Animal Nutrition Market to Hit US$ 39.13 Billion by 2031 - Major Companies are Cargill, Archer Daniels Midland Company, BASF SE.

Animal Nutrition Market reached US$ 23.12 billion in 2023 and is expected to reach US$ 39.13 billion by 2031, growing with a CAGR of 6.8% during the forecast period 2024-2031.

Animal Nutrition Market is thoroughly examined in the DataM Intelligence study, offering a comprehensive analysis supported by robust statistics, historical data, and actionable insights. The report evaluates key industry players, analyzing their product portfolios, pricing strategies, financial performance, and expansion efforts. It provides a clear understanding of market dynamics, competitive positioning, and anticipated trends shaping the future of the industry.

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Market Dynamics and Growth Factors:

Expanding Livestock and Aquaculture Industries

The rising demand for animal-based protein is fueling the growth of the livestock and aquaculture sectors, which in turn is boosting the animal nutrition market. Commercialization in meat, dairy, poultry, and fish production is driving the use of feed additives, nutritional supplements, and specialty ingredients aimed at improving animal health, growth, and productivity. The adoption of intensive farming methods and modern technologies is further accelerating this trend.

According to the World Bank (2021), the livestock sector accounts for 40% of the global agricultural output and plays a critical role in food security, poverty alleviation, and agricultural development. It supports the livelihoods and nutritional needs of nearly 1.3 billion people worldwide. Additionally, around 500 million pastoralists depend on livestock for food, income, and financial security, highlighting the sector's global importance and potential for more sustainable and equitable practices.

List of the Key Players in the Animal Nutrition Market:

Cargill, Advanced Enzyme Technologies Limited, AGROVET Animal Healthcare, Archer Daniels Midland Company, BASF SE, Biovet, Bluestar Adisseo, Evonik Industries, AB Vista, Land O'Lakes.

Animal Nutrition Industry Development:

☛ In 2023, ADM announced its intention to acquire PT Trouw Nutrition Indonesia, enhancing its animal nutrition capabilities in the region. This acquisition will bolster ADM's premix and feed additives and ingredients (FA&I) business while strategically positioning the company to meet the anticipated market growth and the increasing demand for protein.

Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Segment Covered in the Animal Nutrition Market:

✦ By Animal Type: Poultry, Ruminant, Aquaculture, Swine, Others

✦ By Ingredients: Amino Acids, Enzymes, Minerals, Lipids, Vitamins, Others

✦ By End-User: Aquaculture, Pet Food Manufacturers, Animal Feed Manufacturers, Others

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Animal Nutrition Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Animal Nutrition market?

➠ Who are the global key manufacturers of the Animal Nutrition Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Animal Nutrition market opportunities and threats faced by the vendors in the global Animal Nutrition Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Animal Nutrition market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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