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 theIndonesia animal feed market report, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Animal feed is a food product that is designed to provide essential nutrients and promote proper growth and development in animals. It comprises various food products, such as sprouted grains, oilseeds, silage, hay, straw, and legumes. It is a rich source of fiber, vitamins, proteins, minerals, enzymes, carbohydrates, and acidifiers. It aids in enhancing optimal animal health and productivity and improving animal nutrition. As it assists in ensuring the health and well-being of livestock, poultry, and aquaculture, the demand for animal feed is increasing in Indonesia.

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.

Indonesia Animal Feed Market Trends and Drivers:

At present, the rising awareness about food safety among consumers represents one of the key factors supporting the growth of the market in Indonesia. Besides this, the growing demand for animal feed due to the rising consumption of animal protein among individuals in Indonesia is positively influencing the market. Moreover, the increasing adoption of animal feed to boost the immune system of animals is contributing to the growth of the market in the country. Apart from this, the rising popularity of specialized animal feed that aids in disease prevention is strengthening the growth of the market in Indonesia. Furthermore, the increasing employment of high-quality animal feed due to the rising awareness among farmers about animal health is impelling the growth of the market in the country.

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)

Porters Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

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