Organic Feed Market Analysis and Global Forecast 2023-2033

Organic Feed Market Overview

Organic Feed Market Size is expected to reach USD 14.65 Billion by 2033. The Organic Feed industry size accounted for USD 7.12 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 8.74% from 2023 to 2033. Organic Feed Market refers to the market for organic feed products used in the farming of livestock, poultry, and aquatic animals. The market is expected to grow at a significant rate due to the increasing demand for organic meat and poultry products, as well as the focus on improving the quality of animal feed to enhance the health and productivity of livestock. The market is segmented by Livestock, Livestock, form, and livestock, with various varieties of organic feed available to cater to the specific needs of different animals. The market is also influenced by regulations surrounding organic food production and certification, as well as consumer perceptions and assumptions about organic food production. The market is primarily driven by consumer concerns for personal health and the environment, as organic farming methods aim to minimize or avoid the negative environmental impacts of conventional farming practices. However, organic agriculture has higher production costs and lower yields compared to conventional farming methods, leading to higher consumer prices for organic food products.

Global Organic Feed Market Synopsis

COVID-19 Impact Analysis

The Organic Feed market experienced a detrimental effect due to the Covid-19 pandemic. The COVID-19 pandemic has caused supply chain interruptions, which have decreased demand or created shortages in the market for organic feed. Spending by consumers and businesses has decreased significantly as a result of the travel restrictions and social distancing measures, and this trend is expected to persist for some time. The epidemic has altered end-user trends and tastes, leading manufacturers, developers, and service providers to implement several measures in an attempt to stabilize their businesses.

Global Organic Feed Market Dynamics

The major factors that have impacted the growth of Organic Feed are as follows:

Drivers:

⮚      Technological Advancements and Innovation

Advancements in agricultural technology and innovation are enhancing the efficiency and effectiveness of organic feed production. From precision farming techniques to the development of organic feed formulations optimized for animal nutrition, ongoing innovation is driving productivity, quality, and cost-effectiveness in the organic feed sector.

Restraint:

• Consumer Price Sensitivity and Market Perception

Despite growing consumer demand for organic products, price sensitivity remains a significant restraint in the organic feed market. The premium pricing of organic feed products may deter price-conscious consumers and limit market expansion, particularly in price-sensitive segments such as conventional livestock farming. Additionally, misconceptions or skepticism about the efficacy and value proposition of organic feed compared to conventional alternatives may hinder market acceptance and adoption.

Opportunity:

⮚      Diversification of Organic Feed Product Portfolio

There is an opportunity for organic feed manufacturers to diversify their product portfolios by offering a wider range of organic feed options tailored to different livestock species, growth stages, and nutritional requirements. This includes specialized feeds for poultry, swine, cattle, and aquaculture, as well as formulations addressing specific health or performance needs.

Organic Feed Market Segment Overview

By Type

Based on the Type, the market is segmented based on Cereals & grains, Oilseeds, Pulses, Meals and Others. The cereals and grains segment accounted for the largest revenue share in 2022 and is expected to grow significantly over the forecast period. Grains and cereals, such as wheat, barley, and corn, are essential for animal feed because of their large yields. The market is also anticipated to increase as more people become aware of the advantages of feeding livestock organic cereals and grains to guarantee that their nutritional needs are satisfied and to improve their general health and growth.

 By Livestock

Based on Livestock, the market has been divided into Poultry, Ruminants, Swine, Aquatic animals and Others. The poultry segment dominated the market in 2022. Poultry, ruminants, swine, and aquatic animal segments of the global organic feed market have been identified. Growing organic meat consumption and chicken output have raised the need for organic feed in the poultry business.

By Form

Based on the Form, the market has been divided into Pellets, Crumbles, Mash and Others. Because pellets are the most popular and widely used type of organic feed, this category is predicted to experience a significant revenue increase during the projection period

By Additives

Based on Additives, the market has been divided into Amino acids, Minerals, Vitamins, Enzymes, Phytogenic and Others. The market is driven by factors such as increasing awareness of organic food for livestock, growing trend of contract farming, and availability of a variety of organic feed. The market is segmented by type, raw material, form, and livestock, with amino acids being the dominant segment due to their ability to build immunity and promote animal growth.

 Global Organic Feed Market Regional Analysis

Based on region, the market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The area of Europe is anticipated to dominate the market for the usage of Organic Feed, followed by those in Asia-Pacific and North America.

Organic Feed Europe Market

The North American region holds a dominant position in the Organic Feed market. The market for organic feed in Europe, which was valued at USD 7.6 billion in 2022, is anticipated to increase at a substantial CAGR during the course of the study. This is linked to both an aging population in the area and an increase in awareness of the drawbacks of feeding chemicals as feed supplements to cattle.

Organic Feed Asia Pacific Market

The Asia-Pacific region is witnessing rapid growth and emerging as a significant market for the Organic Feed industry. The organic feed market in Asia-Pacific is anticipated to expand at the quickest rate possible between 2022 and 2030. This is because APAC nations like China and India are producing more high-yielding crops like wheat, barley, and soybeans. Furthermore, the Asia-Pacific region’s fastest-growing organic feed market was India, while China had the biggest market share.

Competitive Landscape

The competitive landscape includes key players (tier 1, tier 2, and local) having a presence across the globe. Companies such as Cargill, BernAqua, Country Heritage Feeds, ForFarmers, and SunOpta are some of the leading players in the global Organic Feed Industry. These players have adopted partnership, acquisition, expansion, and new product development, among others as their key strategies.

Key Market Players:

• Cargill
• BernAqua
• Country Heritage Feeds
• ForFarmers
• SunOpta
• Ranch-Way Feeds
• Aller Aqua
• Purina Animal Nutrition LLC
• Scratch and Peck Feeds
• Hi Peak Feeds

Key Development:

In 2021: Cargill introduced poultry feed using essential oils to promote the health of flocks and increase, e.g., output. Cargill’s Natrena Naturewise poultry feed now contains essential oils to meet this need.

Scope of the Report

Global Organic Feed Market, by Type

• Cereals & grains
• Oilseeds
• Pulses
• Meals
• Others

Global Organic Feed Market, by Livestock

• Poultry
• Ruminants
• Swine
• Aquatic animals
• Others

Global Organic Feed Market, by Form

• Pellets
• Crumbles
• Mash
• Others

Global Organic Feed Market, by Additives

• Amino acids
• Minerals
• Vitamins
• Enzymes
• Phytogenic
• Others

Global Organic Feed Market, by Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Benelux
  • Nordic
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • Indonesia
  • Austalia
  • Malaysia
  • India
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of Middle East & Africa

 

Parameters	Indicators
Market Size	2033: $14.65 Billion
CAGR	8.74% CAGR (2023-2033)
Base year	2022
Forecast Period	2023-2033
Historical Data	2021
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations	Type, Livestock, Form, Additives
Geographies Covered	North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Key Vendors	Cargill, BernAqua, Country Heritage Feeds, ForFarmers, SunOpta, Ranch-Way Feeds, Aller Aqua, Purina Animal Nutrition LLC, Scratch and Peck Feeds, Hi Peak Feeds
Key Market Opportunities	Companies are investing in product launches
Key Market Drivers	Rising demand for organic food products, Growth of organic livestock farming practices, Increasing organic farmlands across the globe

REPORT CONTENT BRIEF:

• High-level analysis of the current and future Organic Feed Industry trends and opportunities
• Detailed analysis of current market drivers, restraining factors, and opportunities analysis in the future
• Historical market size for the year 2021, and forecast from 2023 to 2033
• Organic Feed market share analysis for each segment
• Competitor analysis with a comprehensive insight into its product segment, financial strength, and strategies adopted.
• Identifies key strategies adopted by the key players including new product development, mergers and acquisitions, joint ventures, collaborations, and partnerships.
• To identify and understand the various factors involved in the global Organic Feed market affected by the pandemic
• To provide year-on-year growth from 2022 to 2033
• To provide short-term, long-term, and overall CAGR comparison from 2022 to 2033.
• Provide Total Addressable Market (TAM) for the Global Organic Feed Market.