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<br>Indonesia Animal feed market is expected to grow at a compound annual growth rate of 5.13% over the forecast period to reach a market size of US$12.208 billion<br>in 2025 from US$9.043 billion in 2019. The animal health market is one of the emerging markets in the country which is driving the usage of livestock feed in the coming years.
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Indonesia Animal Feed Market forecasts From 2020 To 2025
DESCRIPTION Indonesia Animal feed market is expected to grow at a compound annual growth rate of 5.13% over the forecast period to reach a market size of US$12.208 billion in 2025 from US$9.043 billion in 2019.The export forecasts for beef and chicken meat trade have been constrained due to the current threats from the spread of the COVID-19 virus. This has invariably dampened the demand for animal protein. Further, the widespread closure of the food and beverage establishments, especially those of food services as well as the reduction of tourism and travel has affected the demand for protein.
Key Questions Answered By The Report • What will Indonesia Animal Feed Market from 2019 to 2024? • How are the major drivers and restraints Indonesia Animal Feed Market . • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Global Storage Market: • By Type • Fodder • Forage • Compound Feed • By Livestock • Swine • Aquatic Animals • Cattle • Poultry • Others • By Source • Organic • Conventional
Segments Covered Under Global Storage Market: • By Production Systems • Integrated • Commercial mills • By Form • Liquid • Dry • By Raw Material • Cereals & grains • Wheat • Maize • Barley • Oilseeds • Soybean • Rapeseed • Others • Pulses • Others
COMPANY PROFILES • 3D East Hope Group • Kemin Industries, Inc • Novus International • BASF SE • Novozymes • Simplot Company • Archer Daniels Midland Company • Royal DSM N.V.
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