The animal feed market was valued at US$ 406,640.10 million in 2018 and is projected to reach US$ 548,936.55 million by 2027; it is expected to grow at a CAGR of 3.3% during the forecast period 2019-2027.
Animal feed is the food grown to nourish poultry and livestock. Animal feed is produced by selecting and blending feed ingredients to offer nutritious diets that promote the health of animals and improve the quality of end products such as milk, wool, eggs, and meat. Animal feeds can be broadly groped as concentrates or roughages. Concentrates include high in energy value food sources including fats, cereal grains, high-protein oil meals or cakes, by-products from processing of sugarcane, sugar beets, animals, fish, and others. While roughages include hays, straw, silage, root crops, pasture grasses, stover (cornstalks), and others. The rising demand for animal origin protein has led to the intensification of livestock production chiefly based on the uses of industrial compound feed. Animal feed costs vary widely from season to season and it is often possible for producers to realize substantial savings through wise selection of the feed ingredients used to formulate complete diets.Based on form, the animal feed market is categorized into pellets, crumbles, mash, others. Based on livestock,the global animal feed market is segmented into poultry, ruminants, swine, aquaculture, and others.
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Animal Feed Market, by Form:
Animal Feed Market, by Livestock:
After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report’s authors in the study. Most companies in the Animal Feed Market are currently engaged in adopting new technologies, strategies, product developments, expansions, and long-term contracts to maintain their dominance in the global market
Analysis tools such as SWOT analysis and Porter’s five force model have been inculcated in order to present a perfect in-depth knowledge about Animal Feed Market. Ample graphs, tables, charts are added to help have an accurate understanding of this market. The Animal Feed Market is also been analyzed in terms of value chain analysis and regulatory analysis.
In-depth qualitative analyses include identification and investigation of the following aspects:
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Risk Assessment for Investing in Global Market
Critical Success Factors (CSFs)
The competitive landscape of the market has been examined on the basis of market share analysis of key players. Detailed market data about these factors is estimated to help vendors take strategic decisions that can strengthen their positions in the market and lead to more effective and larger stake in the global Animal Feed Market. Pricing and cost teardown analysis for products and service offerings of key players has also been undertaken for the study.
The Table of Content for Animal Feed Market research study includes:
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