This Feed and Animal Nutrition Market report provides a forward looking perspective on different factors  driving or restraining market growth. This Feed and Animal Nutrition Marketreport help in   making informed business decisions by having complete insights of market and by making in-depth analysis of market segments. The report highlights the limitations and strong points of the well-known players through SWOT analysis. It also assesses their growth in the market. Additionally, the global market report covers the major product & applications categories & segments.

The latest developments in the Feed and Animal Nutrition Market market and details of the market leaders along with their market share and strategies.  It forecast the regions to witness the fastest growth in the industry. This Feed and Animal Nutrition Marketreport throws light on the segment expected to dominate the market. It understands the current and future of the market in both developed and emerging Markets.

Data Bridge Market Research analyses that the feed and animal nutrition market which was growing at a value of 482.1 billion in 2021 and is expected to reach the value of USD 739.87 million by 2029, at a CAGR of 5.50% during the forecast period.

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Definition

Feed and animal nutrition are nutritious foods with high levels of proteins, minerals, and vitamins given to livestock, farm, and aquatic animals. Domestic animals primarily consume it in the form of fodder, hay, silage, pelleted feeds, oilseeds, sprouted grains, and forage, among other things. Feed and animal nutrition are an important component of animal rearing, and it varies depending on whether the animals are raised for meat, eggs, or milk.

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Key Growth Drivers:

  • Growing demand for animal based products

Increased emphasis on animal health will also drive market growth. Increased cattle farming will likely result in increased feed and animal nutrition demand. Humans' increasing demand for animal-based products will drive up market demand. Proponents of natural growth are expected to be active in the market as their momentum grows. Rising consumer awareness of the benefits of using feed additives to reduce disease has fuelled the market's demand.

  • Implementation of high farming standards and growing awareness of food safety around the world

Food safety concerns have increased the demand for high-quality feed and animal nutrition to ensure meat safety. Another factor driving the growth of the feed and animal nutrition market is the growing awareness among farm owners of the importance of maintaining a healthy animal based diet. As a result, they are transitioning from standard feed and animal nutrition to functional and premium variants that help improve the animals' immunity against enzootic diseases while also lowering the risk of metabolic disorders, acidosis, injuries, and infections.

Furthermore, an increase in demand for organic meat from developed-country consumers, as well as the implementation of new animal rearing practises and the maintenance of high farming standards, has created a positive outlook for the industry.

The report emphasizes the participation of key entities, notably:

  • Yara (Norway)
  • Koch AG & Energy Solutions LLC (U.S.)
  • Coromandel International Limited (India)
  • Nutrien Ltd. (Canada)
  • Agriculture Solutions Inc (Canada)
  • Evergrow (Egypt)
  • Deepak Fertilizers and Petrochemicals Corporation Limited (India)
  • Hafia Groups (Israel)
  • Sapec Agro S.A. (Portugal)
  • Kugler Company (U.S.)
  • Impact Fertilizer (Australia)
  • Calcium Products (U.S.)
  • Israel Chemicals Limited (Israel)
  • Van Iperen International B.V. (Netherlands)
  • S. AG LLC (U.S.)

Major Points in the Report

  • Understanding the entirety of the feed and animal nutrition marketlandscape thoroughly.
  • Exploring the leading entities in this sector, delving into their range of products and core approaches.
  • Examining the prominent geographical areas where feed and animal nutrition marketdemonstrates significant growth.
  • Keeping abreast of the latest shifts and advancements within the industry.
  • Identifying specific areas or markets with high potential and promising expansion opportunities.

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Key Market Segmentation

By Product Type (Amino Acids, Vitamins, Minerals, Enzymes, Fish Oils and Nutrition Lipids, EubioticsCarotenoids, Other Product Types), Species (Poultry, Swine, Ruminants, Pets, Other Species), Application (Veterinarians, Animal Feed Manufacturers, Households, Farms, Other Application), Administrative Method (Oral, Topical, Injection)

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