Market Overview:
The global poultry feed supplements market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising demand for meat and eggs, increasing awareness about animal health and nutrition, and growing demand for organic poultry feed supplements. On the basis of type, the global poultry feed supplements market is segmented into minerals, amino acids, vitamins, enzymes, and others. The minerals segment is expected to hold the largest share in terms of revenue in 2018 owing to its high nutritional value. On the basis of application, chicken held the largest share in 2017 owing to its high consumption globally. However, duck is projected to grow at a higher CAGR during 2018-2030 due its increasing popularity as a delicacy across different regions worldwide.
Product Definition:
Poultry feed supplements are substances that are added to poultry feed in order to improve its nutritional value. They may be made from natural or synthetic materials, and they may be added to the feed either in powder form or as a liquid. Poultry feed supplements are important because they can help improve the health and productivity of poultry flocks.
Minerals:
Minerals are naturally occurring inorganic elements required by the body for normal functioning. Minerals are essential to all types of foods and drinks, including processed food, ready-to-eat meals, milk & dairy products and nonalcoholic beverages. Mineral content varies with different types of feeds according to its necessity or use as a feed additive.
Mineral deficiency is when there is an absence or lack of essential minerals in the body which may result into poor growth performance.
Amino Acids:
Amino acids are the basic building blocks for protein. Proteins are important to all living organisms as they provide functions such as growth, healing, and protection from pathogens. They also play an important role in nutrient digestion and absorption. Amino acids can be classified into two groups: those derived from animal sources (protein) and those derived from plant sources (vitamins).
Application Insights:
The chicken application segment led the global poultry feed supplements market in 2017. The segment is also expected to register the fastest CAGR from 2018 to 2030 owing to increasing meat consumption and rising awareness regarding protein deficiency among consumers.
Duck was the second-largest application of poultry feed supplements in 2017. Increasing demand for duck products including liver, kidneys, feathers and skin as well as eggs is expected to drive growth over the forecast period. Goose is estimated to be one of the fastest-growing applications of poultry feeds due largelyto its high nutritional value and growing preference for organic farming techniques across various regions worldwide.
Regional Analysis:
Asia Pacific was the largest market for poultry feed supplements, accounting for a share of more than 35.0% in 2017. The presence of a large number of poultry farms in this region is expected to remain one of the key factors driving demand over the forecast period. China and India are among the top five producers as well as consumers globally; thus, they dominate global trade patterns with respect to feed additives and products as well.
The rising awareness about health benefits associated with poultry consumption is also likely to contribute positively toward industry growth over the next eight years or so.
Growth Factors:
- Increasing demand for poultry meat and eggs from the developing countries is expected to drive the growth of poultry feed supplements market.
- Rising awareness about the benefits of using poultry feed supplements among the farmers is anticipated to propel the growth of this market in near future.
- Growing adoption of precision farming techniques is projected to fuel demand for poultry feed supplements over next few years.
- Proliferation of new product launches by key players is likely to boost growth prospects for this market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Poultry Feed Supplements Market Research Report
By Type
Minerals, Amino Acids, Vitamins, Enzymes, Others
By Application
Chicken, Duck, Goose, Others
By Companies
Evonik, Adisseo, CJ Group, Novus International, DSM, Meihua Group, Kemin Industries, Zoetis, CP Group, BASF, Sumitomo Chemical, ADM, Alltech, Biomin, Lonza, Global Bio-Chem, Lesaffre, Nutreco, DuPont, Novozymes
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Poultry Feed Supplements Market Report Segments:
The global Poultry Feed Supplements market is segmented on the basis of:
Types
Minerals, Amino Acids, Vitamins, Enzymes, Others
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
Chicken, Duck, Goose, Others
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:
- Evonik
- Adisseo
- CJ Group
- Novus International
- DSM
- Meihua Group
- Kemin Industries
- Zoetis
- CP Group
- BASF
- Sumitomo Chemical
- ADM
- Alltech
- Biomin
- Lonza
- Global Bio-Chem
- Lesaffre
- Nutreco
- DuPont
- Novozymes
Highlights of The Poultry Feed Supplements 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:
- Minerals
- Amino Acids
- Vitamins
- Enzymes
- Others
- By Application:
- Chicken
- Duck
- Goose
- Others
- 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 Poultry Feed Supplements 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.
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- Correctly Positioning New 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?
Poultry feed supplements are a type of animal feed that are designed to provide extra nutrients and minerals for poultry. These supplements can be used to help increase the weight or health of chickens, turkeys, ducks, geese, and other poultry.
Some of the major players in the poultry feed supplements market are Evonik, Adisseo, CJ Group, Novus International, DSM, Meihua Group, Kemin Industries, Zoetis, CP Group, BASF, Sumitomo Chemical, ADM, Alltech, Biomin, Lonza, Global Bio-Chem, Lesaffre, Nutreco, DuPont, Novozymes.
The poultry feed supplements market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Poultry Feed Supplements Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Poultry Feed Supplements Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Poultry Feed Supplements Market - Supply Chain
4.5. Global Poultry Feed Supplements Market Forecast
4.5.1. Poultry Feed Supplements Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Poultry Feed Supplements Market Size (000 Units) and Y-o-Y Growth
4.5.3. Poultry Feed Supplements Market Absolute $ Opportunity
5. Global Poultry Feed Supplements Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Poultry Feed Supplements Market Size and Volume Forecast by Type
5.3.1. Minerals
5.3.2. Amino Acids
5.3.3. Vitamins
5.3.4. Enzymes
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Poultry Feed Supplements Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Poultry Feed Supplements Market Size and Volume Forecast by Application
6.3.1. Chicken
6.3.2. Duck
6.3.3. Goose
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Poultry Feed Supplements Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Poultry Feed Supplements Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Poultry Feed Supplements Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Poultry Feed Supplements Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Poultry Feed Supplements Demand Share Forecast, 2019-2026
9. North America Poultry Feed Supplements Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Poultry Feed Supplements Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Poultry Feed Supplements Market Size and Volume Forecast by Application
9.4.1. Chicken
9.4.2. Duck
9.4.3. Goose
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Poultry Feed Supplements Market Size and Volume Forecast by Type
9.7.1. Minerals
9.7.2. Amino Acids
9.7.3. Vitamins
9.7.4. Enzymes
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Poultry Feed Supplements Demand Share Forecast, 2019-2026
10. Latin America Poultry Feed Supplements Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Poultry Feed Supplements Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Poultry Feed Supplements Market Size and Volume Forecast by Application
10.4.1. Chicken
10.4.2. Duck
10.4.3. Goose
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Poultry Feed Supplements Market Size and Volume Forecast by Type
10.7.1. Minerals
10.7.2. Amino Acids
10.7.3. Vitamins
10.7.4. Enzymes
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Poultry Feed Supplements Demand Share Forecast, 2019-2026
11. Europe Poultry Feed Supplements Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Poultry Feed Supplements Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Poultry Feed Supplements Market Size and Volume Forecast by Application
11.4.1. Chicken
11.4.2. Duck
11.4.3. Goose
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Poultry Feed Supplements Market Size and Volume Forecast by Type
11.7.1. Minerals
11.7.2. Amino Acids
11.7.3. Vitamins
11.7.4. Enzymes
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Poultry Feed Supplements Demand Share, 2019-2026
12. Asia Pacific Poultry Feed Supplements Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Poultry Feed Supplements Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Poultry Feed Supplements Market Size and Volume Forecast by Application
12.4.1. Chicken
12.4.2. Duck
12.4.3. Goose
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Poultry Feed Supplements Market Size and Volume Forecast by Type
12.7.1. Minerals
12.7.2. Amino Acids
12.7.3. Vitamins
12.7.4. Enzymes
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Poultry Feed Supplements Demand Share, 2019-2026
13. Middle East & Africa Poultry Feed Supplements Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Poultry Feed Supplements Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Poultry Feed Supplements Market Size and Volume Forecast by Application
13.4.1. Chicken
13.4.2. Duck
13.4.3. Goose
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Poultry Feed Supplements Market Size and Volume Forecast by Type
13.7.1. Minerals
13.7.2. Amino Acids
13.7.3. Vitamins
13.7.4. Enzymes
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Poultry Feed Supplements Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Poultry Feed Supplements Market: Market Share Analysis
14.2. Poultry Feed Supplements Distributors and Customers
14.3. Poultry Feed Supplements Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Evonik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Adisseo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CJ Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Novus International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DSM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Meihua Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kemin Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zoetis
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CP Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BASF
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sumitomo Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ADM
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Alltech
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Biomin
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Lonza
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Global Bio-Chem
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Lesaffre
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Nutreco
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. DuPont
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Novozymes
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook