Animal Feed Market Size to Grow by USD 124.89 billion with 47% of the market growth from APAC - 17,000+ Technavio Reports

Animal Feed Market will have Archer Daniels Midland Co., Cargill Inc., and Evonik Industries AG emerge as major participants 

NEW YORK, Aug. 31, 2022 /PRNewswire/ -- The latest market analysis report titled Animal Feed Market by Animal Type and Geography - Forecast and Analysis 2022-2026 has been added to Technavio's catalog. The report predicts the market to witness an accelerating growth momentum at a CAGR of 4.79%. Technavio categorizes the global animal feed market as a part of the global agricultural products market. Our report provides extensive information on the value chain analysis for the animal feed market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

For more insights on the scope and value chain analysis, Read a FREE Sample Report

Top 5 Animal Feed Market Players

Archer Daniels Midland Co.

The company offers high-quality animal feed for all species, including beef, dairy, equine, swine, pets, layers, broilers, rabbits, and shrimp.

Cargill Inc.

The company offers high-quality animal feed, through its brands such as Diamond V, EWOS, Nutrena, and Purina.

Charoen Pokphand Foods PCL

The company offers animal feed products such as swine feeds, chicken feeds, duck feeds, shrimp feeds, and fish feed.

Evonik Industries AG

The company offers animal feed for all species, such as poultry, swine, and aquatic animals.

ForFarmers NV

The company offers animal feed solutions such as compound feed, young animal feed, and specialised feed.

Get Vendor-specific product insights and strategic initiatives in this PDF Sample Report

Animal Feed Market Segmentation Highlights

• Animal Type
• Poultry: The animal feed market share growth in the poultry segment will be significant during the forecast period. Poultry dominates the meat market worldwide as it is free from the religious implications that are normally associated with beef and pork. The important markets for poultry meat are the key emerging countries, such as China, Brazil, and India, that have a high population. In addition, poultry comes under the white meat category, which is considered healthier for consumption compared with red meat. Such health benefits of poultry will drive the animal feed market growth during the forecast period.
• Swine
• Ruminant
• Aquaculture
• Others

• Geography
• APAC: 47% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for the animal feed market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The increasing production of beef, veal, and chicken meat will facilitate the animal feed market growth in APAC over the forecast period. 
• Europe
• North America
• South America
• MEA

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The increasing investments and focus on expanding production capabilities is one of the key drivers supporting the animal feed market growth. Manufacturers focus on expanding their production capabilities to cater to the growing demand for animal feed products worldwide. The increase in production capacity ensures that they are well-positioned to cater to customers growing needs across markets. In addition, the rise in global meat consumption is one of the key animal feed market trends fueling the animal feed market growth. The rise in the population also drives the global meat market and increases the production capacity and supply. People have become more conscious about their protein intake in their daily diet, which has led to an increase in the consumption of meat. The majority of the global rise in meat production and consumption is from APAC and MEA, further, influencing the market growth positively during the forecast period.

However, the high price of non-GMO animal feed is one of the challenges hindering the animal feed market growth. Due to the increasing consumer expectations and demand for non-GMO feed, several vendors in Europe import non-GMO feed products from countries such as Brazil and sell them at premium prices to end-users. Many livestock farmers depend on GMO animal feed products owing to their low cost and easy availability. Small livestock farmers with low-profit margins do not prefer high-priced non-GMO feed. Such a shift in preference will limit the animal feed market growth during the forecast period.

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Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of the pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

FAQs

• Which is the latest market trend taking the market by storm?
• What are some of the most influential market drivers, restraints, and opportunities (DROs)?
• What are the historical and projected revenue values and CAGR percentage?
• Which strategic initiatives will influence competitive scenarios and define the market growth potential?
• Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
• Who are the top market share contributors and their latest organizational restructuring plans?

Related Reports:

Animal Feed Additives Market by Animal Type and Geography - Forecast and Analysis 2022-2026

Animal Feed Enzymes Market by Form and Geography - Forecast and Analysis 2022-2026

Non-GMO Animal Feed Market by Product and Geography - Forecast and Analysis 2022-2026

Global Animal Feed Vitamin Market by Application and Geography - Forecast and Analysis 2022-2026

Table of Content

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Animal Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Animal Type

• 5.1 Market segments
• Exhibit 24: Chart on Animal Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Animal Type - Market share 2021-2026 (%)

• 5.2 Comparison by Animal Type
• Exhibit 26: Chart on Comparison by Animal Type
• Exhibit 27: Data Table on Comparison by Animal Type

• 5.3 Poultry - Market size and forecast 2021-2026
• Exhibit 28: Chart on Poultry - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on Poultry - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on Poultry - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Poultry - Year-over-year growth 2021-2026 (%)

• 5.4 Swine - Market size and forecast 2021-2026
• Exhibit 32: Chart on Swine - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on Swine - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on Swine - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Swine - Year-over-year growth 2021-2026 (%)

• 5.5 Ruminant - Market size and forecast 2021-2026
• Exhibit 36: Chart on Ruminant - Market size and forecast 2021-2026 ($ billion)
• Exhibit 37: Data Table on Ruminant - Market size and forecast 2021-2026 ($ billion)
• Exhibit 38: Chart on Ruminant - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Ruminant - Year-over-year growth 2021-2026 (%)

• 5.6 Aquaculture - Market size and forecast 2021-2026
• Exhibit 40: Chart on Aquaculture - Market size and forecast 2021-2026 ($ billion)
• Exhibit 41: Data Table on Aquaculture - Market size and forecast 2021-2026 ($ billion)
• Exhibit 42: Chart on Aquaculture - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Aquaculture - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ billion)
• Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
• Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by Animal Type
• Exhibit 48: Market opportunity by Animal Type ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 52: Chart on Geographic comparison
• Exhibit 53: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 62: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026
• Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 Brazil - Market size and forecast 2021-2026
• Exhibit 82: Chart on Brazil - Market size and forecast 2021-2026 ($ billion)
• Exhibit 83: Data Table on Brazil - Market size and forecast 2021-2026 ($ billion)
• Exhibit 84: Chart on Brazil - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Brazil - Year-over-year growth 2021-2026 (%)

• 7.11 Russia - Market size and forecast 2021-2026
• Exhibit 86: Chart on Russia - Market size and forecast 2021-2026 ($ billion)
• Exhibit 87: Data Table on Russia - Market size and forecast 2021-2026 ($ billion)
• Exhibit 88: Chart on Russia - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Russia - Year-over-year growth 2021-2026 (%)

• 7.12 Spain - Market size and forecast 2021-2026
• Exhibit 90: Chart on Spain - Market size and forecast 2021-2026 ($ billion)
• Exhibit 91: Data Table on Spain - Market size and forecast 2021-2026 ($ billion)
• Exhibit 92: Chart on Spain - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on Spain - Year-over-year growth 2021-2026 (%)

• 7.13 India - Market size and forecast 2021-2026
• Exhibit 94: Chart on India - Market size and forecast 2021-2026 ($ billion)
• Exhibit 95: Data Table on India - Market size and forecast 2021-2026 ($ billion)
• Exhibit 96: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 97: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.14 Market opportunity by geography
• Exhibit 98: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 99: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 100: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 101: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 102: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 103: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 104: Matrix on vendor position and classification

• 10.3 Archer Daniels Midland Co.
• Exhibit 105: Archer Daniels Midland Co. - Overview
• Exhibit 106: Archer Daniels Midland Co. - Business segments
• Exhibit 107: Archer Daniels Midland Co. - Key offerings
• Exhibit 108: Archer Daniels Midland Co. - Segment focus

• 10.4 Cargill Inc.
• Exhibit 109: Cargill Inc. - Overview
• Exhibit 110: Cargill Inc. - Product / Service
• Exhibit 111: Cargill Inc. - Key news
• Exhibit 112: Cargill Inc. - Key offerings

• 10.5 Charoen Pokphand Foods PCL
• Exhibit 113: Charoen Pokphand Foods PCL - Overview
• Exhibit 114: Charoen Pokphand Foods PCL - Business segments
• Exhibit 115: Charoen Pokphand Foods PCL - Key offerings
• Exhibit 116: Charoen Pokphand Foods PCL - Segment focus

• 10.6 Evonik Industries AG
• Exhibit 117: Evonik Industries AG - Overview
• Exhibit 118: Evonik Industries AG - Business segments
• Exhibit 119: Evonik Industries AG - Key news
• Exhibit 120: Evonik Industries AG - Key offerings
• Exhibit 121: Evonik Industries AG - Segment focus

• 10.7 ForFarmers NV
• Exhibit 122: ForFarmers NV - Overview
• Exhibit 123: ForFarmers NV - Business segments
• Exhibit 124: ForFarmers NV - Key offerings
• Exhibit 125: ForFarmers NV - Segment focus

• 10.8 Guangdong Haid Group Co. Ltd.
• Exhibit 126: Guangdong Haid Group Co. Ltd. - Overview
• Exhibit 127: Guangdong Haid Group Co. Ltd. - Business segments
• Exhibit 128: Guangdong Haid Group Co. Ltd. - Key offerings
• Exhibit 129: Guangdong Haid Group Co. Ltd. - Segment focus

• 10.9 Land O Lakes Inc.
• Exhibit 130: Land O Lakes Inc. - Overview
• Exhibit 131: Land O Lakes Inc. - Product / Service
• Exhibit 132: Land O Lakes Inc. - Key offerings

• 10.10 New Hope Group Co. Ltd.
• Exhibit 133: New Hope Group Co. Ltd. - Overview
• Exhibit 134: New Hope Group Co. Ltd. - Product / Service
• Exhibit 135: New Hope Group Co. Ltd. - Key offerings

• 10.11 Nutreco NV
• Exhibit 136: Nutreco NV - Overview
• Exhibit 137: Nutreco NV - Product / Service
• Exhibit 138: Nutreco NV - Key news
• Exhibit 139: Nutreco NV - Key offerings

• 10.12 Perdue Farms Inc.
• Exhibit 140: Perdue Farms Inc. - Overview
• Exhibit 141: Perdue Farms Inc. - Product / Service
• Exhibit 142: Perdue Farms Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 143: Inclusions checklist
• Exhibit 144: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 145: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 146: Research methodology
• Exhibit 147: Validation techniques employed for market sizing
• Exhibit 148: Information sources

• 11.5 List of abbreviations
• Exhibit 149: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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