Non-GMO Feed Market Size, Share, Opportunities, And Trends By Products (Soybean, Corn, Alfalfa, Others), By Livestock (Poultry, Swine, Ruminant, Aquaculture, Dairy, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Jun 2023
  • Report Code : KSI061615324
  • Pages : 140
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Non-GMO Feed Market is projected to grow steadily during the forecast period.

Non-GMO feed denotes that no chemicals were sprayed directly on the live crop, indicating that the corn, alfalfa, and corn silage that make up the feed are made from unmodified corn, alfalfa, and corn plants. Animal products that are not genetically modified (non-GMO) have not been injected with a variety of antibiotics or growth hormones, which can otherwise cause havoc on the body. Omega fatty acids and other important vitamins and minerals are discovered to be more abundant in non-GMO feed. Non-GMO feed are 100% natural, especially when they are cultivated organically utilising natural farming techniques, which is the most crucial aspect to take into account. In addition to boosting the overall quality of life, it helps sustainable living and healthy lifestyles for the livestock.

The government's initiatives and projects to promote non-GMO feed, growing environmental concerns and research, and health awareness are propelling this industry ahead.

Farmers and other livestock breeders choose non-GMO feed as it is free of pesticides and other dangerous components that could have abnormal effects on the cattle. Animal products, including poultry, dairy, and fish items, are more clean and healthy when compared to alternatives as the feed is entirely natural. In order to produce healthy products and take advantage of rising health consciousness, farmers are consequently motivated to switch to non-GMO feed for their animals as a result of the healthy livestock product output due to non-GMO feed. As a result, these animals produce more and live considerably longer and healthier lives. Further, an article from Oregon State University from October 2022 asserted that discarded hemp biomass can be used as a safe ruminant feed and a superior livestock feed to alfalfa. According to the study, the research team found that the entire natural discarded hemp biomass was comparable to alfalfa and had a lower flavour and greater digestibility.

The growing demand for non-GMO feed around the world is being driven by consumers and other non-profit organizations like the Non-GMO Project. For instance, the United States Department of Agriculture announced in August 2022 that it would invest US$300 million in a new Organic Transition Initiative that would help create better and new markets and revenue streams for farmers and producers.

The development of this sector is hampered by the expensive non-GMO feed and complicated procedures used to develop the feed.

Since non-GMO feed entirely relies on nature, no external modifications or assistance are employed, making the process more complex and costly. Non-GMO food products are priced high since the development process is complex and therefore more expensive. This prevents these products from being sold, which ultimately slows the market's expansion.

Key Developments

  • A new texture system called Puremul was introduced in September 2022 by Kerry, an Irish public food corporation, to replace sunflower lecithin and mono- and diglycerides. The ingredient uses a non-GMO substitute to get around the problems with sunflower supply. It has numerous uses, including in baked goods and plant-based beverages. It is made from acacia that is responsibly harvested, certified kosher, and free of the top eight allergies.
  • Australian Oilseeds Investments Pty Ltd., and EDOC Acquisition Corp., a special purpose acquisition company, announced their agreement to join forces in December 2022. Australian Oilseeds Holdings Limited, a newly created subsidiary, will attempt to list on the Nasdaq. The deal offers a post-combination valuation for Australian Oilseeds Investments Pty Ltd of $190 million. Australian Oilseeds Investments Pty Ltd has been processing, producing, and marketing non-GMO oilseeds and organic and non-organic food-grade oils for the rapidly expanding oilseeds market for more than 20 years.

North America has a significant market share in the non-GMO feed sector, the Asia Pacific region is predicted to grow faster.

Due to the distinct advantages of the products, including low chemical use during manufacturing and environmental friendliness, growing consumer awareness of non-GMO products, and the presence of a sizable animal population, North America dominates the market for non-GMO feed. However, Asian consumers are becoming more interested in non-GMO feed at the same time as their ethical and environmental concerns are growing. Asian markets for food and nutrition are evolving, driven in part by issues with food safety in China, a rise in the demand for natural products, and the region's large demand for livestock.

Non-GMO Feed Market Scope:

 

Report Metric Details
Growth Rate CAGR during the forecast period
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered Product, Livestock, and Geography
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered Archer Daniels Midland Company, Hiland Naturals, Bunge Ltd., Texas Natural Feeds, Zeeland Farm Services, Inc., Ernst Grain & Livestock, Modesto Milling Inc., Sunrise Farms Inc.
Customization Scope Free report customization with purchase

 

Key Market Segments

  • By Product
    • Soybean
    • Corn
    • Alfalfa
    • Others
  • By Livestock
    • Poultry
    • Swine
    • Ruminant
    • Aquaculture
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East And Africa
      • Saudi Arabia
      • Israel
      • Other
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Thailand
      • Indonesia
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Market Segmentation

2. RESEARCH METHODOLOGY

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Powers of Buyers

4.3.3. Threat of Substitutes

4.3.4. The Threat of New Entrants

4.3.5. Competitive Rivalry in Industry

4.4. Industry Value Chain Analysis

5. NON-GMO FEED MARKET ANALYSIS, BY PRODUCTS 

5.1. Introduction

5.2. Soybean

5.3. Corn

5.4. Alfalfa

5.5. Others

6. NON-GMO FEED MARKET ANALYSIS, BY LIVESTOCK

6.1. Introduction

6.2. Poultry

6.3. Swine

6.4. Ruminant

6.5. Aquaculture

6.6. Others

7. NON-GMO FEED MARKET ANALYSIS, BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. Germany

7.4.2. France

7.4.3. United Kingdom

7.4.4. Spain

7.4.5. Others

7.5. Middle East And Africa

7.5.1. Saudi Arabia

7.5.2. Israel

7.5.3. Other

7.6. Asia Pacific

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Thailand

7.6.6. Indonesia 

7.6.7. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisition, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. Archer Daniels Midland Company

9.2. Hiland Naturals,

9.3. Bunge Ltd.,

9.4. Texas Natural Feeds

9.5. Zeeland Farm Services, Inc.

9.6. Ernst Grain & Livestock,

9.7. Modesto Milling Inc.

9.8. Sunrise Farms Inc.,

Archer Daniels Midland Company

Hiland Naturals,

Bunge Ltd.,

Texas Natural Feeds

Zeeland Farm Services, Inc.

Ernst Grain & Livestock,

Modesto Milling Inc.

Sunrise Farms Inc.,