Compound Feeds and Additives Market to surpass USD 68.12 billion by 2030 from USD 39.34 billion in 2020 at a CAGR of 8.7 % in the coming years 2021-2030.
Compound feeds are processed feeds that aid in the rapid growth of livestock. To support the animal’s stage of development and the unique requirements of the livestock product in issue, the feeds are combined and have various nutritional properties. Compound feeds frequently contain grains, bran, soybeans, sorghum, barley, oats, corn, rice, chicken meal, meat, and bone. The main purpose of compound feed is to give cattle high-quality nutrients. In order to increase the nutritional value of the current feed or to give therapeutic characteristics that can assist prevent or treat diseases in the animals, feed additives are supplements that are added to livestock feed.
The market for compound feeds and additives is predicted to grow at a faster rate than average during the forecast period due to factors such as the rise in the demand for and consumption of livestock-based products, improvements in feed production, increased feed quality awareness, standardisation of meat products due to disease outbreaks, and the use of cutting-edge animal husbandry techniques to improve meat quality. However, the issues most likely to obstruct the growth of the market for compound feeds and additives in the upcoming years are the restriction on antibiotics in several countries, the unstable raw material costs for natural feed additives, and the rigorous regulatory framework.
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Global Compound Feeds And Additives Market: Major Players
Cargill
Mercer Milling
Alltech
Star Milling
PRESTAGE FARMS
Kalmbach
Tyson Foods
Mars Horsecare
Purina Animal Nutrition
Kent Corporation
BRYANT GRAIN COMPANY
Wenger Group
Hi-Pro Feeds
Orangeburg Milling
LMF Feeds
White Oak Mills
Alan Ritchey
Albers Animal Feed
Global Compound Feeds And Additives Market: Types
Pellets Feed and Additives
Powder Feed and Additives
Liquid Feed and Additives
Others Feed and Additives
Global Compound Feeds And Additives Market: Applications
Poultry
Pig
Ruminant
Others
Global Compound Feeds And Additives : Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Compound Feeds And Additives report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Report Highlights
- A roadmap of growth opportunities available in the Global Compound Feeds and Additives the identification of key factors
- The exhaustive analysis of various trends of the Global Compound Feeds and Additives help identify market developments
- Comprehensive pricing analysis based on different product types and regional segments
- Market size data in terms of revenue and sales volume
- Deep insights about regulatory and investment scenarios of the global Compound Feeds and Additives
- Analysis of market effect factors and their impact on the forecast and outlook of the global Compound Feeds and Additives
- The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Compound Feeds and Additives
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