The global Organic
Feed Market size is expected to reach USD 12.60
Billion by 2028 and register a CAGR of 7.1% over the forecast period, according
to the latest report by Reports and Data. Increasing adoption of organic
farming practices to cater to growing consumer concerns regarding animal health
and contamination of products is a key factor driving market revenue growth.
Increasing demand for organic food products, growing organic livestock farming,
and increasing need to improve health and performance of livestock are some
other key factors expected to drive revenue growth of market over the forecast
period.
This market
intelligence report includes a comprehensive evaluation of the market,
discussing the value, volume, size, share, growth rate, key trends, demand
& supply ratio, gross revenue, competitive landscape, regional analysis,
manufacturers, product types, and end-user applications to give a 360°
overview of the global Organic Feed industry. The study provides key
information pertaining to the different elements that are propelling or
restraining the growth of the sector. It draws accurate forecasts to estimate
the prospective growth of the overall business.
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sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/3971
Major companies
operating in the market include Cargill, BernAqua, Country Heritage Feeds,
ForFarmers, SunOpt, Ranch-Way Feeds, Aller Aqua, Purina Animal Nutrition LLC,
Scratch and Peck Feeds, K-Much Feed Industry Co., Ltd., The Organic Feed
Company, B&W Feeds, Feedex Companies, Country Junction feed, and Green
Mountian Feeds, among others.
Some Key Highlights
From the Report:
- Cereals and grains segment is
expected to register significant revenue growth over the forecast period
owing to increasing production of high-yield crops such as wheat, barley,
and corn across the globe. Organic feed majorly contains wheat, barley,
and corn and this is expected to further contribute to revenue growth of
this segment.
- Pellets segment is expected to
account for a significant revenue share in the global market over the
forecast period. Steady growth can be attributed to pellets form being the
most widely preferred form of organic feed. This form is easy to feed
animals with and is convenient to store.
- Poultry segment is expected to
register significant revenue CAGR over the forecast period owing to
increasing demand for organic meat and rising consumption of poultry meat
worldwide. Increasing concerns surrounding animal health and productivity
and rising awareness about benefits of organic feed in the poultry sector
are factors expected to drive revenue growth of this segment.
- North America is expected to
account for around 30% of revenue share in the global market over the
forecast period owing to increasing availability of permitted food
additives, increasing financial support from governments to farmers
adopting organic farming practices, and robust presence of key market
players in countries in the region.
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For the purpose of this
report, Reports and Data has segmented the global organic feed market based on type,
form, livestock, and region:
Type Outlook (Volume,
Kilo Tons; Revenue, USD Billion; 2018-2028)
- Cereals & Grains
- Oilseeds
- Forage
- Others
Form Outlook (Volume,
Kilo Tons; Revenue, USD Billion; 2018-2028)
- Pellets
- Crumbles
- Mashes
Livestock Outlook (Volume,
Kilo Tons; Revenue, USD Billion; 2018-2028)
- Poultry
- Ruminants
- Swine
- Aquatic animals
- Others
Regional Outlook
(Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
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full report here @
https://www.reportsanddata.com/report-detail/organic-feed-market
Key
questions answered:
- Which of
these regions – North America, Europe, Asia Pacific, Latin America, and
Middle East & Africa, dominates
market share?
- What is
the outcome of the COVID-19 Impact Analysis performed in the report?
- What are
the revenue estimations for every region in the Organic
Feed market?
- What is
the current market valuation of each region and the estimated market size
by the end of the forecast period?
- What is
the projected growth rate of the global Organic
Feed market?
Thank
you for reading this article. You can also get chapter-wise sections or
region-wise report coverage for North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa.
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