The “Compound Feed Market by Ingredient (Cereals, Cakes & Meals, By-products, and Supplements), Form (Mash, Pellets, and Crumbles), Livestock (Ruminants, Swine, Poultry, and Aquaculture), Source, and Region – Global Forecast to 2022” report has been added to Research and Markets’ offering.
The compound feed market is estimated at USD 428.09 billion in 2017 and is projected to reach USD 530.92 billion by 2022, at a CAGR of 4.4% from 2017, in terms of value. The market is driven by growth in the consumption of animal-based products and growth of the organized livestock sector in developing countries. Impediments to product penetration in developing countries are one of the significant restraining factors for the compound feed market.
In 2016, the cereals segment accounted for the largest share of the compound feed market, in terms of value. Cereals are the major source of energy and are used in a higher quantity to fulfill the energy requirements of the livestock. High energy diets majorly consist of cereals. The increasing demand for high-energy diets to increase the performance of the livestock has resulted in an increase in the demand for this segment.
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 segment. Also, the low cost and high awareness are the driving factors for this segment. Most players in the market provide plant-based products considering the demand from the end users.
Europe accounted for the second-largest share in 2016, in terms of value. The demand for compound feed is expected to increase in the future with the increased feed production. Increased focus on quality and safe products has driven the use of compound feed in this region.
– Charoen Pokphand Food
– Feed One Co.
– Guangdong Haid Group
– J.D. Heiskell & Co.
– Kent Nutrition Group
– Land O’lakes
– New Hope Group
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Compound Feed Market, By Ingredient
7 Compound Feed Market, By Source
8 Compound Feed Market, By Form
9 Compound Feed Market, By Livestock
10 Compound Feed Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/f9wr3s/compound_feed?w=3