Key Market Indicators
Australia's animal feed exports are predicted to drop to 90 million kilograms by 2026, down from 107 million kilograms in 2021. This marks an average decrease of 2.9% year-on-year since 1993. Norway led the rankings in 2021, while Australia placed 28th. Germany, Belgium and the United States were the next three countries in the rankings. Meanwhile, Australia's animal feed imports are expected to reach 173 million kilograms by 2026, up from 141 million kilograms in 2021. This is a 3.2% average year-on-year increase since 1993. China topped the rankings in 2021, with Australia coming in at 33rd. Germany, Belgium and Ireland were the next three countries in the rankings.
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Animal Feed Sector: Exploring Growth, Trends, and Opportunities in the Global Market
Growth in the global feed sector is primarily driven by an increasing demand for animal protein. Urbanization, rising incomes, population growth, and shifts in dietary preferences towards higher protein diets are fuelling a significant demand for meat and dairy products. As industries ramp up their livestock production levels to meet...
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Prepared Animal Feed: Global Outlook and Emerging Market Trends
The prepared animal feed industry on a global scale reveals steady growth, largely driven by increased industrial livestock production. Technological advancements have allowed diversified range of premium, specialized feeds, as the nutritional needs specific to each species of livestock is recognized. Furthermore, burgeoning livestock populations and intensified farming practices prop...
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Animal Feed Industry: In-Depth Analysis of Market Trends and Future Prospects
The Animal Feed Industry is experiencing substantial growth, driven by increased demand for protein-rich diets and the surge in global meat consumption. Evolving health standards and mounting concerns about the environmental impact of meat production are pushing towards stringent criteria for animal feed, making nutritional quality a prime focus. Furthermore,...
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Exploring Market Dynamics: Unveiling the Global Forecast for Feed Acidifiers
Feed acidifiers are organic acids used in animal feed to improve the livestock's gut health and increase the nutritional absorption process. They also play an essential role in preventing microbial diseases and enhancing food productivity. The need to increase the overall livestock health and yield has led to an accentuated...
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Feeding Systems: Delving Into Automation and Distribution in a Modern Age
The emergence of automation within contemporary feeding systems plays a crucial role in fostering efficiency and scalability. It has significantly minimised human error and accelerated the rate of production. This advancement has brought forward high precision and punctuality in dispersing quantities, translating to healthier livestock and improved yields, thus contributing...
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