DUBLIN–(BUSINESS WIRE)–The “2021 Animal Food Market – Size, Share, Competition and Forecasts to 2027” report has been added to ResearchAndMarkets.com’s offering.
The global Animal Food Market is estimated to generate revenue worth USD 578.2 in 2020, and is expected to grow at 3.44 CAGR during the forecast period of 2021 to 2027, and reach an expected market value of USD 732.7 in 2027.
This report provides comprehensive research with in-depth data and contemporary analysis of Animal Food Market at a global, regional and key country level, split by different sub-segments of the industry.
Animal Food Market is quickly reaching its pre-COVID levels and a healthy growth rate is expected over the forecast period driven by the V-shaped recovery in most of the developing nations.
Key strategies of companies operating in Animal Food Market Industry are identified as showcasing their contactless manufacturing and delivery methods, highlighting USP statements, focus on product packaging, and increased the presence of products on online platforms.
The food industry is set to experience a few changes in 2021 due to the increased consciousness of consumers in selecting food. This inclination towards sustainable, regenerative, plant-based food and demand for foods and beverages with immunity-boosting ingredients is driving the demand for these products and their constituents. Do It Yourself (DIY) trend has seen huge momentum during Corona times and is expected to continue in 2021.
Considering the rapidly changing market landscape, companies are changing their perspectives on expanding beyond traditional markets. In addition to focusing on widening applications, introducing new product portfolios, most food and beverage companies are planning to capture domestic and international markets.
Fast pace recovery of developing economies leading to increased disposable income will support the Animal Food Market demand between 2021 and 2027.
Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the supply chain posing challenges for manufactures in the Animal Food Market. Intense competition, pricing issues, and shifting consumer preferences will continue to put pressure on vendors’ profit margins.
Key Coverage of the Report
- Global Animal Food Market Industry size, 2020-2027
- Market trends, drivers, restraints, and opportunities
- Porter’s Five forces analysis
- Animal Food Market size across countries, 2020-2027
- 5 leading companies in the industry-overview, key strategies, financials, and products
- Latest market news and developments
- Archer Daniels Midland Co
- Cargill Inc.
- Charoen Pokphand Foods Plc.
- Evonik Industries AG
- For Farmers N.V.
- Guangdong Haid Group Co. Ltd.
- Land O’Lakes, Inc.
- New Hope Group Co. Ltd.
- Nutreco NV
- Perdue Farms, Inc.
Key Topics Covered:
1. Table of Contents
2. Animal Food Market Latest Trends, Drivers and Challenges, 2020 – 2027
2.1 Animal Food Market Overview
2.2 Post COVID Strategies of Leading Animal Food Companies
2.3 Animal Food Market Insights, 2021-2027
2.3.1 Leading Animal Food types, 2021-2027
2.3.2 Leading Animal Food End-User industries, 2021-2027
2.3.3 Fast-Growing countries for Animal Food sales, 2021-2027
2.4 Animal Food Market Drivers and Restraints
2.4.1 Animal Food Demand Drivers to 2027
2.4.2 Animal Food Challenges to 2027
2.5 Animal Food Market-Five Forces Analysis
2.5.1 Animal Food Industry Attractiveness Index, 2020
2.5.2 Threat of New Entrants
2.5.3 Bargaining Power of Suppliers
2.5.4 Bargaining Power of Buyers
2.5.5 Intensity of Competitive Rivalry
2.5.6 Threat of Substitutes
3. Global Animal Food Market Value, Market Share, and Forecast to 2027
3.1 Global Animal Food Market Overview, 2020
3.2 Global Animal Food Market Revenue and Forecast, 2021-2027 (US$ Million)
3.3 Global Animal Food Market Size and Share Outlook By Species, 2021-2027
3.3.4 Aquatic Animals
3.4 Global Animal Food Market Size and Share Outlook By Feed, 2021-2027
3.5 Global Animal Food Market Size and Share Outlook By Form, 2021-2027
4. Asia Pacific Animal Food Market Value, Market Share and Forecast to 2027
5. Europe Animal Food Market Value, Market Share, and Forecast to 2027
6. North America Animal Food Market Value, Market Share and Forecast to 2027
7. South and Central America Animal Food Market Value, Market Share and Forecast to 2027
8. Middle East Africa Animal Food Market Value, Market Share and Forecast to 2027
9. Animal Food Market Structure
9.1 Key Players
9.2 Animal Food Companies – Key Strategies and Financial Analysis
9.2.3 Business Description
9.2.4 Products and Services
9.2.5 Financial Analysis
10. Animal Food Industry Recent Developments
For more information about this report visit https://www.researchandmarkets.com/r/93p4s6