Feed, also called animal feed, food grown or developed for livestock and poultry. Modern feeds are produced by carefully selecting and blending ingredients to provide highly nutritional diets that both maintain the health of the animals and increase the quality of such end products as meat, milk, or eggs.
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Ongoing improvements in animal diets have resulted from research, experimentation, and chemical analysis by agricultural scientists. Animal feed means a mixture of nutrients that are produced under hygienic conditions that comply with the requirements of each species age and type and produced either as the only source of feed or as a supplement. Animal feed is material fed to domestic animals like cattle and poultry.
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There are three main types of animal feed: concentrate feed such as mash for pigs and ruminants; roughage such as grass silage or hay for non-ruminants; and mixed feeds that combine both concentrate and roughage. Most commercial feeds contain a mixture of several ingredients formulated to balance nutrients and energy intake over time. The diet of an animal is usually calculated on its lean body mass, which determines how much energy it will need per day.
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Uses of Animal feed:
Animal feed is used to feed domesticated animals. Since most farm animals are herbivores or omnivores, their feed often consists of plant material such as hay or grass mixed with grain. This can include food scraps from grocery stores and restaurants where meat products are sold. Smaller quantities of animal protein may come from fish caught for example by inland fishing operations.
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Animal feed is used to refer to fodder consumed by animals, not necessarily for human consumption. It also refers to food given to animals raised as livestock or pets. There are five basic categories of animal feed: concentrate feeds, mixed feeds, compound feeds, ready-made feeds and minerals. Concentrate feeds are further classified as either pelleted or non-pelleted. Non-pelleted concentrates include haylage and silage. Ready-made feed may come in bags or pails depending on its form; most are ready to use although some are delivered in bulk bins.
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Market Outlook:
The animal feed market is projected to grow at a CAGR of 4.90% to reach US$460.322 billion by 2026, from US$345.434 billion in 2020. Animal feeds are referred to as those products which are responsible for improving animals’ health. The feed is given in various doses depending on the animal. Rapid urbanization and growing consumption of meat and other end products such as milk and eggs across different regions are driving the animal feed market growth opportunities during the forecast period.
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The feed helps in enhancing the animal's abilities by providing enriched nutrients along with the feedstuff, accelerating growth and weight gain, and developing immunity. Outbursts of diseases in animals are a major factor contributing to the increasing adoption of animal feed as it enhances the health of the animals and in proper regulation of the food chain. High growth in the animal feed market is aided by the growth strategies of major players in the form of expansions and investments, which also helps in enhancing the product portfolio and reaching out to new target markets.
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Furthermore, the growing livestock population along with the shift from unorganized livestock farming to the organized sector is further expected to propel the market growth opportunities in the coming years. However, the high price volatility of raw materials is expected to hinder the growth of the market during the forecast period.
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Key Players:
· Suguna Foods Private Limited
· Japfa Comfeeds India Pvt. Ltd.
· Venkateshwara Hatcheries Pvt. Ltd.
· Anmol Feeds Pvt. Ltd.
· Godrej Agrovet Limited (GAVL)
· SKM Animal Feeds and Foods (India) Ltd.
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