# Feed protein to grow 7.5% a year to $17.8B by 2032

> A market forecast projects animal feed to be the fastest-growing customer for protein ingredients, with annual growth of 7.5% and a market value of $17.8 billion by 2032. It cites livestock production growth and demand for more diversified, resilient feed formulations, with plant-derived ingredients such as soybean meal and canola meal remaining central to commercial feed.

- Date: 2026-11-08 · published 2026-11-08T18:07:23.047Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/87735-feed-protein-to-grow-7-5-a-year-to-17-8b-by-2032
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Projected growth in livestock production and feed-protein use points to stronger long-term demand for protein meals, which could support prices. The forecast is broad and long-term, so it is not an immediate supply or price shock.

## Read by commodity

- SBM: bullish ▲
- CANMEAL: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-12-12 | [China’s animal feed demand to rebound by 8% in 2020 \| Feed Strategy](https://feedsoft.ai/events/55584-china-s-animal-feed-demand-to-rebound-by-8-in-2020-feed-strategy.md) | +3.3% | +1.8% |
| SBM | 2021-05-12 | [Soybeans Surge Near 9-Year High \| Feed & Grain](https://feedsoft.ai/events/11984-soybeans-surge-near-9-year-high-feed-and-grain.md) | -7.7% | -12.5% |
| SBM | 2017-01-28 | [3.7% rise in animal feed production](https://feedsoft.ai/events/73101-3-7-rise-in-animal-feed-production.md) | -3.3% | -3.5% |
| SBM | 2020-12-15 | [Surging feed prices will test recovery in US animal protein production](https://feedsoft.ai/events/49813-surging-feed-prices-will-test-recovery-in-us-animal-protein-production.md) | +8.3% | +20.7% |
| SBM | 2019-06-11 | [USDA to livestock producers: feed costs are going up](https://feedsoft.ai/events/58654-usda-to-livestock-producers-feed-costs-are-going-up.md) | +3.5% | -1.8% |

## Sources

- marketscale.com: https://www.marketscale.com/industries/food-beverage/animal-feed-protein-ingredients-projected-to-reach-178-billion-by-2032

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.