Market Overview:
The global animal compound feed market is estimated to be valued at USD 527.5 billion in 2018 and is projected to reach a value of USD 736.8 billion by 2030, registering a CAGR of 4.4% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for animal-based protein products, rising population and income levels, and growing awareness about the benefits of animal-based proteins among consumers. The global animal compound feed market is segmented on the basis of type into solid feed, liquid feed, and other types. The solid feed segment accounted for the largest share in 2017 owing to its low cost as compared to other types of feeds and easy availability across regions.
Product Definition:
Animal compound feed is a mixture of various ingredients, including grains, proteins, vitamins and minerals that are used to feed livestock. The main purpose of animal compound feed is to provide all the nutrients that livestock need in order to grow and remain healthy. Animal compound feed also helps improve the quality of meat and milk products from livestock.
Solid Feed:
Solid feed is a mixture of food materials such as cereal, legumes, and cereals mixed with water or milk. It can be used as a substitute for the ground product in various applications including dairy cattle and poultry diets. Solid feed has been gaining importance on account of its cost-effectiveness compared to its counterparts which include pelleted products and extruded products.
Liquid Feed:
Liquid feed is a mixture of nutrients which are added to the animal compound feed for providing nutrition and energy. It provides essential amino acids, vitamins, minerals and energy required by animals. The liquid can be provided in various forms such as solutions, suspensions or emulsions depending on the requirements of animals.
The global demand for animal protein is increasing rapidly owing to rising population globally which has led to an increase in meat consumption across the world especially in emerging economies like India and China.
Application Insights:
Poultry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Poultry compound feed includes a combination of grains, oilseeds, and legumes that are rich in proteins, vitamins, minerals and other nutrients required by poultry for growth. The growing demand for broiler meat across the globe is anticipated to boost animal feed production which will subsequently propel market growth over the coming years.
The pig industry has witnessed tremendous growth due to increasing consumption of pork products including bacon strips & chops as well as hams & sausages among others. Piglets require a high amount of protein compared with other animals; this factor along with an increased requirement for vitamin A during weaning process is expected to drive demand for animal compounds globally over the coming years.
Regional Analysis:
Asia Pacific dominated the global animal compound feed market in 2017. The region is expected to witness rapid growth over the forecast period owing to increasing meat consumption and rising awareness about nutritional diet among consumers. China, India, Japan, Indonesia and South Korea are some of the major markets in Asia Pacific that are anticipated to drive regional demand for animal feed compounds over the forecast period.
North America accounted for a significant share of revenue in 2017 due to high demand from end-use industries such as poultry and swine production coupled with growing consumer awareness regarding quality nutrition products made from natural ingredients. U.S., Canada and Mexico are some of the major countries contributing towards regional growth owing to high meat consumption levels along with rising trend toward plant-based protein sources among consumers looking for more sustainable food options that offer health benefits similar or better than those offered by conventional livestock animals raised on farms/ranches/pastures etc.
Growth Factors:
- Increasing demand for meat and dairy products from the developing countries is expected to drive the growth of animal compound feed market.
- Rising awareness about the benefits of animal feed among the farmers is anticipated to propel the growth of this market in near future.
- Growing use of genetically modified organisms (GMOs) in animal feed is projected to fuel the demand for this product over next few years.
- Proliferation of livestock farming across various regions is likely to create lucrative opportunities for key players operating in this market during forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Animal Compound Feed Market Research Report
By Type
Solid Feed, Liquid Feed, Other
By Application
Poultry, Pig, Ruminant, Other
By Companies
ADM, Altech, Cargill, New Hope Group, Ballance Agri-Nutrients, Charoen Pokphand, Heiskell & Co, Ewos Group, Nutreco NV, Zhen DA International Group, De Heus Voeders B.V, Miratorg Agribusiness Holding
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Animal Compound Feed Market Report Segments:
The global Animal Compound Feed market is segmented on the basis of:
Types
Solid Feed, Liquid Feed, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Poultry, Pig, Ruminant, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ADM
- Altech
- Cargill
- New Hope Group
- Ballance Agri-Nutrients
- Charoen Pokphand
- Heiskell & Co
- Ewos Group
- Nutreco NV
- Zhen DA International Group
- De Heus Voeders B.V
- Miratorg Agribusiness Holding
Highlights of The Animal Compound Feed Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Feed
- Liquid Feed
- Other
- By Application:
- Poultry
- Pig
- Ruminant
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Animal Compound Feed Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Animal compound feed is a mixture of different types of food that are designed to provide the nutrients and energy needed by animals. It can be made from a variety of ingredients, including grains, hay, fresh or frozen meat, and other animal parts.
Some of the key players operating in the animal compound feed market are ADM, Altech, Cargill, New Hope Group, Ballance Agri-Nutrients, Charoen Pokphand, Heiskell & Co, Ewos Group, Nutreco NV, Zhen DA International Group, De Heus Voeders B.V, Miratorg Agribusiness Holding.
The animal compound feed market is expected to grow at a compound annual growth rate of 4.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Animal Compound Feed Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Animal Compound Feed Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Animal Compound Feed Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Animal Compound Feed Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Animal Compound Feed Market Size & Forecast, 2020-2028
4.5.1 Animal Compound Feed Market Size and Y-o-Y Growth
4.5.2 Animal Compound Feed Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Solid Feed
5.2.2 Liquid Feed
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Poultry
6.2.2 Pig
6.2.3 Ruminant
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Animal Compound Feed Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Animal Compound Feed Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Solid Feed
9.6.2 Liquid Feed
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Poultry
9.10.2 Pig
9.10.3 Ruminant
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Solid Feed
10.6.2 Liquid Feed
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Poultry
10.10.2 Pig
10.10.3 Ruminant
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Solid Feed
11.6.2 Liquid Feed
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Poultry
11.10.2 Pig
11.10.3 Ruminant
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Solid Feed
12.6.2 Liquid Feed
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Poultry
12.10.2 Pig
12.10.3 Ruminant
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Solid Feed
13.6.2 Liquid Feed
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Poultry
13.10.2 Pig
13.10.3 Ruminant
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Animal Compound Feed Market: Competitive Dashboard
14.2 Global Animal Compound Feed Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADM
14.3.2 Altech
14.3.3 Cargill
14.3.4 New Hope Group
14.3.5 Ballance Agri-Nutrients
14.3.6 Charoen Pokphand
14.3.7 Heiskell & Co
14.3.8 Ewos Group
14.3.9 Nutreco NV
14.3.10 Zhen DA International Group
14.3.11 De Heus Voeders B.V
14.3.12 Miratorg Agribusiness Holding
