Knowledge Sourcing Intelligence announces the publication of a new report on “Animal Feed Market- Forecasts from 2019 to 2024" to their offering.
This report provides forecast and analysis of the animal feed market which is estimated to surge from US$362.323billion in 2019to US$442.812billion by 2025.
Animal Feed refers to the products which help in improving animal’s health. Animal feed market is growing due to rise in consumption of milk products, meat, eggs and other end products. Animal Feed is helping animals to get nutrients, growth, weight gain, and develop immunity. Animal feed helps in proper regulation of animal’s food chain and helps in protecting them from diseases. Theshift from unorganized to organizedlivestock farming combined with growing population of animals is increasing the demand for animal livestock. Animal farming and consumption of animal protein is essential for maintaining the nutrition level in an individual.
The animal feed is segmented by Type, by Livestock, by Raw Material, and geography. Segmentation by Type is by Fodder, Forage, and Compound Feed. Segmentation on the basis of livestock is by Pork, Aquatic Animals, Cattle, Poultry, and others. Segmentation on the basis of Raw Material is by Soya, Canola, and Rendered Meal.
By geography, the animal feedmarket has been segmented as Americas, Europe, the Middle East and Africa, and the Asia Pacific. The Asia Pacific market is projected to hold the dominating share in the market due toexpanding middle class population with an increasing family income making them have the ability to spend on fulfilling their nutrition needs. Growing awareness regarding consumption of animal protein is also growing the market.
Some of the major players covered as part of the report Alltech, Cargill Incorporated, Kemin Industries, Inc., Nutreco N.V., Charoen Pokphand Foods PCL, BRF S.A., Purina Animal Nutrition LLC. New Hope Group,among others.

This report segmented the Animal Feedmarket on the basis following terms:

• By Type
o Fodder
o Forage
o Compound Feed

• By Livestock
o Pork
o Aquatic Animals
o Cattle
o Poultry
o Others

• By Type
o Soya
o Canola
o Rendered Meal

• By Geography
o North America
 United States
 Canada
 Mexico

o South America
 Brazil
 Argentina
 Others

o Europe
 Germany
 France
 UK
 Spain
 Others

o Middle East and Africa
 Israel
 Saudi Arabia
 Others

o Asia Pacific
 China
 Japan
 South Korea
 India
 Others

Purchase complete report or request sample: https://www.knowledge-sourcing.com/report/animal-feed-market
Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data, assists in generating quality reports providing crucial insights to managers and decision-makers. The services offered by us help companies to gain the required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others cater to diverse client needs.

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