Global Compound Feed Market 2023: Future Demand, Market Analysis & Outlook To 2030

Market Overview:
Global Compound Feed Market Was Valued At USD 464.94 Billion In 2021, And It Is Projected To Reach USD 620.11 Billion By 2028, Registering An Estimated CAGR Of 4.2% During 2021- 2028.

A feed mixture is feed prepared based on different growth stages, physiological needs, and different production goals of animals, which helps to improve the nutritional value of the feed. The mixed feed is rich in ingredients and formulated according to the needs of the target animal, containing vitamins, minerals, protein cakes/nutrients, chunnis, agro-industrial by-products, grains, and bran. This type of feed is prepared in the form of pellets, flour, cubes, or crumbs. Compound feed is tasty and very useful for pregnant women and dairy animals, thus contributing to the growth of the compound feed market. Additionally, growth in the global livestock population, the spread of animal diseases, and population growth, especially in developing countries, are expected to contribute to the growth of the composite food market.

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Analysis of the Top Market Players:
• Alltech(USA)
• Archer Daniels Midland Company (Chicago)
• Cargill, Inc. (US)
• Charoen Pokphand Foods Public Company Limited (Thailand)
• Feed One Co., Ltd. (Japan)
• ForFarmers N.V. (Netherlands)
• Guangdong Haid Group Co. Ltd. (China)
• J.D. Heiskell & Co. (California)
• Kent Nutrition Group, Inc. (US)
• Land O'Lakes, Inc. (US)
• New Hope Group SA (Australia)
• Nutreco NV (Netherlands), and other major players.

Market Dynamics:
Driver:
Compound feed plays an important role in focusing on animal health and nutrition and the raw feed chain. Accurately prepared mixed feed is important both as a provider of sufficient nutrients for animals and domestic animals and also to improve their health, which further contributes to the growth of the market of mixed feed. High-quality meat products, several health benefits, and nutritional properties of foods contribute to a rapid increase in the demand for nutritional mixtures. Many large livestock producers in developing countries focus on improving the health of livestock because they contribute to sustainable food production and are a source of income for many farmers.

Opportunities:
The sudden emergence of many animal diseases will drive the market growth of the compound feed market during the forecast period and create growth opportunities. Due to many animal diseases, many dairy and meat sellers are switching from local feed to compound feed to ensure livestock health and quality. Also due to modernization and improved meat processing equipment, meat production is estimated to increase and create additional opportunities in the mixed feed market.

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Key Chapter Will Be Provided In The Report
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis

Segmentation of the Compound Feed Market:
By Ingredient
• Feed Cereals
• Cakes and Meals
• Animal By- Products

By Form
• Solid
• Liquid

By Animal Type
• Cattle
• Swine
• Poultry
• Aquaculture

Regional Analysis Of Compound Feed Market
Asia-Pacific region dominates the growth of compound feed market and will continue to flourish its dominance during the projected period owing to the growing research and development investments, increasing demand for meat including mutton, poultry, beef and pork and high awareness and preference among livestock farmers. Asia-Pacific is also anticipated to be the fastest-growing market for compound feed on account of increasing consumption of dairy and meat products and rising per capita income. Malaysia, Hong Kong, South Korea, Taiwan, India, Singapore, China and Australia are leading contributors to the growth of Asia Pacific region. Additionally, Asia Pacific is the largest milk and milk products producing region in the world and countries like India contribute majority of the share in the dairy industry of the Asian Pacific region. All these factors are thereby responsible for the compound feed market growth in Asia Pacific.
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Key Industry Development In The Compound Feed Market
In January, 2022, ADM started an Aquaculture Innovation Lab at the Animal Nutrition Technology Centre (ANTC) in Decatur, Illinois. The laboratory extends ADM's international research and development capabilities to a new region, building on existing aquaculture research facilities located in Brazil, Mexico, and Vietnam. The new facility expands global capabilities to develop novel nutrition solutions

In October, 2021, BASF and Cargill expanded their partnership in the animal nutrition business by adding research and development capabilities and fresh markets to the partners' existing feed enzymes distribution agreements. Together, they both plan to develop, produce, market, and sell customer-centric enzyme products and solutions. Their ultimate goal is to bring farmers to feed innovations that will reduce nutrient waste, improve feed efficiency, and promote animal growth and wellbeing.

The report covers exhaustive analysis on:
• The market size and industry growth rate of the global and regional market across various segments
• Based on extensive primary and secondary research this report provides comprehensive and granular data
• Key technological advancements and market trends that shape the market
• Brand dynamics and distribution trends in order to effectively plan strategies in the forecast period 2023-2029
• Key companies operating in the global Compound Feed market and their market share

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