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    Animal Feed Market

    ID: MRFR/AGR/1080-CR
    128 Pages
    Snehal Singh
    June 2025

    Animal Feed Market Research Report By Animal Type (Ruminant, Monogastric, Aqua, Others), By Feed Type (Concentrates, Additives, Mixed Feed, Premixes), By Form (Pellets, Meal, Mash, Liquid), By Distribution Channel (Online, Offline, Retail, Wholesale) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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    Animal Feed Market Infographic
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    Animal Feed Market Summary

    As per Market Research Future Analysis, the Animal Feed Market was valued at 386.78 USD Billion in 2023 and is projected to grow to 480.0 USD Billion by 2035, reflecting a CAGR of 1.82% from 2025 to 2035. The market is driven by rising demand for high-quality animal protein due to population growth and changing dietary patterns, alongside increasing health awareness and food safety standards. Technological advancements in feed production are also shaping the industry, with a focus on sustainability and innovation.

    Key Market Trends & Highlights

    The Animal Feed Market is experiencing significant trends driven by various factors.

    • Ruminant segment valued at 150.0 USD Billion in 2024, dominating the market.
    • Monogastric segment valued at 130.0 USD Billion in 2024, essential for meeting protein requirements.
    • Aqua segment projected to grow, valued at 70.0 USD Billion in 2024, amid rising health awareness.
    • Online distribution channel gaining prominence, reflecting changing consumer preferences.

    Market Size & Forecast

    2023 Market Size USD 386.78 Billion
    2024 Market Size USD 393.78 Billion
    2035 Market Size USD 480.0 Billion
    CAGR (2025-2035) 1.82%

    Major Players

    Key players include Merial, De Heus, CP Group, Cargill, Nutreco, Archer Daniels Midland, JBS S.A., ForFarmers, Alltech, BASF, Land O'Lakes, SiteOne Landscape Supply, Evonik Industries, Wilmington Grain, Charoen Pokphand Foods.

    Animal Feed Market Trends

    The  Animal Feed Market is witnessing significant trends driven by various factors. One of the key market drivers is the increasing  demand for high-quality animal protein, primarily due to rising population and changing dietary patterns. Consumers are increasingly seeking meat, dairy, and egg products, which in turn drives the demand for feed as livestock producers aim to enhance feed efficiency and animal nutrition. There is also a growing awareness about animal health and welfare, leading farmers to invest in better quality feed that supports the overall well-being of livestock.

    This shift presents opportunities to explore alternative feed ingredients, such as plant-based proteins and by-products from food processing, which are gaining traction among producers looking to meet sustainability goals.Trends in recent times indicate a strong focus on sustainability and environmentally friendly practices within the animal feed sector. The adoption of advanced technologies in feed formulation and manufacturing processes plays a crucial role in optimizing resources and reducing waste. Additionally, the increasing incorporation of nutraceuticals and functional feeds that promote gut health and enhance immunity has become prominent in the market.

    With urbanization and changing lifestyles, there is also a trend towards the rising popularity of pet ownership, leading to increased demand for specialty pet food products that echo the broader trends of health and wellness in animal nutrition.This growing trend is encouraging manufacturers to innovate and create products that cater to the specific needs of pets, capturing new opportunities in a dynamic and evolving market landscape. Overall, the  Animal Feed Market is on a trajectory towards more sustainable, efficient, and health-oriented practices that align with the changing consumer preferences and regulatory requirements.

    The Global Animal Feed Market is poised for growth, driven by increasing demand for livestock products and a shift towards sustainable feed solutions that enhance animal health and productivity.

    United States Department of Agriculture (USDA)

    Animal Feed Market Drivers

    Market Trends and Projections

    Focus on Sustainable Practices

    Sustainability is becoming a central theme within the Global Animal Feed Market Industry. Stakeholders are increasingly prioritizing environmentally friendly practices, such as using alternative protein sources and reducing carbon footprints. This shift is driven by consumer awareness and regulatory pressures aimed at minimizing the environmental impact of livestock farming. Companies that embrace sustainable feed solutions are likely to gain competitive advantages and enhance their market positions. The Global Animal Feed Market Industry is thus witnessing a gradual transition towards more sustainable practices, which may contribute to a compound annual growth rate of 1.82% from 2025 to 2035.

    Regulatory Changes and Compliance

    Regulatory frameworks governing animal feed safety and quality are evolving, impacting the Global Animal Feed Market Industry. Governments are implementing stricter guidelines to ensure the health of livestock and the safety of food products. Compliance with these regulations often necessitates investment in quality assurance processes and traceability systems. As the industry adapts to these changes, it is likely to see increased operational costs, but also potential benefits in terms of consumer trust and market access. The ability to navigate these regulatory landscapes effectively will be crucial for stakeholders aiming to thrive in the competitive Global Animal Feed Market Industry.

    Emerging Markets and Economic Growth

    Emerging markets are playing an increasingly vital role in the Global Animal Feed Market Industry. Economic growth in regions such as Asia-Pacific and Latin America is driving higher consumption of animal protein, necessitating increased feed production. As these economies expand, the demand for high-quality animal feed is expected to rise correspondingly. This trend presents opportunities for both local and international players to penetrate these markets. The Global Animal Feed Market Industry is thus poised for growth, with projections indicating a market size of 480 USD Billion by 2035, underscoring the importance of these emerging economies in shaping future demand.

    Rising Demand for Livestock Products

    The increasing global population and the corresponding rise in demand for livestock products such as meat, milk, and eggs are pivotal drivers of the Global Animal Feed Market Industry. As of 2024, the market is valued at approximately 393.8 USD Billion, reflecting the growing need for efficient animal nutrition to meet consumer demands. This trend is particularly pronounced in developing countries where dietary shifts towards protein-rich foods are evident. The Global Animal Feed Market Industry must adapt to these changes by enhancing feed formulations to ensure livestock health and productivity, thereby supporting the overall growth of the sector.

    Technological Advancements in Feed Production

    Technological innovations in feed production processes are transforming the Global Animal Feed Market Industry. Advanced techniques such as precision nutrition, feed additives, and automated manufacturing systems are enhancing feed efficiency and quality. These developments not only optimize resource utilization but also contribute to sustainability goals by reducing waste and emissions. As a result, producers are increasingly adopting these technologies to improve profitability and meet regulatory standards. The integration of technology is expected to play a crucial role in the market's evolution, particularly as the industry anticipates a market size of 480 USD Billion by 2035.

    Market Segment Insights

    Animal Feed Market Animal Type Insights  

    Animal Feed Market Animal Type Insights  

    The  Animal Feed Market revenue is prominently characterized by its division into various animal types, which significantly shapes market dynamics. In 2024, the Ruminant segment demonstrates a substantial valuation of 150.0 USD Billion, reflecting its dominant role in the overall market landscape. This segment, encompassing livestock such as cattle and sheep, holds the majority of holding due to the rising meat and dairy consumption trends ly.

    Following closely, the Monogastric segment is valued at 130.0 USD Billion in the same year, representing an essential category that includes pigs and poultry.The increasing demand for poultry products and pig meat contributes to its significant share in the market, underscoring the importance of this segment in meeting  protein requirements. The Aqua segment, accounting for 70.0 USD Billion in 2024, is crucial as it focuses on fish and seafood, sectors experiencing considerable growth amid rising health awareness and protein consumption patterns favoring aquatic sources.

    Lastly, the Others category, which includes various specialty feed types, is valued at 43.78 USD Billion in 2024, highlighting its niche yet important role in the broader market landscape.The  Animal Feed Market segmentation reveals valuable insights, showing how diverse animal types play pivotal roles in shaping consumption trends and addressing the nutritional needs of a growing  population. Overall, while Ruminant and Monogastric segments dominate in terms of market valuation, the Aqua segment is increasingly recognized for its potential, due to rising preferences for healthier protein sources, presenting a unique opportunity for growth within the  Animal Feed Market industry.

    With steady demand growth projected across all segments, market participants are presented with opportunities to innovate and address changing consumer preferences in a continuously evolving landscape.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Animal Feed Market Feed Type Insights  

    Animal Feed Market Feed Type Insights  

    The  Animal Feed Market, with a projected value of 393.78 USD Billion in 2024, is a vital sector influenced by various feed types, which play a crucial role in the nutrition of livestock. The market segmentation includes Concentrates, Additives, Mixed Feed, and Premixes, each serving important functions in animal health and productivity. Concentrates, which provide a high nutrient density, are essential for enhancing feed efficiency. Additives, such as vitamins and minerals, significantly support animal well-being and growth, showing strong market growth trends.Mixed Feed and Premixes are designed to optimize nutrient balance, facilitating high-performance levels in livestock.

    As demands for sustainable and nutritious animal feed rise ly, these feed types are becoming increasingly important in meeting the nutritional needs of a growing population. The  Animal Feed Market statistics reflect the need for efficient production methods and innovation in feed technology to address challenges like rising raw material prices and evolving consumer preferences. Overall, the dynamics within these feed types are critical for shaping the future of the industry, highlighting opportunities for growth and development.

    Animal Feed Market Form Insights  

    Animal Feed Market Form Insights  

    The  Animal Feed Market revenue reflects a robust growth trajectory, with a valuation of 393.78 USD Billion in 2024 and a projected valuation of 480.0 USD Billion by 2035, showcasing the vitality of the market. Within this expansive market, the Form component, comprising various physical forms of animal feed such as Pellets, Meal, Mash, and Liquid, plays a critical role in addressing nutritional needs and feed efficiency.

    Pellets, known for their digestibility and ease of handling, are a significant choice among livestock producers, enhancing feed conversion rates.Meal, derived from oilseed processing, offers high protein content, making it a popular ingredient in feed formulations. Similarly, Mash provides finely ground feed suitable for specific animal diets, promoting health and productivity. Liquid forms, often used in specialty feeds, facilitate hydration and nutrient intake, especially for young or sick animals.

    These diverse forms reflect shifting consumer preferences and technological advancements aiming to optimize nutritional delivery, address animal welfare, and meet environmental regulations.The  Animal Feed Market statistics highlight consistent demand for these forms, driven by the increasing focus on sustainable agricultural practices and efficient livestock production methods. Overall, the various forms within the  Animal Feed Market segmentation are paramount in ensuring animal health, enhancing growth performance, and meeting the rising demand for high-quality animal products ly.

    Animal Feed Market Distribution Channel Insights  

    Animal Feed Market Distribution Channel Insights  

    The Distribution Channel segment of the  Animal Feed Market plays a crucial role in ensuring the availability and accessibility of animal feed to consumers worldwide. As of 2024, the market is valued at 393.78 billion USD, with various channels contributing to this growth. The online distribution channel has gained prominence in recent years, driven by the increasing trend of digitalization and convenience, catering particularly to tech-savvy consumers.

    Offline channels, including traditional retail and wholesale, still dominate the landscape due to their established networks and customer trust.Retail channels facilitate personalized service, while wholesale operations ensure bulk distribution, catering to larger farms and manufacturers. The  Animal Feed Market segmentation indicates significant growth potential across these channels, fueled by rising demand for quality animal nutrition and advancements in supply chain logistics. The market is characterized by evolving consumer preferences for sustainable and organic feed options, posing both challenges and opportunities.

    Overall, the distribution channels significantly influence market dynamics, shaping the availability and effectiveness of animal feed delivery to the livestock sector ly.

    Get more detailed insights about Animal Feed Market Research Report - Forecast to 2035

    Regional Insights

    The  Animal Feed Market is witnessing notable regional dynamics that contribute significantly to overall growth. In 2024, North America holds a majority share at 110.0 USD Billion and is projected to reach 130.0 USD Billion by 2035, driven by established livestock sectors and technological advancements in feed production. Europe follows closely, valued at 90.0 USD Billion in 2024, with growth to 110.0 USD Billion by 2035, emphasizing sustainable practices and higher demand for quality animal products.

    The Asia Pacific region stands out with a valuation of 140.0 USD Billion in 2024, expected to surge to 180.0 USD Billion by 2035, largely due to a growing population and increased meat consumption.Meanwhile, South America, with 25.0 USD Billion in 2024 and 30.0 USD Billion in 2035, benefits from its agricultural exports, while the Middle East and Africa, valued at 28.78 USD Billion in 2024 and 30.0 USD Billion by 2035, are gradually improving livestock production quality, driven by population growth and evolving dietary preferences.

    Each region's unique characteristics reveal vital trends and opportunities within the  Animal Feed Market, significantly impacting  market dynamics.

    Animal Feed Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The  Animal Feed Market is marked by a dynamic landscape, characterized by a diversity of players competing to capture market share and respond to evolving consumer demands. Key factors influencing this market include technological advancements in animal nutrition, the rising demand for high-quality feed products, and an increasing awareness of animal health and well-being. Companies within this sector are striving to innovate and optimize their offerings, with a focus on sustainability and quality ingredients, which are becoming more critical as stakeholders emphasize responsible sourcing and production practices.

    The competitive landscape reflects the constant adaptation to regulatory changes, economic influences, and fluctuations in raw material prices, which all play a significant role in shaping market dynamics.Merial, a prominent entity in the  Animal Feed Market, has established itself as a leading player with a strong focus on the health and productivity of livestock, particularly in the areas of veterinary solutions and nutritional health products. The company’s commitment to research and development has enabled it to introduce innovative feed solutions that enhance animal growth and performance while ensuring optimal health outcomes.

    With a robust distribution network and an extensive product portfolio, Merial’s strengths lie in its ability to respond to the unique needs of various regions and target market segments. This strategic advantage positions the company favorably against competitors, allowing it to maintain a significant presence in the marketplace while also contributing to advancements in animal welfare practices.De Heus operates effectively within the  Animal Feed Market, known for its focus on quality feed solutions that cater to multiple species, including poultry, swine, and ruminants.

    The company has developed a comprehensive range of products that meet the diverse nutritional requirements of animals, ensuring optimal health and superior growth rates. With a commitment to innovation, De Heus continuously invests in research and development, demonstrating strengths in product formulation and feed technology. Its  footprint is supported by strategic mergers and acquisitions that have enhanced its market capabilities and broadened its portfolio.

    Nationwide collaborations and partnerships further bolster its position, establishing De Heus as a trusted supplier and a significant contributor to the animal feed industry on a  scale, distinguished by its focus on quality, sustainability, and customer service.

    Key Companies in the Animal Feed Market market include

    Industry Developments

    Recent developments in the  Animal Feed Market reflect significant growth and strategic movements among key players. In September 2023, Cargill expanded its portfolio by enhancing its animal nutrition products, aligning with increasing  demand for innovative feed solutions. Merial was involved in initiatives focusing on sustainable practices to improve animal health, which has garnered attention in the industry. Meanwhile, De Heus acquired a regional feed manufacturer to bolster its market presence in Southeast Asia, crucial for the growing demand in that region.

    Notably, in June 2023, ForFarmers announced a merger with a local feed company, further consolidating its position in the European market.

    The market valuation of companies like Nutreco and JBS S.A. has also shown positive trends, attributed to rising livestock production and a shift towards organic feed solutions. The growth in market valuation is strengthening competition and innovation within the sector, as companies invest more in Research and Development to meet evolving customer preferences. Over the past two years, the  Animal Feed Market has increasingly focused on sustainability, with initiatives from multiple companies, including Alltech and BASF, aimed at reducing environmental impact and improving feed efficiency.

    Future Outlook

    Animal Feed Market Future Outlook

    The Global Animal Feed Market is projected to grow at a 1.82% CAGR from 2024 to 2035, driven by increasing livestock production and demand for sustainable feed solutions.

    New opportunities lie in:

    • Invest in alternative protein sources to meet rising demand for sustainable animal feed.
    • Develop innovative feed additives that enhance animal health and productivity.
    • Leverage digital technologies for supply chain optimization and market analysis.

    By 2035, the Animal Feed Market is expected to achieve robust growth, reflecting evolving consumer preferences and industry innovations.

    Market Segmentation

    Animal Feed Market Form Outlook

    • Pellets
    • Meal
    • Mash
    • Liquid

    Animal Feed Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Animal Feed Market Feed Type Outlook

    • Concentrates
    • Additives
    • Mixed Feed
    • Premixes

    Animal Feed Market Animal Type Outlook

    • Ruminant
    • Monogastric
    • Aqua
    • Others

    Animal Feed Market Distribution Channel Outlook

    • Online
    • Offline
    • Retail
    • Wholesale

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 386.78(USD Billion)
    Market Size 2024 393.78(USD Billion)
    Market Size 2035 480.0(USD Billion)
    Compound Annual Growth Rate (CAGR) 1.82% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Merial, De Heus, CP Group, Cargill, Nutreco, Archer Daniels Midland, JBS S.A., ForFarmers, Alltech, BASF, Land O'Lakes, SiteOne Landscape Supply, Evonik Industries, Wilmington Grain, Charoen Pokphand Foods
    Segments Covered Animal Type, Feed Type, Form, Distribution Channel, Regional
    Key Market Opportunities Plant-based protein sources, Functional animal feed, Alternative feed additives, Precision nutrition technologies, Sustainable feed production methods
    Key Market Dynamics rising demand for meat, increasing feed costs, government regulations, technological advancements, and sustainable feed alternatives
    Countries Covered North America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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    FAQs

    What is the expected market size for the Animal Feed Market in 2024?

    The Animal Feed Market is expected to be valued at 393.78 USD Billion in 2024.

    What is the projected market size for the Animal Feed Market by 2035?

    By 2035, the Animal Feed Market is expected to reach a value of 480.0 USD Billion.

    What is the compound annual growth rate (CAGR) for the Animal Feed Market from 2025 to 2035?

    The expected CAGR for the Animal Feed Market from 2025 to 2035 is 1.82%.

    Which region holds the largest market share in the Animal Feed Market in 2024?

    North America holds the largest market share in the Animal Feed Market with a value of 110.0 USD Billion in 2024.

    What will be the market size for Ruminant feed in 2035?

    The market size for Ruminant feed is projected to be 182.0 USD Billion by 2035.

    What is the expected market value for the Monogastric segment in 2024?

    The Monogastric segment of the Animal Feed Market is expected to be valued at 130.0 USD Billion in 2024.

    Who are some key players in the Animal Feed Market?

    Key players in the Animal Feed Market include Cargill, JBS S.A., Nutreco, and BASF.

    What is the projected market size for Aqua feed segment in 2035?

    The Aqua feed segment is expected to be valued at 85.0 USD Billion by 2035.

    Which region is expected to experience significant growth in the Animal Feed Market by 2035?

    The Asia Pacific region is projected to grow significantly, with an expected market value of 180.0 USD Billion by 2035.

    What is the expected market size for the Others segment in 2024?

    The Others segment of the Animal Feed Market is anticipated to be worth 43.78 USD Billion in 2024.

    Animal Feed Market Research Report - Forecast to 2035 Infographic
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