Animal Feed Market Research Report, By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Swine, Aqua, Others) - Forecast 2027
|ID: VPR/F&B/1154||Publishing Year: January 2022||Pages: 119||Format:|
Animal Feed Market Overview:
Foodborne infections such as salmonella, listeria, and norovirus are becoming more common, prompting governments to enact strict labelling requirements for food and animal feed. These regulatory systems ensure that feed ingredients are properly labelled, including standard definitions and complete ingredient listings.
Animal Feed additives must be labelled correctly to guarantee that they are safe for consumption by animals, notably livestock and poultry. Grains, legumes, minerals, and extra vitamins are popular constituents.
According to government rules, commercial feed labelling must include the following information: product name, brand name, product purpose statement, nutrient levels offered, ingredient list, and feeding instructions. Manufacturer/distributor information, package net weight, and species to which the product is intended to be fed are all included in the additional information.
- Neovia Group (France)
- Archer Daniels Midland (ADM) Company (U.S.)
- COFCO Limited (Hong Kong)
- New Hope Group (China)
- ForFarmers N.V. (The Netherlands)
- Charoen Pokphand Group (Thailand)
- Cargill, Inc. (U.S.)
- Japfa Comfeed Indonesia Tbk (Indonesia)
- NUTRECO N.V. (The Netherlands)
- Land 'O Lakes Inc. (U.S.)
Animal Feeds are the goods that are responsible for boosting the health of animals. Depending on the animal, different doses of the feed are provided. During the projected period, rapid urbanisation and rising consumption of meat and other end products such as milk and eggs in various areas will drive the animal feed market growth potential. By delivering enriched nutrients with the feedstuff, the feed aids in the enhancement of the animal's capacities, accelerating growth and weight gain, and improving immunity. Disease outbreaks in animals are a significant reason driving the use of animal feed, which improves animal health and aids in the proper regulation of the food chain. High Growth in the Animal Feed Market is assisted by key companies' expansion and investment strategies, which also aid in the enhancement of product portfolios and reaching out to new target areas. In addition, the expanding livestock population, as well as the change from disorganised to organised livestock farming, is predicted to boost market growth potential in the approaching years. The high price fluctuation of raw materials, on the other hand, is likely to stifle market expansion over the projection period. Throughout addition, in the projection period and in the following years, a rising shift toward the adoption of a vegan-based diet is likely to stifle the growth of the Animal Feed Market.
The Animal Feed Market is divided into three categories: type, species, and shape. The growth of segments allows you to analyse unique determinants of growth and market approaches, as well as establish your main application areas and target market differences.
Acidifiers, probiotics, enzymes, antioxidants, antibiotics, amino acids, vitamins, minerals, and others are among the types of additives used in animal feed.
The Animal Feed Market is divided into poultry, ruminants, aqua, swine, and others based on the species.
The Animal Feed Industry is divided into pellets, crumbles, mash, and other forms based on the form.
The Animal Feed Market is examined, and market size and volume data are presented by country, kind, species, and form, as mentioned previously.
The United States, Canada, and Mexico in North America, Germany, Poland, Ireland, Italy, the United Kingdom, France, Spain, the Netherlands, Belgium, Switzerland, Turkey, Russia, and the Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, and the Philippines are among the countries covered in the animal feed market report. Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America in South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) in Middle East and Africa (MEA) in Middle East and Africa (MEA) in Middle East and Africa (MEA) in Middle East and Africa (MEA) in Middle East and Africa (MEA) in Middle East and Africa (MEA) in Middle East and Africa ( (MEA).
Due to high pork consumption in countries like China and Japan, which is pushing the production of animal feed in the region, Asia-Pacific is expected to increase at the fastest rate.
Individual market affecting factors and changes in regulation in the domestic market are also discussed in the nation portion of the research, which have an impact on the market's current and future trends. Some of the primary pointers utilised to anticipate the market situation for individual countries include consumption quantities, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and down-stream and upstream value chain analysis.
Due to the lockdown in key countries such as the United States, China, the United Kingdom, India, and others, the expansion of the Global Animal Feed Market has halted in the midst of the COVID-19 epidemic. Most countries have enforced lockdown or transportation restrictions, which have a negative impact on output due to lower labour footfall. Furthermore, the consumer lockdown created by panic buying has resulted in an increase in pet food sales and production. However, this pattern is not expected to persist after the shutdown, and it will have an impact on manufacturing, retail, and other industries. In these times of crisis, feed manufacturers and suppliers are doing all possible to ensure that feed is available to all processing animals while also adhering to guidelines to safeguard their workers from COVID-19 and maintain production. For example, how workforce changes are organised, and truck drivers have been trained to ensure safe feed distribution on the farm, among other things, are affecting my primary enterprises. The sector's significant investment in biosecurity benefited in this regard. However, logistical disruption is the primary cause of shortages and distribution challenges.
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