Gluten Feed Market Trends

Increasing pressure on the livestock industry has intensified in the recent years, to meet the growing demand for meat and high-value animal protein. Population growth, rising incomes in developing nations, and urbanization has led to a surge in the global livestock consumption. The level of income and consumption of animal protein have been found to be directly correlated to the consumption of milk, meat, and eggs, which is increasing at the expense of staple foods. Due to the decline in prices of meat and meat products, developing countries are beginning to consume large quantities of meat, at much lower levels of gross domestic product than industrialized countries. Urbanization has led to higher demand for meat and milk products in cities compared to the rural areas, resulting in the rising per capita consumption from 42.13 kg in 2010 to 43.53 kg in 2014. Increasing life expectancy and limited availability of land and water resources for animal feed production coupled with the robust demand for animal-based protein sources is driving the market for global gluten feed.