Learn about the global animal food market through The Business Research Company, which provides information on animal food market size, animal food market drivers and restraints, animal food market players, the COVID-19 impact on the animal food market, and more.

The global animal food market size is expected to grow from $272.02 billion in 2021 to $301.96 billion in 2022 at a compound annual growth rate (CAGR) of 11%. The animal foods market is expected to grow to $442.34 billion in 2026 at a CAGR of 10%.

Stable economic growth is expected to increase investments at the end-user markets, thereby driving the animal food market during the forecast period.

Request A Sample For The Global Animal Food Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2053&type=smp

The animal food market consists of sales of animal foods by entities (organizations, sole traders, and partnerships) that produce animal food (except dog and cat food and cattle feed), such as fish food, livestock feeds, poultry feeds, bird feeds, earthworm food, rabbit food, and other distribution channels.

Global Animal Food Market Segments Include:

By Type: Poultry Feed, Cattle Feed, Aquaculture Feed, Others

By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others

By Ingredients: Cereal, Oilseed Meal, Supplements, Others

Subsegments Covered: Cereal, Oilseed Meal, Molasses, Fish Oil and Fish Meal, Supplements, Other Ingredients Prawn Feed, Fish Feed, Other Aqua Feed

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the animal food market in 2021.

Growing awareness among cattle farmers and pet owners about the advantages of probiotics for animal health is leading to the increased use of probiotics in the animal feed for farm animals like cattle, horses, ruminants, and poultry. The increasing advancements in molecular biology and gene sequencing are allowing researchers to dig deep for finding new probiotic applications for animals, in feed, and consumer packaged health products. The significant rise in the adoption of probiotics in animal feed for farm animals has shown beneficial results in terms of animal performance, digestion, and immune system.

TBRC’s animal food market report covers:

Major Market Players: Cargill Incorporated, New Hope Liuhe Co. Ltd., Charoen Pokphand Foods PCL, Bunge Limited, Mitsui, CJ Cheiljedang Corp, Land O’Lakes Inc, ForFarmers NV, Japfa ltd, and Tate & Lyle.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Animal Food Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides animal food market overviews, analyzes and forecasts market size, share, animal food market players, animal food market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s animal food market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Animal Growth Promoters And Performance Enhancers Global Market Report 2022

Animal Medicine Global Market Report 2022

Veterinary Services Global Market Report 2022

Interested To Know More About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: