The Global Cottonseed Meal Market size is expected to be valued at US$ 3,500.0 million in 2024 and is poised to witness impressive growth during the forecast period. The market is projected to expand at a CAGR of 5.6%, reaching a value of US$ 6,055.0 million by 2034.
With growing population, demand for eggs, meat, and dairy products increases, which propels the demand for good quality animal feed. Cottonseed meal is the perfect option to fulfill this requirement by providing a protein-rich and cost-effective option that helps to meet the nutritional requirements of livestock and poultry.
Cottonseed meal is a rich source of phosphorus, slow-release nitrogen, and several trace elements, making it an ideal ingredient for organic fertilizer. With a protein-rich source, cottonseed meal offers an alternative to soybean meal. Cottonseed meal is extensively used as a feed for cattle and poultry.
With growing population and cotton seed production in East and South Asia, specifically China and India, the market is expected to rise rapidly. In Asia Pacific, increasing livestock and organic farming also serve as growth opportunities for the cottonseed meal market.
The cottonseed meal market is expected to rise significantly during the forecast period due to high production and availability of cottonseed. Increasing demand from livestock and agriculture for good quality feed ingredients & organic fertilizers is set to further escalate market growth.
Key Takeaways from the Report-
- The cottonseed meal market is expected to reach a valuation of US$ 6,055.0 million by 2034.
- The market is projected to rise at a CAGR of 5.6% over the forecast period.
- Feed is the most popular end-use application and is expected to hold a market share of 68.0% in 2024.
- India is projected to surge at a CAGR of 5.0% from 2024 to 2034.
- Australia is expected to expand at a CAGR of 6.5% during the forecast period.
“The global cottonseed meal market is expected to surge steadily during the forecast period due to its applications in animal feed and organic fertilizers. Factors such as increased demand for protein-rich animal feed and high preference for organic fertilizers drive growth. North America and Asia Pacific are key regions contributing to the market’s expansion,” says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).
Competitive Landscape
Following are a handful of leading players operating in the market.
- N.K.Proteins
- Planters Cotton Oil Mill
- T T Limited
- Louis Dreyfus Company
- Cargill, Inc.
- Stillwater Milling Company
- Oilseeds Australia
- Shree Ram Proteins
- The Scoular Company
The cottonseed meal market is characterized by several suppliers operating across regions, contributing to its high fragmentation. Key players are directing toward mergers, acquisitions, product launches and development to expand their market reach.
andscape, Growth Factors, Trends, and Pricing Analysis.
For instance,
- In 2019, cottonseed with gossypol and edible ultra-low gossypol cottonseed passed the United States Food and Drug Administration (FDA) deregulation criteria and was turned into a foodstuff worldwide.
- In 2019, Kerala Feeds Limited (KFL) launched a nutrient-rich feed specifically developed for layer chicken.
Get More Valuable Insights
Future Market Insights (FMI) brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2019 to 2034. The global cottonseed meal market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
The study provides compelling insights into based cottonseed meal market segment based on product type (primary meal, secondary meal and others), nature (organic and conventional), end-use industry (feed and fertilizer) and region
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