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Animal Feed Market Size, Global Trends, Latest Techniques, Key Segments and Geography Forecasts Till 2027
Animal feeds
Latest market study on "Global Animal Feed Market to 2027 - COVID 19 Impact and Global Analysis - By Form (Pellets, Crumbles, Mash, Others); Livestock (Poultry, Ruminants, Swine, Aquaculture, Others); and Geography," Animal feed is the food grown to nourish poultry and livestock. Animal feed is produced by selecting and blending feed ingredients to offer nutritious diets that promote the health of animals and improve the quality of end products such as milk, wool, eggs, and meat. Animal feeds can be broadly groped as concentrates or roughages. Concentrates include high in energy value food sources including fats, cereal grains, high-protein oil meals or cakes, by-products from processing of sugarcane, sugar beets, animals, fish, and others. While roughages include hays, straw, silage, root crops, pasture grasses, stover (cornstalks), and others. The rising demand for animal origin protein has led to the intensification of livestock production chiefly based on the uses of industrial compound feed. Animal feed costs vary widely from season to season and it is often possible for producers to realize substantial savings through wise selection of the feed ingredients used to formulate complete diets.
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Impact of COVID-19 Pandemic on Animal Feed Market
The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Food and feed processing is one of the major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. China is the hub of manufacturing and the largest raw material supplier for various industries worldwide, and disturbed operations in the country are affecting several businesses from all other countries dependent on its manufacturing sector. The overall market breakdown due to COVID-19 is also affecting the growth of the animal feed market due to shutting down of factories, obstacle in supply chain, and downturn in world economy.
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Report:
Animal Feed Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Form (Pellets, Crumbles, Mash, Others); Livestock (Poultry, Ruminants, Swine, Aquaculture, Others); and Geography
The List of Companies - Animal Feed Market
Archer Daniels Midland Co
Cargill Inc
Charoen Pokphand Foods Plc
Evonik Industries AG
ForFarmers N.V.
Guangdong Haid Group Co. Ltd
Land O'Lakes, Inc
New Hope Group Co. Ltd
NUTRECO NV
Perdue Farms, Inc.
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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductors and Electronics, Aerospace and Defence, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, and Chemicals and Materials.
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