Animal Feed Market Size To Grow USD 649.63 Billion by 2032

According to a recent research report titled “Animal Feed Market (By Additives: Antibiotics, Vitamins, Antioxidants, Amino Acid, Feed Enzymes, Feed Acidifiers, Others; By Animal Type: Poultry, Cattle, Swine, Pet, Others; By Mode of Delivery: Premixes, Oral Powder, Oral Solutions; By End User: Feed Manufacturers, Contract Manufacturers, Livestock Producers, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032
” published by Precedence Research, the global animal feed market size is projected to touch around USD 649.63 billion by 2032 and growing at a CAGR of 4.2% over the forecast period 2023 to 2032. This comprehensive study examines various factors and their impact on the growth of the animal feed market.

Animal Feed Market Size 2023 To 2032

Key Takeaways

  • North America contributed more than 36% of revenue share in 2022.
  • Asia-Pacific region is estimated to expand the fastest CAGR between 2023 and 2032.
  • By Additives, the amino acid segment has held the largest market share of 59% in 2022.
  • By Additives, the antibiotics segment is anticipated to grow at a remarkable CAGR of 7.1% between 2023 and 2032.
  • By Animal Type, the poultry segment generated over 42% of revenue share in 2022.
  • By Animal Type, the pet segment is expected to expand at the fastest CAGR over the projected period.
  • By Mode of Delivery, the premixes segment had the largest market share of 53.2% in 2022.
  • By Mode of Delivery, the oral powder segment is expected to expand at the fastest CAGR over the projected period.
  • By End User, the feed manufacturers segment generated over 35.8% of revenue share in 2022.
  • By End User, the contract manufacturers is expected to expand at the fastest CAGR over the projected period.

The report primarily focuses on the volume and value of the animal feed market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.

Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.

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The research also highlights significant progressions in both organic and inorganic growth strategies within the global animal feed market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the animal feed market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.

Animal Feed Market Scope

Report Coverage Details
Market Size in 2023 USD 448.61 Billion
Market Size by 2032 USD 649.63 Billion
Growth Rate from 2023 to 2032 CAGR of 4.20%
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Additives, By Animal Type, By Mode of Delivery, and By End User
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Also read: Isopropyl Alcohol Market Size To Grow USD 4.95 Billion by 2032

Major Key Points Covered in the Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Market Key Players

The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the animal feed market.

Animal Feed Market Players

  • Cargill, Inc.
  • Archer Daniels Midland Company (ADM)
  • Charoen Pokphand Group (CP Group)
  • Nutreco N.V.
  • New Hope Group
  • Land O’Lakes, Inc.
  • ForFarmers N.V.
  • Alltech, Inc.
  • Wen’s Food Group
  • J.D. Heiskell & Co.
  • Dabaco Group
  • De Heus Animal Nutrition
  • Ridley Corporation Limited
  • Kemin Industries, Inc.
  • Biomin Holding GmbH

Market Segmentations 

By Additives

  • Antibiotics
  • Vitamins
  • Antioxidants
  • Amino Acid
  • Feed Enzymes
  • Feed Acidifiers
  • Others

By Animal Type

  • Poultry
  • Cattle
  • Swine
  • Pet
  • Others

By Mode of Delivery

  • Premixes
  • Oral Powder
  • Oral Solutions

By End User

  • Feed Manufacturers
  • Contract Manufacturers
  • Livestock Producers
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Table of Contents:

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Animal Feed Market 

5.1. COVID-19 Landscape: Animal Feed Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Animal Feed Market, By Additives

8.1. Animal Feed Market Revenue and Volume Forecast, by Additives, 2023-2032

8.1.1. Antibiotics

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Vitamins

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. Antioxidants

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

8.1.4. Amino Acid

8.1.4.1. Market Revenue and Volume Forecast (2020-2032)

8.1.5. Feed Enzymes

8.1.5.1. Market Revenue and Volume Forecast (2020-2032)

8.1.6. Feed Acidifiers

8.1.6.1. Market Revenue and Volume Forecast (2020-2032)

8.1.7. Others

8.1.7.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Animal Feed Market, By Animal Type

9.1. Animal Feed Market Revenue and Volume Forecast, by Animal Type, 2023-2032

9.1.1. Poultry

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Cattle

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Swine

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

9.1.4. Pet

9.1.4.1. Market Revenue and Volume Forecast (2020-2032)

9.1.5. Others

9.1.5.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Animal Feed Market, By Mode of Delivery 

10.1. Animal Feed Market Revenue and Volume Forecast, by Mode of Delivery, 2023-2032

10.1.1. Premixes

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Oral Powder

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. Oral Solutions

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Animal Feed Market, By End User 

11.1. Animal Feed Market Revenue and Volume Forecast, by End User, 2023-2032

11.1.1. Feed Manufacturers

11.1.1.1. Market Revenue and Volume Forecast (2020-2032)

11.1.2. Contract Manufacturers

11.1.2.1. Market Revenue and Volume Forecast (2020-2032)

11.1.3. Livestock Producers

11.1.3.1. Market Revenue and Volume Forecast (2020-2032)

11.1.4. Others

11.1.4.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 12. Global Animal Feed Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.1.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.1.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.1.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.1.5.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.1.5.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.1.5.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.1.6.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.1.6.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.1.6.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.2.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.2.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.2.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.2.5.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.2.5.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.2.5.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.2.6.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.2.6.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.2.6.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.2.7.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.2.7.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.2.7.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.2.8.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.2.8.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.2.8.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.3.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.3.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.3.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.3.5.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.3.5.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.3.5.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.3.6.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.3.6.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.3.6.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.3.7.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.3.7.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.3.7.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.3.8.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.3.8.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.3.8.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.4.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.4.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.4.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.4.5.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.4.5.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.4.5.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.4.6.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.4.6.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.4.6.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.4.7.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.4.7.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.4.7.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.4.8.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.4.8.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.4.8.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.5.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.5.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.5.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.5.5.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.5.5.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.5.5.4. Market Revenue and Volume Forecast, by End User (2020-2032)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Additives (2020-2032)

12.5.6.2. Market Revenue and Volume Forecast, by Animal Type (2020-2032)

12.5.6.3. Market Revenue and Volume Forecast, by Mode of Delivery (2020-2032)

12.5.6.4. Market Revenue and Volume Forecast, by End User (2020-2032)

Chapter 13. Company Profiles

13.1. Cargill, Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Archer Daniels Midland Company (ADM)

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Charoen Pokphand Group (CP Group)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Nutreco N.V.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. New Hope Group

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Land O’Lakes, Inc.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. ForFarmers N.V.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Alltech, Inc.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Wen’s Food Group

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. J.D. Heiskell & Co.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

This report presents a compelling investment opportunity for those interested in the global animal feed market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for animal feed. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.

Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.

Some of the key questions answered in this report:       

  • What is the size of the overall Animal feed market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities and challenges of the Animal feed market and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Animal feed market?
  • What is the Animal feed market size at the regional and country-level?
  • Who are the key market players and their key competitors?
  • What are the strategies for growth adopted by the key players in Animal feed market?
  • What are the recent trends in Animal feed market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Animal feed market growth?
  • What are the key market trends impacting the growth of Animal feed market?

 

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

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