Middle East And Africa Feed Pelletizing Agents Market

Middle East and Africa Feed Pelletizing Agents Market Size, Growth, Trends and Forecast:

Middle East and Africa Feed Pelletizing Agents market is anticipated to grow at xx% CAGR from 2022 - 2027  and it is estimated that the Middle East and Africa market was valued at USD xx billion in 2021 and is expected to reach USD xx billion by 2026.

Feed pelleting can be defined as the conversion of finely ground mash feed into dense, free-flowing pellets or capsules, in a process that involves steam injection and mechanical pressure. There are several advantages for feeding broilers pelleted rather than mash feed. The key advantage is the improved bird performance i.e. improved feed intake, weight gain, and feed conversion.

Middle East and Africa Feed Pelletizing Agents Market Drivers:

Feed Pelletizing market is mainly driven by the advantages of pelleted feed such as higher feed intake and weight gain of animals. The market has further expanded with more evidence of enhanced performance of animals due to pelleted feed. Pelleted feed has proven to be easily digestible for many animals as the process breaks many long chain molecules. Ease of handling and transportation aids the market to grow further. Pelletizing agents are added to feed during the processing stage. They bond the feed together in a required size and shape to form a pellet. The population has been growing, as the population grows there are more mouths to feed which is increasing the demand for protein, especially animal protein. To meet the market demands, farmers were pressurized to increase animal production. Pelleted feed helped them to achieve significant results. Currently, every type of feed ranging from low t high quality is available in the form of pellets. In most of the cases, it is also proven that the pelletizing costs are easily overcome by the pelleted feed effect on animals with high improvements in performance. High costs associated with processing and manufacturing the feed to pellet form are hindering the growth of the market. Moreover, unfavorable climatic conditions have also led to a rise in the cost of raw materials.

Middle East and Africa Feed Pelletizing Agents Market Segmentation:

Middle East and Africa Feed Pelletizing Agents Market – By Type:

• Natural

• Synthetic

Natural feed pelletizing agents are the dominating products in the market. They are favored by the farmers, due to growing demand for naturally derived products. Regulations against synthetic products have created an opportunity for natural products to spur the growth of the market.

Middle East and Africa Feed Pelletizing Agents Market – By Animal Type:

• Ruminant
• Poultry
• Swine
• Aquaculture
• Pet food
• others

Fish feed is mostly preferred as pellet form as they float in water for a long time, which is easy for fish to digest and absorb. This makes the fish feed to hold a considerable share in the market. Moreover, Pet and horse feeds are seen significantly in pelleted forms, as they have long shelf life and comparatively cheaper than wet food.

Geographical Analysis:

Based on geography, the market is segmented into Middle East and Africa.   North America accounted for the largest share of the market. Presence of Middle East and Africa firms and growing awareness about the efficiency of the products has further extended the growth of the market in this region. Political issues and low cost of feed ingredients and in many countries make pelletizing process expensive in Africa. However, pelleting gives the farmer control over the feed formulation, thereby reducing the cost for the farmer. Demand for meat products is growing and presents a scope of growth for feed pelletizing agent market development. Awareness about pelletized feed is not widespread and slowly increasing. Due to low feed ingredients cost, Africa presents an interesting case for exports market. Many African countries are turning into net exporters of feed.

Key Players:

Some of the key players dominating the market are BASF SE, DOW Agrosciences LLC, KWS SAAT SE, Monsanto Co., Land O’ Lakes Inc., Sakata Seed Corp, Bejo Zaden BV, Takii Sedds, Agreliant Genetics LLC, Syngenta AG Groupe Limagrain, E.l. du Poant de Nemours & Co, DLF Seeds and Science, Bayer Crop Science India Ltd, and Canterra Seeds Holdings Ltd.