Market Overview
The animal feed market is predicted to register a CAGR of 4.50% during the 2019 to 2027 forecast period. The market report predicts a US$730 billion by 2027 value of the market by the end of 2027. The growth is anticipated to be supported by the presence of many untapped opportunities across the market. Based on the report, favorable policies across regional markets will drive growth in the market in the coming years till 2027.

However, unstable raw material prices will negatively affect the animal feed market’s growth. The weak supply chain is anticipated to be another factor which could turn out to be a threat to companies during 2021 to 2027. The market report based on primary and secondary data reveals that form and region segments will witness a healthy growth till 2027.

Competitive Landscape
Key players in the animal feed market include New Hope Group (China), NUTRECO N.V. (The Netherlands), Cargill, Inc. (U.S.), Land 'O Lakes Inc. (U.S.), Charoen Pokphand Group (Thailand), ForFarmers N.V. (The Netherlands), Japfa Comfeed Indonesia Tbk (Indonesia), COFCO Limited (Hong Kong), Neovia Group (France), and Archer Daniels Midland (ADM) Company (U.S.).

Market Segmentation
The animal feed market is categorized into smaller segments such as form and region in order to analyze the market. The form and region segments are then categorized further. The form segment is categorized into crumbles, mash, pellets, and others. Analysts have studied these sub segments. Based on species, the global animal feed market is further segmented into aqua, poultry, ruminants, swine, and others.

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Regional Analysis
The animal feed market, apart from the product and service related segments, is spread across the world. The regional markets of animal feed covered in the report are North America, Europe, Asia-Pacific, the Middle East and Africa as well as the rest of the world. The growing awareness is set to be a key growth factor for businesses active in the animal feed space.

The market across North America is segmented into the United States, Mexico, Canada, and others. Regional markets in the animal feed sector across the European market are segmented into Germany, Italy, the United Kingdom, and France. The market in the APAC region is segmented into India, China, Japan, and others. Animal feed based businesses across the world will be supported by the increasing awareness among consumers during the forecast period 2021 to 2027.

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