Compound Feed Market (Reaching $596 Billion by 2030) Nourishing the Future: Expanding

Compound Feed Market Assessment worth $ 596 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Compound Feed Market- by Ingredients (Cereals, Cereal's by-product, Oil, Oilseed meal, Supplements, Molasses, and Others), Nutrients (Antioxidants, Antibiotics, Feed Enzymes, Vitamins, Feed Acidifiers, Amino Acids, and Others), Animal Type (Swine, Poultry, Ruminants, and Others), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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The Global Compound Feed Market: Fueling Animal Production
InsightAce Analytic's latest research forecasts a steady rise in the global compound feed market. Valued at US$426 billion in 2021, the market is expected to reach US$596 billion by 2030, reflecting a compound annual growth rate (CAGR) of 3.85% from 2024 to 2031.

Understanding Compound Feed
Compound feed refers to animal feed containing a precisely formulated blend of ingredients. By providing a balanced and complete nutritional profile, compound feed helps optimize livestock and aquaculture production in terms of both food quality and quantity. Put simply, it ensures proper nutrition for both household pets and farm animals.

The Importance of Animal Feed
Livestock are raised worldwide for a variety of products, including meat, milk, and eggs. Feed plays a critical role in animal husbandry, providing farm animals with the essential nutrients they need to thrive. Typically, animal feed is a combination of plant and animal-derived ingredients.

Focus on Balanced Nutrition and Performance
To meet the specific physiological needs of different farm animals and enhance their overall performance, feed producers strive to develop balanced diets. These balanced diets are essential for safe and successful livestock production.

Global population development, an increase in the prevalence of animal diseases, and increased livestock numbers, particularly in developing nations, will be the main drivers of compound feed industry expansion. Other significant drivers of the compound feed market growth include the increasing demand for high-quality meat and dairy products around the world, the rate of industrialization, and the increased focus on improvements in production methods.

The government's growing efforts to support the agricultural sector, the emphasis on adopting high-quality animal feed, and the exploding trend of organized livestock farming in developing nations will further open up lucrative and rewarding growth opportunities for the compound feed market. The growth of the compound feed business will be significantly hampered by the small-scale farmers' lack of expertise and awareness in developing nations.

Additionally, the absence of necessary infrastructure and technical capabilities, particularly in less developed areas, may impede the compound feed market's expansion rate. The government's strict rules on the production of compound feed and fluctuations in the price of raw materials would slow the market's expansion.

The Asia Pacific is anticipated to be the major contributor to the Compound Feed market over the forecast years because of improved research and development skills, increased awareness and preference among livestock owners, and increased consumer demand for meat, particularly pig, chicken, beef, and mutton. The top three feed users in the area are China, India, and Indonesia.

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. In addition, the North America Compound Feed market is expected to grow significantly during the forecast period. The largest feed market, including significant demand from cattle and poultry, is the United States. The country's feed market is driven by high meat production, high demand, and high livestock production.

Major market players operating in the Compound Feed market include Nutreco N.V., Archer Daniels Midland Company, Cargill, Incorporated, Alltech, Kent Nutrition Group, Inc, DE HEUS, Charoen Pokphand Foods PCL., Ballance Agri-Nutrients Ltd., ForFarmers, Purina Mills, LLC, and List of Other Prominent Players.
Recent collaborations and agreements in the market:
• In July 2020, Famous Dutch feed business De Heus Animal Nutrition and Polish feed producer Golpasz agreed to buy each other's production facilities in Poland.

• In December 2019, The establishment of a new animal feed manufacturing facility in Nakuru, Kenya, was announced by Bidco Land O' Lakes, a joint venture between American cooperative Land O' Lakes and the East African enterprise Bidco Africa.

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Market Segments
Global Compound Feed Market, by Ingredients, 2022-2030 (Value US$ Mn)
• Cereals
• Cereal's by-product
• Oil
• Oilseed meal
• Supplements
• Molasses
• Others

Global Compound Feed Market, by Nutrients, 2022-2030 (Value US$ Mn)
• Antioxidants
• Antibiotics
• Feed Enzymes
• Vitamins
• Feed Acidifiers
• Amino Acids
• Others

Global Compound Feed Market, by Animal Type, 2022-2030 (Value US$ Mn)
• Swine
• Poultry
• Ruminants
• Others

Global Compound Feed Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Compound Feed Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe Compound Feed Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Compound Feed Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Compound Feed Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Compound Feed Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Compound Feed market
 To receive an industry overview and future trends of the Compound Feed market
 To analyze the Compound Feed market drivers and challenges
 To get information on the Compound Feed market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Compound Feed market industry

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