Demand for High-quality Meats Fuels Global Compound Feed Market

San Francisco, California, July 17, 2018 – TMR Research presents a new market study on the global compound feed market for the forecast period between 2018 and 2026. The report, titled “Compound Feed Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2026”, examines crucial market indicators to determine the growth trajectory of the daid market through 2026.

According to the report, the global compound feed market is predicted to display notable growth on the back of demand for high-quality animal derived food products.

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Over the past few years, rising awareness about the health benefits of animal derived food products is positively impacting the compound feed market. As consumers tend to spend considerably on high-quality animal-based foods, demand for compound feed is likely to accentuate for livestock.

With the growing demand for nutrition-rich and health-benefitting fodder for livestock, manufacturers of animal feed are producing compound feed products. These foods are said to provide added strength to livestock, and helps increase their performance. Prominent manufacturers of compound feed are focused on diversifying their product portfolio and create a range of compound feed that serve nutritional requirements of livestock. Product manufacturers are incorporating raw materials such as maize, rice, millet, wheat along with additives and antibiotics to provide nutritionally rich fodder to animals.

The global compound feed market could be segmented on the basis of source, ingredient type, form, livestock, and region. By source, plant-based and animal-based are the segments that could divide the compound feed market. By ingredient type, corn, wheat, soybean, rice barn, and others are the segments into which the compound feed market could be divided.

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Leading players operating in the compound feed market include Cargill, New Hope Group, The Archer Daniels Midland Company Godrej agrovet, Land O’Lakes, Alltech, J.D. Heiskell & Co., Nutreco, Charoen Pokphand Food, Kent Nutrition Group, ForFramers, Feed One Co., and Guangdong Haid Group among others.

Compound Feed Market Fresh outlook of Vitamins Supplements by 2026

Market outlook: Compound Feed

With the growing need for nutrition-dense and health-benefiting fodder for livestock, farmers are investing in compound feed products. To offer performance-boosting of the livestock, leading manufacturers are focusing on utilizing specific ingredients that are rich in protein and nutrition. Prominent manufacturers are focusing on diversifying the product portfolio by developing a range of compound feed products that align with the specific requirements of the livestock. The global market for compound feed is expected to experience a rapid growth due to the increasing demand for high-quality meat profile and changing tastes and preferences of the consumers.

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Reasons for Covering Compound Feed Market as a Title

Change in the preferences, tastes, and lifestyle of the health-conscious consumers has fuelled the consumption of animal-based food products. As individuals prefer spending on high-quality animal-based products, demand for compound feed products is likely to accelerate in the livestock industry. To offer effective and performance-boosting compound feed products, leading manufacturers are focusing on utilizing various raw materials such as maize, rice, wheat along with other grains and millets which are formulated to develop feed for specific requirements of the animals. In addition, manufacturers are incorporating additives and antibiotics for increasing the nutritional content and the resistance power of the animals. The development of powerful immunity in the microorganisms due to the evolution is responsible for the outbreak of numerous disease in livestock thus, challenging the vendors of the compound feed market industry. Bound to these factors, leading manufacturers are focusing on producing effective and health-promoting compound feed to ensure proper health of their livestock. With the increase in the healthy livestock, farmers are focusing on offering good quality meat and dairy products.

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Global Compound feed Market: Segmentation:

On the basis of source, the global compound feed market has been segmented as –

  • Plant-based
  • Animal-based

On the basis of ingredient type, the global compound feed market has been segmented as –

  • Corn
  • Wheat
  • Soybean
  • Rice barn
  • Others

On the basis of form, the global compound feed market has been segmented as –

  • Mash
  • Pellets
  • Crumbles
  • Others

On the basis of livestock, the global compound feed market has been segmented as –

  • Cattle
    • Calf
    • Dairy cattle
    • Beef cattle
  • Poultry
    • Broilers
    • Layers
    • Breeders
    • Others( ducks, turkey)
  • Aquaculture
    • Fish
    • Mollusks
    • Others(shrimps, Salmon)
  • Others( Sheep, Goats, Horses)

On the basis of region, the global compound feed market has been segmented as –

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Africa

Global Compound feed Market: Key Players

Some of the key players operating in the global tallow tree seed market are Cargill, Nutreco, New Hope Group, Charoen Pokphand Food, The Archer Daniels Midland Company Godrej agrovet, Kent Nutrition Group, Land O’Lakes, ForFarmers, Alltech, Feed One Co., J.D. Heiskell & Co., and Guangdong Haid Group among others.

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Opportunities for Market Participants

Over the past few years, growing awareness about the health benefits of the animal-based food products is expected to contribute towards the growth of the global compound feed market. However, high prices of the raw materials utilized in the production of the compound feed and stringent legislations associated with animal husbandry are likely to hinder the growth of the compound feed market globally. Bound to these factors, leading companies are focusing on developing novel strategies for manufacturing compound feed using supplements and by-products for developing health-promoting products.

Brief Approach to Research

Our analysis has followed a model-based approach and triangulation methodology to offer accurate insights. A detailed market understanding and assessment of the applications, types, forms, and end uses of the product segments covered in the study is offered by carrying out a demand-side approach to estimate the sales of target product segments, which is further cross-referenced with a supply-side assessment of value generated over a predefined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

  • An overview of the Compound feed market, including background and evolution
  • Macroeconomic factors affecting the Compound feed market and its potential
  • Market dynamics, such as drivers, challenges, and trends in the Compound feed market
  • Detailed value chain analysis of the Compound feed market
  • The cost structure of the products and segments covered in the study of the Compound feed market
  • In-depth pricing analysis, by key product segments, regions and by major market participants in the Compound feed market
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario