Organic Feed Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (undefined)

Organic Feed Market Trends

• Focus on enhancing palatability: Organic feeds usually have lower palatability than conventional feeds, due to the absence of added flavors and supplements. This results in lower feed intake and productivity. Leading organic feed companies are extensively investing in R&D to develop innovative natural supplements like essential oils, yeast extracts, microalgae to enhance the smell, taste, and texture of organic feed without compromising on nutrition. The focus on palatability is expected to continue shaping product innovation in the organic feed market.
• Adoption of precision nutrition techniques: Feed manufacturers are leveraging advanced techniques like precision nutrition to create organic feed formulations that are tailored to the nutritional requirements of specific animal categories, based on breed, age, weight, lactation cycled, and others. Precision nutrition accounting for inter-animal variations can help improve feed efficiency. Companies like Cargill and Adisseo (A worldwide leader in nutritional solution and additives for animal feed) have precision nutrition platforms to design optimal organic feed formulas. The application of such techniques will enable development of highly customized and nutrient-rich organic feeds.
• Creating nutritionally balanced feed formulas: The key technical challenge in organic feeds is balancing the nutritional composition in absence of synthetic amino acids, vitamins, and minerals that are used in conventional feeds. Companies are mitigating this through extensive R&D to identify organic sources of essential nutrients like proteins, omega fatty acids, and strategically combining multiple organic ingredients to develop innovative, wholesome and nutritionally balanced feed products without any deficiencies. Such initiatives will allow increasing nutritional value in organic feeds.
• Investments in developing natural feed additives: Feed additives like vitamins, amino acids, and phytogenic is largely synthesized chemically in conventional feeds. Creating effective natural alternatives has been a big R&D focus area for organic feed producers. Companies are collaborating with research institutes to identify and develop plant-based additives with antimicrobial, anti-oxidant, and gut health benefits. Investments by leading firms in discovering new natural additives will lead to introduction of more diverse and beneficial organic feed ingredients.

Organic Feed Market Regional Insights

• North America is expected to be the largest market for organic feed market during the forecast period, accounting for over 38% of the market share in 2023. The growth of the market in North America is due to the rising awareness regarding benefits of organic feeds, presence of major manufacturers, and increasing organic meat consumption.
• The Asia Pacific market is expected to be the second-largest market for organic feed market, accounting for over 28% of the market share in 2023. The growth of the market in is due to growing organic agriculture, government promotion of organic products, and increasing demand from livestock industry.
• The Europe market is expected to be the fastest-growing market for organic feed market, with a CAGR of over 14% during the forecast period. The growth of the market in Europe is due to stringent regulations on antibiotic use in feed, consumer preference for organic products and investments in research and developments (R&D).

Figure 1. Organic Feed Market Share (%), By Region, 2023