Global $415+ Billion Animal Feed Market Outlook to 2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 15, 2019--
The “Global Animal Feed Market - Forecasts from 2019 to 2024” report has been added to ResearchAndMarkets.com’s offering.
Animal feed market is expected to grow at a compound annual growth rate of 3.62% over the forecast period to reach a market size of US$415.494 billion in 2023 from US$335.738 billion in 2017.
Rapid urbanization and growing consumption of meat and other end products such as milk and eggs across different regions are driving the animal feed market growth opportunities during the forecast period. The feed helps in enhancing the animal’s abilities by providing enriched nutrients along with the feedstuff, accelerating growth and weight gain and developing immunity.
Outbursts of diseases in animals is a major factor contributing to the increasing adoption of animal feed as it enhances the health of the animals and in proper regulation of the food chain.
High growth in the animal feed market is aided by the growth strategies of major players in form of expansions and investments, which also helps in enhancing the product portfolio and reaching out to new target markets. Furthermore, growing livestock population along with the shift from unorganized livestock farming to the organized sector is further expected to propel the market growth opportunities in the coming years.
However, high price volatility of raw materials and stringent regulatory policies are expected to hinder the growth of the market during the forecast period.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations being implemented by the relevant agencies. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research.
Key Topics Covered
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base and Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Animal Feed Market By Type
5.3. Compound Feed
6. Animal Feed Market By Livestocks
6.2. Aquatic Animals
7. Animal Feed Market By Raw Material
7.3. Rendered Meal
8. Animal Feed Market By Fermentation
9. Animal Feed Market By Production Systems
9.2. Commercial Mills
10. Animal Feed Market By Geography
10.1. North America
10.2. South America
10.4. Middle East & Africa
10.5. Asia Pacific
11. Competitive Intelligence
11.1. Competitive Benchmarking & Analysis
11.2. Recent Investment & Deals
11.3. Strategies of Key Players
12. Company Profiles
12.1.1. Company Overview
12.1.3. Products & Services
12.1.4. Recent Developments
12.2. Balchem Inc.
12.3. Cargill Incorporated
12.4. Kemin Industries Inc.
12.6. Novus International
12.7. BASF SE
12.8. Charoen Pokphand Foods PCL
12.10. Purina Animal Nutrition
12.11. New Hope Liuhe
12.12. Tyson Foods
For more information about this report visit https://www.researchandmarkets.com/r/7i1c5f
View source version on businesswire.com:https://www.businesswire.com/news/home/20190515005811/en/
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Related Topics:Animal Feedstuffs
INDUSTRY KEYWORD: NATURAL RESOURCES AGRICULTURE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 05/15/2019 01:17 PM/DISC: 05/15/2019 01:17 PM