Global Animal Feed Market – Industry Trends and Forecast to 2025

Animal feed plays is an important part of the food chain and has consequences for the composition and quality of the livestock products for example milk, meat and eggs which are consumed by the people. Animals also require the same nutrients as humans. Some feeds, such as pasture grasses, hay and silage crops, and certain cereal grains, are grown explicitly for animals. According to an article published by Food Standard Agency UK, about 200,000 animal feed businesses are involved in importing, producing, storing and distributing animal feed.

Market Analysis: Global Animal Feed Market

The global animal feed market is expected to reach 20.97 kilo tons by 2025, from 16.95 kilo tons in 2017, growing at a CAGR of 2.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Segmentation: Global Animal Feed Market

  • The global animal feed market is segmented based on product, Livestock, and geographical segments.
  • Based on product, the global animal feed market is segmented into antibiotic, vitamin, antioxidants, amino acids, feed enzymes, feed acidifiers and others

Major Market Competitors/Players: Global Animal Feed Market

Some of the major players operating in the global animal feed market are – ADDCON GROUP GMBH, Adisseo France S.A.S., Ajinomoto Co., Inc., Archer Daniel Midland (ADM), BASF SE, Biomin Holdings Gmbh, Cargill, Chr. Hansen
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