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Top 10 Companies in Animal Feed Market | Meticulous Blog meticulousblog.org
In a recent analysis by Meticulous Research®, the Animal Feed Market is poised to achieve substantial growth, reaching an estimated value of $961.2 billion by 2030, exhibiting a noteworthy Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period from 2023 to 2030.
The surge in market expansion is attributed to several factors, including the increasing commercialization of the livestock sector, a rising demand for animal-based products, and a heightened focus on research and development within the animal feed sector. However, challenges such as fluctuating raw material prices may pose constraints on market growth. Notably, the growing awareness concerning animal health is expected to pave the way for lucrative opportunities within the market.
Top 10 Companies Powering the Animal Feed Market: https://meticulousblog.org/top-10-companies-in-animal-feed-market/
1. Charoen Pokphand Foods PCL (Thailand)
• Established in 1978, headquartered in Bangkok, Thailand.
• Engaged in R&D, manufacturing, distribution, and retailing of agro-industrial and food products.
• Offers animal feed for poultry, swine, aquaculture, and other livestock animals.
• Presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
2. New Hope Liuhe Co., Ltd. (China)
• Founded in 1982, based in Chengdu, China.
• Specializes in animal feed, livestock breeding, and food processing.
• Operational presence in 21 countries, spanning North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.
3. Cargill, Incorporated (U.S.)
• Established in 1865, headquartered in Minneapolis, U.S.
• Involved in the manufacturing and marketing of food, agriculture, and industrial products.
• Offers animal feed products for various animals through brands like Cargill, Diamond V, EWOS, Nutrena, Purina, and Provimi.
• Geographic presence in more than 125 countries.
4. Nutreco N.V. (Netherlands)
• Founded in 1896, based in Utrecht, the Netherlands.
• Involved in sourcing, manufacturing, and selling nutritional products for animal nutrition and fish feed.
• Operates through divisions Skretting and Trouw Nutrition.
• Global presence with sales in over 90 countries.
5. Archer-Daniels-Midland Company (U.S.)
• Established in 1902, headquartered in Illinois, U.S.
• Engaged in manufacturing, selling, and distributing food ingredients and flavors.
• Presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
6. Alltech Inc. (U.S.)
• Founded in 1980, headquartered in Kentucky, U.S.
• Develops and manufactures health and well-being products for humans, animals, and plants.
• Presence across North America, the Middle East & Africa, Europe, Asia-Pacific, and Latin America.
7. ForFarmers N.V. (Netherlands)
• Established in 1896, headquartered in Lochem, the Netherlands.
• Produces and supplies innovative feed solutions for conventional and organic livestock farming.
• Strong geographic presence in Europe.
8. De Heus Animal Nutrition (Netherlands)
• Founded in 1911, based in Ede, the Netherlands.
• Engaged in the manufacturing and marketing of compound feed, premixes, concentrates, and feed specialties.
• Geographic presence in North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.
9. Royal Agrifirm Group (Netherlands)
• Established in 1982, headquartered in Apeldoorn, the Netherlands.
• Provides arable, nutritional, and industrial solutions for the agricultural sector.
• Geographic presence across Europe, Latin America, North America, Asia-Pacific, and the Middle East & Africa.
10. Guangdong HAID Group Co., Ltd. (China)
• Founded in 1998, headquartered in Guangzhou, China.
• Engaged in the research, development, production, and marketing of feed products and animal healthcare products.
• Geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Popular Mention: BRF S.A. (Brazil) and Tyson Foods, Inc. (U.S.).
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5393
Authoritative Research Insights: Meticulous Research®'s latest report delves into a comprehensive analysis of each company, providing insights into recent financial performance, key products, significant company strategies, and details on partnerships and acquisitions. The report also furnishes global market size estimates, market share analysis, revenue numbers, and extensive coverage of key issues and trends within the Animal Feed Market.
For more detailed information, please refer to Meticulous Research®'s "Animal Feed Market – Global Opportunity Analysis and Industry Forecast (2023-2030)" report.
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research sPvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
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Europe Biopharmaceutical Processing Equipment and Consumables Market to be Worth $25.02 Billion by 2030
Europe Biopharmaceutical Processing Equipment and Consumables Market by Product Type {Filtration, Chromatography [Consumables, Equipment], Disposable Bioreactors, Cell Culture Media, Shakers, Services), Application (Vaccine, mAb, R&D), and End User – Forecast to 2030
The Europe Biopharmaceutical Processing Equipment and Consumables Market is expected to grow at a CAGR of 9.7% from 2023 to 2030 to reach $25.02 billion by 2030. Biopharmaceutical processing involves the study of the discovery, development, and processing of complex medicines using living cells and organisms. Biopharmaceuticals include vaccines, whole blood and blood components, gene therapies, recombinant therapeutic proteins, and somatic cells.
Biopharmaceutical processing uses equipment such as filtration systems, chromatography equipment and consumables, bioreactors, cell culture systems, mixing systems, bioprocessing containers, sterilizers, centrifuges, incubators, biosafety cabinets, and other equipment like membrane adsorbers, cell disruption reagents, pipettes, syringes, vials, closures, tubing, connectors, and sensors for commercial and research-based bioproduction.
The growth of this market is driven by factors such as the growth of the biopharmaceuticals market, capacity expansions of biopharmaceutical plants, and the growing adoption of single-use bioprocessing equipment. However, biopharmaceuticals' complex development and manufacturing process restrain the market’s growth.
Furthermore, the shift towards Bioprocessing 4.0 and the rising adoption of personalized medicine are expected to offer significant market growth opportunities. The intensive capital requirements for biopharmaceutical production pose a major challenge to the market’s growth. The trends for the Europe biopharmaceutical processing equipment and consumables market are the use of disposable processing equipment for commercial production and rising focus on continuous bioprocessing.
Europe Continuous Bioprocessing Market to be Worth $206.1 Million by 2030
Europe Continuous Bioprocessing Market by Product (Filtration, Chromatography, Centrifuges, Consumables), Application (Commercial {Vaccines, Monoclonal Antibodies}, R&D), End User (Pharmaceuticals, Biotechnology, CROs) – Forecast to 2030
The Europe Continuous Bioprocessing Market is expected to grow at a CAGR of 19.1% from 2023 to 2030 to reach $206.1 million by 2030. Continuous manufacturing is an emerging trend spanning various industries. From automotive to paper, businesses are embracing continuous manufacturing to enhance efficiency and bolster profits. The shift from batch to continuous manufacturing is gaining traction in the biopharmaceuticals sector due to the surge in demand for intricate therapies and heightened market competition. Continuous bioprocessing is increasingly being adopted due to its agility, flexibility, efficiency, and robustness. This approach streamlines processes by minimizing steps, utilizing compact facilities and equipment, and enhancing product quality to facilitate real-time release.
The growth of the continuous bioprocessing market in Europe is attributed to recent product launches and advances in the continuous bioprocessing space, gradual adoption of continuous manufacturing, and initiatives supporting the adoption of biopharmaceuticals. Furthermore, the shift towards bioprocessing 4.0 and the rising adoption of personalized medicines are expected to provide significant market growth opportunities.
However, the limitations of continuous bioprocessing may restrain the growth of this market. Additionally, manufacturers’ hesitation to shift from batch manufacturing to continuous manufacturing poses challenges to the market players.
North America Electronic Lab Notebooks Market to be Worth $372.7 Million by 2030
North America Electronic Lab Notebooks Market by Product (Cross-disciplinary, Specific), Technology (Proprietary, Open-source), Channel (Web & Cloud-based, On-premise), End User (Pharmaceutical, Biotech, CROs, Academia/Research, F&B) – Forecast to 2030
The North America Electronic Lab Notebooks Market is projected to reach $372.7 million by 2030, at a CAGR of 6.8% from 2023 to 2030. Electronic lab notebooks allow users to store and process data. Users can enter protocols, observations, notes, and other data using a computer or smart device. Electronic lab notebooks enable good data management practices and provide data security.
The growth of this market is driven by the increasing R&D activities in the life sciences industry, the growing use of automation in laboratories, technological advancements in laboratory informatics solutions, and the rising need to comply with regulatory frameworks. In addition, the growing scope of cloud-based ELNs and the integration of artificial intelligence are expected to generate market growth opportunities in the coming years.
However, cost constraints and the reluctance to replace traditional lab notebooks with electronic lab notebooks may restrain the growth of this market to some extent. Also, data security & privacy concerns are a major challenge for the players operating in this market.
Conversational AI Market Worth $43.7 Billion by 2030
Conversational AI Market by Offering, Application, Organization Size, Deployment Mode, Sector (IT & Telecommunications, BFSI, Retail & E-commerce, Healthcare & Life Sciences, Travel & Hospitality, Education, Manufacturing) – Global Forecast to 2030
The Conversational AI Market is projected to reach $43.7 billion by 2030, at a CAGR of 23.9% during the forecast period 2023–2030. The growth of the conversational AI market is driven by the surge in demand for conversational AI solutions to improve call center operations and the proliferation of voice-enabled devices. However, a lack of accuracy in recognizing regional accents and dialects and low awareness about conversational AI solutions restrains the growth of this market. The high potential of AI-enabled voice assistants in the healthcare industry and the increasing proliferation of conversational AI solutions for sales and marketing management are expected to create growth opportunities for the players operating in the conversational AI market. However, data privacy and security concerns are a major challenge for market growth. Furthermore, AI chatbots with high emotional intelligence & the rise of voice-enabled assistants are the key trends observed in the conversational AI market.
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TOP 10 COMPANIES IN FUNCTIONAL FOOD AND BEVERAGES MARKET
Consumers are becoming increasingly concerned about their health and paying more attention to their lifestyles and dietary habits. The global demand for healthy & nutrition-rich diets is rising with the growing world population. According to the Food and Agriculture Organization (FAO), in 2050, the global demand for food, particularly nutrient-rich, will be twice as compared to 2013.
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