Animal Feed Market by Animal Type and Geography - Forecast 2021 - 2025

Posted by sarahbennu on April 14th, 2021

Animal Feed Market will register a CAGR of % during 2020-2024. The market’s growth momentum will Accelerate.

Increasing number of product launches | Increasing investments in the market | Increasing number of mergers and acquisitions will be one of the major factors driving the growth of this market. Additionally, key Animal Feed Market trends such as the Entry of new players into the market | Increasing demand for meat and poultry | Adoption of new technologies will also influence market growth during the forecast period.

Animal Feed Market Size

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During the forecast period, the Animal Feed Market size will grow by $ 110.29 bn.

Animal Feed Market : Vendors

The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Animal Feed Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the High price of non-GMO animal feed | Development of clean meat products | Growing consumer inclination toward vegan food will also challenge the growth of the companies.

Archer Daniels Midland Co. | Cargill Inc. | Charoen Pokphand Foods Plc | Evonik Industries AG | ForFarmers NV | Guangdong Haid Group Co. Ltd. | Land O Lakes Inc. | New Hope Group Co. Ltd. | Nutreco NV | Perdue Farms Inc..list

are some of the companies covered in Technavio’s Animal Feed Market report for 2021-2025.

Animal Feed Market : Region-level Analysis

The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Animal Feed Market.

The APAC will account for the largest Animal Feed Market share and during 2021-2025, the region will contribute to 39% of the market’s growth.

In addition to regions and the key companies involved, Technavio’s Animal Feed Market report also analyzes the market by Poultry | Swine | Ruminant | Aquaculture | Others | APAC | Europe | North America | South America | MEA.comma