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A ResearchAndMarkets report forecasts the global animal nutritional ingredients market to grow from USD 14.18 billion in 2021 to USD 19.05 billion by 2028, at a 6% CAGR. The report cites population growth, rising meat demand and animal disease as drivers.
This is a generic market-sizing press release with no new supply or demand shock, so it has little direct effect on feed ingredient prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.