Table of Content

1 INTRODUCTION 10
1.1 COVID-19 HEALTH ASSESSMENT 10
1.2 COVID-19 ECONOMIC ASSESSMENT 12
1.2.1 COVID-19 IMPACT ON THE ECONOMY?SCENARIO ASSESSMENT 13

2 COVID-19 IMPACT ON FOOD, ANIMAL HEALTH, AND AGRICULTURE 16
2.1 INTRODUCTION 16
2.2 EFFECT ON GLOBAL MEAT CONSUMPTION 16
2.3 EFFECTS ON ANIMAL HEALTH 17
2.4 EFFECTS ON FEED CONSUMPTION 17

3 COVID-19 IMPACT ON ECOSYSTEM OF FEED INDUSTRY 18
3.1 VALUE CHAIN 18
3.2 IMPACT ON VALUE CHAIN 19
3.2.1 FEED RAW MATERIALS/SUPPLIERS 19
3.2.2 FEED FORMULATORS 20
3.2.3 DISTRIBUTION AND LOGISTICS 20
3.2.4 END-USE INDUSTRY 20
3.3 MARKET DYNAMICS 21
3.3.1 DRIVERS 21
3.3.1.1 Growing awareness regarding animal health & bio-security 21
3.3.2 RESTRAINTS 23
3.3.2.1 Impact on feed production and supply chain 23
3.3.2.2 Impact on demand for meat, dairy, and animal products 24

4 GROWTH OPPORTUNITIES IN THE FEED INDUSTRY APPLICATIONS 26
4.1 INTRODUCTION 26
4.2 SCENARIO-BASED ANALYSIS 27
4.3 MOST ATTRACTIVE MARKET - IMPACT & OPPORTUNITIES 27
4.3.1 AQUACULTURE 27
4.4 WORST-AFFECTED MARKET 28
4.4.1 POULTRY 28
4.4.2 SWINE 29
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5 CUSTOMER ANALYSIS 30
5.1 INTRODUCTION 30
5.2 SHIFT IN THE DAIRY INDUSTRY 30
5.2.1 DISRUPTIONS IN THE INDUSTRY 30
5.2.2 RISK MITIGATION STRATEGY 30
5.2.3 NEW MARKET OPPORTUNITIES 30
5.3 SHIFT IN THE MEAT & POULTRY INDUSTRY 31
5.3.1 DISRUPTIONS IN THE INDUSTRY 31
5.3.2 RISK MITIGATION STRATEGY 31
5.3.3 NEW MARKET OPPORTUNITIES 31
5.4 SHIFT IN THE SEAFOOD INDUSTRY 32
5.4.1 DISRUPTIONS IN THE INDUSTRY 32
5.4.2 RISK MITIGATION STRATEGY 32
5.4.3 NEW MARKET OPPORTUNITIES 32

6 SHORT AND MID-TERM STRATEGY SHIFTS BY FEED ADDITIVE COMPANIES TO MITIGATE COVID-19 IMPACT 33
6.1 SHORT AND MID-TERM STRATEGIES 33
6.1.1 PRODUCT LEVEL 33
6.1.2 APPLICATION LEVEL 33
6.2 REGIONAL/GEOGRAPHIC LEVEL 34
6.2.1 US 34
6.2.2 ASIA PACIFIC 34
6.2.3 EUROPE 34
6.2.4 ROW 34
6.3 WINNING STRATEGIES IN THE INDUSTRY TO GAIN MARKET SHARE 35
6.3.1 SHORT TERM 35
6.3.2 MID-TERM 35
6.3.3 LONG TERM 36

7 FEED MARKET: MARKET OUTLOOK DUE TO COVID-19 37
7.1 FEED INGREDIENTS & ADDITIVES 37
7.1.1 AMINO ACIDS 38
7.1.2 PHOSPHATES 39
7.1.3 VITAMINS & MINERALS 39
7.1.4 PHYTOGENICS 40
7.1.5 PROBIOTICS 41
7.1.6 COMMODITY INGREDIENTS 41
7.1.7 OTHERS 42
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7.2 GEOGRAPHY 43
7.2.1 INTRODUCTION 43
7.2.2 ASIA PACIFIC 44
7.2.2.1 India 46
7.2.2.2 China 46
7.2.3 EUROPE 47
7.2.3.1 Italy 48
7.2.3.2 Spain 48
7.2.3.3 UK 49
7.2.3.4 Other European countries 49
7.2.4 US 49
7.2.5 REST OF WORLD 51

8 COMPANY PROFILES 52
(Business overview, Impact analysis of COVID-19 pandemic on feed additives and ingredients & Winning strategies)*
8.1 CARGILL 52
8.2 ADM 54
8.3 BASF 56
*Details on Business overview, Impact analysis of COVID-19 pandemic on feed additives and ingredients & Winning strategies might not be captured in case of unlisted companies.

9 APPENDIX 58
9.1 INSIGHTS OF INDUSTRY EXPERTS 58
9.2 DISCUSSION GUIDE 59
9.3 KNOWLEDGE STORE 61
9.4 AUTHOR DETAILS 63



List of Figures



FIGURE 1 COVID-19 THE GLOBAL PROPAGATION 10
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES 11
FIGURE 3 COUNTRIES BEGIN WITH SIMILAR TRAJECTORIES BUT CURVES DEVIATE BASED
ON MEASURES TAKEN 12
FIGURE 4 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020 12
FIGURE 5 CRITERIA IMPACTING THE GLOBAL ECONOMY 13
FIGURE 6 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY 14
FIGURE 7 VALUE CHAIN: FEED ADDITIVES & INGREDIENTS MARKET 19
FIGURE 8 FEED ADDITIVES MARKET DYNAMICS 21
FIGURE 9 GLOBAL FEED PRODUCTION 2018 (MILLION METRIC TON) 23
FIGURE 10 US PRODUCTION AND CONSUMPTION OF MEAT PRODUCTS (MILLION POUND) 24
FIGURE 11 PORK PRODUCTION - TOP COUNTRIES SUMMARY
(1,000 METRIC TONS, CARCASS WEIGHT EQUIVALENT) 25
FIGURE 12 CHICKEN MEAT PRODUCTION - TOP COUNTRIES SUMMARY
(1,000 METRIC TONS, READY TO COOK EQUIVALENT) 25
FIGURE 13 ELEMENTS OF UNCERTAINTY: FEED ADDITIVES & INGREDIENTS MARKET 27
FIGURE 14 COVID-19 IMPACT ON THE FEED MARKET, BY FEED ADDITIVES 2019-2021 (USD MILLIONS) 37
FIGURE 15 COVID-19 IMPACT ON THE ANIMAL FEED MARKET, BY REGION, 2020 43
FIGURE 16 ASIA PACIFIC: COVID-19 IMPACT ON THE FEED MARKET, 2020 45

 

List of Tables



TABLE 1 STRATEGIES UNDERTAKEN BY LEADING MANUFACTURERS ON DEALING WITH
THE COVID-19 SCENARIO 22
TABLE 2 COVID-19 IMPACT ON THE FEED MARKET, BY TYPE, 2019-2021 (USD MILLION) 38
TABLE 3 AMINO ACIDS: COVID-19 IMPACT ON THE FEED MARKET, BY REGION 2019-2021 (USD MILLION) 38
TABLE 4 PHOSPHATES: COVID-19 IMPACT ON THE FEED MARKET, BY REGION 2020-2021 (USD MILLION) 39
TABLE 5 VITAMINS & MINERALS: COVID-19 IMPACT ON THE FEED MARKET, BY REGION, 2020-2021 (USD MILLION) 40
TABLE 6 PHYTOGENICS: COVID-19 IMPACT ON THE FEED MARKET, BY REGION 2020-2021 (USD MILLION) 40
TABLE 7 PROBIOTICS: COVID-19 IMPACT ON THE FEED MARKET, BY REGION 2020-2021 (USD MILLION) 41
TABLE 8 COMMODITY INGREDIENTS: COVID-19 IMPACT ON THE FEED MARKET, BY REGION, 2020-2021 (USD MILLION) 42
TABLE 9 OTHERS: COVID-19 IMPACT ON THE FEED MARKET, BY REGION 2020-2021 (USD MILLION) 42
TABLE 10 COVID-19 IMPACT ON THE FEED MARKET, BY REGION, 2020-2021 (USD MILLION) 44
TABLE 11 ASIA PACIFIC: COVID-19 IMPACT ON THE FEED MARKET, BY TYPE 2020-2021 (USD MILLION) 45
TABLE 12 ASIA PACIFIC: COVID-19 IMPACT ON THE FEED MARKET, BY COUNTRY 2020-2021 (USD MILLION) 46
TABLE 13 EUROPE: COVID-19 IMPACT ON THE FEED MARKET, BY COUNTRY 2020-2021 (USD MILLION) 47
TABLE 14 EUROPE: COVID-19 IMPACT ON THE FEED MARKET, BY TYPE 2020-2021 (USD MILLION) 48
TABLE 15 US: COVID-19 IMPACT ON THE FEED MARKET, BY TYPE, 2020-2021 (USD MILLION) 50
TABLE 16 REST OF THE WORLD: COVID-19 IMPACT ON THE FEED MARKET, BY TYPE 2020-2021 (USD MILLION) 51