Animal Feed Market Set for Remarkable Growth by 2030

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The animal feed market is projected to grow from USD 570.72 billion in 2022 to USD 816.78 billion by 2030, at a 4.6% CAGR. The Asia Pacific region dominated the market with a 37.6% share in 2022.

United States of America [17-July-2025] – Insights from The Insight Partners

The global animal feed market is projected to experience significant growth, expected to reach USD XX billion by 2030, growing at a robust compound annual growth rate (CAGR) of XX%, according to a new report by The Insight Partners. Increasing demand for meat, dairy, and poultry products, along with advancements in feed technology, is driving the surge in animal feed consumption worldwide.

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Rising Livestock Production and Innovation in Feed Formulations

As the global population continues to grow and dietary habits shift towards higher animal protein intake, livestock farming is expanding rapidly. The need for nutritious, cost-effective, and sustainable feed solutions has never been greater. Feed manufacturers are leveraging new additives, enzymes, and probiotics to boost animal health, optimize feed efficiency, and minimize environmental impact.

Key Market Drivers

  • Increasing intensive livestock farming and poultry production
  • Technological advancements in feed additives and nutrient-rich formulations
  • Enhanced focus on animal welfare and feed safety standards
  • Government initiatives promoting sustainable feed ingredients and practices

Market Overview

  • Feed Types: Compound feed remains the most widely used feed type due to its balanced nutrition profile
  • Livestock Segments: Poultry feed dominates the market, followed by cattle, swine, and aquaculture feed
  • Regional Trends: Asia-Pacific leads market growth owing to large livestock populations and rising meat consumption; Europe and North America focus on innovation and regulatory compliance

Leading Market Players

Major companies contributing to the growth of the animal feed market include:

  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Nutreco N.V.
  • DSM Animal Nutrition & Health
  • Evonik Industries AG
  • Alltech, Inc.

These companies continue to invest in research and development to introduce innovative and sustainable feed solutions.


About The Insight Partners

The Insight Partners is a global market research and advisory firm offering actionable intelligence and deep insights across various industries. Their animal feed market report delivers comprehensive analysis, forecasting, and competitive landscape information through 2031.

Media Contact:
The Insight Partners
sales@theinsightpartners.com
+1-646-491-9876
www.theinsightpartners.com

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