Pig Protein Concentrate Market: A Key Player in Livestock Management

Pig Protein Concentrate Market: A Key Player in Livestock Management

Published Date: 31-Jul-2023

What Is Pig Protein Concentrate?

Pig protein concentrate is a multipurpose protein product derived by extracting protein from a specific source, such as plants or animals. It is supplemented with gains to make a range of complete feeds for pigs in multiple life stages. It is formulated to serve a nutritionally balanced diet with necessary nutrients like protein, energy, vitamins, and minerals suitable for growing pigs.

The global pig protein concentrate market was valued at USD 125.38 billion in 2022 and is expected to reach USD 169.73 billion with a CAGR of 3.1% during the forecast period.

Why Is Pig Protein Concentrate More Suitable Than Traditional Cattle Feeds?

Concentrates of pig protein are picked over traditional cattle feeds as they preserve the quality of nutrients required to support pig reproduction. Pig protein concentrates contain ingredients that are easily digestible for pigs. These are more nutrient-dense than traditional cattle feeds because they are rich sources of vitamins, minerals, and other nutrients in a concentrated form. Both types of feeds are formulated to the health of their respective animals. However, it’s important for farmers and animal nutritionists to choose suitable feed for their livestock.

Benefits of Pig Protein Concentrate

  • High digestibility
  • Well-balanced amino acid profile
  • Rich in glutamine, functional for gut development
  • Neutral taste
  • Supports body growth and feed intake
  • Sustainable resource utilization
  • Enhanced animal performance

Why Is the Demand Increasing?

  • Nutrient-rich animal diets: Increasing interest of farmers in nutrient-rich animal diets is fueling the demand for pig proteins. Farmers place a strong emphasis on feeding their cattle a diet that is very rich in nutrients in order to produce meat that is nutritious.
  • Swine meat: Due to the growing demand for swine meat in the food processing sectors, the pig protein concentrate market demand is experiencing high growth in the past few years.
  • Geographical analysis: In terms of geography, Asia-Pacific is anticipated to register significant growth during the predicted period owing to the greater deliveries to global food processors. The rising investments by the leading players in healthy pig farming is boosting the pig protein concentrate market growth in Asia Pacific.

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Recent Advancements in The Industry

  • Key manufacturers are also focusing on creating different pig protein concentrates that match pigs' different nutritional and physiological requirements. In May 2021, Hamlet Protein collaborated with the multinational pig breeding business Danbred to create a new manual for optimal pig feeding.
  • In February 2023, We Are Fresh, a private label brand of MM Mega Market, launched a campaign to cooperate with pig producers and sell fresh, premium meat products at regular pricing. MM Mega Market operates five direct buying platforms in important agricultural regions, including Can Tho for fish, Tien Giang for fruit, Da Lat for vegetables, Dong Nai, and Hanoi for pork.

An Ideal Choice

Pig protein concentrate has revolutionized traditional pig farming. It has become an ideal choice for farmers looking to maximize the production, growth, and health of their livestock. With pig protein concentrate, pig farmers can obtain economic outcomes and secure the welfare of their animals over the course of their lives. Overall, the pig protein concentrate market is likely to play a crucial role in shaping the future of pig farming, livestock management, and the agriculture industry.