Press release
Animal Feed Ingredients Market will reach 360800 million US$ in 2023
A feed ingredient is a component part or constituent or any combination/mixture added to and comprising the feed. Feed ingredients might include grains, Wheat, added vitamins, Fishmeal, Others, and other nutritional and energy sources.
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Global Animal Feed Ingredients Market: Forecast by Type / Application / Region
The aforementioned remarks show that the recent growth in soybean and maize demand has, to a large degree, been driven by increasing demand from the animal feed industry. The key beneficiaries of this demand uptick have been South America and the US, with other regions of the world standing on the consumption end of the value-chain. While Africa’s maize production has increased over the recent past, the continent remains a net importer of soybean products. This soybean and maize demand from animal feed industries is likely to prevail over the foreseeable future. Therefore, African farmers should consider increasing domestic soybean production in the coming seasons, as a way to substitute for the ever-growing imports of soybean products.
The worldwide market for Animal Feed Ingredients is expected to grow at a CAGR of roughly 3.7% over the next five years, will reach 360800 million US$ in 2023, from 290100 million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Animal Feed Ingredients in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Nonferrous Metal Recycling Market:Key Players
Cargill
ADM
COFCO
Bunge
Louis Dreyfus
Wilmar International
Beidahuang Group
Ingredion Incorporated
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Related Information:
United States Animal Feed Ingredients Market 2018 Forecast to 2023
Europe Animal Feed Ingredients Market 2018 Forecast to 2023
North America Animal Feed Ingredients Market 2018 Forecast to 2023
Asia-Pacific Animal Feed Ingredients Market 2018 Forecast to 2023
China Animal Feed Ingredients Market 2018 Forecast to 2023
EMEA Animal Feed Ingredients Market 2018 Forecast to 2023
Global Animal Feed Ingredients Market 2018 Forecast to 2023
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