Global Animal Feed Market - 2023-2030

Global Animal Feed Market - 2023-2030

Market Overview

The global animal feed market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 4.5% during the forecast period (2023-2030).

Animal feed is rich in proteins, carbohydrates, enzymes, minerals, fibers etc. which directly increases the animal produce like the milk, eggs and meat. For sustaining life processes and supporting muscular activity in the animals these feed act as a source of energy. The microalgae present in the animal feed are loaded with nutrients for the animals’ early development of livestock stages. For lowering the likelihood of weight loss, infections and illness in animals, the animal feed is the key ingredient. The structural development of animals is mainly dependent upon how well the animals are fed.

Market Dynamics

Higher consumption of animal-based products is the key for the growth of animal feed market

People now a days are interested in animal-based protein which increases the consumption of livestock products. As the animal-based products like eggs, milk, and meat are rich in proteins and vitamins, magnesium, iron, zinc etc, the demand for these product is always high. These animal -based products are also benificial to the consumer by improving the human nutrition, heart and bone health. So higher consumption of animal-based products will increase the need of good quality of animal feed which boost the growth of animal feed market.

Increase in demand of proteins in animal’s body for their healthier growth may boost the growth of animal feed market

Animals need to be nourished with high quantity of nutrition for their proper development and feed is the most important ingrendients for achieving this. The proteins available in the animal feed helps the animals by making up cell structures including muscle, hair and nails. The proteins act as a building blocks for animal tissues. The help animals in the growth and regeneration of their tissues. The proteins also includes functions like acting as enzymes and hormones, making antibodies, providing energy, maintaining proper fluid and acid-base balance. The animal feed help the animals in getting the required protein. So the demand of proteins in animals’ body will rise the animal feed market.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global animal feed market is segmented based on form, species, ingredient and region.

The increasing demand for poultry boost the market growth of animal feed

The animal feed market based on the species is devided into poultry, ruminants, aqua, swine and others. In 2022 the poultry segment had the highest share in the market. Poultry are the domesticated birds which are farmed for their meats and eggs. The poultry birds include ducks, chickens, geese and others. The foods required for the farming of poultry includes maize, soya beans, cottonseed cake etc. The poultry farming is very popular now a days due to the high quality of eggs and meats obtained from the domesticated birds. These eggs and meat are very nutritious and rich in protein also.

Geographical Analysis

Easy availability of raw materials fuel the growth of animal feed in North America region

North America held the highest share in the global animal feed market. In this region the raw materials for producing animal feed is easily available. The raw materials includes corn, soyabean meal, wheat midds, corn gluten feed, bakery meal etc and these are available in a cheap cost in the region. A s a result, manufacturers can easily produce different types of animal feed products which enables easy animal farming. Hence, the easy availability of raw materials for the animal feed production in North America may boost the growth of animal feed market.

Competitive Landscape

The major global players in the market include Neovia Group, ForFarmers N.V., Cargill Inc., Archer Daniels Midland, COFCO Limited, New Hope Group, Charoen Pokphand Group, Japfa Comfeed Indonesia Tbk, NUTRECO N.V., Land ‘O Lakes Inc.

Why Purchase the Report?

• To visualize the global animal feed market segmentation based on form, species, ingredient, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of animal feed market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global animal feed market report would provide approximately 61 tables, 58 figures, and 200 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies


1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Form
3.2. Snippet by Species
3.3. Snippet by Ingredient
3.4. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. XX
4.1.1.2. XX
4.1.2. Restraints
4.1.2.1. XX
4.1.3. Opportunity
4.1.3.1. XX
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Before COVID-19 Scenario
6.1.2. Present COVID-19 Scenario
6.1.3. Post COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Form
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
7.1.2. Market Attractiveness Index, By Form
7.2. Pellets*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Crumbles
7.4. Mash
7.5. Others
8. By Species
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Species
8.1.2. Market Attractiveness Index, By Species
8.2. Poultry*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Ruminants
8.4. Aqua
8.5. Swine
8.6. Others
9. By Ingredient
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
9.1.2. Market Attractiveness Index, By Ingredient
9.2. Cereals*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Oilseed Meal
9.4. Molasses
9.5. Fish Oil and Fish Meal
9.6. Additives
9.7. Others
10. By Region
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
10.1.2. Market Attractiveness Index, By Region
10.2. North America
10.2.1. Introduction
10.2.2. Key Region-Specific Dynamics
10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Species
10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
10.2.6.
10.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.2.7.1. U.S.
10.2.7.2. Canada
10.2.7.3. Mexico
10.3. Europe
10.3.1. Introduction
10.3.2. Key Region-Specific Dynamics
10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Species
10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.3.6.1. Germany
10.3.6.2. UK
10.3.6.3. France
10.3.6.4. Italy
10.3.6.5. Spain
10.3.6.6. Rest of Europe
10.4. South America
10.4.1. Introduction
10.4.2. Key Region-Specific Dynamics
10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Species
10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.4.6.1. Brazil
10.4.6.2. Argentina
10.4.6.3. Rest of South America
10.5. Asia-Pacific
10.5.1. Introduction
10.5.2. Key Region-Specific Dynamics
10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Species
10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.5.6.1. China
10.5.6.2. India
10.5.6.3. Japan
10.5.6.4. Australia
10.5.6.5. Rest of Asia-Pacific
10.6. Middle East and Africa
10.6.1. Introduction
10.6.2. Key Region-Specific Dynamics
10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Species
10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis
12. Company Profiles
12.1. Neovia*
12.1.1. Company Overview
12.1.2. Product Portfolio and Description
12.1.3. Financial Overview
12.1.4. Key Developments
12.2. ForFarmers N.V.
12.3. Cargill Inc.
12.4. Archer Daniels Midland
12.5. COFCO Limited
12.6. New Hope Group
12.7. Charoen Pokphand Group
12.8. Japfa Comfeed Indonesia Tbk
12.9. NUTRECO N.V.
12.10. Land’ O Lakes Inc.s
LIST NOT EXHAUSTIVE
13. Appendix
13.1. About Us and Services
13.2. Contact Us

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