With the American and European regions, being at the forefront of this increasing awareness, key players will have to address their feed ingredients and supply preferences. The reduction of synthetic feed ingredients has significantly affected the feed ingredients market. This has created a prime opportunity for emerging players In feed ingredients market.
The preference of consumers towards products labeled as organic and non-GMO is evident. This trend is likely to control the feed ingredients market during the forecast period. Traction garnered by alternative feed ingredients such as agar agar has been apparent in the recent past.
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Feed Ingredients Classifying Factors
Feed ingredients are classified based on nutrient type, animal type, source, and form. On the basis of nutrient type, feed ingredients are segmented into energy sources, fat sources, protein sources, vitamin supplements, mineral supplements, and feed additives. Based on animal type, feed ingredients are classified into companion animals and productions animals.
Companion animals are further classified into dogs, cats, fish, and other pet animals. Production animals are classified into cattle, poultry, swine, and goat & sheep. The sources for feed ingredients are either plant-derived or animal-derived. The available forms of feed ingredients are whole, powder, pellets, and paste.
The global market for feed ingredients can be segmented into seven regions: North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
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Provided for Major Regions as Follows:-
North America (USA, Canada and Mexico)
Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, rest of countries, etc.)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria, and South Africa)
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Feed Ingredients Market: Key Players
Except for developed regions such as North America and Europe, the feed ingredients market is fragmented into multiple local players. The sourcing of special feed ingredients and additives can be tracked towards major imports or exports.
Key players in the feed ingredients market are ADM Alliance Nutrition, Perdue Farms, Feedex Companies, Cargill, Gavilon Agriculture Holdings, Co., CRS, Simmons Feed Ingredients, Inc, and Tate & Lyle, among others. These key players dominate the majority stake for specialty feed ingredients, given their high resource pool and finances.
Key Data Points Covered in the Report :-
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- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
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