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.
More Info:- https://www.imarcgroup.com/indonesia-animal-feed-market
2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Indonesia Animal Feed
Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast
2023-2028," the Indonesia animal feed market size reached US$ 7.9 Billion in
2022.
Factors Affecting the Growth of the Indonesia Animal Feed Industry:
Demand for Protein-Rich Food from Livestock:
The growing need for protein-rich food sources represents one of the crucial
factors impelling the growth of the market in Indonesia. Besides this, the rising
consumption of meat and dairy products is contributing to the market growth.
This need for high-quality livestock products encourages farmers to focus on
the nutritional value of animal feed, as it directly impacts the quality of the end
products. Farmers are also focusing on investing in various customized feed
formulations, which help in targeting various specific health concerns of
animals.
4. Report Highlight
and Description
Organic and Natural Feed Ingredients:
Increasing preference for organic and natural feed ingredients is another key
factor driving the animal feed market in Indonesia. This is fueled by the
growing awareness among the masses about the health and environmental and
ethical implications of feed ingredients. The rising shift towards organic and
sustainable farming practices is driving the demand for feed products that are
free from synthetic additives, genetically modified organisms (GMOs), and
antibiotics.
This shift is also encouraging feed manufacturers to invest in sourcing natural
ingredients and developing organic feed products that meet these new
consumer preferences. Additionally, the demand for organic feed is not only
seen in livestock farming but also the aquaculture and pet food sectors,
indicating a comprehensive shift towards more natural and sustainable
practices in animal nutrition.
Technological Advancements in Feed Production:
The adoption of modern feed production techniques is significantly improving
the efficiency and quality of animal feed. These advancements include the
development of new feed formulations that provide balanced nutrition, the use
of feed additives to improve animal health and growth rates, and the
implementation of automated systems for feed processing and distribution.
5. Report Highlight
and Description
The integration of technology in feed production enhances the nutritional
content of the feed and reduces the cost of production, making it more
affordable for farmers. Additionally, the use of data analytics and artificial
intelligence (AI) in predicting the nutritional requirements of animals and in
optimizing feed composition is leading to more personalized and effective feed
solutions.
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6. Report Description
Indonesia Animal Feed Market Trends:
The rising shift towards specialized and customized feed solutions, driven by a deeper understanding of different
nutritional requirements across various animal species, breeds, and life stages, is contributing to the growth of
the market. This is encouraging producers to offer a wider range of feed products specifically formulated for
different purposes, such as enhancing growth rates, improving reproductive health, or increasing disease
resistance.
The growing demand for high-quality aquafeed is driving innovations in feed formulations that promote better
growth, disease resistance, and feed conversion rates in aquatic species. The development of sustainable and
eco-friendly aquafeeds, which reduce the ecological impact of aquaculture is bolstering the market growth.
Looking forward, the market is anticipated to reach US$ 10.6 Billion by 2028, exhibiting a growth rate
(CAGR) of 4.8% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/indonesia-animal-feed-market
7. Report
Segmentation
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
9. Report
Segmentation
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
10. Competitive
Landscape with
Key Players
• 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
• PT Sreeya Sewu Indonesia Tbk
11. Key Questions
Answered in
the Report
How has the Indonesia animal feed market performed so far,
and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the
Indonesia animal feed market?
What is the impact of each driver, restraint, and opportunity
on the Indonesia animal feed market?
What is the breakup of the market based on the animal type?
Which is the most attractive animal type in the Indonesia
animal feed market?
What is the breakup of the market based on the form?
Which is the most attractive form in the Indonesia animal feed
market?
12. Key Questions
Answered in
the Report
What is the breakup of the market based on the ingredient?
Which is the most attractive ingredient in the Indonesia
animal feed market?
What is the competitive structure of the Indonesia animal feed
market?
Who are the key players/companies in the Indonesia animal
feed market?
13. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Indonesia Animal Feed Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Animal Type
6.1 Swine
6.1.1 Mark et Trends
6.1.2 Key Segments
6.1.2.1 Starter
6.1.2.2 Finisher
6.1.2.3 Grower
6.1.3 Mark et Forecast
6.2 Ruminants
6.2.1 Mark et Trends
6.2.2 Key Segments
14. Table of
Contents
6.2.2.1 Calves
6.2.2.2 Dairy Cattle
6.2.2.3 Beef Cattle
6.2.2.4 Others
6.2.3 Market Forecast
6.3 Poultry
6.3.1 Mark et Trends
6.3.2 Key Segments
6.3.2.1 Broilers
6.3.2.2 Layers
6.3.2.3 Turkeys
6.3.2.4 Others
6.3.3 Mark et Forecast
6.4 Aquaculture
6.4.1 Mark et Trends
6.4.2 Key Segments
6.4.2.1 Carps
6.4.2.2 Crustaceans
6.4.2.3 Mack eral
6.4.2.4 Milk f ish
6.4.2.5 Mollusk s
6.4.2.6 Salmon
6.4.2.7 Others
6.4.3 Mark et Forecast
6.5 Others
6.5.1 Mark et Trends
6.5.2 Mark et Forecast
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market/toc