The European Gluten Feed Market is expected to grow at a CAGR of 5.57% and reach USD 0.39 billion in 2021 from USD 0.30 billion in 2016
The Gluten Feed market is expected to show immense potential in the mentioned forecasting period. The market continues to grow, with the rise in protein demand in the feed for animals.
Gluten feed is generally popular among producers that are close to processing plants, to make transportation cost effective.Gluten is a composition of storage proteins namely prolamins and glutelin, usually found in wheat and other related grains like rye, barley, corn. Gluten is usually added to feeds for pet to enhance the protein content in them, and hence maintain animal health.
Gluten feed has recently shown up as a potential substitute for fish meal in aquaculture feed, as a result, the market has shown significant growth.
Other major factors responsible for driving the Gluten Feed market include, corn gluten feed being used as a cost-effective substitute for the expensive grain based feed and strong demand for gluten feed in developing countries. Apart from the drivers, the market has also faced some restraints and challenges.
Some of them include sensitivity to gluten, change in regulations for feed safety in European Union regarding Gm organisms in gluten feed imports, availability of alternatives to local feed and sulfur toxicity which is a rising concern for feed manufacturers.
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The Europe Gluten Feed market is segmented based on source as well as livestock. Under livestock segmentation the market is divided into cattle, poultry, swine, aquaculture and others.
On the basis of source the market segmentation is done into barley, wheat, rye, corn and other. The market for gluten feed in source segmentation is led by wheat and based on livestock segmentation poultry accounted for the highest market share because of rising awareness among farmers regarding poultry and adoption of intensive farming techniques.
On the basis of geographical analysis, the Europe market is segmented under various regions namely U.K, Germany, Spain, Italy and France.
Some of the major companies dominating the market, by their products and services include Ingredion Incorporated, Commodity Specialists Company, The Roquette Group, Cargill Incorporated, Archer Daniels Midland Company, Tate & Lyle Plc, Grain Processing Corporation, Bunge Ltd., Agrana Group, Tereos Syral
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