Pet Food Global Market Report 2023 – By Type (Dog And Cat Food, Other Pet Food), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels), By Ingredients (Animal Derivatives, Plant Derivatives, Synthetic) – Market Size, Trends, And Global Forecast 2023-2032

The probiotics in the animal feed refer to a live microbial feed additive that enhances the intestinal balance of the host animal. Probiotics are widely employed in animal feeding and are regarded as growth and health stimulators. Most probiotics used in animal nutrition are generated commercially and sold in liquid and solid forms. The main forms of probiotics in animal feed are dry and liquid. The dry probiotics are used in the animal feed in the form of dried powder form, tablets, and capsules. Dry probiotics come in a variety of shapes and sizes and are made using a freeze-drying method. The various sources of probiotics in animal feed include bacteria and yeast and fungi. They are used in feed of cattle, poultry, swine, aquaculture, and other applications. The global probiotics in animal feed market is segmented - 1) By Form Type: Dry, Liquid 2) By Source Type: Bacteria, Yeast and Fungi 3) By Application Type: Cattle, Poultry, Swine, Aquaculture, Other Applications The global probiotics in animal feed market size grew from $4.26 billion in 2022 to $4.62 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global probiotics in animal feed is expected to grow to $6.35 billion in 2027 at a CAGR of 8.2%. The growing demand for eggs and poultry meat contributes to the growth of probiotics in the animal feed market. The demand for eggs and poultry meat is increasing because of the rise in population, greater purchasing power, and urbanization. Moreover, increasing awareness about the nutrients and protein from eggs and meat are contributing towards their demand. Probiotics are used as an additive in the poultry feed, which keeps the poultry farm animals disease-free and boosts their immunity to produce more eggs and meat. For instance, in 2020, according to the Food and Agricultural Organisation of the United Nations, the global production of poultry meat increased from 9 to 133 million tonnes, and egg production increased from 15 to 93 million tonnes between 1961 and 2020. Poultry meat accounted for 40% of the total meat produced worldwide in 2020. Egg production increased by 150% in the last three decades. Thus, increased demand for eggs and poultry meat is expected to boost the demand for probiotics in the animal feed during the forecast period. Major players in the probiotics in animal feed market report are Chr. Hansen, Koninklijke DSM N.V., DuPont, Evonik Industries, Land O'Lakes, Calpis Co., Ltd., Ohly, Lesaffre, Alltech, Novozymes, Unique Biotech, Archer Daniels Midland Company (ADM), Advance aqua bio technologies, Danisco A/S, and Kerry Group. Partnerships and collaborations is a key trend gaining popularity in the probiotics in the animal feed market. The companies operating in the probiotics in the animal feed market are focusing on establishing partnership with relevent technology companies to expand their product development activities and enhance their market reach. For instance, in September 2020, Proteon Pharmaceuticals, a Poland-based biotechnology company, partnered with DuPont Animal Nutrition. The partnership aims to use DuPont's reputable and trusted brand to help poultry producers in particular nations access Proteon's bacteriophage technology. In addition to improving Proteon's distribution capabilities and strengthening DuPont's product line, the partnership will help further reduce antimicrobial resistance (AMR) in farm animals. DuPont Animal Nutrition is a biotechnology research company that produces a wide range of feed enzymes, betaine, phytogenics, and probiotics. In January 2021, Novozymes, a Denmark-based biotechnology company specializing in research, development, and production of industrial enzymes, microorganisms, and biopharmaceutical ingredients, acquired Microbiome Labs for $125 million. Through this acquisition, Novozymes will focus on probiotics for human use as a growth area. It offers the chance to advance our work in human health, expand its portfolio, and cement its leadership in the North American probiotics market. Microbiome Labs is an Illinois-based company that focuses on providing probiotic bacterio therapy. Asia-Pacific was the largest region in the probiotics in animal feed market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global probiotics in animal feed market share during the forecast period. The regions covered in the probiotics in animal feed market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the probiotics in animal feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The prebiotics in the amimal feed market consists of sales of lactobacillus, bacillus, streptococcus, pediococcus, enterococcus, bifidobacterium, and propionibacterium. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The probiotics in animal feed market research report are one of a series of new reports from The Business Research Company that provides probiotics in animal feed market statistics, including probiotics in animal feed industry global market size, regional shares, competitors with market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the probiotics in the animal feed industry. This probiotics in animal feed market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Animal food refers to food for domestic animals, especially livestock, in the course of animal husbandry. These are intended for use as a substantial source of nutrients in the diet of the animal. The main types of animal food are poultry feed, cattle feed, aquaculture feed, and other animal food. Poultry feed is food used to feed chickens, ducks, geese, and other domestic birds or farm poultry. The various ingredients used in animal food are cereals, oilseed meal, supplements, and other ingredients. These products are made available through supermarkets, hypermarkets, convenience stores, e-commerce, and other distribution channels. The global animal food market is segmented - 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 Subsegments Covered: Cereal, Oilseed Meal, Molasses, Fish Oil And Fish Meal, Supplements, Other Ingredients Prawn Feed, Fish Feed, Other Aqua Feed The global animal food market size grew from $299.68 billion in 2022 to $326.05 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global animal food market is expected to grow to $439.39 billion in 2027 at a CAGR of 7.7%. The animal and pet food market's growth is aided by the stable economic growth forecasted in many developed and developing countries. According to the International Monetary Fund (IMF), the global GDP reached 3.3% in 2020 and 3.4% in 2021, according to the IMF. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period. Major companies in the market include 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., and Tate & Lyle. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the animal food manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the animal food manufacturing market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Growing awareness among cattle farmers and pet owners about the advantages of probiotics for animal health 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 instance, the a US-based company, Bactana Animal Health, has completed its first round of funding for developing a novel bacterial stain of Faecalibacterium prausnitzii for commercial livestock usage. Asia-Pacific was the largest region in the animal food market share in 2022. Western Europe was the second-largest region in the animal food market. The regions covered in the global animal food market analysis report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the animal food market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The animal food market consists of sales of fish food, livestock feeds, poultry feeds, bird feeds, earthworm food, rabbit food, and other animal food. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The animal food research report is one of a series of new reports from The Business Research Company that provides animal food statistics, including global market size, regional shares, competitors with animal food share, detailed animal food segments, market trends and opportunities, and any further data you may need to thrive in the animal food industry. This animal food research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The feed acidifier are used to inhibit the growth of pathogenic bacteria. Feed acidifiers are added to feeds to decrease the pH of the feed, gut, and microbial cytoplasm, preventing harmful intestinal microflora from growing. This inhibits bacteria from competing for host nutrients, resulting in improved development and performance. The main types of feed acidifiers are propionic acid, fumaric acid, lactic acid, formic acid, and others. The propionic feed acidifiers are used to reduce acidogenesis and when propionic acid is added to a glucose-containing growth medium, a random copolymer consisting of 3-hydroxybutyrate and 3-hydroxy valerate is formed. The various forms include dry, and liquid, divided by livestock into poultry, swine, ruminants, aquaculture, pets, and others. The several compounds are blended into singles. The global feed acidifiers market is segmented - 1) By Type: Propionic acid, Fumaric acid, Lactic acid, Formic Acid, Other Types 2) By Form: Dry, Liquid 3) By Livestock: Poultry, Swine, Ruminants, Aquaculture, Pets, Other Livestocks 4) By Compound: Blended, Single The global feed acidifiers market size grew from $2.48 billion in 2022 to $2.71 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the feed acidifiers market is expected to grow to $3.55 billion in 2027 at a CAGR of 7.0%. The rise in the demand for meat and dairy products is expected to propel the growth of the feed acidifier market going forward. Meat and dairy products refer to a healthy, balanced diet that includes protein from meat, as well as from fish and eggs. Acidifiers promote the absorption of minerals from animal meat and dairy products by improving nutrient digestibility. For instance, in May 2020, a study by Food Choice and Consumer Preference on willingness to pay for meat alternatives suggests that animal-based meat consumption is on the rise in India, and an estimated 64-74% of the population of India consumes some form of animal-based meat occasionally. Moreover, according to the food and agriculture organizations of the United States, by 2025, global milk output is expected to expand by 177 million tonnes, with an average annual growth rate of 1.8%. Therefore, the growing demand for meat and dairy products is driving the growth of the feed acidifier market. Major players in the feed acidifiers market are BASF SE, Yara International ASA, Kemin Industries, Biomin Holding GmbH, Kemira Oyj, Perstorp Holding AB, Novus International Inc., Corbion NV, Impextraco NV, Addcon Group GmbH, Anpario plc, PeterLabs Holdings Berhad, JEFO Nutrition Inc., Pancosma SA, Nutrex NV, ADDCON GmbH, and Koninklijke DSM N.V. Strategic partnerships are a key trend gaining popularity in the feed acidifier market. Major companies operating in the feed acidifier sector are focused on partnerships to strengthen their position in the market. For instance, in January 2021, Azelis, a Belgium-based service provider to the food industry, partnered with Perstorp AB, a Sweden-based chemical company. Through this partnership, both companies represent themselves in Great Britain for their animal nutrition range of gut health solutions, feed hygiene solutions, acidifiers, silage additives, and total mixed ration and grain preservatives. Furthermore, in December 2020, BELFEED, a Belgium-based feed additives company, partnered with JEFO Europe, a Poland-based non-medicated animal nutritional solution provider. Through this partnership, Jefo became an exclusive distributor in central European countries, such as Poland, Hungary, and the Czech Republic. In May 2021, Eastman Chemical Company, a US-based chemical company, acquired 3F Feed & Food for an undisclosed amount. The combination of Eastman's chemical expertise together with 3F's R&D skills is expected to increase the product offering of new molecules that can be successfully deployed to a market. 3F Feed & Food is a Spanish firm that produces preservatives and acidifiers as well as liquids and powders for the sanitation, safety, and preservation of animal health nutraceuticals and feed. Asia-Pacific was the largest region in the feed acidifiers market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the feed acidifier market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the feed acidifiers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The feed acidifier market consists of sales of formic acid, citric acid, propionic acid, lactic acid, essential oils. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The feed acidifiers market research report is one of a series of new reports from The Business Research Company that provides feed acidifiers market statistics, including global feed acidifiers industry size, regional shares, competitors with a feed acidifiers market share, detailed feed acidifiers market segments, market trends and opportunities, and any further data you may need to thrive in the feed acidifiers industry. This feed acidifiers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Feed premix refers to a mixture of one or more feed additives that are included in the diet of livestock animals and are not intended for direct consumption. Premix includes vitamins, trace minerals, medicaments, feed supplements, and diluents as its constituents. It's a value-added solution for feeds with long-term quality and safety. The main types of feed premix are amino acids, antioxidants, antibiotics, vitamins, minerals and others. The amino acids feed premix contains L-lysine, DL-methionine, and L-threonine which improves the synthetic efficiency of protein. The availability of those components permits a user to anticipate an increase in protein synthesis efficiency. The feed premix are available in two form namely dry and liquid and are used by livestock such as ruminants, swine, aquatic animals, poultry and pets. The global feed premix market is segmented – 1) By Type: Amino Acids, Antioxidants, Antibiotics, Vitamins, Minerals, Other Types 2) By Form: Dry, Liquid 3) By Livestock: Ruminants, Swine, Aquatic Animals, Poultry, Pets The global feed premix market size will grow from $19.2 billion in 2022 to $20.63 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of feed premix market is expected to grow to $30.12 billion in 2027 at a CAGR of 9.9%. The increase in the demand and consumption of livestock-based products is expected to propel the growth of the feed premix market. Livestock-based products comprise eggs, dairy products, and meat products. Adding feed premix to the livestock's diet helps in providing sufficient vitamins and minerals and enhances nutrition and better production of livestock-based products such as milk. An increase in the adoption and consumption of dairy and meat products is increasing the sales of livestock-based products which is driving the demand for feed premix. For instance, according to the U.S. Department of Agriculture (USDA) data, dairy consumption in America, in 2020, was around 655 pounds of dairy in milk, yogurt, cheese, butter, ice cream, and other wholesome and nutritious dairy foods, which is an increase of 3 pounds per person from 2019. Therefore, an increase in the demand and consumption of livestock-based products will drive the growth of the feed premix market. Major players in the feed premix market are Advanced Animal Nutrition Pty Ltd., Archer Daniels Midland Company, BASF SE, BEC Feed Solutions Pvt Ltd., Cargill Incorporated, Danish Agro Group, Dansk Landbrugs Grovvareselskab, De Heus Voeders BV, Phibro Animal Health Corporation, ForFramers BV, Godrej Agrovet Limited, Invivo NSA, Koninklijke Coöperatie Agrifirm UA, Koninklijke DSM, Land O'Lakes Inc., Nutreco NV, AB Agri Ltd., Agrofeed Ltd., Avitech Nutrition Pvt Ltd., DSM Austria GmbH (Biomin), Beijing Da Bei Nong Science and Technology Group Co Ltd (DBN Group), Burkmann Industries Inc., Purina Animal Nutrition LLC and Hi-Nutrients International Limited. The development of a new feed ingredient is a key trend gaining popularity in the feed premix market. Advancement in the properties of feed ingredients will lead to improved properties of feed premixes which will benefit the consuming livestock. These new feed ingredients provide additional benefits such as improving health and maximizing production. For instance, in December 2021, BASF, a Germany-based chemical company, developed Natupulse TS, a revolutionary feed enzyme to release priceless nutrients. A non-starch polysaccharide (NSP) enzyme is Natupulse® TS. It hydrolyzes ß-mannans into smaller components, such as manno-oligosaccharides, as an endo-1,4-ß-D-mannanase (MOS). When ß-mannanase is added to the feed, the digesta viscosity is reduced, the feed's digestibility is increased, and a more sustainable output is ensured. In October 2020, Royal DSM, a Dutch company involved in the fields of health, nutrition, and materials acquired Erber Group for USD 1.04 billion. This acquisition is expected to strengthen DSM's experience and reputation as a leading provider of nutrition solutions for animals and will also help in reducing emissions, feed utilization efficiency, and enhancing water and land utilization. Erber Group is an Austrian company involved in the animal nutrition and health business. Asia-Pacific was the largest region in the feed premix market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the feed premix market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the feed premix market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The feed premix market consists of sales nucleotides, trace elements, and other functional ingredients. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The feed premix market research report is one of a series of new reports from The Business Research Company that provides feed premix market statistics, including feed premix industry global market size, regional shares, competitors with a feed premix market share, detailed feed premix market segments, market trends and opportunities, and any further data you may need to thrive in the feed premix industry. This feed premix market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Feed binders refer to the ingredients added to the feed to enhance the livestock's feed performance. These are the ingredients that are used to keep feed components intact to maintain the structure and consistency of the feed and prevent the decomposition of feed ingredients. They are also used to improve livestock health, reduce livestock diseases, and improve the stability of the feed. The main types of feed binders are lignosulfonates, plant gums and starches, gelatin and other hydrocolloids, molasses, clay, and other types. The lignosulfonates refer to brown amorphous powder that supplies natural soluble carbohydrates required for metabolic energy. The various sources are natural and synthetic. The various applications include moist, pellets, and crumbles. The global feed binders market is segmented – 1) By Type: Lignosulfonates, Plant Gums And Starches, Gelatin And Other Hydrocolloids, Molasses, Clay, Other Types 2) By Source: Natural, Synthetic 3) By Application: Moists, Pellets, Crumbles The global feed binders market size will grow from $5.19 billion in 2022 to $5.48 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of feed binders is expected to grow to $6.61 billion in 2027 at a CAGR of 4.8%. The increasing consumption of livestock-based products is expected to propel the growth of the feed binders market going forward. Livestock-based products refer to products derived from animals such as meat and meat products, poultry products (meat and eggs), fish, shellfish, and dairy products (milk and cheese). Feed binder is incorporated into livestock feed to trap mycotoxins and prevent them from entering the bloodstream, where they could cause catastrophic injury to the animals. For instance, in March 2022, according to the Australian Bureau of Statistics, an Australian government agency responsible for statistical collection and analysis, in terms of seasonal adjustments for the quarter ending March 2022, chicken meat production increased by 3.2%. Therefore, the increasing consumption of livestock-based products is driving the feed binders market. Product innovations are a key trend gaining popularity in the feed binder market. Major companies operating in the feed binders market are focused on developing new products to sustain their position in the market. For instance, in February 2020, CRA-VAC Industries Inc., a Canada-based feed binder manufacturer, launched Protein-Plus Halal, an innovative halal pellet binder with an excellent amino acid profile that is also a pork-product-free binder. Protein-Plus Halal is specially designed and developed for feed manufacturers in areas where halal goods are desirable, if not required. In April 2021, Eastman Chemical, a US-based specialty materials company, acquired 3F Feed & Food for an undisclosed amount. Through this acquisition, Eastman aims to boost and support the ongoing global growth of its animal nutrition business. 3F Feed & Food is a Spain-based developer of additives for animal feed and human food operating in the feed binders market. Major players in the feed binders market are Emsland-Starke Gmbh, DuPont de Nemours Inc., Darling Ingredients Inc., Roquette Freres, Borregaard ASA, CP Kelco Inc., Cra-Vac Industries Inc., Beneo GmbH, Kemin Indistries Inc., Alltech, Visco Starch, BASF SE, Bentoli AgriNutrition India Pvt Ltd., Allwyn Chem Industries, and Uniscope Inc. Asia-Pacific was the largest region in the feed binders market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this feed binders market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the feed binders market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The feed binder market consists of sales of wheat gluten, pea starch, and guar gum. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The feed binders market research report is one of a series of new reports from The Business Research Company that provides feed binders market statistics, including feed binders industry global market size, regional shares, competitors with a feed binders market share, detailed feed binders market segments, market trends and opportunities, and any further data you may need to thrive in the feed binders industry. This feed binders market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The feed mycotoxin binders and modifiers are feed additives that are added to feed to prevent mycotoxins absorption through the gut and entry into the bloodstream. These are used to trap mycotoxins, keeping them from entering the bloodstream and causing catastrophic injury to animals. The ultimate purpose of feeding mycotoxin binders and modifiers is to prevent serious harm to animals. The main types of feed mycotoxin binders and modifiers are feed mycotoxin binders and feed mycotoxin modifiers. Feed mycotoxin binders are most widely used in the dry form because they mix readily with the feed ingredients and are easy to store. Feed mycotoxin binders refer to a material applied to animal feed in tiny amounts to trap mycotoxins, keeping them from entering the bloodstream and causing catastrophic injury to your animals. The different sources include inorganic and organic feeds. The several live stocks include poultry, swine, ruminants, aquatic animals, and others. The global feed mycotoxin binders and modifiers market is segmented – 1) By Type: Feed Mycotoxin Binders, Feed Mycotoxin Modifiers 2) By Source: Inorganic , Organic 3) By Livestock: Poultry, Swine, Ruminants, Aquatic Animals, Other Livestocks The global feed mycotoxin binders and modifiers market size will grow from $2.36 billion in 2022 to $2.48 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of feed mycotoxin binders and modifiers is expected to grow to $2.96 billion in 2027 at a CAGR of 4.5%. The increased risks of mycotoxin contamination in livestock feed are significantly contributing to the expansion of the feed mycotoxin binders and modifiers market going forward. Mycotoxins are harmful secondary metabolites generated naturally by fungi that grow on various farm commodities. Mycotoxins at low concentration reduce the growth rate of young animals and impair immunologic response making the livestock more susceptible to infection. For instance, according to an analysis report from a US-based animal health company, Alltech, out of 1,200 samples of barley, corn, corn silage, wheat, grass silage, triticale, straw, alfalfa haylage, and whole crop silage from different countries, an average of 4.34 mycotoxins were detected, with 98.5% samples containing at least 1 mycotoxin and 86.1% samples containing 2 or more mycotoxins. Therefore, the increased risk of mycotoxin contamination in livestock feed is driving the mycotoxin binders and modifiers market. Major players in the feed mycotoxin binders and modifiers market are Cargill Incorporation, BASF SE, The Archer-Daniels-Midland Company, Bayer AG, Perstorp AB, Novus International Inc., Biomin Singapore Pte Ltd., Impextraco NV, Nutreco Corporate, Kemin Industries, Bluestar Adisseo Co, Global Nutritech Biotechnology Company, Alltech, Amlan International, Olmix Group, Selko B.V, Micron Bio Systems company, SibbiopharM Ltd., Anfotal Nutritions Private Limited, FF Chemicals B.V., Visscher Holding B.V., Bentoli Inc., Bonaventure Animal Nutrition, and Nutriad Ltd. Product innovation is the key trend gaining popularity in the feed mycotoxin binders and modifiers market. Major companies operating in the feed mycotoxin binders and modifiers sector are focused on developing new technological and innovative solutions to strengthen their position in the market. For instance, in March 2021, Biomin, an Austria-based animal nutrition, and feed additive company launched Mycofix Plus 5.Z with ZENzyme, an innovative, all-in-one feed additive next-generation mycotoxin risk management solution for breeding animals and their offspring. ZENzyme is a purified enzyme that degrades mycotoxin zearalenone (ZEN) fast and irreversibly into non-estrogenic metabolites. In July 2022, AB Agri, a US-based manufacturer of animal feed and feed additives acquired Greencoat Limited for an undisclosed amount. Through this acquisition, AB Agri aimed to expand the international animal nutrition business into new areas. Greencoat Limited is a UK-based animal feed additives manufacturing company. North America was the largest region in the feed mycotoxin binders and modifiers market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the feed mycotoxin binders and modifiers market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the feed mycotoxin binders and modifiers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The feed mycotoxin binders and modifiers market consists of sales of lignosulfonates, plant gums and starches, molasses, and clay. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The feed mycotoxin binders and modifiers market research report is one of a series of new reports from The Business Research Company that provides feed mycotoxin binders and modifiers market statistics, including feed mycotoxin binders and modifiers industry, global feed mycotoxin binders and modifiers market size, regional shares, competitors with feed mycotoxin binders and modifiers market share, detailed feed mycotoxin binders and modifiers market segments, market trends, and opportunities, and any further data you may need to thrive in the feed mycotoxin binders and modifiers industry. This feeds mycotoxin binders and modifiers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Feed processing equipment is a machine that produces animal feed by processing the raw material. They are used to produce animal feed. The main functions of feed processing equipment are pelleting, mixing, grinding, and extrusion. Extrusion refers to the process of forming something by forcing or pushing it out, mainly through a small opening. The feed types are ruminant feed, poultry feed, swine feed, aquaculture feed, and other feed types. The various applications involved are poultry, pig, ruminant, aqua, and other applications. The global feed processing equipment market is segmented – 1) By Function: Pelleting, Mixing, Grinding, Extrusion 2) By Feed Type: Ruminant Feed, Poultry Feed, Swine Feed, Aquaculture Feed, Other Animal Feed 3) By Application: Poultry, Pig, Ruminant, Aqua, Other Applications The global feed processing equipment market size will grow from $54.93 billion in 2022 to $58.22 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global feed processing equipment is expected to grow to $70.57 billion in 2027 at a CAGR of 4.9%. The growing demand for feed across the globe to meet the needs of the rising livestock population is expected to drive the feed processing equipment market. The rise in livestock population led to an increase in the requirement for feed which in turn is likely to fuel the demand for feed processing equipment. For instance, in October 2022, according to AFIA, a US-based feed industry association, under normal production conditions, DIS calculated the baseline consumption at the start of 2020 at 252.6 million tonnes (excluding forages and roughages), with an estimated value of $66.7 billion. By 2025, the amount of animal food consumed could rise by 2.5% to 254.6 million tonnes, or about $48.8 billion. Major players in the feed processing equipment market are Buhler AG, Clextral, Dinnissen BV, Andritz AG, Bratney Companies, Longchang Machinery, HET Feed Machinery, B.K. Allied Industries, SKIOLD, and ZhengChang. The high operational and maintenance cost of the feed mill is expected to hinder the feed processing equipment market. The cost of establishing a feed mill includes design and development, equipment, installation, operational, and maintenance costs. According to the American Feed Industry Association, engineering and design, equipment and installation, and operation and maintenance cost contribute to about 1%, 15%, and 50% respectively of the total investment over a feed mill’s lifetime. Moreover, electricity and labor require high capital investment making it unaffordable for middle, and low-income producers, thereby acting as a major restraint for market growth. Plant manufacturers are launching revolutionary technology intending to improve the operation, increase efficiency, and set up other equipment to offer an advantage over other machines. In June 2020, Imas, a supplier of milling technology, developed a new type of feed mill with a compact design for the feed industry with a capacity of 2 to 3 tons per hour. In April 2022, an Iceland-based food processing company acquired Wenger Manufacturing for US$540 million. With this acquisition, it gives Marel a platform for investment into fresh, complementary, and promising growth markets. Wenger Manufacturing is a US-based feed processing equipment manufacturing company. The Asia-Pacific was the largest region in the feed processing equipment market in 2022. North America was the second largest region in the global feed processing equipment market share. The regions covered in the global feed processing equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the feed processing equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The feed processing equipment market consists of sales of hammer mills, fine grinders, air classifiers, pellet mills, and extruders. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The feed processing equipment market research report is one of a series of new reports from The Business Research Company that provides feed processing equipment market statistics, including feed processing equipment industry global market size, regional shares, competitors with a feed processing equipment market share, detailed feed processing equipment market segments, market trends and opportunities, and any further data you may need to thrive in the feed processing equipment industry. This feed processing equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Veterinary healthcare refers to a healthcare service that is associated with the diagnosis, treatment, and prevention of diseases in animals and the duties of an individual whose job it is to provide medical care for animals who are ill or injured, or to describe such care to reduce transmission of infectious disease from one pet to another. The main types of veterinary healthcare are veterinary services, veterinary medical equipment, animal medicine and are used for the animals such as dogs and cats, horses, ruminants, swine, poultry, and other animals. Veterinary services refer to the healthcare services that are provided to the animals. The products include instruments/equipment, disposables. The global veterinary healthcare market is segmented - 1) By Type: Veterinary Services, Veterinary Medical Equipment, Animal Medicine 2) By Product: Instruments/Equipment, Disposables 3) By Animal Type: Dogs and Cats, Horses, Ruminants, Swine, Poultry, Other Animals Subsegments Covered: Animal Hospitals And Veterinary Clinics, Veterinary Laboratory Testing Services, Veterinary Diagnostic Equipment, Veterinary Anesthesia Equipment, Veterinary Patient Monitoring Equipment, Other Veterinary Medical Equipment, Veterinary Pharmaceuticals, Feed Additives The global veterinary healthcare market size will grow from $180.32 billion in 2022 to $195.77 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The market size of veterinary healthcare is expected to grow from $261.48 billion in 2027 at a CAGR of 7.5%. Global meat production is expected to rise in the forecast period, supporting the growth of the veterinary healthcare market. According to the US Department of Agriculture, in 2020, the beef production in the USA reached27.5 billion pounds, the highest production volume registered in the country. Rising meat production is especially prominent in developing countries such as China, India, and Brazil, where increasing populations and rising income levels are stimulating the demand for meat products. By 2027, the production of meat and poultry in emerging markets is expected to increase by 76%. By 2050, China's meat imports are expected to grow by over 3,500% to $150 billion as consumption of chicken, pork, and beef will surge due to the country's rising middle class. The rising production of meat products supported by the growing population will increase the demand for feed additives in the livestock industry, driving the veterinary healthcare market. Major companies in the veterinary healthcare market include Zoetis Inc., Boehringer Ingelheim GmbH, Merck & Co, IDEXX Laboratories, Evonik Industries AG, Patterson Companies Inc., Ceva Animal Health LLC – Biomune; Pets at Home Group PLC, National Veterinary Associates, and Phirbo Animal Health. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the veterinary healthcare market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down" and the outbreak hurting businesses throughout 2020 and into 2021. However, it is expected that the veterinary healthcare market will recover from the shock over the forecast period as it is a 'black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Nanotechnology is increasingly gaining traction in the animal medicine market as a substitute for veterinary antibiotics to tackle antibiotic resistance. Nanotechnology is the study of controlling matter on an atomic and molecular scale. In the animal medicine industry is used to improve diagnosis, treatment, animal growth promotion, and production. Nanoparticles are mainly used as alternative antimicrobial agents to reduce the use of antibiotics and improve the detection of pathogenic bacteria. They are also used as drug delivery agents for new drugs and vaccine candidates to improve their characteristics and performance, and to reduce drug resistance in animal organisms. North America was the largest region in the veterinary healthcare market in 2022. Asia-Pacific was the second-largest region in the veterinary healthcare market. The regions covered in the veterinary healthcare report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the veterinary healthcare market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The veterinary healthcare market includes revenues earned by entities by providing treatment for diseases that influence the health of domestic and wild animals and must be prevented, controlled, diagnosed, and treated, along with the human transmission of animal diseases.The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The veterinary healthcare research report is one of a series of new reports from The Business Research Company that provides veterinary healthcare statistics, including veterinary healthcare industry global market size, regional shares, competitors with veterinary healthcare share, detailed veterinary healthcare segments, market trends and opportunities, and any further data you may need to thrive in the veterinary healthcare industry. This veterinary healthcare research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.