IMARC Group, a leading market research company, has recently releases report titled “Animal Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033,” The study provides a detailed analysis of the industry, including the global animal feed market size, share, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the animal feed market?

The global animal feed market size reached USD 533.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 681.8 Billion by 2033, exhibiting a growth rate (CAGR) of 2.8% during 2025-2033.

Factors Affecting the Growth of the Animal Feed Industry:

Shift Towards Sustainable Practices:

The animal feed market is shifting towards sustainable practices. This change is due to increased consumer awareness and regulatory pressures. As the global population grows, so does the demand for protein-rich foods. This prompts the livestock sector to adopt more eco-friendly methods. There’s a rising preference for feed from sustainable sources. This includes plant-based proteins and food processing by-products. Companies are now investing in research to create innovative feeds. These aim to reduce carbon footprints and improve animal product nutrition. Moreover, the use of food waste and by-products in feed production is increasing. This reflects a trend towards circular economy principles. As consumers seek transparency in food sourcing and environmental impact, producers must adapt. This demand is reshaping the animal feed market.

Technological Advancements in Feed Production:

Technological advancements are shaping the animal feed market. Innovations like precision nutrition tailor feed to individual animals. This not only boosts health and productivity but also cuts waste and costs. Meanwhile, artificial intelligence and data analytics improve feed formulation and supply chain management. They enable real-time monitoring of animal health and feed use. This enhances overall efficiency. As producers adopt these technologies, the demand for high-quality, customized feed is set to rise. This trend will likely improve profitability and sustainability in the livestock sector.

Increasing Demand for Specialty Feeds:

The demand for specialty animal feeds is rising. This is due to a better understanding of nutrition’s role in animal health and productivity. Livestock producers now seek feeds tailored to specific health issues, aimed at boosting growth and improving product quality. There’s a notable increase in demand for functional feeds. These are enriched with probiotics, prebiotics, and other additives that enhance gut health and immunity. Moreover, feeds that are organic or non-GMO are becoming popular. This trend mirrors consumer demand for healthier, natural food options. Consequently, feed manufacturers are broadening their offerings to include these specialty feeds. This move meets the varied needs of livestock producers. It also supports animal welfare and aligns with the shift towards healthier, sustainable food systems. Thus, it spurs growth in the animal feed market.

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Animal Feed Market Report Segmentation:

Breakup By Form:

1. Pellets

2. Crumbles

3. Mash

4. Others

Pellets dominate the market due to their ease of handling, storage, and uniform nutrient distribution.

Breakup By Animal Type:

1. Swine

   1. Starter

   2. Finisher

   3. Grower

2. Ruminants

   1. Calves

   2. Dairy Cattle

   3. Beef Cattle

   4. Others

3. Poultry

   1. Broilers

   2. Layers

   3. Turkeys

   4. Others

4. Aquaculture

   1. Carps

   2. Crustaceans

   3. Mackeral

   4. Milkfish

   5. Mollusks

   6. Salmon

   7. Others

5. Others

Poultry accounts for the majority of shares because of the high demand for chicken and eggs globally, driving substantial feed consumption.

Breakup By Ingredient:

1. Cereals

2. Oilseed Meal

3. Molasses

4. Fish Oil and Fish Meal

5. Additives

   1. Antibiotics

   2. Vitamins

   3. Antioxidants

   4. Amino Acids

   5. Feed Enzymes

   6. Feed Acidifiers

   7. Others

6. Others

Cereals represents the majority of shares due to their high energy content and cost-effectiveness.

Breakup By Region:

1. North America (United States, Canada)

2. Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

3. Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

4. Latin America (Brazil, Mexico, Others)

5. Middle East and Africa

Asia-Pacific holds the largest segment due to its extensive livestock production and rapidly growing demand for animal-based products.

Animal Feed Market Trends:

The global animal feed market is growing fast. This is due to factors like the rising population, increased meat and dairy demand. More people mean a higher need for animal protein. This boosts the demand for feed to raise livestock and poultry. Moreover, rising middle-class consumption is boosting meat and dairy demand in developing nations.” This, in turn, raises the demand for animal feed. Moreover, advancements in animal nutrition and technology are leading to better feed solutions. These solutions improve animal health, productivity, and sustainability. Thus, the animal feed market is set for significant growth in the coming years, driven by these trends and market forces.

Who are the key players operating in the industry?

The report covers the major market players including:

1. Archer-Daniels-Midland Company

2. Cargill Incorporated

3. Charoen Pokphand Group

4. Dupont De Nemours Inc.

5. Evonik Industries AG (RAG-Stiftung)

6. ForFarmers N.V.

7. Kemin Industries Inc.

8. Nutreco N.V (SHV Holdings)

9. Perdue Farms Inc.

10. Tyson Foods Inc.

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