Organic Feed Market Forecasts to 2030 - Global Analysis By Product, Type, Livestock, Form, Additive, Sales Channel and by Geography

According to Stratistics MRC, the Global Organic Feed Market is accounted for $9.53 billion in 2023 and is expected to reach $17.20 billion by 2030 growing at a CAGR of 8.8% during the forecast period. Organic feed is defined as specially prepared feed that complies with stringent organic farming guidelines for cattle and poultry. Unlike conventional animal feed, organic feed is made without the use of artificial additives, genetically modified organisms (GMOs), synthetic pesticides, or herbicides. In order to promote the welfare of the animals and the environment, it places a strong emphasis on natural and sustainable farming methods.

According to the Organic Trade Association, organic feed plays a crucial role in sustainable livestock and poultry farming by adhering to strict organic standards. These standards ensure that animals receive nutrition derived from certified organic sources, promoting their well-being and aligning with environmentally friendly agricultural practices.

Market Dynamics:

Driver:

Knowledge and preference of customers

The increase in consumer awareness of the effects of food choices on both personal health and the environment is closely associated with the surge in demand for organic feed. A growing number of discriminating consumers are looking for products devoid of artificial additives, pesticides, and genetically modified organisms. Furthermore, the increasing inclination towards organic meat, dairy, and eggs highlights a wider cultural movement towards a lifestyle that is more ecologically conscious and health-conscious.

Restraint:

Increased feed costs for organic

The higher production costs linked to organic farming practices are one of the main obstacles facing the organic feed market. Ingredients for organic feed, which are frequently obtained from certified organic sources, can cost more than those for conventional feed. Additionally, farmers overall costs rise as a result of this cost gap, which exists throughout the whole production process, from cultivation to processing. For some farmers, especially those in areas where the viability of organic farming is a major concern, the financial burden of switching to organic feed may be a deterrent.

Opportunity:

Increasing consumer demand for organic goods

The growing consumer demand for organic products presents a sustained opportunity for the organic feed market. Demand for livestock raised on organic feed is predicted to increase as more consumers place a higher priority on sustainability, ethical food production, and health. Moreover, feed producers can increase their product offerings and satisfy a discerning consumer base looking for organic and environmentally friendly options by seizing this expanding market trend.

Threat:

Fierce rivalry with conventional agriculture

The fierce competition that organic feed faces from conventional feed products and agriculture is one of the major threats to the market. Organic feed producers face competition from conventional feed options, which are frequently more widely available and more reasonably priced. Furthermore, the market's sensitivity to price may cause some farmers and consumers to choose conventional feed instead of organic, which would prevent organic feed from being widely adopted.

Covid-19 Impact:

The market for organic feed has been affected by the COVID-19 pandemic in many ways. While the initial supply chain disruptions, labor shortages, and logistical difficulties had an impact on production and distribution, the pandemic's increased focus on consumer health and sustainable living has also resulted in a surge in demand for organic products, including organic feed. The demand for health-promoting, ethically sourced products and increased consciousness of food security has driven the growth of the organic feed industry.

The Meat, Fish and Poultry segment is expected to be the largest during the forecast period

In the organic feed market, the meat, fish, and poultry segment has the largest market share. The growing consumer preference for organic meat and poultry products, which is supported by worries about conventional farming practices and a desire for healthier, ethically sourced options, is the main factor driving the demand for organic feed in this category. Additionally, more consumers want to know that the animals used to produce meat, fish, and poultry products were raised on organic feed and were not exposed to artificial additives or genetically modified organisms.

The Amino Acids segment is expected to have the highest CAGR during the forecast period

The amino acid segment is growing at the highest CAGR. In animal nutrition, amino acids are essential because they support the synthesis of proteins and general health. The demand for organic feed supplemented with amino acids has been driven by the growing recognition of the significance of sustainable and balanced animal nutrition. Moreover, the market for amino acids is expanding rapidly as a result of consumers and farmers realizing how important it is to give animals the basic building blocks they need for development, reproduction, and immunity.

Region with largest share:

European region has the largest share. The region's prominence can be attributed to several factors, including a firmly established organic farming industry, strict laws supporting organic practices, and a high degree of consumer awareness regarding the advantages of purchasing organic goods. Organic meat, dairy, and poultry products are highly preferred by European consumers, and this has created a significant demand for organic feed. Furthermore, the region's market for organic feed has expanded as a result of the European Union's strict organic certification guidelines and encouraging policies for sustainable agriculture.

Region with highest CAGR:

The organic feed market is growing at the highest CAGR in the Asia-Pacific region. The region has adopted organic feed at a rapid pace due to rising consumer demand for naturally produced animal products and health-conscious, environmentally sustainable practices. Moreover, food that is ethically and organically sourced is becoming more and more popular, and governments in nations like China and India are placing more and more emphasis on sustainable agriculture.

Key players in the market

Some of the key players in Organic Feed market include Cargill, Incorporated, Dole Food Co., Inc., Aller Aqua Group, Jones Feed Mills Ltd, Kreamer Feed, Inc., B&W Feeds Ltd, Modesto Milling Inc., Forfarmers N.V., Archer Daniels Midland Company, The Organic Feed Company, Country Heritage Feeds, HI Peak Feeds Ltd, Purina Animal Nutrition LLC, Land O'Lakes, Inc. and Ranch-Way Feeds.

Key Developments:

In February 2024, Cargill and food tech leader ENOUGH, which produces fermented protein sustainably, are expanding their current partnership to further innovate nutritious and sustainable alternative meat and dairy solutions consumers crave. Cargill is investing in ENOUGH's most recent growth funding campaign and has signed a commercial agreement to use and market its fermented protein.

In January 2024, ForFarmers has completed the acquisition of Piast Pasze Sp. z.o.o., which had already been announced on 25 July 2023. All conditions regarding this transaction have been met, including the approval of the competition authority. The enterprise value is the sum of a payment to the shareholders of Piast and the net debt. The enterprise value will be paid in local currency, which amounts approximately 30,6 million in Euro's. Tasomix received thus 100% of the shares in Piast.

In December 2023, ADM, a global leader in human and animal nutrition, today announced that it has reached an agreement to acquire UK-based FDL, a leading developer and producer of premium flavor and functional ingredient systems.

Products Covered:

• Fruits and Vegetables
• Dairy Products
• Meat, Fish and Poultry
• Frozen Foods
• Other Products

Types Covered:

• Cereals & Grains
• Oilseeds
• Other Types

Livestocks Covered:

• Poultry
• Ruminants
• Swine
• Aquatic Animals
• Other Livestocks

Forms Covered:

• Pellets
• Crumbles
• Mashes
• Other Forms

Additives Covered:

• Amino Acids
• Minerals
• Vitamins
• Enzymes
• Phytogenic
• Other Additives

Sales Channels Covered:

• Business to Business
• Business to Customer

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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