Global Animal Food Market Size Predicts Favourable Growth And Forecast 2020 – 2023

The Business Research Company offers "Animal Food Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global animal food market is expected to grow from $231.8 billion in 2019 to $239.8 billion in 2020 at a compound annual growth rate (CAGR) of 3.5%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $299.8 billion in 2023.

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The animal food market consists of sales of animal foods by entities (organizations, sole traders and partnerships) that produce animal food (except dog and cat food and cattle feed), such as fish food, livestock feeds, poultry feeds, bird feeds, earthworm food, rabbit food and others.

Companies in the animal foods industry are increasingly producing bio-based/natural inputs including insect-based food using feed technology that supports health and vigor of the animal population. These bio-based feeds are natural, safe and of high quality, uphold high standards of care and nutrition for animals and optimize their production.

Animal Food Market Segmentation:
By Type
1. Poultry Feed
2. Cattle Feed
3. Aquaculture Feed
4. Other Animal Food

By Distribution Channel
1. Supermarkets/Hypermarkets
2. Convenience Stores
3. E-Commerce
4. Others

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Animal Food Market Characteristics
4. Animal Food Market Product Analysis
5. Animal Food Market Supply Chain
……
20. Key Mergers And Acquisitions In The Animal Food Market
21. Market Background: Animal And Pet Food Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the animal food market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the animal food market are Chomp, Newman`s Own Organic, BilJac Foods Inc., Annamaet PetFoods, Bell Rock Growers Inc.

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

This release was published on openPR.