Compound Feed market growth is driven by the expanding poultry industry and rising demand for milk and dairy products, expected to continue through the forecast period 2026-2030.
According to a TechSci Research report, the global Compound Feed market was valued at USD 498.23 billion in 2023 and is expected to grow at a CAGR of 6.35% from 2026 to 2030. The market’s growth is driven by several key factors. First, the rising demand for meat and dairy products, coupled with increasing awareness of the health benefits of quality animal feed, are major drivers. Additionally, advancements in animal feed technology and a growing focus on livestock disease prevention are propelling the market forward. The need for optimal growth, reproduction, and milk production in livestock further supports the adoption of compound feed.
The global Compound Feed market is positioned for robust growth in the coming years. This growth can be attributed to increasing demand for meat and dairy products, driven by factors like population growth, rising disposable income, and changing dietary preferences towards protein-rich diets. As consumers become more aware of the quality and efficiency of livestock production, there is an increased need for sustainable practices to meet these demands.
In addition to rising demand, technological advancements and research are enabling the development of innovative feed formulations. These new formulations not only enhance animal health, growth, and productivity but also contribute to sustainable farming practices. Nutritional additives, precise feed formulations, and optimized feeding techniques are key components in meeting the evolving needs of the livestock industry. These advancements help ensure the provision of high-quality and safe meat and dairy products to consumers.
The compound feed market is also expanding due to the growing global population, which is increasing the consumption of meat and dairy products. Alongside this, rising disposable income in emerging economies is fueling demand for high-quality animal protein. This presents a significant opportunity for stakeholders across the value chain, including producers, suppliers, and manufacturers. These stakeholders are focusing on strategic collaborations, product innovation, and geographical expansions to tap into the growing market and meet the evolving needs of consumers. The compound feed market is expected to experience remarkable growth in the near future.
The Global Compound Feed Market is segmented by ingredient, livestock, source, form, regional distribution, and company. One notable trend is the growing popularity of plant-based feed. Traditionally, animal-based feed dominated the market, but there has been a shift towards plant-based feed due to various factors, including environmental concerns, animal welfare, and the health benefits associated with plant-based diets. As environmental consciousness rises, plant-based feed is seen as a more sustainable alternative, reducing greenhouse gas emissions and land use associated with animal agriculture. Ethical considerations regarding animal welfare have also led to a preference for plant-based feed.
Additionally, scientific studies show that plant-based feed can contribute to improved cardiovascular health and reduce the risk of chronic diseases, making it an attractive option for consumers. This growing health awareness is driving the increased demand for plant-based feed. Despite this shift, animal-based feed continues to hold a substantial position in the market, highlighting the coexistence of both feed types to meet diverse consumer and industry needs.
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Regionally, the Asia Pacific region is currently leading the global compound feed market. Several factors contribute to this dominance, including substantial growth in the livestock population and increased demand for animal-derived products in countries like China and India. The rising population in these countries has led to a surge in demand for meat and dairy products, further boosting the compound feed market. Government initiatives focused on modernizing the animal husbandry sector have also played a significant role in the market’s expansion, improving feed quality and increasing production efficiencies.
The Asia Pacific region benefits from favorable climate and geographical conditions that support the growth of various feed ingredients. This availability of feed resources contributes to the region’s competitive position in the global market. The combination of a growing livestock population, rising demand for animal products, government support, and favorable conditions has solidified Asia Pacific’s dominant role in the global compound feed market.
Major companies operating in Global Compound Feed Market are:
Cargill, Inc.
Charoen Pokphand Foods Public Company Limited
Land O’ Lakes Inc.
New Hope Group Co. Ltd.
Guangdong HAID Group Co., Ltd
Tyson Foods, Inc.
Nutreco N.V.
Alltech, Inc.
De Heus Animal Nutrition
ForFarmers N.V.
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“The global compound feed market is expected to experience substantial growth in the upcoming years. This growth can be attributed to several factors, including the rising demand for meat and dairy products, which is driven by the growing population and changing dietary preferences. Additionally, advancements in farming practices, such as precision agriculture and sustainable farming methods, are contributing to the overall expansion of the market. Furthermore, there is an increasing awareness about animal health and the importance of providing nutritious and balanced feed to improve animal productivity and well-being. In line with this, technological innovations in the feed industry are playing a crucial role in driving market growth.
Companies are developing customized and specialized feed solutions, leveraging cutting-edge technologies to optimize animal productivity and achieve better outcomes. These advancements are not only benefiting the livestock industry but also aiding in addressing sustainability challenges and reducing environmental impact. With such promising developments, the compound feed market is poised for a bright future, catering to the evolving needs of the global agricultural sector.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Compound Feed Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030 Segmented By Ingredient (Cereals, Cakes & Meals, By-Products, Supplements, Others), By Livestock (Ruminants {Calf, Dairy Cattle, Beef Cattle, Others}, Swine {Broilers, Grower, Sow}, Poultry {Broilers, Layers, Breeders, Others}, Aquaculture {Mollusks, Fishes, Crustaceans, Others}, Others), By Source (Plant-Based and Animal-Based), By Form (Mash, Pellets, Crumbles, Others), By Region and Competition”, has evaluated the future growth potential of Global Compound Feed Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Compound Feed Market.
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