The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Robust Growth in Organic Feed Market Size

• The organic feed market has shown significant growth, increasing from $8.34 billion in 2023 to an anticipated $8.97 billion in 2024, reflecting a CAGR of 7.6%.
• This growth is attributed to consumer preference for organic products, health and environmental concerns, and supportive government programs.

Anticipated Expansion and Market Projections

• Forecasts indicate continued growth, with the market expected to reach $12.11 billion by 2028, growing at a CAGR of 7.8%.
• Factors contributing to this growth include global expansion of organic certification, rising popularity of organic aquaculture, and increasing e-commerce for organic products.

Driving Forces Behind Market Growth

Adoption of Organic Farming Practices

• Farmers’ increasing adoption of organic farming practices is a key driver.
• Organic farming techniques focus on ecological sustainability and minimizing synthetic inputs, promoting the use of organic feed.

Innovations in Feed Ingredients

• Companies are innovating with new feed ingredients to enhance livestock and poultry diets.
• Chromium propionate, for instance, has been developed to improve glucose utilization and overall health in animals.

Strategic Acquisitions and Expansion

• Strategic acquisitions, such as Noble Foods acquiring Hi Peak Feeds, aim to bolster production capacity and sustainability efforts within the organic feed sector.

View More On The Organic Feed Market Report 2024 –
https://www.thebusinessresearchcompany.com/report/organic-feed-global-market-report

Key Market Players

• Purina Mills LLC
• Scratch and Peck Feeds
• Kemin Industries Inc.
• Noble Foods
• Aller Aqua A/S
• Cargill Inc.
• Bayer AG
• Royal DSM N.V.
• Nutreco NV

Innovations Driving Market Dynamics

Technology Integration in Production

• Emphasis on integrating technology in organic feed production processes.
• This includes advancements in processing techniques and monitoring systems to ensure quality and safety.

Focus on Sustainability and Corporate Responsibility

• Companies are increasingly aligning with corporate sustainability initiatives.
• This includes investment in sustainable supply chains and reducing environmental impacts.

Consumer Trends: Non-GMO and Clean Label Preferences

• Growing consumer awareness and preference for non-GMO and clean label products are influencing market trends.
• Organic feed formulations are adapting to meet these preferences and regulatory standards.

Market Segmentation

Types of Organic Feed

• Cereals and Grains
• Oilseeds
• Other Types

Additives in Organic Feed

• Amino Acids
• Vitamins
• Minerals
• Others

Forms of Organic Feed

• Pellets
• Crumbles
• Other Forms

Livestock Categories

• Poultry
• Ruminants
• Swine
• Aquatic Animals
• Other Livestock

Regional Insights

• North America led the organic feed market in 2023, with strong adoption rates and regulatory support.
• Asia-Pacific is expected to be the fastest-growing region, driven by increasing demand for organic products and sustainable agriculture practices.

Conclusion

The organic feed market continues to expand rapidly, driven by consumer demand for sustainable and organic products. Innovations in feed ingredients, adoption of organic farming practices, and strategic industry acquisitions are shaping its trajectory. As global awareness of environmental sustainability grows, so too does the organic feed market, positioning it as a crucial component of the agricultural landscape for years to come.

Request A Sample Of The Global Organic Feed Market Report 2024:
https://www.thebusinessresearchcompany.com/sample_request?id=10255&type=smp

The Organic Feed Global Market Report 2024  provides comprehensive insights on the organic feed market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the organic feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Feed Processing Equipment Global Market Report 2024

Cattle Feeds Global Market Report 2024

Compound Feed Global Market Report 2024

Learn More About The Business Research Company
The Business Research Company has published over 6500+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: