, being a mature market.
The high fiber feed market in MEA is expected to grow at a rapid pace, as it is the fastest growing region in the animal feed sector. The high fiber feed market in the APAC region is expected to grow at a significant rate, owing to the growing ruminant population and demand for animal feed. The high fiber feed market in Latin America is expected to grow at a significant CAGR, owing to the growing demand for high fiber feed, especially from Brazil.
High Fiber Feed Market: Segmentation
The subsequent sections analyze the global high fiber feed market on the basis of livestock, source ingredient, type of fiber, and region, and presents a forecast for the period 2018–2027. The market is segmented as follows:
|by Source Ingredient||
|by Type of Fiber||