Animal Feed Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Animal Feed Market is Segmented By Animal Type (Poultry, Swine, Ruminants, Aquaculture, Others), By Ingredient (Cereals, Oilseeds, Molasses, Supplements, Others), By Additive (Antibiotics, Vitamins, Antioxidants, Amino Acid, Feed Enzymes, Feed Acidifiers, Others), By Mode of Delivery (Premixes, Oral Powder, Oral Solutions), By End User (Feed Manufacturers, Contract Manufacturers, Livestock Producers, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned segments.

Animal Feed Market is Segmented By Animal Type (Poultry, Swine, Ruminants, Aquaculture, Others), By Ingredient (Cereals, Oilseeds, Molasses, Supplemen....

Animal Feed Market Size

Market Size in USD

CAGR4.5%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	4.5%
Market Concentration	Medium
Major Players	Cargill, Inc., Archer Daniels Midland Company (ADM), Charoen Pokphand Group (CP Group), Nutreco N.V., New Hope Group

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Animal Feed Market Analysis

The animal feed market is estimated to be valued at USD 468.8 Bn in 2024 and is expected to reach USD 638.1 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031. The animal feed market is expected to witness positive trends over the next few years. Increasing consumption of meat and dairy products along with rising disposable income levels in developing countries is likely to drive uptake of animal feed.

Animal Feed Market Report Snapshots

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