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The Global Poultry Feed Market Is Forecast To Surpass USD 225.2 Billion By 2032, Growing At A CAGR Of 6.2% From 2022 To 2032

11-02-2022 11:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

The Global Poultry Feed Market Is Forecast To Surpass USD 225.2

Poultry feed is nutritional food for various poultry including chicken, domestic fowls, ducks and geese. Poultry feed comes in various forms such as powder, granules, briquettes and pellets. Either conventional or organic, poultry feed is produced using corn, wheat, blended grains or soybean to provide a high level of proteins facilitating poultry health.
Regulatory authorities have been stressing upon ingredient definition for insect feed protein used in poultry feed. The United States Food and Drug Administration (FDA), on September 11, 2018, proposed that AFFCO (Association of American Feed Control Officials) has allowed the use of protein meal produced from insect larvae and whole dried insects in poultry feed.
AFFCO and the FDA have been working in the poultry feed regulation space, especially in setting definitions that describe new ingredients in poultry feed. FDA stresses the fact that the production of insect feed can provide a sustainable source of proteins. It has recommended an amendment of the ingredient definition for BSFL (Black Soldier Fly Larvae) in a bid to include it in the poultry feed.

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Conditioning to Gain High Significance in Pelleting of Poultry Feed

Conditioning of poultry feed is gaining traction on the back of increasing demand for high pellet quality and bird performance. High-pressure steam during the conditioning process provides moisture and heat essential for gelatinization of starch, pathogen removal, and particle adhesion in the poultry feed.
Conditioning steam temperature and retention time are defined by PDI (Pellet Durability Index), effective control over which results in enhanced nutrient digestibility. Conditioning of poultry feed before pelleting, particularly for young birds, has gained high significance as young poultry has an underdeveloped enzymatic system that requires highly digestible nutrients.

Global Poultry Feed Market by Category

By Product Type, Global Poultry Feed Market is segmented as:
• Broiler
• Layer
• Others

By Source, Global Poultry Feed Market is segmented as:
• Corn
• Wheat
• Soybean
• Blend Grains
• Other

By Form, Global Poultry Feed Market is segmented as:
• Powder
• Granules/Particles
• Pellets
• Briquettes

By Nature, Global Poultry Feed Market is segmented as:
• Organic
• Conventional

By Sales Channel, Global Poultry Feed Market is segmented as:
• Direct Sourcing
• Indirect Sourcing

By Region, Global Poultry Feed Market is segmented as:
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

Dynamic Predictive Software Tools to Gain Significant Traction in Poultry Feed Management

The use of dynamic predictive software tools in the poultry feed management space has brought remarkable transformation and led to lessening the pressure faced by producers of poultry feed. Stakeholders in the poultry feed market have been focusing on enhancing profitability by gaining knowledge associated with interactions between farm conditions and nutrient levels.
Based on the analysis provided by software tools regarding poultry feed data and nutrient levels, it has been possible to alter key production factors that can result in profitability improvement. The tool can be used to develop feed programs and plan effective management strategies based on analysis of current feed data, production data, and poultry feed form. The predictive tool technology has been gaining ground owing to its suitability across the entire poultry feed spectrum and is being adopted by small, medium, and large-scale industries.

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Competitive Landscape: Top Companies in Poultry Feed Market

The global poultry feed market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the growth of poultry feed.
Fact.MR has provided detailed information about price points of key manufacturers in poultry feed market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
Growing Importance of Clean Labels Impacting Poultry Feed Market Growth
Food safety concerns and clean labeling are closely associated topics that are gaining importance worldwide. Rising demand for clean labeling in a bid to mitigate consumer mistrust owing to the increasing scandals related to poultry production, which has been observed since the past few years.
In addition, the ban on antibiotics in poultry feed has made it imperative for producers to use clean labels. Increasing consumer inclination towards clean labeling on the back of growing demand for GMO-free and organic poultry products is likely to impact the poultry feed space.

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Poultry Feed Market Scope Of The Report

"Poultry Feed Market Forecast, Trend Analysis, and Competition Tracking - Global Market Insights 2018-2027" is an extensive analysis providing vital acumen on poultry feed sales and demand worldwide. The poultry feed market offers forecast highlights for a period of nine years, from 2018 till 2027.
The report also covers several dynamics impacting the use of poultry feed along with a detailed opportunity analysis. The poultry feed market report is a compilation of several key aspects and is systematically structured with a chapter-wise presentation.

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