Poultry Feed Market, By Animal Type (Layer, Broiler, and Turkey), By Ingredient (Cereal, Oilseed Meal, Oil, Molasses, Fish Oil & Fish Meal, and Supplements), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Poultry feed market accounted for US$ 189.26 billion in 2020 and is estimated to be US$ 282.60 billion by 2030 and is anticipated to register a CAGR of 4.1%.

Poultry feed is a food for farm poultry, including chickens, ducks, geese and other domestic birds. As farming became more specialized, many farms kept flocks too large to be fed in this way, and nutritionally complete poultry feed was developed. Before 20^th century, poultry were mostly maintained in general farm, and feeding involved eating insects, grain spilled by cattle, and horses, and plants around them. Modern feed is mainly composed of grains, protein supplements such as soyabean oil meal, mineral supplements, and vitamin supplements. The quantity of feed, and the nutritional requirements of the feed, is depend on weight and age of the poultry, their rate of growth, their rate of egg production, the weather, and the amount of nutrition the poultry obtain from foraging.

Rising production of poultry

Increasing poultry farming worldwide is the major driving factor of the target market. Rising awareness of chicken diseases is generating potential demand of nutritional supplements, which in turn boost the growth of the market. Moreover, increasing consumption of poultry-based products and changes in lifestyle of customer is another driving factor of this particular market. Increasing meat consumption and adding meat in the daily diet is also fueling the growth of target market. To overcome the weakness of chickens, hens etc. farmers used best feed supplements which in turn increases the demand for the target market.

However, high costs of such additives and maintenance on the regular basis are restraining the growth of the global poultry feed market.

The global poultry feed market is segmented based on animal type, ingredient, and region.

On the basis of animal type, the global poultry feed market is segmented into Layer, Broiler, and Turkey. Based on ingredient, the target market is segmented into cereal, oilseed meal, oil, molasses, fish oil & fish meal, and supplements.

Regional Insights:

The global poultry feed market accounted for US$ 189.26 billion in 2020 and is estimated to be US$ 282.60 billion by 2030 and is anticipated to register a CAGR of 4.1%. On region the global poultry feed market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is currently dominating in the global poultry feed market due to rising meat consumption, increasing poultry production, involvement of advance technologies etc. is fueling the market in this region. Asia Pacific and Europe may witness significant rise in the forecast period due to increasing demand of meat and poultry-based products.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global poultry feed market report based on animal type, ingredient, and region

Global Poultry Feed Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating in the global poultry feed market includes Novus International, Inc., Royal DSM N.V., Alltech, Inc., Evonik Industries AG, BASF (Badishce Anilin Sodafabrik), Hansen Holdings A/S, Charoen Pokphand PLC, Associated British Foods plc., Cargill, Inc., Land O’ Lakes, Inc.

• Novus International, Inc.
• Royal DSM N.V.
• Alltech, Inc.
• Evonik Industries AG
• BASF (Badishce Anilin Sodafabrik)
• Hansen Holdings A/S
• Charoen Pokphand PLC
• Associated British Foods plc.
• Cargill, Inc.
• Land O’ Lakes, Inc.