| Product Code: ETC382944 | Publication Date: Aug 2022 | Product Type: Market Research Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India malt extracts in animal feed market import shipments demonstrated a steady growth trajectory with a CAGR of 3.7% from 2020 to 2024. However, the market experienced a significant decline in growth rate between 2023 and 2024, indicating a temporary slowdown. Overall, the market expanded gradually with a recent deceleration in growth momentum.
India malt extracts market for animal feed was valued at USD 468.4 million and is projected to reach USD 626.7 million, registering a CAGR of 5.7%. The growing demand for healthy and nutritious livestock feed products, as well as increased consumption of meat products, are major factors driving the growth of this market during the forecast period. Factors such as rising awareness among farmers about benefits associated with using malt extract-based feed products, increase in production and export of livestock-related food items from India, and rapid urbanization leading to increased consumer spending on pet animals are also contributing significantly towards the growth of this market.
In the India malt extracts in animal feed market, the main drivers are the growing livestock and poultry sectors and the increasing awareness of the nutritional benefits of malt extracts. Malt extracts are used as a valuable ingredient in animal feed, promoting growth, and enhancing the overall health of livestock and poultry. As the demand for high-quality meat and dairy products rises, the requirement for nutritious animal feed has driven the growth of the market.
The India malt extracts in animal feed market encounters challenges related to limited awareness among farmers and feed manufacturers about the benefits of malt extracts in animal nutrition. Education and promotion efforts become essential to expand the market.
The malt extracts in animal feed market experienced a decline in demand as the livestock industry faced challenges during the pandemic. Disruptions in the supply chain, increased input costs, and reduced meat consumption affected the demand for animal feed, impacting the malt extracts market.
As the livestock industry seeks improved nutrition sources, the India malt extracts in animal feed market has grown, with key players such as National Agro Industries, Kothari Fermentation and Biochem Ltd., Gujarat Ambuja Exports Ltd., and Imperial Malts Ltd.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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