Global Animal Feed Ingredient Market

Feed is food produced especially for cattle and poultry; it is often referred to as animal feed. In order to create extremely nutritious diets that both preserve the health of the animals and improve the quality of such byproducts as meat, milk, or eggs, modern feeds are made by carefully choosing and combining ingredients. Agricultural scientists' study, testing, and chemical analysis have led to continuous advances in animal feeds.

In general, animals need the same nutrients that people do. Certain feeds are grown expressly for animals, including some cereal grains, hay and silage crops, and pasture grasses. After a food crop is processed for human use, by-products including sugar beet pulp, brewers' grains, and pineapple bran are left over. These feeds are known as alternative feeds. Animals may also be fed excess food crops, such as roots, fruits, vegetables, wheat, and other cereals. The utmost care is given to the animals raised here because animal husbandry is a large industry. They must be maintained robust and healthy in order to guarantee that the greatest possible benefit may be obtained from them. Animal feeds, which generally refers to food given to the animals instead of what they forage on their own, are used to achieve this. Giving animals animal feed serves the dual function of making sure they are receiving the necessary nutrients that are missing from their natural diet. Typically, animal feed is separated into two categories: traditional sources and mixtures of additives and other raw materials.

Albrecht von Thaer, a German agriculturist, undoubtedly made the first attempt in science to compare feeds for animals in 1809 when he created "hay values," which are metrics for feeds' nutritional value. Following, tables detailing the value of feeds and animal requirements in Germany were adopted by other nations.

Key Players
 

• ADM (United States)
• Ashland (United States)
• BASF (Germany)
• Cargill (United States)
• DowDupont (United States)
• Iba Cosmetics (India)
• INGLOT Cosmetics (Poland)
• Kerry (Ireland)
• Koninklijke DSM N.V. (Netherlands)
• PHB Ethical Beauty Ltd (United Kingdom)
• PROLAB COSMETICS (Canada)
• Purecircle Limited (United States)
• SirehEmas Marketing Sdn Bhd (Malaysia)
• Solvay S.A. (Belgium)
• Symrise (Germany)
• TALENT COSMETICS (South Korea)
• Tuesday in Love (Canada)
• Wipro Unza Holdings Ltd. (Malaysia)

Segmentation
 

• By Type
  Traditional feed
  Compound feed
  Premixes
   
• By Nutrients
  Carbohydrates
  Protein
  Fat
  Minerals
  Vitamins

• By Source
  Synthetic
  Natural

Market Dynamics
Driver 
The demand for animal products is driven by the growing global population, which raises the requirement for components in animal feed. Ingredients in specialty feed work to improve animal health and, consequently, boost defenses against dangerous microbes. As a result, they help lessen the requirement for antibiotics in animals. In middle- and low-income nations, the livestock sector is one of the fastest-growing agricultural subsectors because to rising demand brought on by changing diets, population expansion, and rising incomes.
Proper diet often leads to better health in cattle, which raises production. More milk, meat, and eggs will be produced by well-fed, healthy livestock and fowl. Even though gross output numbers are the foundation of any agribusiness, yield quantity only tells half the picture. The demand for livestock products is rising significantly due to population growth, especially in developing nations. However, feed suppliers also have to deal with growing safety concerns, which are best exemplified by the crisis of mad cow disease, or bovine spongiform encephalopathy, which is linked to the feeding of meat and bone meal (MBM). Concerns over chemical contamination of feeds (like dioxin) and the usage of genetically engineered crops, such maize and soybeans, are other causes for worry. Attention is being drawn to the sources of feed protein and their compatibility, quality, and safety for future supply due to the significant and growing demand for animal protein. Customers in the market are calling for more guarantees regarding the safety of food and the processes used in its production along the entire integrated food chain. 

Restraints
The price volatility of feed components can be impacted by changes in agricultural commodity prices. One significant component of production costs is manufacturing costs. Power consumption, steam consumption, coal consumption, water consumption, material consumption, labor costs, equipment maintenance costs, and management costs make up the majority of it. Disease outbreaks in cattle can cause disruptions in the supply chains for feed ingredients, as animal feed serves as a medium for the transportation and spread of viral infections. 

Opportunity
Testing solutions that are accurate and quick should take into consideration the variations among ingredients as well as the various methods applied in raw material processing, equipment, and feed mills. Big data will be essential for modeling certain parts of the feed manufacturing process. It may also make it possible to create a model that integrates the properties of the diet's components, the recipe, and the processing environment, all while optimizing energy use, (physical) feed quality, and production rate. Therefore, using advanced data analytics, collaboration between knowledgeable data scientists, machine specialists, feed manufacturing technicians, and nutritionists is necessary for future process optimization. Finally, accredited credentials—possibly up to a diploma level—will be necessary for future feed technicians. Successful completion of the courses is required, as is familiarity with integrated process control systems and smart manufacturing. From the standpoint of the feed business, the degree to which personnel are trained and prepared will dictate their ability to successfully participate in the next development of an industrial feed mill.

Recent Industry Insight

• On May 2023, Evonik launches updated Biolys product for animal feeds
• On Mar 2023, Danisco Animal Nutrition & Health, a business unit of IFF, announced the launch of Axtra PRIME, an optimized enzyme blend designed to address key challenges in piglet production.
• On March 2021, FGV Launches Highly Nutritious Animal Feed Brand, ALMA
• On January 2023, BASF and Cargill further expand their partnership to offer high-performance enzyme solutions to animal protein producers in the United States
• On December 2021, BASF introduces Natupulse TS – an innovative feed enzyme to unlock valuable nutrients
• On September 2021, Scoular heralds major fishmeal expansion with launch of new brand
• On February 2021, InnovaFeed and Auchan launch of a responsible pork offering benefiting carbon footprint and animal welfare with insect oil
• On January 2023, Groundbreaking Collaboration Between Nutreco and BiomEdit Aims to Transform Feed Additives Through Microbiome Technology
• On March 2023, Trouw Nutrition launches an online service to calculate the environmental footprint of animal feed products

Recent Acquisition and Merger

• On  December 2022, Adisseo announces the signing of an agreement for the acquisition of Nor-Feed and positions itself on a new range of sustainable and natural specialty ingredients for Animal Nutrition
• On Dec. 2020, Adisseo announces the acquisition of Framelco Group

Key Target Audience

• End User
• Potential Investors
• New Entrants
• Innovation and R&D
• Suppliers and Manufacturers
• Others