Berry Extracts for Feed Global Market Report 2024

The berry extracts for feed market size have grown strongly in recent years. It will grow from $6.06 billion in 2023 to $6.47 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increasing feed quality and nutritional value, industry focus on animal health and productivity, exploration of natural feed ingredients, shift towards sustainable farming practices, market emphasis on functional feed additives.

The berry extracts for feed market size are expected to see strong growth in the next few years. It will grow to $8.53 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to expansion in livestock and poultry industries, research advancements in animal nutrition, consumer preference for natural and functional feed additives, regulatory support for nutritional supplements, focus on animal welfare and performance optimization. Major trends in the forecast period include market shift towards natural feed additives, health and nutritional benefits, antioxidant-rich supplements, natural alternatives to synthetic additives, performance enhancement in livestock.

The rising preference for animal-based protein is anticipated to drive the expansion of the market for berry extracts used in feed. Animal protein, derived from sources such as meat, poultry, fish, eggs, and dairy, is valued for its complete amino acid profile. Berry extracts, such as blueberries, contribute activated protein kinase (APK), an enzyme aiding in the processing of animal proteins in both animals and humans. OECD and FAO forecasts suggest a surge in global fish consumption by 2031 compared to 2021. In the UK, data from 2021 indicated substantial daily protein consumption among adults, with a notable portion sourced from animal proteins such as meat, chicken, and turkey, indicating a growing preference for this protein source.

The anticipated growth in livestock production is set to propel the market for berry extracts used in animal feed. Livestock production involves raising animals for various products such as meat, milk, and eggs. Berry extracts serve as additives in livestock feed, offering nutritional and health benefits such as immune system support and improved digestion. Reports from GOV.UK highlighted significant growth in the UK's livestock output in 2022 compared to the previous year, signaling a trend in increased demand for products supporting livestock health and nutrition, including berry extracts for feed.

A notable trend in the berry extract market revolves around product innovation. Companies are actively introducing novel products to maintain market competitiveness. Solid Gold, a US-based pet food company, introduced Supplements Solid Gold Leaps & Hounds and Solid Gold Grass Guardian in March 2023. These supplements cater to dogs of various ages and needs, emphasizing ingredients such as glucosamine, turmeric, and cranberry to address specific health concerns, such as maintaining ideal bladder health and supporting digestion.

Innovative products, especially prebiotic berry ingredients, are a focal point for major companies in the berry extract market. These ingredients cater to diverse applications such as food, beverages, and consumer health products. Asiros Nordic A/S, a Denmark-based ingredient company, launched prebiotic berry ingredients in the U.S. market in November 2023. These ingredients are solvent-free, standardized for safety and efficacy, and notably free of maltodextrin, offering a healthier alternative for dietary supplements and various consumable formats.

In July 2021, Kerry Group, an Irish food and nutrition firm, completed the acquisition of Biosearch Life for an undisclosed sum. This strategic move bolsters KerryProActive Health's array of ingredients, integrating novel branded technologies and diversifying its product portfolio. The addition of Biosearch Life's cutting-edge technologies enhances their ability to cater to evolving health demands, fortifying their reputation as a leader in science-backed active ingredients. This aligns with their vision of pioneering sustainable nutrition solutions while positioning Kerry Group as a prominent player in addressing the emerging health needs across various sectors including pharmaceuticals, nutraceuticals, and food industries.

Major companies operating in the berry extracts for feed market report are Nutrition N.V., Kemin Industries Inc., Biomin Holding GmbH, Impextraco NV, Merck Animal Health, Novus International Inc., Alltech Inc., Archer-Daniels-Midland Company, Nutra Green Biotechnology Co. Ltd., FutureCeuticals Inc., Bio-Botanica Inc., Berrico Food Company B.V., Mazza Innovation Ltd., Carrubba Inc., Shaanxi Guanjie Bio-Technology Co. Ltd., Perstorp Holding AB, E. I. du Pont de Nemours and Company, BASF SE, Cargill Incorporated, Kalsec Inc., Martin Bauer GmbH & Co. KG, Naturex S.A., Nexira SAS, Kerry Group plc, Fytexia SAS, PT Phytochemindo Reksa, Sabinsa Corporation, Frutarom Industries Ltd., Batory Foods Inc., Indena S.p.A.

Asia-Pacific was the largest region in the berry extracts for feed market in 2023. The regions covered in the berry extracts for feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the berry extracts for feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

This extract typically comes in liquid, powder, and pill forms. The liquid form is characterized by its free-flowing nature, conforming to the shape of its container. These extracts are offered in both natural and synthetic variations and find applications across diverse industries including pharmaceuticals, food and beverages, as well as nutraceuticals.

The berry extract for feeds market research report provides berry extract for feeds market statistics, including berry extract for feeds industry global market size, regional shares, competitors with a berry extract for feeds market share, detailed berry extract for feeds market segments, market trends, and opportunities, and any further data you may need to thrive in the berry extract for feeds industry. This berry extract market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The berry extracts for feed market consists of sales of products such as herbal extracts and probiotics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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