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.
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.
Attributes |
Details |
Report Title |
Egypt Compound Feed Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Ingredients (Cereal, Cakes & Meals, By-products, and Supplements) and Animal Types (Ruminants, Poultry, Aquaculture, and Others) |
Geographic Zone |
Egypt |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
ALLtech inc., LAND O’ LAKES INC. (PURINA MILLS), Cargill inc., United Animal Health, and Archer Daniels Midland Company. |
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.
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.
The Egypt compound feed market has been segmented on the basis of
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.
The Egypt compound feed market has been segmented on the basis of
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.
Some other reports from this category!