Over the years, it has been noted that demand for better quantity and variety of organic feed across the meat and dairy industry has gained prominence. This advancement is majorly driven due to the budding affluent population at the global level. In order to learn about the exact market scenario prevailing in the organic feed market, Fact.MR has published a research study which highlights all the major factors that pull out details such as market size, growth and future projections. This report is titled “Organic Feed Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2018 to 2028”, which talks about the prime market regions coupled with data focused at leading players operating in the global organic feed market.
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According to research findings, the global organic feed market is expected to register an impressive growth at 7.1% CAGR during the forecast period 2018-2028. It should be noted that organic feed market players are set to experience promising growth prospects in the future as a result of improved food security and nutrition coupled with environmental sustainability schemes. The research report includes the executive summary which comprises of market overview and opportunity assessment. Further, readers can receive knowledge about market taxonomy and segments, so as to get familiar about the exact status of the global organic feed market. In the later section of the report, information associated to market dynamics is also present which analyses the overall impact dropped by the prominent drivers, restraints and trends prevailing in the global market for organic feed.
The consumer demand for organic & natural foods is rising steadily, and that is why several technologies are being implemented by organic feed producers with an aim to enhance the animal performance through organic as well as natural solutions. Also, a large number of initiatives and programs concerning animal welfare & pet health have rationalized consumers to make a cautious choice whenever they are purchasing pet food or animal feed. As per statistics, there is a rise in the count of consumers who are now favoring healthy and organic animal feed as compared to chemical ingredients-based equivalents.
The later section of the report discusses the market segmentation based on end use application, form type, sales channel and region. Each of these segments are examined in terms of revenue (US$ Mn) and volume (MT), market share comparison, market attractiveness analysis, absolute $ opportunity and Y-o-Y growth. The major regions studied in the report are North America, Latin America, CIS & Russia, Europe, Japan, APEJ and MEA. The regional revenue share is likely to combine and deliver a higher value during the forecast period, as future growth prospects suggest a sales rise till US$ 36,000 Mn by 2028-end.
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Finally, the research report delivers insight about the competitive landscape that includes all the major players from the global organic feed market. This section includes the competition dashboard followed by company profiles of manufacturers like Cargill Incorporated., Land O’Lakes, Inc, SunOpt. Inc., ForFarmers NV and many more.
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