A research on the compound horse feedstuff market was released by Persistence Market Research. It covers a global industry overview from 2014 to 2018 and an opportunity evaluation from 2019 to 2029. The market for compound horse feedstuff is predicted to reach US$ 7.1 billion by the end of 2019 and US$ 10.1 billion by the end of 2029, in terms of value.
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One of the most important elements for equine health is protein. The requirement for protein also changes as horse feed is divided into categories based on labour and life stage. For instance, an adult horse working hard needs 2 pounds of protein, whereas an adult horse doing moderately just needs 1.4 pounds. The addition of protein to a horse’s diet improves its abilities during growth, reproduction, athletic performance, and muscle development. All of the necessary essential amino acids are present in compound horse feedstuff, satisfying the quality protein needs of all breeds of horses. As a result, the market for compound horse feedstuff market is expanding due to the high demand for protein-rich meals.
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Compound Horse Feedstuff Market : Competition Landscape
The global compound horse feedstuff market is moderately consolidated with the leading market players collectively accounting for half of the overall market value share. Leading market players have placed their focus on strengthening backward and forward integration to attain a better position in the highly competitive market landscape.
As an increased number of manufacturers are looking forward to appeal to a growing pool of label-conscious horse breeders and owners, they have laser sharped their focus on offering organic-certified and clean label compound horse feedstuff worldwide. Customized manufacturing of the compound horse feedstuff has emerged as the pivotal growth strategy of companies that are vying to attain a competitive edge in the growing market.
Compound Horse Feedstuff Market – Segmentation
The PMR detailed research study on the compound horse feedstuff market also sheds light on the market attractiveness by analyzing the key market segments. The global study also presents a region-wise valuation to better understand the demand and supply ratio of the compound horse feedstuff market.
The incisive study report provides an assessment based on the type, form, ingredients and region. Each of these segments has been mentioned and evaluated by the analysts to obtain valuable intelligence apropos of the compound horse feedstuff market.
Type
- Performance
- Senior/Old
- Professional
- Mare & Foal
- Others
- Performance
- Senior/Old
Form
- Pellets
- Crumbles/Cubes
- Powder/Mash
Ingredients
- Cereals
- Supplements
- Cakes/Meals
- Others
Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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FAQ’s:
- How will the North America compound horse feedstuff market evolve during 2019-2029?
- What are the key determinants that are hindering the growth of the compound horse feedstuff market?
- What rate of ROI can compound horse feedstuff market stakeholders expect from using cereals based pellets in the next five years?
- What will be the Y-o-Y growth of compound horse feedstuff market between 2012 and 2025?
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