Feed Grade Oils Market: Overview
The feed grade oils are also available from the blends of the animal and vegetable oils. Previously, the feed grade oils were used mainly in the diets of the swine and poultry. However, now the feed grade oils are being used to add the energy content in form of starch in the diets of the ruminant. The feed grade oils minimize the bloat incidence and help in providing energy to the animals. When the cost of grains increases the feed grade oils are used as an alternative for increasing the energy content in the animal diet.
Feed Grade Oils Market: Facts
The common term fish oil is used for referring two kinds of omega-3 fatty acids one is docosahexaenoic acid and the other one being eicosapentaenoic acid. These omega-3 fats are obtained from the fish, phytoplankton, and animal products. Fish oil is the cheapest source of these omega-3 fats and thus is being used widely as feed grade oil.
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Feed Grade Oils Market: Segmentation
The market for the feed grade oils is fragmented into its application and product types. Based on the application, the global market is segregated into ruminants, swine, and poultry. Based on the product types, the market is categorized into vitamin E, palm oil, fish oil, vitamin D, soybean, canola oil, and others.
Feed Grade Oils Market: Growth Factors
The demand for the food grade oils is increasing owing to the enhanced nutritional content and for being an economical energy alternative. The feed grade oil helps to cover the dust that arises from the feed granular component. This helps in minimizing the respiratory problems in the animals as the feed particles are bind together. In the feed ration, approximately one percent of the feed grade oil is used. Thus, the demand for the feed grade oil is growing in the feed industry. It is also used as a dispersing agent and it also minimizes the bloat incidence. Other benefits of the feed grade oils are they improve the health conditions of the animal, improve their palatability, and prevent the wear of the machinery. The factors that will restrain the growth of the market include feed grade oils should be added in an appropriate amount as it may lead to the digestive disturbance and it is also prone to oxidation which may cause rancidity.
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Feed Grade Oils Market: Regional Analysis
The North American region holds the maximum market share for the feed grade oils which is followed by the Western European region. Some type of feed grade products such as palm oil and fish oil robustly contribute to the growth of the feed grade oil market in the European region. There is a wide range of opportunities for the feed grade oil market in Asia Pacific region owing to the factors such as the rapid industrial development and the growth in the demand for the fish meal.
Feed Grade Oils Market: Competitive Players
The key market players that are involved in the feed grade oils market include NHU Europe GmbH., Double S Liquid Feed Services, Inc., Renkert Oil, Inc., Valley Proteins, Inc., CanPro Ingredients Ltd., Xiamen Kingdomway Group Company, DAR PRO Ingredients, and Archer Daniels Midland Company.
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Feed Grade Oils Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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