Compound feed is formulated by mixing various ingredients and additives to cater to specific requirements of livestock such as poultry, swine, ruminants, aquaculture, and others on the basis of their growth phases, physiological requirements, nutrition requirements, etc. These compound feeds act as wholesome meal for animals that fulfill their nutritional requirements and help in achieving better performance and improved immune system.
MARKET DYNAMICS
Rising popularity of compound feed amongst livestock producers owing to their benefits is the key factor driving the market growth. Moreover, growing demand for animal-based products such as meat and dairy products owing to their high protein content is also expected to contribute to the growing demand for compound feed over the forecast period. Furthermore, growing awareness about evaluation of specific nutritional requirements of livestock animals in order to achieve high performance and high-quality animal based products is another key factor anticipated to fuel the market growth in the forthcoming years.
MARKET SCOPE
The "Global Compound Feed Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the compound feed market with detailed market segmentation by raw materials, form, and livestock. The global compound feed market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading compound feed market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global compound feed market is segmented into raw materials, form, and livestock. By raw material, the compound feed market is bifurcated into cereals & grains, by-products, supplements, and cakes & meals. By form, the compound feed market is bifurcated into mash, crumbles, pellets, and others. By livestock, the compound feed market is bifurcated into poultry, swine, ruminants, aquaculture, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global compound feed market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The compound feed market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the compound feed market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the compound feed market in these regions.
MARKET PLAYERS
The report covers vital developments in the compound feed market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the compound feed market are anticipated to lucrative growth opportunities in the future with the rising demand for compound feed in the global market. Below mentioned is the list of few companies engaged in the compound feed market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the compound feed market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Charoen Pokphand Foods PCL
- Cargill, Inc.
- Archer Daniels Midland (ADM) Company
- Land 'O Lakes Inc.
- ForFarmers NV
- New Hope Group
- Nutreco
- Feed One Co.
- J.D. Heiskell & Co.
- Kent Nutrition Group
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.