Animal Feed Ingredients Market

The Animal Feed Ingredients Market size was USD 170 billion in 2019 and is likely to expand at 5.8% over the forecast period. The rising demand for meat, milk, and the increase in animal husbandry market are the major factors fuelling the market growth. The rising demand for feed ingredients to improve the products nutritional value will drive the market growth.

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Animal Feed Ingredients Market Dynamics

Animal feed ingredient refers to the nutrition given to the animals to maintain the health and improve milk yield. The surging livestock production and growing consumption of meat are the major factors fuelling the animal feed ingredients market growth. Other factors, such as accelerating per capita income, increasing demand for meat and meat consumption, and rising awareness regarding the nutritional benefits of these ingredients will bolster the market growth. Further, the consumption of livestock and animal derived products offer all the required nutrients, which will stimulate the market growth. However, as per the Animal Feed Ingredients Market analysis, the raw material required to make these ingredients is very expensive, which is another factor hampering the market growth.

Source Segment Analysis

Based on the source, the Oilseed segment is expected to hold a larger share over the forecast period, owing to the rising oilseed meal consumption among consumers. Moreover, the Animal Feed Ingredients Market forecast projects that the growing use of oilseed in cattle, poultry, swine, and chicken feeds which helps to enhance overall health, performance, and productivity of animals, thereby surging the market growth.

Animal Feed Ingredients Market Segmentation:

Animal Feed Ingredients Market by Source
  • Cereals
  • Corn
  • Oilseeds
  • Soybeans
  • Others
Animal Feed Ingredients Market by Livestock
  • Poultry
    • Broiler
    • Layer
    • Turkey
    • Others
  • Swine
    • Starter
    • Grower
    • Sow
  • Cattle
    • Dairy
    • Calf
    • Other
  • Aquaculture
    • Salmon
    • Trouts
    • Shrimps
    • Carp
    • Others
  • Others
Animal Feed Ingredients Market by Region:
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

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