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COVID-19 Impact on the Feed Market by Application (Poultry, Swine, and Aquaculture), Ingredient & Additive Type (Amino Acids, Phosphates, Vitamins, Minerals, Commodity Ingredients, Phytogenics, and Probiotics) and Region - Global Forecast to 2021

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    Report

  • 64 Pages
  • April 2020
  • Region: Global
  • Markets and Markets
  • ID: 5028754

Increasing awareness regarding animal health to drive the demand for feed additives.

The increasing awareness about livestock nutrition, modernization of the livestock industry, and the rise in consumption of meat & other livestock-based products have led to an increase in the market size of feed additives. However, due to COVID-19, feed manufacturers and producers are becoming more aware of techniques and strategies to cope up with the situation. This, in turn, is projected to lead to an increase in demand for feed additives, as the market growth starts stabilizing.

Phytogenics as feed additives in the feed market is projected to grow at the highest CAGR between 2020 and 2025.

Key factors, such as the prohibited use of antibiotics in feed, stringent regulations imposed by the European Commission on synthetic feed additives, and the growth in the consumption of phytogenics in livestock feed to enhance feed palatability and livestock performance, are projected to drive the market growth in the coming years.

The feed industry in APAC is expected to grow at the highest CAGR during the forecast period.

The current geographical insight on the feed additives market yields a strong outlook for the Asia Pacific market, which is the largest and fastest-growing market for feed additives. The region has a large consumer and producer base, which drives the growth of the feed additives market in the region, given the economic conditions and the availability of raw materials. These factors have encouraged the development of new products. The COVID-19 pandemic had a significant impact on China's poultry industry. Although the world suffers from lockdowns and self-isolation, the Chinese workforce is going back to work with life gradually returning to normal. However, the outlook on China's poultry industry remains poor and is projected to worsen. Farmers had to cope with the movement restrictions and paralyzed supply chains, leading to large inventories and falling prices.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key experts.

The breakup of the profiles of primary participants is as follows:


  • By Company Type: Tier 1 - 55 %, Tier 2 - 20%, and Tier 3 -25%
  • By Designation: C-levelexecutives - 40%, Directors - 35%, Others - 25%
  • By Geography: North America - 10%, Europe - 20%, APAC - 40%, and RoW - 30%

Some of the major players in the global feed market are Cargill (US), ADM (US), and BASF (Germany).

Research Coverage

This report covers the COVID-19 impact on the feed market based on feed additive type, offering, end-use application, and geography. A detailed analysis of key industry players has been done to provide insights into their business, COVID-19 impact and services, and key strategies associated with the feed market.

Reasons to Buy the Report:


  • Illustrative segmentation analysis and forecast pertaining to the feed market based on feed additive and geography have been conducted to provide an overall view of the feed industry considering the detailed impact analysis of COVID-19
  • Major drivers, restraints, and opportunities for the feed market have been detailed in this report.

Table of Contents

1 Introduction
1.1 Covid-19 Health Assessment
1.2 Covid-19 Economic Assessment
1.2.1 Covid-19 Impact on the Economy - Scenario Assessment

2 Covid-19 Impact on Food, Animal Health, and Agriculture
2.1 Introduction
2.2 Effect on Global Meat Consumption
2.3 Effects on Animal Health
2.4 Effects on Feed Consumption

3 Covid-19 Impact on Ecosystem of Feed Industry
3.1 Value Chain
3.2 Impact on Value Chain
3.2.1 Feed Raw Materials/Suppliers
3.2.2 Feed Formulators
3.2.3 Distribution and Logistics
3.2.4 End-Use Industry
3.3 Market Dynamics
3.3.1 Drivers
3.3.1.1 Growing Awareness Regarding Animal Health & Bio-Security
3.3.2 Restraints
3.3.2.1 Impact on Feed Production and Supply Chain
3.3.2.2 Impact on Demand for Meat, Dairy, and Animal Products

4 Growth Opportunities in the Feed Industry Applications
4.1 Introduction
4.2 Scenario-Based Analysis
4.3 Most Attractive Market - Impact & Opportunities
4.3.1 Aquaculture
4.4 Worst-Affected Market
4.4.1 Poultry
4.4.2 Swine

5 Customer Analysis
5.1 Introduction
5.2 Shift in the Dairy Industry
5.2.1 Disruptions in the Industry
5.2.2 Risk Mitigation Strategy
5.2.3 New Market Opportunities
5.3 Shift in the Meat & Poultry Industry
5.3.1 Disruptions in the Industry
5.3.2 Risk Mitigation Strategy
5.3.3 New Market Opportunities
5.4 Shift in the Seafood Industry
5.4.1 Disruptions in the Industry
5.4.2 Risk Mitigation Strategy
5.4.3 New Market Opportunities

6 Short and Mid-Term Strategy Shifts by Feed Additive Companies to Mitigate Covid-19 Impact
6.1 Short and Mid-Term Strategies
6.1.1 Product Level
6.1.2 Application Level
6.2 Regional/Geographic Level
6.2.1 Us
6.2.2 Asia Pacific
6.2.3 Europe
6.2.4 Row
6.3 Winning Strategies in the Industry to Gain Market Share
6.3.1 Short Term
6.3.2 Mid-Term
6.3.3 Long Term

7 Feed Market: Market Outlook Due to Covid-19
7.1 Feed Ingredients & Additives
7.1.1 Amino Acids
7.1.2 Phosphates
7.1.3 Vitamins & Minerals
7.1.4 Phytogenics
7.1.5 Probiotics
7.1.6 Commodity Ingredients
7.1.7 Others
7.2 Geography
7.2.1 Introduction
7.2.2 Asia Pacific
7.2.2.1 India
7.2.2.2 China
7.2.3 Europe
7.2.3.1 Italy
7.2.3.2 Spain
7.2.3.3 UK
7.2.3.4 Other European Countries
7.2.4 US
7.2.5 Rest of World

8 Company Profiles
8.1 Cargill
8.2 ADM
8.3 BASF

9 Appendix
9.1 Insights of Industry Experts
9.2 Discussion Guide
9.3 Knowledge Store: Subscription Portal
9.4 Author Details

List of Tables
Table 1 Strategies Undertaken by Leading Manufacturers on Dealing with the Covid-19 Scenario
Table 2 Covid-19 Impact on the Feed Market, by Type, 2019-2021 (USD Million)
Table 3 Amino Acids: Covid-19 Impact on the Feed Market, by Region, 2019-2021 (USD Million)
Table 4 Phosphates: Covid-19 Impact on the Feed Market, by Region, 2020-2021 (USD Million)
Table 5 Vitamins & Minerals: Covid-19 Impact on the Feed Market, by Region, 2020-2021 (USD Million)
Table 6 Phytogenics: Covid-19 Impact on the Feed Market, by Region, 2020-2021 (USD Million)
Table 7 Probiotics: Covid-19 Impact on the Feed Market, by Region, 2020-2021 (USD Million)
Table 8 Commodity Ingredients: Covid-19 Impact on the Feed Market, by Region, 2020-2021 (USD Million)
Table 9 Others: Covid-19 Impact on the Feed Market, by Region, 2020-2021 (USD Million)
Table 10 Covid-19 Impact on the Feed Market, by Region, 2020-2021 (USD Million)
Table 11 Asia Pacific: Covid-19 Impact on the Feed Market, by Type, 2020-2021 (USD Million)
Table 12 Asia Pacific: Covid-19 Impact on the Feed Market, by Country, 2020-2021 (USD Million)
Table 13 Europe: Covid-19 Impact on the Feed Market, by Country, 2020-2021 (USD Million)
Table 14 Europe: Covid-19 Impact on the Feed Market, by Type, 2020-2021 (USD Million)
Table 15 Us: Covid-19 Impact on the Feed Market, by Type, 2020-2021 (USD Million)
Table 16 Rest of the World: Covid-19 Impact on the Feed Market, by Type, 2020-2021 (USD Million)

List of Figures
Figure 1 Covid-19 the Global Propagation
Figure 2 Covid-19 Propagation: Select Countries
Figure 3 Countries Begin with Similar Trajectories But Curves Deviate Based on Measures Taken
Figure 4 Revised GDP Forecasts for Select G20 Countries in 2020
Figure 5 Criteria Impacting the Global Economy
Figure 6 Scenarios in Terms of Recovery of the Global Economy
Figure 7 Value Chain: Feed Additives & Ingredients Market
Figure 8 Feed Additives Market Dynamics
Figure 9 Global Feed Production 2018 (Million Metric Ton)
Figure 10 Us Production and Consumption of Meat Products (Million Pound)
Figure 11 Pork Production - Top Countries Summary (1,000 Metric Tons, Carcass Weight Equivalent)
Figure 12 Chicken Meat Production - Top Countries Summary (1,000 Metric Tons, Ready to Cook Equivalent)
Figure 13 Elements of Uncertainty: Feed Additives & Ingredients Market
Figure 14 Covid-19 Impact on the Feed Market, by Feed Additives, 2019-2021 (USD Millions)
Figure 15 Covid-19 Impact on the Animal Feed Market, by Region, 2020
Figure 16 Asia Pacific: Covid-19 Impact on the Feed Market, 2020


Samples

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Companies Mentioned

  • ADM
  • BASF
  • Cargill

Methodology

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