Animal Food Market Size, Growth, Opportunity and Forecast to 2030

Posted by Ramakrishna TBRC on November 19th, 2020

The Business Research Company’s latest report Animal Food Global Market Report 2020 covers Animal Food market drivers, Animal Food market trends, Animal Food market segments, Animal Food market growth rate, Animal Food market major players, and Animal Food market size. The report provides in-depth analysis of the impact of COVID-19 on the Animal Food industry, along with revised market numbers due to the effects of the coronavirus.

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https://www.thebusinessresearchcompany.com/report/animal-food-global-market-report-2020-30-covid-19-impact-and-recovery

Animal Food Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

The global animal food market is expected to grow from 1.8 billion in 2019 to 9.8 billion in 2020 at a compound annual growth rate (CAGR) of 3.5%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach 9.8 billion in 2023.
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Ramakrishna TBRC

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Ramakrishna TBRC
Joined: December 17th, 2019
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