Global Prepared Animal Feed
Market Report
2025
The global Prepared Animal Feed market size will be USD 135215.5 million in 2024. Nutritional awareness, livestock farming expansion, and pet ownership are expected to boost sales to USD 231735.6054 million by 2031, with a Compound Annual Growth Rate (CAGR) of 8.00% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Prepared Animal Feed Market Report 2025.
According to Cognitive Market Research, the global Prepared Animal Feed market size will be USD 135215.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 8% |
North America Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 6.2% |
Mexico Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 6.7% |
Canada Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 7% |
United States Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 6% |
Europe Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 6.5% |
Germany Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 6.7% |
France Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 5.7% |
Spain Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 5.6% |
United Kingdom Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 7.3% |
Russia Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 5.5% |
Italy Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 5.9% |
Rest of Europe Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 5.2% |
Asia Pacific Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 10% |
Japan Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 8.5% |
China Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 9.5% |
Australia Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 9.7% |
India Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 11.8% |
Korea Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 9.1% |
Rest of APAC Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 9.8% |
South America Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 7.4% |
Colombia Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 7.2% |
Argentina Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 8.3% |
Brazil Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 8% |
Chile Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 7.7% |
Peru Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 7.6% |
Rest of South America Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 6.5% |
Middle East Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 7.7% |
Egypt Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 8% |
Turkey Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 7.2% |
Rest of MEA Prepared Animal Feed Market Sales Revenue | 121212 | 121212 | 121212 | 6.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Form Outlook: |
|
Market Split by Animal Type Outlook: |
|
Market Split by Ingredient Outlook: |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
|
Report scope is customizable as we have a huge database of Prepared Animal Feed industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Prepared Animal Feed Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Prepared Animal Feed Market encompasses various processed products designed to meet the nutritional needs of livestock, poultry, fish, and other animals. These feeds are formulated to enhance growth, improve health, and boost productivity. The market has witnessed significant growth due to increasing demand for meat, dairy, and aquaculture products globally. Technological advancements in feed formulation, the rising focus on sustainable farming practices, and the growing awareness of animal health are driving the market. Additionally, factors such as population growth, urbanization, and changing dietary preferences further fuel the demand for efficient animal feed solutions worldwide.
In April 2023, ForFarmers N.V. declared that it would sell its Belgian compound feed division to Arvesta, a Belgian company. (Source: https://pressroom.arvesta.eu/competition-authority-approval-for-the-sale-of-forfarmers-of-belgian-compound-feed-business-to-arvesta)
The market for premium animal feed is influenced. Increasing urbanization and evolving lifestyles have led to a rise in pet ownership worldwide. People treat pets as family members, driving demand for high-quality, nutritious feed. Premium animal feed is significantly more expensive than standard options, limiting its adoption among price-sensitive consumers. While high costs and regional disparities present challenges, the market's growth is strongly driven by the increasing bond between humans and their pets, alongside advancements in product quality and marketing strategies. The expansion of the global pet population continues to create substantial opportunities for premium animal feed providers.
The growing global demand for animal-derived products, such as meat, milk, and eggs, is driving increased livestock production, creating a significant need for high-quality feed solutions. Farmers are focusing on enhancing animal health, growth, and productivity to meet this demand, spurring the adoption of nutritionally balanced and fortified feeds. Additionally, advancements in feed technology, including additives that improve digestion and reduce environmental impact, are further propelling the market. Regulatory emphasis on sustainable and safe feed options also boosts growth.
Rising raw material costs pose a significant restraint in various markets, particularly in industries reliant on raw inputs like agriculture and manufacturing. The increasing prices of essential materials strain production budgets, leading to higher operational costs. For feed producers, this translates to elevated feed prices, impacting profitability and supply chain efficiency. As raw material costs surge, businesses face challenges in maintaining competitive pricing, which can reduce consumer demand and disrupt market growth across affected sectors.
The COVID-19 pandemic significantly impacted the Prepared Animal Feed market, disrupting supply chains and production processes due to lockdowns and labour shortages. The closure of feed mills and transportation restrictions led to delays in feed production and distribution. Additionally, the closure of restaurants and food services decreased demand for certain animal products, affecting the livestock industry. However, the increased focus on food security and rising awareness of animal health and nutrition helped sustain demand for animal feed in some regions. The market showed signs of recovery as economies reopened and agricultural sectors resumed operations post-pandemic.
We have various report editions of Prepared Animal Feed Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The prepared animal feed market is highly competitive, with key players focusing on product innovation, sustainability, and strategic partnerships. Major companies include Cargill, Archer Daniels Midland (ADM), and New Hope Group, which dominate through a wide range of feed products and global distribution networks. Increasing demand for high-quality, nutritionally balanced feeds drives market growth, while regional players compete by offering specialized formulations for livestock, poultry, and aquaculture. Mergers, acquisitions, and technological advancements are common strategies for gaining market share.
In June 2023, ADM purchased Prairie Pulse Inc. in order to satisfy Canada's rising need for plant proteins. (Source: https://www.adm.com/en-us/news/news-releases/2023/7/adm-eager-to-partner-with-farmers-customers-after--acquisition-of-prairie-pulse/) In January 2023, With an initial production capacity of 120,000 metric tons, De Heus Animal Nutrition opened a new greenfield animal feed manufacturing facility in Ivory Coast, West Africa. The facility can generate feed for a variety of animals, including cattle, which helps the area's agriculture grow. (Source: https://www.deheus.com/articles/news/de-heus-inaugurates-the-first-de-heus-animal-feed-factory-in-ivory-coast) In November 2022, Alltech introduced Egalis, a high-end line of silage inoculants, with the goals of increasing nutrient quality, enhancing forage stability, and lowering dry matter loss. Egalis promotes the best possible animal performance, enhancing Alltech's standing as a world leader in agricultural innovation for more than 40 years. (Source: https://www.alltech.com/press-release/alltech-introduces-egalisr-high-quality-silage-inoculants)
Top Companies Market Share in Prepared Animal Feed Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America currently dominates the Prepared Animal Feeds market, and the region is expected to have significant growth during the projected period. This is due to advanced agricultural practices, high demand for livestock products, and strong industry infrastructure. The region's large-scale commercial farming, technological innovations in feed production, and strict regulatory standards further contribute to its market leadership.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Factors driving this growth include increasing livestock production, rising demand for protein-rich diets, and advancements in feed technology, particularly in countries like China and India.
The current report Scope analyzes Prepared Animal Feed Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the global Prepared Animal Feed market size was estimated at USD 135215.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 54086.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
According to Cognitive Market Research, the global Prepared Animal Feed market size was estimated at USD 135215.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 40564.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
According to Cognitive Market Research, the global Prepared Animal Feed market size was estimated at USD 135215.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 31099.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
According to Cognitive Market Research, the global Prepared Animal Feed market size was estimated at USD 135215.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 6760.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
According to Cognitive Market Research, the global Prepared Animal Feed market size was estimated at USD 135215.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 2704.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031..
Global Prepared Animal Feed Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Prepared Animal Feed Industry growth. Prepared Animal Feed market has been segmented with the help of its Form Outlook:, Animal Type Outlook: Ingredient Outlook:, and others. Prepared Animal Feed market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Prepared Animal Feed Market?
According to Cognitive Market Research, Pellets hold the largest growing share in the Prepared Animal Feed market due to their ease of storage, handling, and transportation. They provide consistent nutrient content and are easy for animals to consume, promoting better digestion and overall health. Additionally, pelletized feed helps reduce waste, improves feed conversion rates, and supports efficient animal growth. The growing demand for sustainable, cost-effective, and nutritionally balanced animal feed in regions like Asia Pacific and North America further accelerates pellet adoption.
Crumbles hold the fastest-growing segment in the prepared animal feed market due to their ease of handling and efficient nutrient absorption. Their uniform texture helps livestock consume the feed more effectively, improving digestion and growth rates. The growing demand for high-quality, balanced animal diets in poultry, swine, and cattle farming drives the preference for crumbles. Additionally, their advantages in terms of reducing waste and enhancing feed conversion efficiency make them a popular choice among animal feed manufacturers.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Prepared Animal Feed Industry. Request a Free Sample PDF!
According to Cognitive Market Research, Swine holds the largest growing segment in the prepared animal feed market due to increasing demand for pork globally, particularly in regions like Asia-Pacific. The rising consumption of pork, coupled with advancements in breeding practices, drives the need for high-quality, nutrient-rich feed to support optimal growth and health. Swine feed is formulated to improve feed efficiency, disease resistance, and overall production, making it a key focus in the animal feed industry.
In the Prepared Animal Feed Market, Ruminants hold the fastest-growing segment due to increasing demand for high-quality feed to improve productivity and meet the nutritional needs of cattle, sheep, and goats. The growing global demand for meat and dairy products, coupled with advancements in feed formulations, enhances growth. Additionally, the shift towards more sustainable and efficient livestock farming practices, including the use of specialized feeds for ruminants, contributes to the rapid expansion of this segment in the prepared animal feed market.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
According to Cognitive Market Research, Cereals hold the largest growing segment in the Prepared Animal Feed market due to their high nutritional value, cost-effectiveness, and widespread availability. Cereal grains such as corn, wheat, and barley are rich in carbohydrates and essential nutrients, making them ideal for livestock diets. As global demand for animal protein rises, the use of cereals in animal feed has expanded to meet this need. Additionally, their versatility and affordability support their dominance in the feed industry across diverse regions.
In the Prepared Animal Feed market, the rapidly growing sector is Oilseed meal is the fastest-growing segment in the prepared animal feed market due to its high nutritional content, including proteins, amino acids, and fibre, making it an ideal ingredient for livestock feed. As demand for sustainable, cost-effective feed solutions rises, oilseed meals from soybeans, canola, and sunflower offer a reliable, eco-friendly alternative to conventional feed. Their growing use in aquaculture, poultry, and swine production, driven by the expanding global livestock industry, fuels this segment's rapid growth.
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
As a Research Analyst with over 3+ years of experience in market research and consumer insights, I specialize in delivering actionable, data-driven solutions across diverse industries, including Consumer Goods, Food & Beverage, and other domains as well. My expertise spans both primary and secondary research, allowing me to effectively analyze trends, assess market opportunities, and guide strategic decisions for clients.
I’ve successfully managed client queries, presales, and post-sales engagements, ensuring seamless communication and delivering high-quality insights that drive business growth. With a strong track record of working with both established brands and startups, I help organizations optimize strategies, enhance customer experiences, and unlock new growth opportunities.
Always eager to stay ahead of industry trends, I thrive in collaborative environments where research meets innovation. My focus is on turning complex data into clear, actionable insights that create real-world impact.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Form Outlook: | Pellets, Crumbles, Mash |
Animal Type Outlook: | Swine, Ruminants, Poultry, Aquaculture |
Ingredient Outlook: | Cereals, Oilseed Meal, Molasses, Fish Oil and Fish Meal, Additives |
List of Competitors | Archer-Daniels-Midland Company, Cargill Incorporated, Charoen Pokphand Group, Dupont De Nemours Inc., Evonik Industries AG (RAG-Stiftung), ForFarmers N.V., Kemin Industries Inc., Nutreco N.V (SHV Holdings), Perdue Farms Inc., Tyson Foods Inc |
This chapter will help you gain GLOBAL Market Analysis of Prepared Animal Feed. Further deep in this chapter, you will be able to review Global Prepared Animal Feed Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Prepared Animal Feed. Further deep in this chapter, you will be able to review North America Prepared Animal Feed Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Prepared Animal Feed. Further deep in this chapter, you will be able to review Europe Prepared Animal Feed Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Prepared Animal Feed. Further deep in this chapter, you will be able to review Asia Pacific Prepared Animal Feed Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Prepared Animal Feed. Further deep in this chapter, you will be able to review South America Prepared Animal Feed Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Prepared Animal Feed. Further deep in this chapter, you will be able to review Middle East Prepared Animal Feed Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Prepared Animal Feed. Further deep in this chapter, you will be able to review Middle East Prepared Animal Feed Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Prepared Animal Feed. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Form Outlook: Analysis 2019 -2031, will provide market size split by Form Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Form Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Animal Type Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Ingredient Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Prepared Animal Feed market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Pellets have a significant impact on Prepared Animal Feed market? |
What are the key factors affecting the Pellets and Crumbles of Prepared Animal Feed Market? |
What is the CAGR/Growth Rate of Swine during the forecast period? |
By type, which segment accounted for largest share of the global Prepared Animal Feed Market? |
Which region is expected to dominate the global Prepared Animal Feed Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|