Comprehensive 2025 Horse Feed Market Overview: Trends, Forecasts, and Growth Drivers

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What Is the Expected CAGR for the Horse Feed Market Through 2025?
The size of the horse feed market has seen a robust expansion in the recent past. The market's projected growth will see it elevate from a value of $8.69 billion in 2024 to $9.19 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.8%. Factors contributing to this growth during the historic period include an increased number of horses, a surge in equestrian sports and racing, the emergence of new markets, and a rise in outdoor activities.

What's the Projected Size of the Global Horse Feed Market by 2029?
The market for horse feed is projected to exhibit robust growth in the coming years, with the size expected to reach $12.08 billion by 2029, expanding at a compound annual growth rate (CAGR) of 7.1%. Factors contributing to the growth during the forecasted period include the advent of e-commerce and digital marketing, an increase in disposable income, a surge in recreational activities involving horses, and an aging horse population. Leading trends for the forecasted period involve individualized nutrition, nutraceuticals and supplements, products with clear and straightforward labels, biosecurity practices, and innovative feeding technologies.

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Top Growth Drivers in the Horse Feed Industry: What's Accelerating the Market?
The increase in the horse population is playing a significant role in expanding the horse feed market. Horses, which are four-legged, hoofed mammals require consistent feed for their well-being and development. The feed for horses provides various benefits such as the provision of protein, vitamins, calcium, and minerals, thus enhancing the overall health and lifespan of horses. For example, the American Horse Council Foundation, a US-oriented foundation focused on scientific, philanthropic, and education-related pursuits in the horse industry, reported that in 2023, the horse population in the US hit 6.6 million. Consequently, the burgeoning horse population is expected to boost the horse feed market in the future.

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What Trends Will Shape the Horse Feed Market Through 2029 and Beyond?
Key players in the horse feed market like Purina Animal Nutrition LLC are pioneering advanced solutions like the Microbiome Quotient (MQ) Platform to enhance gut health, overall nutrition, performance, and overall wellness of horses. This revolutionary instrument is designed to evaluate and augment the health of the microbiome, defined as the myriad of microorganisms that inhabit specific environments, including the horses' gastrointestinal tract. In June 2024, the US-based company introduced Purina® Systemiq Probiotic Supplement and the Purina MQ Equine Microbiome Testing Kit under the new Purina Microbiome Quotient (MQ) Platform. The aim of these products is to offer horse owners detailed knowledge about their horses' gut health. The Systemiq Probiotic Supplement contains live and active ingredients, and the MQ Equine Microbiome Testing Kit helps horse owners understand their horse's unique microbiome.

What Are the Main Segments in the Horse Feed Market?
The horse feedmarket covered in this report is segmented -

1) By Type: Performance, Senior or Old, Professional, Mare And Foal, Other Types
2) By Nutrition Type: High Fiber, Low Starch, High Protein, High Fats
3) By Ingredients: Cereals, Supplements, Cakes or Meals, Other Ingredients
4) By Form: Pellets, Cubes, Powder
5) By Application: Online Sales, Offline Retail

Subsegments:
1) By Performance: High-Energy Feed, Grain-Based Feed, Specialized Supplements
2) By Senior or Old: Nutrient-Rich Feed For Older Horses, Soft And Easy-To-Digest Formulas
3) By Professional: Competition Feed, Premium Formulas For High-Performance Horses
4) By Mare and Foal: Nutritional Feed For Pregnant Mares, Starter Feed For Foals
5) By Other Types: Specialty Diets, Forage-Based Feeds

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Which Top Companies are Driving Growth in the Horse Feed Market?
Major companies operating in the horse feed market include Allen And Page Ltd., Baileys Horse Feeds, Big V Feeds Inc., Cargill Incorporated, Equifirst Private Limited, Farmvet Agro Private Limited, ForFarmers N.V., HorseTech Nutrition, Purina Animal Nutrition LLC, Rowen Barbary Ltd., Triple Crown Nutrition Inc., West Feeds Inc., A-One Feed Supplements Ltd., Glanbia PLC., Hubbard Feeds Inc., Jupe Feeds Incorporated, Cavalor LLC, WES Enterprises L.P., Nutrena World Feeds, ADM Animal Nutrition, Blue Seal Feeds, Buckeye Nutrition, Country Acres Feed, Farnam Companies Inc., Hallway Feeds, Kalmbach Feeds Inc., Kent Nutrition Group, LMF Feeds Inc., Manna Pro Products LLC, McCauley Bros Inc., Poulin Grain Inc., Progressive Nutrition, Semican Inc., Southern States Cooperative Inc., Standlee Premium Western Forage, Tribute Equine Nutrition

Which Regions Will Dominate the Horse Feed Market Through 2029?
Asia-Pacific was the largest region in the horse feed market in 2024. The regions covered in the horse feed market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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