Animal Feed Ingredients is the feed used as food for animals as a substantial source of nutrients in diet of animals. Proteins, vitamins and energy sources are the types of feed ingredients which provides complete balanced food for livestock while cereal grains and their by-products such as corn, oats, barley, wheat, rye, and high protein meal cakes are examples of animal feed.

Rise in meat and egg production is one of the leading factors for the Animal Feed Ingredients Market growth. Rising outbreak of diseases and increasing awareness regarding benefits of animal feed has given positive impact on target market growth. Further, growth in consumption of milk and processed dairy products which helps in maintaining healthy heart, brain development, support immune functioning, release energy and reduce fatigue by keeping individual strong and healthy due to high amount of proteins and calcium has driven Animal Feed Ingredients market growth. For instance, in 2022, (India) according to NDDB (National Dairy Development Board) chairman announced that the milk procurement by milk producer companies which are owned by farmers is estimated to climb nearly 3-fold to Rs. 18,000 Cr in next five years.

The report “Animal Feed Ingredients Market, By Additive Type (Amino Acids, Feed Enzymes, and Others (Antibiotics, Vitamins, Minerals, Antioxidants, and Blinders)), By Form (Dry and Liquid), By Livestock (Poultry, Aquatic Animal, and Others (Swine, Ruminants, Pets and birds)) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Highlights:

• In November 2022, Layn Natural Ingredients launched new natural feed additives “TruGro MYC” to help in reducing pathogenic effects of mycotoxins. New launched “TruGro MYC” is a potent, polyphenol-rich botanical extract solution developed for use as an animal feed.
• In December 2021, BASF launched new “Natupulse TS” as an innovative feed enzyme to unlock valuable nutrients. New launched “Natupulse TS” help in improving nutrient digestion thus makes animal feed more sustainable and cost-effective.

Analyst View:

Increase in animal derived food and growing awareness about animal health has become the key factor in Animal Feed Ingredients market growth. Rise in demand for dairy products and animal derived food has given rise in maintaining the animal health. Animal health will lead in rise in production of meat, eggs and other dairy products which are high in demand by consumers. To fulfill the needs of an individual the nutritional products are highly recommended to maintain the health of animals. Newly advanced development in animal feed are highly recommended. However, rise in awareness about animal health and rise in demand for animal derived food is expected to fuel the demand for the Animal Feed Ingredients market growth.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Animal Feed Ingredients Market, By Additive Type (Amino Acids, Feed Enzymes, and Others (Antibiotics, Vitamins, Minerals, Antioxidants, and Blinders)), By Form (Dry and Liquid), By Livestock (Poultry, Aquatic Animal, and Others (Swine, Ruminants, Pets and birds)) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Animal Feed Ingredients Market was valued at US$ 43.7 Billion in 2024 and is projected to grow at a CAGR of 26.40% to reach US$ 367.4 Billion by 2034. The Animal Feed Ingredients Market is segmented based on Additive Type, Form, Livestock and Region.

• Based on Additive Type, Animal Feed Ingredients Market is segmented into Amino Acids, Feed Enzymes, and Others (Antibiotics, Vitamins, Minerals, Antioxidants, and Blinders).
• Based on Form, Animal Feed Ingredients Market is segmented into Dry and Liquid.
• Based on Livestock, Animal Feed Ingredients Market is segmented into Poultry, Aquatic Animal, and Others (Swine, Ruminants, Pets and birds).
• By Region, the Animal Feed Ingredients Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Animal Feed Ingredients Market:

The prominent players operating in the Animal Feed Ingredients Market includes, BASF SE, Cargill, Inc., Archer Daniels Midland Company, Evonik Industries AG, Nutreco N.V., Addcon Group, Aliphos Belgium S.A., Kemin Industries Inc., Koninklijke DSM N.V., Phibro Animal Health Corporation, and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

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