Global Feedstuff Market Overview:
Feedstuff is derived from natural or artificial sources that are widely used to increase the nutritional value of the animal diet. Additives are often mixed in the basic feeds to improve the value of feed or prevent or cure diseases. Growing consumption of animal products in developing economies like India and China due to the rapidly increasing population will accelerate the adoption of livestock feedstuffs and other feed additives for animals. Feedstuffs can be classified into forages, concentrates, supplements, and additives of which the protein supplements and milk enhancers are becoming much popular for ruminants.
- Surging Demand for Livestock Feedstuffs to Increase Milk Production and Maintain Nutrition in the Cattle
- Rapidly Growing Poultry and Fish Farming Activities to Meet Global Demand
- Increasing Number of Vegans Across the Globe Due to Growing Awareness About Animal Cruelty and Rising Natural Feedstuff Cost
- Increased Export of Pork and Other Frozen and Fresh Meat Products Worldwide
- Struggling Supplies in Feed Commodities and Increased Competition in the Market
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are BASF (Germany), Cargill (United States), ADM (United States), DSM (Netherlands), Alltech (United States), Land O'Lakes (United States), Innovad (Belgium), Scoular (United States), Tyson Foods (United States), Emsland Group (Germany) and Evonik Industries (Germany). Analyst at AMA Research see United States Vendors to retain maximum share of Global Feedstuff market by 2026. Considering Market by Nature, the sub-segment i.e. Natural will boost the Feedstuff market. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Feedstuff market.
Latest Market Insights:
In May 2021, Eastman, the US-based specialty material company acquired 3F Feed & Food to support the growth of its animal nutrition business. 3F Feed & Food is specialized in the development of additives for animal feed and human food. Its portfolio includes preservatives and acidifiers of feed and water; binders and granulation improvers; probiotics and prebiotics and other food preservatives. The acquisition will strengthen Eastmanís portfolio and extend its specialty product portfolio in animal nutrition gut health for swine and poultry.
What Can be Explored with the Feedstuff Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Feedstuff Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Feedstuff
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Feedstuff 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 Feedstuff 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, Feedstuff Manufacturers, Suppliers and Distributors of Feedstuff, Feedstuff Raw Material and Ingredients Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others.
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.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Feedstuff Market?
The Feedstuff market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Feedstuff Market?
Top performing companies in the Global Feedstuff market are BASF (Germany), Cargill (United States), ADM (United States), DSM (Netherlands), Alltech (United States), Land O'Lakes (United States), Innovad (Belgium), Scoular (United States), Tyson Foods (United States), Emsland Group (Germany) and Evonik Industries (Germany), to name a few.
3. What trending factors would impact Feedstuff Market growth most?
"Growing Innovation and Use of Antimicrobial in Feedstuff to Treat and Prevent Diseases in Animal" is seen as one of major influencing trends for Feedstuff Market during projected period 2020-2026.