Market Overview:
The global animal feed ingredients market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for meat and dairy products, growing population, rising income levels, and technological advancements in the animal feed industry. On the basis of type, corn accounted for a major share of the global animal feed ingredients market in 2017. This can be attributed to its high nutritive value and easy availability across regions. Soybean meal is also expected to witness significant growth during the forecast period owing to its high protein content that helps improve livestock productivity. Wheat is another key ingredient used in animal feed formulations as it is rich in carbohydrates and proteins that help improve livestock health and performance. On the basis of application, chickens accounted for a major share of the global animal feed ingredients market in 2017. This can be attributed to increasing demand for chicken meat globally coupled with rising disposable incomes across emerging economies such as China and India which has led to an increase in poultry production capacities worldwide over past few years . Pigs are also expected witness significant growth duringthe forecast period owingto their growing popularity as a sourceof proteinin many countries aroundthe world .
Product Definition:
Animal Feed Ingredients are used in animal feed to provide the animals with the essential nutrients they need to grow and develop properly. Some common animal feed ingredients include corn, soybean meal, wheat, and fishmeal. Animal feed ingredients are important because they help ensure that farm animals are healthy and productive.
Corn:
Corn is a cereal grain, of the family Poaceae. It is a staple food in many countries and has been used as animal feed for centuries. The main function of corn in animal feed is to provide nutrition and energy to the animals that are important for meat production such as cattle, poultry, swine etc. Corn also helps improve digestion by improving bacterial balance in the gut which further improves nutrient absorption efficiency thus ensuring adequate nourishment for livestock.
Soybean Meal:
Soybean meal is a by-product obtained during the extraction of soy oil. It consists of approximately 35% protein and contains all the essential amino acids required for animal nutrition. Soybean meal also provides fiber, vitamins, minerals and omega 6 & 3 fatty acids which are necessary to support animal health.
Application Insights:
Animal feed ingredients are majorly used in animal nutrition. The application segment includes chickens, pigs, cattle, and fish. Cattle is the largest consumer of animal feed ingredients and hence this application segment accounted for a larger market share in 2017. However, with growing demand for meat from cattle and other animals the consumption of animal feed will increase accordingly over the forecast period thus driving demand for these products during this time frame.
Regional Analysis:
Asia Pacific dominated the global animal feed ingredients market in 2017. The region is expected to witness significant growth over the forecast period owing to rising meat consumption and increasing exports of animal by-products. China, India, and Japan are among the largest importers of corn gluten meal globally.
The European market for animal feed ingredients is anticipated to grow at a relatively slower pace over the next eight years due to stringent regulations regarding environmental impacts associated with livestock farming practices coupled with growing awareness about sustainability issues related to agriculture commodities. Increasing demand for organic products has also led manufacturers in this region exclusively source materials from suppliers who adhere to high ethical standards regarding production practices.
North America accounted for a share of more than 10% in terms of volume as well as revenue on account of high demand from end-use industries such as pet food manufacturing companies that cater primarily toward cat.
Growth Factors:
- Increasing demand for meat and dairy products from the developing countries is expected to drive the growth of animal feed ingredients market.
- Rising awareness about the benefits of animal feed ingredients among livestock farmers is projected to boost the demand for these products in near future.
- Growing use of genetically modified crops for production of animal feed is anticipated to fuel the growth of this market in next few years.
- Proliferation of new product launches by key players is likely to offer lucrative opportunities for growth of this market in coming years. 5) Expansion & investment by leading players into emerging economies would provide impetus to the growth Animal Feed Ingredients Market over forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Animal Feed Ingredients Market Research Report
By Type
Corn, Soybean Meal, Wheat, Fishmeal, Others
By Application
Chickens, Pigs, Cattle, Fish, Other
By Companies
Cargill, ADM, COFCO, Bunge, Louis Dreyfus, Wilmar International, Beidahuang Group, Ingredion Incorporated
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Animal Feed Ingredients Market Report Segments:
The global Animal Feed Ingredients market is segmented on the basis of:
Types
Corn, Soybean Meal, Wheat, Fishmeal, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chickens, Pigs, Cattle, Fish, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- ADM
- COFCO
- Bunge
- Louis Dreyfus
- Wilmar International
- Beidahuang Group
- Ingredion Incorporated
Highlights of The Animal Feed Ingredients Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Corn
- Soybean Meal
- Wheat
- Fishmeal
- Others
- By Application:
- Chickens
- Pigs
- Cattle
- Fish
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Animal Feed Ingredients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Animal feed ingredients are the various materials used to provide food for animals. These materials can include grains, hay, fresh or frozen vegetables, fruits, and meat products.
Some of the major companies in the animal feed ingredients market are Cargill, ADM, COFCO, Bunge, Louis Dreyfus, Wilmar International, Beidahuang Group, Ingredion Incorporated.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Animal Feed Ingredients Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Animal Feed Ingredients Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Animal Feed Ingredients Market - Supply Chain
4.5. Global Animal Feed Ingredients Market Forecast
4.5.1. Animal Feed Ingredients Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Animal Feed Ingredients Market Size (000 Units) and Y-o-Y Growth
4.5.3. Animal Feed Ingredients Market Absolute $ Opportunity
5. Global Animal Feed Ingredients Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Animal Feed Ingredients Market Size and Volume Forecast by Type
5.3.1. Corn
5.3.2. Soybean Meal
5.3.3. Wheat
5.3.4. Fishmeal
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Animal Feed Ingredients Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Animal Feed Ingredients Market Size and Volume Forecast by Application
6.3.1. Chickens
6.3.2. Pigs
6.3.3. Cattle
6.3.4. Fish
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Animal Feed Ingredients Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Animal Feed Ingredients Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Animal Feed Ingredients Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Animal Feed Ingredients Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Animal Feed Ingredients Demand Share Forecast, 2019-2029
9. North America Animal Feed Ingredients Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Animal Feed Ingredients Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Animal Feed Ingredients Market Size and Volume Forecast by Application
9.4.1. Chickens
9.4.2. Pigs
9.4.3. Cattle
9.4.4. Fish
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Animal Feed Ingredients Market Size and Volume Forecast by Type
9.7.1. Corn
9.7.2. Soybean Meal
9.7.3. Wheat
9.7.4. Fishmeal
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Animal Feed Ingredients Demand Share Forecast, 2019-2029
10. Latin America Animal Feed Ingredients Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Animal Feed Ingredients Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Animal Feed Ingredients Market Size and Volume Forecast by Application
10.4.1. Chickens
10.4.2. Pigs
10.4.3. Cattle
10.4.4. Fish
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Animal Feed Ingredients Market Size and Volume Forecast by Type
10.7.1. Corn
10.7.2. Soybean Meal
10.7.3. Wheat
10.7.4. Fishmeal
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Animal Feed Ingredients Demand Share Forecast, 2019-2029
11. Europe Animal Feed Ingredients Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Animal Feed Ingredients Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Animal Feed Ingredients Market Size and Volume Forecast by Application
11.4.1. Chickens
11.4.2. Pigs
11.4.3. Cattle
11.4.4. Fish
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Animal Feed Ingredients Market Size and Volume Forecast by Type
11.7.1. Corn
11.7.2. Soybean Meal
11.7.3. Wheat
11.7.4. Fishmeal
11.7.5. Others
1.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Animal Feed Ingredients Demand Share, 2019-2029
12. Asia Pacific Animal Feed Ingredients Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Animal Feed Ingredients Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Animal Feed Ingredients Market Size and Volume Forecast by Application
12.4.1. Chickens
12.4.2. Pigs
12.4.3. Cattle
12.4.4. Fish
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Animal Feed Ingredients Market Size and Volume Forecast by Type
12.7.1. Corn
12.7.2. Soybean Meal
12.7.3. Wheat
12.7.4. Fishmeal
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Animal Feed Ingredients Demand Share, 2019-2029
13. Middle East & Africa Animal Feed Ingredients Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Animal Feed Ingredients Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Animal Feed Ingredients Market Size and Volume Forecast by Application
13.4.1. Chickens
13.4.2. Pigs
13.4.3. Cattle
13.4.4. Fish
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Animal Feed Ingredients Market Size and Volume Forecast by Type
13.7.1. Corn
13.7.2. Soybean Meal
13.7.3. Wheat
13.7.4. Fishmeal
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Animal Feed Ingredients Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Animal Feed Ingredients Market: Market Share Analysis
14.2. Animal Feed Ingredients Distributors and Customers
14.3. Animal Feed Ingredients Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cargill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ADM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COFCO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bunge
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Louis Dreyfus
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wilmar International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Beidahuang Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ingredion Incorporated
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
