Animal Feed Market Driven by Rising Livestock Production and Nutritional Advancements
The global animal feed market was valued at USD 625.29 billion in 2024 and is projected to grow from USD 654.68 billion in 2025 to USD 989.80 billion by 2034, registering a CAGR of 4.70% during the forecast period (2025–2034). The rising global population is significantly increasing the demand for livestock products, which in turn…