Animal Food Global Market Report 2023 – By Type (P Animal Food Global Market Report 2023 – By Type (Poultry Feed, Cattle Feed, Aquaculture Feed, Other Animal Food), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels), By Ingredients (Cereal, Oilseed Meal, Supplements, Other Ingredients) – Market Size, Trends, And Global Forecast 2023-2032 ...(expand)

Animal food is a type of feed for domestic animals. For further insights on the animal food market, request a sample here

The animal food market growth is aided by the stable economic growth forecasted in many developed and developing countries. However, some animal food market restraints include the COVID-19 outbreak as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. For further insights on the animal food market, request a sample here

The animal food market is expected to reach $439.39 billion in 2027 at a rate of 7.7%. For further insights on the animal food market, request a sample here

The global animal food market is segmented as
1) By Type: Poultry Feed, Cattle Feed, Aquaculture Feed, Other Animal Food
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
3) By Ingredients: Cereal, Oilseed Meal, Supplements, Other Ingredients
Subegments Covered: Cereal, Oilseed Meal, Molasses, Fish Oil And Fish Meal, Supplements, Other Ingredients Prawn Feed, Fish Feed, Other Aqua Feed
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Asia-Pacific was the largest region in the animal food market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here request a sample here.

Key competitors in the animal food market are, Cargill, Incorporated, New Hope Liuhe Co. Ltd., Charoen Pokphand Foods PCL, Bunge Limited, Mitsui, CJ Cheiljedang Corp, Land O'Lakes Inc, ForFarmers NV, Japfa ltd, Tate & Lyle. For further insights on the animal food market, request a sample here.

Major trends influencing the animal food market include growing awareness among cattle farmers and pet owners about the advantages of probiotics for animal health which is leading to the increased use of probiotics in animal feed for farm animals like cattle, horses, ruminants, and poultry. The increasing advancements in molecular biology and gene sequencing are allowing researchers to dig deep to find new probiotic applications for animals, in feed, and consumer packaged health products. The significant rise in the adoption of probiotics in animal feed for farm animals has shown beneficial results in terms of animal performance, digestion, and the immune system. For further insights on the animal food, request a sample here.

For detailed insights on the major opportunities and strategies in the animal food market, request a sample here.

For detailed insights on animal food market's relation to the overall economy and other similar markets, request a sample here.

For detailed insights on the mergers and acquisitions in the animal food industry, request a sample here.

For detailed insights on the key dynamics influencing the animal food market growth and SWOT analysis of the animal food industry, request a sample here.