Animal Feed Market is predicted to thrive at a CAGR of 3.40% over the period 2019-2025

Knowledge Sourcing Intelligence announces the publication of a new report on "Animal Feed Market- Forecasts from 2020 to 2025" to their offering. The animal feed market is growing due to an increase in the consumption of meat, egg, and milk products. Animal feed is required for improving the health of animals, regulating food chain, growth, weight gain, and develop immunity.

This report provides forecast and analysis of the animal feed market which is estimated to surge from US$362.323billion in 2019 to US$442.812 billion by 2025. Animal Feed refers to the products which help in improving animal's health. Animal feed market is growing due to the rise in the consumption of milk products, meat, eggs, and other end products. Animal Feed is helping animals to get nutrients, growth, weight gain, and develop immunity. Animal feed helps in proper regulation of animal's food chain and helps in protecting them from diseases. The shift from unorganized to organized livestock farming combined with growing population of animals is increasing the demand for animal livestock. Animal farming and consumption of animal protein is essential for maintaining the nutrition level in an individual.

The animal feed is segmented by Type, by Livestock, by Raw Material, and geography. Segmentation by Type is by Fodder, Forage, and Compound Feed. Segmentation on the basis of livestock is by Pork, Aquatic Animals, Cattle, Poultry, and others. Segmentation on the basis of Raw Material is by Soya, Canola, and Rendered Meal.

By geography, the animal feed market has been segmented as Americas, Europe, the Middle East and Africa, and the Asia Pacific. The Asia Pacific market is projected to hold the dominating share in the market due to expanding the middle-class population with an increasing family income making them have the ability to spend on fulfilling their nutrition needs. Growing awareness regarding consumption of animal protein is also growing the market.

Some of the major players covered as part of the report Alltech, Cargill Incorporated, Kemin Industries, Inc., Nutreco N.V., Charoen Pokphand Foods PCL, BRF S.A., Purina Animal Nutrition LLC. New Hope Group, among others.

This report segmented the Animal Feed market on the basis following terms:
o By Type
o Fodder
o Forage
o Compound Feed

o By Livestock
o Pork
o Aquatic Animals
o Cattle
o Poultry
o Others

o By Raw Material
o Soya
o Canola
o Rendered Meal
o By Geography

o North America
o United States
o Canada
o Mexico

o South America
o Brazil
o Argentina
o Others

o Europe
o Germany
o France
o UK
o Spain
o Others

o Middle East and Africa
o Israel
o Saudi Arabia
o Others

o Asia Pacific
o China
o Japan
o South Korea
o India
o Others

Purchase complete report or request sample: https://www.knowledge-sourcing.com/report/animal-feed-market

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

This release was published on openPR.