Report Highlights
The global compound feed and additives market was valued at $508.1 billion in 2023. The market is estimated to grow from $526.6 billion in 2024 to $636.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2029.
Report Includes
- 85 data tables and 37 additional tables
- An in-depth analysis of the global markets for compound feeds and additives
- Analyses of global market trends, with market revenue data from 2023, estimates for 2024, and projected CAGRs through 2029
- Estimates of the market size in value and volumetric terms, revenue prospects and market share analysis by source, ingredient type, livestock type and region
- Facts and figures pertaining to the market drivers and challenges, innovations, technologies, industry regulations and the influence of macroeconomic factors
- Porter’s Five Forces, global supply chain and PESTLE analyses
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, the ESG practices of leading companies and their ESG scores
- Analysis of the industry structure, including company market shares, strategic alliances, M&A activity and venture funding outlook
- Company profiles of the leading manufacturers and suppliers, including Charoen Pokphand Foods PCL, ADM, ForFarmers NV, CHS Inc., and AB Agri Ltd.
Report Scope
The report provides market projections for compound feed and additives from 2024 through 2029 and analyzes the market shares of leading companies. It examines the market based on the type of livestock (poultry, swine, ruminant, aquaculture, and others), form (mash, pellet, crumbles, and others), and type of ingredients (cereal ingredients, cakes, and meals, milling by-products, supplements, and others).
Report Synopsis
| Report Metrics | Details | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||
| Base year market size | $508.1 Billion | ||||||||||||
| Market size forecast | $636.0 Billion | ||||||||||||
| Growth rate | CAGR of 3.8% from 2024 to 2029 | ||||||||||||
| Units considered | $ Millions (Value) and Million Metric Tons (Volume) | ||||||||||||
| Segments covered | By Type of Livestock, Form, Ingredient Type, and Region | ||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, South America, and the Middle East and Africa (MEA) | ||||||||||||
| Countries covered | China, India, Japan, Vietnam, U.S., Canada, Mexico, Spain, Germany, France, Russia, Brazil, Argentina, The Middle East, and Africa | ||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Increasing consumption of animal protein.
- The increasing demand for nutrient-dense feed.
- Growing awareness about animal nutrition in developing economies.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Consulting Editor’s Credentials
Melissa Dueck brings more than 25 years of health industry experience to the consulting analyst role with expertise in pharmaceuticals, medical technologies, and hospital operations. Ms. Dueck holds an MBA in Health Care Management, an MPH in Global Health, and is a pending doctoral candidate. She has authored several industry-specific documents and is a well-respected, trusted contributor to the market intelligence community. Her writings are published in magazines, newspapers, and professional journals. She is also an experienced custom market research writer who has worked with a large variety of clients in many fields who require innumerable variations to research documents. Ms. Dueck serves the health and medical community through emergency room medical training, healthcare information system coordination, program implementation and evaluations, and strategic business oversight planning.
Report Highlights
The global market for compound feed should grow from $483.6 billion in 2020 to reach $606.8 billion by 2025, at a compound annual growth rate (CAGR) of 4.6% during 2020-2025.
Report Highlights
The global market for animal feed totaled about $99.7 billion in 2012, and sales reached about $106 billion in 2013. At a 6.4% compound annual growth rate (CAGR) from 2013 to 2018, the global animal feed market is expected to rise to almost $144.4 billion in 2018.
Report Highlights
The global market value of feed additives products was $16.1 billion in 2010 and is expected to grow to $27.6 billion in 2017 at an estimated compound annual growth rate (CAGR) of 8.1% from 2010 to 2017.
Report Highlights
-
The compound feed and respective ingredient markets reached 606 million tons in 2001. The market is expected to increase at a low AAGR (average annual growth rate) of 1% to 637 million tons in 2006.
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Compound feed production for poultry and pigs will continue to climb, while that for cattle will become smaller and smaller.
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Major growth is seen for aquaculture feed.
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Due to continued price pressure, the market value of feed additives will increase at an AAGR of only 0.2% through 2006.
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Upcoming ingredient specialties such as probiotics, prebiotics, and especially yeast, have recently experienced a fast and broad expansion of their markets.
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