Poultry Feed Market to Witness Stunning Growth during the Forecast Period 2022-2026

In recent years, the global demand for poultry meat has surged substantially. Rising preference for high-protein diets and white meat have emerged as the foremost demand drivers for poultry-based products. Today, consumers are rapidly advancing towards protein-rich food products owing to their nutritional benefits. A significant share of city dwellers also exhibit strong commitment towards fitness, as indicated by the growing number of gym-goers. In the near future, the cumulative force of these factors is set to positively influence the global poultry feed market. Moreover, stringent government regulations against antibiotic-fed meat are anticipated to create favorable demand for natural poultry feed that offers a highly nutritious diet, while enhancing the quality of end-products. Considering this consistent increase in the demand for naturally-fed poultry meat and high-protein food items, the global market is expected to reach sound maturity by the end of forecast period.

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Farmers Develop High-Value Poultry Feed Range Amid Rising Poultry Meat Consumption

The hospitality industry has emerged as a key demand pool for high-quality poultry meat. As consumers continue to choose white meat over red meat, restaurants and hotels race to prepare meat dishes featuring poultry birds. Besides, the relatively lower cost of poultry meat adds as another incentive that prompts consumers to choose poultry-based products. These trends bode well for the poultry feed market. This steady increase in global per capita poultry meat consumption is set to garner immense growth across the global poultry feed market. As a result, farmers are committed to developing high-potency poultry feed ranges. During the study period, prominent players are expected to engage in intense R&D initiatives to launch nutritional poultry feeds that reduce mortality rates, improve meat quality, and enhance poultry birds' immune system.

Broiler Chicken, Corn Feed Set to Shape the Future of Poultry Feed Market

The poultry feed market is segmented based on feed type, format, poultry type, and region. In terms of poultry type, the primary segments include turkey, layers, duck, and broilers. Among these, the broiler segment is anticipated to witness the highest demand in the global poultry feed market due to the notably higher demand for fresh chicken and frozen chicken-based items. Moreover, based on feed type, the market is majorly divided into barley, wheat, soybean, and corn. Farmers and agricultural scientists tilt more in favor of corn-based poultry feed owing to its promising nutritional value, low-cost, wider availability. Consequently, the corn feed segment is predicted to grow significantly over the study period. Despite these favorable conditions, concerns around animal welfare and shift towards plant-based diets is projected to challenge market expansion.

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High Production of Poultry Feed Makes Asia Pacific the Most Promising Market

Asia Pacific has emerged as the most promising producer of poultry meat, and subsequently, poultry feed owing to increase in disposable incomes, growing population, and preference for protein-rich diets. Whereas, the global poultry feed market growth is predicted to slow down in Europe owing to concerns around animal welfare and robust adoption of vegan lifestyles.

Prominent market players in the market include Purina Animal Nutrition LLC, Cargill Incorporated, Godrej Agrovet, De Heus BV, Novus International, Inc., Associated British Foods plc, Charoen Pokphand Foods, Invivo, and ForFarmers.

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By Nature

• Conventional
• Organic

By Feed Type

• Complete Feed
• Concentrates
• Premix

By Distribution Channel

• Offline
• Online

By Region

• North America
• Europe
• Asia-Pacific
• LAMEA

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