The impact of the COVID-19 outbreak on the feather meal market

The latest research on the feather meal market released by Transparency Market Research includes global industry analysis and opportunity assessment for 2020-2030. In 2020, the global feather meal market will generate revenue of 359.5 million U.S. dollars, with an estimated compound annual growth rate of 8.6%, and it will reach 820 million U.S. dollars by 2030.
Obtain animal by-product meal to determine the impact of raw materials and processing conditions on protein escape, protein digestibility and other feed value definition measures. Feather meal from refineries is an important by-product of poultry. Feather meal from refineries is an important by-product of poultry. Feather waste from the poultry processing department can ultimately be used as a protein source in the animal feeding process. Feathers are rich in protein called keratin, which accounts for 7% of the weight of live birds, so they provide a large amount of material that can be converted into precious meals. In addition, compared with oil meal, the use of feather meal as an excellent source of escape protein will increase the demand for the feather meal market.
Over the past few years, aquatic feed manufacturers have become increasingly interested in feather meal. As a source of protein, replacing fish meal in aquaculture feed has an undeniable advantage: it has nutritional value not only in terms of protein content and digestibility, but also in economic terms. It is a very valuable source of protein in aquaculture feed, and has shown excellent performance with high inclusion levels in academic and commercial trials. The results showed that feather meal has good nutritional value for trout, and fish meal can be used together with poultry by-product meal without loss of growth performance, feed intake or feed efficiency. Whether feather meal in carp feed is suitable to replace fish meal protein will increase the demand for feather food.
As an important advantage, organic agriculture composed of organic fertilizers is still a profitable bet for the developing agricultural industry. As organic food is becoming more and more popular, it is a safe and ethical choice for consumers. In addition to ethics, organic fertilizers have also gained considerable development due to the increased soil structure and water conservation and many other environmental benefits. Farmers’ awareness of the nutritional benefits of plant-based and animal-based fertilizers and their role in promoting the growth of earth and other plant-based microbial activities has continued to increase, which has promoted the adoption of organic fertilizers. Since organic animal by-product fertilizers have good adsorbents and water-holding capacity, which can enhance soil fertility, it is more attractive than plant-based varieties.
In order to be used in the production of certified organic crops, many types of commercial organic fertilizers can be used. These products include liquid shrimp, pelleted fertilizer for poultry, guano pellets from seabirds, Chilean nitrate, feathers and blood meal. The feathers are collected and exposed to high temperature and pressure, and then processed into fine powder. They are then packaged for use in fertilizer mixes, animal feeds, and other feeds after drying. Feather meal contains high nitrogen organic fertilizers, which can replace many synthetic liquid fertilizers on the farm.

Although the demand for animal feed has been relatively stable, the coronavirus crisis has severely hit supply. In view of the severe measures it has taken to contain the Covid-19 pandemic, China, as a major supplier of organic soybeans, has caused problems for global organic feed producers. In addition, due to logistics issues in China and the transportation of other trace components, the availability of containers and ships is also affected. Governments have ordered partial closures of their international ports, thereby further disrupting the animal feed supply chain.
The closure of restaurants across regions has severely affected the animal feed industry. In view of the COVID-19 outbreak, the dramatic shift in consumer consumption patterns has forced producers to reconsider their policies and strategies. Poultry production and aquaculture are especially the most affected sectors. This will affect the growth of the feather meal market for 1-2 years, and it is expected that demand will fall for one or two years, and then reach a stagnant state in the next few years.

Post time: Sep-25-2020
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