Middle East and Africa Compound Feed Market was worth $36.5 billion in 2021 and estimated to be growing at a CAGR of 1.51%, to reach $39.35 billion by 2026. 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.
Middle East And Africa Compound Feed Market Drivers:
The growth of the Middle East and Africa Compound feed market is majorly driven by factors such as rise in meat consumption, increase in mass production of meat, and recent livestock disease outbreaks. Different regulatory structures, volatile economies, and increasing cost of operations are the major restraining factors for this regional market. And, an increase in the cost of raw materials is also a key challenge for the companies in the market.
Middle East And Africa Compound Feed Market - By Ingredients:
Cereals
Middle East And Africa Compound Feed Market - By Supplements:
Middle East And Africa Compound Feed Market - By Animal:
Poultry, pork, and cattle are the largest consumers of compound feed in this region, accounting for the major share of the overall compound feed market.
The Market is Geographically divided into:
The Middle Eastern and African market is projected to be the fastest-growing market for the Compound feed market. In terms of revenue, South Africa leads the market in this region. This 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 products and due to the rise in disposable incomes in developing economies.
Key Players:
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 Introduction
6.2 Middle-East
6.3 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
