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.).
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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.
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