Press release
Animal Feed Market Size, Trends, In-depth Analysis, and Research Report Forecast up to 2028: Kemin Industries, Inc. and Nutreco N.V. are key players.
The animal feed market is expected to grow at a CAGR of 3.96% to reach a market size worth US$508.531 billion by 2028.The prime factors propelling the growth of the animal feed market are increasing demand for meat and dairy products, growth in the aquaculture industry, rising concerns about animal health and nutrition, and advancements in technology for feed production.
The report shows that the animal feed market is expected to grow robustly during the forecast period.
Animal feed is a critical component of the global food supply chain, as it provides the necessary nutrients for animals to grow and produce food products such as meat, milk, and eggs. The animal feed market is influenced by various factors, including shifts in consumer preferences for animal-based products, changes in animal husbandry practices, advancements in feed technology, and regulations governing animal welfare and food safety.
Sample request or complete report can be purchased through the link below:
https://www.knowledge-sourcing.com/report/animal-feed-market
The animal feed market has been segmented into type, livestock, raw material, and geography.
The market has been classified into fodder & forage, and compound feed by type. Fodder & forage refers to the naturally occurring plant materials fed to livestock and other animals. The fodder & forage market includes products such as hay, silage, and pasture grasses. The fodder & forage segment is primarily driven by the demand for natural and organic feed products, which are perceived to be healthier and more environmentally sustainable than synthetic feed products. Compound feed refers to processed products manufactured using a combination of different ingredients, such as grains, oilseeds, and protein sources. The compound feed market includes pellets, concentrates, and mixed feeds.
The market has been classified by livestock into pork, aquatic animals, cattle, poultry, and others. The demand for pork meat, a significant protein source in many parts of the world, primarily drives the pork feed market. In addition, the nutritional requirements of pigs vary depending on their age, weight, and breeding purposes, which creates a demand for specialized feed products. The aquatic animal feed market includes fish feed, shrimp feed, and other aquatic animal feed products. The aquatic animal feed market is primarily driven by the growth of the aquaculture industry, which has expanded rapidly in recent years to meet the increasing demand for seafood products. Poultry feed typically consists of grains, protein sources, and supplements such as vitamins and minerals.
The market has been classified by raw material, soy, corn, rendered meal, etc. The soy feed market is primarily driven by the high protein content of soybean meal, which makes it an attractive ingredient for animal feed manufacturers. Soybean meal is a by-product of soybean oil extraction and is widely used as a protein source in animal feeds for poultry, swine, and aquaculture. Corn is also a versatile ingredient used in different forms, such as corn grain, corn gluten feed, and corn gluten meal. The rendered meal market is influenced by factors such as the availability and cost of raw materials, government regulations related to food safety and animal welfare, and the development of alternative protein sources such as insect meal and plant-based proteins.
The market is classified geographically into North America, South America, Europe, Middle East and Africa and the Asia Pacific. The North American animal feed market is one of the largest in the world, driven by strong demand for meat and dairy products. The Asia Pacific animal feed market is one of the fastest-growing markets in the world, driven by a rapidly expanding population and increasing urbanization. The market is characterized by many small and medium-sized companies, with China, India, and Japan being the most significant markets.
The major players operating in the animal feed market are Alltech, Cargill, Incorporated, Kemin Industries, Inc., Nutreco N.V., Charoen Pokphand Foods PCL, BRF S.A., Purina Animal Nutrition LLC., New Hope Group, ADM Animal Nutrition, and Kent Nutrition Group.
This Animal Feed Market has been analyzed into the following segments:
• By Type
o Fodder & Forage
o Compound Feed
• By Livestock
o Pork
o Aquatic animal
o Cattle
o Poultry
o Others
• By Raw Material
o Soy
o Corn
o Rendered Meal
o Others
• By Geography
o North Americas
• USA
• Canada
• Mexico
o South America
• Brazil
• Argentina
• Others
o Europe
• UK
• Germany
• France
• Spain
• Italy
• Others
o Middle East & Africa
• Saudi Arabia
• UAE
• Israel
• South Africa
• Others
o Asia Pacific
• Japan
• China
• India
• South Korea
• Indonesia
• Thailand
• Vietnam
• Philippines
• Malaysia
• Others
Related Reports:
• Animal Feed Antioxidants Market
https://www.knowledge-sourcing.com/report/animal-feed-antioxidants-market
• Insect Animal Feed Market
https://www.knowledge-sourcing.com/report/insect-animal-feed-market
• Animal Feed Prebiotics Market
https://www.knowledge-sourcing.com/report/animal-feed-prebiotics-market
Contact Us:
Knowledge Sourcing Intelligence
Phone: +1-850-250-1698
E-Mail:info@knowledge-sourcing.com
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, 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 our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Animal Feed Market Size, Trends, In-depth Analysis, and Research Report Forecast up to 2028: Kemin Industries, Inc. and Nutreco N.V. are key players. here
News-ID: 3002838 • Views: …
More Releases from Knowledge Sourcing Intelligence LLP
Vinyl Ester Market to Reach US$2.248 Billion by 2030
The Vinyl Ester Market is expected to grow at a CAGR of 6.29%, reaching a market size of US$2.248 billion in 2030, according to a new report by Knowledge Sourcing Intelligence. An epoxy resin is esterified with acrylic and methacrylic to create vinyl ester. It is utilized to create high-performance adhesives, coatings, and composites that are more resistant to water, chemicals, and corrosion than polyester resins.
It is most…
Microcarrier Market is projected to surpass US$1,989.084 million by 2029 at a CA …
According to a new study published by Knowledge Sourcing Intelligence, the microcarrier market is projected to grow at a CAGR of 11.55% between 2022 and 2029 to reach US$1,989.084 million by 2029.
An aid matrix called a microcarrier allows more adherent cells to enter bioreactors. In the large-scale commercial production of biologics and vaccines, microcarriers cultivate adherent cellular populations that produce viruses or proteins. The scope of this document states…
Feed Grade Threonine Market Size, Trends, In-depth Analysis, Research Report For …
Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of "feed-grade threonine market - which is forecasted from 2023 to 2028".
The feed-grade threonine market is estimated to grow at a CAGR of 5.12% during the forecast period.
With both quantitative and qualitative analysis, this study intends to offer an in-depth assessment of the feed-grade threonine market. This will further help to establish business and growth plans…
Global Horse Feed Market Size, Trends, In-depth Analysis, Research Report Foreca …
Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of "global horse feed market - which is forecasted from 2023 to 2028".
The global horse feed market is estimated to grow at a CAGR of 4.93% during the forecast period.
With both quantitative and qualitative analysis, this study intends to offer an in-depth assessment of the global horse feed market. This will further help to establish business…
More Releases for Animal
Animal Health Market Sets the Table for Continued Growth : Zoetis Animal Healthc …
Advance Market Analytics published a new research publication on "Animal Health Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Animal Health market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Animal Antimicrobials and Antibiotics Market 2023 Growth and Development By Bion …
Antibiotics, also called antibacterials, are a type of antimicrobial drug used in the treatment and prevention of bacterial infections. They may either kill or inhibit the growth of bacteria. Animal Antimicrobials and Antibiotics includes Premixes, Oral Powders, Oral Solutions and Injections on the base of classification, which represent 12.4%, 14.4%, 10.4% and 56.6% of global Animal Antimicrobials and Antibiotics market.
Get Sample Copy: https://www.worldwidemarketreports.com/sample/273708
Farm Animals and Companion Animals are the…
Animal Healthcare Market Analysis Focusing on Top Key Players - Merck, Bayer Ani …
Worldwide Market Reports recently released on the Animal Healthcare market for the forecast period, 2017 – 2022 is involved in screening the business environment and the companies operating in the Animal Healthcare industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of…
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market
Developing Regions to Overpower Developed Ones With Regard to Demand
The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their…
Animal Growth Promoter Market Outlook To 2023 – Bayer Animal Health, Biomin, B …
Nov 2018, New York USA (News)- Different categories of feed additives for farm animals are referred to as natural growth promoters (NGPs) or non-antibiotic growth promoters. They are commonly regarded as favorable alternatives to antibiotic growth promoters (AGPs) in livestock production. NGPs include predominantly organic acids, probiotics, prebiotics, synbiotics, phytogenics, tannins, feed enzymes and immune stimulants, an ongoing search for alternatives has created a large variety of NGPs for pigs,…
Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer …
The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food. The scope of this report…
