Animal Feed Market From 2025 to 2034: Projections Show US$ 1,246.43 Billion With a Remarkable 7.5% CAGR
The elevated demand for animal-procured food commodities such as meat, dairy, and eggs are driving the market demand.
NEW YORK CITY, NY, UNITED STATES, January 24, 2025 /EINPresswire.com/ -- Our animal feed market report has been prepared using advanced methodologies and research techniques to help businesses make strategic business decisions.๐๐๐๐จ๐ซ๐๐ข๐ง๐ ๐ญ๐จ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐กโ๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ญ๐ก๐ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐๐๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ 7.5% ๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ฉ๐๐ซ๐ข๐จ๐. ๐๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฏ๐๐ฅ๐ฎ๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐๐ซ๐จ๐ฆ ๐๐๐ 557.67 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2024 ๐ญ๐จ ๐๐๐ 1,246.43 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ 2034.
๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง:
Animal husbandry is a massive industry and the animals that are nurtured are looked after in the best feasible way. So as to sanction that the optimum advantage can be procured by them, they are required to be kept nourished and robust. This is obtained with the usage of animal feeds, which usually indicates that the food is provided to the animals instead of what they herbage on by themselves.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/animal-feed-market/request-for-sample?utm_source=Ein&utm_medium=Ein&utm_campaign=Ein&utm_id=01
Traditional feed is utilized to indicate food fragments as detected in every house, and the by-products are acquired from industries connected to food processing. Growing concentration on animal health and nourishment push the animal feed market demand.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
Escalating Disposable Income: Escalating disposable income, altering lifestyles, and growing consciousness regarding health and nutrition have caused an escalated demand for elevated standard meat and meat-dependent commodities, which is boosting the demand for animal feed market growth.
Growing Population: With the surging worldwide population, there is a growing demand for protein-abundant foods. This has caused a notable rise in livestock production, thus pushing the market growth.
Surging Focus on Animal Health: The growing concentration on animal health and nutrition is a prominent revenue contributor. With the surging consumer consciousness, consumers are looking for commodities that are nutrient impenetrable liberated from antibiotics and alternate detrimental chemicals.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ข๐ง ๐๐ง๐ข๐ฆ๐๐ฅ ๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ:
โข Royal Agrifirm Group
โข Alltech
โข BRF
โข DaChan Food (Asia) Limited
โข De Heus Animal Nutrition
โข ForFarmers
โข Guangdong HAID Group Co., Ltd.
โข Kent Nutrition Group
โข New Hope Liuhe Co., Ltd.
โข Smithfield Foods, Inc
โข Purina Animal Nutrition LLC.
โข Tyson Foods, Inc.
โข Evonik Industries AG
โข BASF SE
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/animal-feed-market/request-for-discount-pricing?utm_source=Ein&utm_medium=Ein&utm_campaign=Ein&utm_id=01
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
โข The animal feed market segmentation is based on type, livestock, form, composition, and region.
โข Based on type analysis, the amino acids segment held the largest market share. This is due to them playing a significant role in prohibiting nail and skin problems in animals.
โข Based on livestock analysis, the poultry segment is poised to register a significant CAGR. This is due to the surging population, which is causing a notable rise in poultry farms and the aggregate of poultry feed generated.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The research report covers all the major regions and sub-regions of the animal feed market. The study provides market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Asia Pacific: Asia Pacific accounted for the largest market share. This is primarily because of the growing demand for meat and dairy commodities.
North America: North America is anticipated to witness the fastest CAGR from 2025 to 2034. The regionโs notable rise in meat intake across North America and the application of strict directives fuels the regional market expansion.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/animal-feed-market/inquire-before-buying?utm_source=Ein&utm_medium=Ein&utm_campaign=Ein&utm_id=01
๐ ๐๐๐ฌ:
How much is the animal feed market?
The market size was valued at USD 557.67 billion in 2024 and is projected to grow to USD 1,246.43 billion by 2034.
What are the quantitative units covered in the animal feed market?
The quantitative units covered in the market are revenue in USD billion and CAGR from 2025 to 2034.
Which region held the largest market share?
Asia Pacific accounted for the largest region-wise market share in 2024.
What is the growth rate of the market?
The market is projected to register a CAGR of 7.5% from 2025 to 2034.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
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