The market is predicted to rise from US$360 Mn in 2024 to US$500 Mn by 2031.
Awareness about the importance of improved livestock is a key driver for market growth.
Ardent Mills, Cargill Incm Cereal Ingredients, Crea Fill Fibers Corporation, and General Mills Inc are some of the key industry players operating in the market.
The increasing demand for feeds that are high in fiber presents a key opportunity for the market players.
Cereals and grains lead the market with abundance of dietary fiber sources.