Industry Background:
Compound Feed Ingredient is the ingredients or supplements which are fed to the livestock, sourced from either animal, plant, substances which are organic or inorganic, or industrial processing, whether or not containing the additives. While soybean, corn, wheat, barley, and sorghum are the most commonly used raw materials, minerals, vitamins, and amino acids are the most common additives which are blended to form compound feed. Compound feed ingredients also called as feed ingredients present in the compound animal feed help to improve the nutritional value of animal feed. The compound animal feed is basically palatable and is considered a good source of the nutrients.This growth is primarily driven by Increase in Demand for Meat and Dairy Products
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K tons |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Agricultural Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Cargill (United States), ADM (United States), New Hope Group (China), Charoen Pokphand Food (Thailand), Land O Lakes (United States), Nutreco (Netherlands), Guangdong Haid Group (China), ForFarmers (Netherlands), Alltech (United States) and Feed One Co. (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
Legally, under the Federal Food, Drug, and Cosmetic Act (FD&C Act) any substance added to or expected to become a component of animal food, either directly or indirectly, must be used in accordance with a food additive regulation unless it is Generally Recognized as Safe for that use (GRAS)
Influencing Trend:
Growing Domestic and International Fast Food and Restaurant Chains and Growing Organized Livestock Sector in Developing Countries
Market Growth Drivers:
Increase in Demand for Meat and Dairy Products, Innovations in Animal Husbandry Practices and Increasing Awareness About Precision Nutrition Techniques
Challenges:
Quality Control of Genetic Feed Products Manufactured By Asian Companies
Restraints:
Impediments to Product Penetration in Developing Countries
Opportunities:
Growth in Demand From Developing Economies and Decrease in Raw Material Prices
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Compound Feed Ingredient Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Compound Feed Ingredient Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Compound Feed Ingredient players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Compound Feed Ingredient Study Sheds Light on
The Compound Feed Ingredient Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Compound Feed Ingredient industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Compound Feed Ingredient industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.