Global Organic Feed Market Overview:
Organic feeds are feeds with no pesticides or herbicides applied to the rain crops. These feeds provide animals with necessary nutrients without all the harmful chemicals, hormones, and fillers commonly found in non-organic feed. It is the cleanest animal feed provides to livestock animals. The increasing global livestock production with growing consumer preferences for more sustainable and ‘natural’ products will raise the demand for organic feed in these livestock animals. The use of chemicals in producing animal feed has resulted in various animal health issues that make them non-consumable as meat. The Demand for a greater quantity and variety of organic feed in the meat and dairy industry has increased in the last several years. Although these feeds are costlier they do not have any poison residues and are safe to consume by animals. According to AMA, the Global Organic Feed market is expected to see growth rate of 6.21%
Growth Drivers
- Increasing Occurrences Of Contamination In Animal Products Due To Use Of Pesticides And Insecticides In Feeds
- Growing Demand For Organic Food In Livestock Industry
Market Trends
- Booming Trend For Organic Products
Roadblocks
- High Cost Of Organic Feed
Opportunities
- Increasing Food Scandals As Well As Rising Middle-Class Population Opting For Safe Food Products
- Growth In Organic Farmlands
Challenges
- Limited Supply Of Organic Feed Ingredients
Competitive Landscape:
The organic feed industry is expected to remain innovation-led with frequent acquisitions and strategic alliances adopted by the key [layer by the players to increase their market presence.
Some of the key players profiled in the report are Cargill (United States), BernAqua (Belgium), Country Heritage Feeds (Australia), ForFarmers (Netherlands), SunOpta (Canada), Ranch-Way Feeds (United States), Aller Aqua (Denmark), Purina Animal Nutrition LLC (United States), Scratch and Peck Feeds (United States) and Hi Peak Feeds (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Country Heritage Feeds (Australia), Feedex Companies (United States), Country Junction Feeds (Canada), Green Mountain Feeds (United States) and Kreamer Feed, Inc. (United States). Considering Market by Additives, the sub-segment i.e. Minerals will boost the Organic Feed market. Considering Market by Form, the sub-segment i.e. Pellets will boost the Organic Feed market.
In October 2021, Bell & Evans, a family-owned poultry producer signed a long-term sourcing agreement with Cargill to exclusively secure its organic grain and increase domestic organic grain supply.
The United States Department of Agriculture (USDA) has restricted the use of antibiotics in livestock production. As per World Health Organization (WHO) farmers need to stop using antibiotics routinely in animal feed.
What Can be Explored with the Organic Feed Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Organic Feed Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Organic Feed
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Organic Feed market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Organic Feed market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Organic Feed Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.