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Peru Animal feed Market - Forecasts from 2019 to 2024

Peru Animal feed market is expected to grow at a compound annual growth rate of 5.12% over the forecast period to reach a market size of US$1.660 billion in 2024 from US$1.231 billion in 2018. Peru is one of the fastest growing animal feed markets in South America, increasing consumption of raw and processed meat coupled with rising health awareness are driving the demand for animal feed in the country. Poultry is driving segment for the market and with the rising poultry population the deman Read more...

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Chile Animal feed Market - Forecasts from 2019 to 2024

Chile Animal feed market is expected to grow at a compound annual growth rate of 3.13% over the forecast period to reach a market size of US$1.142 billion in 2024 from US$0.949 billion in 2018. Rising per capita meat consumption is expected to be the prime driver for the animal feed market during the forecast period. According to Organisation for Economic Co-operation and Development, per capita meat consumption in Chile has increased from 14.680 kg in 2012 to 18.765 kg in 2017. Chili has bee Read more...

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Colombia Animal feed Market - Forecasts from 2019 to 2024

Colombia Animal feed market is expected to grow at a compound annual growth rate of 2.32% over the forecast period to reach a market size of US$3.471 billion in 2024 from US$3.025 billion in 2018. Colombia is fourth largest economy in South America region and growing retail sector couple with consumer inclination towards the consumption of meat products drives the growth of the market during the forecast period. Colombian cattle are recognized as some of the best genetic quality in the world Read more...

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Ukraine Animal feed Market - Forecasts from 2019 to 2024

Ukraine Animal feed market is expected to grow at a compound annual growth rate of 2.37% over the forecast period to reach a market size of US$3.120 billion in 2024 from US$2.711 billion in 2018. Ukraine is expected to be one of the fastest growing animal feed markets in Europe, increasing consumption of poultry products and expanding economy widen up the growth opportunities for animal feed manufacturers and vendors in the coming years. Poultry feed is the dominant segment in the Ukraine ani Read more...

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Thailand Animal feed Market - Forecasts from 2019 to 2024

Thailand Animal feed market is expected to grow at a compound annual growth rate of 2.24% over the forecast period to reach a market size of US$7.628 billion in 2024 from US$6.678 billion in 2018. Rapid in industrialization in poultry production and increasing consumer preference for poultry meat are expected to be the prime driver for the growth of the market during the forecast period. Demand for aquatic feed is also expected to high due to increasing number of aquaculture activities in the Read more...

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South Korea Animal feed Market - Forecasts from 2019 to 2024

South Korea Animal feed market is expected to grow at a compound annual growth rate of 2.47% over the forecast period to reach a market size of US$5.096 billion in 2024 from US$4.403 billion in 2018. Increasing government regulation concerning food labeling and ingredient content is expected to drive the animal feed market in the country during the forecast period. Increasing consumption of beef and rising health consciousness is further anticipated to drive the growth of the market in the co Read more...

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Vietnam Animal feed Market - Forecasts from 2019 to 2024

Vietnam Animal feed market is expected to grow at a compound annual growth rate of 5.28% over the forecast period to reach a market size of US$11.222 billion in 2024 from US$8.240 billion in 2018. In Vietnam purchasing power has grown substantially in the recent years which lead to changing dining habits and expectations. The demand for food in Vietnam has shifted from food security to food safety therefore building consumer trust in food safety as an ongoing opportunity to improve the offeri Read more...

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Taiwan Animal feed Market - Forecasts from 2019 to 2024

Taiwan Animal feed market is expected to grow at a compound annual growth rate of 3.65% over the forecast period to reach a market size of US$1.473 billion in 2024 from US$1.188 billion in 2018. Limited availability of pastoral land has resulted in heavily concentrated livestock farming in the country. Limited availability of pastoral land has resulted in heavily concentrated livestock farming in Taiwan. Rapid technological advancement in agricultural activities leads to increasing adoption a Read more...

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Cattle Feed Market - Forecasts from 2019 to 2024

Cattle feed market is expected to grow at a compound annual growth rate of 2.50% over the forecast period to reach a market size of US$48.666 billion in 2024 from US$41.964 billion in 2018. Feed for cattle are supplemented with grain, soy and other ingredients in order to increase the energy density of the diet. Cattle feed is helpful in managing nutrient level of end products and provide better immune to cattle. Increasing meat and dairy product demand is expected to drive the global cattl Read more...

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Indonesia Animal feed Market - Forecasts from 2019 to 2024

Indonesia Animal feed market is expected to grow at a compound annual growth rate of 4.01% over the forecast period to reach a market size of US$10.735 billion in 2024 from US$8.479 billion in 2018. Animal health market is one of the emerging market in the country which is driving the usage of livestock feed in the coming years. Improving animal nutrient availability, digestibility and growing livestock population are some of the key drivers that are promoting the growth of animal feed during Read more...

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