The growing adoption of flexible feeds is driving the growth in Global Compound Feeds Market in the forecast period, 2022-2026. According to TechSci Research report, “Global Compound Feed Market By Ingredient (Cereals, Cakes & Meals, By-Products, Supplements, Others), By Livestock (Ruminants {Calf, Dairy Cattle, Beef Cattle, Others}, Swine {Broilers, Grower, Sow}, Poultry {Broilers, Layers, Breeders, Others}, Aquaculture {Mollusks, Fishes, Crustaceans, Others}, Others), By Source (Plant-Based v/s Animal-Based), By Form (Mash, Pellets, Crumbles, Others), By Region, Competition Forecast & Opportunities, 2026”, the global compound feeds market would potentially project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of surging demand for the quality food for the livestock animals and aquaculture animals.
The Important Aspects of the Global Compound Feed Market
the rising demand for meat and dairy products is also driving the future growth of the global compound feed market in the upcoming five years. Consumer inclination toward an animal-protein-based diet and enhanced consumption of beef, pork, and other similar products are substantiating the future growth of the global compound feeds market in the next five years. Factors like industrialization and advanced technological developments are also expected to support the growth of the global compound feed market in the future five years. Although the rising cost of raw materials and stringent government regulations may put a mild restraint on the growth of the global compound feed market in the forecast years until 2026, with consistent efforts with research and technological development the market is expected to regain stability in future growth. The recent pandemic situation due to widespread COVID-19 also affected the growth of the market although the market is steadily regaining its growth rate in recent months.
To provide a surplus amount of nutrients and healthier food, compound feed is incorporated in the livestock and aquaculture diet. Compound feed is a mixture of raw materials and additives that are added to livestock feed. It is often prepared and manufactured according to the standard levels of nutrients required for each type of livestock. Compound feed aids the food supply and quality of all livestock production and aquaculture productions. Often sourced from plant-based resources like soybean, sorghum, wheat, barley, and corn, with additives like vitamins, minerals, and amino acids, the compound feed is responsible to replenish the balanced diet for the livestock animals.
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The global compound feeds market is segmented by ingredient, livestock, source, form, competitional landscape, and regional distribution. Based on livestock, the market is further bifurcated into ruminants, swine, poultry, aquaculture, and others. The Swine sub-segment is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of an increase in pork production in the forecast period. The swine sub-segment further includes livestock accounting for broilers, growers, and sows. Aquaculture is also expected to register significant growth on the account of rising demand for fish as feed. Fishes are a good source of essential amino acids and vitamins. Moreover, demand for seafood is rapidly increasing as more people are becoming aware of the health benefits of fish meals and these surging demands are further driving the growth of the global compound feed market in the future five years.
A list of major shareholders of the global compound feed market
- Cargill Inc.
- ADM (Archer-Daniels-Midland Company)
- New Hope Group Co., Ltd.
- Charoen Pokphand Group Co., Ltd.
- Land O’Lakes Inc.
- Nutreco N.V.
- Guangdong Haid Group Co. Ltd.
- For Farmers N.V.
- Alltech Inc.
- Feed One Co. Ltd.
- Kent Nutrition Group
- Purina Animal Nutrition LLC
- DE HEUS Animal Nutrition
- Elanco Animal Health Incorporated
- BASF SE, among others. These market players are actively involved in research and technological development in product development. The advanced technology has made it possible for the industry to provide excellent services through the compound feed. Further advancement would aid the market value and brand establishment in the future five years. New market players may focus on research and development to provide options that satisfy consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
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“Asia Pacific region is anticipated to dominate the regional shares of the global market analysis. The surging demand for meat and dairy products along with the rapidly increasing number of market players in the region is driving the growth of the global compound feed market in the next five years. Moreover, the countries like China, India, etc. are highly functional producers of agricultural commodities and livestock culture. The demand for the higher-yielding feeds such that the livestock is healthy and well-nourished is also substantiating the growth of the global compound feed market in the next five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.
“Global Compound Feed Market By Ingredient (Cereals, Cakes & Meals, By-Products, Supplements, Others), By Livestock (Ruminants {Calf, Dairy Cattle, Beef Cattle, Others}, Swine {Broilers, Grower, Sow}, Poultry {Broilers, Layers, Breeders, Others}, Aquaculture {Mollusks, Fishes, Crustaceans, Others}, Others), By Source (Plant-Based v/s Animal-Based), By Form (Mash, Pellets, Crumbles, Others), By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of global compound feed and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global compound feed market.
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