The global compound feed market is estimated to grow at a CAGR of nearly 4.6% during the forecast period. The major factors contributing to the growth of the market include the increasing livestock population and rising demand for meat and dairy products. A significant rise in livestock population has been reported across emerging countries. For instance, as per the National Dairy Development Board, in India, the total livestock population increased from 512.1 million in 2012 to 535.8 million in 2019. Increasing dairy farming is the major factor in the increasing focus on livestock farming in the country. This leads to the increasing demand for compound feed which is a mixture of several concentrate feed ingredients in appropriate proportion.
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Some commonly used compound feed ingredients in animals include agro-industrial by-products, grains, brans, minerals and vitamins, protein meals/cakes, and chunnies. These are considered an economical source of concentrate supplements which is available in the form of cubes, mash, crumbles, pellets, and more. The compound feed is used as a supplement to other staples of the animals’ diets and meet the nutritional requirements of the target animals. It offers a good source of nutrition to cattle, poultry, swine, rabbits, horses, and other animals.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Compound Feed Market by Animal Type
- Swine
- Poultry
- Ruminants
- Aquaculture
- Others
Global Compound Feed Market by Ingredient
- Supplements
- Minerals and Vitamins
- Probiotics and Prebiotics
- Amino Acids
- Acidifiers and Enzymes
- Others
- Cereals
- Cakes & Meals
- By-Products
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Alltech, Inc.
- Archer Daniels Midland Co. (ADM)
- Ballance Agri-Nutrients Ltd.
- Cargill, Inc.
- Charoen Pokphand Foods Public Co. Ltd. (CPF)
- ERBER AG
- Feed One Co., Ltd.
- ForFarmers N.V.
- Guangdong HAID Group Co., Ltd.
- Land O’Lakes, Inc.
- Neovia Group
- New Hope Group
- Novus International, Inc.
- Nutreco N.V.
- PT Japfa Comfeed Indonesia Tbk.
- Roquette Frères
- Smithfield Foods, Inc.
- Tyson Foods, Inc.
- United Animal Health, Inc.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global compound feed market. Based on the availability of data, pipeline analysis and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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