Middle East & Africa Animal Feed Market Research Report: Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast (2021-2026)

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Japan, Japan, Mon, 18 Oct 2021 02:40:45 / Comserve Inc. / -- MarkNtel Advisors' research report, "Middle East & Africa Animal Feed Market Analysis, 2021," the market is likely to witness around 3.4% CAGR during 2021-26

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

Animal Feed is the food given to domestic animals while caring and managing them to enhance their health and quickly speed their growth to yield more profit. According to MarkNtel Advisors' research report, "Middle East & Africa Animal Feed Market Analysis, 2021," the market is likely to witness around 3.4% CAGR during 2021-26. It owes to the increased pace of industrial farming due to the health benefits of eggs, milk, and meat and changing consumers' perceptions toward a healthy diet. Further, surging propensity toward meat and dairy products and increased cattle farming also presents lucrative opportunities to accelerate demand for animal feed, thereby propelling the growth of the Animal Feed Market across the Middle East & Africa region.

The lockdown, travel restrictions, and business shutdowns imposed by the government have adversely affected various industries across different countries. The Middle East & Africa Animal Feed Market also witnessed a negative impact on its growth rate. The feed processing industry is one of the most adversely impacted industries due to the severe consequences of the COVID-19 pandemic that caused supply chain & logistic disruptions and the temporary shutdown of production owing to less labor footfall.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-115414
The Final Report will cover the impact analysis of COVID-19 on this industry: Middle East & Africa Animal Feed Market Research Report: Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast (2021-2026)

Pellets Segment Accounted for the Largest Market Share
Based on the Form, the market classifies into Pellets, Crumbles, and Mash. Among these segments, Pellets captured a significant share in the Middle East & Africa Animal Feed Market in the previous few years as they are more digestible. Additionally, they are beneficial in providing a well-balanced diet to animals by preventing them from picking & choosing between ingredients, thereby minimizing the waste while eating. Further, pellets feed reduces the formation of dust as it reduces natural losses. Therefore, these factors are likely to drive the overall segment growth, cites MarkNtel Advisors in their research report, "Middle East and Africa Animal Feed Market Analysis, 2021."

Poultry Segment Dominated the Market
Based on the Livestock, the market segments into Poultry, Ruminant, and Swine Aqua. Among these, Poultry accounted for the largest share in the Middle East & Africa Animal Feed Market in the past few years due to the rising concerns regarding animal health. In addition to this, growing consumer preferences for a specific color of yolk and meat and similarly proportionate intake of meat and eggs has aided the demand for Poultry.

Saudi Arabia Attained the Highest Market Share
Saudi Arabia held the largest share in the Middle East & Africa Animal Feed Market in the previous few years. The growth owes to the high consumption rate of animal-based products like chicken in Saudi Arabia. Thus, surging production and consumption tendencies drive market growth. Furthermore, increasing population, surging disposable incomes, and rising demand for quality meat products by the consumers are other prime factors leading to propel the market growth in Saudi Arabia.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-115414
The Final Report will cover the impact analysis of COVID-19 on this industry: Middle East & Africa Animal Feed Market Research Report: Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast (2021-2026)

Growing Awareness about Animal Wellbeing boost the Market Growth
The mounting trend of owning pet animals and burgeoning expenses on their wellbeing are a few most prominent factors backing the overall market growth. In addition to this, the surging demand for animal protein obtained from milk, eggs, and meats also propels the Animal Feed Market growth in the Middle East & Africa region.

Competitive Landscape
According to MarkNtel Advisors, the major leading players in the Middle East & Africa Animal Feed market are Archer Daniel Midland Co., Cargill Inc., Evonik Industries AG, New Hope Group Co. Ltd, Nutreco NV, Perdue Farms Inc, DSM Nutritional Products, Du Pont, BASF, and Novozymes.

Key Questions Answered in the Market Research Report:
1. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the Middle East & Africa Animal Feed Market?
2. What is the region-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the Middle East & Africa Animal Feed Market?
4. Who are the key competitors, their key strengths & weaknesses, and how they perform in the Middle East & Africa Animal Feed Market based on a competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the Middle East & Africa Animal Feed Market study?

TABLE OF CONTENT

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1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Definition
2. Executive Summary
3. Impact of COVID-19 on Middle East & Africa Animal Feed Market
4. Middle East & Africa Animal Feed Market Trends & Insights
5. Middle East & Africa Animal Feed Market Dynamics
5.1. Drivers
5.2. Challenges

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Hina Miyazu

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

The post Middle East & Africa Animal Feed Market Research Report: Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast (2021-2026) appeared first on Comserveonline.

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