About Chicken Feed
The chicken feed is a formulation of a range of potential protein-rich ingredients, they are mixed with proper nutrition format necessary for the chicken according to the growth stage. Their diets primarily consist of ingredients such as wheat, sorghum, barley, soya bean, etc. or any other animal byproduct meal. The grains used in chicken feed makeup between 60-70% of the diet and are the major source of energy for them. As the chicken is omnivorous, they have a higher need for protein which is completed by only eating cereal grains. The chickens are sensitive to balance nutrition of vitamins, amino acids, minerals so the micro-ingredients are added to the feed for balancing their diets.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Chicken Feed market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Chicken Feed Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. 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.
Alltech Inc. (United States), Cargill, Incorporated (United States), Kalmbach Feeds (United States), Scratch and Peck Feeds (United States), Happy Hen Treats (United States), Purina Mills, LLC (Land O' Lakes) (United States), Healthy Harvest (United States), Manna Pro Products LLC. (United States) and H and H Feed, LLC (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Chicken Feed market by Type (Starter Feed, Grower Pullet, Pullet Developer, Layer Feed, Chicken Scratch and Others), Application (Chick Farm, Wildlife Conservation Center, Households and Others) and Region.
On the basis of geography, the market of Chicken 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 Form, the sub-segment i.e. Crumbles will boost the Chicken Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredients, the sub-segment i.e. Wheat will boost the Chicken Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online Store will boost the Chicken Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Availability of Chicken Feed with Combination of Various Ingredients and Increasing Consumption of Chicken Feed in the Asian Region of the World
Market Growth Drivers:
The chicken feed market is driven by the increasing consumption of poultry animals. With the increasing demand for healthy poultry, the need for the amount of nutrition is also rising. The protein and carbohydrates along with some other essential vitamins, minerals, and water is required for chickens and other poultry animals.
Challenges:
The entry of Local Players in the Market will Hinder the Chicken Feed Market
Restraints:
Health Concern to the World Due to Growing Poultry Industry will Hamper the Chicken Feed Market and Price Fluctuations in Chicken Feed will Hamper the Market
Opportunities:
The Investment in Livestock Industry will Boost the Chicken Feed Market and Technological Advancements in Chicken Feed Production Machines
Market Leaders and their expansionary development strategies
In August 2023, Kalmbach Feed, has acquired Houston, Mississippi-based Ware Milling, The deal represents a strategic milestone in the growth of Kalmbach Feeds, fueled by its customers and growing demand for its top-quality nutrition products and services
In October 2019, Nutreco announced the acquisition of South African premix company Animal Nutrition and Health. According to the article company's spokesperson as South Africa is animal feed's largest producer this acquisition strategy will help expand its market base in Africa.
"Medicated feed is an animal feed that contains an FDA-approved animal drug. Medicated feed is fed to animals to treat, control, or prevent a disease, or to improve the animals' growth and productivity. This type of feed is especially useful in the farming industry because farmers can, when necessary, medicate an entire herd or flock of animals rather than medicate each animal individually. FDA is responsible for approving the animal drug that goes into the medicated feed. FDA makes sure that the drug is safe and effective for the animals that eat the medicated feed and that food products made from these treated animals, such as milk, meat, eggs, and honey, are safe for people to eat."
Key Target Audience
Chicken Feed Manufacturers, Chicken Feed International Traders, Chicken 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.