Egypt Compound Feed Market by Ingredients (Cereal, Cakes & Meals, By-products, and Supplements), Animal Types (Ruminants, Poultry, Aquaculture, and Others), and Country- Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

The Egypt compound feed market size is projected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing awareness about protein-rich diet and meat safety to improve the quality of animal meat.

Compound feed safeguards the livestock & aquaculture production. It provides adequate and sufficient amount of nutrients to the livestock and domestic animals for the betterment of their health. It refers to the feed that are produced on the basis of animal’s different growth stages, different physiological requirements, and different production uses.

The commonly used technological processes for compound feed production includes manual addition batching, volumetric batching, one bin one scale batching, multi bins multi scales batching, and multi bin one scale batching. Government state bodies are implementing policies that are facilitating increasing investment from foreign players, stimulating the market growth.

Market Trends, Drivers, Restraints, and Opportunities

• The primary trend of privatization of the livestock industry is estimated to propel the growth in the compound feed market in the coming years.
• Increasing demand for quality meat and dairy products  is driving the growth of market during the forecast period.
• Rising influence of western culture has led to an upward demand for meat, meat products, and processed meat, boosting the market growth.
• Growing number of government initiatives to support the import of raw materials for feed production and steady supply of quality feed are expected to spur the market growth.
• Rising trend of veganism can create challenges for the market growth.
• The COVID-19 outbreak and rising prevalence of diseases has increased the demand for animal feed across the globe, positively influencing the growth of the market.
• Poor available source of nutrition in quantity and quality, and defective reproductive performance are anticipated to hinder the market growth.
•  Rising cost of raw materials is the key challenge for the market growth.
• Huge demand-supply gap for high-quality can create lucrative opportunities for new entrants and emerging players in the market.
• Increasing R&D investments and ongoing technological advancement in the production techniques can create immense opportunities for the market players during the forecast period.

Scope of the Report

The report on the Egypt compound feed market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Egypt Compound Feed Market Segment Insights

Cereal segment to constitute a large market share

On the basis of ingredients, the market is segregated into cereal, cakes & meals, by-products, and supplements. The cereal segment is expected to account for a large market share during the forecast period. The primary source of energy in compound feed diet are cereals. Various cereals are used as a compound feed according to their availability and preference for livestock. On the other hand, the supplements segment is expected to grow at a healthy rate owing to rising meat demand and high-quality meat products across the globe.

Poultry segment to register at a significant pace

In terms of animal types, the Egypt compound feed market is segmented into ruminants, poultry, aquaculture, and others. The poultry segment is anticipated to expand at a robust pace during the forecast period. Increasing supply of affordably-priced animal protein and presence of major producers are driving the growth of the market segment. Poultry contributes 10% of the total livestock. Moreover, rising number of people opting for poultry-based meat is expected to proliferate the growth of the market segment.

Segments

Segments Covered in the Report

The Egypt compound feed market has been segmented on the basis of

Ingredients

• Cereal
• Cakes & Meals
• By-Products
• Supplements

Animal Types

• Ruminants
•  Poultry
•  Aquaculture
• Others

Country

• Egypt

Key Players

• ALLtech inc.
• LAND O’ LAKES INC. (PURINA MILLS)
• Cargill inc.
• United Animal Health
• Archer Daniels Midland Company

Competitive Landscape

Key players competing in the Egypt compound feed market include ALLtech inc., LAND O’ LAKES INC. (PURINA MILLS), Cargill inc., United Animal Health, and Archer Daniels Midland Company.

Companies are making significant investments to upgrade & expand their production capacity. Moreover, they’re deploying latest and new technologies to improve their profit margins. Meanwhile, major industry players are engaging in mergers and acquisition and expanding the research and development capabilities.