Global Compound Feed Market was worth $528.9 billion in 2020 and estimated to be growing at a CAGR of 1.62%, to reach $573.1 billion by 2025.
The compound feed consists of food products manufactured especially for animals. The Compound Feed market is developing at a significant rate due to the increase in the livestock population.Compound feed is a mixture of raw materials and supplements, sourced from either plants or animals, fed to the livestock orally. Most commonly used raw materials are soybean, corn, barley; wheat and sorghum. Most common additives to form compound feed are, minerals, amino acids, antibiotics and colorants. Compound feed has become an essential part of the globally increasing livestock industry and meat production industry. The end consumers of the compound feed are poultry, pig, ruminants, fish, etc.
The growth of the Global Compound feed market is majorly driven by factors such as the growth in global meat consumption, an increase in awareness towards meat quality and safety, an increase in mass production of meat, and recent livestock disease outbreaks. Globally increasing population is also supporting the growth of the world meat market, ultimately increasing demand for compound feed. An increase in consumer awareness regarding the benefits of organic food and meat led to an increase in consumption which in turn led to an increase in demand for organic feed. Different regulatory structures, volatile economies, and the increasing cost of operations are the major restraining factors for the market. And, an increase in the cost of raw materials is also a key challenge for the companies in the market.
The Global Compound Feed Market is segmented and sub-segmented into following categories:
Ingredients
Cereals
Cereals by-Product
Oilseed Meal
Oil, Molasses
Supplements and others
Supplements
Vitamins
Antibiotics
Antioxidants
Amino Acids
Feed Enzymes
Feed Acidifiers and others.
Animal type
Ruminant
Swine
Poultry
Aquaculture and others
Poultry, pork, and cattle are the largest consumers of compound feed globally accounting for the major share of the overall compound feed market. Cereals are the most widely used ingredients in compound feed whereas Vitamins are the most widely used additives, accounting for around 25% of the total feed additives market.
The market has also been geographically segmented into
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
The poultry segment is developing as a leading livestock segment for consumption, trailed by swine and cattle, because of the increase in demand for poultry meat, consumer taste predilections, and rise in disposable incomes in developing economies, primarily in China and India. Hence there is a growing need for steady and reliable animal feed. The Asia-Pacific region is expected to offer lucrative growth opportunities, owing to the considerable increase in feed production and increasing awareness among the consumers about the quality of meat, and dairy and related products
Major Key Players
Cargill Inc
Charoen Pokphand Foods
Archer Daniels Midland Company
Land o’ lakes, Inc
Nutreco, ALLTECH, INC
New Hope Group Co. Ltd
Wen’s Group
ForFarmers B.V
Agribusiness Holding Miratorg
Kyodo Shiryo Company
Sodrugestvo Group S.A
DeKalb Feeds, Inc
De Heus B.V
Ballance Agri-Nutrients Ltd
J.D. Heiskell & CO
Kent Feeds
Weston Milling Animal Nutrition
EWOS GROUP
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Ingredients
5.1.1 Cereals
5.1.2 Cereals by-Product
5.1.3 Oilseed Meal
5.1.4 Oil
5.1.5 Molasses
5.1.6 Supplements
5.1.7 Others
5.2 By Supplements
5.2.1 Vitamins
5.2.2 Antibiotics
5.2.3 Antioxidants
5.2.4 Amino Acids
5.2.5 Feed Enzymes
5.2.6 Feed Acidifiers
5.2.7 Others
5.3 By Animal type
5.3.1 Ruminant
5.3.2 Swine
5.3.3 Poultry
5.3.4 Aquaculture
5.3.5 Others
6. Geographical Analysis
6.1 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.2 Europe
6.2.1 Introduction
6.2.2 U. K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.3 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 South Korea
6.3.6 Australia
6.4 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.5 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Cargill Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Charoen Pokphand Foods
8.3 Archer Daniels Midland Company
8.4 Land o’ lakes, Inc.
8.5 Nutreco
8.6 ALLTECH
8.7 New Hope Group Co. Ltd
8.8 DeKalb Feeds, Inc.
8.9 Weston Milling Animal Nutrition
8.10 Kyodo Shiryo Company
8.11 Sodrugestvo Group S.A.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
