736 , Shakti Khund III , New Delhi
+1778-732-2562

Global Animal Feed Market By Product (Amino Acids, Antioxidants, Acidifiers, Others), By Livestock (Poultry, Cattle, Aquaculture, Others), By Form (Pellets, Crumbles, Mash, Others), By Region, Forecast & Opportunities to 2026

The global animal feed market accounted for a value of USD 30.9 billion in 2019 and is projected to register growth at a CAGR of 3.1% during forecast period.

COVID-19 has impacted the animal feed market. The government has implemented lockdown across major countries to control the transmission of corona virus and this impacted the production units. The lockdown also caused panic buying among consumers and this has increased the sales and production of pet food. The producers and suppliers are trying hard to ensure availability of feed in market. The corona virus has significantly impacted animal feed market.

Definition:

Animal feed is defined as food given to domestic animals. There are two basic types of feed, forage or fodder. Animal feed is considered as important input to animal agriculture and it is the main cost of the raising animals. Farms try to reduce this cost by growing their own food. Animal wellbeing depends on feed that reflects a well balanced nutrition.

Market Dynamics (Drivers/Opportunities):

The meat consumption is largely increasing and with the outbreak of corona virus has generated need for additives in aqua, poultry and other animal based products. Additives are used to enhance the performance and health of animals. It also improves digestion and reproduction among animals. This increases the demand for additives and drives growth in animal feed market during forecast period.

The adoption of new technologies is increasing in animal feed market. The vendors are focusing on development of sustainable technologies for the production of animal feed. The investment is also increasing in this segment to increase the production capabilities. The demand and adoption for animal feed is increasing and this drives growth in animal feed market during forecast period.

Market Insights, by Product

On the basis of product, the animal feed market is segmented into vitamins, amino acids, antibiotics, antioxidants, enzymes, acidifiers and others. The amino acids segment accounted for largest market share of XX% in 2019 and it estimated to dominate the market during forecast period. The consumer awareness is increasing about the benefits of the use of feed additives. The feed additives help reducing the diseases among the animals. Amino acids act as protein building blocks for animal or livestock health. Amino acids help in enhancing gut health, reproduction, food intake and metabolic process. This increases the adoption of amino acids around the world and drive growth in amino acids segment during forecast period.

Market Insights, by Livestock

On the basis of livestock, the animal feed market is segmented into poultry, pork, aquaculture, cattle and others. The poultry segment dominated the animal feed market in 2019 and it is estimated to dominate the market during forecast period. The diseases such as bird flu proved to be dangerous for humans. This leads to implantation of stringent norms and regulations associated with the use of poultry products. The consumption of meat is largely increasing around the world and this increases the adoption of feed additives to ensure safety. Thus, drives growth in poultry segment in animal feed market during forecast period.

Regional Insights

Asia-Pacific region is estimated to dominate the market during forecast period. The demand for feed is rapidly increasing in this region due increase in number of pets animals or livestock. The population is growing and the living standards are also increasing. The demand for meat is largely increasing and this increases the demand for animal feed market. China is largest consumer and producer of meat in the world and this increases the demand for animal feed and drives growth in Asia-Pacific region in animal feed market during forecast period.

Key Companies & Market Share Insights  

The key market layers in animal feed industry are Neovia Group, Archer Daniels Midland Company, COFCO Ltd., New Hope Group, ForFarmers N.V., Charoen Pokphand Group, Cargill Inc., Japfa Comfeed Indonesia, Land’O Lakes Inc., Nutreco N.V., Novozymes, Prinova Group, Covington & Burling LLP, Novus International and Amco Proteins

Segments Covered in the Report

This report forecasts The Global Animal Feed Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global animal feed market report on the basis of product, form and livestock.

Animal Feed Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • Value Chain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. Animal Feed Market, By Product, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Amino Acids
  • Antioxidants
  • Acidifiers
  • Enzymes
  • Vitamins
  • Antibiotics
  • Others
  1. Animal Feed Market, By Form, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Pellets
  • Crumbles
  • Mash
  • Others
  1. Animal Feed Market, By Livestock, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Poultry
  • Cattle
  • Aquaculture
  • Pork
  • Others
  1. Animal Feed Market, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Product
    • By Form
    • By Livestock
    • By Country
      • USA
        • By Livestock
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Product
      • By Form
      • By Livestock
      • By Country
        • Brazil
          • By Livestock
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Product
        • By Form
        • By Livestock
        • By Country
          • UK
            • By Livestock
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Product
          • By Form
          • By Livestock
          • By Country
            • China
              • By Livestock
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Product
            • By Form
            • By Livestock
            • By Country
              • Saudi Arabia
                • By Livestock
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • Novozymes
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • Neovia Group
    • Archer Daniels Midland Company
    • COFCO Ltd.
    • New Hope Group
    • ForFarmers N.V.
    • Charoen Pokphand Group
    • Cargill Inc.
    • Japfa Comfeed Indonesia
    • Land’O Lakes Inc.
    • Nutreco N.V.
    • Prinova Group
    • Covington & Burling LLP
    • Novus International
    • Amco Proteins
  2. Appendix
    • Interrelated Market

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

Please share your details to receive a sample copy of the report

Single User : $3750
Multi User : $6100
Buy Now

 

Why Choose Us

  • 24*7 Post Sales Support
  • Speak to Analyst for Presentations
  • 15% Free Customization
  • Global, Regional & Country level reports
  • Special Discounts for Startups & Educational Institutions

Questions ?

  • What is 15% Free Customization?
  • What is Report Subscription?
  • What is the Delivery Time of the Report?

What You Get

Data Excel Sheets

Report in PDF

Report Subscription

Analyst Support

What's Included

Market Intelligence

Competitive Intelligence

Opportunities and Challenges

Strategic Recommendations