Feather Meal Market Size

Feather Meal Market Analysis

The Feather Meal Market size is estimated at USD 589.51 million in 2024, and is expected to reach USD 890.52 million by 2029, growing at a CAGR of 8.60% during the forecast period (2024-2029).

• Due to the momentum the costs of feed ingredients have gained in recent years, the global market for feather meal is likely to experience significant growth. Smallholder dairy or livestock grazing is common in developing areas like Asia and Africa. However, these farmers often can't meet their production goals because they can't feed their animals well enough. The high cost of livestock feed is preventing them from providing a good dinner.
• Hence, the potential of using by-products such as feather meal in compound feed can drastically reduce feed costs, making enough feedstocks available globally.
• The growth of feather meal in the agro-based industry around the world is one of the major factors driving the development of the feather meal market. The market is also affected by the rise in demand for feather meal as a protein feed for ruminants and the rise in the amount of land that is used for organic farming.Also, the increase in pollution, the rise in the use of different kinds of biological products, the rise in environmental concerns, and the trend towards organic food products will all be good for the feather meal market in the coming year.
• On the other hand, the lack of clinical evidence about whether or not poultry farm animals can digest feather meal is likely to slow market growth. Also, the high cost of animal feed is expected to be a problem for the feather meal market over the next few years.