The global cottonseed meal market is expected to expand at a CAGR of 5.6% over the forecast period. The market is estimated to reach USD 3,500 million in 2024. By the end of the forecast period, the industry is projected to be valued at USD 6,055 million by 2034.
Cottonseed meal is a by-product of cotton manufacturing and it is commonly used as a fertilizer in agriculture and gardening. The increasing global population is creating demand for protein-rich food products like meat and dairy.
As a result, livestock producers are constantly seeking high-quality feed ingredients to enhance animal growth and performance. Cottonseed meal, having a high protein content and nutritional profile, is preferred in the animal feed industry.
Players of cottonseed meal have an upper hand in the industry as the product they offer is a by-product of the cottonseed oil extraction process. Due to this, they are effectively marketing the product as sustainable and healthy for the planet.
Cottonseed meal is significantly used as an animal feed. This way they are minimizing waste and contributing to a circular economy. This aspect appeals to environmentally conscious consumers and supports the overall sustainability goals of the industry. Further, technological advancements in cottonseed processing have also contributed to the growth of the cottonseed meal market.
| Attributes | Key Insights |
|---|---|
| Estimated Global Cottonseed Meal Market Size (2024E) | USD 3,500 million |
| Projected Cottonseed Meal Market Value (2034F) | USD 6,055 million |
| Value-based CAGR (2024 to 2034) | 5.6% |
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The cottonseed meal market is expected to rise at a CAGR of 5.6% over the forecast period, owing to the increasing technological advancements in animal feed and non-GMO products. Factors like increasing cotton production are increasing the sales of the cottonseed meal market.
Instability in cotton production has the power to impact the availability and pricing of cottonseed meal. Thereby, impacting product sales. As the global population is continuously expanding, the demand for protein-rich food products like meat and dairy, is expected to progressively increase. This, in turn, is projected to drive the demand for high-quality animal feed ingredients like cottonseed meal, which is known for its nutritional value and protein content.
The expanding livestock industry, particularly in emerging economies, is expected to fuel the demand for cottonseed meal as a feed ingredient. Global trade dynamics and export opportunities also significantly affect the sales outlook for cottonseed meal. Countries with substantial cotton production, such as the United States, India, and China, are key players in the global cottonseed meal market.
Trade activities and export opportunities of cottonseed meal enable its availability in several regions, expanding its market reach and driving sales. The global cottonseed meal market is expected to experience a positive sales outlook in the future, driven by the increasing demand for high-quality animal feed.
The protein level of cottonseed meal has made it a lucrative by-product of the cotton ginning process, with widespread use as a component in animal and poultry feed. International trading patterns have impacted the market for cottonseed meal.
Shifts in trade agreements, tariffs, and the demand for protein meals have further influenced cottonseed meal import and export dynamics. Technological developments in oil extraction have increased the productivity of oil extraction from cottonseeds, producing high-grade cottonseed meal.
The industry is projected to be driven by technological innovations in the production of cottonseed meal. Further, the distribution channels are also being modernized or improved upon to reach the desired audience.
Industry participants are profiting from the heightened demand for sustainable and high-quality animal feed ingredients. Players are also observing improved sales due to the increasing product demand in pet food and aquaculture. They are additionally investing in increasing the nutritional profile of cottonseed meal through research and development.
Players are integrating cottonseed meal in animal nutrition programs to improve the animal health and performance. Additionally, they are collaborating with feed manufacturers to meet the growing demand for quality feed ingredients.
Principal Consultant
The cotton demand and the manufacturing of cottonseed meal are knitted together. Cottonseed meal pricing and availability are expected to fluctuate due to several reasons, such as weather patterns, trade policies, and demand.
Sunflower and soybean meal are two alternative feed components competing with the cottonseed meal in the market. The need for cottonseed meal in the animal feed market is set to fluctuate in response to changes in the cost or accessibility of these substitutes.
The table below shows the estimated growth rates of the top four countries. Australia, the United States, and China are set to record high CAGRs of 6.5%, 5.8%, and 5.2%, respectively, through 2034.
| Countries | CAGR |
|---|---|
| United States | 5.8% |
| China | 5.2% |
| India | 5.0% |
| Australia | 6.5% |
The cottonseed meal market is forecasted to surge at a 5.8% CAGR by 2034 in the United States. The vast livestock market of the United States includes beef cattle, dairy cows, poultry, and swine. Growing demand for cottonseed meal feed is increasing from the livestock industry to meet the nutritional and protein requirements of livestock.
Cotton is grown in the States of Georgia, Texas, Mississippi, and others in the United States. The meal is produced from cottonseed, which is obtained as a by-product after harvesting the cotton. Due to an ample supply of cottonseed in the United States, cottonseed meal is also constantly available to the United States market to serve the livestock industry.
With sizable cotton production, China holds a 30.0% share of the cottonseed meal market. China has a significant cotton production industry, with a notable impact on the global cottonseed meal market. Cottonseed meal is one of the essential components of animal feed in the country because of the ready availability and production of cottonseed meal.
About 300 million people in China are involved in cotton-growing. Cotton production in China is significantly high. The sales significantly impact the demand for cottonseed meal in China, which is part of the vast poultry and livestock industry of the country.
India is one of the major producers and consumers of cottonseed meal and is likely to have a share of 23% in 2024. The cotton production industry in India and the rising demand for animal feed are contributing to the market growth in India.
The government of India has introduced various schemes and programs for the betterment of the domestic livestock industry and animal nutrition. It encourages those feed ingredients that are available locally in plenty in the country, like cottonseed meal.
The growing demand for protein-rich feed ingredients such as cottonseed meal is driven by growing aquaculture industry, changing dietary patterns, and a rising market for meat. Major market players are teaming up with stakeholders in the livestock and poultry industries in order to further research, develop, and promote cottonseed meal as a useful component of animal feed.
Upgraded technology in processing cottonseed meal continues to cut down on production costs, enhancing productivity and raising product quality in Germany. Cottonseed meal's position in Germany’s market is further escalated by the government’s investments in innovation and technology.
Technological developments in cottonseed meal processing is boosting oil extraction productivity and meal quality in Japan. Constant technological advancements are helping cottonseed meal to remain competitive in the country’s market.
The rising demand for dairy and poultry products, among other shifting consumer tastes, affects the need for feed ingredients that are high in protein, such as cottonseed meal. In Japan, the importance of sustainable animal meal production and agriculture methods is rising. Leading manufacturers are shifting toward sustainable practices for the production of cottonseed meal to expand their customer base in Japan.
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The section below shows the primary meal segment dominating by product type. It is predicted to hold a market share of 45.0% in 2024. Based on nature, the conventional segment is anticipated to generate a dominant share through 2024. It is set to hold a share of 80.0% in 2024.
| Segment | Market Share (2024) |
|---|---|
| Primary Meal (Product Type) | 45.0% |
| Conventional (Nature) | 80.0% |
| Feed (End-use Industry) | 68.0% |
Based on product type, primary cottonseed meal is expected to hold a market share of 45.0% by 2024, due to its high protein content. Primary cottonseed meal is directly derived after cottonseed oil extraction; hence, this is the most commonly available and used form of cottonseed meal in the market.
The key cottonseed meals are high in protein, i.e., about 40% to 50%. At this concentration, it makes it a fine protein supplement for both livestock and poultry, thereby meeting their nutritional needs.
On the basis of end-use industry, the feed sector is anticipated to capture a share of 68% by 2024. Besides protein, cottonseed meal is also nutritionally well-balanced. It contains important minerals, fiber, and other nutrients, which contribute to the overall health of the animals.
Cottonseed meal is an ideal choice for livestock feeding, thanks to its wide nutrient profile that offers various vital minerals and vitamins necessary for animal’s growth. The cost-effectiveness of cottonseed meal compared to other protein-rich feed ingredients plays a significant role in its preference for animal feed.
The market for cottonseed meal features a dynamic and diverse competitive landscape. Prominent enterprises with a wide range of expertise concentrate on research & development, environmentally friendly sourcing, and novel formulations.
Key players strongly emphasize product certifications, ecologically friendly procedures, and meeting the growing demand for natural and sustainable feed ingredients. Leading players also prioritize quality, innovation, and catering to customer preferences to maintain their market position and take advantage of the rising demand.
Leading Companies in the Market
| Attribute | Details |
|---|---|
| Estimated Value (2024) | USD 3,500 million |
| Projected Value (2034) | USD 6,055 million |
| Anticipated Growth Rate (2024 to 2034) | 5.6% |
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | USD million for Value, MT for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; and the Middle East and Africa |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others. |
| Key Segments Covered | Product Type, Nature, End-use Industry, and Region |
| Key Companies Profiled | 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 |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunity, and Trends Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The market is expected to rise at a CAGR of 5.6% by 2034.
By 2034, the market is expected to reach a valuation of USD 6,055.0 million.
The feed is a leading end-use application in the market.
N.K.Proteins, Planters Cotton Oil Mill, and T T Limited are the key players.
The market is projected to reach USD 3,500.0 million in 2024.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Technology Roadmap 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Dynamics 3.1. Drivers 3.1.1. Supply Side Drivers 3.1.2. Demand Side drivers 3.1.3. Economic Side Drivers 3.2. Restraints 3.3. Opportunity 3.4. Market Trends 3.5. Macro-Economic Factors 3.6. Forecast Factors - Relevance and Impact 3.7. Certifying Agencies 4. Value Chain Analysis and Operating Margins 4.1. Supply chain analysis (Operating margin analysis) 4.2. List of Key market participants 4.2.1. Key Manufacturers List 4.2.2. Key End-user List 4.3. Notes on Value Added at Each Node in the Value Chain 5. Global Market - Pricing Analysis 5.1. Price Point Assessment By Product Type 5.2. Price Point Assessment by Region 5.2.1. Manufacturer Level Pricing 5.2.2. Distributor Level Pricing 5.3. Price Forecast till 2034 6. Global Market Demand in Value (US$ million) and Volume (MT) Analysis 2019 to 2023 and Forecast, 2024 to 2034 6.1. Historical Market Value (US$ million) and Volume (MT) Analysis, 2019 to 2023 6.2. Current and Future Market Value (US$ million) and Volume (MT) Projections, 2024 to 2034 6.2.1. Y-o-Y Growth Trend Analysis 6.2.2. Absolute $ Opportunity Analysis 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type 7.1. Introduction / Key Findings 7.2. Historical Market Size (US$ million) and Volume (MT) Analysis By Product Type, 2019 to 2023 7.3. Current and Future Market Size (US$ million) and Volume (MT) Analysis and Forecast By Product Type, 2024 to 2034 7.3.1. Primary Meal 7.3.2. Secondary Meal 7.3.3. Others 7.4. Market Attractiveness Analysis By Product Type 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Nature 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ million) and Volume (MT) Analysis By Nature, 2019 to 2023 8.3. Current and Future Market Size (US$ million) and Volume (MT) Analysis and Forecast By Nature, 2024 to 2034 8.3.1. Organic 8.3.2. Conventional 8.4. Market Attractiveness Analysis By Nature 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-use Industry 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ million) and Volume (MT) Analysis By End-use Industry, 2019 to 2023 9.3. Current and Future Market Size (US$ million) and Volume (MT) Analysis and Forecast By End-use Industry, 2024 to 2034 9.3.1. Feed 9.3.1.1. Aquaculture 9.3.1.1.1. Fish 9.3.1.1.2. Shrimp 9.3.1.1.3. Shellfish 9.3.1.1.4. Others 9.3.1.2. Livestock 9.3.1.2.1. Poultry 9.3.1.2.2. Pigs 9.3.1.2.3. Cattle 9.3.1.2.4. Others 9.3.1.3. Pet Food 9.3.1.3.1. Dogs 9.3.1.3.2. Cats 9.3.1.3.3. Horses 9.3.2. Fertilizer 9.4. Market Attractiveness Analysis By End-use Industry 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 10.1. Introduction 10.2. Historical Market Size (US$ million) and Volume (MT) Analysis By Region, 2019 to 2023 10.3. Current Market Size (US$ million) and Volume (MT) Analysis and Forecast By Region, 2024 to 2034 10.3.1. North America 10.3.2. Latin America 10.3.3. Europe 10.3.4. East Asia 10.3.5. South Asia 10.3.6. Oceania 10.3.7. Middle East and Africa 10.4. Market Attractiveness Analysis By Region 11. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 11.1. Introduction 11.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 11.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 11.3.1. By Country 11.3.1.1. United States 11.3.1.2. Canada 11.3.2. By Product Type 11.3.3. By Nature 11.3.4. By End-use Industry 11.4. Market Attractiveness Analysis 11.4.1. By Country 11.4.2. By Product Type 11.4.3. By Nature 11.4.4. By End-use Industry 11.5. Key Takeaways 12. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 12.1. Introduction 12.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 12.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 12.3.1. By Country 12.3.1.1. Brazil 12.3.1.2. Mexico 12.3.1.3. Colombia 12.3.1.4. Rest of Latin America 12.3.2. By Product Type 12.3.3. By Nature 12.3.4. By End-use Industry 12.4. Market Attractiveness Analysis 12.4.1. By Country 12.4.2. By Product Type 12.4.3. By Nature 12.4.4. By End-use Industry 12.5. Key Takeaways 13. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034 13.1. Introduction 13.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 13.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 13.3.1. By Country 13.3.1.1. Germany 13.3.1.2. France 13.3.1.3. United Kingdom 13.3.1.4. Spain 13.3.1.5. Netherlands 13.3.1.6. Belgium 13.3.1.7. Poland 13.3.1.8. Italy 13.3.1.9. Russia 13.3.1.10. Rest of Europe 13.3.2. By Product Type 13.3.3. By Nature 13.3.4. By End-use Industry 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Product Type 13.4.3. By Nature 13.4.4. By End-use Industry 13.5. Key Takeaways 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 14.1. Introduction 14.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 14.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 14.3.1. By Country 14.3.1.1. China 14.3.1.2. Japan 14.3.1.3. South Korea 14.3.2. By Product Type 14.3.3. By Nature 14.3.4. By End-use Industry 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Product Type 14.4.3. By Nature 14.4.4. By End-use Industry 14.5. Key Takeaways 15. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 15.1. Introduction 15.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 15.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 15.3.1. By Country 15.3.1.1. India 15.3.1.2. Malaysia 15.3.1.3. Indonesia 15.3.1.4. Singapore 15.3.1.5. Vietnam 15.3.1.6. Philippines 15.3.1.7. Thailand 15.3.1.8. Rest of South Asia 15.3.1.9. By Product Type 15.3.2. By Nature 15.3.3. By End-use Industry 15.4. Market Attractiveness Analysis 15.4.1. By Country 15.4.2. By Product Type 15.4.3. By Nature 15.4.4. By End-use Industry 15.5. Key Takeaways 16. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034 16.1. Introduction 16.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 16.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 16.3.1. By Country 16.3.1.1. Australia 16.3.1.2. New Zealand 16.3.2. By Product Type 16.3.3. By Nature 16.3.4. By End-use Industry 16.4. Market Attractiveness Analysis 16.4.1. By Country 16.4.2. By Product Type 16.4.3. By Nature 16.4.4. By End-use Industry 16.5. Key Takeaways 17. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034 17.1. Introduction 17.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 17.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034 17.3.1. By Country 17.3.1.1. GCC Countries 17.3.1.2. North Africa 17.3.1.3. South Africa 17.3.1.4. Rest of Middle East and Africa 17.3.1.5. By Product Type 17.3.2. By Nature 17.3.3. By End-use Industry 17.4. Market Attractiveness Analysis 17.4.1. By Country 17.4.2. By Product Type 17.4.3. By Nature 17.4.4. By End-use Industry 17.5. Key Takeaways 18. Country-level Market Analysis 18.1. United States Market Analysis 18.1.1. By Product Type 18.1.2. By Nature 18.1.3. By End-use Industry 18.2. Canada Market Analysis 18.2.1. By Product Type 18.2.2. By Nature 18.2.3. By End-use Industry 18.3. Brazil Market Analysis 18.3.1. By Product Type 18.3.2. By Nature 18.3.3. By End-use Industry 18.4. Mexico Market Analysis 18.4.1. By Product Type 18.4.2. By Nature 18.4.3. By End-use Industry 18.5. Colombia Market Analysis 18.5.1. By Product Type 18.5.2. By Nature 18.5.3. By End-use Industry 18.6. Germany Market Analysis 18.6.1. By Product Type 18.6.2. By Nature 18.6.3. By End-use Industry 18.7. United Kingdom Market Analysis 18.7.1. By Product Type 18.7.2. By Nature 18.7.3. By End-use Industry 18.8. France Market Analysis 18.8.1. By Product Type 18.8.2. By Nature 18.8.3. By End-use Industry 18.9. Italy Market Analysis 18.9.1. By Product Type 18.9.2. By Nature 18.9.3. By End-use Industry 18.9.4. By Price Range 18.10. Spain Market Analysis 18.10.1. By Product Type 18.10.2. By Nature 18.10.3. By End-use Industry 18.11. Netherlands Europe Market Analysis 18.11.1. By Product Type 18.11.2. By Nature 18.11.3. By End-use Industry 18.12. Belgium Market Analysis 18.12.1. By Product Type 18.12.2. By Nature 18.12.3. By End-use Industry 18.13. Russia Region Market Analysis 18.13.1. By Product Type 18.13.2. By Nature 18.13.3. By End-use Industry 18.14. Poland Market Analysis 18.14.1. By Product Type 18.14.2. By Nature 18.14.3. By End-use Industry 18.15. China Market Analysis 18.15.1. By Product Type 18.15.2. By Nature 18.15.3. By End-use Industry 18.16. Japan Market Analysis 18.16.1. By Product Type 18.16.2. By Nature 18.16.3. By End-use Industry 18.17. India Market Analysis 18.17.1. By Product Type 18.17.2. By Nature 18.17.3. By End-use Industry 18.18. Thailand Market Analysis 18.18.1. By Product Type 18.18.2. By Nature 18.18.3. By End-use Industry 18.19. Malaysia Market Analysis 18.19.1. By Product Type 18.19.2. By Nature 18.19.3. By End-use Industry 18.20. Indonesia Market Analysis 18.20.1. By Product Type 18.20.2. By Nature 18.20.3. By End-use Industry 18.21. Vietnam Market Analysis 18.21.1. By Product Type 18.21.2. By Nature 18.21.3. By End-use Industry 18.22. Philippines Market Analysis 18.22.1. By Product Type 18.22.2. By Nature 18.22.3. By End-use Industry 18.23. Singapore Market Analysis 18.23.1. By Product Type 18.23.2. By Nature 18.23.3. By End-use Industry 18.24. Australia Market Analysis 18.24.1. By Product Type 18.24.2. By Nature 18.24.3. By End-use Industry 18.25. New Zealand Market Analysis 18.25.1. By Product Type 18.25.2. By Nature 18.25.3. By End-use Industry 18.26. GCC Countries Market Analysis 18.26.1. By Product Type 18.26.2. By Nature 18.26.3. By End-use Industry 18.27. North Africa Market Analysis 18.27.1. By Product Type 18.27.2. By Nature 18.27.3. By End-use Industry 18.28. South Africa Market Analysis 18.28.1. By Product Type 18.28.2. By Nature 18.28.3. By End-use Industry 19. Market Structure Analysis 19.1. Global Market Competition - a Dashboard View 19.2. Global Market Structure Analysis 19.3. Global Market Company Share Analysis 19.3.1. For Tier 1 Market Players, 2023 19.3.2. Company Market Share Analysis of Top 5 Players, By Region 19.4. Key Participants Market Presence (Intensity Mapping) by Region 20. Competition Analysis 20.1. Competition Dashboard 20.2. Competition Benchmarking 20.3. Competition Deep Dive 20.3.1. N.K.Proteins 20.3.1.1. Product Portfolio 20.3.1.2. Revenue by Market Segments (Product/Channel/Region) 20.3.1.3. Sales Footprint 20.3.1.4. Strategy Overview 20.3.1.4.1. Marketing Strategy 20.3.1.4.2. Product Strategy 20.3.1.4.3. Channel Strategy 20.3.2. Planters Cotton Oil Mill 20.3.3. T T Limited 20.3.4. Louis Dreyfus Company 20.3.5. Cargill, Inc. 20.3.6. Stillwater Milling Company 20.3.7. Oilseeds Australia 20.3.8. Shree Ram Proteins 20.3.9. The Scoular Company 21. Assumptions and Acronyms Used 22. Research Methodology
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Cottonseed Meal Market
