India Malt Extracts In Animal Feed Market (2025-2031) Outlook | Value, Industry, Share, Size, Trends, Analysis, Growth, Companies, Revenue & Forecast
Market Forecast By Source (Barley, Wheat, Rice, Rye, Others), By Grade (Standard, Specialty), By Type (Liquid, Dry), By Application (Beverages, Bakery, Confectionary, Pharmaceuticals, Animal Feed) And Competitive Landscape
| Product Code: ETC382944 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India Malt Extracts In Animal Feed Market Import Shipment Trend (2020-2024)
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 In Animal Feed Market Synopsis
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.
Market Drivers of the 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.
Challenges 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.
Covid-19 Impact on 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.
Key Players of the 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.
Key Highlights of the Report:
- India Malt Extracts In Animal Feed Market Outlook
- Market Size of India Malt Extracts In Animal Feed Market, 2024
- Forecast of India Malt Extracts In Animal Feed Market, 2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Revenues & Volume for the Period 2021-2031
- India Malt Extracts In Animal Feed Market Trend Evolution
- India Malt Extracts In Animal Feed Market Drivers and Challenges
- India Malt Extracts In Animal Feed Price Trends
- India Malt Extracts In Animal Feed Porter's Five Forces
- India Malt Extracts In Animal Feed Industry Life Cycle
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Source for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Barley for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Wheat for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Rice for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Rye for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Grade for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Standard for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Specialty for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Liquid for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Dry for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Beverages for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Bakery for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Confectionary for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
- Historical Data and Forecast of India Malt Extracts In Animal Feed Market Revenues & Volume By Animal Feed for the Period 2021-2031
- India Malt Extracts In Animal Feed Import Export Trade Statistics
- Market Opportunity Assessment By Source
- Market Opportunity Assessment By Grade
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- India Malt Extracts In Animal Feed Top Companies Market Share
- India Malt Extracts In Animal Feed Competitive Benchmarking By Technical and Operational Parameters
- India Malt Extracts In Animal Feed Company Profiles
- India Malt Extracts In Animal Feed Key Strategic Recommendations
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