Market Research Future (Food and Beverages) Animal Feed Market Forecast to 2027 Available
Animal Feed Industry trends and
forecast to 2027 published by Leading
Research Firm
Animal Feed Global Market – Overview
According to a recent study report published by the Market Research Future, the global market for Animal
Feed is progressing rapidly and is expected to witness a healthy upsurge growth in the recent future, in
terms of value and volume. Animal Feed will witness an exponential growth crossing its previous growth
records by 2027 with a striking CAGR during the forecast period (2016 – 2027).
The Global Animal Feed Market is predominantly driven by growing populace worldwide. The growing
population drives the demand for food in general and the demand for Food Animal such as Meat/Milk. In
order to supply this growing demand of food animal; operators of these animal take extreme care of their
cattle / poultry. Food being the prime factor in the care factors chain; Animal feed market grows
voluminously. Animal Feed if provided in optimum level gives good production of milk and meat. As a
result of this global demand of nutrition rice dairy cattle feed is increasing. Additionally, Cost of metabolic
diseases is increasing in Animal Feed (dairy cattle/ Goat/Swine etc.) which is one of the reason for driving
global demand of Animal Feed. Simultaneously, Demand for milk products such as milk chocolate, milk
powders, yogurts and others is growing its global market which in providing impetus to the Animal Feed
market consecutively, growing the Animal Feed market.
However Concerns have arisen about the content of these Animal Feeds, as grain-based diets can
produce serious and sometimes fatal digestive tract problems in food animals (animal products) such as
cows, goats, and sheep whose stomachs are best suited to digesting high-cellulose containing plants like
grass. In addition, recent studies have shown that chemical additives in feed may accumulate in animal
tissues, potentially exposing consumers to unwanted chemicals such as veterinary drug residues and
heavy metals. It is important to consider how livestock feed affects animal health, and by extension the
health of people who consume these animal products.
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Animal Feed Global Market – Competitive Analysis
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