Animal Feed Market Size to Project at US$850 billion by 2032

Research Methodology – Animal Feed Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Animal Feed Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Animal Feed Market is developed by integrating key market indicators and macroeconomic variables. These include:

Key Market Indicators

Overall consumption of animal feeds in different regions.
Total output/production of animal feed by manufacturers.
Adoption rate of specialized animal feeds like organic and non-GMO ones.
Market share and revenues of leading animal feed manufacturers.
Growth in the livestock and aquaculture sectors.
The impact of animal diseases and epidemics on feed consumption.

Growth Trends

Rising trend of organic and non-GMO feeds due to changing consumer preference.
Growth in aqua feed market with the expansion of the aquaculture industry.
Shift towards plant-based feeds from traditional cereal-based feeds.
Growth in the pet feed industry with the rise in pet adoption around the world.
Increasing utilization of by-products from the food and biofuel industries as animal feed ingredients.
Technical advancements leading to the development of advanced, nutrition-rich animal feeds.

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Animal Feed Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Animal Feed Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: