Report Description
A recent market intelligence report that is published by Data Insights Partner on Animal Feed Ingredients Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international. The research study also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and world Animal Feed Ingredients Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of international Animal Feed Ingredients Market is offered.
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Market Insights:
In accordance with the report, the Animal Feed Ingredients Market is projected to expand at a CAGR of X.X% over the period of forecast. The global Animal Feed Ingredients Market was valued at USD XX.X Mn in 2019 and is expected to reach USD XX.X Mn in 2031, growing with a significant CAGR rate during the forecast period. Increased financial support for growers has pushed them to grow poultry and cattle more efficiently, resulting in an increase in the need for animal feed protein ingredients. The global meat industry will be propelled by increasing consumer knowledge of the extrinsic quality of meat, which will accelerate the market for animal feed protein components. A primary growth driver for animal feed ingredients is rising need for suitable feed in the poultry, swine, cattle, and aquaculture segments. Protein is essential in ruminant diets because it provides ammonia, which is required for microbial development. Demand for cow feed would be boosted if milk consumption increased due to its high nutritional content. It is critical to feed appropriate protein to animals in order to maximise animal output and ranch profitability. Overall demand for animal feed components will be boosted as a result of these reasons. The use of feed additives for various livestock, such as poultry, swine, aquatic animals, and cattle, is primarily driven by an increase in demand for feed additives in Asia-Pacific and a growing concern about the quality of meat and meat-related goods. Cargill, Inc., Archer Daniels Midland Company, and Addcon Group, for example, use a variety of growth tactics to extend their market presence and meet the rising need for feed additives. Owing to the existence of large cattle ranches in the region, North America accounts for the majority of feed ingredient production and consumption. Animal-based protein supplements are highly preferred by the North American population. South America exports a large amount of protein-rich animal feed, which will help the region thrive. The rising emphasis of feed and food safety is expected to stifle demand for animal feed ingredients among wary customers. Since the coronavirus swept the globe, the global consumption pattern has shifted dramatically. However, different government regulations toward use of certain synthetic additives and increase in production cost of effective feed additives restrict the market growth. The change of poultry production from a backyard pastime to a major commercial activity in recent years has resulted in increased production of poultry products in developing nations such as India, Taiwan, and Vietnam. Farmers have been motivated to adopt new animal feeding patterns as a result of this trend, which is expected to drive the Asia Pacific animal feed protein ingredients market.
Research Methodology:
To compile the detailed study of the global Animal Feed Ingredients Market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Animal Feed Ingredients Market. Comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Our research methodology implements a mix of primary as well as secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; government published documents, investor presentations, company annual reports, Industrial papers, and paid databases. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the Animal Feed Ingredients Market.
COVID-19 Scenario Analysis:
The COVID-19 outbreak has shaken the whole economy in the world. In this scenario some industries are doing quite well while others have been crushed. This section of the report has explored the overall status of the COVID-19 scenario. The industry witnessed a huge decline in terms of sales. Likewise, the Animal Feed Ingredients Market was affected negatively due to the shutdown of manufacturing/processing facilities for some time. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.
Segment Covered:
Animal Feed Ingredients Market report has been segmented By Type, By Application also includes the market size and forecast for all these segments. Compounded annual growth rates for all segments have also been provided for 2019 to 2031. This report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
Key Segments:
Animal Feed Ingredients Market research report includes an in-depth coverage of the industry with estimates & forecast from 2022 to 2031, for the following segments:
Animal Feed Ingredients Market, By Product, 2022-2031 (USD Million)
Oilseed meals
o Copra palm meal
o Cottonseed meal
o Rapeseed
o Soymeal
o Sunflower meal
o Other oils
Fishmeal
Animal By-product Meals
o Blood meal
o Feather meal
o Meat & bone meal
o Meat meal
o Poultry meal
Animal Feed Ingredients Market, By Livestock, 2022-2031 (USD Million)
Poultry
o Broiler
o Layer
o Turkey
o Others
Swine
o Grower
o Sow
o Starter
Cattle
o Calf
o Dairy
o Others
Aquaculture
o Carp
o Crab
o Eel
o Herring
o Pomfret
o Salmon
o Seabass
o Shrimp
o Snakehead
o Trout
o Turtle
o Yellow Catfish
o Others
Pet food
Equine
Others
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Report Highlights:
The prime objective of the Animal Feed Ingredients Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with different major regions and more than 30 major countries across the globe. During the report’s production, extensive research and analysis were conducted. This research will assist readers in gaining a thorough understanding of the market.
Animal Feed Ingredients Market, By Region, 2022-2031 (USD Million)
North America ( United States, Canada, Mexico)
Europe (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
South Asia ( India, Pakistan and Bangladesh)
East Asia (China, Japan and South Korea)
South East Asia (Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
Middle East (Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
Africa (Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
South America (Brazil, Argentina, Colombia, Chile, and Rest of SA)
Oceania (Australia and New Zealand)
Companies Profiled:
To enhance their position in the global market, key suppliers/manufacturers are concentrating on business expansion and product innovation. Manufacturers/producers are also working on boosting their manufacturing capacity and product quality to gain a competitive advantage. The following are some of the prominent manufacturers in the worldwide Animal Feed Ingredients Market:
A Constantino
ADM
Alltech
BRF
Burcon Nutrascience Corporation
Cargill
Catalysta
CHS
CJ Cheiljedang Corporation
CropEnergies AG
Darling Ingredients
DSM
Dupont
Evershining Ingredients Company
Grain Millers
Green Labs LLC.
GRF Ingredients
Hamlet Proteins
Imcopa Food Ingredients B.V
J.R Simplot Co.
Mosaic Company
Sojaprotein
Sojaprotein
Titan Biotech
Others
Animal Feed Ingredients Market Report Highlights:
Detailed analysis of the parent market
Key players’ strategies and products supplied in the competitive landscape
Market segmentation in depth analysis
Market size in terms of volume and value, past, present, and future scenario
Potential and specialty areas, as well as geographical regions with promising growth prospects
Market players use this information to maintain and expand their market presence, thus it’s important to have an unbiased perspective on market performance.
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