The global animal feed market reached a value of US$ 448 Billion in 2020. Looking forward, IMARC group expects the market to grow at a CAGR of 3.5% during 2021-2026. With the escalating demand for all-natural food sources, major players operating in the industry are presently incorporating non-genetically modified organisms (non-GMO) crops in animal feed. Moreover, inflating income levels, increasing investments in extensive research and development (R&D), and the implementation of stringent government policies that promote the use of quality feed in the animal husbandry sector in india are offering lucrative growth opportunities to these players.
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Top Manufacturering Companies in the Animal Feed Industrt Worlwide:
Archer Daniels Midland Company
Headquarters: Illinois, United States
Archer Daniels Midland Company is the leading processor of corn, wheat, oilseeds, cocoa and other agricultural commodities. The company manufactures protein flour, meal, vegetable oil, corn sweeteners, biodiesel, ethanol, and other food and feed ingredients. Its primary segments include agricultural services, wild flavors and specialty ingredients products.
Headquarters: Minnesota, United States
Cargill, Incorporated primarily focuses on connecting markets, helping farmers prosper, and bringing innovative products for consumers. The company covers five global operations, including animal health and nutrition, protein and salt, agricultural supply chain, food ingredients and bio-industrial, and metals and shipping. It offers insights to its partners, transforms raw materials into finished goods and moves products worldwide. Its customers include food, beverage, industrial, pharmaceutical, and personal care product manufacturers and farmers and foodservice providers.
Charoen Pokphand Group Company Limited
Headquarters: Bangkok, Thailand
Charoen Pokphand Group Company Limited is a parent company of C.P. Group. The company holds shares of subsidiaries in Thailand and overseas that are categorized into eight business lines covering thirteen business groups. It has three core businesses in retail and distribution, agro- and food, and media and telecommunications industries.
DuPont de Nemours, Inc.
Headquarters: Delaware, United States
DuPont de Nemours, Inc. offers ingredients, solutions and technology-based materials in North America, Canada, Asia Pacific, Latin America, Europe, the Middle East, and the African region. The company's electronics and imaging segment is engaged in the supplying of materials to manufacture photovoltaics and solar cells; materials and printing systems to the advanced printing industry; and materials and solutions for the fabrication of semiconductors and integrated circuits.
Evonik Industries AG
Headquarters: Essen, Germany
Evonik Industries AG is a specialty chemicals firm that operates in four segments. These segments include nutrition and care, resource efficiency, performance materials and services. Amongst these, the services segment comprises site management, utilities and waste management, and technical, process technology, engineering and logistics.
ForFarmers N.V. primarily produces and supplies animal feed and related farm products. The company provides pesticides, fertilizers, seeds and feed for pigs, cattle, poultry, goats, and sheep. It serves farmers and livestock manufacturers throughout Europe.
Kemin Industries Inc.
Headquarters: United States
Kemin Industries Inc. is a company that manufactures specialty ingredients. The company mainly focuses on offering pet food and rendering technologies, human nutrition and health, crop technologies, food technologies, and animal health. Its products include feed preservatives, feed additives, and antioxidants.
Nutreco N.V (SHV Holdings)
Nutreco N.V. is one of the leading, vertically integrated feed and foods producers. The company is mainly organized under two primary business divisions. Nutreco Aquaculture is the largest aquaculture company that manufactures fish feeds. It also operates salmon under the Marine Harvest name in Norway, Chile, Canada, Scotland, and Australia. Its second primary business division is Nutreco Agriculture, which comprises breeding services and breeding stock production.
Perdue Farms Inc.
Headquarters: Maryland, United States
Perdue Farms Inc. is one of the biggest producers of chicken and turkey. The company owns live production and processing facilities in around fifteen US states. It sells chicken, turkey, and pork products to consumers and retail and foodservice customers. Besides this, it also sources, merchandises, and processes agricultural commodities, such as grains, soybean meal, blended feed ingredients, and animal nutrition for food and other uses.
Tyson Foods, Inc.
Headquarters: United States
Tyson Foods, Inc. focuses on the production, distribution, and marketing of chicken, pork, beef, and prepared foods. The products of the company are sold to national and regional grocery retailers, meat distributors, warehouse club stores, regional grocery wholesalers, military commissaries, and industrial food processing companies.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the indian animal feed market, which has enabled the clients to set up and expand their businesses successfully. Some of the company’s offerings include:
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