An Incisive, In-depth Analysis on the Nutritional Ingredients In Animal Feed Market
This study offers a comprehensive, 360 degree analysis on the Nutritional Ingredients In Animal Feed market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Nutritional Ingredients In Animal Feed market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Global Animal Feed Nutrition Market to Surpass US$ 641 Mn by 2030
The global animal feed nutrition market is projected to reach US$ 641.3 Mn by the end of 2030. The market was valued at US$ 420.9 Mn in 2020. If these figures hold true, the market will exhibit a CAGR of 4.3% between 2020 and 2030. Regionally, North America is expected dominate the market. However during the forecast period, East Asia is forecast to show growth at a higher pace. In terms of ingredient, the market can be classified into corn, wheat, soybean meal, and oats. Of these, wheat and soybean meals segments are likely to lead the global market.
Growth in Livestock Feed Industry Causes Higher Sales in Animal Feed
Growth opportunities in the market for animal feed nutrition look positive on account of the expansion of the livestock feed industry. In addition to this, the consistently rising demand in developing countries and uptick in aquaculture as a result of rising per-capita meat consumption is driving the animal feed nutrition market. Experts also find ban on antibiotics as chief growth driver for the market. Coupled with the aforementioned factors, the rising awareness among pet owners regarding what is good for the health of their pets will fuel demand for functional ingredients, in turn boosting the animal feed nutrition market. According to the study, the demand for soybean meal and wheat-based ingredients is likely to remain considerably high through the course of the forecast period.
North America Offers Lucrative Growth Opportunities
Regionally, the global animal feed nutrition market covers North America, Latin America, East Asia, South Asia, Europe, Oceania and the MEA. Among these regions North America currently leads the market. Factors such as better awareness among consumers and their higher disposable income aid their choice of animal feed nutrition. In addition to this, the demand for animal feed nutrition is expected to remain high in Asia Pacific. Growth in this region is propelled by precedence of the agricultural sector and high dependence on domestic animals. Increasing pet ownership is also expected support the growth of the market in the region
Rising Awareness among Consumers will Stoke Growth Opportunities
Consumers around the world are increasingly becoming aware about both animal and human health. As a result, despite increasing meat consumption stringent regulations are introduced to put a ban on the use of antibiotics in several countries. Given the scenario, the sales of animal feed has spiked. This is particularly true in case of developing regions. The rising pet ownership in emerging economies, coupled with the rising disposable of consumers and their increasing awareness will stoke growth opportunities for the market in the coming years.
Animal Feed Nutrition Market - Key Research Findings
- The market will exhibit a CAGR of 4.3% between 2020 and 2030
- Households or pets segment is one of the major application areas of animal nutrition owing to the rapidly increasing number of pets and domesticated animals
- The Asia Pacific animal feed nutrition market is expected to hold the largest share and is anticipated to grow at a higher CAGR
- Investments in research and development (R&D) to enhance food fortification processes are forecast to create new growth opportunities in the forthcoming years
- With increasing exports of animal products from China and India, the pressure for achieving greater animal productivity is driving the need for animal feed nutrition market
Key Factors Shaping the Animal Feed Nutrition Market
- Growing Demand in Meat Industry
Growing red and white meat consumption, demand for protein rich diet, rise in population and correspondingly increasing food availability issues are some the major factors propelling the demand for animal nutrition chemical products. Among applications of animal nutrition chemicals poultry holds largest market share due to high consumption rate of chicken and advancement of poultry production methods. Developing risk of deadly diseases and nutrition malfunction among poultry fowls has led to rise in demand for animal nutrition chemical products in this industry.
- Amino Acids Segment Among Products to Exhibit High Growth
Amino acids are considered extremely essential for animal nutrition. They are vital nutrients required in animal’s body to complete main bodily functions such as protein synthesis, structuring cells, carriage and the storage of other nutrients. In addition, quality animal-based food products such as meat, milk, wool, and eggs are obtained by optimal supplementation of amino acid. Animal breeders are experiencing better results from branched-chain amino acids (BCAA) which are anticipated to cause a surge in demand for animal nutrition chemicals.
- Rising Demand for Nutrition Rich Feed Driving Demand
The growing awareness of animal feed quality for domestic animals and nutrient required for them is driving the acids & nutrients segment in the animal nutrition market. Rising use of animal feed is anticipated to have the positive impact on the market growth in the coming years. Rising milk and meat industries is encouraging the feed manufacturers to provide high quality feeds that are rich in acids and nutrients, thus contributing to the market growth.
Animal Feed Nutrition Market - Structure Analysis
- Players in the market are focusing on expanding their product portfolio by launching new products. This will help them in increasing revenue flow as well as their share in the market
- Some of the companies are focusing on launching new products under new brand names. For instance, in 2018, Patanjali announced the launch of urea-free cattle feed and feed supplements under the new brand, Dugdhamrit
Base year considered
Actual estimates/Historical data
2015 – 2019
2020 – 2030
Market Value in 2020
US$ 420.9 Mn
Form, Application, Function and Region
North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA
BASF SE, Cargill Inc., Charoen Pokphand Foods Pcl, Nutreco N.V., Novus International Inc., Adisseo France S.A.S., Evonik Industries Ag, Archer Daniels Midland Company, Royal DSM N.V., and Alltech.
Animal Feed Nutrition Market: Global Industry Analysis 2015-2019 & Opportunity Assessment 2020-2030
A recent market study published by Future Market Insights on the animal feed nutrition market offers global industry analysis for 2015-2019 & opportunity assessment for 2020–2030. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
The global animal feed nutrition market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Chapter 01 - Executive Summary
The executive summary of the animal feed nutrition market includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global animal feed nutrition.
Chapter 02 – Market Introduction
Readers can find the detailed segmentation and definition of the animal feed nutrition market in this chapter, which will help them understand basic information about the animal feed nutrition. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the animal feed nutrition report.
Chapter 03 – Market Background
The associated industry assessment of the animal feed nutrition market is carried out in this section. The macroeconomic factors affecting growth of the market are provided in this section and the impact of these macroeconomic indicators on animal feed nutrition is analyzed. The processing overview and technological advancements in the animal feed nutrition is also provided.
Chapter 04 - Global Animal Feed Nutrition Market Value Chain
Profit margins at each level of the animal feed nutrition market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the market.
Chapter 05 – Market Dynamics
The drivers and restraints impacting the growth of the animal feed nutrition market are explained in this chapter. Opportunities and ongoing trends in the animal feed nutrition are also comprehensively discussed.
Chapter 06 – Global Animal Feed Nutrition Market Analysis and Forecast 2015-2030
This chapter includes detailed analysis of the historical animal feed nutrition market (2015-2019), along with an opportunity analysis for the forecast period (2020-2030). Readers can also find the absolute $ opportunity for the current year (2020 – 2020) and incremental opportunity for the forecast period (2020–2030). This chapter provides details about the animal feed nutrition market on the basis of ingredient, and by type. In this chapter, readers can understand market attractive analysis for all segments. This chapter explains how the animal feed nutrition is anticipated to grow across North America, Latin America, Europe, South Asia, Oceania, East Asia and Middle East and Africa.
Chapter 07 – North America Animal Feed Nutrition Market Analysis 2015-2019 & Forecast 2020-2030
This chapter includes a detailed analysis of the growth of the animal feed nutrition market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on product type and countries in the North America region.
Chapter 08 – Latin America Animal Feed Nutrition Market Analysis 2015-2019 & Forecast 2020-2030
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of animal feed nutrition market in the Latin America region. This chapter also includes growth prospects of the market in leading LATAM countries such as Brazil, Mexico, and the Rest of Latin America.
Chapter 09 –Europe Animal Feed Nutrition Market Analysis 2015-2019 & Forecast 2020-2030
Important growth prospects of the animal feed nutrition market based on its end user in several countries such as Germany, Italy, France, U.K., Spain, BENLUX, Russia and Rest of Europe are included in this chapter.
Chapter 10 – South Asia Animal Feed Nutrition Market Analysis 2015-2019 & Forecast 2020-2030
This chapter includes a detailed analysis of the growth of the animal feed nutrition market in South Asia including the important growth prospects of the animal feed nutrition in several countries such as India, Thailand, Indonesia, Malaysia, and Oceania and Rest of South Africa are included in this chapter.
Chapter 11 – East Asia Animal Feed Nutrition Market Analysis 2015-2019 & Forecast 2020-2030
This chapter includes a detailed analysis of the growth of the animal feed nutrition market in East Asia region including the important growth prospects of the animal feed nutrition in several countries such as China, Japan and South Korea are included in this chapter
Chapter 12 – Oceania Animal Feed Nutrition Market Analysis 2015-2019 & Forecast 2020-2030
This chapter includes a detailed analysis of the growth of the animal feed nutrition market in the Oceania. Readers can also find regional trends, regulations, and market growth of countries in the Oceania
Chapter 13 – Middle East and Africa Animal Feed Nutrition Market Analysis 2015-2019 & Forecast 2020-2030
This chapter offers insights into how the animal feed nutrition market is expected to grow in major countries in the MEA region such as GCC Countries, Turkey, South Africa, Northern Africa and the Rest of MEA, during the forecast period 2020-2030.
Chapter 15– Competition Assessment
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the animal feed nutrition along with their market presence analysis by region and product portfolio. Readers can find a comprehensive list of leading manufacturers in the animal feed nutrition, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players and end users featured in the report BASF SE, Ingredion Inc., Barentz, Altech Corp. and others.
Chapter 16 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the animal feed nutrition report.
Chapter 17 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the animal feed nutrition.
Sources and Primary Research Splits (%)