The global organic feed market size is expected to reach USD 12.60 Billion by 2028 and register a CAGR of 7.1% over the forecast period, according to the latest report by Reports and Data. Increasing adoption of organic farming practices to cater to growing consumer concerns regarding animal health and contamination of products is a key factor driving market revenue growth. Increasing demand for organic food products, growing organic livestock farming, and increasing need to improve health and performance of livestock are some other key factors expected to drive revenue growth of market over the forecast period. Increasing availability of high-yielding crops such as wheat, barley, and corn across developing countries and increasing awareness about the benefits of organic feed for livestock are also expected to drive demand for organic feed over the forecast period.
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Organic feed is produced by methods that adhere to prerequisite standards of organic farming. Organic feed comprises variety of feeds without herbicides and pesticides and are developed for diverse livestock. These are devoid of chemical preservatives, growth hormones, medications, additives, or animal by-products. Organic feed is produced using wheat, barley, soybean, corn, and rapeseed. It is specifically designed to ensure maximum health and productivity of animals as it maintains optimum pH levels in rumen to improve digestion and enhance life quality of animals. Increasing shift towards more efficient bio-based and natural approaches to increase global livestock numbers to cater to growing consumer demand for more sustainable and organic products is expected to further fuel revenue growth of the market over the forecast period.
Increasing adoption of organic farming to cater to rising consumer demand for organic meat and meat products is expected to boost demand for organic feed going ahead. Increasing awareness about safe and nutritious organic food products in emerging economies is also expected to create major growth opportunities in the market over the forecast period. However, high costs of organic feed and lack of availability of permitted organic feed ingredients in the market are some key factors expected to restrain market growth to a certain extent over the forecast period.
Major companies operating in the market include Cargill, BernAqua, Country Heritage Feeds, ForFarmers, SunOpt, Ranch-Way Feeds, Aller Aqua, Purina Animal Nutrition LLC, Scratch and Peck Feeds, K-Much Feed Industry Co., Ltd., The Organic Feed Company, B&W Feeds, Feedex Companies, Country Junction feed, and Green Mountian Feeds, among others.
For the purpose of this report, Reports and Data has segmented the global organic feed market based on type, form, livestock, and region:
Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
Form Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
Livestock Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
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Some Key Highlights From the Report:
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Key points addressed in the report:
Table of Content:
1. Executive Summary
2. Market Introduction
3. Market Research Methodology
4. Market Landscape
…..
11. Company Profiles
11.1. Jones Feed Mills Ltd
11.1.1. Company Overview 11.1.2. Financial Updates 11.1.3. Product/Business Segment Overview 11.1.4. Strategies 11.1.5. Key Developments 11.1.6. SWOT Analysis
11.2. The Organic Feed Company
11.2.1. Company Overview 11.2.2. Financial Updates
11.2.3. Product/Business Segment Overview
Continued…
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