Animal Feed Market Size, Industry Share and Total Revenue Growth Rate Till 2027| Cargill, Incorporated, BASF SE, DuPont, Evonik Industries AG

Animal Feed Market is expected to gain with a stagnant market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the steady CAGR of 4.1% in the forecast period of 2020 to 2027 and expected to reach USD 193,265.48 million by 2027 from USD 140,744.17 million in 2019. Modernization and growth of aquaculture & livestock feed sectors and growing demand of edible meat are the driving factors for the market growth.

Animal Feed Industry research report provides key analysis of the market status of the Animal Feed manufacturers with market size, growth, share, trends as well as industry cost structure. Global Animal Feed Market Report gives vital information related to the overall market and price forecast over a five-year period, from 2020 to 2027.

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How will the report help new companies to plan their investments in the Animal Feed market?

The Animal Feed market research report classifies the competitive spectrum of this industry in elaborate detail. The study claims that the competitive reach spans the companies of.
The report also mentions about the details such as the overall remuneration, product sales figures, pricing trends, gross margins, etc.
Information about the sales & distribution area alongside the details of the company, such as company overview, buyer portfolio, product specifications, etc., are provided in the study.

Animal Feed Market Synopsis 2020-2027: Animal feed is referred to as the nutritious food with high levels of proteins, minerals and vitamins given to the livestock, farm and aquatic animals. It is mainly consumed by the domestic animals in the animal husbandry in the form of fodder, hay, silage, pelleted feeds, oilseeds, sprouted grains, forage, among others. Animal feed is an important component of animal rearing and it keeps varying with the purpose of rearing animals for production of meat, eggs or milk.

Outbursts of diseases via animals as well as ban on the use of antibiotic growth promoters (AGPS) on animals are driving the growth of market. Rapid increasing population of pets and domesticated animals and growing demand of edible meat will also drive the market. Implementing alternative feeding strategies that foster efficiency in modern animal nutrition will further create new opportunities that will impact this animal feed market growth in the forecast period to 2027.

List of the TOP KEY PLAYERS that are operating in the global Animal Feed Market are Cargill, Incorporated, BASF SE, DuPont, Archer Daniels Midland Company, Evonik Industries AG, Solvay, Kemin Industries, Inc., Alltech, DSM, Nutreco (A subsidiary of SHV Holdings N.V.), Tyson Foods, Inc., AJINOMOTO CO.,INC., George Weston Foods Limited, AMBOS Stockfeeds, AUSTRALIAN PREMIUM FEEDS, Chr. Hansen Holding A/S, INVIVO, Charoen Pokphand Group, New Hope Group, Guangdong Haid Group Co., Ltd. among other players in Asia-Pacific. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Global Animal Feed Market In-depth Segmentation:

By Type (Amino Acid, Minerals, Vitamins, Acidifiers, Mycotoxin Detoxifiers, Enzymes, Phosphate, Carotenoids, Antioxidants, Flavors & Sweeteners, Antibiotics, sNon-Protein Nitrogen and Others)

By Livestock (Swine, Poultry, Ruminants, Aquatic Animals and Others), Form (Dry and Liquid),

By Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa)

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Few Of The Major Competitors Currently Working In Global Animal Feed Market Are Cargill, Incorporated, BASF SE, DuPont, Archer Daniels Midland Company, Evonik Industries AG, Solvay, Kemin Industries, Inc., Alltech, DSM, Nutreco (A subsidiary of SHV Holdings N.V.), Tyson Foods, Inc., AJINOMOTO CO.,INC., George Weston Foods Limited, AMBOS Stockfeeds, AUSTRALIAN PREMIUM FEEDS, Chr. Hansen Holding A/S, INVIVO, Charoen Pokphand Group, New Hope Group, Guangdong Haid Group Co., Ltd. among other players in Asia-Pacific. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

The Animal Feed Market report highlights the key players and the latest strategies including company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, new product launches, partnerships, joint ventures, product width and breadth, application dominance, technology lifeline curve, segmentation in terms of region and industry competition, profit and loss ratio, and investment ideas.

Global Animal Feed Research Methodology

Data Bridge Market Research presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers.

Asia-Pacific Animal Feed Market Scope and Market Size

Animal feed market is segmented on the basis of type, livestock and form. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Based on type, the market is segmented into amino acid, minerals, vitamins, acidifiers, mycotoxin detoxifiers, enzymes, phosphate, carotenoids, antioxidants, flavors & sweeteners, antibiotics, non-protein nitrogen and others. Amino acids had accounted for the maximum share as they are mainly responsible for building blocks of tissues and milk proteins in animals and any deficiency of amino acid breaks the immune response and reduces the production in animals. Animal feed thus, accompanies with amino acids in most of the cases and thus is dominating the animal feed market in Asia-Pacific. For instance, with the growth of swine livestock farms by 7%-12%, the demand for amino acids is expected to increase, as they act as the best source for protein and peptides in animals.

Based on livestock, the market is segmented into swine, poultry, ruminants, aquatic animals and others. The increased demand and consumption of meat and meat based proteins in the Asia-Pacific countries makes the swine livestock the dominating livestock segment in the Asia-Pacific animal feed market. For instance, in China, pork accounts for 62.7% residents' meat consumption. So, with the increasing consumption of pork, the demand to produce more swine is expected to increase, thus requiring animal feed for their growth.

Based on form, the market is segmented into dry and liquid. The growing demand for dry feed form for farm animals is dominating the market since the domesticated livestock fed with liquid food also comprises some part of dry feed and fodder. For instance, in China, the consumption of dried livestock feed has increased from 15 to 107 Tg in 2018, showing 17% more consumption than liquid feedstocks.

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