Press release
Global Compound Horse Feedstuff Market is anticipated to touch US$ 3.2 Bn at a CAGR of 4% from 2023 to 2032
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Straight feed has been provided to horses as a pertinent source of energy for many years, however, the incompleteness of this feed has paved the way for compound horse feedstuff. Moreover, the traction for horse nutrition & health has grown significantly in recent years in line with the dire need for various supplements that are more apropos for horses than regular hay and pasture.
How Market Players are Coping Up?
Focusing on Healthy Ingredients
As the competition in the compound horse feedstuff market continues to grow, several market players have placed their focus on developing a novel range of quality-ensuring variants that promise enhanced output. Stakeholders are also focused on customized need- and trend-based offerings to appeal to a wide pool of ingredient-specific audience.
Capitalizing on Non-GMO Trend in Animal Feed
With the growing non-GMO trend already underway in the animal feed industry, a large number of companies are filtering the ingredients used in manufacturing compound horse feedstuff. As compound horse feedstuff ingredients, such as cereals, including corn and soya can be genetically modified, and hold the potential to negatively impact the health of animals, stakeholders are looking forward to viable alternatives to underpin sales.
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Compound Horse Feedstuff Market - Segmentation
The PMR detailed research study on the compound horse feedstuff market also sheds light on the market attractiveness by analyzing the key market segments. The global study also presents a region-wise valuation to better understand the demand and supply ratio of the compound horse feedstuff market.
The incisive study report provides an assessment based on the type, form, ingredients and region. Each of these segments has been mentioned and evaluated by the analysts to obtain valuable intelligence apropos of the compound horse feedstuff market.
This PMR study on the compound horse feedstuff market mentioned the historical, current, and futuristic trends that continue to shape the growth of these segments, in particular, and the industry, in general. Moreover, the report provides value chain analysis, Y-o-Y growth analysis, as well as the supply chain analysis of the compound horse feedstuff market.
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Companies Covered in This Report -
GAIN Equine Nutrition
BAILEYS HORSE FEEDS
Purina Animal Nutrition LLC
Equifirst
Big V Feeds
Nutrena World
Cavalor
Triple Crown Feed
Epol
West Feeds
Allen & Page
Rowen Barbary
FAQ's:
What type of compound horse feedstuff witnessed highest traction in 2018?
What are the key ingredients that are anticipated to drive maximum sales of the compound horse feedstuff in 2020?
How will the North America compound horse feedstuff market evolve during 2019-2029?
What are the key determinants that are hindering the growth of the compound horse feedstuff market?
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