Press release
Animal Food Market 2020 Business Strategy – Chomp; Newman's Own Organic; BilJac Foods Inc.; Annamaet PetFoods
Animal Food Global Market Report 2020-30: Covid 19 Impact and RecoveryThe 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.
This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. It offers critical information pertaining to the current and future growth of the market.
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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.
The following Companies are covered
Chomp; Newman's Own Organic; BilJac Foods Inc.; Annamaet PetFoods; Bell Rock Growers Inc.
Asia Pacific was the largest region in the global animal food market, accounting for 38% of the market in 2019. Western Europe was the second largest region accounting for 25% of the global animal food market. Africa was the smallest region in the global animal food market.
Market Segmentation by Types:
1) By Type: Poultry Feed; Cattle Feed; Aquaculture Feed; Other Animal Food
2) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; E-Commerce; Others
3) By Ingredients: Cereal; Oilseed Meal; Supplements; Other Ingredients
Subsegments C
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. For instance, in October 2017, a biotech company, InnovaFeed partnered with Tereos to produce a new source of proteins derived from the breeding of insects to meet the growing requirements of the animal feed sector
The Main objectives of this report are:
• To analyze global Animal Food status, future forecast, growth opportunity, key market and key players.
• To present the Animal Food development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.
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The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report’s an invaluable resource for industry executives, Marketing, Sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Table of Contents: -
1. Global Animal Food Market Overview
2. Global Animal Food Market Competitions by Manufacturers
3. Global Animal Food Capacities, Production, Revenue (Value) by Region
4. Global Animal Food Supply (Production), Consumption, Export, Import by Region
5. Global Animal Food Productions, Revenue (Value), Price Trend by Type
6. Global Animal Food Market Analyses by Application
7. Global Animal Food Manufacturers Profiles/Analysis
8. Animal Food Manufacturing Cost Analysis
9. Industrial Chain, Sourcing Strategy and Downstream Buyers
10. Marketing Strategy Analyses, Distributors/Traders
11. Market Effect Factors Analysis
12. Global Animal Food Market Forecast
13. Research Findings and Conclusion
14. Appendixes
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Furthermore, this study will help to solve the following issues:
• Cyclical Dynamics-Report foresee dynamics of industries by using core analytical and unconventional market research approaches.
• Identifying key cannibalizes– Strong substitute of a product or service is the most prominent threat. Report includes key cannibalizes of a market, by procuring market research. This helps in aligning new product development/launch strategies in advance.
• Spotting emerging trends- Report helps to spot upcoming hot market trends. Report also track possible impact and disruptions which a market would witness by a particular emerging trend.
• Interrelated opportunities- This report will allow to make decisions based on data, thereby increasing the chances that the strategies will perform better.
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Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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