The Compound Feed Market cover

The Compound Feed Market by Ingredients (Cakes & Meals, Byproducts, Cereal, Supplements [Vitamins, Amino Acids, Enzymes, Acidifiers, Probiotics & Prebiotics], and Others), Animal Types (Poultry, Swine, Ruminants, Aquaculture, and Other Animal Types), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-3209
  • Author: Growth Market Reports
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  • No. Of Pages: 194
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The global compound feed market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increase in industrialized livestock production, as well as an increase in demand for animal-based protein sources.


The Compound Feed Market summary

According to the International Feed Industry Federation (IFIF) Global commercial feed manufacture has an estimated yearly turnover of over $400 billion.

Animal health is heavily reliant on feed that provides a well-balanced diet. Some current agricultural techniques, such as grain-feeding cows or keeping them in feedlots, are bad for the environment and the animals. Increased maize or other grain in cow diet, for example, causes their microbiomes to become more acidic, weakening their immune systems and making cows a more probable E. coli vector.

Millions of people throughout the world rely on livestock farming and the consumption of animal products for their economic and nutritional well-being. Animal feed is the largest and most significant component in guaranteeing safe, plentiful, and economical animal proteins in the global food market.

According to the United Nations Food and Agriculture Organization (FAO), food demand will increase by 60% by 2050, and animal protein production will increase by 1.7 percent per year between 2010 and 2050, with meat production expected to increase by nearly 70%, aquaculture by 90%, and dairy by 55 percent. This is a growth factor of nearly two, but extrapolating the growth rates of the previous forty years ahead to 2050 might theoretically quadruple the demands.

The meat business assesses the apparent expansion of the animal feed ingredients market, since a substantial share of animal-based proteins is produced from slaughterhouse sector animal by-products.

In 2020, according to the Food and Agriculture Organization of the United Nations (FAO) Global total meat production is expected to reach 337.2 million tones, Asia's imports increased by 15.8% to more than 22 million tones, accounting for 63 percent of global meat imports, up from 38.7 million tons in 2019.
The expanding demand for animal protein has put a pressure on farmwomen to provide more protein eatery to their farm animal which creating opportunities for the market to expand and develop a technology which can improve the profits.

Dr Candido Pomar from the Agriculture and Agri-Food Canada (AAFC) spoke at the 2020 Animal Nutrition Conference of Canada that smart livestock feeding may cut protein consumption by 25%, nitrogen excretion by 40%, increasing profit by almost 10%. Smart livestock feeding is a major step forward in livestock nutrition, and it's one of the most promising approaches to provide safe, high-quality animal products like meat and milk, as well as excellent animal welfare and low environmental effect.

Following the COVID-19 outbreak, animal feed compound is observed a neutral effect on the   demand due to a shortage of raw materials and the whole supply chain is interrupted. Despite the fact that feed demand has been largely consistent, the COVID-19 outbreak has had a substantial influence on supply. Labor shortages and mobility restrictions and diseases. Feed delivery has been delayed as a result of the disturbance in supply lines.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing consumption of dairy products is expected to push the market in the coming years.
  • Rise of the urban middle class has coincided with a move away from a grain-based diet are projected to boost the market during the forecast period.
  • Growing instances of various livestock diseases such as avian influenza, swine flu, and food & mouth diseases are key factors driving the market in the coming years.
  • Increasing demand for meat products, and scientifically confirmed benefits of additives are estimated to push the market.
  • Fast-growing population and increasing global food demand is projected to drive the market.
  • New advanced feed machinery technologies are anticipated to drive the demand.
  • Rising cost of raw material is expected to hinder the market growth.
  • Increasing vegan population and growing trend for plant-based protein and plant base meat is expected to restrict the growth of the market.
  • Innovative technologies to enhance productivity and profits is expected to create lucrative opportunities for the market players.

Scope of the Report

The report on the 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

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 (Cakes & Meals, Byproducts, Cereal, Supplements [Vitamins, Amino Acids, Enzymes, Acidifiers, Probiotics & Prebiotics], and Others), Animal Types (Poultry, Swine, Ruminants, Aquaculture, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Cargill Inc.; Alltech Inc.; Archer Daniels Midland; Land O Lakes Purina; Charoen Pokphand Foods

China Feed Additives Market Segment Insights

The cereal segment is anticipated to expand at a substantial CAGR

On the basis of Ingredients, the compound feed market is segregated into cakes & meals, byproducts, cereal, supplements, and others. The cereal segment is expected to constitute a key share of the market during the forecast period owing to it is rich high fibers and proteins also they are cost effective.

The poultry segment is projected to represent a large market share

Based on animal types, the compound feed market is divided into poultry, swine, ruminants, aquaculture, and others. The swine segment is expected to represent a key share of the market during the forecast period owing to in regard to breeders are becoming more concerned over their animals' health and prefer to offer appropriate nutrition and supplements to keep them healthy moreover rising production of poultry farms.


The Compound Feed Market type

Asia Pacific segments is expected to Dominate the Market

On the basis of regions, the compound feed market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to rising demand of meat in the region also countries such as India and China are observed to rise in exports of meat and its products.


The Compound Feed Market region

Segments

Segments Covered in the Report

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

Ingredients

  • Cakes & Meals
  • Byproducts
  • Cereal
  • Supplements
  • Vitamins
  • Amino Acids
  • Enzymes
  • Acidifiers
  • Probiotics & Prebiotics
  • Others

Animal Types

  • Poultry
  • Swine
  • Ruminants
  • Aquaculture
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Cargill Inc.
  • Alltech Inc.
  • Archer Daniels Midland
  • Land O Lakes Purina
  • Charoen Pokphand Foods

Competitive Landscape

Key players competing in the compound feed market include Cargill Inc.; Alltech Inc.; Archer Daniels Midland; Land O Lakes Purina; Charoen Pokphand Foods.
Some of these players are focusing on business strategies including partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

The Compound Feed Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Compound Feed Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Compound Feed Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Compound Feed Market - Supply Chain
  4.5. Global Compound Feed Market Forecast
     4.5.1. Compound Feed Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Compound Feed Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Compound Feed Market Absolute $ Opportunity
5. Global Compound Feed Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Compound Feed Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Compound Feed Demand Share Forecast, 2019-2026
6. North America Compound Feed Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Compound Feed Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Compound Feed Demand Share Forecast, 2019-2026
7. Latin America Compound Feed Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Compound Feed Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Compound Feed Demand Share Forecast, 2019-2026
8. Europe Compound Feed Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Compound Feed Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Compound Feed Demand Share Forecast, 2019-2026
9. Asia Pacific Compound Feed Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Compound Feed Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Compound Feed Demand Share Forecast, 2019-2026
10. Middle East & Africa Compound Feed Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Compound Feed Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Compound Feed Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Compound Feed Market: Market Share Analysis
  11.2. Compound Feed Distributors and Customers
  11.3. Compound Feed Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Cargill Inc.
     11.4.2. Alltech Inc.
     11.4.3. Archer Daniels Midland
     11.4.4. Land O Lakes Purina
     11.4.5. Charoen Pokphand Foods

Segments Covered in the Report

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

Ingredients

  • Cakes & Meals
  • Byproducts
  • Cereal
  • Supplements
  • Vitamins
  • Amino Acids
  • Enzymes
  • Acidifiers
  • Probiotics & Prebiotics
  • Others

Animal Types

  • Poultry
  • Swine
  • Ruminants
  • Aquaculture
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Cargill Inc.
  • Alltech Inc.
  • Archer Daniels Midland
  • Land O Lakes Purina
  • Charoen Pokphand Foods

Key players competing in the compound feed market include Cargill Inc.; Alltech Inc.; Archer Daniels Midland; Land O Lakes Purina; Charoen Pokphand Foods.
Some of these players are focusing on business strategies including partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

The Compound Feed Market keyplayers

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