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Supremacy of North America in Organic Feed Market will Persist, Yet Europe to Illustrate Comparatively Faster Growth || Key Players: Land O’Lakes Inc, SunOpta Inc, ForFarmers NV, Scratch and Peek Feeds
Regulations apropos of organic feed, which ensure utilization of purest methods of production, have led to lack of commercially available & permitted organic feed ingredients. Established stakeholders in the organic feed market are aiming to improve relationship between the requirements of the livestock sector and the organic feed, while complying with organic farming regulations and address sustainability challenges. A recent study of Fact.MR envisages that organic feed market to record an impressive 7.6% volume CAGR between the period of forecast, 2018 and 2028.
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With consumer demand for organic and natural foods witnessing a steady rise, several technologies are being adopted by organic feed producers, who aim at enhancing the animal performance via organic and natural solutions. Aiding production of high-quality meat, enabling weight-gain in animals while improving performance of their digestive system, are key attributes of organic feed that have spurred their demand in the animal feedstock industry.
The report includes company profiles of key producers of organic feed and the revenue procured from leading companies across North America, Europe, Latin America, CIS & Russia, Japan, AsiaPacific excluding Japan (APEJ), and Middle East & Africa (MEA). By form type, the organic feed market is segmented into pellet, crumbles and others. Based on end use, the organic feed market is segmented into poultry, ruminant, swine, aquaculture, and other end-use. Based on sales channel, the organic feed market is segmented into business to business, and business to customer (specialty stores, online sales channel, and other).
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The organic feed market continues to witness a major demand-supply gap, with one of the major impediments being absence of certified organic feed. Organic feed producers are continuing to innovate and invest at the mill level, meanwhile partnering with relevant industries for addressing the rising requirement. Progress at the feed supply and mill level is likely to become the game changer for the organic poultry and meat production, which in turn is poised to positively impact growth of the organic feed market.
Fact.MR has profiled some of the most prominent companies active in the global organic feed market such as Cargill Incorporated, Land O’Lakes Inc, SunOpta Inc, ForFarmers NV, Scratch and Peek Feeds, Feedex Companies LLC, Kreamer Feed, LLC, Aus Organic Feed, and Green Mountain Feeds. The key market players in organic feed market are focusing on backward integration for business development and expansion of their existing production capabilities.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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