Protein Hydrolysate for Animal Feed Application Sales

Protein Hydrolysate for Animal Feed Application Sales Market Outlook

The global protein hydrolysate market for animal feed applications is projected to reach approximately USD 2.5 billion by 2035, growing at a compound annual growth rate (CAGR) of about 7.4% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing demand for high-protein animal feed formulations driven by the rising meat consumption worldwide and the growing awareness regarding the health benefits of protein hydrolysates in animal nutrition. The trend toward sustainable and efficient farming practices is further enhancing the uptake of protein hydrolysates as they provide essential amino acids and improve feed digestibility. Additionally, advancements in hydrolysis technology are boosting product availability and application versatility across various livestock sectors. The integration of protein hydrolysates in aquafeed, in particular, is a significant driver, tapping into the expanding aquaculture industry.

Growth Factor of the Market

One of the primary growth factors propelling the protein hydrolysate market is the increasing demand for high-quality protein sources in animal feed formulations, which aim to enhance growth rates, health, and overall productivity in livestock. Moreover, the rising concerns regarding animal welfare and the effectiveness of feed are prompting manufacturers to incorporate protein hydrolysates that provide better nutrient absorption and lower feed conversion ratios. Additionally, the growing aquaculture industry, in regions such as Asia Pacific and North America, demands specialized protein sources, further driving the market for protein hydrolysates. Furthermore, the trend toward plant-based protein sources, including soy protein hydrolysate, is gaining traction among environmentally conscious consumers and agricultural producers alike. Lastly, innovations in processing technologies leading to enhanced product formulations and improved bioavailability of nutrients are also significant contributors to the market's expansion.

Key Highlights of the Market

• Projected growth rate of 7.4% CAGR from 2025 to 2035.
• Increasing demand for high-quality protein sources in animal feed.
• Growing aquaculture industry as a major consumer of protein hydrolysates.
• Enhanced bioavailability and digestibility leading to better animal health.
• Innovation in processing technologies facilitating diverse formulations.

By Product Type

Soy Protein Hydrolysate:

Soy protein hydrolysate is one of the leading segments in the protein hydrolysate market, particularly favored for its high protein content and digestibility. Derived from soybeans, this hydrolysate is rich in essential amino acids and is often used in animal feed formulations due to its nutritional benefits. The growing trend of plant-based proteins in animal nutrition is further bolstering the demand for soy protein hydrolysate. Its affordability compared to animal-based protein sources also makes it a popular choice for feed manufacturers aiming to reduce costs while maintaining quality. Additionally, soy protein hydrolysate has been recognized for its ability to enhance gut health in livestock, which is crucial for optimal growth and productivity. The segment is anticipated to witness continued growth, particularly in regions with a strong emphasis on sustainable agricultural practices.

Fish Protein Hydrolysate:

Fish protein hydrolysate is increasingly being recognized for its high nutritional value and bioactive peptides that promote better feed conversion ratios in aquaculture and livestock. Rich in omega-3 fatty acids, this hydrolysate not only supports growth but also contributes to the overall health and immune function of animals. With the rising demand for seafood and fish products, fish protein hydrolysate is becoming a preferred ingredient in aquafeed formulations. Its application extends to land animals as well, where it serves to improve the quality of meat products. As sustainability becomes a focal point in the aquaculture sector, fish protein hydrolysate derived from by-products of fish processing is emerging as a viable option, thereby driving its market growth.

Whey Protein Hydrolysate:

Whey protein hydrolysate is recognized for its rapid digestibility and high biological value, making it a preferred choice for animal feed, especially in young livestock and growing poultry. This protein source is derived from the cheese-making process and is packed with essential amino acids that support muscle development and overall growth. The demand for whey protein hydrolysate is significantly influenced by the growing awareness of its benefits, particularly in enhancing the growth performance of animals. The segment is also leveraging the trend towards functional feeds that aim to bolster animal health and well-being. Additionally, whey protein hydrolysate is being increasingly utilized in specialty feeds designed for specific animal health situations, such as stress recovery and immunity enhancement.

Meat Protein Hydrolysate:

Meat protein hydrolysate is gaining traction in the market due to its rich amino acid profile and palatability, which are essential for promoting feed consumption among livestock. This hydrolysate is produced from various meat sources and is often included in feed formulations to enhance growth rates in animals. The increasing demand for meat products globally is propelling the need for effective protein sources within the livestock sector. Meat protein hydrolysate not only supports growth but also improves overall feed efficiency, which is vital for producers aiming to maximize their output. However, this segment faces challenges regarding sourcing and regulatory constraints related to the use of certain animal by-products, which may impact its growth prospects in specific regions.

Others:

The 'Others' category in the protein hydrolysate market encompasses a range of alternative sources such as egg protein hydrolysate and plant-based hydrolysates from sources like pea and canola. These alternatives represent a growing segment, particularly in regions where there are restrictions on animal-derived products. The increasing consumer preference for clean-label and non-GMO products is driving the demand for these alternatives in animal feed formulations. Additionally, the rise of vegetarian and vegan trends among consumers is pushing feed manufacturers to explore diverse protein hydrolysate sources that align with these values. As research continues to uncover the benefits of these alternative protein sources, this segment is expected to gain significant traction in the coming years.

By Application

Animal Feed:

The animal feed application segment dominates the protein hydrolysate market, driven by the need for enhanced feed formulations that improve growth and overall livestock health. Protein hydrolysates are known for their ability to increase nutrient absorption, making them invaluable in commercial feed mixes. Livestock producers are increasingly incorporating these hydrolysates to boost feed efficiency and reduce feed costs while ensuring the health and productivity of their animals. Furthermore, with the growing trend towards sustainable farming practices, protein hydrolysates sourced from by-products are becoming a preferred choice, as they help in waste reduction and resource optimization. This segment's robust growth is expected to continue throughout the forecast period, as producers increasingly recognize the benefits of functional feed ingredients.

Pet Food:

The pet food application segment is also witnessing significant growth, with an increasing number of pet owners seeking high-quality and nutritious options for their pets. Protein hydrolysates are being incorporated into pet food formulations to enhance palatability and provide essential amino acids necessary for healthy growth and development. The trend toward premium pet foods that focus on health and nutrition is driving the demand for protein hydrolysates, as they offer digestibility and nutrient density. Additionally, the growing trend of pet humanization, where pets are viewed as family members, is pushing pet food manufacturers to explore innovative and nutritious ingredients like protein hydrolysates to cater to this demographic. Consequently, this segment is expected to continue to expand, fueled by changing consumer preferences and increasing awareness of pet nutrition.

Aquafeed:

Aquafeed is another significant application segment for protein hydrolysates, primarily due to the rapidly growing aquaculture industry. The increasing global demand for seafood is driving aquaculture producers to explore high-quality feed options that support fish growth and health. Protein hydrolysates, particularly fish protein hydrolysates, are favored in aquafeed formulations for their high nutritional content and ability to improve feed conversion ratios. Furthermore, with ongoing advancements in aquaculture practices and a focus on sustainability, protein hydrolysates derived from fish and other marine sources are becoming increasingly popular. The segment is expected to thrive as aquaculture continues to evolve, with a growing emphasis on nutrition and sustainability.

Fertilizers:

Protein hydrolysates are also finding applications in fertilizers, particularly in organic farming, where there is a rising demand for natural and sustainable inputs. These hydrolysates serve as a valuable source of organic nitrogen, promoting plant growth and enhancing the overall health of crops. By improving soil health and nutrient availability, protein hydrolysates are becoming essential components in modern agricultural practices. The growth in organic farming, coupled with the increasing consumer demand for organic produce, is propelling this application segment forward. As awareness of sustainable agriculture practices continues to grow, the use of protein hydrolysates in fertilizers is likely to become more mainstream, driving further market expansion in this area.

Others:

The 'Others' category encompasses various niche applications for protein hydrolysates, including use in specialty feeds for specific livestock health issues and biostimulants in agriculture. This segment is growing as manufacturers explore the versatility of protein hydrolysates beyond traditional applications. For instance, some producers are utilizing protein hydrolysates as natural additives that enhance the nutritional profile of feeds, which can address specific health challenges in animals. Additionally, the exploration of protein hydrolysates in biofertilizers and crop enhancers is gaining traction, driven by the growing trend towards sustainable farming practices and the demand for environmentally friendly solutions. As research continues to unveil the benefits of protein hydrolysates across various agricultural sectors, this segment holds substantial growth potential in the coming years.

By Distribution Channel

Direct Sales:

The direct sales channel for protein hydrolysates allows manufacturers to connect directly with end-users, including livestock producers and feed manufacturers. This approach fosters relationships and provides customers with opportunities for personalized service and tailored solutions for their specific needs. Direct sales are particularly beneficial in regions with a strong agricultural presence, where producers often seek high-quality, customized feed solutions. Furthermore, the direct sales model allows manufacturers to showcase their products, provide technical support, and gather valuable feedback from customers, thereby improving product offerings. As the market continues to evolve, the direct sales channel is expected to grow, driven by an increasing focus on customer relationships and service quality.

Indirect Sales:

The indirect sales channel encompasses distributors, wholesalers, and retailers who play a critical role in making protein hydrolysates accessible to a broader audience. This channel is essential for reaching various market segments, including small to medium-sized enterprises that may not have direct access to manufacturers. By leveraging established distribution networks, indirect sales help in expanding market reach and improving product availability across different regions. Additionally, the indirect sales channel allows for the bundling of protein hydrolysates with other related products, creating comprehensive solutions for end-users. As demand for protein hydrolysates continues to rise, the indirect sales channel is expected to witness substantial growth, facilitated by the expanding distribution networks and increased focus on customer convenience.

By Ingredient Type

Amino Acids:

Amino acids are a crucial ingredient type in the protein hydrolysate market, constituting the building blocks of proteins and playing a vital role in animal nutrition. The incorporation of amino acids into animal feed formulations is essential for promoting growth, improving feed efficiency, and enhancing overall health. Protein hydrolysates rich in amino acids are particularly valuable for young and growing livestock, as they support muscle development and recovery during stress conditions. The growing recognition of the role of amino acids in animal nutrition is driving demand for these hydrolysates, particularly in the livestock and aquaculture sectors. As research continues to uncover the benefits of specific amino acid profiles, the segment is anticipated to experience significant growth in the coming years.

Peptides:

Peptides, which are short chains of amino acids, are emerging as a critical ingredient type in the protein hydrolysate market, renowned for their bioactive properties and health benefits. These peptides can enhance nutrient absorption and support immune function, making them particularly valuable in animal nutrition. The increasing focus on functional feeds that promote health and well-being is driving the demand for protein hydrolysates containing bioactive peptides. As livestock producers seek innovative solutions to improve animal health and performance, the incorporation of these peptides in feed formulations is expected to gain momentum. The segment is likely to flourish as awareness of the advantages of peptides continues to grow, influencing the formulation strategies in the animal feed industry.

By Region

In the regional analysis of the protein hydrolysate market, North America stands out as a dominant player, accounting for approximately 30% of the global market share. The strong presence of livestock farming, coupled with an increasing focus on premium animal nutrition, makes North America a critical region for the growth of protein hydrolysates. Furthermore, advancements in aquaculture practices and a growing trend towards sustainable feeds are expected to bolster market growth in this region. The CAGR for North America is projected to be around 6.8% from 2025-2035 as stakeholders increasingly recognize the importance of high-quality protein sources in feed formulations. Additionally, stringent regulations regarding animal feed quality and safety play a significant role in shaping the demand for protein hydrolysates in this region.

Europe is another key region in the protein hydrolysate market, contributing significantly to the overall global sales. With a market share of approximately 25%, the European region is witnessing a growing demand for organic and natural feed ingredients, propelling the use of protein hydrolysates. The focus on animal welfare and sustainability is driving producers to seek innovative feed solutions that enhance animal health without compromising quality. The CAGR for Europe is expected to reach 7.0% during the forecast period as the region embraces advancements in agricultural practices and a shift towards functional animal nutrition. Additionally, the regulatory landscape in Europe, which emphasizes feed safety and quality, further supports the growth of protein hydrolysate applications in the region.

Opportunities

One of the main opportunities in the protein hydrolysate market lies in the increasing adoption of sustainable agricultural practices and the growing demand for organic feed ingredients. As consumers become more environmentally conscious, there is a rising expectation for livestock producers to adopt practices that minimize ecological impact while ensuring animal health. This shift towards sustainability is creating a lucrative opportunity for protein hydrolysate manufacturers to innovate and provide products that align with these values. By leveraging waste by-products from various processing industries, companies can develop sustainable protein hydrolysate alternatives that not only meet market demands but also contribute to waste reduction efforts. This alignment with sustainability trends positions manufacturers favorably in an increasingly competitive market, as they cater to the demands of environmentally aware consumers and producers alike.

Another opportunity exists in the growing pet food segment, where there is a rising trend towards premium products that focus on nutrition and health. With pet owners increasingly willing to invest in high-quality nutrition for their pets, the demand for protein hydrolysates in pet food formulations is poised for substantial growth. Manufacturers can capitalize on this trend by developing specialized pet food products that incorporate protein hydrolysates, catering to specific health needs such as joint support, digestion, or immunity. Additionally, the rise of e-commerce and direct-to-consumer sales channels presents a unique opportunity for protein hydrolysate producers to reach a broader audience and engage with customers directly. By leveraging technology and consumer insights, manufacturers can create targeted marketing efforts that resonate with health-conscious pet owners, driving growth in this segment further.

Threats

Despite the promising growth prospects in the protein hydrolysate market, several threats could impede market progress. One of the most significant threats is the volatility in the prices of raw materials, particularly in the sourcing of animal proteins and plant-based ingredients. Fluctuations in supply due to environmental factors, trade regulations, or changes in consumer demand can lead to increased costs for manufacturers, which may ultimately be passed on to consumers. This price volatility can deter livestock producers from adopting higher-cost protein hydrolysate products, especially in regions where profit margins are already tight. Additionally, the emergence of alternative protein sources, such as insects and lab-grown proteins, poses a competitive threat to traditional protein hydrolysates. As these alternatives gain traction in both the animal feed and pet food markets, manufacturers must continuously innovate and differentiate their offerings to maintain market relevance.

Another challenge in the protein hydrolysate market is the regulatory landscape surrounding animal feed ingredients. The stringent regulations regarding the use of certain animal by-products in feed formulations can limit sourcing options for manufacturers, particularly in regions with strict laws on animal welfare and food safety. Compliance with these regulations can increase operational costs and complicate the supply chain for protein hydrolysates. Furthermore, as consumer awareness regarding food safety and quality increases, there is a growing demand for transparency in ingredient sourcing and manufacturing processes. Manufacturers must navigate these challenges carefully to ensure compliance while also meeting consumer expectations for high-quality feed products.

Competitor Outlook

• Archer Daniels Midland Company
• CP Foods
• Nutreco N.V.
• DuPont de Nemours, Inc.
• Glanbia Nutritionals
• Evonik Industries AG
• Kerry Group plc
• Royal DSM N.V.
• BASF SE
• Alltech, Inc.
• Chr. Hansen Holding A/S
• Proliant Biologicals
• APEX Protein Products, LLC
• Mead Johnson Nutrition Company
• Synlogic, Inc.

The competitive landscape of the protein hydrolysate market is characterized by a mix of global players and regional manufacturers, each vying for market share through innovation, product differentiation, and strategic partnerships. Major players such as Archer Daniels Midland Company and CP Foods are investing in research and development to enhance their product offerings and expand their reach in both the livestock and pet food sectors. These companies are also focusing on sustainability initiatives, such as sourcing raw materials from responsible and renewable sources, to meet the growing consumer demand for environmentally friendly products. Additionally, collaborations with academic institutions and research organizations are becoming increasingly common as companies seek to leverage expertise in protein hydrolysis processes and develop novel formulations for specific applications.

Furthermore, regional players are gaining traction by catering to local market needs and preferences, offering customized solutions and localized sourcing options. Companies like Nutreco N.V. and Glanbia Nutritionals are focusing on strengthening their distribution networks to reach a wider audience and enhance product availability. The competitive dynamics of the market are further influenced by the growing trend towards e-commerce and direct sales channels, enabling smaller and niche players to establish a presence in the market. Overall, the competitive landscape is expected to remain dynamic, with continuous innovation and strategic positioning shaping the future of the protein hydrolysate market.

Key companies such as DuPont de Nemours, Inc. and Evonik Industries AG are at the forefront of technological advancements in protein hydrolysis, focusing on improving the efficiency and bioavailability of their products. DuPont, for instance, has developed patented hydrolysis methods that enhance the nutritional profile of their protein hydrolysates, appealing to health-conscious consumers in the animal feed industry. Similarly, Evonik Industries is heavily investing in research to explore new sources of protein hydrolysates, including plant-based alternatives, to diversify their product portfolio and cater to evolving consumer preferences. This focus on innovation positions them favorably in a competitive landscape that increasingly values sustainability and nutritional efficacy.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 BASF SE
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 CP Foods
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Nutreco N.V.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Alltech, Inc.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Royal DSM N.V.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Synlogic, Inc.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Kerry Group plc
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Evonik Industries AG
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Glanbia Nutritionals
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Proliant Biologicals
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Chr. Hansen Holding A/S
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 DuPont de Nemours, Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 APEX Protein Products, LLC
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Archer Daniels Midland Company
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Mead Johnson Nutrition Company
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Protein Hydrolysate for Animal Feed Application Sales Market, By Application
    • 6.1.1 Animal Feed
    • 6.1.2 Pet Food
    • 6.1.3 Aquafeed
    • 6.1.4 Fertilizers
    • 6.1.5 Others
  • 6.2 Protein Hydrolysate for Animal Feed Application Sales Market, By Product Type
    • 6.2.1 Soy Protein Hydrolysate
    • 6.2.2 Fish Protein Hydrolysate
    • 6.2.3 Whey Protein Hydrolysate
    • 6.2.4 Meat Protein Hydrolysate
    • 6.2.5 Others
  • 6.3 Protein Hydrolysate for Animal Feed Application Sales Market, By Ingredient Type
    • 6.3.1 Amino Acids
    • 6.3.2 Peptides
  • 6.4 Protein Hydrolysate for Animal Feed Application Sales Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Indirect Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Protein Hydrolysate for Animal Feed Application Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Protein Hydrolysate for Animal Feed Application Sales market is categorized based on

By Product Type

• Soy Protein Hydrolysate
• Fish Protein Hydrolysate
• Whey Protein Hydrolysate
• Meat Protein Hydrolysate
• Others

By Application

• Animal Feed
• Pet Food
• Aquafeed
• Fertilizers
• Others

By Distribution Channel

• Direct Sales
• Indirect Sales

By Ingredient Type

• Amino Acids
• Peptides

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Archer Daniels Midland Company
• CP Foods
• Nutreco N.V.
• DuPont de Nemours, Inc.
• Glanbia Nutritionals
• Evonik Industries AG
• Kerry Group plc
• Royal DSM N.V.
• BASF SE
• Alltech, Inc.
• Chr. Hansen Holding A/S
• Proliant Biologicals
• APEX Protein Products, LLC
• Mead Johnson Nutrition Company
• Synlogic, Inc.