by The organic feed market is witnessing a CAGR of 8.7% over the forecast period 2024-2031. Organic feed refers to feed that is made without synthetic fertilizers, pesticides, growth hormones or antibiotics. Organic feed is seen as the healthier and more sustainable option for livestock as well as dairy and poultry producers. Made from organic ingredients certified by regulatory bodies, organic feed is gaining popularity among consumers looking for animal products free from chemicals and produced in an environment friendly way.
The Global Organic Feed Market is estimated to be valued at US$ 7.39 Bn in 2024 and is expected to exhibit a CAGR of 8.7% over the forecast period 2024-2031.
Key Takeaways
Key players operating in the organic feed market are Cargill, Archer Daniels Midland, For Farmers N.V., SunOpta, Country Heritage Feeds, Aller Aqua A/S, B&W Feeds, Country Junction Feeds, Agro Feed Ltd., Unique Organics, Hi Peak Feeds, Yorktown Organics, LLC, Land O’Lakes, Inc., Alltech Inc., and Purina Animal Nutrition LLC. Rising awareness about the health benefits of organic and chemical-free animal products is driving the demand for Organic Feed globally. Countries like the U.S., Germany, France and U.K. are witnessing growing demand for organic feed. Asia Pacific region is also emerging as a lucrative market for organic feed manufacturers with countries like India and China showing high adoption.
Growing consumer demand for naturally produced and chemical free dairy, meat and poultry products is fueling the organic feed market. Customers are willing to pay premium prices for animal products from livestock fed organic and GMO free feed without synthetic fertilizers, antibiotics or added hormones. Rising health consciousness and search for ethical and sustainable food choices is benefiting the organic feed industry.
Global expansion of leading organic feed producers through strategic partnerships, mergers and acquisitions will further support market growth over the forecast period. Players like Cargill and For Farmers are expanding their manufacturing and distribution footprint in key regions of Asia Pacific and Latin America to tap the growing demand for organic animal feed and products. Strict regulations around antibiotic use and emphasis on animal welfare practices in Europe and North America are also propelling the demand for organic alternatives in the livestock feed segment.
Market Key Trends
Rising adoption of organic and regenerative agricultural practices by livestock farms is a major trend in the organic feed market. Many dairy and poultry producers are transitioning to fully organic systems involving organic pastures and crops to feed their livestock without antibiotics, growth hormones or GMO ingredients. This is driving demand for organic feed products designed for different stages of an animal’s life cycle from baby calf milk replacers to layer and broiler feeds. Sustainability initiatives of feed manufacturers as well as farms to reduce their carbon footprint through organic sourcing of ingredients is another trend underway in the market.
Porter’s Analysis
Threat Of New Entrants: Organic feed production requires high capital investment for facilities and machinery. Regulatory approvals and certification process also acts as a barrier.
Bargaining Power Of Buyers: Large buyers like integrators have more bargaining power and can negotiate lower prices with suppliers. But growing demand and awareness boosts their need for certified organic feed products.
Bargaining Power Of Suppliers: Key suppliers include organic grain producers and millers. Growing organic agriculture provides alternatives but certification requirements keep suppliers’ power in check.
Threat Of New Substitutes: No direct substitute exists but non-GMO and pasture-raised options provide competition for organic meat and dairy producers.
Competitive Rivalry: The organic feed market is consolidated with top players occupying major share. Players compete on quality, innovation to meet regulations and attract more premium buyers in domestic and international markets.
Geographical Regions
North America dominates the global organic feed market in terms of value owing to strong consumer demand and wide acceptance of organic farming practices in the US and Canada. Europe is the second largest region driven by EU regulations supporting organic agriculture.
The Asia Pacific region is expected to witness the fastest growth during the forecast period with China and India emerging as high potential markets. Rising middle class, health and wellness trend and government push for sustainability is driving the adoption of organic farming and associated feed production in the region.
What Are The Key Data Covered In This Organic Feed Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Organic Feed’s growth between 2024 and 2031.
:- Accurate calculation of the size of the Organic Feed and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- Organic Feed Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market’s competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of Organic Feed vendors
FAQ’s
Q.1 What are the main factors influencing the Organic Feed?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Organic Feed companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Organic Feed’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
About Author - Ravina Pandya
Ravina Pandya,a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals. LinkedIn Profile
