Pig Protein Concentrate Market

Pig Protein Concentrate Market outlook (2022-2032)

The growth in demand for pig protein is attributed to the rising shift towards nutritious feeds for animals by farmers. To offer nutrition-dense meat in the market, farmers are focusing on feeding their livestock with a highly nutritious diet. As pigs are omnivorous in nature, they require the intake of plant-based and fish products for their balanced diet. Manufacturers are focused on producing pig protein concentrate that caters to the essential diet of piglets, weaners, porkers, baconers, sows, gilts, and boars.

The properly balanced pig protein concentrate not only promotes the growth of muscles but also enhances fertility in pigs. The pig is protected from any disorders including erysipelas and intestinal torsions. Owing to these benefits pig proteins are likely to gain a high market share in the forecast period.

Pig protein concentrates are preferred over regular animal feeds due to their efficiency in keeping the consistent quality of nutrients required to promote fertility in pigs. Pork when supplemented with grains in the pig diet as per the required quantity. The pig protein market is valued at USD 126.58 Billion in 2022. Moreover, this market is anticipated to grow with a CAGR of 3.20% in the forecast period. The pork market is set to surpass the valuation of USD 148.17 Billion by end of 2032.

Pig protein concentrate is supplemented with gains in the diet of pigs in varying quantities based on their requirements for growing, lactating, and breeding. Pigs are being farmed along with other poultry to enhance the income of farmers. With increasing food processing industries across the world, pork production and distribution have also been increasing over the years, which is anticipated to lead to the positive growth of the global pig protein concentrate market.

Report Attributes	Details
Market size (2022 A)	USD 126.58 Billion
Base Year for Estimation	2022
Forecast duration for this research	2022-2032
Forecasted Market value (2032 F)	USD 148.17 Billion
Global Market Growth rate (2022-2032 E)	CAGR of 3.20%
Key Companies Profiled	CopRice, Verm-X Badminton Feeds Allen & Page, Target Feeds Ltd Nutrena Animal Feeds

What are the drivers of the pig protein Market?

Pig protein concentrate has a global demand among all farmers. Pigs are not only farmed for meat but are also involved in wider industrial applications. Farmers rely on pig protein concentrate for the efficient post-processing of pig products. The collagens obtained from pigs are being used as gelatine and face masks due to the high protein content present in them. The fatty acids obtained from pigs are often used as a fabric softener, as they provide color. The proteins obtained from the hair follicles of pigs are used to soften the dough in bakeries.

More applications-oriented with pig products in industries in recent years have been driving the demand for pig protein concentrates. A proper diet of pig protein concentrate not only promotes increased muscle growth, and higher fertility, and keeps the pig hydrated, but also prevents disorders such as intestinal torsion and erysipelas.

As pig protein concentrates are being fed to pigs with usual grains and vegetables, a balanced diet can be ensured for the growth and development of the pigs. Since the demand for the highest consumed meat (pork) is increasing, the breeding and farming activities of pigs are increasing in recent years, which is anticipated to drive the global pig protein concentrate market in terms of value and volume.

Exhibit 1 Protein Requirements of Pigs

PURPOSE	% PROTEIN REQUIREMENT
Growing Piglets	16-18
Regular Maintenance	14-16
Breeding	16-18
Lactating	14-16

What are the opportunities for manufacturers in the Pig protein market?

Due to the increased demand for pork meat in the food processing industries, there is a growing demand generated for pig protein concentrate in the past decade. As more farmers and poultry managers have been initiating pig farming in recent years, there is expected to be a greater opportunity and assured higher returns for investors in the pig protein concentrate market.

Prominent manufacturers are also focusing on developing a range of pig protein concentrates that align with the various health requirements and nutritional values of pigs. Since pig protein concentrate includes a variety of cereals, fish meat, and rich sources of amino acids, it can be traded at high rates than regular pig feeds, which allows high returns.

Segment wise insights

The pallet form of pig protein is effective in treating problems like diarrhea. The major reason for diarrhea in pigs is in the feed itself. Most of the time it’s because feed can’t be milked. The pallets proved to be effective in diarrhea as it is due to the low-grade conventional suckling feed option which is not matured. The preference for pig pellet feed is majorly due to its benefit of being more economical than powder form. The pallets are estimated to grow with the fastest CAGR in the forecast duration.

There is still scope for research on the effects of completely organic feed on pigs. This segment is likely to gain growth in the forecast period. Conventional feed options are dominant right now in the markets. plant-based pig protein sources like soybean meal, sunflower, and field peas are expected to gain a major share in the forecast period.

Regional Outlook

Pig protein concentrate is predominantly produced and processed in Asia Pacific, especially in Japan and China, due to higher exports to food processors across the world. In the region of North America, pig protein concentrate is highly utilized due to expanding livestock in recent years. Pig protein concentrates are consumed in high ratios in Latin America and Europe due to diverse poultry practices.

In the Middle East and Africa, pig protein concentrate is consumed at moderate rates, due to growing awareness of the nutritional needs of poultry. It can be implicated that, the global pig protein concentrate market is expanding globally with minimal restraints.

Global Pig Protein Concentrate: Market Segmentation

• By Form :

  • Pellets
  • Powder

• By Nature:

  • Organic
  • Conventional

• By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • Middle East and Africa