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0:30 | 03.06.2020
Animal Feed Market 2020-2024 | Increasing Number of Product Launches to Boost Growth | Technavio

Technavio has been monitoring the animal feed market and it is poised to grow by USD 92.79 billion during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200602005729/en/Technavio has announced its latest market research report titled Global Animal Feed Market 2020-2024 (Graphic: Business Wire)Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Archer Daniels Midland Co., Cargill Inc., Charoen Pokphand Foods Plc, Evonik Industries AG, ForFarmers NV, Guangdong Haid Group Co. Ltd., Land O ‘Lakes Inc., New Hope Group Co. Ltd., Nutreco NV, and Perdue Farms Inc. are some of the major market participants. Although the increasing number of product launches will offer immense growth opportunities, the high price of non-GMO animal feed will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The increasing number of product launches has been instrumental in driving the growth of the market. However, the high price of non-GMO animal feed might hamper the market growth.
Animal Feed Market 2020-2024: Segmentation
Animal Feed Market is segmented as below:

Product

Poultry

Swine

Ruminant

Aquaculture

Others

Geographic Landscape

APAC

Europe

MEA

North America

South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40063Animal Feed Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our animal feed market report covers the following areas:

Animal Feed Market size

Animal Feed Market trends

Animal Feed Market industry analysis

This study identifies the adoption of new technologies as one of the prime reasons driving the animal feed market growth during the next few years.
Animal Feed Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Animal Feed Market, including some of the vendors such as Archer Daniels Midland Co., Cargill Inc., Charoen Pokphand Foods Plc, Evonik Industries AG, ForFarmers NV, Guangdong Haid Group Co. Ltd., Land O ‘Lakes Inc., New Hope Group Co. Ltd., Nutreco NV, and Perdue Farms Inc. Backed with competitive intelligence and benchmarking, our research reports on the Animal Feed Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Register for a free trial today and gain instant access to 17,000+ market research reports.Technavio’s SUBSCRIPTION platformAnimal Feed Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024

Detailed information on factors that will assist animal feed market growth during the next five years

Estimation of the animal feed market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the animal feed market

Analysis of the market’s competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of animal feed market vendors
Table Of Contents:PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORT
2.1 Preface

2.2 Preface

2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem

Market characteristics

Value Chain Analysis

Market segmentation analysis
PART 04: MARKET SIZING
Market definition

Market sizing 2019

Market Outlook

Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product

Comparison by product

Poultry – Market size and forecast 2019-2024

Swine – Market size and forecast 2019-2024

Ruminant – Market size and forecast 2019-2024

Aquaculture – Market size and forecast 2019-2024

Others – Market size and forecast 2019-2024

Market opportunity by product
PART 07: CUSTOMER LANDSCAPEPART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation

Geographic comparison

APAC – Market size and forecast 2019-2024

Europe – Market size and forecast 2019-2024

North America – Market size and forecast 2019-2024

South America – Market size and forecast 2019-2024

MEA – Market size and forecast 2019-2024

Key leading countries

Market opportunity
PART 09: DECISION FRAMEWORKPART 10: DRIVERS AND CHALLENGES
Market drivers

Market challenges
PART 11: MARKET TRENDS
Entry of new players into the market

Adoption of new technologies

Increasing demand for meat and poultry
PART 12: VENDOR LANDSCAPE
Overview

Landscape disruption

Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered

Vendor classification

Market positioning of vendors

Archer Daniels Midland Co.

Cargill Inc.

Charoen Pokphand Foods Plc

Evonik Industries AG

ForFarmers NV

Guangdong Haid Group Co. Ltd.

Land O ‘Lakes, Inc.

New Hope Group Co. Ltd.

Nutreco NV

Perdue Farms, Inc.
PART 14: APPENDIX
Research methodology

List of abbreviations

Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIOAbout Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200602005729/en/


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