Animal Feed Market

Animal Feed Market Size, Share & Trends Analysis Report

Animal Feed Market

Published
Report ID : AIMR 1686
Number of pages : 300
Published Date : Mar 2024
Category : Agriculture
Delivery Timeline : 48 hrs

Global Animal Feed Market Overview

The projected growth of the Animal Feed Market indicates a rise to USD 7,80,426.7 million by 2030, with a compound annual growth rate (CAGR) of 4.75% expected during the forecast period from 2022 to 2030. Major market drivers boosting the demand for animal feed include the increasing demand for meat and animal-based products, along with a rise in livestock production. Additionally, the growing health consciousness among consumers has led to a surge in the popularity of dairy and meat products as sources of various nutrients, thereby positively impacting the demand for animal feed.

 

Key Companies in the animal feed market include

  • Neovia Group (France)
  • Archer Daniels Midland (ADM) Company (U.S.)
  • COFCO Limited (Hong Kong)
  • New Hope Group (China)
  • ForFarmers N.V. (The Netherlands)
  • Charoen Pokphand Group (Thailand)
  • Cargill Inc. (U.S.)
  • Japfa Comfeed Indonesia Tbk (Indonesia)
  • NUTRECO N.V. (The Netherlands)
  • Land 'O Lakes Inc. (U.S.), among others

Animal Feed Industry Developments

July 2020: Kemin Industries unveiled architectural renderings of its forthcoming quality control laboratory at its Des Moines, Iowa headquarters, aimed at enhancing its capabilities in innovation and research.

March 2020: Alltech announced a partnership with aqua feed nutrition company Corey Nutrition to bolster its portfolio of feed products tailored for fish farmers across North America.

December 2021: BASF introduced Natupulse TS, an enzyme specifically designed for animal feed, which targets non-starch polysaccharides (NSPs). This endo-1,4-ß-D-mannanase (MOS) breaks down ß-mannans into smaller components like manno-oligosaccharides. Its inclusion in feed reduces viscosity, enhances digestibility, and promotes sustainability.

Animal Feed Market Segmentation

Animal Feed Form Outlook

  • Pellets
  • Crumbles

Animal Feed Species Outlook

  • Poultry
  • Aqua

Animal Feed Regional Outlook

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Rest of the World
    • Middle East
    • Africa
    • Latin America
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Country
Regions and Country

North America

  • U.S.
    U.S.
  • Canada
    Canada

Europe

  • Germany
    Germany
  • France
    France
  • U.K.
    U.K.
  • Italy
    Italy
  • Spain
    Spain
  • Sweden
    Sweden
  • Netherlands
    Netherlands
  • Turkey
    Turkey
  • Switzerland
    Switzerland
  • Belgium
    Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
    South Korea
  • Japan
    Japan
  • China
    China
  • India
    India
  • Australia
    Australia
  • Philippines
    Philippines
  • Singapore
    Singapore
  • Malaysia
    Malaysia
  • Thailand
    Thailand
  • Indonesia
    Indonesia
  • Rest of APAC

Latin America

  • Mexico
    Mexico
  • Colombia
    Colombia
  • Brazil
    Brazil
  • Argentina
    Argentina
  • Peru
    Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
    Saudi Arabia
  • UAE
    UAE
  • Egypt
    Egypt
  • South Africa
    South Africa
  • Rest of MEA

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