PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755833
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755833
Poultry Feed Market Introduction and Overview
According to SPER market research, 'Global Poultry Feed Market Size- By Livestock, By Additives - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Poultry Feed Market is predicted to reach USD 369.03 Billion by 2034 with a CAGR 4.74%.
Poultry feed is a specially formulated diet created for domesticated birds such as chickens, turkeys, ducks, and other poultry types. Its primary purpose is to supply the essential nutrients needed for healthy growth, disease resistance, and optimal productivity, whether the birds are raised for meat (broilers) or egg production (layers).
Restraints: The poultry feed market encounters several notable challenges that influence its growth and profitability. A major issue is the volatility in prices of essential raw materials such as corn, soybean meal, and other grains, which significantly impacts production expenses. Furthermore, stricter regulations on the use of antibiotics and growth enhancers in feed have forced manufacturers to explore alternative options, often leading to increased costs.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Livestock, By Additives
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered Alltech Inc., BASF, Evonik Industries, Kent Nutrition Group, Inc., Novus International Inc., Royal DSM N.V.
Global Poultry Feed Market Segmentation:
By Livestock: Based on the Livestock, Global Poultry Feed Market is segmented as; Layers, Broilers, Turkeys, Others.
By Additives: Based on the Additives, Global Poultry Feed Market is segmented as; Antibiotics, Vitamins, Antioxidants, Amino Acid, Feed Enzymes, Feed Acidifiers, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.