Rising Adoption of Protein-Rich Animal Nutrition is Driving the Expansion of the Market
Rising demand for animal meat and dairy products has been increased as a result of changing diets and rising incomes. There is a surge in livestock production due to high meat consumption, as it is a high source of protein and it is available at low costs and hence, this is driving the animal nutrition market. To improve the nutritional value of feed and have a good effect on animal healthcare, animal nutrition other than materials like grains, crops, silage, and residue is added to feed. As the health consciousness has been increased among the consumers, the food safety concerns has increased the demand for high-quality feed and animal nutrition to ensure meat safety. This increases the pressure of livestock breeders who are under a pressure because of the increasing demand for meat from animals and products which forces them to increase the productivity of the animals. As consumer knowledge of animal health issues is growing, the demand for animal nutrition is grown. Another factor driving the growth of the feed and animal nutrition market is the growing awareness among farm owners of the importance of maintaining a healthy animal-based diet.
Increased consumption of meat, dairy, and poultry products is growing the animal nutrition market value globally. Rising awareness in consumer regarding the benefits of using feed additives to reduce disease in the animals has fuelled the market's demand. The demand for animal meat and dairy products has increased, due to change in diet. The products from animal, such as milk, eggs, and meat have become more prevalent in recent years. Furthermore, the manufacturers have increased the investment in the feed sector during the anticipated time frame. Animal nutrition and feed are nutritious foods with high levels of proteins, minerals, and vitamins given to livestock, farm, and aquatic animals. The domestic animals primarily consume the feed in the form of fodder, hay, silage, pelleted feeds, oilseeds, sprouted grains, and forage, among other things. Animal nutrition and feed are an important component of animal rearing.
Increased consumption of meat, dairy, and poultry products is growing the animal nutrition market value globally. Rising awareness in consumer regarding the benefits of using feed additives to reduce disease in the animals has fuelled the market's demand. The demand for animal meat and dairy products has increased, due to change in diet. The products from animal, such as milk, eggs, and meat have become more prevalent in recent years. Furthermore, the manufacturers have increased the investment in the feed sector during the anticipated time frame. Animal nutrition and feed are nutritious foods with high levels of proteins, minerals, and vitamins given to livestock, farm, and aquatic animals. The domestic animals primarily consume the feed in the form of fodder, hay, silage, pelleted feeds, oilseeds, sprouted grains, and forage, among other things. Animal nutrition and feed are an important component of animal rearing.
Implementation of New Animal Rearing Practises and High Farming Standards are Driving the Market
The increasing consumption of meat across the globe is one of the key factors that motivate the growth of the animal nutrition market over a period. Growing consumer demand has driven the manufacturers to produce an increasing range of animal food product to meet a variety of needs and nutritional preferences. The animal-based products such as meat, poultry, fish, and seafood are regarded as the primary and excellent source of high-quality protein. The global animal nutrition market is divided into poultry, ruminant, aquaculture, swine, and others. Additionally, the increasing demand for organic meat from developed-country consumers as well as the implementation of new animal rearing practises and the maintenance of high farming standards has created a positive impact for the industry. The nutrients in animal feed are carbohydrates, proteins, fats, vitamins, minerals, and water ensure that animals receive the appropriate amounts for their physiological needs. Factors like age, breed, reproductive status, and environmental conditions are also considered while the nutrition plans are designed for animals. The livestock animals and farms handlers are nowadays more concerned about providing good quality and nutritious food to the animals to improve their overall health of the animals. The consumption of high nutritious food in adequate amounts improves the growth rate, productivity, and health status of the animals. The healthy animals secure profitable and sustainable livestock farm. Lack of nutritious food will affect the health of the animals, and they suffer from diseases such as brucellosis and toxoplasmosis can even lead to infertility, abortion, and weak offspring, thereby necessitating the increased intake of nutritious feed. By nature, animals accept a good quantity of extra antioxidants every day through their feed. And these antioxidants involve vitamins like vitamin C and vitamin E and minerals like selenium.
Recent Trends in the Animal Nutrition Industry:
- Natural supplements and additives in the animal feed.
- Plant-based protein sources to increase the protein of the animals.
- Use of sustainable ingredients in the feed.
- Reduced antibiotic usage and providing alternative health strategies to animals.
- Personalized nutrition solutions for animals.
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Health Hazards and Price Fluctuations in Raw Material are likely to be a Challenge for Market Growth
Consuming animal protein includes high fat, this might make potential health problems worse. This involves heart disease, blood pressure problems and even insulin resistance. This usually happens when animal proteins are taken in excess. The production of the uric acid is accelerated by animal proteins. Numerous animal proteins are more expensive to produce than plant proteins. One beef cow being raised for slaughter requires more than 5000 gallons of water and the amount of water needed is the same as for a year's worth of plant-based diets. Therefore, these problems are hampering the growth of the animal nutrition market. Another factor that acts as a key restrain for the animal nutrition market is change is raw material prices as there is a direct influence on the production costs and pricing strategies. Feed acids, antioxidants, and vitamins are obtained from natural sources such as seeds, tree bark, plant leaves, grains, soybean meal, and fishmeal are the essential components of animal feed. Thus, the price fluctuations influenced by various factors, including weather conditions, global supply-demand dynamics, and geopolitical tensions. The sudden change in price of raw materials can increase production costs for feed manufacturers and leads to reduced profit margins. Moreover, the unpredictability of raw material prices makes long-term planning and budgeting challenging for market players. Furthermore, change in government regulations in developed countries can affect for the growth of feed and animal nutrition. Less product awareness also acts as a restraint for further challenging growth.
New Product Launches and Corporate Recognitions Provide Traction to the Market Progress
In March 2024, EW Nutrition had launched its new product Axxess XY, in Victam at at the BITEC Exhibition Center in Bangkok the product is break down the soluble and insoluble fiber fraction from feed ingredients such as corn, wheat, grain by-products and oilseed cakes. Additionally, in June 2023, Evonik had launched updated Biolys product for animal feed, named as the new Biolys that allows the customers to meet their animals’ requirements for the essential amino acid L-lysine even more efficiently. Furthermore, in September 2023, Denkavit had launched its new product called Terragut. Treibacher Group and Denkavit Ingredients B.V., as part of Denkavit Group had signed an agreement for sales and distribution of Terragut to the feed industry in European core markets. Moreover, in November 2022, ADM had launched its new sweetening feed product for piglets, named as SUCRAM M’I Sweet and SUCRAM Specifeek designed to improve the palatability of feed for weanling pigs.
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Rising Awareness about Animal Nutrition is Driving the Demand for Market
Asia Pacific is accounted to the largest market share in the animal nutrition market globally as this region is the largest animal feed producer. China, Japan and India capture the largest market share due to increase in production. Thus, the high income associated with a fast-growing economy and increasing demand for meat, fish, and dairy products is leading to the rapid growth in the consumption of these products. The North America region is growing substantially, due to rising awareness about pet nutrition and rising growth of spending on healthy and nourishing food. In North America, the U.S. is the largest feed market with high demand for poultry and cattle. The highest meat production demands the large livestock production, which drives the growth of animal nutrition market. This growth is influenced by the increasing demand for sustainable animal feed in the region. Furthermore, this rising demand has resulted in increased revenue sales for insect feed market.
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The report provides a detailed overview of the animal nutrition market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for animal nutrition market has been offered for all regional market share, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the animal nutrition market. These Y-o-Y projections on regional and country-level markets brighten the political, economic and business environment outlook, which are anticipated to have a substantial impact on the growth of the animal nutrition market. Some key country and region included in the animal nutrition market report as follows:
| Regions | Countries |
|---|---|
| North America | United States, Canada |
| Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Central America Countries, Caribbean Countries, Rest of Latin America |
| Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Czech Republic, Rest of Europe |
| Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Singapore, Malaysia, Philippines, Vietnam, Thailand, Bangladesh, Rest of Asia Pacific |
| Middle East and Africa | GCC Countries, South Africa, Nigeria, Egypt, Turkey, Morocco, Ethiopia, Algeria, Israel, Iran, Iraq, Kenya, Rest of MEA |
Animal Nutrition Market Research Report Covers In-depth Analysis on:
- Animal nutrition market detailed segments and segment-wise market breakdown
- Animal nutrition market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in animal nutrition industry)
- Current, historical and forthcoming 10 years market valuation in terms of animal nutrition market size (US$ Mn), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Animal nutrition market demand analysis
- Animal nutrition market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in animal nutrition market
- Regulatory landscape by key regions and key countries
- Animal nutrition market sales and distribution strategies
- A comprehensive overview of parent market
- A detailed viewpoint on animal nutrition market forecast by countries
- Mergers and acquisitions in animal nutrition market
- Essential information to enhance market position
- Robust research methodology
- Frequently Asked Questions -
What factors are driving growth in the animal nutrition market?
Key factors driving growth include rising meat consumption, a focus on sustainable farming practices, and advancements in feed formulation technologies that improve animal health and productivity.
What trends should we expect in the animal nutrition market over the next decade?
Over the next decade, trends will likely include increased focus on natural ingredients, growth in organic and non-GMO feed products, and a shift towards personalized nutrition solutions for livestock.
How does the animal nutrition market differ across regions?
The animal nutrition market varies by region, influenced by local dietary preferences, livestock population and regulatory environments, with notable differences in demand patterns between developed and developing countries.
