GCC Compound Feed Market 2021 Through SWOT Analysis with Leading Players-Arasco, Trouw Nutrition, Agthia, Fujairah Feed Factor, IFFCO, Al Ghurair Foods Llc

GCC Compound Feed Market by Component, Application, Services, and Region- Forecast to 2025

The Global GCC Compound Feed Market Research Report 2021-2025 published by Market Insights Reports is a significant source of keen information for business specialists. It furnishes the GCC Compound Feed business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the GCC Compound Feed worth chain and its wholesaler examination. GCC Compound Feed Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The GCC Compound Feed Market is projected to grow at a CAGR of 7% during the forecast period (2020-2025).

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Top Leading Companies of GCC Compound Feed Market are Arasco, Trouw Nutrition, Agthia, Fujairah Feed Factor, IFFCO, Al Ghurair Foods Llc, Parabel, Al-Sayer Group, Oman Flour Mills Company, Omani National Livestock Development Co., Delmon Poultry Company and others.

-GCC Compound Feed Market Analysis

-Industry News And Updates on GCC Compound Feed Market-

Poultry Feed Dominates the Market

Chicken is one of the most popular meats in the region. According to the US Department of Agriculture (USDA), the share of the United States poultry exports to Saudi Arabia have reduced from 10% in 2017 to 9.1% in 2018, primarily due to the stringent regulations from the Saudi Food & Drug Authority (SFDA) that mandates a Food Safety & Inspection Service (FSIS) issued health certificate for the imported poultry meat attesting that the poultry had been fed vegetable protein and were free from growth hormones.

-Key Market Trends GCC Compound Feed Market-

Increased Demand for Meat Drives the Market

The demand for higher-value and quality foods, such as meat, is increasing compared with plant-originated foods, such as cereals in the GCC countries. The regions increase in meat consumption is in line with the rising global trend of consumption of protein-rich foods, particularly organic and healthy produce with a strong, branded and most often halal provenance. These changes in consumption, together with sizeable population growth, have led to large increases in the total demand and production for meat in these countries, and this trend is likely to continue.

-Competitive Landscape On GCC Compound Feed Market-

The GCC compound feed market is moderately consolidated in the region with many established players along with few smaller players. Leading companies focused on acquiring feed mills and small manufacturing for expansion of the business in local as well as foreign markets. Some of the players have been expanding their geographical presence by acquiring or merging with the manufacturers in the foreign market.

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