DUBLIN, March 30, 2022–(BUSINESS WIRE)–The “Global Animal Feed Market Outlook, 2027” report has been added to ResearchAndMarkets.com’s providing.
Animal feeds are referred as nutritious meals with excessive ranges of proteins, minerals and nutritional vitamins given to the livestock, aquatic and cattle. It is principally consumed by the home animals within the animal husbandry in type of fodder, pelleted feeds, oilseeds, and grains.
Animal feeds are the vital supply of meals for animals because it helps them in enhancing animal’s talents by offering enriched vitamins which accelerates progress, weight acquire and develops sturdy immunity. Most important used meals components embody proteins, nutritional vitamins and each different dietary consider balanced state to assist their progress course of. Rapid urbanization and rising consumption of meat and different finish merchandise for animal feeds are driving the animal feed market round completely different alternatives.
According to the analysis report ‘Global Animal Feed Market Outlook, 2027’, the demand of animal primarily based feed merchandise or meat primarily based merchandise is gaining significance amongst animal feed market as a result of they’re very successfully important in offering animals full supply of protein with all important amino acids, extremely bioavailable iron, zinc, selenium and particularly vitamin B12. Global Animal Feed Market has estimated to develop with CAGR of two.90% throughout the forecast interval. The demand for top of the range proteins amongst animals are going to rise throughout globe. With many developments going down in applied sciences, producers want to handle their time successfully and effectively so as to meet elevated protein necessities of animals, which they get out of feed. This in flip is constantly elevating demand for meat sourced merchandise amongst animals.
The Asia-Pacific Region is at present the biggest market sharing area within the Animal Feed Market holding greater than 1/third of complete market. China is the one purpose behind Asia-pacific area at high. China is without doubt one of the largest feed producers on this planet accounting for half of the manufacturing in APAC area. The market right here for animal feed is rising due to growing demand for dairy merchandise, additionally rising proclivity in the direction of animal primarily based meals, and improve in feed demand throughout the globe.
China is the most important participant on this planet main in Animal feed market. Due to COVID-19 pandemic, China has confronted disruptions for producing natural feed. Many feed producers in china have confronted stringent measures imposed to curb COVID-19 pandemic. The measures have been primarily imposed on provide of containers which led stoppage to total transport techniques. In 2020, roughly 65% of the online annual manufacturing of wheat, corn and soybean has been consumed by animal feeds, whereas the remainder 35% was used for meals consumption.
South Africa holds the best market share in Middle East and Africa animal feed market . The rising reputation of pig feed is rising with rising consciousness of populations and even the urbanizations are anticipated to gas this market enlargement. Animal feed market is principally sourced from two components i.e. Plant primarily based and Animal primarily based. Animal primarily based supply is essentially the most demanding supply within the forecasted interval. Currently, the Asia-Pacific area has dominated the worldwide animal-primarily based feed market and additionally accounted for the best market dimension.
Companies Mentioned
-
Cargill INC.
-
Guangdong Haid Group Co. Limited
-
Charoen Pokphand Group
-
New Hope Liuhe Co. Ltd
-
Archer-Daniels-Midland Company
-
ForFarmers N.V.
-
Feed One CO. LTD.
-
Alltech INC.
-
Nutreco N.V (SHV Holdings)
-
Kent Nutrition Group
-
Tyson meals
-
Bunge Ltd.
-
Novus International Inc.
-
BRF SA
-
JBS SA
-
Marubeni Nisshin Feed Corp.
-
COFCO
-
CJ Cheiljedang
-
Tangrenshen Group (TRS)
-
Godrej Agrovet Ltd.
-
Adisseo France S.A.S.
-
AB Agri Ltd.
-
Solvay Feeds
-
Royal Agrifirm Group
Key Topics Covered:
1. Executive Summary
2. Report Methodology
3. Market Structure
3.1 Market Considerate
3.2 Market Definition
4. Economic/Demographic Snapshot
5. Global Animal Feed Market Outlook
5.1. Market Size by Value
5.2. Market Share
5.2.1. By Region
5.2.2. By Country
5.2.3. By Company
5.2.4. By Livestock
5.2.5. By Ingredient
5.2.6. By Form
5.2.7. By Source
6. North America Animal Feed Market Outlook
7. Europe Animal Feed Market Outlook
8. Asia-Pacific Animal Feed Market Outlook
9. Latin America Animal Feed Market Outlook
10. Middle East & Africa Animal Feed Market Outlook
11. Market Dynamics
11.1. Key Drivers
11.2. Key Challenges
12. Market Trends and Developments
13. Company Profiles
14. Strategic Recommendations
15. Disclaimer
For extra details about this report go to https://www.researchandmarkets.com/r/e0j8vf
View supply model on businesswire.com: https://www.businesswire.com/news/home/20220330005450/en/
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Recommend
