Compound Feed Market (Ingredients - Cereals, Cakes & Meals, By-products, Supplements, and Others; Source - Animal-based, and Plant-based; Livestock - Ruminants, Swine, Poultry, Aquaculture, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

A recent report published by Infinium Global Research on the compound feed market provides an in-depth analysis of segments and sub-segments in the global as well as regional compound feed market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional compound feed market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global compound feed market. According to the report, the global compound feed market is projected to reach USD 666 billion by 2027 from USD 515 billion in 2021, growing with a CAGR of 4% over the forecast period of 2021-2027.

Market Insight

Compound feed refers to the feed that is rich in compound ingredients that helps to improve the nutritional value of animal feed. Compound feed is effective in safeguarding livestock and aquaculture production on the basis of quality and food supply. In other words, compound feed provides a sufficient amount of nutrients to livestock and domestic animals. Rising demand for animal and plant-based products particularly in the developing economies, rising focus on the new trends in the market, growing application of advanced and urban agricultural practices to improve productivity, high growth in developing economies coupled with high use of innovative technologies, and rising industry competitiveness are the major factors attributable to the growth of compound feed market.

The major drive for the compound feed market is the rise in demand for meat products. The Compound Feed market is poised to grow because of the increasing demand for meat products. The rising use of animal-based food worldwide is anticipated to fuel demand over the forecast period. With the increase in meat consumption worldwide, the industry is about to fulfill a large demand for permanently quality meat. Demand for dairy products is another factor that's projected to contribute to the expansion of the industry. Stringent government rules and regulations will restrain the expansion of the market. Strict government rules and regulations on animal husbandry are projected to possess a negative impact on industry worldwide within the near future. Regulatory regulations limit industry vendors and thereby hamper feed production. Additionally, quality control, particularly in Asian countries, concerns and price fluctuations that impede the worldwide market growth.

Europe's compound feed market is expected to have significant growth over the forecast period. Increased research and development activities to boost feedstock and compound feed production are often attributed to the current increase. Asia Pacific Compound Feed Market is projected to grow at a high rate during the forecast. The Asia Pacific market encompasses a significant market share within the Global Compound Feed market in terms of revenue and is ready to dominate the worldwide market. the event of advanced feed industry systems and equipment together with increasing livestock production may be a major factor helping the growth of the compound feed market in the region. New product launches within the developed markets will have positive growth. However, the Asia Pacific region is anticipated to grow at a higher rate within the worldwide Compound Feed Market over the forecast period. the event in the number of Ingredients and rising demand for healthy products are anticipated to drive the market in this region.

Segment Covered

The report on the global compound feed market covers segments such as ingredients, source, and livestock. On the basis of ingredients, the sub-markets include cereals, cakes & meals, by-products, supplements, and others. On the basis of source, the sub-markets include animal-based, and plant-based. On the basis of livestock, the sub-markets include ruminants, swine, poultry, aquaculture, and others.

Companies Profiled:

The report provides profiles of the companies in the market such as Cargill, Inc., Charoen Pokphand Foods PCL, Archer Daniels Midland (ADM) Company, land 'o lakes inc., ForFarmers NV, Feed One Co., Nutreco N.V, BIOMIN Holding GmbH, Wen's Food Group., and Tyson Foods Inc.

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the compound feed market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players.