Compound Feed Market by Ingredient (Cereals, Cakes & Meals, By-products, and Supplements), Form (Mash, Pellets, and Crumbles), Livestock (Ruminants, Poultry, Swine, and Aquaculture), Source (Plant-based & Animal-based) & Region - Global Forecast to 2027
Description
Compound Feed Market by Ingredient (Cereals, Cakes & Meals, By-products, and Supplements), Form (Mash, Pellets, and Crumbles), Livestock (Ruminants, Poultry, Swine, and Aquaculture), Source (Plant-based & Animal-based) & Region - Global Forecast to 2027
According to MarketsandMarkets, the global compound feed market is estimated to be valued at USD 521.3 billion in 2022. It is projected to reach USD 641.2 billion by 2027, with a CAGR of 4.2%, in terms of value between 2022 and 2027. The market is gaining momentum with increasing demand for providing more nutritious food to livestock to optimize livestock productivity.
Additionally, the need for high-quality meat & dairy results in the need for compound feed. Key players have been investing significantly in R&D to cater to changing consumer preferences and reduce production costs.
“By ingredients, the cereal segment occupies the highest market share during the forecast period.”
Based on ingredients, the cereal segment is estimated to occupy the highest market share during the forecast period. Cereals are whole grains used as a compound feed for different livestock. Among different types of cereals, maize is the commonly used ingredient as 70% of its production is used in making animal feed. The type of feed to be included in compound feed depends on the type of livestock feed manufactured and the cost of raw materials.
“By source, the plant-based segment is forecasted to account for the largest market share.”
Based on the source, the plant-based segment accounts for the largest market share and it would dominate the market in terms of value during the forecast period. The Plant-based raw materials for compound feed are obtained from plant sources like oils, vegetables, grains, etc. The products manufactured from plant sources are rich in micronutrients which act as a complete nutrient for livestock.
“By form, the mash segment is forecasted to dominate the market during the forecasted period.”
Based on form, the mash segment accounts for the highest market share in 2022. Mash form of compound feed is a feed available in meal form which is unprocessed and the finest variety of feed available for livestock. The mash feeds are majorly used in the ruminants and layer poultry. Mash diet gives greater unification of growth and it is economical.
“By Livestock, Poultry segment is estimated to account for the highest market share.”
Based on livestock, the poultry segment is estimated to account for the largest market share in the global compound feed market and is projected to grow at a CAGR of 4.3%. The increasing demand for eggs to get optimum vitamins and protein is expected to increase the demand for poultry. Additionally, the rise in awareness regarding appropriate nutrition and care would boost the demand for compound feed in the poultry sector.
“The Asia Pacific region is the largest market for the compound feed market during the forecast period”
The APAC is the largest region in the compound feed market and it is growing with a considerable CAGR between 2022 and 2027. The country is one of the highest consumers and producers of meat from livestock. Growth in the consumption of pork and poultry meat is one of the major factors driving the growth of animal feed in the Asia Pacific. The leading manufacturers of compound feed are rapidly investing in R&D in the region to update technology for improved yield. Additionally, increased demand for meat, safety issues, prevention of disease outbreaks in livestock, etc., are some of the reasons to drive the compound feed market in the region.
Break-up of Primaries
By Company Type: Tier 1 – 30%, Tier 2 – 45% and Tier 3 – 25%
By Designation: Manager- 50%, CXOs– 15%, and Executives – 35%
By Region: Asia Pacific – 40%, Europe - 25%, North America- 25%, and RoW- 10%
Leading players profiled in this report include the following:
Cargill, Inc (US)
ADM (US)
Charoen Pokphand Foods (Thailand)
New Hope Group (US)
Land O' Lakes (US)
Nutreco N.V (the Netherlands)
Alltech, Inc (US)
Guangdong Haid Group (China)
Weston Milling Animal Group (Australia)
Feed One Co. (Japan)
Research Coverage
This report segments the compound feed market on the basis of ingredients, source, form, livestock, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the compound feed market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
To get a comprehensive overview of the compound feed market
To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
To gain insights into the major countries/regions, in which the compound feed market is flourishing
According to MarketsandMarkets, the global compound feed market is estimated to be valued at USD 521.3 billion in 2022. It is projected to reach USD 641.2 billion by 2027, with a CAGR of 4.2%, in terms of value between 2022 and 2027. The market is gaining momentum with increasing demand for providing more nutritious food to livestock to optimize livestock productivity.
Additionally, the need for high-quality meat & dairy results in the need for compound feed. Key players have been investing significantly in R&D to cater to changing consumer preferences and reduce production costs.
“By ingredients, the cereal segment occupies the highest market share during the forecast period.”
Based on ingredients, the cereal segment is estimated to occupy the highest market share during the forecast period. Cereals are whole grains used as a compound feed for different livestock. Among different types of cereals, maize is the commonly used ingredient as 70% of its production is used in making animal feed. The type of feed to be included in compound feed depends on the type of livestock feed manufactured and the cost of raw materials.
“By source, the plant-based segment is forecasted to account for the largest market share.”
Based on the source, the plant-based segment accounts for the largest market share and it would dominate the market in terms of value during the forecast period. The Plant-based raw materials for compound feed are obtained from plant sources like oils, vegetables, grains, etc. The products manufactured from plant sources are rich in micronutrients which act as a complete nutrient for livestock.
“By form, the mash segment is forecasted to dominate the market during the forecasted period.”
Based on form, the mash segment accounts for the highest market share in 2022. Mash form of compound feed is a feed available in meal form which is unprocessed and the finest variety of feed available for livestock. The mash feeds are majorly used in the ruminants and layer poultry. Mash diet gives greater unification of growth and it is economical.
“By Livestock, Poultry segment is estimated to account for the highest market share.”
Based on livestock, the poultry segment is estimated to account for the largest market share in the global compound feed market and is projected to grow at a CAGR of 4.3%. The increasing demand for eggs to get optimum vitamins and protein is expected to increase the demand for poultry. Additionally, the rise in awareness regarding appropriate nutrition and care would boost the demand for compound feed in the poultry sector.
“The Asia Pacific region is the largest market for the compound feed market during the forecast period”
The APAC is the largest region in the compound feed market and it is growing with a considerable CAGR between 2022 and 2027. The country is one of the highest consumers and producers of meat from livestock. Growth in the consumption of pork and poultry meat is one of the major factors driving the growth of animal feed in the Asia Pacific. The leading manufacturers of compound feed are rapidly investing in R&D in the region to update technology for improved yield. Additionally, increased demand for meat, safety issues, prevention of disease outbreaks in livestock, etc., are some of the reasons to drive the compound feed market in the region.
Break-up of Primaries
By Company Type: Tier 1 – 30%, Tier 2 – 45% and Tier 3 – 25%
By Designation: Manager- 50%, CXOs– 15%, and Executives – 35%
By Region: Asia Pacific – 40%, Europe - 25%, North America- 25%, and RoW- 10%
Leading players profiled in this report include the following:
Cargill, Inc (US)
ADM (US)
Charoen Pokphand Foods (Thailand)
New Hope Group (US)
Land O' Lakes (US)
Nutreco N.V (the Netherlands)
Alltech, Inc (US)
Guangdong Haid Group (China)
Weston Milling Animal Group (Australia)
Feed One Co. (Japan)
Research Coverage
This report segments the compound feed market on the basis of ingredients, source, form, livestock, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the compound feed market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
To get a comprehensive overview of the compound feed market
To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
To gain insights into the major countries/regions, in which the compound feed market is flourishing
Table of Contents
211 Pages
- OBJECTIVES OF THE STUDY
- MARKET DEFINITION
- STUDY SCOPE
- CURRENCY CONSIDERED
- VOLUME UNITS CONSIDERED
- STAKEHOLDERS
- SUMMARY OF CHANGES
- RESEARCH DATA
- MARKET SIZE ESTIMATION
- DATA TRIANGULATION
- ASSUMPTIONS FOR THE STUDY
- LIMITATIONS AND RISK ASSESSMENT OF THE STUDY
- COMPOUND FEED MARKET SNAPSHOT, 2022 VS. 2027
- BRIEF OVERVIEW OF THE COMPOUND FEED MARKET
- ASIA PACIFIC: COMPOUND FEED MARKET, BY INGREDIENT AND COUNTRY
- COMPOUND FEED MARKET, BY INGREDIENT
- COMPOUND FEED MARKET, BY LIVESTOCK
- COMPOUND FEED MARKET, BY FORM AND REGION
- INTRODUCTION
- MARKET DYNAMICS
- INTRODUCTION
- VALUE CHAIN
- SUPPLY CHAIN ANALYSIS
- TECHNOLOGY ANALYSIS
- PRICING ANALYSIS: COMPOUND FEED MARKET
- MARKET MAPPING AND ECOSYSTEM OF COMPOUND FEED
- TRENDS/DISRUPTIONS IMPACTING THE CUSTOMER’S BUSINESS
- COMPOUND FEED MARKET: PATENT ANALYSIS
- TRADE DATA: COMPOUND FEED MARKET
- CASE STUDIES
- KEY CONFERENCES & EVENTS IN 2022-2023
- TARIFF & REGULATORY LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- KEY STAKEHOLDERS AND BUYING CRITERIA
- INTRODUCTION
- CEREALS
- CAKES & MEALS
- BY-PRODUCTS
- SUPPLEMENTS
- INTRODUCTION
- PLANT-BASED
- ANIMAL-BASED
- INTRODUCTION
- MASH
- PELLETS
- CRUMBLES
- OTHER FORMS
- INTRODUCTION
- RUMINANTS
- POULTRY
- SWINE
- AQUACULTURE
- OTHER LIVESTOCK
- INTRODUCTION
- NORTH AMERICA
- EUROPE
- ASIA PACIFIC
- SOUTH AMERICA
- REST OF THE WORLD
- OVERVIEW
- MARKET SHARE ANALYSIS, 2021
- HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS
- COMPANY EVALUATION QUADRANT (KEY PLAYERS)
- COMPOUND FEED MARKET: OTHER PLAYERS’ EVALUATION QUADRANT, 2021
- COMPETITIVE SCENARIO
- KEY PLAYERS
- OTHER PLAYERS
- INTRODUCTION
- LIMITATIONS
- FEED ADDITIVES MARKET
- AQUAFEED MARKET
- DISCUSSION GUIDE
- KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
- AVAILABLE CUSTOMIZATIONS
- RELATED REPORTS
- AUTHOR DETAILS
Pricing
Currency Rates
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