Organic Feed Market Poised for Significant Growth

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Organic Feed Market Poised for Significant Growth

Research and Markets – The global organic feed market size is estimated at US$6.8 billion in 2019 and is projected to reach US$10.1 billion by 2025.

As two of the largest producers of wheat, barley, and soybeans at the global level, Germany and France are projected to witness high growth prospects in their organic sectors in the years to come. In addition, a large number of organic food producers are projected to drive the demand for organic feed in the region.

The livestock industry is also witnessing significant growth in the Asia Pacific region and in South America due to the increase in demand for organic animal-based products, such as eggs, milk, and meat.

These factors have led to an increase in the production and demand for livestock products. Thus, the price of organic feed grains has also increased, which is projected to increase the sales of organic feed in the coming years.

Organic cereals and feed grains

The cereals and grains segment (wheat, corn, and barley) is estimated to account for the largest share in the organic feed market in 2019.

The U.S. is one of the largest wheat and corn-producing countries in the world, and according to the USDA, corn ranks first, soybean ranks second, and wheat ranks third in its field crop production.

Brazil is the largest producer of corn and is ranked among the top global producers. Brazil’s corn exports were 35 million mt in 2018–2019, making it the second-largest global corn exporter after the U.S., according to USDA statistics.

To read the full assessment, visit the Research and Markets website.