The global organic feed market size was USD 7.28 Billion in 2020 and is expected to register a CAGR of 7.1% during the forecast period. Increasing demand for organic food products, rapid adoption of organic farming practices, and focus on improving animal health and enhancing performance are key factors expected to drive market revenue growth over the forecast period.
Rapid economic growth in developing countries and availability of a variety of organic feed ingredients is expected to further drive growth of the market over the forecast period. In addition, increasing incidence of product contamination due to excessive use of pesticides and insecticides has boosted demand for more natural and nutritional ingredients in animal feeds, such as organic feed, and this is expected to contribute significantly to market revenue growth over the forecast period.
Organic feed need to be produced by methods that conform to standards of organic farming. Organic animal feeds contain a variety of ingredients and additives without herbicides and pesticides for diverse livestock such as swine, poultry, and others. Organic feed products are devoid of chemical preservatives, medication, hormones, additives, or animal byproducts. Rapid shift towards bio-based, natural, and more efficient approaches to increase global livestock production in accordance with consumer preference for sustainable and natural products is expected to boost use of organic feed and this is expected to drive growth of the market over the forecast period. Animal nutrition is a vital aspect as it largely influences feed efficiency, animal health, and sustainability. Organic feed is one of the most important components to ensure sufficient amount of animal protein is obtained. Organic feed comprises wheat, barley, soybean, corn, and rapeseed, and is free of antibiotics, chemicals, drugs, and growth hormones, among others. Organic feed is mainly designed to ensure maximum health and productivity of animals by maintaining low pH levels in rumen, improving digestion, and enhancing longevity in animals.
Increasing health concerns among meat consumers has been compelling livestock farmers to rapidly adopt organic farming practices and this is expected to boost demand for organic feed market and in turn drive revenue growth of the market. Increasing awareness about safe and nutritious food products in developing economies and rising investments by key market players to promote organic feed is expected to create more lucrative opportunities for players in the market going ahead. However, high costs of organic feed and limited supply of organic feed ingredients are some key factors expected to restrain market growth to a certain extent over the forecast period.
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Some Key Highlights From the Report:
- Cereals and grains segment is expected to register significant revenue growth over the forecast period owing to increasing production of high-yield crops such as wheat, barley, and corn across the globe. Organic feed majorly contains wheat, barley, and corn and this is expected to further contribute to revenue growth of this segment.
- Pellets segment is expected to account for a significant revenue share in the global market over the forecast period. Steady growth can be attributed to pellets form being the most widely preferred form of organic feed. This form is easy to feed animals with and is convenient to store.
- Poultry segment is expected to register significant revenue CAGR over the forecast period owing to increasing demand for organic meat and rising consumption of poultry meat worldwide. Increasing concerns surrounding animal health and productivity and rising awareness about benefits of organic feed in the poultry sector are factors expected to drive revenue growth of this segment.
- North America is expected to account for around 30% of revenue share in the global market over the forecast period owing to increasing availability of permitted food additives, increasing financial support from governments to farmers adopting organic farming practices, and robust presence of key market players in countries in the region.
- 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.
- In March 2021, Nature Bio Foods BV, which is a wholly owned subsidiary of Nature Bio Foods India and a global leader in production of organic food producer, unveiled its state-of-the-art organic food processing plant in the Netherlands. The state-of-the-art facility is a venture taken up by the company to provide organic food ingredients, which are sourced from organic farms in India and other Asian countries, to customers.
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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)
- Cereals & Grains
- Oilseeds
- Forage
- Others
Form Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Pellets
- Crumbles
- Mashes
Livestock Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Poultry
- Ruminants
- Swine
- Aquatic animals
- Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
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