Animal Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Animal Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • December 2020 •
  • 138 pages •
  • Report ID: 5981492 •
  • Format: PDF
The global animal feed market grew at a CAGR of around 5% during 2014-2019.

Animal feed refers to the food products grown and manufactured for the consumption of ruminants, poultry, swine, aquatic animals, etc. It is produced through blending products with high nutritional content such as silage, hay, straw, oils, sprouted grains and legumes. It is rich in proteins, fibers, carbohydrates, minerals, enzymes, acidifiers, antibiotics, and antioxidants, which further enriches the animal produce, including milk, eggs and meat. The feed also acts as a source of energy to sustain life processes and support muscular activity in the animals.

The rising demand for meat and animal-based products and the consequent increase in commercial livestock production are the key factors driving the growth of the market. Owing to the growing health-consciousness among consumers, there is a burgeoning demand for dairy and meat products as a source of various nutrients, which is positively impacting the need for animal feed. Furthermore, increasing awareness regarding the health benefits of algae-based ingredients in animal feed is another major factor driving the growth of the market. Microalgae plays a crucial role in enriching animal feed with nutrients for the early developmental stages of the livestock. It also ensures the production of premium quality eggs, milk and meat while boosting physical growth. Additionally, vendors are incorporating non-Genetically Modified Organisms (non-GMO) crops in animal feed to meet the consumers’ demand for all-natural food sources. Other factors, including rising expenditure capacity of consumers, extensive research and development (R&D) and the implementation of favorable government policies promoting the use of quality animal feed, are expected to drive the market further. Looking forward, the analyst expects the global animal feed market to continue its moderate growth during the next five years.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global animal feed market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, form, animal type and ingredient.

Breakup by Form:
Pellets
Crumbles
Mash
Others

Breakup by Animal Type:
Swine
Starter
Finisher
Grower
Ruminants
Calves
Dairy Cattle
Beef Cattle
Others
Poultry
Broilers
Layers
Turkeys
Others
Aquaculture
Carps
Crustaceans
Mackeral
Milkfish
Mollusks
Salmon
Others
Others

Breakup by Ingredient:
Cereals
Oilseed Meal
Molasses
Fish Oil and Fish Meal
Additives
Antibiotics
Vitamins
Antioxidants
Amino Acids
Feed Enzymes
Feed Acidifiers
Others
Others

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Archer-Daniels-Midland Company, Cargill Incorporated, Charoen Pokphand Group, Dupont De Nemours Inc., Evonik Industries AG (RAG-Stiftung), ForFarmers N.V., Kemin Industries Inc., Nutreco N.V (SHV Holdings), Perdue Farms Inc. and Tyson Foods Inc.

Key Questions Answered in This Report:
How has the global animal feed market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global animal feed market?
What are the key regional markets?
What is the breakup of the market based on the form?
What is the breakup of the market based on the animal type?
What is the breakup of the market based on the ingredient?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global animal feed market and who are the key players?
What is the degree of competition in the industry?