Global Horse Feed Market, By Nutrition Type (High Fiber, 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), Application (Online Sales, Offline Retail), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Horse feed market is expected to grow at a rate of 4.30% in the forecast period 2021 to 2028. Increasing demand for horse nutrition and health which will likely to act as a factor for the horse feed market in the forecast period of 2021- 2028.
One such variety of feed that is highly nutritious for horses is the compound horse feedstuff as it contains a mixture of grains such as barley, maize, grain of distiller, forage, minerals, sorghum, wheat along with a sufficient supply of vitamins and minerals. Compound horse feedstuff has taken priority over straight feedstuff as it helps to maintain consistent nutritional consistency that allows horses to be versatile.
Growing international recognition of equestrian sports, such as horse racing, events, dressage, endurance riding, among others, increasing penetration of health and wellness trend in different kinds of animal feed, increased demand for horse nutrition, variant feed supplement and need for healthy alternative meat, growing non-GMO trend already underway in the animal feed industry, large number of companies are filtering the ingredients used in manufacturing compound horse feedstuff are some of the major as well as important factors which will likely to augment the growth of the horse feed market in the projected timeframe of 2021-2028. On the other hand, increasing growth of the food processing industries along with increasing availability of various types of organic feeds which will further contribute by generating immense opportunities that will led to the growth of the horse feed market in the above mentioned projected timeframe.
Limitations on animal sport along with along with ban horseracing and animal entertainment shows such as dog shows which will likely to act as market restraints factor for the growth of the horse feed in the above mentioned projected timeframe. Volatility in the prices of raw material which will become the biggest and foremost challenge for the growth of the market.
This horse feed market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on horse feed market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Horse Feed Market Scope and Market Size
Horse feed market is segmented on the basis of nutrition type, ingredients, form, type, and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of nutrition type, the horse feed market is segmented into high fiber, low starch, high protein, and high fats.
- Based on ingredients, the horse feed market is segmented into cereals, supplements, cakes/meals, and others.
- Based on the form, the horse feed market is segmented into pellets, cubes, and powder.
- On the basis of type, the horse feed market is segmented into performance, senior/old, professional, mare and foal, and others.
- The horse feed market is also segmented on the basis of application. The application is segmented into online sales, and offline retail.
Horse Feed Market Country Level Analysis
Horse feed market is analysed and market size, volume information is provided by country, nutrition type, ingredients, form, type, and application as referenced above.
The countries covered in the horse feed market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
China dominates the Asia-Pacific horse feed market due to the growing demand for horse nutrition along with rising utilization of product in various food processing industries in the region while North America region will expect to grow in the horse feed market during the forecast period of 2021-2028 due to the rising demand of the product as it will provide high energy and required amount of fat.
The country section of the horse feed market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Horse Feed Market Share Analysis
Horse feed market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to horse feed market.
The major players covered in the horse feed report are Glanbia Ireland; Hubbard Feeds.; BAILEYS HORSE FEEDS; Purina Animal Nutrition LLC.; EquiFirst Nederland; Big V Feeds; Cargill, Incorporated.; Nutriquine/Cavalor; Triple Crown Nutrition, Inc.; Epol.; West Feeds, Inc; Allen & Page Quality Horse Feeds; Rowen Barbary; Mars, Incorporated.; Target Feeds.; HorseTech.; FarmVet; Omega Fields.; ForFarmers.; A-One Feed Supplements Ltd; WESenterprises; Jupe Feeds Incorporated; Adisseo; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Horse Feed Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.