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The Non-Genetically Modified (GMO) Animal Feed Market size is projected to increase by USD 16.02 billion and the market size is estimated to grow at a CAGR of 7.62% between 2022 and 2027.
This non-gmo animal feed market report extensively covers market segmentation by distribution channel (offline and online), product (poultry, swine, ruminant, aquaculture, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario.
Growing investments and focus on expanding production capabilities a major factors driving the market growth. Manufacturers are focusing on expanding their production capabilities to cater to the growing demand for animal feed products worldwide. Also, they find many growth opportunities in the global markets owing to the rising demand for meat products. In addition, the increase in production capacity assures that they are well-positioned to cater to customer requirements across markets. For instance, in February 2020, Archer Daniels Midland announced plans to expand its production capabilities for non-GMO soy protein in the Netherlands. Such expansion by the vendors will increase the sales of non-GMO animal feed products which in turn will accelerate the growth rate of the non-GMO animal feed market during the forecast period.
The Non-GMO Animal Feed Market shows an acceleration during the forecast period.
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Rising investment in R&D activities in non-GMO animal feed is an emerging trend shaping the market growth. Increased investment by the market players and associations in the research and development of innovative products positively impacts the growth of the non-genetically modified (GMO) animal feed market. For instance, in September 2021, Nature's Path announced the launch of a new muesli and cereal keto line. The innovative range of keto products includes two organic keto cereals and three new Ketola crunch granolas. Nature's Path's new keto products are non-GMO, gluten-free, completely organic, plant-based, and dairy-free, and contain no artificial sweeteners or flavours. Enterprises are initiating to digitize their consumer products to diversify and expand their market presence worldwide.
For instance, in April 2021, United Natural Foods, Inc. launched the community marketplace, an inter-company digital e-commerce solution for developing brands to expand distribution with UNFI's customers. This virtual marketplace benefits manufacturers who have instant access to UNFI's digital infrastructure to sell and advertise their products to UNFI's broad customer base which can result in non-genetically modified (GMO) animal feed market expansion. Therefore, the increasing investment in research and development activities will hinder the growth of the market during the forecast period.
False claims about non-GMO feed products are a significant challenge hindering the market growth. The false and misleading claims by various retailers could influence the non-genetically modified (GMO) animal feed market. Companies such as Marks and Spencer, Coop, and Tesco were also misleading their consumers by asserting that non-GMO feed products were not available in the market, a claim that was found to be false again. In Brazil alone, there are sufficiently non-GMO animal feed products for the entire of Europe. As consumers in countries such as Germany, the UK, and France do not prefer GMO feed products which can have a positive impact on the non-genetically modified animal feed market, the quantity of non-GMO feed products being imported into Europe is rising every year.
Moreover, a more recent survey confirmed that 67% of consumers demanded that meat, eggs, and dairy products be marked accurately if they are derived from animals that were fed GMO feed products. Therefore, the untrue claims about non-GMO feed products will impede the growth of the global non-GMO animal feed market during the forecast period.
A significant rise in the demand for non-GMO poultry feed is anticipated to contribute to the market growth. This is attributed to the upsurge in global poultry farming. However, the growing majority of poultry diseases such as bird flu is anticipated to negatively impact the poultry segment of the global non-GMO animal feed market in the coming years as it may decrease the demand for poultry. In addition, the segment is experiencing certain challenges due to the outbreak of the COVID-19 pandemic. The pandemic has adversely impacted poultry production in many countries, such as the US and India. Additionally, owing to the lockdown and the closure of restaurants and other eateries, the prices of poultry have declined in India which also impacted the non-GMO animal feed market. Therefore such factors have negatively affected the sales of non-GMO feed products for poultry, which, in turn, will hinder the potential growth of the market during the forecast period.
The market share growth by the offline segment will be significant during the forecast period. The offline distribution channel for the non-GMO animal feed market is important for farmers and livestock owners who prefer in-person interactions, require immediate access to products, or are situated in locations with poor Internet connectivity. Conventional agricultural supply stores are the primary offline distribution channel for non-GMO animal feed.
The offline segment was the largest and was valued at USD 16.48 billion in 2017
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Farmers frequently gather at auctions, and non-GMO feed market companies may be attending there to publicise their offerings and build relationships with customers. Several non-GMO animal feed market manufacturers sell their goods directly to consumers at farmers' markets or through on-farm retail outlets. Non-GMO animal feed manufacturers can effectively inform farmers about their products and benefits by planning workshops, seminars, and farm visits. Animal feed is often purchased in bulk by farmers. Therefore, delivering bulk buying options via offline channels, such as on-farm bulk bins or distribution centres, can be beneficial. Consequently, creating faith and sustaining healthy relationships with local farmers and agricultural communities will drive the growth of the market in the offline distribution channel segment during the forecast period.
North America is estimated to contribute 35% to the growth of the global market during the forecast period
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Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America is experiencing a transformation of healthy and nutritious animal feed products as awareness of the benefits of non-GMO products, such as enhancing livestock performance and health conditions. Due to the high production of feed crops such as soy and corn, which can significantly impact the non-genetically modified (GMO) animal feed, the prices of animal feed products are relatively lower in the region. However, the costs of animal feed products are comparatively lower in the region than in other geographies. North America produces a third of the beef cattle feed, which is five times the production volume of the next-largest producer. Such factors are expected to drive market growth in the region during the forecast period.
In 2020, the market in the region witnessed certain challenges due to the COVID-19 pandemic. However, the region is gradually driving its economic activities and simultaneously conducting large-scale vaccination drives, which subsequently support the growth of the regional economy as well as the non-genetically modified animal feed market growth through market expansions. These factors are expected to expand livestock activities, which, in turn, will boost the growth of the regional market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The non-gmo animal feed market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The non-GMO animal feed market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Non-GMO Animal Feed Market Scope |
|
Report Coverage |
Details |
Page number |
171 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.62% |
Market growth 2023-2027 |
USD 16.02 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
6.62 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 35% |
Key countries |
US, Canada, China, Germany, and Russia |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Advanced Biological Concepts, Archer Daniels Midland Co., Bar ALE Inc., BUFFALO MOLASSES LLC, Bunge Ltd., Canadian Organic Feeds Ltd., Cereal Docks Spa, Chaffhaye, Charles River Laboratories International Inc., Clark Specialty Grains, Conagra Brands Inc., Dawson Gap Farm LLC, DG Global Inc., Ernst Grain and Livestock, General Mills Inc., Givaudan SA, Hiland Naturals, Modesto Milling Inc., Nestle SA, and The Kraft Heinz Co. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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