Compound Feed Market, By Ingredient Type, By Animal Type, By Geography

The Global Compound Feed Market is projected to reach around US$ 719.5 billion by 2030, exhibiting a CAGR of 5.9% during the forecast period (2023-2030).

Global Compound Feed Market Share (%), By Region, 2022

The term "compound feed" describes a variety of ingredients used in a mix to provide balanced nutrition to livestock. These materials may come from inorganic sources, plant sources, or industrial processing. Common raw materials used for this type of feed include soybean, corn, wheat, barley, and sorghum. Many additives such as vitamins, minerals, and amino acids are also blended in feed. These ingredients are essential for the proper functioning of livestock.

Compound feed manufacturing is a process for producing feed based on composing a safe, balanced ration of feed using advanced animal nutrition science and feed processing technology. Feed formulators hold profound scientific expertise in animal nutrition, surpassing the knowledge of human nutrition

Market Dynamics

The Global compound feed market is experiencing a surge due to the increasing demand for high-value and high-quality food products including eggs, meat, and milk. Furthermore, the global demand for fish and fish-based products is once again driving the market growth. The industrialization of the livestock sector is also expected to contribute to the market expansion. However, the increasing preference for organically-sourced meat, eggs, and dairy products may act as a hindrance to the global compound feed market growth.

The Global compound feed market is experiencing a surge due to a variety of factors including the increasing demand for animal and plant-based products in emerging economies like India, Brazil, an increased emphasis on the latest market trends, the implementation of modern agricultural production techniques to enhance productivity, rapid growth in developing countries, the widespread adoption of cutting-edge technologies, and the increased competitiveness of the industry.

Key features of the study:

• This report provides an in-depth analysis of the global compound feed market and provides market size (US$ Bn) and Compound Annual Growth Rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global compound feed market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• The key companies covered as a part of this study include Charoen Pokphand Foods PCL, Cargill Inc., Land O' Lakes Inc. (Purina Mills), Alltech Inc., Archer Daniels Midland Company, ForFarmers, United Animal Health (DeKalb Feeds), Kent Feeds, Weston Milling Animal Nutrition, and Nutreco NV
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up-gradation, market expansion, and marketing tactics
• The global compound feed market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global compound feed market

Global Compound Feed Market Detailed Segmentation:

• By Ingredient Type:
  • Cereals
  • Cakes and Meals
  • By-products
  • Supplements
• By Animal Type:
  • Ruminants
  • Poultry
  • Swine
  • Aquaculture
  • Other Animal Types
• By Region:
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa
• Company Profiles
  • Charoen Pokphand Foods PCL
  • Cargill Inc.
  • Land O' Lakes Inc. (Purina Mills)
  • Alltech Inc.
  • Archer Daniels Midland Company
  • ForFarmers
  • United Animal Health (DeKalb Feeds)
  • Kent Feeds
  • Weston Milling Animal Nutrition
  • Nutreco NV