Uploaded on Jun 10, 2020
The global animal feed market size is anticipated to reach $337.7 billion by 2026, growing at a CAGR of 4.7% during the forecast period, according to a report published by Polaris Market Research. The report ‘Animal Feed Market Size By Product Type (Compound Feed, Fodder, Forage), By Animal Type (Livestock (Poultry, Cattle, Pigs, Aquaculture, Others) Pet Animals), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.
Animal Feed Market Size Worth $337.79 Billion by 2026 | CAGR: 4.7%
Animal Feed Market
Set to Exceed $337.79 Billion by 2026 | CAGR: 4.7%
“Animal Feed Market Share, Size, Trends & Industry
Analysis Report By Product Type (Compound Feed, Fodder,
Forage); By Animal Type (Livestock (Poultry, Cattle, Pigs,
Aquaculture, Others) Pet Animals); By Regions: Segment
Forecast, 2017 - 2026”
Animal Feed Market Estimate & Forecast to 2026
The global animal feed market size is anticipated to reach $337.7 billion by 2026, growing at
a CAGR of 4.7% during the forecast period, according to a report published by Polaris Market
Research. The report provides an extensive analysis of present market dynamics and
predicted future trends.
Animal feeds have contributed significantly in the growth of food industry globally and feed
are among the most crucial and essential component for retaining abundant, affordable and
safe animal proteins. For over a decade, the world has witnessed rising demand for proteins
derived from animal, including fish, livestock, and dairy. The growth has been witnessed
mainly in the developing regions as reported by IFIF, wherein the developed regions have
witnessed fluctuating stabilities in growth. The global feed industry has witnessed production
expansion in terms of volume and value. This phenomenon has taken place concerning
growing worldwide population, more consumer purchasing power, and rising urbanization.
With modern population achieving new levels of political and commercial involvements, there
is an anticipated enhancement in the demand for animal feed further which is crucially
significant in the entire food chain for its role. As the producer’s perseverance becomes more
consumer-oriented and focused, the outcomes include increasing environmental footprint
with even more rapidly growing requirements for sustainability. Mill and farm feed have
witnessed a push on account Coopfy riignhtc ©r Peolaris Minarkget Reesneavrcihr &o Cnonmsulteingn LtLPa 2l0 1i8m. Alpl Raighctst R easenrvded greenhouse gases 2
concerning the production of animals.
Animal Feed Market Estimate & Forecast to 2026
The report provides an extensive qualitative and quantitative analysis of the market trends
and growth prospects of the global animal feed industry, 2017-2026. This report comprises
a detailed geographic distribution of the market across North America, Europe, APAC and
South America, and MEA. North America is further segmented into U.S., Canada. Europe is
divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China,
India, Japan, and Rest of Asia-Pacific.
The Asia Pacific is the largest regional market for the animal feed market. The increase in
rapid production by meat processors and changing consumer demand & behaviour for
organic food products are identified to be among some of the crucial parameters for the
growth of feed market in the region. This regional market is expected to witness
considerable growth over the forecast period.
Access Research Report On Animal Feed Market
Some of the significant market participants currently operating in the industry include
DaChan Food (Asia) Ltd., Yuetai Group, Smithfield Foods, NongHyup Feed Inc., Tangrenshen
Group (TRS), East Hope Group, Nutreco, De Heus, Haid Group, Shuangbaotai Group (Twins
Group), Agrifirm Group, JA Zen-Noh, Purina Animal Nutrition, ForFarmers N.V., Tyson Foods
(broiler), New Hope Liuhe, BRCoFpy,ri gWht ©e Pnola’ris MFarokeot Rdes eGarcrho & uCopns,u ltCinga LLrPg 2i0l1l8,. Aall nRigdht s CRePse rGvedroup. 3
Animal Feed Market Size – By Application
Speck to Analy
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