Poultry Feed Market to Reach USD 308.72 Bn by 2030, Growing at a 4.8% CAGR: Comprehensive Analysis of Growth and Company Profiles

►Global Poultry Feed Market Insights, Growth, and Regional Opportunities

Global Poultry Feed Market poised for robust growth at a CAGR of 4.1%, driven by expanding poultry farming and increasing demand for animal protein worldwide.

The global poultry feed market, valued at approximately USD 299.5 billion in 2023, is anticipated to witness significant growth, reaching USD 397.2 billion by 2030. This expansion is fueled by rising demand for high-quality protein, technological advancements in feed formulation, and the rapid expansion of poultry farming across emerging economies.

Curious to peek inside? Grab your sample copy of this report now:https://www.maximizemarketresearch.com/request-sample/33537/

►Competitive Landscape

The competitive landscape is marked by key industry players such as Cargill Incorporated, Archer Daniels Midland Company (ADM), Nutreco N.V., and Alltech Inc., who are investing heavily in innovation and strategic mergers to strengthen their market positions. Higher demand for poultry feed is particularly prominent in the Asia Pacific region, driven by the growing population and increasing meat consumption.

►Regional Insights

♦ United States: Poultry Feed Market Growth and Consolidation

The United States stands as one of the largest markets for poultry feed, with steady growth supported by advanced farming practices and strong consumer demand for poultry products. The market here is expected to grow steadily with innovations focusing on sustainable and nutrient-rich feed solutions.

Consolidation and Mergers: In recent years, notable mergers such as the acquisition of Cargill's animal nutrition business by Archer Daniels Midland Company (ADM) have reshaped the competitive dynamics, allowing companies to leverage combined technological capabilities and expand product portfolios.

♦ Asia Pacific: Poultry Feed Market Opportunities and Trends

The Asia Pacific region exhibits the fastest growth trajectory due to rising disposable incomes, urbanization, and a growing population demanding more animal protein. Countries like China, India, and Indonesia are pivotal to this growth.

Opportunities: The market benefits from increased investments in poultry farming infrastructure and government support for agricultural modernization. The region also witnesses growing adoption of innovative feed additives and alternative protein sources to improve feed efficiency.

Mergers and Acquisitions: Nutreco N.V. has expanded its footprint in the Asia Pacific through partnerships and acquisitions, enhancing its supply chain and technological base.

Eager to discover what's within? Secure your sample copy of the report today:https://www.maximizemarketresearch.com/request-sample/33537/

♦ Middle East & Africa: Poultry Feed Market Trends and Updation

The Middle East and Africa region is experiencing increased demand for poultry feed, driven by rising poultry consumption and the need for food security in arid regions.

Trends: There is a strong focus on developing climate-resilient feed products and improving feed conversion ratios to sustain poultry production under harsh environmental conditions.

Recent Developments: Investments in local feed production facilities by companies like Alltech Inc. aim to reduce import dependency and improve supply stability.

♦ Europe: Poultry Feed Market Growth and Competitive Landscape

Europe's poultry feed market growth is influenced by stringent regulatory frameworks and increasing demand for organic and non-GMO feed products.

Growth: Sustainability and animal welfare considerations are reshaping the market with feed formulations focusing on reduced environmental footprints.

Consolidation and Mergers: Cargill Incorporated has enhanced its position through strategic acquisitions in the European feed sector, focusing on specialized and customized feed solutions.

Intrigued to explore the contents? Secure your hands-on sample copy of the report:https://www.maximizemarketresearch.com/request-sample/33537/

► Market Segmentation: In-Depth Analysis:

by Poultry Type

Layer
Broiler
Turkey
Others

Layer, Broiler, Turkey, and Others are the market segments. At 38.60%, the Broilers segment held the largest market share for poultry feed in 2023. The growing demand for chicken meat, mostly because of its high nutritional content, is responsible for the significant market share. Because they are reared especially to produce meat, broilers play a big role in the poultry meat industry. The rise in demand for chicken meat, which is prized for its high protein content and affordability, has propelled the expansion of broiler farming. Successful broiler production depends on ensuring the correct food intake, highlighting the significance of adequate nutrition.

by Feed Type

Complete Feed
Concentrates
Premix
Others

The market is divided into four segments: Premix, Concentrates, Complete Feed, and Others. Throughout the forecast period, the poultry feed market share is anticipated to be the greatest, with the entire feed category dominating the market in 2023. The entire industry that produces and distributes feed for different poultry species, including chickens, is referred to as the poultry feed market. It comprises a range of feed items designed to meet the dietary requirements of chickens. The science and art of developing balanced diets for poultry through the selection and blending of various feed ingredients is known as poultry feed formulation. To suit the unique nutritional needs of chickens, formulation entails figuring out the proper ratios of grains, protein sources, lipids, minerals, and vitamins.

by Ingredient

Cereal
Oilseed Meal
Oil
Molasses
Fish Oil and Fish Meal
Supplements
Other

For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-poultry-feed-market/33537/

► Learn about the top players driving innovation in the Market :

1. Cargill Inc.
2. Land O'Lakes, Inc.
3. Tyson Foods, Inc.
4. Kent Nutrition Group, Inc.
5. Hi-Pro Feeds, Inc.
6. Southern States Cooperative
7. Westeon Milling Animal Nutrition
8. Alltech Inc.
9. Evonik Industries AG.
10. Wen's Food Group
11. Balance Agri-Nutrients Ltd.
12. DeKalbs Feeds, Inc.
13. Royal DSM N.V.
14. New Hope Group
15. Forfarmers B.V.
16. Charoen Pokphand PLC
17. EWOS Group
18. Associated British Foods plc.
19. De Heus Voeders B.V.

► Get Market Research Latest Trends :

♦ Global Aluminium Caps and Closures Market https://www.maximizemarketresearch.com/market-report/global-aluminium-caps-and-closures-market/17313/

♦ Global Thionyl Chloride Market https://www.maximizemarketresearch.com/market-report/global-thionyl-chloride-market/119290/

♦ Cosmetic Chemicals Market https://www.maximizemarketresearch.com/market-report/cosmetic-chemicals-market/126803/

♦ Refractories Market https://www.maximizemarketresearch.com/market-report/global-refractories-market/26727/

♦ Global Super Absorbent Polymer Market https://www.maximizemarketresearch.com/market-report/global-super-absorbent-polymer-market/31887/

♦ Flame Retardants Market https://www.maximizemarketresearch.com/market-report/global-flame-retardants-market/46659/

♦ Global Cosmetic Dyes Market https://www.maximizemarketresearch.com/market-report/global-cosmetic-dyes-market/33130/

♦ Global Azadirachtin Market https://www.maximizemarketresearch.com/market-report/global-azadirachtin-market/109615/

♦ Global Gas Mixtures Market https://www.maximizemarketresearch.com/market-report/global-gas-mixtures-market/26284/

♦ Global Film Adhesives Market https://www.maximizemarketresearch.com/market-report/global-film-adhesives-market/32447/

♦ Global Liquid Crystal Polymer Market https://www.maximizemarketresearch.com/market-report/global-liquid-crystal-polymer-market/23352/

♦ Metal Fencing Market https://www.maximizemarketresearch.com/market-report/metal-fencing-market/188847/

♦ Global Aromatic Solvent Market https://www.maximizemarketresearch.com/market-report/global-aromatic-solvent-market/16722/

♦ Global Eco-friendly Refrigerants Market https://www.maximizemarketresearch.com/market-report/global-eco-friendly-refrigerants-market/111467/

♦ Global Heavy Alkyl Benzenes Market https://www.maximizemarketresearch.com/market-report/global-heavy-alkyl-benzenes-market/92548/

► Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

► About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.