Ukraine Animal Feed Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Fodder, Forage, Compound Feed), By Livestock (Swine, Aquatic Animals, Cattle, Poultry, Others), By Raw Materials (Soya, Canola, Rendered Meal, Others), And By Production Systems (Integrated, Commercial Mills) - Forecasts From 2022 To 2027
- Published : Nov 2022
- Report Code : KSI061612391
- Pages : 85
The Ukraine animal feed market vas valued at US$2.759 billion in 2020.
Growing consumer consciousness regarding the safety of animal-based feed, coupled with the outbreaks of infectious diseases within animals, is expected to be a primary factor influencing the demand for animal feed during the analyzed period. Feed for animals is food products grown and produced for consumption by species like swine, aquatic animals, poultry, and ruminants, among others. It is made by the combination of high-nutritional-value products. The growing demands of users for animal-based products are expected to accelerate the growth of the animal feed market in Ukraine. The industry is projected to grow as a result of a huge emphasis being laid on animal care. Further, the higher emphasis directed on the health of farm animals and the increasing movement of adherents of organic farming is expected to drive growth in the animal feed market. Steadily inclining livestock farming is expected to result in an increased animal feed demand in the country.
Ukraine’s Animal Feed Market Growth Factors
The primary drivers of expansion in Ukraine are expected to be the country's huge agricultural holdings, along with the advancement of compound feed exports. Ukraine’s agricultural strength on a worldwide scale, as well as the key sectors such as feed ingredient production, feed production, livestock farming, poultry production, egg production, and the export of these products, are expected to play a key role in the growth of the animal feed market in the region. According to Ukraine's agricultural ministry, Ukraine is considered a critical country for global food security.
The export possibilities of chicken meat and table egg have encouraged modern industrial production in the country and thus, resulted in an increase in poultry feed production which reached about 66 % of total compound feed production. Cattle and pig production are not yet industrialized and thus, are not fed enough by the compound feed. Investment in modern pig and cattle farms is expected to increase the demand for compound feed usage since more efficient meat production will result in the cost of meat being more competitive for export markets, which would thus, attribute to the growth of the market.
Challenges
Market opportunities are predicted to be shunned in a short term due to the strong regulatory framework controlling animal feed production in the country. The higher variation of raw material costs, as well as the branding of oil and fat products and safety concerns, are presumed to restrain the growth of the Ukrainian animal feed market in the forecast period.
Key Insights
- February 2022: Due to attacks by Russia, the ports of Mariupol and Odessa in Ukraine were already closed. This situation of tension between the two nations caused the decline of the animal feed market in Ukraine due to decreased production and exports.
- May 2021: Animal health and nutrition company, Alltech launched a new line of LifeForce premium equine supplements into the market
COVID-19 Impact on Ukraine Animal Feed Market:
HoReCa shutdowns around the country due to the outbreak of the virus had a negative impact on the animal feed industry. Due to the drastic shift in consumer consumption patterns caused by the COVID-19 outbreak, producers were forced to reconsider their plans and strategies. Lamb yield, aquaculture, veal, and beef production were among the worst affected industries. Fish farming farmers and farm animal producers in the country were forced to call for emergency management measures in order to mitigate the effects of the pandemic. The consumption rate of fish and meat also decreased dramatically. As a result, demand for animal feed decreased significantly due to the coronavirus in the country.
Ukraine Animal Feed Market Scope:
Report Metric | Details |
Market Size Value in 2020 | US$2.759 billion |
Growth Rate | CAGR during the forecast period |
Base Year | 2020 |
Forecast Period | 2022–2027 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Type, Livestock, Raw Materials, And Production Systems |
Companies Covered | Nutreco, Novus International, Cargill, Novozymes, Royal Agrifirm Group, BASF SE, Charoen Pokphand Foods PCL, Archer Daniels Midland Company |
Customization Scope | Free report customization with purchase |
Segmentation
- By Type
- Fodder
- Forage
- Compound Feed
- By Livestock
- Swine
- Aquatic Animals
- Cattle
- Poultry
- Others
- By Raw Materials
- Soya
- Canola
- Rendered Meal
- Others
- By Production Systems
- Integrated
- Commercial mills
1. INTRODUCTION
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.4. CURRENCY
1.5. ASSUMPTIONS
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. PORTER’S FIVE FORCE ANALYSIS
4.5. INDUSTRY VALUE CHAIN ANALYSIS
5. UKRAINE ANIMAL FEED MARKET BY TYPE
5.1. FODDER
5.2. FORAGE
5.3. COMPOUND FEED
6. UKRAINE ANIMAL FEED MARKET BY LIVESTOCKS
6.1. PORK
6.2. AQUATIC ANIMALS
6.3. CATTLE
6.4. POULTRY
6.5. OTHERS
7. UKRAINE ANIMAL FEED MARKET BY RAW MATERIAL
7.1. SOYA
7.2. CORN
7.3. RENDERED MEAL
8. 7.4 OTHERS
9. UKRAINE ANIMAL FEED MARKET BY PRODUCTION SYSTEMS
9.1. INTEGRATED
9.2. COMMERCIAL MILLS
10. COMPETITIVE INTELLIGENCE
10.1. MAJOR PLAYERS AND STRATEGY ANALYSIS
10.2. EMERGING PLAYERS AND MARKET LUCRATIVE
10.3. MERGERS, ACQUISITION, AGREEMENTS, AND COLLABORATIONS
10.4. VENDOR COMPETITIVENESS MATRIX
11. COMPANY PROFILES
11.1. NUTRECO
11.2. NOVUS INTERNATIONAL
11.3. CARGILL
11.4. NOVOZYMES
11.5. ROYAL AGRIFIRM GROUP
11.6. BASF SE
11.7. CHAROEN POKPHAND FOODS PCL
11.8. ARCHER DANIELS MIDLAND COMPANY
Nutreco
Novus International
Cargill
Novozymes
BASF SE
Charoen Pokphand Foods PCL
Archer Daniels Midland Company
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