Animal Feed Ingredients Market to Witness Huge Growth (CAGR of 3.7%) by 2024: Key Players Cargill, ADM, COFCO, Bunge, Louis Dreyfus, Wilmar International, Beidahuang Group, Ingredion Incorporated

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. 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.

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According to this study, over the next five years the Animal Feed Ingredients market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 360800 million by 2024, from US$ 290100 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Animal Feed Ingredients business, shared in Chapter 3.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Animal Feed Ingredients market by product type, application, key manufacturers and key regions and countries.

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This study considers the Animal Feed Ingredients value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Corn
Soybean Meal
Wheat
Fishmeal
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Chickens
Pigs
Cattle
Fish
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

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Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Cargill
ADM
COFCO
Bunge
Louis Dreyfus
Wilmar International
Beidahuang Group
Ingredion Incorporated

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Animal Feed Ingredients consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Animal Feed Ingredients market by identifying its various subsegments.
Focuses on the key global Animal Feed Ingredients manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Animal Feed Ingredients with respect to individual growth trends, future prospects, and their contribution to the total market.

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