Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Organic feed provide livestock proper nutrient as they need for their proper growth. Organic feed is the best natural feed available for animal as it grown with no pesticide or herbicide. Farmers have trust on organic feed as this is without harmful chemicals, hormones that commonly observed on non-organic feed. Livestock need nutrients such as amino acids, carbohydrates, fatty acids, and vitamins in their daily diet. For preparation of organic feed different ingredients are used such as cereals & grains, oilseeds and forage this all come from organic farming.
Increasing farmer demand for natural and organic foods with the aim to enhance animal performance through organic and natural solutions. Organic farming concept rising in many countries, as these method is cost effective and protect soil from harmful additives. Several government are launching organic programs this factor drive growth for organic feed. Increasing consumption of meat products as source of protein is a key factor contributing to grow demand for organic feed market. Rising production of high-quality meat, and also improve livestock digestive system of animal also key factor to rise organic feed market. Organic feed are devoid of chemical preservative, additives and other animal byproducts this shift farmer preference toward organic feed market.
Covid19, has drastically affected the world supply chain and industrial sector growth. The shutdown of economic activities affected all the sectors. At the initial stages of the pandemic, the world experienced, ‘supply shocks’. China who plays a major role in the world’s supply chain was severely affected. China is major supplier of organic soybeans has caused impact on organic feed producer. Government has closed international importing activity to stop spread of virus this affect the animal feed supply chain. Shutdown is a reason to loss the demand for meat, dairy and anima products this impacting on feed market.
The report analyses the organic feed market based on type, form, additive, livestock and geography.
The organic feed market by type include cereals & grains and oilseeds. The cereals & grains segment is likely to be the fastest growing segment for global organic feed market. The benefits of feeding organic cereals and grains to livestock, to maintain their nutrient requirement and enhance livestock growth, and fulfill the rising demand for organic food. Cereals and grains include wheat, corn and barley. Cereal and grain are fed to animals as a source of energy as they contain high starch content. These are essential to our dietary needs, as well as for animal feeding and industrial processing. The energy value of grains varies widely with cereal species, cultivar and digestive anatomy of the animal.
Organic feed products are made accessible in the form of pellets, crumbles and mashes. Pellets segment is anticipated to be the fastest growing in organic feed market. The pellets are widely used in small- sized farms and some feed factories. The raw material for pellets are corn, wheat, soybean, cotton stalk, corn fiber, grass, maize straw, soybean meal. Pellets are used to balance the nutrition for grazing animals. Pellets are very nutritious and easy to store hence farmer prefer pellet as best feed for livestock.
Additive is an extra nutrient for livestock. The additives impact on feed presentation, hygiene, and digestibility. The various additives covered in the study are amino acids, enzymes, minerals, phytogenic, vitamins. Amino acids segment is projected to account for the largest share of the market. Addition of amino acids to feed reduces the feed costs and also improves feed efficiency. This helps to improve animal growth. Amino acids such as lysine, methionine, threonine, tryptophan and valine are commonly used for feed. Generally amino acids are deficient in natural feedstuffs to cover up this externally amino acid treatment is given.
Organic feed on the basis of livestock include, poultry, ruminants, swine, and aquatic animals. The poultry segment is estimated to hold largest share in organic feed market. Feed ration provides the level of nutrients appropriate to the type of bird, breed and age or development stage. Generally, organic corn and soybean are used in poultry which provide energy and protein. Increased awareness of organic feedstuff benefit and increased demand for animal health contributed to the growth of this market.
Geographically, the organic feed market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and the rest of the world regions which includes Latin America, and Middle East & Africa. Among these segment Asia Pacific holds the highest market share as the rising demand for organic food and availability of cereals and grains in the countries are boosting the growth for organic feed market. Due to increase in organic farmland practices in Europe and Asia Pacific owing to highest availability of cereals and grain crops in such regions.
Some of the major players operating in this market include, Cargill (US), BernAqua (Belgium), Country Heritage Feeds (Australia), ForFarmers (Netherlands), SunOpta (Canada), Ranch-Way Feeds (US), Aller Aqua (Denmark), Purina Animal Nutrition LLC (US), Scratch and Peck Feeds (US), Cargill (US), K-Much Feed Industry Co., Ltd (Thailand), The Organic Feed Company (UK), B&W Feeds (UK), Feedex Companies (US), Country Junction feed (US), Green Mountian Feeds (US), Unique Organic (US), Kreamer Feed (US), Yorktown Organics, LLC (US), and Hi Peak Feeds (UK).
The report analyses the organic feed market based on type, form, additive, livestock and geography. The organic feed market by type include cereals & grains and oilseeds. The cereals & grains segment is likely to be the fastest growing segment for global organic feed market. Organic feed products are made accessible in the form of pellets, crumbles and mashes. The various additives covered in the study are amino acids, enzymes, minerals, phytogenic, vitamins. Organic feed on the basis of livestock include, poultry, ruminants, swine, and aquatic animals. Geographically, the organic feed market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and the rest of the world regions which includes Latin America, and Middle East & Africa.
Some of the major players operating in this market include, Cargill (US), BernAqua (Belgium), Country Heritage Feeds (Australia), ForFarmers (Netherlands), SunOpta (Canada), Ranch-Way Feeds (US), Aller Aqua (Denmark), Purina Animal Nutrition LLC (US), Scratch and Peck Feeds (US), Cargill (US), K-Much Feed Industry Co., Ltd (Thailand), The Organic Feed Company (UK), B&W Feeds (UK), Feedex Companies (US), Country Junction feed (US), Green Mountian Feeds (US), Unique Organic (US), Kreamer Feed (US), Yorktown Organics, LLC (US), and Hi Peak Feeds (UK).
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