Russia Animal Feed Market Size, Share, Opportunities, And Trends, By Type (Fodder, Forage, Compound Feed), By Livestock (Swine, Aquatic Animals, Cattle, Poultry, Others), By Form (Liquid, Dry), By Production Systems (Integrated, Commercial Mills), By Raw Material (Soya, Corn, Rendered Meal, Others) - Forecasts From 2024 To 2029

Russian animal feed market is projected to reach US$25.356 billion in 2029 from US$19.373 billion in 2022, thereby growing at a CAGR of 3.92%.

Russia is among the leading meat and dairy products such as milk-producing nations in the world and due to rapid urbanization, the overall consumer demand for such end-products has increased which is anticipated to drive the animal feed in the country to bolster product quality.

Moreover, the animal feed market for major segments such as poultry and beef is expected to showcase the fastest growth on account of the increasing bovine and ovine consumption in the country. Though the Russian government is undertaking various efforts to bolster animal farming, however, the outbreak of various animal-related diseases such as Glanders followed by the economic consequences due to the Russia-Ukrain war is expected to pose a challenge to the overall market expansion.

Market Drivers

• Growing emphasis on improving livestock health and products is driving the market.

Animal breeders are emphasizing improving their livestock health to improve their productivity owing to which various innovations and investments in the production and extraction of qualitative feed products are taking place which is expected to bolster the overall market for such ingredients. Moreover, the Russian Agricultural Ministry has also implemented necessary initiatives to meet the requirements of animal farmers in the country.

Also, there has been an improvement in meat production efficiency which is attributable to an increase in competition among domestic players. For instance, according to the FAO “Meat Market Overview Report”, in 2022, Russia’s total meat production capacity stood at 11,227carcass weight equivalent and as per the same source the estimated production in 2023 reached 11,362 carcass weight equivalents.

• Poultry is expected to grow at a significant rate.

By life stock, the Russian animal feed market is analyzed into cattle, swine, poultry, aquatic animals, and others. The poultry segment is anticipated to show significant growth fuelled by the growing consumption of ovine and bovine meat products in the country. For instance, according to the Food and Agriculture Organization’s “Meat Market Overview Report”, in 2022, Russia's overall meat production stood at 11,227 carcass weight equivalents of which poultry accounted for 42.8% followed by pig meat with 40.3%.

The beef segment is anticipated to show significant growth fuelled by the growing demand for protein and nutrients from the people coupled with growing health awareness. As per the above-mentioned source bovine meat utilization stood at 1,814 carcass equivalent weight.

Key Development

• In May 2022, Cherkizovo, a Russian meat, and poultry producer acquired the Russian fast-food business Sibylla Rus from the Atria group. Due to the changing geopolitical situation between Europe and Russia, the Finnish Atria Group disclosed that they do not have any possibility to continue operations in Russia. 

Segmentation:

• By Type
  • Fodder
  • Forage
  • Compound Feed
• By Livestock
  • Cattle
  • Swine
  • Poultry
  • Aquatic Animals
  • Others
• By Form
  • Liquid
  • Dry
• By Production Systems
  • Integrated
  • Commercial mills
• By Raw Materials
  • Soya
  • Corn
  • Rendered Meal
  • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits to the stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. RUSSIA ANIMAL FEED MARKET BY TYPE

5.1. Introduction

5.2. Fodder

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.3. Forage

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.4. Compound Feed

5.4.1. Market Trends and Opportunities

5.4.2. Growth Prospects

6. RUSSIA ANIMAL FEED MARKET BY LIVESTOCK

6.1. Introduction

6.2. Cattle

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.3. Swine

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.4. Poultry

6.4.1. Market Trends and Opportunities

6.4.2. Growth Prospects

6.5. Aquatic Animal

6.5.1. Market Trends and Opportunities

6.5.2. Growth Prospects

6.6. Others

6.6.1. Market Trends and Opportunities

6.6.2. Growth Prospects

7. RUSSIA ANIMAL FEED MARKET BY FORM

7.1. Introduction

7.2. Liquid

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.3. Dry

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

8. RUSSIA ANIMAL FEED MARKET BY RAW MATERIAL

8.1. Introduction

8.2. Soya

8.2.1. Market Trends and Opportunities

8.2.2. Growth Prospects

8.3. Corn

8.3.1. Market Trends and Opportunities

8.3.2. Growth Prospects

8.4. Rendered Meal

8.4.1. Market Trends and Opportunities

8.4.2. Growth Prospects

8.5. Others

8.5.1. Market Trends and Opportunities

8.5.2. Growth Prospects

9. RUSSIA ANIMAL FEED MARKET BY PRODUCTION SYSTEM

9.1. Introduction

9.2. Integrated

9.2.1. Market Trends and Opportunities

9.2.2. Growth Prospects

9.3. Commercial Mills

9.3.1. Market Trends and Opportunities

9.3.2. Growth Prospects

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. Cargill

11.2. Kemin Industries, Inc.

11.3. Novus International

11.4. BASF SE

11.5. Novozymes

11.6. Charoen Pokphand Foods PCL

11.7. Archer Daniels Midland Company

11.8. DSM

Cargill 

Kemin Industries Inc

Novus International

BASF SE

Novozymes

Charoen Pokphand Foods PCL

Archer Daniels Midland Company

DSM