DUBLIN, Oct. 14, 2024 (Globe Newswire) — The “Compound Feed and Additives: Global Market” report has been added to ResearchAndMarkets.com’s offering.
The global formulated feed and additives market has consolidated its position as a vital component within the agricultural sector, reaching a staggering value of $508.1 billion. The market is expected to continue its positive trajectory, achieving a compound annual growth rate (CAGR) of 3.8% from 2024 to 2029, ultimately reaching an estimated market size of $636 billion.
The Asia-Pacific region is currently at the forefront, characterized by accelerating demand for poultry and meat products. The regional market is expected to reach a market value of $232.3 billion by 2029, registering a CAGR of 4.4% during the forecast period.
Consumer preferences have significantly shifted towards protein-rich diets, which has influenced a significant increase in livestock production. This dynamic is further strengthened by the growing demand for dairy and processed meat products. As a direct consequence, manufacturers are poised to increase their livestock production capacity and this move will invariably support and strengthen the compound feed market within the stipulated period.
The analytical perspective of the compound feed and additives market includes various types of livestock including poultry, swine, ruminants, aquaculture, etc. Segmentation by shape shows classification into mash, pellets, crumbles, and other shapes, and raw material types are categorized into cereal ingredients, cakes, meals, milling by-products, supplements, etc. Each of these segments contributes to the comprehensive nature of the market trajectory.
This report provides keen insights into market dynamics that are likely to influence the future status of the Compound Feed and Additives industry. The report provides an in-depth study of market drivers, challenges, technological innovations, and regulatory impact through in-depth analysis. Additionally, Porter’s Five Forces, Supply Chain, and PESTLE analysis further deepens the strategic understanding of the market.
The Global Formulated Feed and Additives Market report also delves into sustainability trends and ESG (Environmental, Social, and Governance) trends that are becoming increasingly important to consumers and businesses alike. The analysis consists of a discussion on consumer attitudes towards ESG practices and reflects the ESG scores of major companies within the market. conclusion
The continued expansion of the global formulated feed and additives market demonstrates its undeniable importance to the agricultural industry. With comprehensive market analysis and insights on future growth potential, industry players can continue to navigate this dynamic market environment, facilitate strategic alliances, mergers and acquisitions, and stay at the forefront of market developments. We are looking for innovative feed solutions.
Key attributes:
Report attribute details No. Number of pages 104 Forecast period 2024 – 2029 Estimated market value in 2024 (USD) $526.6 billion Estimated market value by 2029 (USD) $636 billion Average annual growth rate 3.8% Target region Worldwide
Main topics covered:
Chapter 1: Summary
Market Outlook Report Scope Market Overview
Chapter 2: Market Overview
Overview PESTEL Analysis Porter’s Five Forces Analysis Buyer Bargaining Power: Moderate to High Supplier Bargaining Power: Moderate Potential for New Entrants: High Threat of Substitutes: Moderate Industry Competitiveness: High Supply Chain Analysis Raw Materials Sourcing Processing and distribution
Chapter 3: Market Dynamics
market drivers
Increased consumption of animal protein Increased demand for nutritious feed
market constraints
Fluctuations in raw material prices Availability of substitutes
market opportunity
Growing awareness of animal nutrition in developing countries
market challenges
strict regulatory framework
Chapter 4: New Technologies and Developments
Patent Analysis Patent Grants, Patent Grants by Assignee Country/Region, By Applicant
Chapter 5: Market Segmentation Analysis
Market analysis by livestock type
Poultry Pig Ruminant Aquaculture Others
Market analysis by form
Mash pellet crumble and other forms
Market analysis by ingredient type
Cereal raw materials Cake and meal milling by-products Supplements Other raw materials
Market analysis by region
Chapter 6: Competitive Intelligence
Leading Company Corporate Product Portfolio
Chapter 7: Sustainability of the Compound Feed and Additives Market: ESG Perspective
ESG Industry Introduction ESG Performance Analysis Conclusion
Chapter 8: Appendix
Company Profile
AB Agri Ltd.ADISSEOADMALLTECHCargill Inc.CHS Inc.Charoen Pokphand Foods PCLForfarmersKalambach FeedsLouis Dreyfus Co.Roquette Freres
For more information on this report, please visit https://www.researchandmarkets.com/r/8z98ya.
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Compound feed and additives market