Animal feed is the food that is fed to domestic animals, particularly livestock, in the course of their care. Fodder and forage are the two most common types. When the word feed is used alone, it usually refers to fodder. Animal feed is a crucial component of animal agriculture, and it is typically the most expensive part of the process. Farms generally strive to cut costs by growing their own food, grazing animals, or supplementing expensive feeds with cheaper alternatives, such as food waste from beer manufacturing.
Animal health is highly reliant on feed that provides a well-balanced diet. Some current agricultural techniques, such as grain-feeding cows or keeping them in feedlots, are bad for the environment and the animals. Increased maize or other grain in cow diet, for example, causes their microbiomes to become more acidic, compromising their immune systems and making cows a more likely vector for E.coli. Other feeding habits, on the other hand, can help animals. Feeding cows certain types of seaweed, for example, reduces their methane production, lowering greenhouse gas emissions from meat production.
From US$345.434 billion in 2020 to US$460.322 billion in 2026, the animal feed industry is expected to increase at a CAGR of 4.90 percent. Animal feeds are the goods that are responsible for boosting the health of animals. Depending on the animal, different doses of the feed are provided. During the projected period, rapid urbanization and rising consumption of meat and other end products such as milk and eggs in various areas will drive the animal feed market growth potential. By delivering enriched nutrients with the feedstuff, the feed aids in the enhancement of the animal's capacities, accelerating growth and weight gain, and improving immunity.
Few Indian Major Players
1. Annam Feeds Pvt. Ltd.
2. Baramati Agro Ltd.
3. C P Aquaculture (India) Pvt. Ltd.
4. Ekta Agro Inds. Ltd.
5. Grobest Feeds Corpn. (India) Pvt. Ltd.
6. Heritage Nutrivet Ltd.
7. Intercorp Biotech Ltd.