Market Overview:
The global feed and aquafeed market is estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period. The growth of the market can be attributed to factors such as rising demand for animal-based protein, increasing population, and growing awareness about animal health and nutrition. On the basis of type, the global feed and aquafeed market has been segmented into premixes, complete feeds, concentrated feeds, and other types. The complete feeds segment is expected to dominate the market during the forecast period. However; ruminants are projectedto registerthe highest CAGRduring2018-2030 owingto their high nutritional valueandrising demand from developing countries such as Chinaand India .
Product Definition:
Feed is a mixture of ingredients that are given to animals to eat. Aquafeed is a feed specifically designed for fish and other aquatic creatures. The importance of feed and aquafeed varies depending on the animal, but in general, it is essential for their health and growth.
Premix:
Premix is a blend of minerals and vitamins that are added to the feed in order to enhance its nutritional value. It helps in maintaining the health of animals and also increases their performance. The premixes can be classified into two types, depending on their functions; primary (or essential) premixes, which help in meeting basic requirements such as energy and protein, and supplementary premixes which provide additional nutrition for growth or disease prevention purposes.
Complete Feed:
Complete feed is a complete mixture of animal feed, including forage and supplements. It contains all the ingredients required to provide nutritionally balanced food to the animals. The product can be used in aquafeed as well as forage products. Complete feeds are manufactured by mixing different types of ingredients such as grains, soybean meal, vitamins and minerals among others according to the requirements of various species of livestock that are raised in farms or held in reserves across the globe.
Application Insights:
Poultry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The poultry industry has witnessed tremendous growth over the past few years owing to increasing demand for meat from a growing population. Poultry farming is one of the most prominent industries across various regions and countries, which has resulted in increased consumption of feed products such as premixes and complete feeds for poultry.
Ruminant was another significant application segment that accounted for more than 25% share of total volume in 2017. Ruminants are animals that are capable of digesting complex carbohydrates as well as fiber, thus producing more nutrients from foodstuffs than other types of animals (such as cattle). These types of animal have a four-chambered stomach called rumen; where bacteria break down fibers into shorter chains fatty acids & simple sugars, & proteins into amino acids & dextrins, respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for more than 60% of total demand in terms of volume owing to high animal population, rapid industrialization, and rising disposable income. China is projected to remain a key feed producer as well as consumer owing to its large-scale production of corn and soybean meal along with other byproducts including distillers grains, oil cakes, and gluten meal used for manufacturing premixes as well as complete feeds.
Europe was the second largest regional segment accounting for 20% share in terms of revenue in 2017 on account of growing poultry industry coupled with increasing consumption from other livestock such as swine and ruminants especially Brazil which accounts for around 80% share within South America region. North America emerged a strong contender due to high concentration levels regarding poultry meat production followed by beef cattle herds within U.S.
Growth Factors:
- Increasing demand for animal protein in developing countries: The demand for animal protein is increasing rapidly in developing countries as the population becomes more affluent. This is driving growth in the feed and aquafeed markets as farmers look to increase production of livestock and fish to meet this demand.
- Rising prices of traditional feed ingredients: The price of traditional feed ingredients such as corn, soybeans, and wheat has been rising steadily in recent years, making alternative feeds more cost-effective. This is contributing to growth in the market for alternative feeds such as algae-based feeds.
- Growing awareness of health benefits of seafood: There is growing awareness among consumers about the health benefits of eating seafood, which is driving increased consumption worldwide. This is benefiting the aquafeed market as well since fishmeal and fish oil are key ingredients in aquafeeds.
Scope Of The Report
Report Attributes
Report Details
Report Title
Feed and Aquafeed Market Research Report
By Type
Premix, Complete Feed, Concentrated Feed, Other
By Application
Poultry, Ruminant, Pig, Aqua, Others
By 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
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Feed and Aquafeed Market Report Segments:
The global Feed and Aquafeed market is segmented on the basis of:
Types
Premix, Complete Feed, Concentrated Feed, Other
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
Poultry, Ruminant, Pig, Aqua, Others
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:
- 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
Highlights of The Feed and Aquafeed 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:
- Premix
- Complete Feed
- Concentrated Feed
- Other
- By Application:
- Poultry
- Ruminant
- Pig
- Aqua
- Others
- 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 Feed and Aquafeed 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.
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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?
Feed and Aquafeed are two types of food that are used to feed animals. Feed is a type of food that is given to an animal in order to sustain it while it is being kept in captivity. Aquafeed is a type of food that is given to an animal in order to help it swim and digest its food.
Some of the key players operating in the feed and aquafeed market are 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.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed and Aquafeed 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. Feed and Aquafeed Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Feed and Aquafeed Market - Supply Chain
4.5. Global Feed and Aquafeed Market Forecast
4.5.1. Feed and Aquafeed Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Feed and Aquafeed Market Size (000 Units) and Y-o-Y Growth
4.5.3. Feed and Aquafeed Market Absolute $ Opportunity
5. Global Feed and Aquafeed 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. Feed and Aquafeed Market Size and Volume Forecast by Type
5.3.1. Premix
5.3.2. Complete Feed
5.3.3. Concentrated Feed
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Feed and Aquafeed 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. Feed and Aquafeed Market Size and Volume Forecast by Application
6.3.1. Poultry
6.3.2. Ruminant
6.3.3. Pig
6.3.4. Aqua
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Feed and Aquafeed 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. Feed and Aquafeed 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 Feed and Aquafeed 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. Feed and Aquafeed 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 Feed and Aquafeed Demand Share Forecast, 2019-2026
9. North America Feed and Aquafeed 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 Feed and Aquafeed 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 Feed and Aquafeed Market Size and Volume Forecast by Application
9.4.1. Poultry
9.4.2. Ruminant
9.4.3. Pig
9.4.4. Aqua
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Feed and Aquafeed Market Size and Volume Forecast by Type
9.7.1. Premix
9.7.2. Complete Feed
9.7.3. Concentrated Feed
9.7.4. Other
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 Feed and Aquafeed Demand Share Forecast, 2019-2026
10. Latin America Feed and Aquafeed 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 Feed and Aquafeed 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 Feed and Aquafeed Market Size and Volume Forecast by Application
10.4.1. Poultry
10.4.2. Ruminant
10.4.3. Pig
10.4.4. Aqua
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Feed and Aquafeed Market Size and Volume Forecast by Type
10.7.1. Premix
10.7.2. Complete Feed
10.7.3. Concentrated Feed
10.7.4. Other
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 Feed and Aquafeed Demand Share Forecast, 2019-2026
11. Europe Feed and Aquafeed 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 Feed and Aquafeed 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 Feed and Aquafeed Market Size and Volume Forecast by Application
11.4.1. Poultry
11.4.2. Ruminant
11.4.3. Pig
11.4.4. Aqua
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Feed and Aquafeed Market Size and Volume Forecast by Type
11.7.1. Premix
11.7.2. Complete Feed
11.7.3. Concentrated Feed
11.7.4. Other
11.8. 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 Feed and Aquafeed Demand Share, 2019-2026
12. Asia Pacific Feed and Aquafeed 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 Feed and Aquafeed 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 Feed and Aquafeed Market Size and Volume Forecast by Application
12.4.1. Poultry
12.4.2. Ruminant
12.4.3. Pig
12.4.4. Aqua
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Feed and Aquafeed Market Size and Volume Forecast by Type
12.7.1. Premix
12.7.2. Complete Feed
12.7.3. Concentrated Feed
12.7.4. Other
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 Feed and Aquafeed Demand Share, 2019-2026
13. Middle East & Africa Feed and Aquafeed 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 Feed and Aquafeed 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 Feed and Aquafeed Market Size and Volume Forecast by Application
13.4.1. Poultry
13.4.2. Ruminant
13.4.3. Pig
13.4.4. Aqua
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Feed and Aquafeed Market Size and Volume Forecast by Type
13.7.1. Premix
13.7.2. Complete Feed
13.7.3. Concentrated Feed
13.7.4. Other
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 Feed and Aquafeed Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Feed and Aquafeed Market: Market Share Analysis
14.2. Feed and Aquafeed Distributors and Customers
14.3. Feed and Aquafeed Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CP Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cargill
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. New Hope Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Purina Animal Nutrition
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wen's Food Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nutreco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tyson Foods
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BRF
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ForFarmers
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Twins Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. East Hope Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. JA Zen-Noh
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Haid Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. NACF
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tongwei Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Alltech
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. TRS
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Yuetai Group
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. BioMar
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Evergreen Feed
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
