Russia Animal Feed Market (2024-2030) | Companies, Analysis, Outlook, Forecast, Size, Industry, Growth, Trends, Share, Value & Revenue

Topics Covered in the Russia Animal Feed Market

Russia Animal Feed Market report thoroughly covers the market by form, species, and by type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Russia Animal Feed Market Synopsis

Russia Animal Feed Market is one of the fastest-growing sectors in the country's agriculture and livestock industries. Despite the challenges such as logistics and distribution channels, feed quality issues, and high-cost risks of raw materials, the market offers numerous opportunities for businesses and investors. The increasing demand for animal protein and the government's commitment to modernize the sector suggest that the market is poised for continued growth in the coming years.

According to 6Wresearch, the Russian animal Feed Market size is anticipated to reach $1,174.7 billion, registering a CAGR of 4.1% during the forecast period of 2024-2030. The main drivers of growth in the market are the increasing demand for animal protein, the expansion of the livestock sector, and the government's efforts to modernize the agricultural sector. The government has set ambitious targets for the development of the agriculture and livestock sectors as part of its national agenda. The state is investing heavily in infrastructure, technology, and research and development to ensure the sustainable growth of these sectors. Despite the growth and potential in the Russia animal feed market, several challenges remain. One of the key challenges is the lack of efficient logistics and distribution channels, which cause delays and additional costs. Other challenges include feed quality issues, the high cost of raw materials, and constraints in accessing loans and financing. The market is witnessing several trends that are likely to shape its future direction. One of the most significant trends is the increasing demand for complete feed and premixes, which are more convenient and cost-effective for farmers. In addition, there is a growing interest in natural and organic feed products, which are perceived as healthier and more environmentally friendly options.

Government policies and schemes introduced in the Russia Animal Feed Market 

The government has implemented several policies to support the Russia Animal Feed Market Growth over the years. One such policy includes the creation of a federal program on the development of the agricultural sector. Through this program, the state aims to increase the local production of compound feed and increase the efficiency of its production, thereby ensuring the sustainable growth of the animal industry. Additionally, the government has reduced the VAT rates on feed mixes used for livestock to promote their use by farmers. Furthermore, the government of Russia has an initiative that supports the promotion of small and medium-sized businesses that are willing to invest in the animal feed market. They can access grants that support their development and expansion. These businesses may make significant contributions to the industry, particularly in the protein sector. These initiatives are potential opportunities for new investments and partnerships, leading to a conducive business environment for start-ups and small-scale businesses.

Prominent players in the Russia Animal Feed Market

In Russia, there are several prominent players in the Russia animal feed industry, including Agronova Group, Agro-Belogorye Group, and TopFeed. These companies account for a significant market share within the industry and have established themselves as reputable players. Agronova Group, for example, produces and sells feeds for cattle, pigs, and poultry. The Group's manufacturing facilities are in different regions in Russia to ensure easy access to raw materials, which ensures the production of high-quality products. Similarly, Agro-Belogorye Group is a leading Russian company in the production of animal feed, including compound and single-component feed, protein-vitamin-mineral supplements, and premixes as well as high-quality forage production.

Market analysis by Form

According to Nikhil, Senior Research Analyst, 6Wresearch, the mash segment is forecast to hold the dominant position in the market as it is easy to digest by the animals, is more palatable allows for precise feeding, and has a longer shelf life. 

Market Analysis by Species

By Species, poultry dominated the Russian animal Feed Market Share during the forecast period. The second most dominant species was swine, followed by ruminants.

Market Analysis by Type

By Type, Probiotics had the most significant market share, followed by vitamins. While there has been limited growth in other segments, the enzyme segment had the highest growth potential.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Russia Animal Feed Market Outlook
• Market Size of Russia Animal Feed Market, 2023
• Forecast of Russia Animal Feed Market, 2030
• Historical Data and Forecast of Russia Animal Feed Revenues & Volume for the Period 2020 - 2030
• Russia Animal Feed Market Trend Evolution
• Russia Animal Feed Market Drivers and Challenges
• Russia Animal Feed Price Trends
• Russia Animal Feed Porter's Five Forces
• Russia Animal Feed Industry Life Cycle
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Form for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Pellets for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Crumbles for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Mash for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Species for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Poultry for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Ruminants for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Aqua for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Swine for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Acidifiers for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Probiotics for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Enzyme for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Antioxidants for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Antibiotics for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Vitamins for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Minerals for the Period 2020 - 2030
• Historical Data and Forecast of Russia Animal Feed Market Revenues & Volume By Others for the Period 2020 - 2030
• Russia Animal Feed Import Export Trade Statistics
• Market Opportunity Assessment By Form
• Market Opportunity Assessment By Species
• Market Opportunity Assessment By Type
• Russia Animal Feed Top Companies Market Share
• Russia Animal Feed Competitive Benchmarking By Technical and Operational Parameters
• Russia Animal Feed Company Profiles
• Russia Animal Feed Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Form

• Pellets
• Crumbles
• Mash
• Others

By Species

• Poultry
• Ruminants
• Aqua
• Swine
• Others

By Type

• Acidifiers
• Probiotics
• Enzyme
• Antioxidants
• Antibiotics
• Vitamins
• Minerals
• Others

Russia Animal Feed Market: FAQs