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Apr 10, 2019 11:13 AM ET

Poultry Feed Market Expected to Expand at a Steady CAGR by 2024


Poultry Feed Market Expected to Expand at a Steady CAGR by 2024

iCrowd Newswire - Apr 10, 2019

Global Poultry Feed Market: By type Broilers, Turkeys, Layers, and Others, By additives Antibiotics, Antioxidants, Feed Enzymes, Vitamins, Amino Acids, Feed Acidifiers, and Others and By Region North America, Latin America, Asia Pacific, Europe, Middle East and Africa MEA: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024

Market Dynamics: Global Poultry Feed Market

Poultry feed refers to the food for poultry farm, that includes ducks, chickens geese, and other domestic birds. Healthy growth of the poultry requires the sufficient essential nutrients in the right amount and proportion required. Global feed market is projected to grow at significant rates owing to the factors such as a rise in demand for the meat coupled with the widespread of poultry diseases. In addition, a rise in demand for the healthy protein diet has led to increase in demand for the poultry products. Furthermore, growth in the poultry business in developed and developing countries of the world projected to boost the poultry feed market share over the forecast period. Moreover, the introduction of the new poultry feeds and feed additives for improving the health and provide efficient nutrients for the poultry are expected to boost the market share furthermore. However, growth in the cost of raw materials, lack of awareness in poultry farmers about the new products and high maintenance costs are expected to hamper the market growth over the forecast period.

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Market Scope: Global Poultry Feed Market

Global Poultry Feed Market is segmented based on type, additives and by region
By type, the global poultry feed market is segmented into

Broilers
Turkeys
Layers
Others

By additives, global poultry market is segmented into

Antibiotics
Antioxidants
Feed Enzymes
Vitamins
Amino Acids
Feed Acidifiers
Others

By region, the global poultry feed market is segmented into

North America
Latin America
Asia Pacific
Europe
Middle East and Africa MEA

Regional Analysis: Global Poultry Feed Market

Geographically, the poultry feed market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa regions. Asia Pacific poultry feed market is projected to have fastest growth rates owing to the factors such as high demand for the poultry products than the other meats such as pork and beef especially in countries such as India and China. North America poultry market is expected to grow at significant rates owing to the rise in demand for the poultry meat consumption and presence of the key market players that actively participating in R&D and new product launches. Europe poultry feed market projected to have a notable market share in the global poultry market. Share is attributed to the increase in demand for the animal proteins especially for eggs and poultry meat, urbanization and an increase in population that has increased the demand for the meat.

Competition Assessment: Global Poultry Feed Market

Some of the players in the global poultry feed market include
Hansen Holdings A/S Denmark
Evonik Industries AG Germany
Koninklijke DSM N.V. Netherlands
Novus International Inc. U.S
Alltech Inc. U.S
BASF SE Germany
Charoen Popkhand Foods Thailand
Archer Daniels Midland Company the U.S
Cargill Inc. U.S
Associated British Food Plc U.K
Adisseo China
Novozymes Novo Holdings A/S Denmark

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Notable Market Developments: Global Poultry Feed Market

In January 2017, Adisseo and Novozymes have launched, Alterion probiotic for the poultry industry in the U.S market in some of the countries in the Middle East and South East Asia.

Key Features of the Report:

The report provides granular level information about the market size, regional market share, historic market from 2013 to 2017 and forecast 2018 to 2024
The report covers in detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
The report tracks recent innovations, key developments and startup’s details that are actively working in the market
The report provides a plethora of information about market entry strategies and regulatory framework
The report analyses the impact of the sociopolitical environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

We also can offer a customized report to fulfill the special requirements of our clients. Regional and Countries report can be provided as well.

Contact Information:

Name: Jennifer Daniel
Email-Id: [email protected]
US: +1-716-2260907
UK: +447441952057
Organization: Planet Market Reports






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