New York, United States, June 21, 2024 (GLOBE NEWSWIRE) — The size of the Global Organic Food Market will grow from $7.8 billion in 2023 to $16.4 billion by 2033, at a compound annual growth rate (CAGR ) of 7.71% % during the forecast period.
Get a sample PDF brochure: https://www.sphericalinsights.com/request-sample/4587
Livestock such as pigs, chickens, goats and cattle are allowed to consume organic feed as it contains ingredients that are certified organic. Crops grown organically, meaning without the use of pesticides or artificial fertilizers, include wheat, barley, soybeans, corn, and other ingredients. Owners of organic dairy and beef cattle are very interested in purchasing organic feed, which comes in various forms such as kibble, mash and pellet feed. The absence of antibiotics, medications, pesticides and growth steroids in organic feed makes it highly sought after as it supports optimal animal growth and digestion, extends livestock life and maintains rumen pH. Additionally, the growing demand for organic food has caused a significant shift in market share. An increasing number of consumers now have a preference for organic goods. The absence of hormones or pesticides in food may not have an impact on the expansion of the organic industry. Introducing organic goods including milk, ghee, cheese and butter, which are made from organic fodder fed to cattle is another goal for food manufacturers. The increasing use of organic feed in animal production is one of the main factors driving the global demand for organic feed.
Browse key industry insights spread across 212 pages of 110 market data tables and figures and charts from the report on “Global organic food market Analysis of the impact of size, distribution and COVID-19, by source (cereals and grains and oilseeds), by form (pellets, granules and mash), by animal (poultry, ruminants, swine and aquatic animals) and by region ( America North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Analysis and Forecast 2023 – 2033.”
Buy Now Full Report: https://www.sphericalinsights.com/checkout/4587
The grains and cereals segment is projected to dominate the global organic food market during the forecast period.
Based on source, the global organic food market is segmented into cereals and grains and oilseeds. Among them, the grains and cereals segment is projected to dominate the global organic food market during the forecast period. As people become more aware of the health benefits of feeding animals organic grains and cereals, the demand for organic feed will increase and increase sales.
The pellet segment is projected to account for the largest revenue share of the global organic feed market over the forecast period.
On the basis of form, the global organic food market is segmented into pellets, crumbles, and purees. Among these, the pellet segment accounted for the largest share of the revenue of the global organic food market during the forecast period. Pellets help reduce food waste due to the fact that they are good for both feeding and storage.
The poultry segment is projected to dominate the global organic feed market over the forecast period
Based on livestock, the global organic feed market is segmented into poultry, ruminants, swine, and aquatic animals. Among them, the poultry segment is projected to dominate the global organic feed market during the forecast period. This market has grown as a result of increasing awareness of the advantages of organic feed ingredients and growing animal health concerns.
Ask before you buy this research report: https://www.sphericalinsights.com/inquiry-before-buying/4587
Asia Pacific is expected to hold the largest share of the global organic food market during the forecast period.
Asia Pacific is expected to hold the largest share of the global organic food market during the forecast period. Due to the existence of large-scale animal production, such as pigs, poultry and cattle. Many farmers use organic farming to meet the demand for organic produce because of its nutritional value and health benefits. The abundant availability of grains allows producers to use more natural ingredients in animal feed, which improves meat quality. It is the world’s largest producer and consumer of food, with China making the largest contribution. The Asia-Pacific organic feed market is projected to grow due to increasing adoption of organic farming practices and awareness among livestock farmers. The increasing demand, especially from the meat and dairy industry, for organic food products is positively affecting the production of organic cattle. As a result, the demand for organic food products will increase gradually during the forecast year.
North America is projected to grow at the fastest rate in the global organic food market during the forecast period. Due to the health concerns of consumers and the substantial influence of the pet food manufacturing and milling industries, the North American market for organic feed additives is projected to be the largest. greater government support for farmers using organic farming methods, a greater presence of relevant stakeholders and an increase in the supply of approved food additives. In a similar way, the market would expand due to increased per capita meat consumption in the region and strict meat quality regulations. Additionally, North America is the largest market for organic food, accounting for nearly half of all organic food retail sales worldwide, with the majority of this portion occurring in the United States.
Competition analysis:
The report provides proper analysis of the key organizations/companies involved in the global market along with a comparative assessment mainly based on their product offering, business overviews, geographical presence, enterprise strategies, market segment share and SWOT analysis. The report also provides an elaborative analysis focusing on current company news and developments, which includes product development, innovations, joint ventures, partnerships, mergers and acquisitions, strategic alliances and others. This enables the assessment of overall competition within the market. Key vendors in the global organic feed market are Cargill, BernAqua, Country Heritage Feeds, ForFarmers, SunOpta, Ranch-Way Feeds, Aller Aqua, Purina Animal Nutrition LLC, Scratch and Peck Feeds, K-Much Feed Industry Co., Ltd, The Organic Feed Company, B&W Feeds, Feedex Companies, Country Junction feeds. And other top sellers.
Get discount @ https://www.sphericalinsights.com/request-discount/4587
Recent developments
- In October 2021, to increase flock health and productivity, Cargill introduced essential oil-based chicken feed. To meet this need, essential oils have been added to Cargill’s Natrena Naturewise poultry feed.
Market segment
This study forecasts revenue at the global, regional and country level from 2020 to 2033. Spherical Insights has segmented the global physician office diagnostics market based on the segments mentioned below:
Global Physician Office Diagnostics Market, by Product Type
- Point-of-care testing (POCT) devices.
- Clinical Chemistry Analyzer
- Immune assay systems
- Molecular diagnosis
- Urine analysis systems
- Head and Neck Tumor
- Prostate cancer
Global physician office diagnostics market, by end user
- Doctors’ offices and clinics
- Urgent Care Centers
- Ambulatory Care Centers
Global Organic Food Market, By Region
- Europe
- Germany
- uk
- France
- Ital
- Spain
- Russia
- The rest of Europe
- Asia Pacific
- China
- Japan
- Indian
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentinian
- The rest of South America
- Middle East and Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- The rest of the Middle East and Africa
Browse similar reports:
Global Foliar Spray Market Size, Share and Impact Analysis of COVID-19, by Type (Nitrogen, Phosphate, Potassium and Micronutrients), by Form (Liquid and Powder Form), by Application (Horticultural Crops, Field Crops, and Grounds and Ornamentals) ) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Analysis and Forecast 2023 – 2033
Global Ground Protection Market Analysis of the size, distribution and impact of COVID-19, by product (pest protection, stress protection and scarification), by solution (chemical, biological and mechanical), by application (soil, seed and leaf) and by region (Americas) North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Analysis and Forecast 2023 – 2033
Global market for beneficial insects Size, distribution and impact analysis of COVID-19, by type (pollinators, parasitoids, pathogens, predators), by application (crop protection and crop production), by crop type (flowers and ornamentals, fruits and Vegetables, and Cereals and Pluses), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Analysis and Forecast 2023 – 2033
Global Industrial Hemp Market Analysis of the size, distribution and impact of COVID-19, by product (seeds, fibers and shivs), by application (textiles, automotive, animal care, furniture, food and beverages, pharmaceuticals and others), by source (conventional and organic), and by region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Analysis and Forecast 2023 – 2033
Spherical Views & Consulting is a market research and consulting firm that provides actionable market research studies, quantitative forecasting and trend analysis, provides forward-looking insight designed specifically for decision makers and helps ROI.
Which is catering to various industries such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For more information on your target market, please contact us below:
Phone: +1 303 800 4326 (US)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact us: https://www.sphericalinsights.com/contact-us
Follow us: LinkedIn | Facebook | I tweet
#Global #organic #food #market #size #worth #billion #CAGR
Image Source : www.globenewswire.com