Animal Feed Market Synopsis
Animal Feed Market Size Was Valued at USD 596.97 Billion in 2023, and is Projected to Reach USD 910.34 Billion by 2032, Growing at a CAGR of 4.8% From 2024-2032.
Animal feed is a blend of grains, protein, vitamins, and minerals for livestock, poultry, and aquaculture. It supports growth, health, and productivity, and is crucial in modern agriculture. Well-balanced feed formulations improve feed conversion rates and contribute to producing high-quality meat, eggs, milk, and other animal-derived products for human consumption.
- Animal feed is vital to modern agriculture, providing essential nutrients to livestock, poultry, aquaculture, and pets. Its benefits include nutritional balance, efficiency, disease prevention, cost-effectiveness, and convenience. Formulated feed formulations are designed to provide a balanced mix of proteins, carbohydrates, fats, vitamins, and minerals for animal growth, health, and reproduction. They also optimize feed utilization, reducing wastage and resulting in cost savings for farmers and producers.
- Animal feed is primarily used in livestock, poultry, aquaculture, and pet nutrition. The demand for animal feed is driven by factors such as global population growth, rising disposable incomes, the expansion of livestock and poultry industries, the adoption of intensive farming practices, and rising awareness of balanced nutrition for animal health and productivity.
- Market trends include the growth of specialty feeds, the shift towards sustainable feed ingredients, technological advancements, regulatory changes, and the expansion of the animal feed industry in emerging markets. These trends are driven by factors such as the growing global population, rising disposable incomes, adoption of intensive farming practices, and rising awareness about the importance of balanced nutrition for animal health and productivity.
- The demand for organic, natural, and non-GMO animal products is driving the demand for feed formulations free from synthetic additives and genetically modified ingredients. Concerns about animal welfare are influencing ethical sourcing, humane treatment, and stress reduction strategies. Climate change mitigation is gaining traction through the adoption of feed additives and management practices.
Animal Feed Market Trend Analysis
Rising demand for animal-derived food products
- The increasing desire for animal-derived food products stands as a pivotal driver of the animal feed market. As the global populace burgeons, particularly in emerging economies, dietary preferences lean toward higher consumption of meat, dairy, and eggs. This surge in demand for animal protein necessitates heightened production of livestock, poultry, and aquaculture, thereby intensifying the need for animal feed.
- Animal feed forms the foundation for supplying essential nutrients vital for the growth, health, and productivity of livestock and poultry. With the rising demand for animal-derived food products, farmers and producers are impelled to enhance their production efficiency and output. This necessitates the use of top-quality feed formulations tailored to address the distinct nutritional requirements of various animal species at different developmental stages.
- Ongoing technological advancements in feed formulation, production processes, and additives continually evolve to meet the escalating demand for animal protein sustainably and efficiently. Consequently, the increasing craving for animal-derived food products serves as a significant catalyst propelling the expansion and transformation of the animal feed market worldwide.
Rise in Precision Nutrition and Personalized Feed Solutions
- The emergence of precision nutrition and personalized feed solutions represents a significant opportunity within the animal feed market. Advancements in technology and data analytics have revolutionized the capability to customize feed formulations to meet the unique nutritional requirements of individual animals or specific groups. Precision nutrition enables fine-tuning feed composition based on various factors such as animal breed, age, weight, health status, and production objectives.
- This tailored approach not only optimizes nutrient intake but also enhances animal health, growth rates, feed efficiency, and overall productivity. Going beyond precision nutrition, personalized feed solutions consider additional factors like environmental conditions, management practices, and genetic profiles specific to each farm or production system.
- Tailoring feed programs to these unique circumstances, producers can maximize effectiveness and achieve better performance outcomes while reducing costs. As consumer demand for sustainably produced animal products with improved nutritional profiles grows, the adoption of precision nutrition and personalized feed solutions offers feed manufacturers an opportunity to differentiate their offerings. With ongoing technological advancements making these solutions more scalable and cost-effective, the animal feed industry is poised for further growth and innovation.
Animal Feed Market Segment Analysis:
Animal Feed Market Segmented on the basis of Product, Animal Type, Form, Ingredient, Distribution Channel, and End-User.
By Product, Cereal Grains segment is expected to dominate the market during the forecast period
- The dominance of the Cereal Grains segment in the animal feed market is attributed to several factors. Cereals like corn, wheat, and barley are fundamental components in many animal feed formulations, offering crucial nutrients at a cost-effective rate compared to other feed ingredients. These grains provide essential carbohydrates, proteins, and energy vital for the growth and well-being of animals.
- Cereal grains are widely available globally and versatile in their application, making them accessible to feed manufacturers and producers across various regions. Their consistent availability contributes to the stability of the supply chain, ensuring a steady provision for feed production.
- The escalating demand for meat, dairy, and eggs, spurred by population expansion and increasing incomes, propels the need for animal feed, further strengthening the prevalence of the cereal grains segment. As the livestock and poultry industries continue to expand to meet these heightened protein requirements, cereal grains are anticipated to maintain their prominence as the primary feed ingredient, cementing their role at the forefront of the animal feed market.
By Animal Type, Poultry segment is expected to dominate the market during the forecast period
- The Poultry segment's anticipated dominance in the animal feed market stems from several key factors. Firstly, poultry production, notably for broilers and egg-laying hens, stands as one of the swiftest-expanding sectors in the global livestock industry. This surge is propelled by population growth, increasing incomes, and shifting dietary preferences, which escalate the demand for poultry meat and eggs. poultry farming demonstrates remarkable efficiency compared to other livestock sectors, demanding fewer feed inputs to yield a unit of meat or eggs. This efficiency renders poultry farming financially appealing for producers, encouraging investment in feed inputs.
- Furthermore, poultry feed formulations predominantly rely on cereal grains and protein meals—cost-effective, readily available commodities. The widespread accessibility of these ingredients ensures stability in poultry feed production and bolsters the poultry industry's growth. Poultry feed formulations exhibit versatility and adaptability to various production systems and management practices, catering to both large-scale commercial operations and smallholder farms. The Poultry segment's impending dominance in the animal feed market is underscored by the rapid expansion of poultry production, feed efficiency, ingredient availability, and the adaptable nature of poultry feed formulations.
Animal Feed Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- Asia Pacific is anticipated to lead the animal feed market for several reasons. Firstly, the region's expanding population, particularly in nations like China and India, drives significant demand for meat, dairy, and eggs, thereby increasing the necessity for animal feed to support livestock and poultry farming. Rapid urbanization and industrialization in Asia Pacific result in dietary shifts towards higher protein consumption, further boosting the requirement for animal feed. As urbanization advances, more individuals adopt Westernized diets, leading to increased consumption of animal-derived products.
- Asia Pacific's extensive agricultural sector and favorable climatic conditions facilitate the production of essential feed ingredients such as cereal grains, oilseeds, and protein meals, ensuring a consistent supply for feed manufacturers. Government initiatives and investments in the agriculture sector, along with advancements in technology and feed formulations, contribute to the region's dominance in the animal feed market.
- Asia Pacific plays a significant role in global aquaculture production, driving substantial demand for aquafeed. With a considerable share of the global aquaculture output, the demand for feed in this sector further solidifies Asia Pacific's position in the animal feed market.
Animal Feed Market Top Key Players:
- Cargill Incorporated (US)
- ADM (Archer Daniels Midland, US)
- Phibro Animal Health Corporation (US)
- NOVUS INTERNATIONAL INC. (US)
- Purina Animal Nutrition LLC (US)
- Kemin Industries Inc. (US)
- Kent Nutrition Group (US)
- Alltech (US)
- Land O'Lakes (US)
- Tyson Foods (US)
- BASF SE (Germany)
- Evonik Industries AG (Germany)
- Vetsfarma Ltd. (UK)
- Nutreco (Netherlands)
- De Heus Animal Nutrition (Netherlands)
- DSM (Netherlands)
- Yara (Norway)
- Perstorp (Sweden)
- Nutrex.EU (Belgium)
- Henraajh Feeds India Pvt. Ltd. (India)
- New Hope Group (China)
- Guangxi Yangxiang Co., Ltd. (China)
- Weston Stockfeed New Zealand (New Zealand)
- JAPFA LTD (Indonesia)
- Charoen Pokphand Foods PCL (Thailand), and Other Major Players.
Key Industry Developments in the Animal Feed Market:
- In July 2023, Hendrix Genetics, a renowned company specializing in multi-species animal breeding, genetics, and technology, announced a collaboration with CSA Animal Nutrition, a prominent provider of professional nutrition services. This partnership aims to bolster nutrition support for Hendrix Genetics' turkey business unit, Hybrid Turkeys, specifically within the Americas region. Under this agreement, CSA will deliver precise nutrition solutions tailored to meet the performance objectives of Hybrid Turkeys.
- In November 2023, Alltech, a global leader with over four decades of experience in the agriculture industry, unveiled Egalis, a new line of premium silage inoculants. These innovative products are designed to optimize nutrient quality, enhance forage stability, and minimize dry matter loss. Egalis inoculants are formulated to support optimal animal performance by preserving the nutritional integrity of silage feed.
Global Animal Feed Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 596.97 Bn. |
Forecast Period 2024-32 CAGR: |
4.8 % |
Market Size in 2032: |
USD 910.34 Bn. |
Segments Covered: |
By Product |
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By Animal Type |
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By Form |
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By Ingredient |
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By Distribution Channel |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the Report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- ANIMAL FEED MARKET BY PRODUCT (2017-2032)
- ANIMAL FEED MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- CEREAL GRAINS
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- PROTEIN MEALS
- MILK REPLACER
- FEED ADDITIVES
- ANIMAL FEED MARKET BY ANIMAL TYPE (2017-2032)
- ANIMAL FEED MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- RUMINANTS
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- SWINE
- POULTRY
- AQUACULTURE
- PETS
- EQUINE
- ANIMAL FEED MARKET BY FORM (2017-2032)
- ANIMAL FEED MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- PELLETS
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- CRUMBLES
- MASH
- LIQUID
- FROZEN
- ANIMAL FEED MARKET BY INGREDIENT (2017-2032)
- ANIMAL FEED MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- PLANT-BASED FEED
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- ANIMAL-BASED FEED
- ADDITIVES
- ANIMAL FEED MARKET BY DISTRIBUTION CHANNEL (2017-2032)
- ANIMAL FEED MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- DIRECT SALES TO FARMERS
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- RETAIL STORES
- ONLINE PLATFORMS
- ANIMAL FEED MARKET BY END USER (2017-2032)
- ANIMAL FEED MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- FEED MANUFACTURERS
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- CONTRACT MANUFACTURERS
- LIVESTOCK PRODUCERS
- COMMERCIAL FARMS
- HOUSEHOLD/FAMILY FARMS
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Animal Feed Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- CARGILL INCORPORATED (US)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- ADM (ARCHER DANIELS MIDLAND, US)
- PHIBRO ANIMAL HEALTH CORPORATION (US)
- NOVUS INTERNATIONAL INC. (US)
- PURINA ANIMAL NUTRITION LLC (US)
- KEMIN INDUSTRIES INC. (US)
- KENT NUTRITION GROUP (US)
- ALLTECH (US)
- LAND O'LAKES (US)
- TYSON FOODS (US)
- BASF SE (GERMANY)
- EVONIK INDUSTRIES AG (GERMANY)
- VETSFARMA LTD. (UK)
- NUTRECO (NETHERLANDS)
- DE HEUS ANIMAL NUTRITION (NETHERLANDS)
- DSM (NETHERLANDS)
- YARA (NORWAY)
- PERSTORP (SWEDEN)
- NUTREX.EU (BELGIUM)
- HENRAAJH FEEDS INDIA PVT. LTD. (INDIA)
- NEW HOPE GROUP (CHINA)
- GUANGXI YANGXIANG CO., LTD. (CHINA)
- WESTON STOCKFEED NEW ZEALAND (NEW ZEALAND)
- JAPFA LTD (INDONESIA)
- CHAROEN POKPHAND FOODS PCL (THAILAND)
- COMPETITIVE LANDSCAPE
- GLOBAL ANIMAL FEED MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Product
- Historic And Forecasted Market Size By Animal Type
- Historic And Forecasted Market Size By Form
- Historic And Forecasted Market Size By Ingredient
- Historic And Forecasted Market Size By Distribution Channel
- Historic And Forecasted Market Size By End User
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Animal Feed Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 596.97 Bn. |
Forecast Period 2024-32 CAGR: |
4.8 % |
Market Size in 2032: |
USD 910.34 Bn. |
Segments Covered: |
By Product |
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By Animal Type |
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By Form |
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By Ingredient |
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By Distribution Channel |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the Report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ANIMAL FEED MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ANIMAL FEED MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ANIMAL FEED MARKET COMPETITIVE RIVALRY
TABLE 005. ANIMAL FEED MARKET THREAT OF NEW ENTRANTS
TABLE 006. ANIMAL FEED MARKET THREAT OF SUBSTITUTES
TABLE 007. ANIMAL FEED MARKET BY TYPE
TABLE 008. ROUGHAGES MARKET OVERVIEW (2016-2028)
TABLE 009. CONCENTRATES MARKET OVERVIEW (2016-2028)
TABLE 010. ACIDIFIERS MARKET OVERVIEW (2016-2028)
TABLE 011. PROBIOTICS MARKET OVERVIEW (2016-2028)
TABLE 012. ENZYMES MARKET OVERVIEW (2016-2028)
TABLE 013. ANTIOXIDANTS MARKET OVERVIEW (2016-2028)
TABLE 014. AMINO ACIDS MARKET OVERVIEW (2016-2028)
TABLE 015. VITAMINS MARKET OVERVIEW (2016-2028)
TABLE 016. MINERALS MARKET OVERVIEW (2016-2028)
TABLE 017. ANIMAL FEED MARKET BY FORM
TABLE 018. CRUMBLES MARKET OVERVIEW (2016-2028)
TABLE 019. PELLETS MARKET OVERVIEW (2016-2028)
TABLE 020. MASH MARKET OVERVIEW (2016-2028)
TABLE 021. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 022. ANIMAL FEED MARKET BY SPECIES
TABLE 023. RUMINANTS MARKET OVERVIEW (2016-2028)
TABLE 024. POULTRY MARKET OVERVIEW (2016-2028)
TABLE 025. AQUA MARKET OVERVIEW (2016-2028)
TABLE 026. SWINE MARKET OVERVIEW (2016-2028)
TABLE 027. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 028. ANIMAL FEED MARKET BY DISTRIBUTION CHANNELS
TABLE 029. SPECIAL ANIMAL MEDICAL STORE MARKET OVERVIEW (2016-2028)
TABLE 030. ONLINE MARKET OVERVIEW (2016-2028)
TABLE 031. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 032. NORTH AMERICA ANIMAL FEED MARKET, BY TYPE (2016-2028)
TABLE 033. NORTH AMERICA ANIMAL FEED MARKET, BY FORM (2016-2028)
TABLE 034. NORTH AMERICA ANIMAL FEED MARKET, BY SPECIES (2016-2028)
TABLE 035. NORTH AMERICA ANIMAL FEED MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 036. N ANIMAL FEED MARKET, BY COUNTRY (2016-2028)
TABLE 037. EUROPE ANIMAL FEED MARKET, BY TYPE (2016-2028)
TABLE 038. EUROPE ANIMAL FEED MARKET, BY FORM (2016-2028)
TABLE 039. EUROPE ANIMAL FEED MARKET, BY SPECIES (2016-2028)
TABLE 040. EUROPE ANIMAL FEED MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 041. ANIMAL FEED MARKET, BY COUNTRY (2016-2028)
TABLE 042. ASIA PACIFIC ANIMAL FEED MARKET, BY TYPE (2016-2028)
TABLE 043. ASIA PACIFIC ANIMAL FEED MARKET, BY FORM (2016-2028)
TABLE 044. ASIA PACIFIC ANIMAL FEED MARKET, BY SPECIES (2016-2028)
TABLE 045. ASIA PACIFIC ANIMAL FEED MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 046. ANIMAL FEED MARKET, BY COUNTRY (2016-2028)
TABLE 047. MIDDLE EAST & AFRICA ANIMAL FEED MARKET, BY TYPE (2016-2028)
TABLE 048. MIDDLE EAST & AFRICA ANIMAL FEED MARKET, BY FORM (2016-2028)
TABLE 049. MIDDLE EAST & AFRICA ANIMAL FEED MARKET, BY SPECIES (2016-2028)
TABLE 050. MIDDLE EAST & AFRICA ANIMAL FEED MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 051. ANIMAL FEED MARKET, BY COUNTRY (2016-2028)
TABLE 052. SOUTH AMERICA ANIMAL FEED MARKET, BY TYPE (2016-2028)
TABLE 053. SOUTH AMERICA ANIMAL FEED MARKET, BY FORM (2016-2028)
TABLE 054. SOUTH AMERICA ANIMAL FEED MARKET, BY SPECIES (2016-2028)
TABLE 055. SOUTH AMERICA ANIMAL FEED MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 056. ANIMAL FEED MARKET, BY COUNTRY (2016-2028)
TABLE 057. CARGILL INCORPORATED: SNAPSHOT
TABLE 058. CARGILL INCORPORATED: BUSINESS PERFORMANCE
TABLE 059. CARGILL INCORPORATED: PRODUCT PORTFOLIO
TABLE 060. CARGILL INCORPORATED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. BASF SE: SNAPSHOT
TABLE 061. BASF SE: BUSINESS PERFORMANCE
TABLE 062. BASF SE: PRODUCT PORTFOLIO
TABLE 063. BASF SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. SKM ANIMALS FEEDS AND FOODS INDIA LTD: SNAPSHOT
TABLE 064. SKM ANIMALS FEEDS AND FOODS INDIA LTD: BUSINESS PERFORMANCE
TABLE 065. SKM ANIMALS FEEDS AND FOODS INDIA LTD: PRODUCT PORTFOLIO
TABLE 066. SKM ANIMALS FEEDS AND FOODS INDIA LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. ADISSEO FRANCE S.A.S: SNAPSHOT
TABLE 067. ADISSEO FRANCE S.A.S: BUSINESS PERFORMANCE
TABLE 068. ADISSEO FRANCE S.A.S: PRODUCT PORTFOLIO
TABLE 069. ADISSEO FRANCE S.A.S: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. DUPONT DANISCO ANIMAL NUTRITION: SNAPSHOT
TABLE 070. DUPONT DANISCO ANIMAL NUTRITION: BUSINESS PERFORMANCE
TABLE 071. DUPONT DANISCO ANIMAL NUTRITION: PRODUCT PORTFOLIO
TABLE 072. DUPONT DANISCO ANIMAL NUTRITION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. GODREJ AGROVET LTD: SNAPSHOT
TABLE 073. GODREJ AGROVET LTD: BUSINESS PERFORMANCE
TABLE 074. GODREJ AGROVET LTD: PRODUCT PORTFOLIO
TABLE 075. GODREJ AGROVET LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. ARCHER DANIEL MIDLAND: SNAPSHOT
TABLE 076. ARCHER DANIEL MIDLAND: BUSINESS PERFORMANCE
TABLE 077. ARCHER DANIEL MIDLAND: PRODUCT PORTFOLIO
TABLE 078. ARCHER DANIEL MIDLAND: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. ELANCO ANIMAL HEALTH: SNAPSHOT
TABLE 079. ELANCO ANIMAL HEALTH: BUSINESS PERFORMANCE
TABLE 080. ELANCO ANIMAL HEALTH: PRODUCT PORTFOLIO
TABLE 081. ELANCO ANIMAL HEALTH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 081. NOVUS INTERNATIONAL: SNAPSHOT
TABLE 082. NOVUS INTERNATIONAL: BUSINESS PERFORMANCE
TABLE 083. NOVUS INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 084. NOVUS INTERNATIONAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 084. BIOMIN: SNAPSHOT
TABLE 085. BIOMIN: BUSINESS PERFORMANCE
TABLE 086. BIOMIN: PRODUCT PORTFOLIO
TABLE 087. BIOMIN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 087. KEMIN INDUSTRIES: SNAPSHOT
TABLE 088. KEMIN INDUSTRIES: BUSINESS PERFORMANCE
TABLE 089. KEMIN INDUSTRIES: PRODUCT PORTFOLIO
TABLE 090. KEMIN INDUSTRIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 090. ALLTECH: SNAPSHOT
TABLE 091. ALLTECH: BUSINESS PERFORMANCE
TABLE 092. ALLTECH: PRODUCT PORTFOLIO
TABLE 093. ALLTECH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 093. SUMITOMO CHEMICAL: SNAPSHOT
TABLE 094. SUMITOMO CHEMICAL: BUSINESS PERFORMANCE
TABLE 095. SUMITOMO CHEMICAL: PRODUCT PORTFOLIO
TABLE 096. SUMITOMO CHEMICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 096. MEIHUA GROUP: SNAPSHOT
TABLE 097. MEIHUA GROUP: BUSINESS PERFORMANCE
TABLE 098. MEIHUA GROUP: PRODUCT PORTFOLIO
TABLE 099. MEIHUA GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 099. GLOBAL BIO-CHEM: SNAPSHOT
TABLE 100. GLOBAL BIO-CHEM: BUSINESS PERFORMANCE
TABLE 101. GLOBAL BIO-CHEM: PRODUCT PORTFOLIO
TABLE 102. GLOBAL BIO-CHEM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 102. DOWDUPONT: SNAPSHOT
TABLE 103. DOWDUPONT: BUSINESS PERFORMANCE
TABLE 104. DOWDUPONT: PRODUCT PORTFOLIO
TABLE 105. DOWDUPONT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 105. CJ GROUP: SNAPSHOT
TABLE 106. CJ GROUP: BUSINESS PERFORMANCE
TABLE 107. CJ GROUP: PRODUCT PORTFOLIO
TABLE 108. CJ GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 108. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 109. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 110. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 111. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. ANIMAL FEED MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. ANIMAL FEED MARKET OVERVIEW BY TYPE
FIGURE 012. ROUGHAGES MARKET OVERVIEW (2016-2028)
FIGURE 013. CONCENTRATES MARKET OVERVIEW (2016-2028)
FIGURE 014. ACIDIFIERS MARKET OVERVIEW (2016-2028)
FIGURE 015. PROBIOTICS MARKET OVERVIEW (2016-2028)
FIGURE 016. ENZYMES MARKET OVERVIEW (2016-2028)
FIGURE 017. ANTIOXIDANTS MARKET OVERVIEW (2016-2028)
FIGURE 018. AMINO ACIDS MARKET OVERVIEW (2016-2028)
FIGURE 019. VITAMINS MARKET OVERVIEW (2016-2028)
FIGURE 020. MINERALS MARKET OVERVIEW (2016-2028)
FIGURE 021. ANIMAL FEED MARKET OVERVIEW BY FORM
FIGURE 022. CRUMBLES MARKET OVERVIEW (2016-2028)
FIGURE 023. PELLETS MARKET OVERVIEW (2016-2028)
FIGURE 024. MASH MARKET OVERVIEW (2016-2028)
FIGURE 025. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 026. ANIMAL FEED MARKET OVERVIEW BY SPECIES
FIGURE 027. RUMINANTS MARKET OVERVIEW (2016-2028)
FIGURE 028. POULTRY MARKET OVERVIEW (2016-2028)
FIGURE 029. AQUA MARKET OVERVIEW (2016-2028)
FIGURE 030. SWINE MARKET OVERVIEW (2016-2028)
FIGURE 031. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 032. ANIMAL FEED MARKET OVERVIEW BY DISTRIBUTION CHANNELS
FIGURE 033. SPECIAL ANIMAL MEDICAL STORE MARKET OVERVIEW (2016-2028)
FIGURE 034. ONLINE MARKET OVERVIEW (2016-2028)
FIGURE 035. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 036. NORTH AMERICA ANIMAL FEED MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 037. EUROPE ANIMAL FEED MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 038. ASIA PACIFIC ANIMAL FEED MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 039. MIDDLE EAST & AFRICA ANIMAL FEED MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 040. SOUTH AMERICA ANIMAL FEED MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Animal Feed Market research report is 2024-2032.
Cargill Incorporated (US), ADM (Archer Daniels Midland) (US), Phibro Animal Health Corporation (US), NOVUS INTERNATIONAL INC. (US), Purina Animal Nutrition LLC (US), Kemin Industries Inc. (US), Kent Nutrition Group (US), Alltech (US), Land O'Lakes (US), Tyson Foods (US), BASF SE (Germany), Evonik Industries AG (Germany), Vetsfarma Ltd. (UK), Nutreco (Netherlands), De Heus Animal Nutrition (Netherlands), DSM (Netherlands), Yara (Norway), Perstorp (Sweden), Nutrex.EU (Belgium), Henraajh Feeds India Pvt. Ltd. (India), New Hope Group (China), Guangxi Yangxiang Co., Ltd. (China), Weston Stockfeed New Zealand (New Zealand), JAPFA LTD (Indonesia), Charoen Pokphand Foods PCL (Thailand) and Other Major Players.
The Animal Feed Market is segmented into Product, Animal Type, Form, Ingredient, Distribution Channel, End User, and region. By Product, the market is categorized into Cereal Grains, Protein Meals, Milk Replacer, and Feed Additives. By Animal Type, the market is categorized into Ruminants, Swine, Poultry, Aquaculture, Pets, and Equine. By Form, the market is categorized into Pellets, Crumbles, Mash, Liquid, and Frozen. By Ingredient, the market is categorized into Plant-based feed, Animal-based feed, and Additives. By Distribution Channel, the market is categorized into Direct sales to farmers, Retail stores, and Online platforms. By End User, the market is categorized into Feed Manufacturers, Contract Manufacturers, Livestock Producers, Commercial farms, and Household/family farms. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Animal feed is a blend of grains, protein, vitamins, and minerals for livestock, poultry, and aquaculture. It supports growth, health, and productivity, and is crucial in modern agriculture. Well-balanced feed formulations improve feed conversion rates and contribute to producing high-quality meat, eggs, milk, and other animal-derived products for human consumption.
Animal Feed Market Size Was Valued at USD 596.97 Billion in 2023, and is Projected to Reach USD 910.34 Billion by 2032, Growing at a CAGR of 4.8% From 2024-2032.