LONDON--(BUSINESS WIRE)--Technavio has been monitoring the animal feed market and it is poised to grow by USD 92.79 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Increasing number of product launches has been instrumental in driving the growth of the market. However, high price of non-GMO animal feed might hamper market growth. Request a free sample report
Animal Feed Market 2020-2024: Segmentation
Animal Feed Market is segmented as below:
Product
- Poultry
- Swine
- Ruminant
- Aquaculture
- Others
Geographic segmentation
- North America
- APAC
- Europe
- South America
- MEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40063
Animal Feed Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our animal feed market report covers the following areas:
- Animal Feed Market size
- Animal Feed Market trends
- Animal Feed Market industry analysis
This study identifies adoption of new technologies as one of the prime reasons driving the animal feed market growth during the next few years.
Animal Feed Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the animal feed market, including some of the vendors such as Archer Daniels Midland Co., Cargill Inc., Charoen Pokphand Foods Plc, Evonik Industries AG, ForFarmers NV, Guangdong Haid Group Co. Ltd., Land O'Lakes Inc., New Hope Group Co. Ltd., Nutreco NV and Perdue Farms Inc. Backed with competitive intelligence and benchmarking, our research reports on the animal feed market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Animal Feed Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist animal feed market growth during the next five years
- Estimation of the animal feed market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the animal feed market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of animal feed market vendors
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
