The global animal feed market is expected to grow at a CAGR of 6.6% during the forecast period of 2023 to 2030.
Animal Feed Market Scenario
According to Data Bridge Market Research, the market for animal feed is accelerating because of the rising demand for animal-based products among human and the growing focus on animal health. The growth in consumer’s awareness regarding the benefits associated with the usage of feed additives in order to reduce disease decline positively affect the animal feed market. Furthermore, the rise in popularity of meat and meat related products and growing health problems in animals extends profitable opportunities to the animal feed market players.
Now the question is which are the other regions that animal feed market targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific because of the high consumption of pork in countries such as China and Japan.
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Animal Feed Market Scope
Animal feed market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
All country based analysis of animal feed market is further analyzed based on maximum granularity into further segmentation. Animal feed market on the basis of type has been segmented into acidifiers, probiotics, enzyme, antioxidants, antibiotics, amino acids, vitamins, minerals and others. Based on the species, the animal feed market is segmented into poultry, ruminants, aqua, swine, others. Based on the form, the animal feed market is segmented into pellets, crumbles, mash and others.
Animal feed refers to food grown or developed for livestock and poultry which are produced by carefully selecting and blending ingredients with the purpose of offering highly nutritional diets. These help in maintaining health of the animals and increase the quality of end products including eggs, milk and meat.
Key Market Competitors Covered in the Report
Adisseo France S.A.S.
Ajinomoto Co., Inc.
Archer Daniel Midland (ADM)
BASF SE
Biomin Holdings Gmbh
Cargill, Incorporated
Hansen
Danisco (DuPont Danisco Animal Nutrition)
DSM
Elanco Animal Health
Evonik Industries
Kemin Industries, Inc.
Novozymes
Novus International Inc.
Nutreco N.V.
Amco Protiens
Prinova Group LLC
Covington & Burling LLP
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.
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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 Share Analysis
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