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The pivotal findings and recommendations underscore significant progressive trends within the Horse Feed Market enabling stakeholders to formulate effective long-term strategies. The inaugural Horse Feed Market report explores key questions, including: What was the market size in 2020? What is the current market status? How is the market expected to evolve in the forecast period? What strategic moves are being made by key players? Which region leads the global market? How is the market's competitive analysis conducted? What are the drivers and restraints for the Horse Feed Market? What is the anticipated market standing from 2022 to 2029? What will be the market size in 2022, and what growth rate is expected?
The victorious Horse Feed Market analysis report provides detailed insights into product approvals, R&D activities, and product launches in the Horse Feed Market, conducting a thorough evaluation of market strategies, geographic and business segments, and product portfolios of the leading market players. The report also offers comprehensive information on the product portfolios of the top players in the Horse Feed Market. The Horse Feed Market business report emphasizes key trends in the marketplace, major players and brands, market drivers and constraints, historical and current market size, and projections up to 2029, highlighting the top players in the industry, their product portfolios, and key strategies.
The global horse feed market is expected to grow significantly during the forecast period owing to the increasing concerns about animal nutrition. As a result of this, the horse feed industry has grown enormously over the last few years. As different animal types have different nutritional requirements and feeds often differ from one another. Horse feed is one of the most popular and important types of horse feed for overall health of horses. Therefore, the horse feed market is anticipated to grow at a rapid pace in the forecast period of 2023-2030.
Data Bridge Market Research analyses that the horse feed market is expected to reach USD 11,218.28 million by 2030, which is USD 7709.67 million in 2022, registering a CAGR of 4.80% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Explore Further Details about This Research Horse Feed Market Report
https://www.databridgemarketresearch.com/reports/global-horse-feed-market
Horse Feed Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 - 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Nutrition Type (High Fibre, Low Starch, High Protein, High Fats), Form (Pellets, Cubes, Powder), Ingredients (Cereals, Supplements, Cakes/Meals, Others), Type (Performance, Senior/Old, Professional, Mare and Foal, Others), Distribution Channel (Online Sales, Offline Retail) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | Dow (U.S.), BASF SE (Germany), Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), DuPont (U.S.), Evonik Industries AG (Germany), NOVUS INTERNATIONAL (U.S.A), Alltech (U.S.), Associated British Foods plc (U.K.), Charoen Pokphand Foods PCL (Thailand), Cargill, Incorporated (U.S.), Nutreco (Netherlands), ForFarmers. (Netherlands), De Heus Animal Nutrition (Netherlands), Land O'Lakes (U.S.), Kent Nutrition Group (U.S.), J. D. HEISKELL & CO. (U.S.), Perdue Farms (U.S.), SunOpta (Canada), Scratch and Peck Feeds (U.S.), Agrofeed (Hungary) |
Market Opportunities |
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Market Definition
The horse feed is one such variety of feed which is extremely nutritious for horses because it comprises a mixture of grains such as distiller grain, forage, barley, maize, minerals, sorghum, and wheat, as well as a sufficient amount of supply of minerals and vitamins. Compound horse feedstuff has surpassed straight feedstuff in popularity because it benefits to maintain reliable nutritional consistency, enabling horses to be versatile.
Global Horse Feed Market Dynamics
Drivers
- Increasing popularity of equestrian sports all over the globe
Equestrian sports have developed in popularity in last few years, with people all around the globe, particularly in developed countries, preferring them to others. International recognition of equestrian sports such as dressage events, endurance riding, horse racing and others boosts the demand for horse feed and this drive the growth rate of the market during the forecast period.
- Numerous health benefits associated with horse feed
The horse feed not only meets horses' high energy needs and improves performance, but it also protects and prevents them from muscular disorders such as azoturia and laminitis. Even without a gallbladder, horses need dietary fats and nutrients to perform well. Horses can easily digest dietary fats, which have many nutritional benefits such as omega-6 and omega-3 fatty acids, increased vitamin absorption and so on. The increasing demand for comprehensive horse nutrition is boost the demand for horse feedstuff and drive the growth rate of the market during the forecast period.
Opportunities
- Increasing popularity of horse-related sporting events
Compound horse feedstuff or horse feed gives the horse more strength to perform well in sport events. Horse food manufacturers are also focussing on improving the quality of their horse feed products in order to increase performance. When a horse wins a sport or event, the owner or trainer's food brand fed to the horse becomes popular. Thus, horse-related sports events play a significant role in generating opportunities for major market players to upsurge their sales, as a whole catering overall compound horse foodstuff business.
Key Points mentioned in the Horse Feed Market report:
What was the Horse Feed Market size in 2030?
- What are the moves of key players?
- Which region is leading the market at global level?
- A comprehensive/competitive analysis of the Horse Feed Market?
- What the drivers and restrains are for the Horse Feed Market?
- How will the market stand in the forecast period ?
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