Data Bridge Market Research analyzes that the Global Animal Feed Market is expected to grow at a CAGR of 6.6% during the forecast period of 2023 to 2030.
Industry Analysis
The global animal feed market is expected to grow in the forecast period due to the modernization and growth of the aquaculture and livestock feed sectors and the increase in demand for organic feed ingredients. The market is also influenced by outbursts of diseases via animals is contributing to the increase in the adoption of animal feed. However, the high cost of raw materials and low counterfeit products are expected to restrain market growth.
Animal feed refers to specially formulated food given to animals, including livestock and pets, to provide essential nutrients for their growth, maintenance, and overall health. It serves as the primary source of proteins, carbohydrates, fats, vitamins, and minerals required for proper development and reproduction. It comes in various forms, such as grains, forage, protein sources, fats, mineral supplements, and vitamins. The composition of animal feed is tailored to meet the specific dietary needs of different animals at various life stages. Providing balanced and nutritious feed is vital for the well-being and productivity of animals, supporting industries such as agriculture and livestock farming. Ensuring the quality and safety of animal feed production is essential to sustain animal health and the overall food supply chain.
Global Animal Feed Market Segmentation
The global animal feed market is segmented into nine notable segments based on product, animal type, mode of delivery, form, source, nature, lifecycle, end user, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Product
• Cereal Grains
• Protein Meals
• Milk Replacer
• Feed Additives
• Others
Animal Type
• Ruminants
• Swine
• Poultry
• Aquaculture
• Pets
• Equine
• others
Mode of Delivery
• Premixes
• Oral Powder
• Oral Solution
Form
• Liquid
• Dry
• Frozen
• Pellet
• Crumbles
• Mash
Source
• Animal-Based
• Plant-Based
Nature
• Conventional
• Organic
Life Cycle
• Grower Feed
• Finisher Feed
• Starter Feed
• Breeder Feed
End User
• Feed Manufacturers
• Contract Manufacturers
• Livestock Producers
• Others
Distribution Channel
• Indirect
• Direct
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-animal-feed-market
Global Animal Feed Market Regional Analysis/Insights
The global animal feed market is segmented into nine notable segments based on product, animal type, mode of delivery, form, source, nature, lifecycle, end user, and distribution channel.
The countries covered in this market report are the U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, Denmark, Sweden, Poland, Finland, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Vietnam, Taiwan, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, U.A.E., Kuwait, Saudi Arabia, Egypt, Israel, and Rest of Middle East and Africa.
Asia-Pacific is expected to dominate the global animal feed market due to the increasing research in the field of animal feed and development. China is expected to dominate the Asia-Pacific region due to the rise in healthcare expenditure and the rapidly increasing population of pets and domesticated animals. Russia is expected to dominate the Europe region due to increasing technology and reliable services. The U.S. is expected to dominate the North America region due to the modernization and growth of aquaculture and livestock feed sectors
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands and the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Animal Feed Market Share Analysis
The global animal feed market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on the market.
Some of the major market players operating in the market are Cargill, Incorporated., ADM, Charoen Pokphand Foods PCL., BASF SE, De Heus Animal Nutrition, JAPFA LTD, Yara, Evonik Industries AG, DSM, Phibro Animal Health Corporation., NOVUS INTERNATIONAL, INC., Purina Animal Nutrition LLC, Kemin Industries, Inc., Weston Stockfeed New Zealand, Kent Nutrition Group., Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH, Perstorp, Alltech., nutrex.eu, Henraajh Feeds India Pvt. Ltd., Vetsfarma Ltd., and Nutreco among others.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Global Animal Feed Market by Product & Procedure type
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