The animal feed industry plays a significant role in the agricultural sector. With the expected worldwide increase in population in future, the demand for meat will follow. Therefore, role-players in the industry need to stay up to date with industry trends. This will enable them to provide sufficient feed for the market and to maximise profits. There are several reports available to help role-players in the feed industry to achieve this. Below is a summary of some of these reports and the link to purchase them.

Data Bridge Market Research

According to the Global Animal Feed Market – Industry Trends and Forecast to 2027 report by Data Bridge Market Research, the animal feed market is expected to grow by 3,4% between 2020 and 2027. This feed report provides details of recent developments in trade regulations, import/export analysis, production analysis, market size, category market growths, product approvals and technological innovations in the market.

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Market Research Future

The global animal feed market is predicted to exhibit a compound annual growth rate (CAGR) of 4,27% from 2018 to 2023. This is according to a report by Market Research Future. The report is titled Global Animal Feed Market Research Report, by Form (Pellets, Crumbles, Mash, Others), by Species (Poultry, Ruminants, Swine, Aqua, Others), and Region ­– Forecast to 2023. It expects the feed sector to reach US$617,61 billion by 2023.

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Global Market Insight

According to a report titled Compound Feed Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Landscape & Forecast, 2020 to 2026 by Global Market Insight, countries in the Asia-Pacific (APAC) region is set to emerge as a fast-growing revenue source for the compound feed industry. This is due to the high level of per-capita meat consumption in this region. With the population increase expected in prominent Asian nations such as India, South Korea and China, the demand for meat and animal-sourced products such as dairy will surge, which will in turn boost feed demand.

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A report titled Animal Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 by the IMARC Group expects the global animal feed market to continue its moderate growth during the next five years. The report provides an analysis of the key trends in each sub-segment of the global animal feed market report, along with forecasts for growth at the global, regional and country levels from 2020 to 2025. The report categorised the market based on region, form, animal type and ingredient.

Buy the report here. – Ursula Human, AgriOrbit