Global Compound Feed market report, size, share, trends and forecast to 2028

According to Stratistics MRC, the Global Compound Feed Market is accounted for $522 billion in 2022 and is expected to reach $748.88 billion by 2028 growing at a CAGR of 6.2% during the forecast period.

Compound feed is a mixture of fodder, additives, and other ingredients that gives the target animal the nutrition it requires. Pellets are provided by feed ingredients, which can be broken down for simple animal digestion. Due to the development in precision nutrition, organised livestock production, and increased demand for seafood, poultry, and meat, the compound feed market is expected to expand globally.

Since healthy farm animals contribute to the eradication of hunger, sustainable food production, and healthy people, livestock farmers in both developed and developing countries place a high priority on enhancing the health of their livestock. Animal products are not only a source of food but also a source of money for many small farmers and animal owners in developing nations. The safety and quality of animal feed are also important considerations in order to satisfy domestic demand for high-grade, safe animal-derived commodities. The development of nutrient-efficient animals is greatly influenced by animal nutrition, which is important to the livestock business. By improving the health and welfare of farm animals, it also promotes the safety and nutritional value of animal products for human use.

By geography, Asia Pacific is projected to hold the largest market share during the forecast period owing to high wages; the region produces a lot of animals and has a high meat consumption rate. The demand for meat, fish, and dairy products is high due to the economy's rapid growth, and this has caused these goods' consumption to increase quickly. The local meat and dairy industries are expanding to keep up with the high growth rate in consumption, which causes feed consumption to rise very quickly.

Some of the key players profiled in the Compound Feed Market include Alltech, Inc, Charoen Pokphand Foods PCL, New Hope Group, Cargill, Inc., Land O' Lakes, Guangdong HAID Group Co., Ltd., BRF, Tyson Foods, Inc, Nutreco, De Heus Animal Nutrition, ForFarmers, ADM, Godrej Agrovet, Ltd, Hueber Feeds, LLC, Nutreco N.V, Weston Milling Animal Group, Feed One Co., Muyuan Foodstuff Co., Ltd

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By Ingredients:
• By-Products
• Cereals
• Supplements
• Cakes & Meals

By Source:
• Animal-Based
• Plant-Based

By Form:
• Crumble
• Pellet
• Mash
• Other Forms

By Livestock:
• Building Aquaculture
• Ruminants
• Poultry
• Swine
• Cattle
• Other Livestock's

By Supplement:
• Enzymes
• Antioxidants
• Vitamins
• Acidifiers
• Vitamins
• Amino Acids
• Probiotics
• Other Supplements

By Distribution Channel:
• Business to business
• Business to consumers

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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