Global Compound Feed Market is projected to grow at a significant CAGR from 2017 to 2025
Compound feed is a mixture of raw materials and supplements, sourced from either plants or animals, fed to the livestock orally. They are required to regulate metabolism and maintain good health of animals for further human consumption. Increasing disposable incomes of the middle class, rise in health awareness due to increased meat intake by individuals, and better nutritional content of meat products requirements has boosted the demand for the market. The global compound feed market by ingredients is segmented into cereals, fishmeal & fish oil, oilseed, molasses, supplements and others. The cereal based compound feed market outperformed the others and accounts for majority of the market share. Increase in the demand for and production of livestock such as poultry, swine and broiler coupled with increase in the consumption of meat is likely to drive the demand for compound feed. Also, increase in consumer awareness regarding benefits of organic food and meat led to increase in consumption which in turn led to increase in demand for organic feed. Different regulatory structures, volatile economies, and increasing cost of operations are the major restraining factors for the market.
The report is designed to provide a complete view on the global Compound Feed market. The report has been categorised into qualitative and quantitative insights over the forecast period (2017-2025). The demand and supply matrix section falls under the qualitative information category wherein the market dynamics for Compound Feed market has been studied considering a short term forecast of the factors/ variables which have an impact on Compound Feed market. The market segments and their respective estimates & forecasts has been covered under the quantitative information category. Regional estimates and forecasts & trend analysis for each country and region is also available in the study. The report concludes by providing the competitive landscape of the major market participants which are profiled by analysing their organic & inorganic growth strategies, regional presence, and product portfolio among others.
Study Technique: Global Compound Feed Market
The global Compound Feed market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process. The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Compound Feed market. The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers. Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company’s manufacturing Compound Feed, and customer analytics.
Global Compound Feed Market Segmentation
On the basis of supplements, the compound feed market is segmented into vitamins, antibiotics, antioxidants, amino acids, feed enzymes, feed acidifiers and others. The amino acids segment dominated the compound feed market, whereas the antioxidant segment is likely to grow in upcoming years. Based on livestock, the compound feed market is segmented into ruminant, swine, poultry, aquaculture and others. The swine segment accounted for the majority share of the market. The poultry segment although was expected to perform well, did poorly due to the recent outbreaks of avian influenza.
End-User Landscape (Consumer Profile): Compound Feed Market
Companies such as Archer Daniels Midland, Alltech Inc., Cargill, New Hope Group, and Land O Lakes Purina, among others are investing extensively in the manufacturing and sale of Compound Feed, which presents a huge opportunity to Compound Feed suppliers. The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic, and inorganic growth strategies among others.
Archer Daniels Midland, Alltech Inc., Cargill, New Hope Group, Land O Lakes Purina, and Wens Group, among others account for the major share in Compound Feed market. Companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. The other companies profiled in the report include: Miratorg Agribusiness Holding, Nutreco N.V., De Heus Voeders B.V., and Kyodo Shiryo Co., Ltd.
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