Organic Poultry Feed Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2029
Data Bridge Market Research analyzes that the Organic Poultry Feed Market was valued at USD 3.09 Billion in 2021 and is projected to reach USD 5.31 Billion by 2029, registering a CAGR of 7.00% during the forecast period from 2022 to 2029. The market report curated by Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, patent analysis, price analysis, production consumption analysis and technological advancements.
Organic feed includes certified organic components and is intended for cattle, goats, poultry, pigs and other farm animals. Wheat, barley, soybeans, corn, and crops grown without the use of chemical fertilizers or pesticides are among the ingredients, making the crop organic in nature. Organic feed is available in various forms, including crumbles, mashes and pellets, and is commonly requested by livestock owners who supply organic milk and meat. Organic feeds are in high demand as they are free of antibiotics, drugs, pesticides and growth hormones, which contribute to healthy animal growth and digestion, longevity in livestock and maintenance of pH of the rumen.
- In October 2021, Cargill launched poultry feed with essential oils for healthy flocks and maximized egg production. Essential oils have been added to Cargill Nutrena Naturewise poultry feed to meet this demand. Natural essential oils help promote egg weight, size and production, as well as improved palatability and fresh aroma straight from the bag.
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Leading players in the Organic Poultry Feed Market are:
Dow (USA), BASF SE (Germany), Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), DuPont (USA), Evonik Industries AG (Germany), NOVUS INTERNATIONAL (USA), Alltech (USA), Associated British Foods plc ( UK), Charoen Pokphand Foods PCL (Thailand), Cargill, Incorporated (USA), Nutreco (Netherlands), ForFarmers. (Netherlands), De Heus Animal Nutrition (Netherlands), Land O’Lakes (USA), Kent Nutrition Group (USA), JD HEISKELL & CO. (US), Perdue Farms (US), SunOpta (Canada), Scratch and Peck Flux (US)
Global Organic Poultry Feed Market Segmentation:
The organic poultry feed market is segmented on the basis of animal type, ingredients, supplements, additives, and distribution channel. The growth among these segments will help you analyze weak growth segments in the industries and provide users with valuable market insight and market insights to help them make strategic decisions to identify major applications of the market.
Type of animals
- Other types of animals
On the basis of animal type, the organic poultry feed market has been segmented into layers, broilers, turkeys and other animal types.
- Oilseed meal
- Other ingredients
Based on ingredients, the organic poultry feed market has been segmented into grains, oilseed meals, oil, molasses and other ingredients.
- Amino acids
- Probiotics and prebiotics
- Other Supplements
On the basis of supplements, the organic poultry feed market is segmented into vitamins, amino acids, antibiotics, enzymes, antioxidants, acidifiers, probiotics and prebiotics and other supplements.
- Amino acids
Based on additives, the organic poultry feed market is segmented into amino acids, enzymes, vitamins, minerals and phytogenics.
- Specialty stores
- On line
The organic poultry feed market is also segmented on the basis of distribution channel into supermarkets/hypermarkets, specialty stores and online.
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Impact of COVID-19 on the organic poultry feed market
COVID-19 has wreaked havoc in nearly every industry, including infrastructure, transportation, oil and gas, manufacturing, and others. Most countries have adopted lockdown limitations to fight the COVID-19 pandemic, which have now been phased out phase by phase and industry by industry. The propionic acid industry has been hit hard by the COVID-19 outbreak, which has ravaged the global economy due to a shortage of raw materials and labor. Restrictions on the export of animal feed to neighboring countries and other peripheral countries, mainly in Europe, have contributed to supply and production shortages. This will also reduce the growth of the organic poultry feed market.
Market dynamics of organic poultry feed market include
- Increasing organic farmland will improve the growth rate of the market.
Significant increase in organic farmland across the globe will improve the growth rate of organic poultry feed market. Along with this, increasing cases of contamination of animal products with pesticides and insecticides will increase the demand for the organic poultry feed market.
- Growing demand for nutrient rich food products will act as a major market driver.
There is a growing demand for nutrient-dense food products that can meet the nutritional needs of animals at all stages of their life. As a result, the demand for nutrient-dense organic feed is increasing across the globe, which is accelerating the growth of the organic poultry feed market.
Furthermore, the organic poultry feed market is also driven by significant factors such as increasing level of disposable income and growing urbanization. The organic poultry feed market is estimated to grow rapidly over the forecast period owing to the boom in organic animal husbandry and the growth of the animal husbandry industry. The upsurge in the consumption of poultry meat will influence the revenue growth of the organic poultry feed market. Another important factor involving increase in poultry productivity will dampen the growth rate of organic poultry feed market.
- Increased research and development activities will stimulate new market opportunities.
Rising number of research and development activities will extend profitable opportunities to market players during the forecast period of 2022 to 2029. The expansion of any industry depends on technological improvements and innovation. Major companies in the organic food industry invest in research and development to develop innovative products capable of meeting the nutritional needs of each animal.
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