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Indonesia Animal Feed Market Report 2023: Industry Overview, Size, Share & Forecast till 2028
Indonesia Animal Feed Market Overview 2023-2028
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.
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.
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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.
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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
o Starter
o Finisher
o Grower
• Ruminants
o Calves
o Dairy Cattle
o Beef Cattle
o Others
• Poultry
o Broilers
o Layers
o Turkeys
o Others
• Aquaculture
o Carps
o Crustaceans
o Mackeral
o Milkfish
o Mollusks
o Salmon
o Others
• Others
Breakup by Form:
• Pellets
• Crumbles
• Mash
• Others
Breakup by Ingredient:
• Cereals
• Oilseed Meal
• Molasses
• Fish Oil and Fish Meal
• Additives
o Antibiotics
o Vitamins
o Antioxidants
o Amino Acids
o Feed Enzymes
o Feed Acidifiers
o Others
• Others
If you want the latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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