About Organic Feed
Organic feeds are feeds with no pesticides or herbicides applied to the rain crops. These feeds provide animals with necessary nutrients without all the harmful chemicals, hormones, and fillers commonly found in non-organic feed. It is the cleanest animal feed provides to livestock animals. The increasing global livestock production with growing consumer preferences for more sustainable and ‘natural’ products will raise the demand for organic feed in these livestock animals. The use of chemicals in producing animal feed has resulted in various animal health issues that make them non-consumable as meat. The Demand for a greater quantity and variety of organic feed in the meat and dairy industry has increased in the last several years. Although these feeds are costlier they do not have any poison residues and are safe to consume by animals.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.21% |
The organic feed industry is expected to remain innovation-led with frequent acquisitions and strategic alliances adopted by the key [layer by the players to increase their market presence. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cargill (United States), BernAqua (Belgium), Country Heritage Feeds (Australia), ForFarmers (Netherlands), SunOpta (Canada), Ranch-Way Feeds (United States), Aller Aqua (Denmark), Purina Animal Nutrition LLC (United States), Scratch and Peck Feeds (United States) and Hi Peak Feeds (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Country Heritage Feeds (Australia), Feedex Companies (United States), Country Junction Feeds (Canada), Green Mountain Feeds (United States) and Kreamer Feed, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Organic Feed market by Type (Cereals & Grains {Wheat, Maize, Barley}, Oilseeds {Soybean, Rapeseeds, Others} and Other), Application (Poultry, Ruminants, Swine, Aquatic and Others) and Region.
On the basis of geography, the market of Organic Feed has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Additives, the sub-segment i.e. Minerals will boost the Organic Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Pellets will boost the Organic Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Booming Trend For Organic Products
Market Growth Drivers:
Increasing Occurrences Of Contamination In Animal Products Due To Use Of Pesticides And Insecticides In Feeds and Growing Demand For Organic Food In Livestock Industry
Challenges:
Limited Supply Of Organic Feed Ingredients
Restraints:
High Cost Of Organic Feed
Opportunities:
Increasing Food Scandals As Well As Rising Middle-Class Population Opting For Safe Food Products and Growth In Organic Farmlands
In October 2021, Bell & Evans, a family-owned poultry producer signed a long-term sourcing agreement with Cargill to exclusively secure its organic grain and increase domestic organic grain supply.
The United States Department of Agriculture (USDA) has restricted the use of antibiotics in livestock production. As per World Health Organization (WHO) farmers need to stop using antibiotics routinely in animal feed.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Organic Feed Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.