Animal Nutrition Market || 2024-2031
The Animal Nutrition Market is anticipated to reach USD$ 39.13 billion by 2031 from USD$ 23.12 billion in 2022, at a CAGR of 6.8% during the forecast period.
DataM Intelligence has published a new research report on “Animal Nutrition Market Size 2024”. The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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The Animal Nutrition Market refers to the industry involved in the production, distribution, and sale of feed and nutritional products for livestock, poultry, aquaculture, and pets. This market encompasses a wide range of products, including complete feeds, feed additives, supplements, and premixes designed to enhance the health, growth, and productivity of animals. Key factors driving the market include the increasing global demand for animal protein, the rising awareness of animal health and welfare, and advancements in nutrition science and feed formulations. The market is also influenced by regulatory standards, trends in sustainable and organic farming, and the growing interest in pet health and wellness.
Key Developments:
In 2022, DSM and Firmenich entered into a business combination agreement (BCA) to create a leading partner in nutrition, beauty, and well-being, known as DSM-Firmenich. This collaboration aims to combine Firmenich’s prominent Perfumery and Taste businesses, its advanced scientific platforms, and co-creation capabilities with DSM’s exceptional Health and Nutrition portfolio and renowned scientific expertise.
In 2023, ADM announced its intention to acquire PT Trouw Nutrition Indonesia, enhancing its animal nutrition capabilities in the region. This acquisition will bolster ADM’s premix and feed additives and ingredients (FA&I) business while strategically positioning the company to meet the anticipated market growth and the increasing demand for protein.
Research Process:
Both primary and secondary data sources have been used in the global Animal Nutrition Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
List of the Key Players in the Animal Nutrition Market:
Cargill, Advanced Enzyme Technologies Limited, AGROVET Animal Healthcare, Archer Daniels Midland Company, BASF SE, Biovet, Bluestar Adisseo, Evonik Industries, AB Vista, Land O’Lakes.
Segment Covered in the Animal Nutrition Market:
By Animal Type: Poultry, Ruminant, Aquaculture, Swine, Others
By Ingredients: Amino Acids, Enzymes, Minerals, Lipids, Vitamins, Others
By End-User: Aquaculture, Pet Food Manufacturers, Animal Feed Manufacturers, Others
Regional Analysis:
The global Animal Nutrition Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Animal Nutrition Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter’s five force analysis. The Animal Nutrition Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Animal Nutrition manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Animal Nutrition in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
Q1) How Big is the Animal Nutrition Market?
A) Global Animal Nutrition Market reached US$ 23.12 billion in 2023 and is expected to reach US$ 39.13 billion by 2031, growing with a CAGR of 6.8% during the forecast period 2024-2031.
Q2) Who are the key players of Animal Nutrition Market?
A) Cargill, Advanced Enzyme Technologies Limited, AGROVET Animal Healthcare, Archer Daniels Midland Company, BASF SE, Biovet, Bluestar Adisseo, Evonik Industries, AB Vista, Land O’Lakes.
Q3) What are the regions covered in this report?
A) The global Animal Nutrition Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa
4) What are the Segments Coverd in this report?
A) The Animal Nutrition market is segmented as Animal Type, Ingredients, End-User
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