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:
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
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Value Chain Analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2019
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
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
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
PART 09: DECISION FRAMEWORKPART 10: DRIVERS AND 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
PART 13: VENDOR ANALYSIS
Market positioning of vendors
Archer Daniels Midland Co.
Charoen Pokphand Foods Plc
Evonik Industries AG
Guangdong Haid Group Co. Ltd.
Land O ‘Lakes, Inc.
New Hope Group Co. Ltd.
Perdue Farms, Inc.
PART 14: APPENDIX
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIOAbout Us
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200602005729/en/