Table of Contents: 1 Executive Summary 2 Market Introduction 2.1 Definition 2.2 Scope of the Study 2.3 List of Assumptions 2.4 Market Structure 2.5 Key Takeaways 3 Research Methodology 3.1 Research Process 3.2 Primary Research 3.3 Secondary Research 3.4 Market Size Estimation 3.5 Forecast Model 4 Market Dynamics 4.1 Introduction 4.2 Drivers 4.2.1 Increasing industrial livestock production 4.2.2 Fortification of animal feed 4.3 Restraints 4.3.1 Rising cost of raw materials 4.3.2 Government regulations 4.4 Opportunities 4.4.1 Massive growth in aquaculture sector 4.5 Challenges 4.5.1 Sustainability of feed and livestock chain 5 Market Factor Analysis 5.1 Value Chain Analysis 5.2 Supply Chain Analysis 5.3 Porter’s Five Forces Model 5.3.1 Threat of New Entrants 5.3.2 Bargaining Power of Suppliers 5.3.3 Threat of Substitutes 5.3.4 Bargaining Power of Buyers 5.3.5 Internal Rivalry 6 Global Animal Feed Market, by Form 6.1 Overview 6.1.1 Pellets 6.1.2 Crumbles 6.1.3 Mash 6.1.4 Others 7 Global Animal Feed Market, by Species 7.1 Overview 7.1.1 Poultry 7.1.2 Ruminants 7.1.3 Swine 7.1.4 Aqua 7.1.5 Others 8 Global Animal Feed Market, by Region 8.1 North America 8.2 Europe 8.3 Asia Pacific 8.4 Rest of World 9 Competitive Landscape 10 Company Profiles 10.1 Charoen Pokphand Group 10.1.1 Company Overview 10.1.2 Financial Overview 10.1.3 Products Offered 10.1.4 Key Developments 10.1.5 SWOT Analysis 10.1.6 Key Strategy 10.2 Cargill, Inc 10.2.1 Company Overview 10.2.2 Financial Overview 10.2.3 Products Offered 10.2.4 Key Developments 10.2.5 SWOT Analysis 10.2.6 Key Strategy 10.3 Archer Daniels Midland (ADM) Company 10.3.1 Company Overview 10.3.2 Financial Overview 10.3.3 Products Offered 10.3.4 Key Developments 10.3.5 SWOT Analysis 10.3.6 Key Strategy 10.4 Land 'O Lakes Inc. 10.4.1 Company Overview 10.4.2 Financial Overview 10.4.3 Products Offered 10.4.4 Key Developments 10.4.5 SWOT Analysis 10.4.6 Key Strategy 10.5 ForFarmers N.V. 10.5.1 Company Overview 10.5.2 Financial Overview 10.5.3 Products Offered 10.5.4 Key Developments 10.5.5 SWOT Analysis 10.5.6 Key Strategy 10.6 Japfa Comfeed Indonesia Tbk 10.6.1 Company Overview 10.6.2 Financial Overview 10.6.3 Products Offerings 10.6.4 Key Developments 10.6.5 SWOT Analysis 10.6.6 Key Strategy 10.7 New Hope Group 10.7.1 Company Overview 10.7.2 Financial Overview 10.7.3 Products Offered 10.7.4 Key Developments 10.7.5 SWOT Analysis 10.7.6 Key Strategy 10.8 COFCO Limited 10.8.1 Company Overview 10.8.2 Financial Overview 10.8.3 Products Offered 10.8.4 Key Developments 10.8.5 Key Strategy 10.9 NUTRECO N.V 10.9.1 Company Overview 10.9.2 Financial Overview 10.9.3 Products Offered 10.9.4 Key Developments 10.9.5 Key Strategy 10.1 Neovia Group 10.10.1 Company Overview 10.10.2 Financial Overview 10.10.3 Products Offered 10.10.4 Key Developments 10.10.5 Key Strategy 11 Conclusion 11.1 Key Findings 11.1.1 CEO Viewpoint 11.1.2 Key Companies to Watch 11.1.3 Prediction

List of Tables: TABLE 1 GLOBAL ANIMAL FEED MARKET, BY REGION, 2016-2023 (USD BILLION) TABLE 2 GLOBAL ANIMAL FEED MARKET, BY REGION, 2016-2023 (MILLION TONS) TABLE 3 GLOBAL ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 4 GLOBAL ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 5 GLOBAL ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 6 GLOBAL ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 7 LIST OF ASSUMPTIONS TABLE 8 GLOBAL PELLETED ANIMAL FEED MARKET, BY REGION, 2016-2023 (USD BILLION) TABLE 9 GLOBAL PELLETED ANIMAL FEED MARKET, BY REGION, 2016-2023 (MILLION TONS) TABLE 10 GLOBAL CRUMBLED ANIMAL FEED MARKET, BY REGION, 2016-2023 (USD BILLION) TABLE 11 GLOBAL CRUMBLED ANIMAL FEED MARKET, BY REGION, 2016-2023 (MILLION TONS) TABLE 12 GLOBAL MASHED ANIMAL FEED MARKET, BY REGION, 2016-2023 (USD BILLION) TABLE 13 GLOBAL MASHED ANIMAL FEED MARKET, BY REGION, 2016-2023 (MILLION TONS) TABLE 14 GLOBAL ANIMAL FEED MARKET (OTHER FORMS), BY REGION, 2016-2023 (USD BILLION) TABLE 15 GLOBAL ANIMAL FEED MARKET (OTHER FORMS), BY REGION, 2016-2023 (MILLION TONS) TABLE 16 NORTH AMERICA ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 17 NORTH AMERICA ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 18 US ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 19 US ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 20 CANADA ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 21 CANADA ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 22 MEXICO ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 23 MEXICO ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 24 EUROPE ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 25 EUROPE ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 26 SPAIN ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 27 SPAIN ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 28 GERMANY ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 29 GERMANY ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 30 FRANCE ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 31 FRANCE ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 32 RUSSIA ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 33 RUSSIA ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 34 UK ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 35 UK ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 36 THE NETHERLANDS ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 37 THE NETHERLANDS ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 38 ITALY ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 39 ITALY ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 40 REST OF EUROPE ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 41 REST OF EUROPE ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 42 ASIA-PACIFIC ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 43 ASIA-PACIFIC ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 44 CHINA ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 45 CHINA ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 46 INDIA ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 47 INDIA ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 48 JAPAN ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 49 JAPAN ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 50 VIETNAM ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 51 VIETNAM ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 52 AUSTRALIA & NEW ZEALAND ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 53 AUSTRALIA & NEW ZEALAND ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 54 REST OF APAC ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 55 REST OF APAC ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 56 REST OF WORLD ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 57 REST OF THE WORLD ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 58 SOUTH AMERICA ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 59 SOUTH AMERICA ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 60 AFRICA ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 61 AFRICA ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 62 MIDDLE EAST ANIMAL FEED MARKET, BY FORM, 2016-2023 (USD BILLION) TABLE 63 MIDDLE EAST ANIMAL FEED MARKET, BY FORM, 2016-2023 (MILLION TONS) TABLE 64 GLOBAL POULTRY FEED MARKET, BY REGION, 2016-2023 (USD BILLION) TABLE 65 GLOBAL POULTRY FEED MARKET, BY REGION, 2016-2023 (MILLION TONS) TABLE 66 GLOBAL RUMINANTS FEED MARKET, BY REGION, 2016-2023 (USD BILLION) TABLE 67 GLOBAL RUMINANTS FEED MARKET, BY REGION, 2016-2023 (MILLION TONS) TABLE 68 GLOBAL SWINE FEED MARKET, BY REGION, 2016-2023 (USD BILLION) TABLE 69 GLOBAL SWINE FEED MARKET, BY REGION, 2016-2023 (MILLION TONS) TABLE 70 GLOBAL AQUA FEED MARKET, BY REGION, 2016-2023 (USD BILLION) TABLE 71 GLOBAL AQUA FEED MARKET, BY REGION, 2016-2023 (MILLION TONS) TABLE 72 GLOBAL ANIMAL FEED MARKET (OTHER SPECIES), BY REGION, 2016-2023 (USD BILLION) TABLE 73 GLOBAL ANIMAL FEED MARKET (OTHER SPECIES), BY REGION, 2016-2023 (MILLION TONS) TABLE 74 NORTH AMERICA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 75 NORTH AMERICA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 76 US ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 77 US ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 78 CANADA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 79 CANADA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 80 MEXICO ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 81 MEXICO ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 82 EUROPE ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 83 EUROPE ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 84 SPAIN ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 85 SPAIN ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 86 GERMANY ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 87 GERMANY ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 88 FRANCE ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 89 FRANCE ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 90 RUSSIA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 91 RUSSIA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 92 UK ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 93 UK ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 94 THE NETHERLANDS ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 95 THE NETHERLANDS ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 96 ITALY ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 97 ITALY ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 98 REST OF EUROPE ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 99 REST OF EUROPE ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 100 ASIA-PACIFIC ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 101 ASIA-PACIFIC ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 102 CHINA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 103 CHINA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 104 INDIA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 105 INDIA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 106 JAPAN ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 107 JAPAN ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 108 VIETNAM ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 109 VIETNAM ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 110 AUSTRALIA & NEW ZEALAND ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 111 AUSTRALIA & NEW ZEALAND ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 112 REST OF APAC ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 113 REST OF APAC ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 114 REST OF WORLD ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 115 REST OF WORLD ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 116 SOUTH AMERICA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 117 SOUTH AMERICA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 118 AFRICA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 119 AFRICA ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 120 MIDDLE EAST ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (USD BILLION) TABLE 121 MIDDLE EAST ANIMAL FEED MARKET, BY SPECIES, 2016-2023 (MILLION TONS) TABLE 122 NORTH AMERICA: ANIMAL FEED MARKET, BY COUNTRY, 2016-2023 (USD BILLION) TABLE 123 NORTH AMERICA: ANIMAL FEED MARKET, BY COUNTRY, 2016-2023 (MILLION TONS) TABLE 124 EUROPE: ANIMAL FEED MARKET, BY COUNTRY, 2016-2023 (USD BILLION) TABLE 125 EUROPE: ANIMAL FEED MARKET, BY COUNTRY, 2016-2023 (MILLION TONS) TABLE 126 ASIA-PACIFIC: ANIMAL FEED MARKET, BY COUNTRY, 2016-2023 (USD BILLION) TABLE 127 ASIA-PACIFIC: ANIMAL FEED MARKET, BY COUNTRY, 2016-2023 (MILLION TONS) TABLE 128 REST OF WORLD: ANIMAL FEED MARKET, BY COUNTRY, 2016-2023 (USD BILLION) TABLE 129 REST OF WORLD: ANIMAL FEED MARKET, BY COUNTRY, 2016-2023 (MILLION TONS) TABLE 130 COMPETITIVE LANDSCAPING: GLOBAL ANIMAL FEED MARKET: BY STRATEGY (2012-2018) List of Figures: FIGURE 1 GLOBAL ANIMAL FEED MARKET SHARE (%), BY REGION (2018 & 2023) FIGURE 2 GLOBAL ANIMAL FEED MARKET SHARE (%), BY FORM (2018 & 2023) FIGURE 3 GLOBAL ANIMAL FEED MARKET SHARE (%), BY SPECIES (2018 & 2023) FIGURE 4 GLOBAL ANIMAL FEED MARKET: MARKET STRUCTURE FIGURE 5 KEY TAKEAWAYS OF THE ANIMAL FEED MARKET FIGURE 6 RESEARCH PROCESS OF MRFR FIGURE 7 TOP DOWN & BOTTOM UP APPROACH FIGURE 8 DROC ANALYSIS OF GLOBAL ANIMAL FEED MARKET FIGURE 9 VALUE CHAIN: ANIMAL FEED MARKET FIGURE 10 SUPPLY CHAIN ANALYSIS: ANIMAL FEED MARKET FIGURE 11 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL ANIMAL FEED MARKET FIGURE 12 GLOBAL ANIMAL FEED MARKET: MAJOR PLAYER MARKET DEVELOPMENT SHARE 2012-2018 FIGURE 13 GLOBAL ANIMAL FEED MARKET: STRATEGY ANALYSIS FIGURE 14 GLOBAL ANIMAL FEED MARKET: MARKET DEVELOPMENT (2012-2018)

Neovia Group (France), Archer Daniels Midland (ADM) Company (U.S.), COFCO Limited (Hong Kong), New Hope Group (China), ForFarmers N.V. (The Netherlands), Charoen Pokphand Group (Thailand), Cargill, Inc. (U.S.), Japfa Comfeed Indonesia Tbk (Indonesia), NUTRECO N.V. (The Netherlands), and Land 'O Lakes Inc. (U.S.).