Shaping the Animal Food Market in 2025: Rising Popularity Of Probiotics In Animal Feed And Their Impact On Animal Health

How Big Is the Animal Food Market Expected to Be, and What Will Its Growth Rate Be?
Significant growth has been observed in the recent years in the animal food market size. It's predicted to expand from $277.69 billion in 2024 to $301.09 billion in 2025, forecasting a compound annual growth rate (CAGR) of 8.4%. This upward trajectory in the past can be ascribed to factors such as an increase in pet adoption, animal farming, the humanization of pets, worldwide meat consumption, and legal control and standards.

The market size for animal food is predicted to experience significant expansion in the upcoming years. It is projected to increase to $412.78 billion in 2029, with a compound annual growth rate (CAGR) of 8.2%. The expected growth in the coming years can be linked to factors such as pets' health and wellness, sustainability and ethical sourcing, bespoke and personally tailored diets, as well as digital marketing and e-commerce. The period also anticipates observing trends like diets that are inclusive of grain and grain-free, foods rich in protein and prioritise meat, natural pet food and organic varieties, alternative sources of protein, and functional ingredients.

What Are the Primary Growth Drivers for the Animal Food Market?
The expansion of the animal and pet food industry is expected to be reinforced by the constant economic growth predicted in various developed and developing nations. For example, in May 2024, the Organisation for Economic Co-operation and Development, an intergovernmental entity based in France, anticipates that the global GDP growth will maintain its pace at 3.1% in 2024, mirroring the previous year's rate, with a minor rise to 3.2% expected in 2025. The recovery of commodity prices, following a marked downturn in the past, is also anticipated to bolster the growth of the market. Developed economies are predicted to display consistent growth throughout the projection period. Moreover, it is expected that emerging markets will consistently outpace developed markets over the predicted period. The aim is for stable economic progression to foster investments in consumer markets in turn propelling the market during the predictive period.

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Who Are the Dominant Companies Influencing Animal Food Market Trends?
Major companies operating in the animal food market include Cargill Incorporated, New Hope Liuhe Co. Ltd., Charoen Pokphand Foods PCL, Bunge Limited, Mitsui, CJ Cheiljedang Corp, Land O'Lakes Inc., ForFarmers NV, Japfa Ltd., Tate & Lyle, Mars Petcare Inc., Nestlé Purina PetCare, ADM Animal Nutrition Inc., Ainsworth Pet Nutrition LLC, Alphia, Hill's Pet Nutrition Inc., Diamond Pet Foods, Blue Buffalo Co.Ltd., Spectrum Brands Inc., WellPet Group, Sunshine Mills Inc., Merrick Pet Care Inc., Simmons Pet Food, C.J. Foods Inc., Tuffy's Pet Food Inc., Nature's Variety, AgriProtein, Al Dahra Agricultural Company LLC, Big Heart Pet Brands, Bob Martin Petcare, BOCM Pauls, Ceylon Grain Elevators plc, Champion Petfoods LP, Devenish Nutrition, Diamond V, Ewos Group AS, H&N International GmbH.

How Is the Animal Food Market Evolving?
The growing understanding of the benefits of probiotics for animal health among livestock farmers and pet owners has led to their increased incorporation in animal feed for farm animals like cattle, horses, ruminants, and poultry. The advancements in molecular biology and gene sequencing technology are enabling scientists to explore new probiotics applications for animals, feed, and packaged health products. The significant increase in the use of probiotics in animal feed has demonstrated positive effects in animal performance, digestion, and immunity. For example, Bactana Animal Health, a U.S.-based company, has successfully closed the initial round of investment for the development of a new strain of the bacteria Faecalibacterium prausnitzii for commercial livestock purposes.

What Are the Different Segmentations in the Animal Food Market?
The animal food market covered in this report is segmented -

1) By Type: Poultry Feed, Cattle Feed, Aquaculture Feed, Other Animal Food
2) By Ingredients: Cereal, Oilseed Meal, Supplements, Other Ingredients
3) By Distribution Channel: Super markets/Hyper markets, Convenience Stores, E-Commerce, Other Distribution Channels

Subsegments:
1) By Poultry Feed: Broiler Feed, Layer Feed, Breeder Feed
2) By Cattle Feed: Dairy Cattle Feed, Beef Cattle Feed, Calf Feed
3) By Aquaculture Feed: Fish Feed, Shrimp Feed, Shellfish Feed
4) By Other Animal Food: Swine Feed, Horse Feed, Pet Food for Specialty Animals (Rabbits, Guinea Pigs)

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Which Region Is at the Forefront of the Animal Food Market?
Asia-Pacific was the largest region in the animal food market in 2023. Western Europe was the second-largest region in the animal food market. The regions covered in the animal food market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Animal Food Global Market Report?

- Market Size Analysis: Analyze the Animal Food Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Animal Food Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Animal Food Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Animal Food Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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