Owing to the growing concerns about animal nutrition, theanimal feedindustry has grown tremendously over the years. As different animal types have different nutritional needs, feeds often differ from one another. Nutritional feedstuff is one of the most important aspects for an animals overall health. As a result, the global feed technology market is expected to grow at a rapid pace during the forecast period of 2022-2039.
Data Bridge Market Research analyses that the feed technology market which was valued at USD 1.80 billion and is expected to reach the value of USD 2.13 billion by 2029 growing at a CAGR of 9.40% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Some of the major players operating in the feed technology market are:
- Rahr Corporation (U.S.)
- Lipoid Kosmetic AG (Germany)
- The Herbarie at Stoney Hill Farm, Inc.(U.S)
- Rutland Biodynamics Ltd. (Scotland)
- Prakruti Products Pvt. Ltd (India)
- AmbePhytoextractsPvt. Ltd. (Austria)
- Umalaxmi Organics Pvt. Ltd. (India)
- PrairiE Systems (U.S.)
- AFOS (U.S.)
- Cultura Technologies (Georgia)
- GlobalVet LINK (FeedLINK) (U.S.)
- Easy Automation, Inc. (U.S.)
- Landmark feeds, Inc. (Canada)
- Supervisor Systems (U.S.)
- Cargill Incorporated (U.S.)
- MTech-Systems (Georgia)
- Feedlogic Corporation (U.S.)
Global Feed Technology Market Scope
The feed technology market is segmented on the basis of ingredients and additives, processing method and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Ingredients and additives
- Amino Acids
- Phosphates
- Vitamins and Minerals
- Phytogenics
- Probiotics
- Commodity Ingredients
- Others
Processing method
- Physical Method
- Chemical Method
- Biological Method
Application
- Poultry
- Swine
- Agriculture
Distribution channel
- Direct
- Indirect
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Feed Technology Market Regional Analysis/Insights
The feed technology market is analysed and market size insights and trends are provided by country, ingredients and additives, processing method and application as referenced above.
The countries covered in the feed technology market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America contributed the most to the feed technology market due to recent advances in protein engineering in the biotechnology sector. Due to the introduction of new enzymes used in the treatment of various chronic diseases and an increase in the number of development strategies implemented in this region by key players.
Asia-Pacific is widely recognized as the highest growing region in terms of feed technology market share. Dairy products have gained traction in Asian countries as a result of increased demand from vegan consumers. Some key macroeconomic factors, such as an increase in social media usage and an increase in per-capita income, also contribute significantly to the overall growth of the cattle feed market.
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