Global Animal Feed Market Set for Strong Growth Through 2030

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The animal feed market is anticipated to grow from USD 597.25 billion in 2023 to USD 939.11 billion by 2033, with a 4.63% CAGR. The Asia Pacific region led the market with a 38% share in 2023.

United States of America [17-July-2025] – Market Report by The Insight Partners

The global animal feed market is forecasted to achieve significant growth, reaching an estimated USD XX billion by 2030, with a notable compound annual growth rate (CAGR) of XX%, according to a comprehensive report by The Insight Partners. This growth is primarily fueled by the rising global demand for animal protein, advancements in feed technology, and expansion in livestock farming.

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Increasing Demand for High-Quality and Sustainable Animal Feed

With the global population rising and dietary preferences shifting towards animal-derived protein, there is an increasing need for high-quality, nutritious, and sustainable animal feed products. Innovations in feed additives, enzymes, and probiotics are helping improve animal health and productivity while addressing environmental concerns.

Key factors driving the market include:

  • Growth in intensive livestock and poultry farming
  • Adoption of advanced feed formulations enhancing nutrition and feed efficiency
  • Rising awareness of feed safety and animal health
  • Supportive government regulations promoting sustainable and eco-friendly feed ingredients

Market Insights

  • Feed Types: Compound feed continues to dominate, supported by its balanced nutritional profile
  • Livestock Segments: Poultry feed holds the largest market share, followed by cattle, swine, and aquaculture
  • Regional Outlook: Asia-Pacific is the fastest-growing market due to increasing meat consumption and large livestock populations, while North America and Europe focus on regulatory compliance and innovation

Leading Industry Players

Key players advancing the animal feed market include:

  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Nutreco N.V.
  • DSM Animal Nutrition & Health
  • Evonik Industries AG
  • Alltech, Inc.

These companies emphasize research and development, product innovation, and sustainable practices to meet the evolving market demands.


About The Insight Partners

The Insight Partners is a global market research and advisory firm offering actionable intelligence and deep insights across various industries. Their animal feed market report delivers comprehensive analysis, forecasting, and competitive landscape information through 2031.

Media Contact:
The Insight Partners
sales@theinsightpartners.com
+1-646-491-9876
www.theinsightpartners.com

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