Organic Feed Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

Key Highlights:
• The global Organic Feed Market size was valued at USD 7.6 billion in 2022 growing at a CAGR of 7.25% from 2023 to 2033.
• Europe dominated the market in 2022
• Asia-Pacific is expected to grow at the highest CAGR from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Organic Feed Market size accounted for USD 7.6 billion in 2022, growing at a CAGR of 7.25% from 2023 to 2033.The organic feed market involves the production and distribution of feed for livestock that is certified organic, adhering to strict standards prohibiting the use of synthetic pesticides, genetically modified organisms (GMOs), and chemical additives. This market caters to the growing demand for organic animal products, promoting sustainable and environmentally friendly agricultural practices. Key components include organic grains, forages, and protein sources used in livestock diets. The market is driven by increasing consumer awareness of the health and environmental benefits associated with organic farming, leading to a rising preference for organic feed in animal husbandry.

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The organic feed market is driven by a rising consumer preference for organic animal products, fostering sustainable and environmentally friendly livestock practices. This market meets the demand for certified organic feed, free from synthetic pesticides and GMOs. As awareness of the health and environmental benefits of organic farming grows, the adoption of organic feed in animal husbandry continues to increase, reflecting a broader trend towards more sustainable and conscious food production.

Key Players
Some of the major Organic Feed Market players holding high market shares include Jones Feed Mills Ltd (UK), The Organic Feed Company (UK), Modesto Milling Inc. (US), Scratch and Peck Feeds Mill (US). These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Land O'Lakes, Inc. (US), Forfarmers N.V. (Netherlands), Ranch-Way Feeds (US), Wolcottville Organic Livestock Feed (US), Kreamer Feed, Inc. (US), Aller Aqua A/S (Denmark), B&W Feeds Ltd (UK), HI Peak Feeds Ltd (UK), Country Heritage Feeds (Australia), Yorktown Organics, LLC (US), Feedex Companies (US)

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Segmental Analysis
Based on Source, the Organic Feed market is segmented into the Organic Feed Market has been sub-segmented into Cereals & Grains, Oilseeds, And Forage.With the biggest revenue share in 2022, the cereals and grains segment is anticipated to rise significantly over the course of the projection period. Grains and cereals, such as wheat, barley, and corn, are essential for animal feed because of their large yields.
Based on Form, the Organic Feed market is segmented into Pellets, crumble and mashes comprise.Since pellets are the most common and extensively utilized kind of organic feed, it is anticipated that this category would see a notable rise in income over the course of the projected period. Additionally, the greater binder percentage in pellets promotes early feed intake.
Based on Livestock, the Organic Feed market is segmented into Ruminants, Poultry, Swine, Aquaculture, Others.The sector that led the market in 2022 was poultry, and throughout the forecast period of 2022-2030, it is anticipated to increase at a higher rate. Poultry, ruminants, swine, and aquatic animal segments of the global organic feed market have been identified.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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