
Report ID: SQMG30H2017
SkyQuest Technology's Animal nutrition market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Animal Nutrition Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Animal Nutrition Market size was valued at USD 24.26 Billion in 2023 and is poised to grow from USD 25.82 Billion in 2024 to USD 42.48 Billion by 2032, growing at a CAGR of 6.42% during the forecast period (2025-2032).
Animal nutrition other than ingredients like grains, crops, silage, and residue, compounds, or formulations is added to feed in order to raise the nutritional value of feed and possess a positive impact on animal health. The ever-growing demand for animal meat and products (such as dairy and eggs) has put livestock breeders under a lot of strain, forcing them to ensure an increase in the productivity of their livestock. The issue for such farmers, on the other hand, is how to maximize productivity while keeping expenses to a minimum. Therefore, the ideal choice for improving feed digestion and feed conversion ratios is to use animal nutrition also called feed additives.
The key drivers of animal nutrition market growth are an increase in commercial livestock production and increased demand for meat and other animal-based goods. Growing demand for dairy and meat products as a source of different nutrients is being driven by expanding consumer health consciousness, which is favorably affecting the demand for animal feed. The animal nutrition market is expanding significantly in part due to rising consumer awareness of the health advantages of animal feed additives derived from algae. In order to supplement animal feed with nutrients during the infancy of livestock development, microalgae are crucial. It also encourages physical development while ensuring the production of meat, milk, and eggs of the highest caliber.
US Animal Nutrition Market is poised to grow at a sustainable CAGR for the next forecast year.
REQUEST FOR SAMPLE
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMG30H2017
[email protected]
USA +1 351-333-4748