Press release
Poultry Feed Market to surpass US$ 194.45 Bn in 2030
Poultry Feed Market
Feed ingredients are chosen for poultry diets on the basis of nutrients they will deliver. Amino acids, proteins, minerals, and vitamins are the key nutrients required for proper nourishment of livestock. The rising demand for poultry products will result in higher demand for nutritive poultry feed.
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“Poultry feed production has increased considerably in the last few years and is expected to continue increasing owing to the rising demand for white meat based protein. Driven by this, several behemoths are entering into the market with innovative poultry feed products. This would enable growth in the poultry feed market in the coming years,” said a lead analyst at FMI
Poultry feed ingredients are broadly classified into protein meals, cereal grains, oils, feed additives, and feed additives. Cereal grains such as corn, wheat, and others are mainly used to fulfil the energy requirement of the poultry.
Corn is the most commonly used poultry feed used across the world owing to its high energy content of 3300 kcal/kg than other feed types such as wheat sorghum, barley, oats, and other types.
Poultry Feed Market Outlook & Key Findings
Future Market Insights (FMI) forecasts the poultry feed market to surpass US$183.62 Bn in 2020
Elevated levels of poultry feed and nutrition will be required in high potential countries of Asia, particularly to meet the burgeoning demand for poultry products among consumers
According to FMI, East and South Asia will collectively exhibit 1.5 times higher rate of growth than rest of the world
Implementing latest technologies such as Nutrigenomics to help animals reach their genetic potential is one of the key strategies adopted by market players
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Leading suppliers in Poultry Feed Market
Poultry farming is a lucrative business and offers higher scope for profit maximization. This lures several new entrants, which is likely to render the market highly competitive in the near future.
FMI profiles some of the leading players in the poultry feed market across the world. These are:
Alltech Inc.
The Archer Daniels Midland Company
Cargill, Incorporated
Novus International, Inc.
Associated British Foods plc
BASF SE
Chr Hansen Holding A/S
Nutreco N.V.
Koninklijke DSM N.V.
Charoen Pokphand Foods PCL
Weston Animal Nutrition
East Hope Group Company Limited
Japfa Comfeed India Private Limited
Henraajh Feeds India Pvt. Ltd.
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Table Of Content
1. Executive Summary
2. Market Introduction
3. Market Background
4. Value Chain Analysis
5. Market Dynamics
6. Global Poultry Feed Market Analysis and Forecast 2015-2030
7. Global Poultry Feed Market – Pricing Analysis
8. Global Poultry Feed Market Demand (Size in US$ Mn) Analysis 2015-2019 and Forecast, 2020-2030
Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.
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