Organic Feed - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Organic Feed Market is accounted for $6.37 billion in 2018 and is expected to reach $13.60 billion by 2027 growing at a CAGR of 8.8% during the forecast period. Increasing requirement for organic food, expanding organic livestock farming, and growing concern for feed safety are the major factors driving the market growth. However, high cost of organic feed is restraining the market growth.
Organic feed is a category of feed that is produced by methods following the standards of organic farming. Every organic ingredients and products should be manufactured according to the guidelines stated by the authorities. Organic feed products should not contain any kind of medications, animal by product and chemical preservatives.
Based on livestock, the poultry segment is likely to have a huge demand during the forecast period. Poultry meat is consumed across the globe, and it is not associated with any religious constraints. The growing concerns about animal health and the rising consciousness pertaining to the benefits of organic feed have propelled the growth of this market. By geography, Asia Pacific is going to have a lucrative growth during the forecast period as it is the largest producer and end user of organic feed. China is one of the major markets for organic feed at the global level.
Some of the key players profiled in the Organic Feed Market include Cargill, Country Heritage Feeds, Aller Aqua Group, The Organic Feed Company, Purina Animal Nutrition LLC, Feedex Companies, Bern Aqua Nv, Sunopta, Green Mountain Feeds, B&W Feeds , Forfarmers N.V., Country Junction Feeds, Unique Organics, Scratch and Peck Feeds, K-Much Feed Industry Co Ltd, HI Peak Feeds, and Ranch-Way Feeds.
• Amino Acids
• Aquatic Animals
• Cereals & Grains
• Other Types
Distribution Channels Covered:
• Business to Business
• Business to Customer
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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