Animal Nutrition Market Size, Overview, Growth, Demand and Forecast to 2024-2030

The animal nutrition market, valued at $501.9 billion in 2022 and projected to grow at a 3.2% CAGR, is fueled by the increasing global demand for animal protein products like meat, milk, and eggs due to population growth. This surge necessitates efficient animal nutrition to sustain livestock production, particularly in intensively managed systems aiming to meet heightened demands. Recognizing the crucial role of proper nutrition in ensuring animal health and productivity, there's a growing emphasis on nutritional strategies to prevent diseases and promote animal welfare, reflecting evolving awareness and priorities in the industry.