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Compound Feed Market by Ingredient, Form, Livestock, Source And Region - Global Forecast to 2022

Compound Feed Market: Global Forecast until 2022

  • November 2017
  • 202 pages
  • ID: 5233131
In this report:
According to the USDA, the total production of wheat was over ##.## KT in 2006, out of which around ##% was used in feed.
According to the USDA, the total production of sorghum was over ##.## KT in 2006, out of which around ##% was used in feed.
According to the USDA, the total production of corn was over ##.## KT in 2006, out of which around ##% was used in feed.

Summary

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Compound feed market is estimated to rise at a compound annual growth rate of 4.40 percent.

The compound feed market is projected at ~$428.1B in 2017 and is projected to extend ~$530.9B by 2022, at a compound annual growth rate of 4.40 percent from 2017, in terms of value concern. The sector is influenced by increase in the consumption of animal-based products and rise of the organized livestock industry in developing countries. Impediments to product penetration in developing countries are one of the significant restraining factors for the compound feed market.

Cereals segment to lead the compound feed market through 2022.

In 2016, the cereals segment recorded for the biggest share of the compound feed market, in terms of value significance. Cereals are the main source of energy and are used in a higher quantity to fulfill the energy requirements of the livestock. High energy diets mainly consist of cereals. The growing demand for high-energy diets to rise the performance of the livestock has resulted in a rise in the sector demand for this industry segment.

The plant-based segment is projected to dominate, by source, the compound feed market in 2017.

Amino acids are considered as ideal chelators due to their ability to get easily absorbed in the body. The easy availability of plant-based ingredients is the driving factor for this industry segment. Also, the low cost and high awareness are the driving factors for this industry segment. Most actors in the industry offer plant-based products considering the market demand from the end users.

Europe (EU) is forecasted to be the second-largest area in the compound feed market in 2017.

EU recorded for the second-largest share in 2016, in terms of value importance. The industry demand for compound feed is anticipated to growth in the outlook with the increased feed production. Increased focus on quality and safe products has driven the use of compound feed in this zone.

Meat and dairy products are important constituents of the food culture in the european area. Pork and poultry are widely reared and consumed in this area. Together with the growing demand for animal products, some of the driving factors of the compound feed market in Europe (EU) contain increase in the regional population, easy availability of the raw material, presence of main feed producers, and stringent regulations for high-quality products.

Break-up of Primaries:

• By Company category: Tier 1 - 45.0 percent, Tier 2 - 33.0 percent, and Tier 3 - 22.0 percent

• By Description: C - level - 45.0 percent, D - Level -33.0 percent, and Others* - 22.0 percent

• By Area: North America continent - 11.0 percent, EU - 11.0 percent, Asia-Pac - 45.0 percent, and

RoW** - 33.0 percent

*Others contain sales managers, marketing managers, and product managers.

**RoW includes the Middle East (ME) and African continent.

The key players in the compound feed market are Cargill, ADM, New Hope Group, Charoen Pokphand Food, Land O'Lakes, Nutreco, Guangdong Haid Group, ForFarmers, Alltech, Feed One Co., J.D. Heiskell & Co., and Kent Nutrition Group.

Segment Research

The compound feed market is broken down on the basis of ingredient, livestock, source, form, and top area. The ingredient market is split into cereals, cakes & meals, by-products, and supplements. The livestock segment is detached into ruminants, swine, poultry, aquaculture, and others (equine and pets). On the basis of form, the sector is divided into mash, pellets, crumbles, and others (cakes and cubes). The source segment is divided into plant-based and animal-based. On the basis of area, the sector is divided into North America, Europe (EU), Asia Pacific (APAC), South America region, and the Rest of the globe. The market research also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, competitive leadership mapping, recent evolutions, and key industries strategies.

Main highlights

• To get a comprehensive overview of the compound feed market with specific reference to agricultural sectors

• To benefit a wide range of information about the top actors in this market, their products portfolios, and top strategies approved by them

• To benefit insights of the main regions/territories in which the compound feed sector is prospering

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