Compound Feed Market Analysis Report by Market Data Forecast

Compound feed is a combination of raw materials and supplements, derived from plants or animals, and fed to the livestock orally. Most frequently used raw materials include soybean, corn, barley, wheat and sorghum. Minerals, amino acids, antibiotics, and colorants are the most frequently used additives. Compound feed has become a vital part of the growing livestock industry and meat production industry. The end consumers of the compound feed are poultry, pig, ruminants, fish etc.

Compound Feed Market: Drivers & Restraints
The growth of the Global Compound feed market is majorly driven by factors such as the growth in global meat consumption, increase in awareness towards meat quality and safety, increase in mass production of meat, and recent livestock disease outbreaks. The increasing global population is also supporting the growth of the world meat market, ultimately increasing the demand for compound feed. The growing awareness among consumers regarding benefits of organic food and meat has led to an increase in the consumption which in turn led to increase in demand for organic feed.

Different regulatory structures, volatile economies, and increasing cost of operations are the major restraining factors for the market. And, an increase in the cost of raw materials is also a key challenge for the companies in the market.

Get accurate market forecast and analysis on the Compound Feed Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/global-compound-feed-market-345/request-sample

Compound Feed Market: Segmentation
By Ingredients
• Cereals
• Cereals by-Product
• Oilseed Meal
• Oil
• Molasses
• Supplements
• Others

By Supplements
• Vitamins
• Antibiotics
• Antioxidants
• Amino Acids
• Feed Enzymes
• Feed Acidifiers
• Others

By Animal type
• Ruminant
• Swine
• Poultry
• Aquaculture
• Others

By Geography
• North America
o United States
o Canada

• Europe
o U.K
o Spain
o Germany
o Italy
o France
• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea

• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America

• Middle East & Africa
o Middle-East
o Africa

Compound Feed Market: Overview
Poultry, pork, and cattle are the largest consumers of compound feed globally accounting for the major share of the overall compound feed market. Cereals are the most commonly used ingredients in compound feed whereas Vitamins are the most widely used additives.

The poultry segment is developing as a leading livestock segment for consumption, trailed by swine and cattle, because of the increase in demand for poultry meat, consumer taste predilections, and rise in disposable incomes in developing economies, primarily in China and India. Hence there is a growing need for steady and reliable animal feed. The Asia-Pacific region is expected to register the highest CAGR during the forecast period. This can be attributed to the considerable increase in feed production and increasing awareness among the consumers about the quality of meat, and dairy and related products.

Compound Feed Market: Key Players
Some of the major companies dominating this market are Cargill Inc., Charoen Pokphand Foods, Archer Daniels Midland Company, Land o’ Lakes Inc., Sodrugestvo Group S.A., DeKalb Feeds, Inc., De Heus B.V, Ballance Agri-Nutrients Ltd., J.D. Heiskell & CO, Kent Feeds, Weston Milling Animal Nutrition, Nutreco, ALLTECH, INC, New Hope Group Co. Ltd, Wen’s Group, ForFarmers B.V., Agribusiness Holding Miratorg, Kyodo Shiryo Company, and EWOS GROUP.

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind speciality with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.

Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com

This release was published on openPR.