Animal Feed Market Analysis – Market Growth, Trends, and Forecast
Animal Feed Market Overview
Technavio’s latest animal feed market analysis highlights that the rising demand for meat products sourced from livestock and poultry animals across the globe is expected to drive animal feed industry growth in the coming years. Other factors contributing to animal feed market growth include a growing awareness of the health benefits associated with algae-based animal feed and ingredients, along with advancements in testing methods for non-GMO labels. Non-GMO products are a healthier alternative to GM foods and animal feed market vendors are trying to earn higher profits by capitalizing on consumers who are ready to pay higher prices for non-GMO products. Similarly, many leading vendors operating in the dairy and meat industry are also switching to non-GMO animal feed products.
These factors will drive global animal feed market size to incremental growth of over USD 93 billion between 2017-2022, accelerating at a CAGR of nearly 4%. Additionally, Technavio’s research identifies that the adoption of algae-based animal feed is expected to be a major animal feed industry trend over the next few years. Other insights provided within Technavio’s animal feed market reports include:
Animal Feed Market Insights
- Several governments are formulating standards and guidelines to regulate and monitor additives usage in the animal feed market.
- The demand for water-soluble organic animal feed supplements and animal feed organic trace minerals is likely to boost animal feed market growth in the coming years.
- Animal feed manufacturers are forming various strategic alliances to expand their market presence.
View more animal feed market research insights: Download a free sample report
Animal Feed Market Share and Segmentation
Within our animal feed industry research, we provide deep insights into the animal feed market landscape, its segments, and their market share. Our research experts segment the animal feed market by product, additives, and form. The animal feed market by form is broken down into dry animal feed and liquid animal feed. The global liquid feed market is forecasted for steady growth in the coming years owing to increasing livestock applications, especially poultry and swine. Geographically, the liquid feed market in China is forecasted for steady growth due to increasing swine applications as there is increased emphasis on providing pig meat safety for human consumption, thus contributing to the overall growth of the global liquid feed market.
Our animal feed market segmentation research offerings include:
- Animal Feed Products Market
- Poultry animal feed market
- Swine animal feed market
- Ruminant animal feed market
- Aquaculture animal feed market
- Animal Feed Additives Market
- Animal feed vitamin market
- Animal feed amino acid market
- Animal feed antioxidant market
- Animal feed enzymes market
- Animal feed acidifier market
- Animal feed probiotics market
- Animal feed sweeteners market
- Animal feed flavors market
- Animal feed pigments market
- Animal Feed Market by Form
- Dry animal feed market
- Liquid animal feed market
We at Technavio, with our comprehensive understanding of the animal feed market, have been monitoring the latest industry trends and developments to create an in-depth portfolio of animal feed market reports. These reports help our clients identify opportunities within the market and develop effective strategies to optimize their market positions. Our animal feed market reports offer the following insights:
- Animal feed industry outlook
- Animal feed industry statistics
- Animal feed market size
- Animal feed market share
- Animal feed market growth
- Animal feed market forecast
- Animal feed market trends
- Animal feed market vendor landscape
