Global Organic Feed Market Size, Share, and COVID-19 Impact Analysis, By Source (Cereals & Grains, and Oilseeds), By Form (Pellets, Crumbles, and Mashes), By Livestock (Poultry, Ruminants, Swine, and Aquatic Animals), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: AgricultureGlobal Organic Feed Market Insights Forecasts to 2033
- The Global Organic Feed Market Size was Valued at USD 7.8 Billion in 2023
- The Market Size is Growing at a CAGR of 7.71% from 2023 to 2033
- The Worldwide Organic Feed Market Size is Expected to Reach USD 16.4 Billion by 2033
- North America is Expected to Grow the fastest during the forecast period.
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The Global Organic Feed Market Size is Anticipated to Exceed USD 16.4 Billion by 2033, Growing at a CAGR of 7.71% from 2023 to 2033.
Market Overview
Organic feed is food or forage for cattle, goats, chickens, pigs, and other livestock that contains certified organic components. Ingredients include wheat, barley, soybeans, corn, and crops cultivated without applying fertilizers or chemical pesticides, making the crop organic. Organic feed is available in various forms, including crumbles, mashes, and pelleted feeds, and is widely sought after by livestock owners who produce organic milk and meat. Organic feed is in great demand since it is free of antibiotics, medicines, pesticides, and growth steroids, which promote healthy animal growth and digestion, increase cattle longevity, and preserve rumen pH. The main difference between free-range and organic meat is that animals are typically raised in restricted environments and fed non-organic, premixed feed. These animals are given antibiotics to avoid disease and growth hormone injections to gain weight. Birds fed organic feed lay eggs that are bigger in weight, have a superior texture and flavor, and are healthier to ingest. Organic meat has less fat than non-organic meats. Consequently, the meat is leaner and easier to cook. Consumers choose organic beef due to it has more protein, healthy fats, omega-3 fatty acids, and vitamin A.
Report Coverage
This research report categorizes the market for the organic feed market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the organic feed market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the organic feed market.
Global Organic Feed Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 7.8 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 7.71% |
2033 Value Projection: | USD 16.4 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 212 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Source, By Form, By Livestock, By Region |
Companies covered:: | Cargill, BernAqua, Country Heritage Feeds, ForFarmers, SunOpta, Ranch-Way Feeds, Aller Aqua, Purina Animal Nutrition LLC, Scratch and Peck Feeds, K-Much Feed Industry Co., Ltd, The Organic Feed Company, B&W Feeds, Feedex Companies, Country Junction feeds, and Others Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The market share has shifted drastically due to rising demand for organic feed. Recently, many people have developed a preference for organic products. Due to the feed containing no pesticides or hormones, the growth of the organic sector may be unaffected. Another objective for food manufacturers is to introduce organic products such as milk, ghee, cheese, and butter, which are produced by cattle-fed organic feed. One of the most important elements driving market demand for organic feed is the increased use of organic feed in animal production. The government's initiatives to spread awareness are the second most important element fueling the growth of organic feed. Customers have helped to improve the market outlook for organic feed in Asia-Pacific. The government is also promoting public awareness about the dangers of feed additives. As a result, most people prefer organic feed to chemical-based feeds. Additionally, animals fed organic feed have been observed to exhibit greater immune reactivity and comparatively stronger growth, which has increased consumer interest in organic feed.
Restraining Factors
The high cost of organic animal feed, which can be 40-100% higher than ordinary feed, is a significant barrier to wider adoption. Organic grains, oilseeds, and pasture sourced from farms with organic certification tend to be significantly more expensive due to lower yields and greater production expenses. Due to there being no artificial preservatives in organic feed, its shelf life is typically lower than that of conventional feed. Feeds are more susceptible to quality degradation due to oxidation, microbial development, and other factors that can impact palatability, nutrition content, and safety. Lack of clarity discourages potential newcomers who are unaware of the acceptable organic ingredients. Regulations that are clear and unambiguously stated will provide the market for organic feed a significant boost.
Market Segmentation
The organic feed market share is classified into source, form, and livestock.
- The cereal & grains segment is expected to dominate the organic feed market during the forecast period.
Based on the source, the organic feed market is divided into cereals & grains, and oilseeds. Among these, the cereal & grains segment is expected to dominate the organic feed market during the forecast period. Different cereals and grains, including wheat, corn, and barley, are easily accessible in the marketplace. The increasing need for organic feed will drive sales as consumers become more aware of the health advantages of feeding organic cereals and grains to livestock.
- The pellets segment accounted for the largest revenue share of the organic feed market during the forecast period.
Based on the form, the organic feed market is divided into pellets, crumbles, and mashes. Among these, the pellets segment accounted for the largest revenue share of the organic feed market during the forecast period. Improve poultry and livestock palatability, boost consumption of feed due to a high density of pellet feed, volume reduction, and significant nutrient quantity, resulting in elevated animal feed consumption. Due to their effective feeding and storage quality, pellets also minimize feed wastage.
- The poultry segment is expected to dominate the organic feed market during the forecast period.
Based on the livestock, the organic feed market is divided into poultry, ruminants, swine, and aquatic animals. Among these, the poultry segment is expected to dominate the organic feed market during the forecast period. Poultry meat is consumed across areas and, unlike beef and pork, is not subject to religious restrictions. The growing concern about animal health, as well as a greater understanding of the benefits of organic feed feedstuffs, have all contributed to the expansion of this market. Due to the development in organic poultry production and demand for organic meat, meat manufacturers have made investments in organic livestock rearing for the manufacture of meat, dairy, and other animal byproducts.
Regional Segment Analysis of the Organic Feed Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific is anticipated to hold the largest share of the organic feed market over the predicted timeframe.
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Asia Pacific is anticipated to hold the largest share of the organic feed market over the predicted timeframe. Due to the existence of large-scale animal production, such as swine, poultry, and cattle. Many farmers use organic farming to meet the demand for organic products due to its nutritional value and health benefits. The abundant availability of grains allows manufacturers to employ more natural components in animal feed, which improves meat quality. It is the world's greatest producer and consumer of feed, with China making the largest contribution. The Asia-Pacific organic feed market is predicted to rise due to the rising adoption of organic agricultural practices and awareness among livestock farmers. The growing demand, especially from the meat and dairy industries, for organic food products is having a favorable effect on the production of organic cattle. As a result, demand for organic feed products will gradually increase over the course of the projection year.
North America is expected to grow at the fastest pace in the organic feed market during the forecast period. The North American market for organic feed is expected to be the most important due to the significant effect of the milling and pet food manufacturing industries, as well as consumer health concerns. Increased availability of authorized food additives, a strong presence of major stakeholders, and increased government assistance for farmers implementing organic farming practices. Similarly, the region's increasing per capita meat consumption and stringent meat quality rules would help the market grow. North America is also the largest market for organic food, accounting for about half of the global retail sales of organic food; the United States accounts for the majority of this share.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the organic feed market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Cargill
- BernAqua
- Country Heritage Feeds
- ForFarmers
- SunOpta
- Ranch-Way Feeds
- Aller Aqua
- Purina Animal Nutrition LLC
- Scratch and Peck Feeds
- K-Much Feed Industry Co., Ltd
- The Organic Feed Company
- B&W Feeds
- Feedex Companies
- Country Junction feeds
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In February 2021, Kemin Industries, a manufacturer of chemicals for aquaculture, animal, human, and pet food, among other uses, expanded the reach of its Chromium product range with the launch of KemTRACE Chromium-OR.
- In October 2021, Cargill introduced essential oil-based chicken feed to improve flock health and increase output. Cargill's Natrena Naturewise poultry feed now includes essential oils to address this demand.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the organic feed market based on the below-mentioned segments:
Global Organic Feed Market, By Source
- Cereals & Grains
- Oilseeds
Global Organic Feed Market, By Form
- Pellets
- Crumbles
- Mashes
Global Organic Feed Market, By Livestock
- Poultry
- Ruminants
- Swine
- Aquatic Animals
Global Organic Feed Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1.Which are the key companies that are currently operating within the market?Cargill, BernAqua, Country Heritage Feeds, ForFarmers, SunOpta, Ranch-Way Feeds, Aller Aqua, Purina Animal Nutrition LLC, Scratch and Peck Feeds, K-Much Feed Industry Co., Ltd, The Organic Feed Company, B&W Feeds, Feedex Companies, Country Junction feeds, and others.
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2.What is the size of the global organic feed market?The Global Organic Feed Market Size is Expected to Grow from USD 7.8 Billion in 2023 to USD 16.4 Billion by 2033, at a CAGR of 7.71% during the forecast period 2023-2033.
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3.Which region is holding the largest share of the market?Asia Pacific is anticipated to hold the largest share of the global organic feed market over the predicted timeframe.
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