Animal Feed Market by Product and Geography - Forecast and Analysis 2020-2024

Global Animal Feed Market

Global Animal Feed Market: About this market

Technavio’s animal feed market analysis considers sales from poultry, swine, ruminant, aquaculture, and other products. Our study also finds the sales of animal feed in APAC, Europe, North America, South America, and MEA. In 2019, the poultry segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing consumption of poultry meat will play a significant role in the poultry segment to maintain its market position. Also, our global animal feed market report looks at factors such as the increasing number of product launches, increasing investments in the market, and the increasing number of mergers and acquisitions. However, high price of non-GMO animal feed, development of clean meat products, and growing consumer inclination towards vegan food may hamper the growth of the animal feed industry over the forecast period.

Global Animal Feed Market: Overview

The increasing number of product launches

Animal feed market vendors are leveraging advanced technical innovations to launch advanced and new products. Increasing new product launches by regional and international players may support the growth of the market along with increased revenue flow and market share. For instance, Patanjali Ayurveda Ltd. (Patanjali) announced the launch of cattle feed and feed supplements under the brand Dugdhamrit. The company claims that the new products are urea-free. Such product launches will lead to the expansion of the global animal feed market at a CAGR of almost 4% during the forecast period.

Adoption of new technologies

To produce animal feed market vendors are investing in developing sustainable technologies. The vendors are also investing in new technologies to increase their production capabilities. For instance, ADM opened a new high-tech livestock feed facility in Quincy, Illinois, the US which has facilities like increased warehouse space to serve customers more quickly and efficiently along with dedicated feed line for non-medicated products and automated packaging and process controls. Such development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global animal feed market during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the global animal feed market is moderately fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading animal feed manufacturers, that include Archer Daniels Midland Co., Cargill Inc. Charoen Pokphand Foods Plc, Evonik Industries AG, ForFarmers NV, Guangdong Haid Group Co. Ltd., Land O'Lakes Inc., New Hope Group Co. Ltd., Nutreco NV, Perdue Farms Inc.

Also, the animal feed market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendors: Key offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Segments of global packaged foods and meats market
      • Table Global packaged foods and meats market
    • Market characteristics
      • Table Market characteristics
    • Value Chain Analysis
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market Outlook
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ billions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by product
    • Table Product - Market share 2019-2024 (%)
    • Comparison by product
      • Table Comparison by product
    • Poultry - Market size and forecast 2019-2024
      • Table Poultry - Market size and forecast 2019-2024 ($ billions)
      • Table Poultry - Year-over-year growth 2020-2024 (%)
    • Swine - Market size and forecast 2019-2024
      • Table Swine - Market size and forecast 2019-2024 ($ billions)
      • Table Swine - Year-over-year growth 2020-2024 (%)
    • Ruminant - Market size and forecast 2019-2024
      • Table Ruminant - Market size and forecast 2019-2024 ($ billions)
      • Table Ruminant - Year-over-year growth 2020-2024 (%)
    • Aquaculture - Market size and forecast 2019-2024
      • Table Aquaculture - Market size and forecast 2019-2024 ($ billions)
      • Table Aquaculture - Year-over-year growth 2020-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ billions)
      • Table Others - Year-over-year growth 2020-2024 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ billions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ billions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Entry of new players into the market
    • Adoption of new technologies
    • Increasing demand for meat and poultry
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Archer Daniels Midland Co.
      • Table Archer Daniels Midland Co. - Vendor overview
      • Table Archer Daniels Midland Co. - Business segments
      • Table Archer Daniels Midland Co. - Organizational developments
      • Table Archer Daniels Midland Co. - Geographic focus
      • Table Archer Daniels Midland Co. - Segment focus
      • Table Archer Daniels Midland Co. - Key offerings
    • Cargill Inc.
      • Table Cargill Inc. - Vendor overview
      • Table Cargill Inc. - Business segments
      • Table Cargill Inc. - Organizational developments
      • Table Cargill Inc. - Geographic focus
      • Table Cargill Inc. - Key offerings
    • Charoen Pokphand Foods Plc
      • Table Charoen Pokphand Foods Plc - Vendor overview
      • Table Charoen Pokphand Foods Plc - Business segments
      • Table Charoen Pokphand Foods Plc - Organizational developments
      • Table Charoen Pokphand Foods Plc - Geographic focus
      • Table Charoen Pokphand Foods Plc - Segment focus
      • Table Charoen Pokphand Foods Plc - Key offerings
    • Evonik Industries AG
      • Table Evonik Industries AG - Vendor overview
      • Table Evonik Industries AG - Business segments
      • Table Evonik Industries AG - Organizational developments
      • Table Evonik Industries AG - Geographic focus
      • Table Evonik Industries AG - Segment focus
      • Table Evonik Industries AG - Key offerings
    • ForFarmers NV
      • Table ForFarmers NV - Vendor overview
      • Table ForFarmers NV - Business segments
      • Table ForFarmers NV - Organizational developments
      • Table ForFarmers NV - Geographic focus
      • Table ForFarmers NV - Segment focus
      • Table ForFarmers NV - Key offerings
    • Guangdong Haid Group Co. Ltd.
      • Table Guangdong Haid Group Co. Ltd. - Vendor overview
      • Table Guangdong Haid Group Co. Ltd. - Business segments
      • Table Guangdong Haid Group Co. Ltd. - Organizational developments
      • Table Guangdong Haid Group Co. Ltd. - Geographic focus
      • Table Guangdong Haid Group Co. Ltd. - Segment focus
      • Table Guangdong Haid Group Co. Ltd. - Key offerings
    • Land O'Lakes Inc.
      • Table Land O'Lakes Inc. - Vendor overview
      • Table Land O'Lakes Inc. - Business segments
      • Table Land O'Lakes Inc. - Organizational developments
      • Table Land O'Lakes Inc. - Segment focus
      • Table Land O'Lakes Inc. - Key offerings
    • New Hope Group Co. Ltd.
      • Table New Hope Group Co. Ltd. - Vendor overview
      • Table New Hope Group Co. Ltd. - Business segments
      • Table New Hope Group Co. Ltd. - Organizational developments
      • Table New Hope Group Co. Ltd. - Key offerings
    • Nutreco NV
      • Table Nutreco NV - Vendor overview
      • Table Nutreco NV - Business segments
      • Table Nutreco NV - Organizational developments
      • Table Nutreco NV - Key offerings
    • Perdue Farms Inc.
      • Table Perdue Farms Inc. - Vendor overview
      • Table Perdue Farms Inc. - Business segments
      • Table Perdue Farms Inc. - Organizational developments
      • Table Perdue Farms Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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