According to IMARC Group’s latest report, titled “Animal Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global animal feed market reached a value of US$ 448 Billion in 2020. Animal feed includes raw, processed, and semi-processed products grown and manufactured for the consumption of poultry, swine, ruminants, and aquatic animals. It is rich in fibers, proteins, carbohydrates, minerals, antibiotics, and antioxidants. It aids in maintaining the overall health of animals and improving the quality of animal products like eggs, milk, and meat.
Request for a PDF sample of this report: https://www.imarcgroup.com/animal-feed-market/requestsample
Due to the growing health-consciousness among consumers, there is a considerable rise in the sales of dairy and meat products across the globe. This, in confluence with the escalating demand for algae-based ingredients in animal feed, is propelling the growth of the market. Microalgae assists in providing essential nutrients to livestock for their early development. Furthermore, the vendors are focusing on incorporating non-Genetically Modified Organisms (non-GMO) crops in animal feed to meet the requirement of end users for all-natural food sources. Other major factors, including extensive research and development (R&D) activities, coupled with various initiatives undertaken by governing agencies for promoting quality animal feed, are anticipated to impel the market growth. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.5% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Archer-Daniels-Midland Company
- Cargill Incorporated
- Charoen Pokphand Group
- Dupont De Nemours Inc.
- Evonik Industries AG (RAG-Stiftung)
- ForFarmers N.V.
- Kemin Industries Inc.
- Nutreco N.V (SHV Holdings)
- Perdue Farms Inc.
- Tyson Foods Inc.
Breakup by Form:
Breakup by Animal Type:
- Dairy Cattle
- Beef Cattle
Breakup by Ingredient:
- Oilseed Meal
- Fish Oil and Fish Meal
- Amino Acids
- Feed Enzymes
- Feed Acidifiers
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/animal-feed-market
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Alginate Market: https://www.imarcgroup.com/alginate-market
Argan Oil Market: https://www.imarcgroup.com/argan-oil-market
Contract Catering Market: https://www.imarcgroup.com/contract-catering-market
Food Contact Paper and Board Market: https://www.imarcgroup.com/food-contact-paper-board-market
Cereal Bars Market: https://www.imarcgroup.com/cereal-bars-market
CBD Gummies Market: https://www.imarcgroup.com/cbd-gummies-market
Organic Seafood Market: https://www.imarcgroup.com/organic-seafood-market
North America Whole Milk Powder: https://www.imarcgroup.com/north-america-whole-milk-powder-market
North America Vegetable Oil Market: https://www.imarcgroup.com/vegetable-oil-processing-plant
Ready to Eat (RTE) Food Market: https://www.imarcgroup.com/ready-to-eat-food-market
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US: IMARC Group 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: [email protected] Tel No:(D) +91 120 433 0800 Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800