Global Organic Feed Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
Organic Feed Market: Overview
The Organic Feed Market Report was valued at $24 million in 2020 & is projected to reach $34 million by 2030. It is expected to grow at a 5% CAGR between 2021 and 2030.
Organic animal feeds contain a range of feeds without any pesticides or herbicides for a variety of animals including poultry, swine, pet animals, etc. It is the cleanest animal feed available in the market and also referred to as the most expensive animal feed.
Increasing consumer demand for natural and organic foods and focusing on adopting several technologies to enhance animal performance via organic and natural solutions are giving new ways for the growth of the target market.
In addition, the growing production of high-quality meat, and improving the performance of the digestive system of animals are some key factors expected to drive the growth of the organic feed market.
Moreover, the rising preference of farmers for animal food with high nutrition and health for livestock along with rising animal health concerns are expected to support market growth over the forecast period.
Furthermore, increasing R&D activities, expenditure on the advertisement of organic feed product, focus towards innovation and investments at the mill level, along with partnering with relevant industries for addressing the rising requirement are expected to create new opportunities in terms of revenue to players operating in the global market over the forecast period.
A recent trend observed in the target market is manufacturers are focusing on vertical integration (contract farming).
According to the Organic Arable report published by Soil Association, in 2015, the UK imported close to 80% of its organic animal feedstuffs.
Global Organic Feed Market: Segment Analysis
Among the ingredient type segments, the grains & nuts segment is estimated to account for substantial revenue share in the global market.
Among the livestock species segments, the poultry segment is projected to account for a major revenue share and is estimated to maintain its dominance over the forecast period.
Among the distribution channel segments, the specialty stores segment is anticipated to hold considerable revenue share in the global market over the forecast period.
Global Organic Feed Market: Regional Analysis
The market in North America is estimated to account for the major share in terms of revenue as compared to other regions.
This can be attributed to the rising dependency on the U.S. organic feed market, the presence of established stakeholders, available & permitted organic feed ingredients, and positive government support to farmers transitioning from conventional to organic feed production in countries in the region.
In addition, increasing investments by major players and the government concerning animal welfare and pet health is projected to propel the growth of the target market over the next 10 years.
The market in the Asia Pacific is expected to account for the second-highest share in terms of revenue over the forecast period, owing to rapid economic growth in China, India, and Australia along with increasing demand for maximum organic food products such as meat and dairy in countries in the region.
Global Organic Feed Market Segmentation:
Segmentation by Ingredient Type:
- Grains & Nuts
Segmentation by Livestock Species:
Segmentation by Distribution Channel:
- Specialty Stores
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Cargill Inc.
- New Hope Liuhe Co., Ltd.
- Purina Animal Nutrition LLC
- Wen’s Food Group
- CPP China
- BRF S.A.
- Tyson Foods, Inc.
- East Hope Group Co Ltd
- Ja Zen-Noh Meat Foods Co., Ltd.
- Jiangxi Shuangbaotai Industry Co., Ltd.
- ForFarmers N.V.
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