Global Animal Feedstuffs Market (2021-2026) by Form, Livestock, Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Animal Feedstuffs Market is estimated to be USD 342. 6 Bn in 2021 and is expected to reach USD 509.01 Bn by 2026, growing at a CAGR of 8.24%.



Market Dynamics
Increased meat consumption and the prevalence of animal illnesses have necessitated animal feed, including nutrients, chemicals, and other ingredients in animal-based meals driving the market growth of animal feedstuffs. Furthermore, farmers are becoming more aware of feed quality to promote animal development and health. People are willing to spend greater costs for nutritious food supplies for their pets and animals due to the ever-increasing disposable income of the middle-income group population, which is raising demand for animal feed. In addition, with the use of innovative technology, market suppliers are concentrating on the development of long-term production technologies, creating more opportunities for the global animal feedstuffs market to grow.

The high price fluctuation of raw materials, on the other hand, is restraining the market growth during the forecasted period. In addition, the market for animal feed is likely to be hampered by a rising movement toward the adoption of a vegan-based diet.

Market Segmentation

The Global Animal Feedstuffs Market is segmented further based on Form, Livestock, Type, and Geography.

By Form, the market is classified as crumbles, mash, and pellets. Amongst all, the crumbles segment is estimated to hold the highest market share during the forecast period.

By Livestock, the market is classified as aquaculture, poultry, ruminants, and swine. Amongst all, the poultry segment is estimated to hold the highest market share during the forecast period.

By Type, the market is classified as amino acids, enzymes, minerals, probiotics, and vitamins. Amongst all, the amino acids segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Adisseo Announces the Signature of an Agreement for the Acquisition of Framelco Group. - 9th August 2020
2. Archer Daniels Midland Company (ADM) announced that it has completed its €1.544 billion acquisition of Neovia, creating a global leader in value-added products and solutions for production and companion animals. - 2nd January 2020

Company Profiles

Some of the companies covered in this report are Adisseo France S.A.S., Ajinomoto Co Inc, Archer Daniel Midland (ADM), BASF SE, Biomin Holdings Gmbh, Cargill, Incorporated, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Animal Feedstuffs Market . The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players