Poultry Feed - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)

According to Mordor Intelligence, the poultry feed market size reached USD 237.5 billion in 2026 and is projected to rise to USD 278.8 billion by 2031, reflecting a 3.3% CAGR during the forecast period.

This report is Segmented by Feed Type (Layer Feed, Broiler Feed, and More), by Form (Pellets, Crumbles, and More), by Ingredient Type (Cereals, Oilseed Meal, Molasses, Fish Oil and Fish Meal, Additives, and More), and by Geography (North America, Europe, Asia-Pacific, South America, Middle East, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global Poultry Feed Market Trends and Insights

Rising Global Poultry Meat Consumption

The global per-capita poultry meat consumption reached 17.9 kg per person in 2024, with the sharpest gains in Southeast Asia, Sub-Saharan Africa, and the Middle East . In markets such as Nigeria, Egypt, and Vietnam, compound feed production lags flock growth, encouraging mill construction near integrated poultry complexes for just-in-time delivery. Urban cold-chain expansion is displacing live-bird markets and increasing demand for consistent feed quality to support chilled meat supply. The Organization for Economic Cooperation and Development projects poultry will account for 41% of global meat consumption by 2030. These demand fundamentals underpin sustained expansion of the poultry feed market, even as ingredient costs ebb and flow.

Industrialization of Poultry Farming in Emerging Economies

Integrated farms exceeding 100,000 birds represented 68% of broiler output in China and 54% in India during 2025, up sharply from 2020 levels. Such scale favors compound feed because uniform formulations support biosecurity and predictable performance. The same model is now spreading to South Africa and Nigeria, where integrators are adding automated mills with capacities above 200,000 metric tons. As retailers demand traceability, smallholders that once mixed on-farm rations lose ground. The World Bank anticipates industrial poultry to reach 75% of emerging-market production by 2030, further concentrating demand with professional buyers.

Volatile Raw Material Prices

Corn traded between USD 4.20 and USD 5.80 per bushel during 2024-2025, while soybean meal swung from USD 380 to USD 520 per metric ton, driven by weather and demand shocks . Import-dependent markets such as Egypt and the Philippines face amplified costs when local currencies weaken against the dollar. Millers that lock in fixed-price contracts three to six months ahead risk margin squeeze when spot prices spike. Substituting wheat and barley for up to 30% of corn offers some relief, but futures markets for these grains remain thin in Asia. Elevated working-capital needs further pressure balance sheets during volatile periods. The absence of sophisticated hedging tools in Africa and parts of Asia leaves producers exposed, tempering near-term growth in the poultry feed market.

Other drivers and restraints analyzed in the detailed report include:

1. Advancements in Feed Additives Improving Feed Conversion Ratio
2. Stringent Safety Regulations Pushing Adoption of Compound Feed
3. Regulatory Scrutiny on Antimicrobial Resistance Restricting Antibiotic Growth Promoters

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Broiler feed generated 42% of 2025 value as broiler meat production climbed to 110 million metric tons, reinforcing the centrality of broilers to the poultry feed market size. Growth in North America and Europe has plateaued, yet double-digit volume gains in South Asia and Sub-Saharan Africa keep global demand expanding. Turkey feed contributed lower share but is set to grow at a 6.2% CAGR, reflecting higher protein inclusion and rising seasonal demand in the United States and export markets. Layer feed accounted for a significant share, benefiting from steady table-egg demand and bakery usage, while other species such as duck and quail formed a niche. Antibiotic-free reformulation across all sub-segments increases additive intensity, boosting margins for specialty suppliers.

Turkey feed commands higher prices because starter diets require 24-28% crude protein compared with 21-23% for broilers, giving formulators latitude to incorporate insect meal and organic trace minerals. Premiumization trends in developed economies support turkey's health positioning, while Middle Eastern and Mexican imports enlarge its geographic footprint. Layer and specialty bird formulations also emphasize gut-health additives to enhance egg quality, creating cross-segment synergies. The ongoing shift toward vertically integrated production ensures that large integrators dictate feed specifications, consolidating volume with fewer, technologically advanced mills within the poultry feed market.

Complete Report Scope:

• By Feed Type
  • Broiler Feed
  • Layer Feed
  • Turkey Feed
  • Other Poultry Feed
• By Form
  • Pellets
  • Crumbles
  • Mash
  • Others
• By Ingredient Type
  • Cereals
  • Oilseed Meal
  • Molasses
  • Fish Oil and Fish Meal
  • Additives
  • Other Ingredient Types
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
    • Rest of North America
  • South America
    • Brazil
    • Argentina
    • Chile
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • Middle East
    • Saudi Arabia
    • United Arab Emirates
    • Rest of Middle East
  • Africa
    • South Africa
    • Egypt
    • Rest of Africa

Geography Analysis

Asia-Pacific generated 32% of poultry feed market revenue in 2025 and is on track for a 4.6% CAGR through 2031, powered by China's production capacity and India's rapid shift to organized poultry farming. China's top ten producers raised their share of national output to 35% in 2025 from 22% in 2020, favoring large compound mills. India consumed 28 million metric tons of feed, yet the sector remains fragmented among 5,000 mills that compete on price, creating scope for consolidation. Japan and South Korea lead regional adoption of antibiotic-free formulations, boosting specialty additive imports, while Thailand, Vietnam, and Indonesia invest in high-capacity mills exceeding 500,000 metric tons.

Africa recorded a significant CAGR, driven by the demand in Nigeria and Egypt's growing poultry sector. Nigeria's sector is modernizing, but infrastructure gaps in electricity and logistics constrain efficiency. South Africa counters cheap Brazilian imports by upgrading feed conversion and vertical integration. The Middle East is also growing, supported by Saudi and Emirati subsidies for ingredient imports and integrated farming. South America expands but remains exposed to currency swings that affect export profitability.

Europe and North America reflect maturity and stringent environmental caps that limit flock expansion. The European Union Farm to Fork strategy halves antimicrobial use by 2030, driving enzyme utilization. The United States, a major poultry feed producer, pivots to slower-growing genetics and cage-free layers, altering feed specs. Russia advances on import substitution, while Oceania grows by targeting Asian export markets. Diverging growth trajectories confirm that emerging regions will sustain long-term expansion of the poultry feed market.

1. Cargill, Incorporated
2. New Hope Liuhe Co. Ltd
3. Charoen Pokphand Foods Public Co. Ltd
4. Land O'Lakes Inc
5. Guangdong HAID Group Co. Ltd
6. Nutreco N.V. (SHV Holdings)
7. Archer Daniels Midland Company
8. Wen's Food Group
9. ForFarmers N.V.
10. De Heus Animal Nutrition
11. BRF S.A. (Marfrig S.A.)
12. Alltech Inc
13. Novus International Inc (Mitsui & Co., Ltd.)
14. Evonik Industries AG
15. Kemin Industries, Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support