PUBLISHER: DataM Intelligence | PRODUCT CODE: 1401343
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1401343
Overview
Global Rumen Bypass Fat Market reached US$ 90.12 million in 2022 and is expected to reach US$ 119.68 billion by 2030, growing with a CAGR of 3.61% during the forecast period 2023-2030.
The global rumen bypass fat market has witnessed significant growth and transformations over the years. Farmers are adopting these dietary supplements as they provide a concentrated source of energy and essential fatty acids, which helps in increasing milk production, hence, such factors can help in driving the market growth.
Furthermore, many companies are highly investing in producing innovative products. For instance, AAK AB company produces AkoFeed Gigant, which is a line of by-pass fats. This product supplies a concentrated source of energy and is specifically recommended in diets for high-yielding dairy cows with a high demand for energy. Hence, such products can help in increasing the market growth.
The dry form of rumen bypass fats accounts maximum share in the global market, similarly, North America captures the largest market share, as the region has a high population rate, according to a USDA report, in 2020 there were around 28.9 million beef cows present in the U.S, The U.S remains the largest consumer of rumen bypass fats.
Dynamics
Presence of High Population Rates
The cow population rates are high. For instance, according to the US Department of Agriculture report of 2023, the total number of cows worldwide is over 1.5 Billion. In India, it is estimated to be 307.5 Million of cow population. In China, there are a total of 101.5 million cows present. Hence, such high population rates can help in increasing the market growth.
Furthermore, as the population rates are higher, the demand for these dietary supplements in animal feed is increasing among the poultry and dairy industries, as they are formulated to provide a dense source of calcium, which helps in increasing milk production, also they can help in maintaining the weight and overall health. Hence, such factors can help in increasing the market growth.
Raising Demand for Concentrated Animal Feed
The farmers are highly seeking high-concentrated feeds for ruminants which increases the demand for rumen bypass fats, as they provide sufficient amounts of energy and nutrients, and also help in improving the feed efficiency, which helps in increasing milk and meat production in dairy cows and beef cattle. Hence, such factors can help in increasing the adoption rates.
Furthermore, many companies are producing high-quality products in order to expand their market sizes. For instance, Novus International, Inc., the company produces MetiPEARL, which is an effective source of rumen bypass and intestinally available methionine for use in the diet of dairy cattle and other ruminant animals. It balances methionine using a rumen-protected form can help optimize production and allows for greater flexibility when formulating rations. Hence, such products can help in increasing the market growth.
High Production Cost
The high production cost can significantly affect the growth of the global rumen by-pass fat market, They often require specialized processes to protect the fatty acids from degradation, also proper packaging is required to maintain the quality of the product, this could impact the final cost of the product, which can decline the market growth.
The global rumen bypass fat market is segmented based on type, form, distribution channel, application, and region.
Increase in Demand for Effective Nutrition
The dry rumen-by-pass fats segment holds the maximum share in the global rumen-by-pass fat market. These Dry rumen bypass feeds are designed to release nutrients, such as protein or fat, in the small intestine of the ruminant animal. This helps in enhancing the overall nutrient utilization by ruminant animals, which increases milk and meat productivity. Hence, such factors can help in increasing the market growth.
Furthermore, as the demand for these products is increasing, many manufacturing companies are producing high-quality products in order to expand their market sizes. For instance, Volac Wilmar Feed Ingredients Ltd company produces Mega-pro, it contains an ideal balance of lysine and methionine amino acids for milk protein production and the energy and protein supplied in the recommended balance for maximum milk production. Hence, such products can help in increasing the market growth.
High Population and Production Rates in North America
North-America region remains the dominant force in the global rumen-by-pass fats market. Poultry and dairy industries are highly adopting these in animal diets as the population and production rates are increasing, these rumen bypass fats are formulated to provide a concentrated energy source and nutrients, which helps in increasing meat and milk production. Hence, such factors can help in increasing the market growth.
Furthermore, the presence of high population rates. For instance, according to the USDA report of 2023, in 2023, there are a total of 89.3 million cows and heifers, of which around 38.3 million of calved, 28.9 million beef cows, and 9.40 million milk cows in the United States. Hence. Such high population rates can help in increasing market growth.
Additionally, the consumers in this region are highly consuming the meat products in their regular diets, which increases the production rates. For instance, according to a USDA report, the total value of cattle and calf production is 51.9 billion U. S$ in 2021, which increase to 61.9 billion U. S$ in 2022. Hence, it can help in increasing the market growth.
The major global players in the market include AAK AB, Kemin Industries, Inc., Prathista Industries Limited, Novus International, Inc., Volac Wilmar Feed Ingredients Limited, Musim Mas, Nutracor AG / Wawasan Agrolipids, Influx Holding Sdn. Bhd., Pioneerfeed Bioscience Sdn Bhd, and Arm & Hammer Animal and Food Production.
The pandemic led to disruptions in supply chains, affecting the production and distribution of various agricultural and animal nutrition products, including rumen bypass fats. Also, the government have imposed some lockdown restriction which had led to closure of manufacturing companies, this had shown a negative impact on global rumen bypass fat market.
By Form
The global Rumen Bypass Fat market report would provide approximately 69 tables, 72 figures and 216 Pages.
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