Commercial Animal Feed Ingredients Market size was valued at USD 25.0 Billion in 2024 and is forecasted to grow at a CAGR of 4.5% from 2026 to 2033, reaching USD 35.0 Billion by 2033.
The global commercial animal feed ingredients market was valued at USD 70.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. The growing demand for high quality animal products, such as meat, eggs, and milk, is driving the markets expansion. The rising awareness regarding animal health and nutrition, along with increasing meat consumption, has fueled the growth of the market for animal feed ingredients. In addition, technological advancements in animal feed formulations and production methods are expected to contribute to the markets growth trajectory over the forecast period. The commercial animal feed ingredients market includes a wide range of products such as protein meals, vitamins, minerals, enzymes, and fiber sources, all of which are vital in ensuring the health and productivity of livestock. In terms of regional analysis, North America accounted for the largest share of the commercial animal feed ingredients market in 2022, valued at USD 23.1 billion. This dominance can be attributed to the advanced farming techniques and the large scale production of livestock, particularly in the United States and Canada. Europe followed closely, contributing USD 19.7 billion to the market size, driven by the growing demand for animal feed ingredients in countries such as Germany, France, and the UK. The Asia Pacific region is expected to witness the highest CAGR of 6.2% during the forecast period, driven by the increasing livestock farming in countries like China and India, along with a rising demand for protein rich food in emerging economies. The Latin American and Middle Eastern regions are also expected to show steady growth due to expanding livestock farming and increasing demand for animal based food products.
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Cargill
ADM
COFCO
Bunge
Louis Dreyfus
Wilmar International
China Grain Reserves Corporation
Beidahuang Group
Marubeni Corporation
ZEN-NOH
Glencore Agriculture
Ingredion Incorporated
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Commercial Animal Feed Ingredients Market
Plant-based ingredients
Animal-based ingredients
Mineral-based ingredients
Others
Cereal grains
Oilseeds and cakes
Protein meals
Additives and premixes
Fats and oils
Vitamins and minerals
Dry form
Liquid form
Pelleted form
Ruminants
Poultry
Swine
Aquaculture
Others
Animal nutrition
Pet food
Feed for dairy cattle
Feed for poultry
Feed for swine
Feed for aquaculture
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Commercial Animal Feed Ingredients Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Commercial Animal Feed Ingredients Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Commercial Animal Feed Ingredients Market, By Type
6. Global Commercial Animal Feed Ingredients Market, By Application
7. Global Commercial Animal Feed Ingredients Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Commercial Animal Feed Ingredients Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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