The animal feed industry is growing at a high pace owing to the increasing demand for healthy and energetic feed. Horse feed among all animal feed has witnessed steady market growth from past half decade and has created absolute $ opportunity of more than US$ 180 Mn during historic time frame. The straight feed being provided to horses as a source of energy has shown incompleteness for diet. Whereas, compound horse feedstuff made horses more energetic and active. According to the latest research by Fact MR., the compound horse feedstuff market is set to witness substantial growth during the forecast period of 2021-2031.
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the Compound Horse Feedstuff Market 2021–2031 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
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Who are the Key Manufacturers and Suppliers of Compound Horse Feedstuff?
Some of the leading manufacturers and suppliers of compound horse feedstuff include
- Big V Feeds
- Triple Crown Horse Feeds
- Bailey’s horse feeds
- Nutrena Animal Feeds
- Target Feeds Ltd
- Spillers Horse Feeds
- Omega Fields
- Horse Tech Inc
- Farmvet
- Allen
- Page
- Others
Globally the compound horse feedstuff market is considered moderately consolidated and the leading players account for more than one third of the overall market share. Key players placed their focus on strengthening forward and backward integration to secure a better position in the competitive market.
Manufacturers and suppliers are focusing on longstanding contract with breeder and trainers to provide better foodstuff in bulk quantity leading to a better profit margin. Thus, aforementioned strategies by the key players is allowing them to create ample opportunity in the compound horse foodstuff business.
The Compound Horse Feedstuff Market report addresses the below-mentioned queries:
- Why are vendors shifting away from traditional methods of manufacturing Compound Horse Feedstuff Market?
- How the Compound Horse Feedstuff Market does looks like in the next five years?
- Which end use industry is expected to surpass segment by the end of 2029?
- What innovative products are being introduced by the players in the global Compound Horse Feedstuff Market?
- Which regions are showing the fastest market growth?
Key Countries Covered
- U.S.
- Canada
- Germany
- U.K.
- France
- Spain
- Italy
- Russia
- China
- Japan
- South Korea
- India
- Australia
- Brazil
- Mexico
- Argentina
- GCC
- South Africa
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Key Segments in Coating Additives Industry Research
By Form
By Nutrition Type
- High fiber
- Low Starch
- High protein
- High fats
By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Europe Demand Outlook for Compound Horse Feedstuff
After North America, Europe is the region who impacted severally by the COVID-19 pandemic and created a harsh economic disruption in the region. Despite the pandemic effect the region started recovering their economy at a fast pace from the 4th quarter of 2020. As the pandemic disrupted every market, manufacturers across different industries experienced a severe loss in terms of sales. The horse feedstuff manufacturers in Europe also witnessed the downfall of sales.
Europe is the most prominent region for horse feedstuff manufacturers as the region accounts for the highest horse population globally. Germany followed by the Netherland, Poland and Sweden are the major horse-owning nations in the region. More than 18 clubs associated with horse are there in Europe.
The UK is most famous for horse sports and activities across Europe. Britishers are known for maintaining their royalty for decades and it tends to continues in the region which led to more demand for owning a horse. With the highest population of horses, the region is also witnessing high demand for compound horse feedstuff.
For More insight- https://www.einpresswire.com/article/556694532/how-has-covid-19-impacted-the-surgical-drapes-industry-fact-mr-s-post-pandemic-analysis
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