Indonesia Animal Feed Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Indonesia animal feed Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the Indonesia animal feed industry growth, size, share, trends and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The Indonesia animal feed market size reached US$ 7.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.
Animal feed encompasses a variety of well-balanced nutritional components meticulously formulated to cater to the dietary needs of different animal types, including poultry, livestock, and aquaculture species. This inclusive array of products, such as compound feeds, concentrates, and premixes, is carefully designed to fulfill the distinct nutritional requirements of specific categories of animals. It plays a pivotal role in maintaining the health, fostering growth, and boosting productivity across a broad spectrum of livestock. Given its role in optimizing animal health, productivity, and nutritional intake, the demand for animal feed is on the rise in Indonesia.
Indonesia Animal Feed Market Trends and Drivers:
Currently, the escalating need for high-quality animal feed that enhances animal immune systems is a significant driver propelling the market growth in Indonesia. Additionally, the increasing consumption of animal-derived products like meat and dairy is reinforcing market expansion. Furthermore, advancements in feed production technologies, such as precision nutrition and feed additives, aimed at enhancing overall feed efficiency, are exerting a positive impact on the Indonesian market. Moreover, the growing adoption of environmentally friendly and sustainable animal feed, aiming to minimize environmental impacts, is presenting attractive growth prospects for investors within the industry in Indonesia. Additionally, industry leaders are innovating feed formulations to reduce waste, optimize resource usage, and mitigate the environmental footprint of animal farming.
Indonesia Animal Feed Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: ADM, BASF SE, PT Cargill Indonesia, IT CJ INDONESIA, Louis Dreyfus Company, PT Central Proteina Prima Tbk (CP Prima), PT Charoen Pokphand Indonesia, Tbk, PT Japfa Comfeed Indonesia Tbk, PT Malindo Feedmill Tbk, and PT Sreeya Sewu Indonesia Tbk.
The report segmented the market on the basis of region, animal type, form and ingredient.
Breakup by Animal Type:
- Swine
- Starter
- Finisher
- Grower
- Ruminants
- Calves
- Dairy Cattle
- Beef Cattle
- Others
- Poultry
- Broilers
- Layers
- Turkeys
- Others
- Aquaculture
- Carps
- Crustaceans
- Mackeral
- Milkfish
- Mollusks
- Salmon
- Others
- Others
Breakup by Form:
- Pellets
- Crumbles
- Mash
- Others
Breakup by Ingredient:
- Cereals
- Oilseed Meal
- Molasses
- Fish Oil and Fish Meal
- Additives
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acids
- Feed Enzymes
- Feed Acidifiers
- Others
- Others
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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