About Poultry Feed
Poultry feed is the food or nutrition for poultry animals like broiler, layer, breeder, and others, the feed includes cereals such as maize, barley, oats, wheat, etc. It provides essential nutrition for normal growth and development especially enzyme activation, and bone formation. The poultry feed is available mainly in complete feed, concentrated, premix types. This feed range provides vitamins, minerals, and adequate nutrition, it is easily available in online and offline distribution channels. With the increasing demand for animal protein like eggs and meat, the market is expected to grow in the coming years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cargill (United States), New Hope Group (China), East Hope Group (China), Alltech (United States), BRF S.A. (Brazil), Tyson Foods, Inc. (United States), Nutreco N.V. (Netherlands), HAID Group Co., Ltd. (China), Purina Mills, LLC (United States), Kemin Industries (United States), ForFarmers B.V. (Netherlands), Tongwei Group Co., Ltd. (China), Evonik Industries AG (Germany), Guangdong Evergreen Feed Industry co,ltd (China), IB Group (India) and Olam Agri Holdings Pte Ltd (Singapoore) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Poultry Feed market by , Application (Broiler, Layer, Breeder and Others) and Region.
On the basis of geography, the market of Poultry Feed has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Poultry Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Feed Form, the sub-segment i.e. Mash will boost the Poultry Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Feed Type, the sub-segment i.e. Complete Feed will boost the Poultry Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Availability of Poultry Feed in Concentrated and Premix Types
Market Growth Drivers:
Need for the Essential Nutrition to Poultry Animals and Growing Demand for the Animal Protein Like Eggs and Meat
Challenges:
Presence of Numerous Players in the Poultry Feed Market
Restraints:
Allergy-Related Risk Associated with Poultry Feed to Some Poultry Animals
Opportunities:
Surging Number of Poultry Farms in Developing Nations Engaged in Poultry Activities will Boost the Poultry Feed Market
Market Leaders and their expansionary development strategies
In March 2024, Olam Agri, a leading agribusiness in food, feed, and fibre, has completed the acquisition of Avisen SARL. This acquisition aligns with Olam Agri’s strategy to strengthen and expand its animal feed and protein capabilities and to invest in proven businesses having strong market positions., and In February 2021, ForFarmers has completed acquisition of De Hoop Mengvoeders (De Hoop), The required permits have been granted by the Dutch and German competition authorities and other conditions precedent has also been met. The combination of ForFarmers and De Hoop creates a poultry feed organization with a leading position on the broiler market in the Netherlands, Belgium, and Germany.
In February 2021, Specialist ingredient manufacturer Kemin Industries has launched KemTRACE Chromium-OR – an organic-compliant chromium propionate feed ingredient for use in swine, cattle, and broiler diets. KemTRACE Chromium-OR is a highly bioavailable, organic-compliant source of chromium propionate that helps improve glucose utilization and reduce the negative impacts of stress for increased cellular energy and function. This results in improved maintenance, reproduction, growth, and immunity for swine, cattle, and broilers.
"According to Orissa Cattle and Poultry Feed (Regulation) Every licensee and every other person acting on behalf of the licensee, for the time being, shall, in regard to the packing, marking and labeling of the containers of pre-mixed cattle feed or pre-mixed poultry feed, comply with the following requirements, namely, Every container in which any such feed is packed shall bear the number of the license and such labels or marks as may, from time to time, be approved by the licensing authority for different categories of feed; each container in which such feed is packed shall specify a code number indicating the lot and the date of manufacture of the feed; enter upon and inspect any premises where any cattle feed or poultry feed is manufactured or processed or is stocked or exhibited for sale, at any time during business hours with a view to satisfying itself or himself that provisions of this Act are being complied with."
Key Target Audience
Poultry Feed Manufacturers, Poultry Feed International Traders, Poultry Feed Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.