Asia Pacific holds the largest share in the global animal feed market, followed by Europe and North America, respectively. Global animal feed market is estimated to reach a valuation of approx. Key vendors in the animal feed market are focusing on new product launches and mergers and acquisitions to strengthen their position in the animal feed market. Internal sharing only, Allows all employees of an organization to access the purchased report. The report provides an accurate overview of the market complete with statistical graphs to support the forecasted figures. This report studies the global market size of Animal Feed, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). Global Animal Feed Market Scope and Market Size Animal feed market is segmented on the basis of type, species and form. The market share of all prominent players and their current position is discussed in minute detail. At what CAGR is the global animal feed market projected to grow in the forecast period (2019-2027)? This report provides an accurate prediction of the contribution of all the segments to the growth of the animal feed market size. This report provides information on the production, sustainability, and prospects of several leading animal feed manufacturers, including: For more insights on the market share of various regions Request for a FREE sample now! The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. Our analysts can customize this report to meet your requirements. Market vendors are focusing on the development of sustainable technologies for producing animal feed. MRFR’s report includes a thorough analysis of the global animal feed market segmented on the basis of form, species, and region. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. To help clients improve their market position, this animal feed market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The market share of all prominent players and their current position is discussed in minute detail. Moreover, this animal feed market analysis report also includes information on the upcoming trends and challenges that will influence market growth. Factors such as the rising meat production, the launch of new products, and the increasing investments by market vendors are contributing to the animal feed market growth in this region. Summary. ‘Others’ comprise whole grains, micro pellet, crushed grain or scratch, grain mix, and others. The increase in per-capita income and the inclination towards meat and dairy products can buttress the growth of this trend. The global animal feed market size has the potential to grow by USD 92.79 billion during 2020-2024, and the market’s growth momentum will accelerate throughout the forecast period because of the steady increase in year-over-year growth. ADMs new high-tech livestock feed facility in Quincy, Illinois, US is equipped with enhanced manufacturing capabilities, automated packaging and process controls, dedicated feed line for non-medicated products, and unique pressed tub for multiple species. Rising demand for meat across the globe coupled with inherent benefits offered by feed enzymes such as increased resistance to diseases and higher yield is driving market growth. Listen to Audio Version. The increasing number of product launches will also fuel the growth of the animal feed market in this segment. The global probiotics in animal feed market size was valued at USD 3.56 billion in 2018 and projected to reach USD 6.24 billion by the end of … As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts. Previously in 2018, the global animal feed market size was valued for USD xx million and is estimated to project a value of USD xx million by 2025 registering a CAGR of x.x% during the forecast period. Other factors contributing to animal feed market growth include a growing awareness of the health benefits associated with algae-based animal feed and ingredients, along with advancements in testing methods for non-GMO labels. It also permits the use of up to 4 paragraphs or 1 page of the report externally in whitepapers, press releases, and marketing collateral. Competent data analysts use strong analytical tools to ascertain accurate analysis of very relevant parameters in an effort to provide clients with a conclusive and dependable view of the future. The market is currently fragmented, and the degree of fragmentation will increase during the forecast period. The adoption of new technologies has been identified as one of the critical animal feed market trends contributing to the market growth. Credible resources are accessed and verified by analysts to understand the nuances of market factors with consistency. This, in turn, improves the diets of products such as eggs, milk, and meat., Increase in industrial livestock production is the major factor driving the animal feed market demand. Our analysts make insightful predictions regarding the scope of the market and its future prospects. Register for a free trial today and gain instant access to 17,000+ market research reports. This growth in demand can be attribute to its extensive application scope in livestock including poultry, cattle, swine, pet and aquaculture. Technavio’s latest animal feed market analysis highlights that the rising demand for meat products sourced from livestock and poultry animals across the globe is expected to drive animal feed industry growth in the coming years. Different forms of animal feed include pellets, crumbles, mash, and others. To gain extensive insights into the market, Request for Customization The global animal feed testing market growth is projected to be driven by the increased government support for animal health, increased cases of diseases outbreak associated with livestock feed and increased risk of zoonotic infections. By species, the market is segmented into poultry, swine, aqua, ruminants, and others. The global insect feed market is projected to grow at a CAGR of 12.0% during the forecast period. The report discusses in detail the various players residing in these regions and their respective strategies to climb up the market ladder. Animal Feed Protein Market 2020 Industry Growth, Business Revenue, Future Plans, Global Size Analysis by Forecast to 2025 iCrowdNewswire Nov 12, 2020 6:58 AM ET MarketsandResearch.biz has recently added a new study titled Global Animal Feed Protein Market 2020 by Manufacturers, Type and Application, Forecast to 2025 . Rising of livestock and consumption of meat and animal derived products have made a crucial contribution to the nutritional and economic wellbeing of several nations … The development and adoption of such new technologies are expected to fuel the growth of the animal feed market throughout the next five years. In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. The Global Animal Feed Market report provides a holistic evaluation of the market … 4.38% year-on-year growth in 2020, Animal Feed Market, Size, Share, Outlook 2019 to 2025 is a premium global market research report focusing on factors driving and challenging the industry, Market Trends, recent industry developments, Key Players Analysis, market share, size, forecast, segmentation, Business Profiles of Leading Companies.OGAnalysis The global animal feed additives market was valued at $19,642 million in 2017, and is estimated to reach $31,387 million by 2025, registering a CAGR of 6.0% from 2018 to 2025. Consumer Staples market will have Direct impact due to the spread. The increase in per-capita income and the inclination towards meat and dairy products can buttress the growth of this trend. The segments covered in the animal feed market report are analyzed with respect to four main regions – North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW), with respective country-level market sizing. By, type, market is segmented into cattle buffalo and others. Rising consumption of meat fueled by health-conscious consumers can propel the production rate of industrial livestock. During 2020-2024, the animal feed market size will grow at a CAGR of almost 4%. LONDON-- ( BUSINESS WIRE )--The animal feed vitamin market is poised to grow by USD 250.18 million during 2020-2024, progressing at a CAGR of over 2% during the forecast period. At MRFR, our research analysts conduct a thorough objective analysis of the market while creating market reports by adhering to a rigorous set of standards which allow a truly comprehensive view of the market. However, market growth in the poultry segment will be slower than the growth of the market in the swine, ruminant, and aquaculture segments. 3.1 Global Animal Feed Market Size by Manufacturers 3.2 Global Animal Feed Key Players Head office and Area Served 3.3 Key Players Product/Solution/Service 3.4 Enter barriers in Animal Feed Market The COVID-19 pandemic continues to unfold everyday with severe impact on people, communities, and businesses. However, factors such as the high price of non-GMO animal feed will challenge the growth of the market participants. The global animal feed micronutrients market size was valued at USD 1.23 billion in 2016. The Global Animal Feed Additives Market report provides a holistic evaluation of the market for the forecast period. ID: MRFR/AGR/1080-CR Which are the major segments in the global animal feed market? The global animal feed market is anticipated to grow at a CAGR of 4.7% between 2018 to 2026. Moreover, some vendors are investing in the development of new products that optimize nutritional absorption and digestibility in animals. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Copyright © 2007-2020 Infiniti Research Limited. The Consumer Staples industry is expected to have Positive impact due to the spread of COVID-19 virus. Overall, the market is likely to show a CAGR of ~2% during the forecast period of 2019 - 2029. This report can be personalized according to your needs. In addition, market size estimation and validation use both top-down & bottom-up approaches to obtain data from the value and supply chain. Get in touch. Global antioxidant feed additives market size should generate revenues surpassing USD 550 million by 2024. Animal feed is manufactured on a large scale to improve the diets of farm animals. Animal feed market analysis indicates growth will be driven by the increasing number of product launches. Growing meat consumption coupled with a recent outbreak of diseases has generated the need for additives in poultry, aqua, and other animal-based products which in turn, is expected to drive the product demand. Animal feed industry growth will also be impacted by the adoption of new technologies. Investments in research and development (R&D) to enhance food fortification processes are forecasted to open up new growth opportunities in the forthcoming years., Report Overview , The report provides an accurate overview of the market complete with statistical graphs to support the forecasted figures. Analyst Commentary. Animal Feed Additives Market Size And Forecast. The insect feed sector, at present, has challenges, such as commercial-scale production, when compared to conventional animal feed products.As of 2019, by animal type, the aquaculture segment dominated the market with a share of 49.2%. Increase in industrial livestock production is the major factor driving the animal feed market demand. The increasing number of product launches will be one of the significant factors driving the growth of the animal feed market size in the coming years. The others segment includes sheep, goat, deer etc. The global market is segmented by form and species. As the business impact of COVID-19 spreads, the Animal Feed Market by Product and Geography - Forecast and Analysis 2020-2024 market is expected to have Positive & Superior growth. The global animal feed additives market size was USD 37.83 billion in 2019 and is projected to expand at a CAGR of 3.8% from 2020 to 2027. By species, the market is segmented into poultry, swine, aqua, ruminants, and others. Therefore, the successful launch of such new products will help market vendors in increasing their revenue flow and market share and consequently drive the growth of the animal feed market during the forecast period. Animal Feed Market Size And Forecast. Animal Feed Market To Touch $617.61 Bn By 2023, Feed Acidifiers Market Research Report Global Forecast Till 2026, Biological Seed Treatment Market Research Report – Global Forecast Till 2023, Micro Irrigation System Market Research Report Global Forecast Till 2024, Seed Coating Materials Market Research Report Global Forecast Till 2024, © 2020 Market Research Future®(Part of WantStats Research And Media Pvt. Rising consumption of meat fueled by health-conscious consumers can propel the production rate of industrial livestock. The revenue generated from the global animal feed additives market was projected to be valued at ~US$ 15 Bn in 2019 and is expected to reach ~US$ 18 Bn by 2029. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. This report provides a detailed analysis of the market by product (poultry, swine, ruminant, aquaculture, and others) and geography (APAC, Europe, MEA, North America, and South America). Animal Feed Market by Product and Geography - Forecast and Analysis 2020-2024. Global animal feed market is projected to grow at approximately 4.50% CAGR during the assessment period (2019-2027). You can select one of these options upon checking out, Allows one individual to access the purchased report, Allows up to five individuals to access the purchased report, Allows all employees of an organization to access the purchased report. , Competitive Landscape, Prominent players in t, Industrial Motors, Pumps, And Control Devices, Power Generation, Transmission And Distribution, Ice, Electric, Hybrid, Autonomous Vehicles, Conversion Rate - Considered as per the respective financial years. Global Animal Feed Ingredients Scope and Market Size. The report discusses in detail the various players residing in these regions and their respective strategies to climb up the market ladder. Company history coupled with annual turnover, profit margins, segmental share, SWOT analysis, growth strategies, expansion techniques, and latest R&D initiatives are discussed in minute detail. For instance, MilkLane launched two variants of animal feed, namely Aayush Max and Aayush Rich, containing proteins and minerals, which will improve animal health and increasing milk yield. Which region holds the largest share in the global animal feed market? The report offers a comprehensive analysis on the profiles on these market players and assesses their current standing in the market. Even if the spread of virus is contained, we expect that it may take more than two quarters (six months) to reach a normal state of economic activity. The growth in several industries will be impacted significantly while numerous other markets may remain unscathed and show promising growth opportunities. Growing need to enhance the overall feed properties is one of the critical factors driving product demand. In the short term, the market demand will show Superior growth due to the increase in infections and reduced economic activity. All Rights Reserved. LONDON--(BUSINESS WIRE)--The algae-based animal feed and ingredients market is poised to grow by USD 1.13 billion during 2020-2024, progressing at a CAGR of over 8% during the forecast period. This report presents the market size and development trends by detailing the Animal Feed Protein Ingredients market revenue, market share and growth rate from 2015-2026, and it gives a thorough analysis by various product types, applications, regions, and main participants. Also, the report analyzes the market’s competitive landscape and offers information on several market vendors including Archer Daniels Midland Co., Cargill Inc., Charoen Pokphand Foods Plc, Evonik Industries AG, ForFarmers NV, Guangdong Haid Group Co. Ltd., Land O'Lakes Inc., New Hope Group Co. Ltd., Nutreco NV, and Perdue Farms Inc. Browse TOC and LoE with selected illustrations and example pages from animal feed market report. Request for a FREE sample and get more information on the market contribution of various products. – Global Animal Feed Ingredients Market Forecast (2020-2026) – Global Animal Feed Ingredients Market Research Findings and Conclusion. Our analysts make insightful predictions regarding the scope of the market and its future prospects. Vitamins held the second largest market share in the global animal feed additives market for ruminants in 2014. Market Analysis and Insights: Global Animal Feed Ingredients Market. Global animal feed market size is forecast to grow by USD 92.79 billion during 2020-2024 at a CAGR of 4%, with poultry segment having the largest market share. The global animal feed enzymes market size was estimated to be USD 987 million in 2017 and is forecasted to grow at a CAGR of 7.3% from 2018 to 2026. Use of primary research strategies such as interviews can lead to accrual of highly relevant data. In addition, the global animal feed market volume is estimated to be at 1,136 Mn metric tons in 2019. New Hope Group (China), Archer Daniels Midland (ADM) Company (U.S.), NUTRECO N.V. (The Netherlands), Neovia Group (France), Cargill, Inc. (U.S.), COFCO Limited (Hong Kong), Land 'O Lakes Inc. (U.S.), Japfa Comfeed Indonesia Tbk (Indonesia), ForFarmers N.V. (The Netherlands), and Charoen Pokphand Group (Thailand), are some of the top players operating in the global animal feed market. Request for a FREE Sample on the Impact of COVID-19. Almost 40% of the market’s growth will originate from APAC during the forecast period. Market growth in this region will be faster than the growth of the market in other geographies. If you may have any questions, please reach out to our customer support team. APAC was the largest market for animal feed in 2019, and the region will continue to offer the maximum growth opportunities to market vendors during the forecast period. Information And Communications Technology. Purchase this report now and if we publish a new version within 90 days, we will send you a free copy. Other external animal feed market growth drivers will also offer immense growth opportunities. Market Analysis and Insights: Global Prebiotics in Animal Feed Market The global Prebiotics in Animal Feed market size is projected to reach USD 28 … Animal feed is manufactured on a large scale to improve the diets of farm animals. Market analysis concerning growth trends, prospects, and also their participation in this global Animal Feed Protein market; Market size (volume & value) from the company, essential regions/countries, products, and application; Market rivalry landscape, SWOT analysis, and development plans for the future. China is an important market for animal feed in APAC. Animal Feed Additives Market was valued at USD 34.92 Billion in 2018 and is projected to reach USD 44.16 Billion by 2026, growing at a CAGR of 3.0% from 2019 to 2026.. The cattle segment dominated the global animal feed additives market for ruminants acquiring over 80% of the total market. CAGR of the market during the forecast period 2020-2024, Detailed information on factors that will accelerate the growth of the animal feed market during the next five years, Precise estimation of the animal feed market size and its contribution to the parent market, Animal feed market facts & figures and accurate predictions on upcoming trends and changes in consumer behavior, Estimation of potential opportunity for animal feed market by product and geographic segments, Identification of key countries across APAC, Europe, MEA, North America, and South America, A thorough analysis of the market’s competitive landscape and detailed information on vendors, Comprehensive details of factors that will challenge the growth of animal feed vendors, Financial reports of key industry players, Products and services used to manage or contain the spread of COVID-19 virus, Products and services used for the treatment of COVID-19 virus, Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior, Optimistic, base case, and pessimistic scenarios for all markets as the impact of pandemic unfolds, Pre as well as post COVID 19 market estimates, Quarterly impact analysis as the spread reaches global level and updates on market estimates, Impact of the pandemic on supply chain operations, New product launches in coronavirus-related markets, Significant changes in vendor operations (Including bankruptcy & other implications). 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