Organic Feed Market Players Contribute Majorly towards Innovative Trends through 2018 to 2028

FactMR, in its latest business intelligence study, depicts the nuts and bolts of the global organic feed market. The organic feed report presents detailed information regarding the drivers, restraints, opportunities and trends affecting organic feed market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the organic feed report elaborates the market behavior of each vendor operating in the organic feed market.

The organic feed report considers the following years to present the overall market growth:

• History Year: 2013 – 2017
• Estimated Year: 2028
• Forecast Year: 2018 – 2028

Regulations apropos of organic feed, which ensure utilization of purest methods of production, have led to lack of commercially available & permitted organic feed ingredients. Established stakeholders in the organic feed market are aiming to improve relationship between the requirements of the livestock sector and the organic feed, while complying with organic farming regulations and address sustainability challenges. A recent study of Fact.MR envisages that organic feed market to record an impressive 7.6% volume CAGR between the period of forecast, 2018 and 2028.

Supremacy of North America in the organic feed market is poised to prevail, in terms of revenues, with majority of the region’s market expected to remain consolidated in the U.S. Recent rise in dependency of the U.S. organic feed market, which has put operations at risk and cut down incentive of producers, has led the regional organic feed producers to spur domestic production for creating healthier soil and greater returns for farmers.

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Although North America reigns supreme in the organic feed market, growth in Europe is foreseen to be comparatively faster through 2028. Government support to farmers transitioning from conventional to organic feed production is a key growth determinant for the organic feed market in Europe. Huge ambitions shared by the EU appertaining to future agriculture strategy to prioritize environment protection as the primary agenda is another growth influencer for the organic feed market in Europe.

The APEJ region is estimated to account for more than 16% market share in the global organic feed market in 2017 and this share is expected to grow by a massive rate of 550 BPS, causing the APEJ market to grab 22.5% market share by the end of 2028.

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This highly populous continent is spearheaded by the rapid economic growth in China, India, and Australia and New Zealand and customers in these countries will continue to demand the maximum organic food products such as meat and dairy. A volume of more than 10,976,311 tons and a value of over US$ 8,069.4 Bn in 2028 makes APEJ the behemoth in the global organic feed market.

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