Organic Feed Market Research Report

 

Growth opportunities in the Organic Feed Market look promising over the next six years. This is mainly due to the rising health concerns among the consumers, mounting expenditure by key players towards the publicity of these products, and several features like enhancing the longevity in animals and better digestion.

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Organic Feed Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

Several drivers responsible for the growth of the global organic feed market include the stimulating demand for natural food products, rising organic livestock farming, and the increasing cases of animal product contagion by pesticides and insecticides. Farmers across the world are extensively adopting organic methods for farming because of the augmenting health consciousness among individuals, is further strengthening the organic feed market size. In addition, the rising recognition of nontoxic food items in the middle-class population is positively influencing the market growth. The rising preference towards vertical integration (contract farming) along with the growing disbursement by the leading market players towards the advertisements of these harmless products on multiple platforms will propel the market growth. This extension will further impel the producers towards offering organic feeds. However, the high manufacturing cost will hamper the market growth.

Livestock Segment Drivers

Based on the livestock, the market is segmented into ruminants, poultry, swine, and aquatic animals. Amongst which, poultry is projected to dominate the market over the forecast period.  This is primarily attributed to the drift in consumer preference, the price advantage, and the aggravating demand for poultry meat across enormous nations such as the USA, Brazil, China, and Thailand. Moreover, the rising apprehension about animal health and the increasing awareness about the benefits of natural feeds supplement the organic feed market share.

Regional Drivers

Based on the regional coverage, North America is expected to lead the market during the forecast period. This is owing to their mounting demand in the poultry industry. In accordance with the USDA, World Agricultural Outlook Board, and World Agricultural Supply and Demand Estimates Report published in 2018, the U.S. accounts to be the largest producer and consumer of wheat, corn, oat, barley, sorghum, and soybean. The easy accessibility of these ingredients at an economical price is fuelling the market demand. Moreover, the growing demand for biotic poultry food will create new opportunities for the market. The changing consumer choice in favor of organic dairy products such as milk is driving the market growth.

Organic Feed Market’s leading Manufacturers:

·        Cargill Incorporated

·        Purina Animal Nutrition LLC

·        Bern Aqua NV

·        The Organic Feed Company

·        BW Feeds

·        SunOpta, Inc.

·        Aller Aqua Group

·        ForFarmers

·        Kmuch Industry

·        Feedex Companies

Organic Feed Market Segmentation:

Segmentation by Type

·        Cereals & Grains

o   Corn

o   Wheat

o   Barley

·        Oilseeds

o   Soybean

o   Rapeseed

o   Other Oilseeds

·        Others

Segmentation by Livestock

·        Poultry

·        Swine

·        Ruminants

·        Aquatic Animals

·        Other Livestock

Segmentation by Form

·        Pellets

·        Crumbles

·        Mashes

Segmentation by Additive

·        Vitamins

·        Minerals

·        Amino Acids

·        Enzymes

·        Phytogenics

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

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