Feed and Aquafeed Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
Animal feed is food given to domestic animals(including chickens, turkeys, cows, pigs, sheep, and fish and etc.) in the course of animal husbandry.
Animal food, which includes feed ingredients, mixed feed, medicated feed, and Pet food, including dry and canned food and pet treats, is considered to be animal feed.
A feed ingredient is a component part or constituent or any combination/mixture added to and comprising the feed. Feed ingredients might include grains, milling byproducts, vitamins, minerals, fats/oils, and other nutritional and energy sources. Feed ingredients can also include substances that are intended to affect the characteristics or properties of animal feed such as enzymes, processing aids, anticaking agents, and stabilizers.
Drugs may be added to some animal feeds to prevent or treat diseases, or to improve animal growth and productivity.
Aquafeed is special collocation food for aquatic animals considering essential nutrients and ingredients.
Asia, especially China, is the largest producer and consumer of Feed and is expected to retain the higher growth rate during the next five years due to strong growth in domestic animal breeding industry. Actually, that is why manufacturers have several plants, usually close to aimed demand market.
The Feed industry is highly dispersion; there are more than one hundred manufacturers (production 20 K MT grade) in the world, the top 17 manufacturer\'s sales account only about 18% of global.
Looking at global livestock species in 2016, poultry held its position as industry leader with a 42% of the feed market at 30 million tons. Pigs saw the largest percentage of growth, with nearly 4 percent increase.
Corn and soybean meal are the standard feed ingredients globally, Raw materials account for 80 to 90 percent of feed millers\' costs, so rising costs are influencing company strategies.
The import and export business of this industry is not frequent. The main reason lies in that many international manufacturers expand their business through building factories or investments in targeted markets. Also, many major players have built up plants in worldwide.
The Global Feed and Aquafeed Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Feed and Aquafeed Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
CP Group
Cargill
New Hope Group
Purina Animal Nutrition
Wen's Food Group
Nutreco
Tyson Foods
BRF
ForFarmers
Twins Group
East Hope Group
JA Zen-Noh
Haid Group
NACF
Tongwei Group
Alltech
TRS
Yuetai Group
BioMar
Evergreen Feed
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Premix
Complete Feed
Concentrated Feed
Other
In Market segmentation by applications :
Poultry
Ruminant
Pig
Aqua
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Feed and Aquafeed Market for the forecast period 2023 - 2030?
• What are the driving forces in the Feed and Aquafeed Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Feed and Aquafeed industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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