Cibi e Bevande
Compound Feed Market worth $668.3 billion by 2028 - Exclusive Report by MarketsandMarkets™
Cereals are rich in carbohydrates and provide energy to animals. They also contain varying levels of protein, fiber, and essential minerals. Due to their nutritional composition, cereals serve as important sources of energy and nutrients in compound feed formulations. Cereal crops, such as corn and wheat, are widely grown and easily accessible in many parts of the world. Their availability in large quantities makes them a cost-effective option for inclusion in compound feed formulations. Thus, making them dominate the ingredients segment.
Poultry, especially chicken, is one of the most widely consumed meats globally. The demand for poultry products, such as meat and eggs, is consistently high due to factors like affordability, versatility, and nutritional value. This high demand for poultry products drives the need for poultry compound feed. The compound feed market is influenced by the high demand for poultry products, including meat and eggs, which are widely consumed globally. Poultry, particularly chicken, stands out as one of the most popular meats, with a significant consumption rate per capita. According to the OECD, poultry meat consumption in 2022 reached 32 kg per capita, compared to 1.3 kg for sheep meat, 14.2 kg for beef and veal, and 22.8 kg for pork meat.
Mash feed consists of finely ground ingredients that are mixed together, resulting in a uniform texture. This makes it easier for animals to consume and digest. It is particularly beneficial for young animals or those with delicate digestive systems, such as poultry chicks or piglets. The grinding process used to create mash feed increases the surface area of the ingredients, enhancing the availability and absorption of nutrients. This can lead to improved growth rates, feed efficiency, and overall performance in animals. Such factors make the mash form of compound feed more desirable for livestock.
https://www.marketsandmarkets.com/requestsampleNew.asp?id=12564156
Plant-based animal feed is seen as more sustainable and environmentally friendly compared to traditional compound feed, which often contains animal by-products and contributes to deforestation and greenhouse gas emissions. Plant-based feed relies on crops such as soybeans, corn, and wheat, which can be grown in a more controlled and sustainable manner. Plant-based feed is often perceived as healthier for animals. It can provide a balanced mix of essential nutrients and reduce the risk of diseases associated with animal-based feed, such as bovine spongiform encephalopathy (BSE or "mad cow disease").
The Asia Pacific region, comprising countries like China and India , holds 60% of the global population, amounting to around 4.3 billion people. This densely populated region has witnessed continuous population growth, resulting in an escalating demand for animal-derived products like meat, milk, and eggs. Consequently, there is an increased need for compound feed to sustain the growing demand for
livestock and poultry production. As incomes rise and dietary preferences evolve, there is a notable shift towards greater consumption of animal protein, propelling the expansion of the livestock and poultry sectors and further driving the demand for compound feed.
Major key players operating in the compound feed market Cargill, Inc. (US),
ADM (US) , Charoen Pokphand Foods ( Thailand ), New Hope Group ( China ), Land O'Lakes (US), Nutreco N.V ( Netherlands ), Alltech, Inc. (US), Guangdong Haid Group Co., Ltd ( China ), Weston Milling Group ( Australia ), and Feed One Co. ( Japan ).
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=12564156
Feed Additives Market by Livestock, Type (Phosphates, Amino Acids, Vitamins, Acidifiers, Carotenoids, Enzymes, Flavors & Sweeteners, Mycotoxin Detoxifiers, Minerals, and Antioxidants), Form, Source, and Region - Forecast to 2026
Aquafeed Market by Species (Fish, Crustaceans, and Mollusks), Ingredient (Soybean, Corn, Fishmeal, Fish Oil, and Additives), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, and Brooder Feed), Form, Additive, and Region - (2020-2025)
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/compound-feed-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/compound-feed.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/compound-feed-market-worth-668-3-billion-by-2028--exclusive-report-by-marketsandmarkets-301867799.html