Animal Feed Industry Set to Witness Remarkable Growth in 2023-2030
Animal Feed Industry | Forecast 2030 The economic value generated by the animal feed industry was estimated at approximately USD 570.72 billion in 2022. This economic output is an amalgamation of basic animal feed categories namely, poultry feed, cattle feed, swine feed, aquafeed, and pet food. The global animal feed market has witnessed remarkable growth in the recent past due to increasing demand for quality meat and meat by-products. The outbreak of various diseases in livestock has increased concerns regarding the quality and safety of meat, which, in turn, is expected to boost the usage of animal feed. In addition, the rising consumption of processed aqua, dairy, and poultry products globally is likely to boost the market growth of animal feed. Access the Global Animal Feed Industry Data Book, 2023 to 2030 , compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses...