![Global Animal Feed Market](https://res.cloudinary.com/devmoveo/image/upload/v1706020287/skyquest/report/phpZtvSxT.jpg)
Report ID: SQMIG30H2033
Report ID:
SQMIG30H2033 |
Region:
Global |
Published Date: July, 2024
Pages:
255
|
Tables:
99 |
Figures:
76
The Asia Pacific accounts for the largest share of the global animal feed market. Growing meat consumption and presence of a large livestock population in this region allows it to hold a dominant stance. Growing awareness regarding animal feed consumption and evolving consumer preferences are also estimated to boost sales of animal feed in this region. Surging demand for meat, fish, eggs, and dairy products in countries such as India, Japan, and China is also expected to create new opportunities for animal feed providers in the future.
Demand for animal feed in Europe is estimated to increase at a rapid pace over the coming years. Presence of multiple dairy product providers in this region coupled with stringent mandates for animal welfare are facilitating high demand for animal feed. France, Italy, and Germany are estimated to be the most opportune markets for animal feed providers in this region. Rising meat consumption and growing pet ownership will also favor animal feed demand in this region. However, growing popularity of veganism in Europe could hamper animal feed adoption to a certain extent in the future.
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Report ID: SQMIG30H2033