Reports and Data published a new report titled global Organic Animal Feed Market research report that delivers a close watch on changing market trends as well as the size of individual segments, and overall industry outlook. The detailed elaboration of the global Organic Animal Feed market has been provided by applying industry analysis techniques such as SWOT and Porter’s five-technique. Collectively, this research report offers a reliable evaluation of the global market to present the overall framework of businesses.
The global Organic Animal Feed Market size is expected to reach USD 12.60 Billion by 2028 and register a CAGR of 7.1% over the forecast period, according to the latest report by Reports and Data. Increasing adoption of organic farming practices to cater to growing consumer concerns regarding animal health and contamination of products is a key factor driving market revenue growth. Increasing demand for organic food products, growing organic livestock farming, and increasing need to improve health and performance of livestock are some other key factors expected to drive revenue growth of market over the forecast period.
The competitive landscape section of the report discusses in detail the company overview, product and services portfolio, business expansion plans, production and manufacturing capacity, financial standing, and global market position. It further sheds light on the recent mergers and acquisitions, collaborations, partnerships, corporate and government deals, agreements, and product launches.
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Key Players:
Major companies operating in the market include Cargill, BernAqua, Country Heritage Feeds, ForFarmers, SunOpt, Ranch-Way Feeds, Aller Aqua, Purina Animal Nutrition LLC, Scratch and Peck Feeds, K-Much Feed Industry Co., Ltd., The Organic Animal Feed Company, BW Feeds, Feedex Companies, Country Junction feed, and Green Mountian Feeds, among others.
Some Key Highlights From the Report:
- Cereals and grains segment is expected to register significant revenue growth over the forecast period owing to increasing production of high-yield crops such as wheat, barley, and corn across the globe. Organic Animal Feed majorly contains wheat, barley, and corn and this is expected to further contribute to revenue growth of this segment.
- Pellets segment is expected to account for a significant revenue share in the global market over the forecast period. Steady growth can be attributed to pellets form being the most widely preferred form of Organic Animal Feed. This form is easy to feed animals with and is convenient to store.
- Poultry segment is expected to register significant revenue CAGR over the forecast period owing to increasing demand for organic meat and rising consumption of poultry meat worldwide. Increasing concerns surrounding animal health and productivity and rising awareness about benefits of Organic Animal Feed in the poultry sector are factors expected to drive revenue growth of this segment.
- North America is expected to account for around 30% of revenue share in the global market over the forecast period owing to increasing availability of permitted food additives, increasing financial support from governments to farmers adopting organic farming practices, and robust presence of key market players in countries in the region.
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For the purpose of this report, Reports and Data has segmented the global Organic Animal Feed market based on type, form, livestock, and region:
Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Cereals Grains
- Oilseeds
- Forage
- Others
Form Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Pellets
- Crumbles
- Mashes
Livestock Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Poultry
- Ruminants
- Swine
- Aquatic animals
- Others
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Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
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Key questions answered:
- Which of these regions – North America, Europe, Asia Pacific, Latin America, and Middle East Africa, dominates market share?
- What is the outcome of the COVID-19 Impact Analysis performed in the report?
- What are the revenue estimations for every region in the Organic Animal Feed market?
- What is the current market valuation of each region and the estimated market size by the end of the forecast period?
- What is the projected growth rate of the global Organic Animal Feed market?
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
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