Increasing demand for organic food products, growing organic livestock farming are factors driving the global organic feed market in the forecast period 2024-2028.
As per the TechSci Research report titled “Global Organic Feed Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028,” the Global Organic Feed Market reached USD 7.3 billion in 2022 and is expected to grow at a CAGR of 7.41% in the forecast period, 2024-2028. The Organic Feed Market has become a dynamic and influential sector within the broader organic agriculture and animal husbandry landscape, driven by an increased focus on healthier and more sustainably produced food in response to shifting consumer preferences.
Recent years have seen robust growth in the Organic Feed Market, fueled by factors such as heightened consumer awareness, regulatory support, and an increasing emphasis on sustainable farming practices. The market size for organic feed has expanded steadily, aligning with the overall growth of the organic food industry.
Demand for organic feed transcends specific regions, having a global footprint. While developed economies like North America and Europe have traditionally been strongholds for organic products, emerging economies in Asia-Pacific and Latin America are now contributing significantly to market growth as consumer awareness and purchasing power rise in these regions. Key drivers include growing consumer awareness of health and environmental benefits, regulatory support, and certification programs promoting trust between consumers and producers.
Browse over 26 market data Figures spread through 181 Pages and an in-depth TOC on “Global Organic Feed Market”
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The Organic Feed Market is poised for continued growth, driven by consumer demand, regulatory support, and industry innovation. As consumers become more discerning about food origin and production methods, the demand for organic feed is expected to remain strong. The market offers opportunities for stakeholders to explore innovative solutions, enhance sustainability practices, and contribute to the broader goals of organic agriculture.
Opportunities for market growth extend to technological advancements, research and development initiatives, and strategic collaborations. Investments in precision farming technologies, research into organic feed solutions, and partnerships within the organic feed supply chain can address challenges and capitalize on emerging trends.
The Organic Feed Market holds a pivotal position in the broader landscape of organic agriculture. With consumer preferences shifting toward organic and sustainably produced food, the market presents opportunities for expansion, innovation, and the establishment of robust supply chains. Collaborative efforts and strategic interventions are crucial to ensuring the continued growth and sustainability of the Organic Feed Market.
The Global Organic Feed Market is segmented by type, form, distribution channel, regional distribution, and company. Cereals & grains are expected to dominate the market among types. North America is anticipated to hold the largest market share, driven by high demand for organic food products, particularly in the dairy, poultry, and meat categories.
Major companies operating in Global Organic Feed Market are:
- Cargill Inc.
- Perdue Farms Inc.
- Country Heritage Feeds
- Aller Aqua Group
- Feedex Companies
- Modesto Milling
- The Organic Feed Company
- Green Mountain Feeds
- Purina Animal Nutrition LLC
- Kreamer Feed Inc
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Mr. Karan Chechi, Research Director at TechSci Research, notes, “The Organic Feed Market is experiencing robust growth, driven by increasing consumer awareness, a shift towards sustainable and ethical farming practices, and regulatory support. This growth reflects a broader societal shift towards conscientious and environmentally friendly food choices, positioning the Organic Feed Market as a pivotal player in the sustainable agriculture landscape.”
“Organic Feed Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Cereals and Grains, Oilseeds, Forages, Fishmeal, Others), By Form (Pellets, Crumbs, Mashes, Others), By Distribution Channel (Direct, Indirect), By Region, By Competition, 2018-2028”, has evaluated the future growth potential of Global Organic Feed Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Organic Feed Market.
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