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    North America Alternative Protein Market Size for Animal Feed By Product (Insect Protein, Soy protein Concentrate, Soy protein Isolate, Fermented Soy Protein, Duckweed, Single Cell Protein [Grain Protein, Fungal Protein, Algae Protein, Yeast Protein, Others], Hamlet Protein, Others), By Livestock (Poultry [Broiler, Layer, Turkey, Others], Swine [Starter, Grower, Sow], Cattle [Dairy, Calf, Others], Aquaculture [Salmon, Trouts, Shrimps, Carp, Others], Pet food, Equine, Others), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026
    Published Date: May 2021   |   Report ID: GR1802   |   Delivery: PDF  Request Free Sample

    North America Alternative Protein Market Size for Animal Feed surpassed USD 500 million in 2019 and is predicted to register around 5% CAGR between 2020 and 2026.

    North America Alternative Protein Market

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    Alternative proteins are obtained sources such as plants, insect, yeast, and duckweed. These proteins obtained from sources apart from meat and dairy. Alternative proteins for animal feed applications are used for muscle development, improving digestive and immune health, and promoting animal growth.

    Plant based alternative proteins such as soy-based proteins have gained popularity among animal producers owing to their benefits in animal nutrition. Increasing demand for meat has influenced animal producers to emphasize on animal health and overall performance and growth to increase meat production, which has driven the animal feed sector in North America.

    North America Market, By Product

    Soy protein isolate proteins are derived from soybean and contains less fat and cholesterol as compared to their counterparts. Soy protein isolate provides required essential amino acids for animal growth that are not supplied through regular animal feed. Soy protein isolates are used in calf, piglet, and pet foods as these are high source of proteins and essential amino acids. It is also utilized for weight control, metabolic disorder treatment, urinary infections.

    Utilization of soy protein isolates has increased in animal feed industry as these are rich source of amino acids and can help in promoting health of piglets, calf, and pets. Growing demand for pig and cow meat has driven the demand for animal feeds for piglets and calves in North America for enhancing animal health and improving overall animal yield.

    North America Market, By Livestock

    In terms for livestock, the poultry segment dominated the North America alternative protein market for animal feed in 2019. Nutrition is of high importance in poultry feed as it affects digestive health, egg production, yolk development, immune health, and improve overall chicken health. Proteins in poultry feed are essential as these ensure muscle growth and recovery and tissue synthesis.

    Use of protein in poultry feed has increased in recent years owing to rising demand for chicken meet in United States and Canada. Rising number of fast-food outlets and restaurants have also triggered the consumption of chicken in the region, which has influenced poultry farmers to adopt highly nutritional diets that improve overall chicken mass. Farmers are adopting new dietary patterns to provide proper nutrition to chicken, which may accelerate the demand for alternative proteins for poultry feed market.

    Broiler chicken are primarily harvested for meat production. Poultry farmers use dietary nutrients for providing necessary nutrition such as proteins, vitamins, and fibers to enhance broiler production levels and sustain chicken’s health and wellness. Nutrition also helps farmers in increasing chicken weight which also helps in obtaining more meat for catering the growing demand for chicken meat in North America.

    Competitive Industry Landscape

    North America alternative protein market share for animal feed is significantly competitive with major players including DuPont, Archer Daniel Midland Group, Cargill Incorporated, Nordic Soya, Darlington Ingredients, The Scoular Company, Calysta Inc., Ynsect, Imcopa Food Ingredients B.V., Prinova Group, and InnovaFeed.

    Companies are expanding their manufacturing capabilities through partnerships, agreements, and joint ventures. In November 2020, ADM and InnovaFeed collaborated to open insect protein production site, in Decatur, Illinois, United States, which will be owned by InnovaFeed.

    Frequently Asked Question(FAQ) :

    What are different sources of alternative proteins for animal feeding?
    The various sources of alternative proteins for animal feed comprise insects, yeast, plants, and duckweed.
    How will the North America alternative protein market for animal feed grow through 2026?
    North America market share exceeded USD 500 million in 2019 and will expand at a CAGR of 5% from 2020 to 2026.
    Why will North America alternative protein industry for animal feed gain lucrative proceeds from poultry?
    Poultry will record an appreciable share of the market revenue owing to the surging demand for chicken in Canada and the United States.
    What are major players in the North America alternative protein for animal feed landscape?
    Prominent participants in the North America market comprise Cargill Incorporated, InnovaFeed, Darlington Ingredients, DuPont, Archer Daniel Midland Group, Ynsect, and others.

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