High Fiber Feed Market Segmented by Food Fibers, Dietary Fibers, High Fiber Snack Foods, Soluble High Fiber Feed, Insoluble High Fiber Feed, Insoluble Dietary Fibers, High Fibre Biscuits, Whole Grain and High Fiber Food
Industry: Food and Beverages
Published Date: May-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 216
Report ID: PMRREP28030
Persistence Market Research forecasts the global high fiber feed market to grow from US$ 324.7 million in 2023 to US$ 503.4 million in 2033 with a compound annual growth rate (CAGR) of 4.2% from 2023 to 2033.
Attribute | Key Insights |
---|---|
High Fiber Feed Size (2023E) |
US$ 324.7 Million |
Projected Sales of High Fiber Feed (2033F) |
US$ 503.4 Million |
Value CAGR (2023-2033) |
4.2% |
Value Share of Top 4 Countries (2023E) |
38.1% |
The rapidly expanding animal feed industry in last few years along with rising concerns over animal digestive issues has uplifted the sales of high fiber significantly across the globe. During 2018-2022, the high fiber feed market demonstrated the growth rate of 3.3% value CAGR and registered the sales of US$ 265.5 million in 2018.
Fiber is defined as a type of carbohydrate which is digested by rumen microorganisms and includes hemicellulose, cellulose, lignin, etc., as well as other soluble fibers. High fiber feeds content ingredients that are rich in fiber source and take longer to chew as well as keep gut microflora healthy, and support digestion resulting in better wellbeing of animal health.
The type, amount, and quality of fiber in feed can have an impact on the health and productivity of the animals. While protein and energy sources are considered as major ingredients in animal feed thereby, high fiber feed is gaining attention as one of the important components in feed industry. High fiber feed helps to ease digestion as well as strengthen the gut microflora of animals, thus allowing the better absorption of nutrients, resulting in increased productivity and performance in the animals.
Majority of animal farms across the globe are adopting compound feed over normal feed. This is expected to benefit additive manufacturer, since compound feed is developed by mixing various raw materials and additives together. The increasing use of compound feed products fuels high fiber feed ingredients for its beneficial effects. As a result, the demand for high fiber feed is anticipated to grow at 4.2% value CAGR in the forthcoming years across the globe.
“Demand for Meat and Meat Products is Positively Impacting 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. Moreover, 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.
“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. Moreover, there is increase in demand for natural additives in animal feed industry owing to the rising awareness about health-issues caused due to chemical additives. The demand for natural feed ingredients proves to be a positive factor for high fiber feed market as most common sources of fiber include of natural ingredients like wheat middling’s, corn germ, soy hulls, alfalfa meal, etc.
“The Growing Horse Racing Industry and Increasing Demand for Equine Food”
Horse racing is one of popular sport across the world and generates a large amount of revenue. With the flourishing racing industry, there is growth in number of horse and horse stables. Thus increasing the demand for nutritional and high-performance horse food. Horse food with high fiber content is recommended for proper growth as it enhances the performances of horse during race. Therefore, the growing horse racing especially in countries like UK, USA, and UAE offers new lucrative opportunities for manufacturers to produce customized feed products. This key dynamic is likely to benefit the high-fiber feed market and is anticipated to drive sales significantly in the forthcoming years.
“Modern Practices Like Feeding Animals With High Energy And Low Fiber Substitutes”
High protein and low fiber feed are getting popular among livestock farmers. This is getting popular especially in monogastric (an animal with a single-compartmented stomach) feed markets in order to enhance the performance and productivity of the animals. The increasing popularity and use of such products leaves a negative effect in the global high fiber feed market.
Moreover, lower awareness about the use of fiber in feed mixes tends to hinder the high fiber fed market from reaching its full potential. The inappropriate amount as well as the type of fiber used in feed leads to undesirable results, thus leading to misconceptions about the benefits of high fiber feed.
What is sales of high fiber feed in the Indian Market?
“Rapidly Expanding Animal Feed Industry in India Offering Lucrative Growth Opportunities”
The Persistence Market Research predicts the sales of high fiber feed at US$ 8.4 million in 2023 and the market is expected to grow at 5.6% in the impeding years, owing to expanding animal feed industry in India.
What is the consumption outlook of high fiber in the U.S. Market?
“U.S. Consumer Favouring High Fiber Feed Products for Well Being of Pets Profiting Market Growth”
The compound annual growth rate of high fiber feed market in the U.S. is projected at 3.0% during 2023-2033, attributing to the growing pet food industry and consumers favoring high fibre feed products for the well-being of the pets. Therefore, through moderate growth rate, the market is likely to incur sales of US$ 134.2 million by end of 2033.
Why insoluble high fiber feed is gaining traction in the global market?
“Strong Demand for Insoluble Fiber Feed in the Global Market”
During the forecast period, the revenue incurred by the insoluble high fiber feed is valued at US$ 137.4 million in 2023 and is gaining high demand than soluble high fiber feed, since the soluble feed is easy to use and renders a cost-effective solution for animal feed manufacturers.
Which livestock holds the highest value share in the global high fiber feed market?
“Highly Nutritional Feed Products Required by the Equines Strengthening Market Growth”
By livestock segment, the global high fiber feed market is bifurcated into ruminants, poultry, equines, swine, aquatic animals, pets, and others. The equines is analyzed to dominate the high fiber feed market with a market value share of 24.7% and is expected to grow by 2.8% value CAGR in the forthcoming years. Equines resembles horse that requires high fiber feed, especially during enduring race due to which demand for high fiber feed is bolstering across the globe.
Players aims to develop and supply animal nutrition and feed ingredient solutions for feed manufacturers, retailers and livestock producers and other agricultural commodities through quality products. Furthermore, manufacturers are offering innovative feeds that provide energy as well as digestible nutrients to animals.
Producers in high fiber feed space are focusing on bulk production and for that companies are expanding their products capacity, installing advance technology and equipment’s to meet the global demand. In addition, the burgeoning demand for high fiber feed has led the regional players to export the products at international level, which is positively affecting market sales.
Moreover, manufacturers are focusing on harnessing innovative research and development technologies and developing scientifically proven, natural feed products that are nutritional as well as aid the digestibility of animals.
Attribute | Details |
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Forecast period |
2023-2033 |
Historical data available for |
2018-2022 |
Market analysis |
USD million for value |
Key regions covered |
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Key countries covered |
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Key market segments covered |
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Key companies profiled |
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Report coverage |
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Customization & pricing |
Available upon request |
By Livestock:
By Source Ingredient:
By Type of Fiber:
By Region:
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The global market for high fiber feed has a value of US$ 324.7 Million 2023.
The global market for high fiber feed has a value CAGR of 3.3% from 2018-2022.
The global market for high fiber feed has a value of US$ 503.4 million in 2033.
The global market for high fiber feed has a value CAGR of 4.2% from 2023-2033.
Companies such as Archer-Daniels Midland Co., Cargill, Inc, Roquette Frères and others are some of the major players operating in the global high fiber feed market.