Feed and Animal Nutrition Market Set to Reach Valuation of USD 739.87 Million by 2029, Size, Share, Trends, Challenges and Competitive Analysis

PRESS RELEASE
Published April 12, 2023

The high quality Feed and Animal Nutrition Market research report gives all the crucial information regarding the market which helps to give guidance to a new user to grasp the market intensely. The market forecast will include the financial growth estimation of the market report. The report gives a holistic overview of the growth and other aspects of the Feed and Animal Nutrition industry in vital countries (regions). The regions provided in this report show the geographical boundaries across the globe. The market data in the reliable Feed and Animal Nutrition market document has been analyzed to the market potential for each region considering macroeconomic parameters, value chain analysis, channel partners, demand and supply.

Data Bridge Market Research analyses that the feed and animal nutrition market which was growing at a value of 482.1 billion in 2021 and is expected to reach the value of USD 739.87 million by 2029, at a CAGR of 5.50% during the forecast period.

An all inclusive Feed and Animal Nutrition market report enables clients to boost revenues from new and existing customer base as well as identify key trends and hidden opportunities, latest developments, market shares, and strategies that are employed by the major market players. The latest market data has been presented in the Feed and Animal Nutrition market study on the revenue numbers, product details, and sales of the major firms. In addition to this, the information also includes the breakdown of the revenue for the global market claiming a forecast for the same in the estimated time frame.

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Market Definition

Feed and animal nutrition are nutritious foods with high levels of proteins, minerals, and vitamins given to livestock, farm, and aquatic animals. Domestic animals primarily consume it in the form of fodder, hay, silage, pelleted feeds, oilseeds, sprouted grains, and forage, among other things. Feed and animal nutrition are an important component of animal rearing, and it varies depending on whether the animals are raised for meat, eggs, or milk.

Some of the major players operating in the feed and animal nutrition market are:

  • Yara (Norway)
  • Koch AG & Energy Solutions LLC (U.S.)
  • Coromandel International Limited (India)
  • Nutrien Ltd. (Canada)
  • Agriculture Solutions Inc (Canada)
  • Evergrow (Egypt)
  • Deepak Fertilizers and Petrochemicals Corporation Limited (India)
  • Hafia Groups (Israel)
  • Sapec Agro S.A. (Portugal)
  • Kugler Company (U.S.)
  • Impact Fertilizer (Australia)
  • Calcium Products (U.S.)
  • Israel Chemicals Limited (Israel)
  • Van Iperen International B.V. (Netherlands)
  • U.S. AG LLC (U.S.)
Global Feed and Animal Nutrition Market Scope

The feed and animal nutrition market is segmented on the basis of product type, species, application, and administrative method. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Amino Acids
  • Vitamins
  • Minerals
  • Enzymes
  • Fish Oils and Nutrition Lipids
  • Eubiotics
  • Carotenoids
  • Other Product Type

Species

  • Poultry
  • Swine
  • Ruminants
  • Pets
  • Other Species

Application

  • Veterinarians
  • Animal Feed Manufacturers
  • Households
  • Farms
  • Other Application

Administrative Method

  • Oral
  • Topical
  • Injection

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Feed and Animal Nutrition Market Dynamics

Drivers

  • Growing demand for animal based products

Increased emphasis on animal health will also drive market growth. Increased cattle farming will likely result in increased feed and animal nutrition demand. Humans’ increasing demand for animal-based products will drive up market demand. Proponents of natural growth are expected to be active in the market as their momentum grows. Rising consumer awareness of the benefits of using feed additives to reduce disease has fuelled the market’s demand.

  • Implementation of high farming standards and growing awareness of food safety around the world

Food safety concerns have increased the demand for high-quality feed and animal nutrition to ensure meat safety. Another factor driving the growth of the feed and animal nutrition market is the growing awareness among farm owners of the importance of maintaining a healthy animal based diet. As a result, they are transitioning from standard feed and animal nutrition to functional and premium variants that help improve the animals’ immunity against enzootic diseases while also lowering the risk of metabolic disorders, acidosis, injuries, and infections.

Furthermore, an increase in demand for organic meat from developed-country consumers, as well as the implementation of new animal rearing practises and the maintenance of high farming standards, has created a positive outlook for the industry.

Opportunity

Rising consumer spending power, extensive R&D, and the implementation of favourable government policies promoting the use of quality animal feed are expected to drive the market even further.

Restraints

High raw material prices, as well as an increasing number of restrictions and regulatory bans, will act as market restraints for the growth of feed and animal nutrition during the forecast period. Less product awareness will act as a restraint further challenging the growth of the feed and animal nutrition market during the forecast period.

This feed and animal nutrition market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the feed and animal nutrition market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Feed and Animal Nutrition Market

Agriculture and food production have been identified as critical sectors Global during the COVID-19 situation. As a result, farmers have continued to ensure that farm animals receive high-quality nutrition in order to feed an increasing number of global consumers. However, the supply chain disruption has become the most significant factor affecting the feed and animal nutrition market. China is a major producer and exporter of feed and animal nutrition, and it stockpiled significant amounts of product during the emergence of the COVID-19 situation while businesses were closed for the Lunar New Year, which was enough for 2-3 months’ supply. Furthermore, logistics issues have hampered the supply of containers and vessels and the transport of certain micro-ingredients.

Feed and Animal Nutrition Market Regional Analysis/Insights

The Feed and Animal Nutrition market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Feed and Animal Nutrition market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Feed and Animal Nutrition within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Feed and Animal Nutrition market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

The report answers questions such as:

  1. What is the market size and forecast of the Feed and Animal Nutrition Market?
  2. What are the inhibiting factors and impact of COVID-19 shaping the Feed and Animal Nutrition Market during the forecast period?
  3. Which are the products/segments/applications/areas to invest in over the forecast period in the Feed and Animal Nutrition Market?
  4. What is the competitive strategic window for opportunities in the Feed and Animal Nutrition Market?
  5. What are the technology trends and regulatory frameworks in the Feed and Animal Nutrition Market?
  6. What is the market share of the leading vendors in the Feed and Animal Nutrition Market?
  7. What modes and strategic moves are considered suitable for entering the Feed and Animal Nutrition Market?

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