Compound Feed Market Research Report– Forecast till 2027

Compound Feed Market Research Report: by Ingredient (Cereals, Cereal By-products, Oilseed Meal, Oils, Molasses, Supplements, Others), by Supplement (Vitamins, Antibiotics, Antioxidants, Amino Acids, Enzymes, Acidifiers, Others), by Livestock (Ruminants, Aquaculture, Poultry, Swine, Others), and Region - Global Forecast till 2027

ID: MRFR/AGR/3941-CR | February 2021 | Region: Global | 118 pages

Global compound feed market overview:


Feed produced by mixing various raw materials and additives is called compound feed. The mixtures are manufactured or produced according to the intended animal and are available in the form of pellets, a type of food. Corn,oats, soy are the main ingredients used in the preparation of compounds for animals.


Compound feed plays a significant role in the raw feed chain. It helps to protect the food supply and the quality of all aquaculture and livestock productions and the supply chain. This food is produced to provide adequate nutrients to domestic livestock and animals, and to improve their health. There are several advantages in relation to the use of compound foods, which include increased cost-effective nutrition, nutritious quality of foods and high-quality meat products . In addition, it improves the quality of the food, which brings several benefits to the animal health.


Global compound feed market projection:


The compound feed market was estimated at $ 458.1 billion in 2020 and is expected to grow by 4.1% growth rate over the forecast period. The increase in demand for compound feed worldwide is severely hampered by the COVID-19 pandemic, which has resulted in the disruption of the supply chain, thus limiting trade in the product. Therefore, it is expected that this will last even longer if the restriction on logistics movement is extended until the third quarter of 2021.


Asia-Pacific represents an important part of the market due to the large sector of livestock in the region. This is driven by the growing demand for aquaculture and meat products, which is the main driving force behind the growth of the compound feed market. Increased awareness of the quality of milk, meatand other dairy products have increased livestock production are two of the other factors that increase the growth of the studied market.


Daily are one of the largest demanded of the compound feed for animals, with outstanding participation, followed by the chicken segment, due to the high demand for beef worldwide. Daily and birds are expected to grow at higher rates due to the changing dynamics of industrialization in the meat industry.


Factors influencing compound feed industry:


The growing demand for meat, dairy and aquacultureproducts globally is a major factor driving the growth of the global composites market.In addition, the increase in demand for organic food coupled with the growth of the organized livestock economic sector in terms of performance. In addition, the increase in livestock production is another factor driving the growth of the global market and some of the factors that are expected to trigger the growth of the global market, to some extent, in forecasting.


Strict government regulations are one of the main factors hindering the growth of the global composites market. In addition, quality control, especially in Asian countries, is worrying and the fluctuating prices of raw materials are factors that hinder the growth of the global market. The growing demand for compound feed in developing countries is expected to create profitable opportunities for leading suppliers and manufacturers in the global market during the forecast.


The flexibility of materials and the high cost of production are hampering the growth of the global feed market.The current trend observed in the market is to increase the demand for flexible composites, which is another factor that should further support the growth of the target market. The growing adoption of flexible feeds will present lucrative business opportunities for leading suppliers and manufacturers in the global market over the next two years.


Scope of the Report


Compound feed is a mixture of supplements and raw materialsdelivered to livestock, derived fromindustrial processing, inorganic substances,animal, vegetable, organic substances and containing or not containing additives. The compound food market is segmented according to: species of animals (chickens,ruminants,aquaculture, pigsand others), ingredients (foods, cereals and cakes), by- supplements and products (amino acids,vitamins, acidifiers, enzymes, prebiotics and probiotics, and Other) and Geography (Europe,North America, Asia Pacific,Africa and South America).


Compound feed market trends:


Growing demand for seafood and meat products


The global economic downturn has had a small impact on the global stock market, which has remained optimistic. Fish is poor incarbohydrates, fats and cholesterol. Although not very rich in protein, fish also provides essential amino acids and vitamins. The demand for seafood is growing rapidly as more people become aware of the health benefits of eating fish.The largest increase in meat consumption is expected in the South American  and Asia-Pacific regions due to changes in urbanization, diet patterns,economic and population growth. For example, according to Agriculture and Agri-Food Canada, Chinese demand for meat continues to exceed domestic supply. Population trends in global growth also support the growth of the world market for seafood and meat. The limited availability of terrestrial and water resources for feed production and the increase in life expectancy and the increasing use of these resources forethanol and food production increase the demand for feed in the global meat industry.


Market Valuations:


The compound feed market is classified as compound feed products, which include domestic animals, livestock, pigs, poultry and water . Among these, pigs food has the largest market share due to the increase in pork production during the forecast. The main types of additives include dyes and yeasts, amino acids, antioxidant minerals,feed acidifiers, enzymes and vitamins. In the recent past, amino acids have represented the largest market share in the feed additives sector. After the kinds of amino acids, vitamins had the second largest market share. This trend is expected to be the same in the near future, with the industry’s largest growth in amino acids, followed by vitamins in the compound market.


The main regional markets include The Asia-Pacific, North America, Africa , Europe,the Middle East, South and Central America. Emerging economies, including Asia-Pacific, South and Central America, expect positive growth due to increased consumption of dairy and meatproducts. Developed regions such as Europe have dominated the global market due to the high demand for meat products in the recent past, followed by North America. These regional markets expect a similar trend during the forecast. Europe has been responsible for the maximum revenue in the global industry due to constant development and research initiatives, along with the need for better quality animal products. Emerging economies, such as China and India, expect positive growth over the next two years and lead the regional market.Development and innovation with the aim of providing quality products is expected to increase growth in this region in the near future.


Market share compound feed:


The industry is very costly and is characterized by the high cost of raw materials. Suppliers invest in development and research initiatives to produce co-products that give them a competitive advantage over other suppliers and give economic advantages to the compound feed industry. The industry is expected to witness several acquisitions and mergers in the near future, with companies taking strong steps to gain market share and supply a variety of products.


Notable industry participants include:


Smithfield, Nutrition N.V, BIOMIN Holding GmbH,Cargill, Novus International Inc.,BASF SE, DSM, Addcon Group GmbH,Tyson, Kemin Industries Inc., Adisseo France S.A.S and Elanco Animal Health Inc.


Recent developments


In November 2019, Cargill opened a $ 34.0 million expansion at its Animal Health and Nutrition department in Temple, Texas.


In June 2019,  InnovaFeed and Cargill signed a partnership whereby companies will develop, manufacture and sell fish proteins based on insect proteins to support the sustainable cultivation of aquaculture.


Asia-Pacific dominates the market


The demand for animal protein is growing in the Asia-Pacific region, especially in Thailand, China, Malaysia, India,and many more, with economic growth in the region. This increased demand for meat protein has triggered meat production in the region where the consumption of animal compounds has grown and is expected to show a healthy growth rate. In addition to improving nutritional value, compound foods are gaining importance due to their role in improving meat quality. In 2019, the Indian commercial food industry serves dairy cows at 10.0-15.0%, aquaculture at 10.0-12.0% and the poultry sector around 70.0-75.0%. Commercial feed production in India was nearly 39.0 million tonnes during the same period. Poultry feed has the largest share in the country’s feed production, with nearly 24.9 million tonnes in 2019,pigs with 0, 07 million tons, aquaculture with 2.3 million tonnes anddaily with 11.6 million tonnes. As the country has a minimum share of the pig population in the general Asia-Pacific market, the outbreak of African swine fever has not affected the country’s food industry. According to statistical data from the Agriculture and Food Organization, in 2018, the country held only 1.8% of the Asia-Pacific pork population. Encouraged by the goal of improving self-sufficiency, the region is moving to the inclusion of alternative fodder ingredients, such as rice for fodder production.


Competition in compound feed application market:


The global compound market is consolidating, with major players, with a significant market share. Land O Lakes Purina, Charoen Pokphand Feeds and Cargill Inc., are the leading players in the market. Major companies have focused on acquiring small manufactures and feed mills to expand trade in overseas and local markets. Some players have expanded their geographical presence by merging with manufacturers or acquiring new ventures in the overseas market. Leading companies have focused on expanding trade in all regions and creating a new plant to increaseproduct line, as well as production capacity. The companies are also increasing the production capacity of their existing factories.



Frequently Asked Questions (FAQ) :


The compound feed market is projected to grow at a 4.02% CAGR between 2016-2023.

The compound feed market is predicted to touch USD 539.9 billion by 2023.

North America is projected to lead the compound feed market.

Supplements will dominate the compound feed market.

Increase in organized livestock farming and increasing consumption of meat are the key factors driving the compound feed market growth.

Global Compound Feed Market - Summary


Overview


Compound feed comprises a mix of essential nutrients designed to enhance the health and well-being of animals. These types of feeds are available in premixes to provide animals with required minerals and vitamins. Feed mills produce these foods keeping in mind the exact nutrition specification to optimize the ratio of essential micronutrients such as amino acids.


The global compound feed market is estimated to touch a value of USD 539.9 billion by 2023, growing at 4.02% CAGR from 2018 to 2023 (forecast period). Factors driving market growth include rising consumption of meat, leaning towards precision nutrition, and rise in organized livestock farming.


High demand for seafood, poultry, and meat is projected to drive market growth exponentially. According to the Food and Agriculture Organization of the United Nations (FAO), annual meat consumption per capita is expected to 77.82 lbs by 2025. Change in dietary preferences of consumers coupled with the increase in their disposable income levels is expected to induce demand in the compound feed market.


Rise in livestock farming in economies of China, India, and Brazil is expected to drive market growth due to demand for protein-based foods. Initiatives by governments to support commercial farming and increasing globalization are expected to push the need for compound feeds. Awareness of precision nutrition among farmers to ensure the continuous health of animals throughout their lifecycle is projected to culminate in high demand from the compound feed market.


Industry Opportunity


Aquaculture has seen a rise in recent years, with China providing the maximum potential. Increasing demand for seafood is likely to spark the demand for compound feeds owing to investments by various players in the fishery industry. In addition, fish being an inherent source of protein and preferred by consumers is expected to boost the compound feed market growth.


Preference for organic foods in the U.S. and Europe is expected to drive the need for compound feeds. As per the survey by the Organic Trade Association in 2017, organic foods accounted for more than 5% of total food sales in 2017 and can create an opportunity for feed producers. 


Segmentation


By ingredient, the compound feed market offers oilseed meals, oils, molasses, supplements, cereals, cereal by-products, and others. Supplements are expected to exhibit the highest growth rate over the forecast period due to presence of feed additives which can enhance livestock performance. Oilseed meals are a major residue of vegetable oilseeds which are used as substitutes for protein supplements.


By supplement, the compound feed market is categorized into vitamins, antibiotics, enzymes, amino acids, acidifiers, and others. Amino acids held the largest market share in 2017 and aid in boosting protein levels of animals. In addition, the preference of high-quality meat by consumers is likely to lead to its adoption by farmers. Enzymes can induce a high command in the compound feed market owing to the ability of phytase, proteases, and carbohydrases to assist in digestion.


By livestock, the market is segmented into poultry, swine, ruminants, aquaculture, and others. Poultry held the highest market share in 2017 owing to preference of dairy and eggs by consumers. Rise in health-consciousness levels of consumers coupled with inclination towards protein-rich diets can boost the segment growth. But the aquaculture segment is expected to exhibit the highest growth rate owing to the booming fishery sector in developing economies. Establishment of aqua feed mills by key players is likely to drive the compound feed market growth.


Regional Analysis


Geographic segmentation of the compound feed market comprises North America, Europe, South America, Asia Pacific (APAC), and Rest-of-the-World (RoW).


The North America region can generate significant revenue for the compound feed market owing to feed producing companies in the U.S. and Mexico. The growing aquaculture sector coupled with rising production of feeds to cater to the broiler industry can drive the regional market.


The European region is expected to accrue significant revenue owing to presence of high-quality feed producers in Spain, Germany, and Russia. In addition, investments in research and development to enhance the quality of animal feeds can work in favor of the market.


APAC, on the other hand, can showcase the highest CAGR over the forecast period owing to presence agrarian economies of Brazil, Russia, India, and China. Consumption of pork and inclination towards high-protein diets are other factors which can drive the market growth in the region.


Competitive Landscape


Key players in the compound feed market include Feedone Co., Ltd. (Japan), Charoen Pokphand Foods PCL (Thailand), United Animal Health Inc. (U.S.), Cargill Inc. (U.S.), Nutreco NV (The Netherlands), COFCO (China), Archer Daniels Midland (ADM) Company (U.S.), ForFarmers NV (The Netherlands), Neovia Group (France), PT Japfa Comfeed Indonesia Tk (Indonesia), New Hope Group (China), Weston Milling Animal Nutrition (Australia), and Land 'O Lakes Inc. (U.S.).

1 Executive Summary

2 Market Introduction

2.1 Definition 20

2.2 Scope of the Study 20

2.3 List of Assumptions 21

2.4 Market Structure 21

2.5 Key Takeaways 22

2.6 Key Buying Criteria 22

3 Research Methodology

3.1 Research Process 24

3.2 Primary Research 25

3.3 Secondary Research 26

3.4 Market Size Estimation 26

3.5 Forecast Model 27

4 Market Dynamics

4.1 Introduction 29

4.2 Drivers 30

4.2.1 Growth of Organized Livestock Farming in Developing Countries 30

4.2.2 Growing Demand for Meat, Poultry, and Seafood 30

4.2.3 Increasing Awareness about Precision Nutrition 30

4.3 Restraints 31

4.3.1 Fluctuating Prices of Raw Materials 31

4.3.2 Government Regulations 31

4.4 Opportunities 32

4.4.1 Massive Growth in Aquaculture 32

4.4.2 Rising Demand for Organic Feed 32

4.5 Challenges 32

4.5.1 Sustainability of Feed and Livestock Chain 32

5 Market Factor Analysis

5.1 Value Chain Analysis 34

5.1.1 Raw Material Procurement 35

5.1.2 Processing 35

5.1.3 Packaging 35

5.2 Supply Chain Analysis 36

5.3 Porter’s Five Forces Analysis 37

5.3.1 Threat of New Entrants 37

5.3.2 Threat of Substitutes 38

5.3.3 Bargaining Power of Buyers 38

5.3.4 Bargaining Power of Suppliers 38

5.3.5 Intensity of Rivalry 38

6 Global Compound Feed Market, by Ingredients

6.1 Overview 40

6.1.1 Cereals 40

6.1.2 Cereal By-Products 40

6.1.3 Oilseed Meal 40

6.1.4 Oils 40

6.1.5 Molasses 41

6.1.6 Supplements 41

6.1.7 Others 41

7 Global Compound Feed Market, by Supplements

7.1 Overview 47

7.1.1 Vitamins 47

7.1.2 Antibiotics 47

7.1.3 Antioxidants 47

7.1.4 Amino Acids 47

7.1.5 Enzymes 47

7.1.6 Acidifiers 48

7.1.7 Others 48

8 Global Compound Feed Market, by Livestock

8.1 Overview 53

8.1.1 Ruminants 53

8.1.2 Swine 53

8.1.3 Poultry 53

8.1.4 Aquaculture 53

8.1.5 Others 53

9 Global Compound Feed Market, by Region

9.1 Introduction 58

9.2 North America 58

9.2.1 US 61

9.2.2 Mexico 62

9.2.3 Canada 64

9.3 Europe 66

9.3.1 Germany 68

9.3.2 Spain 70

9.3.3 France 71

9.3.4 UK 73

9.3.5 Italy 74

9.3.6 Rest of the Europe 76

9.4 Asia-Pacific 78

9.4.1 China 80

9.4.2 Japan 82

9.4.3 India 83

9.4.4 South Korea 85

9.4.5 Australia 86

9.4.6 Rest of Asia-Pacific 88

9.5 South America 90

9.5.1 Brazil 92

9.5.2 Argentina 93

9.5.3 Rest of South America 95

9.6 Rest of the World (RoW) 97

9.6.1 Middle East 99

9.6.2 Africa 100

10 Competitive Landscape

11 Company Profile

11.1 Charoen Pokphand Foods PCL 107

11.1.1 Company Overview 107

11.1.2 Financial Overview 107

11.1.3 Products Offered 108

11.1.4 Key Developments 108

11.1.5 SWOT Analysis 109

11.1.6 Key Strategies 109

11.2 Cargill, Inc. 110

11.2.1 Company Overview 110

11.2.2 Financial Overview 110

11.2.3 Products Offered 111

11.2.4 Key Developments 111

11.2.5 SWOT Analysis 112

11.2.6 Key Strategies 112

11.3 Archer Daniels Midland (ADM) Company 113

11.3.1 Company Overview 113

11.3.2 Financial Overview 113

11.3.3 Products Offered 114

11.3.4 Key Developments 114

11.3.5 SWOT Analysis 114

11.3.6 Key Strategies 114

11.4 Land 'O Lakes Inc. 115

11.4.1 Company Overview 115

11.4.2 Financial Overview 115

11.4.3 Products Offered 116

11.4.4 Key Developments 116

11.4.5 SWOT Analysis 116

11.4.6 Key Strategies 117

11.5 ForFarmers NV 118

11.5.1 Company Overview 118

11.5.2 Financial Overview 118

11.5.3 Products Offered 119

11.5.4 Key Developments 119

11.5.5 Key Strategies 119

11.6 PT Japfa Comfeed Indonesia Tbk 120

11.6.1 Company Overview 120

11.6.2 Financial Overview 120

11.6.3 Products Offerings 121

11.6.4 Key Developments 121

11.6.5 Key Strategies 121

11.7 New Hope Group 122

11.7.1 Company Overview 122

11.7.2 Financial Overview 122

11.7.3 Products Offered 122

11.7.4 Key Developments 122

11.7.5 SWOT Analysis 123

11.7.6 Key Strategies 123

11.8 COFCO 124

11.8.1 Company Overview 124

11.8.2 Financial Overview 124

11.8.3 Products Offered 124

11.8.4 Key Developments 124

11.8.5 Key Strategies 124

11.9 Nutreco NV 125

11.9.1 Company Overview 125

11.9.2 Financial Overview 125

11.9.3 Products Offered 125

11.9.4 Key Developments 125

11.9.5 Key Strategies 125

11.10 Neovia Group 126

11.10.1 Company Overview 126

11.10.2 Financial Overview 126

11.10.3 Products Offered 126

11.10.4 Key Developments 126

11.10.5 Key Strategies 126

11.11 United Animal Health Inc. 127

11.11.1 Company Overview 127

11.11.2 Financial Overview 127

11.11.3 Products Offered 127

11.11.4 Key Developments 127

11.11.5 Key Strategies 127

11.12 Weston Milling Animal Nutrition 128

11.12.1 Company Overview 128

11.12.2 Financial Overview 128

11.12.3 Products Offered 128

11.12.4 Key Developments 128

11.12.5 Key Strategies 128

11.13 Feedone Co., Ltd 129

11.13.1 Company Overview 129

11.13.2 Financial Overview 129

11.13.3 Products Offered 129

11.13.4 Key Developments 129

11.13.5 Key Strategies 129

12 Conclusion

12.1 Key Findings 131

13 List of Tables

TABLE 1 GLOBAL COMPOUND FEED MARKET, BY REGION, 2020-2027 (USD BILLION) 15

TABLE 2 GLOBAL COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 16

TABLE 3 GLOBAL COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 17

TABLE 4 GLOBAL COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 18

TABLE 5 LIST OF ASSUMPTIONS 21

TABLE 6 GLOBAL COMPOUND FEED CEREALS MARKET, BY REGION, 2020-2027 (USD BILLION) 42

TABLE 7 GLOBAL COMPOUND FEED CEREAL BY-PRODUCTS MARKET, BY REGION, 2020-2027 (USD BILLION) 42

TABLE 8 GLOBAL COMPOUND FEED OILSEED MEAL MARKET, BY REGION, 2020-2027 (USD BILLION) 43

TABLE 9 GLOBAL COMPOUND FEED OILS MARKET, BY REGION, 2020-2027 (USD BILLION) 43

TABLE 10 GLOBAL COMPOUND FEED MOLASSES MARKET, BY REGION, 2020-2027 (USD BILLION) 44

TABLE 11 GLOBAL COMPOUND FEED SUPPLEMENTS MARKET, BY REGION, 2020-2027 (USD BILLION) 44

TABLE 12 GLOBAL COMPOUND FEED OTHERS MARKET, BY REGION, 2020-2027 (USD BILLION) 45

TABLE 13 GLOBAL COMPOUND FEED VITAMINS MARKET, BY REGION, 2020-2027 (USD BILLION) 48

TABLE 14 GLOBAL COMPOUND FEED ANTIBIOTICS MARKET, BY REGION, 2020-2027 (USD BILLION) 49

TABLE 15 GLOBAL COMPOUND FEED ANTIOXIDANTS MARKET, BY REGION, 2020-2027 (USD BILLION) 49

TABLE 16 GLOBAL COMPOUND FEED AMINO ACIDS MARKET, BY REGION, 2020-2027 (USD BILLION) 50

TABLE 17 GLOBAL COMPOUND FEED ENZYMES MARKET, BY REGION, 2020-2027 (USD BILLION) 50

TABLE 18 GLOBAL COMPOUND FEED ACIDIFIERS MARKET, BY REGION, 2020-2027 (USD BILLION) 51

TABLE 19 GLOBAL COMPOUND FEED OTHERS MARKET, BY REGION, 2020-2027 (USD BILLION) 51

TABLE 20 GLOBAL COMPOUND FEED RUMINANTS MARKET, BY REGION, 2020-2027 (USD BILLION) 54

TABLE 21 GLOBAL COMPOUND FEED SWINE MARKET, BY REGION, 2020-2027 (USD BILLION) 55

TABLE 22 GLOBAL COMPOUND FEED POULTRY MARKET, BY REGION, 2020-2027 (USD BILLION) 55

TABLE 23 GLOBAL COMPOUND FEED AQUACULTURE MARKET, BY REGION, 2020-2027 (USD BILLION) 56

TABLE 24 GLOBAL COMPOUND FEED OTHERS MARKET, BY REGION, 2020-2027 (USD BILLION) 56

TABLE 25 NORTH AMERICA: COMPOUND FEED MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 59

TABLE 26 NORTH AMERICA: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 59

TABLE 27 NORTH AMERICA: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 60

TABLE 28 NORTH AMERICA: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 60

TABLE 29 US: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 61

TABLE 30 US: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 61

TABLE 31 US: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 62

TABLE 32 MEXICO: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 62

TABLE 33 MEXICO: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 63

TABLE 34 MEXICO: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 63

TABLE 35 CANADA: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 64

TABLE 36 CANADA: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 64

TABLE 37 CANADA: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 65

TABLE 38 EUROPE: COMPOUND FEED MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 66

TABLE 39 EUROPE: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 67

TABLE 40 EUROPE: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 67

TABLE 41 EUROPE: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 68

TABLE 42 GERMANY: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 68

TABLE 43 GERMANY: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 69

TABLE 44 GERMANY: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 69

TABLE 45 SPAIN: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 70

TABLE 46 SPAIN: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 70

TABLE 47 SPAIN: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 71

TABLE 48 FRANCE: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 71

TABLE 49 FRANCE: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 72

TABLE 50 FRANCE: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 72

TABLE 51 UK: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 73

TABLE 52 UK: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 73

TABLE 53 UK: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 74

TABLE 54 ITALY: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 74

TABLE 55 ITALY: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 75

TABLE 56 ITALY: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 75

TABLE 57 REST OF THE EUROPE: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 76

TABLE 58 REST OF THE EUROPE: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 76

TABLE 59 REST OF THE EUROPE: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 77

TABLE 60 ASIA-PACIFIC: COMPOUND FEED MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 78

TABLE 61 ASIA-PACIFIC: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 79

TABLE 62 ASIA-PACIFIC: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 79

TABLE 63 ASIA-PACIFIC: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 80

TABLE 64 CHINA: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 80

TABLE 65 CHINA: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 81

TABLE 66 CHINA: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 81

TABLE 67 JAPAN: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 82

TABLE 68 JAPAN: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 82

TABLE 69 JAPAN: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 83

TABLE 70 INDIA: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 83

TABLE 71 INDIA: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 84

TABLE 72 INDIA: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 84

TABLE 73 SOUTH KOREA: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 85

TABLE 74 SOUTH KOREA: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 85

TABLE 75 SOUTH KOREA: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 86

TABLE 76 AUSTRALIA: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 86

TABLE 77 AUSTRALIA: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 87

TABLE 78 AUSTRALIA: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 87

TABLE 79 REST OF ASIA-PACIFIC: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 88

TABLE 80 REST OF ASIA-PACIFIC: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 88

TABLE 81 REST OF ASIA-PACIFIC: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 89

TABLE 82 SOUTH AMERICA: COMPOUND FEED MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 90

TABLE 83 SOUTH AMERICA: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 90

TABLE 84 SOUTH AMERICA: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 91

TABLE 85 SOUTH AMERICA: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 91

TABLE 86 BRAZIL: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 92

TABLE 87 BRAZIL: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 92

TABLE 88 BRAZIL: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 93

TABLE 89 ARGENTINA: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 93

TABLE 90 ARGENTINA: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 94

TABLE 91 ARGENTINA: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 94

TABLE 92 REST OF SOUTH AMERICA: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 95

TABLE 93 REST OF SOUTH AMERICA: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 95

TABLE 94 REST OF SOUTH AMERICA: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 96

TABLE 95 REST OF THE WORLD: COMPOUND FEED MARKET, BY REGION, 2020-2027 (USD BILLION) 97

TABLE 96 REST OF THE WORLD: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 97

TABLE 97 REST OF THE WORLD: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 98

TABLE 98 REST OF THE WORLD: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 98

TABLE 99 MIDDLE EAST: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 99

TABLE 100 MIDDLE EAST: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 99

TABLE 101 MIDDLE EAST: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 100

TABLE 102 AFRICA: COMPOUND FEED MARKET, BY INGREDIENTS, 2020-2027 (USD BILLION) 100

TABLE 103 AFRICA: COMPOUND FEED MARKET, BY SUPPLEMENTS, 2020-2027 (USD BILLION) 101

TABLE 104 AFRICA: COMPOUND FEED MARKET, BY LIVESTOCK, 2020-2027 (USD BILLION) 101

TABLE 105 COMPETITIVE LANDSCAPING: GLOBAL COMPOUND FEED MARKET, BY STRATEGY, 2020-2027 104


14 List of Figures

FIGURE 1 GLOBAL COMPOUND FEED MARKET SHARE (%), BY REGION, 2020-2027 16

FIGURE 2 GLOBAL COMPOUND FEED MARKET SHARE (%), BY INGREDIENTS, 2020-2027 17

FIGURE 3 GLOBAL COMPOUND FEED MARKET SHARE (%), BY SUPPLEMENTS, 2020-2027 18

FIGURE 4 GLOBAL COMPOUND FEED MARKET SHARE (%), BY SPECIES, 2020-2027 18

FIGURE 5 GLOBAL COMPOUND FEED MARKET: MARKET STRUCTURE 21

FIGURE 6 KEY TAKEAWAYS OF THE COMPOUND FEED MARKET 22

FIGURE 7 KEY BUYING CRITERIA IN THE GLOBAL COMPOUND FEED MARKET 22

FIGURE 8 RESEARCH PROCESS OF MRFR 24

FIGURE 9 TOP-DOWN & BOTTOM-UP APPROACHES 27

FIGURE 10 MARKET DYNAMICS OVERVIEW 29

FIGURE 11 GLOBAL COMPOUND FEED MARKET: VALUE CHAIN ANALYSIS 34

FIGURE 12 GLOBAL COMPOUND FEED MARKET: SUPPLY CHAIN ANALYSIS 36

FIGURE 13 GLOBAL COMPOUND FEED MARKET: PORTER'S FIVE FORCES ANALYSIS 37

FIGURE 14 GLOBAL COMPOUND FEED MARKET, BY INGREDIENT, 2020 AND 2027 (USD BILLION) 41

FIGURE 15 GLOBAL COMPOUND FEED MARKET, BY SUPPLEMENT, 2020 AND 2027 (USD BILLION) 48

FIGURE 16 GLOBAL COMPOUND FEED MARKET, BY LIVESTOCK, 2020 AND 2027 (USD BILLION) 54

FIGURE 17 GLOBAL COMPOUND FEED MARKET, BY REGION, 2020 AND 2027 (USD BILLION) 58

FIGURE 18 ASIA-PACIFIC COMPOUND FEED MARKET, BY COUNTRY 2017 & 2023 (USD BILLION) 78

FIGURE 19 GLOBAL COMPOUND FEED MARKET: MAJOR PLAYER MARKET DEVELOPMENT SHARE, 2020-2027 103

FIGURE 20 GLOBAL COMPOUND FEED MARKET: STRATEGY ANALYSIS 104

FIGURE 21 GLOBAL COMPOUND FEED MARKET: MARKET DEVELOPMENTS, 2020-2027 105

Increasing awareness about precision nutrition is the major factor that is surging the demand of compound feed.


Major key players listed in the global durian chocolate market include Charoen Pokphand Foods PCL (Thailand), Cargill, Inc. (US), Archer Daniels Midland (ADM) Company (US), Land 'O Lakes Inc. (US), and ForFarmers NV  (Netherlands), among others.


The global compound feed market is expected to witness lucrative opportunities during the upcoming years due to growth of organized livestock farming in developing countries. Moreover, growing demand for organic animal-based products is creating the demand for organic feed across the globe. Along with this high growth witnessed by Aquaculture sector has opened new opportunity for the compound feed manufacturers. However, fluctuating raw material prices and government regulations are the major restraining factors for the market.


Charoen Pokphand Foods PCL focus on providing the customers with high quality products, innovative products. The company adoption of new technologies gives the company edge over its competitors. The company is taking initiatives to grow inorganically in market through acquisitions and partnerships.  The company has product offering for the livestock and pets. 


Cargill, Inc. company has major focus on expanding its geographic presence across the globe. Along with this, the company is investing highly in research & development to broaden its product portfolio and to strengthen its business across the globe. The company have wide range of brands and products available in the market. 


Archer Daniels Midland (ADM) Company has high dependence on US market for revenues. However, in last few years the company has focused on expansion and has opened its animal feed facilities in Asia-Pacific region. The company has also launched various feed and feed premix products to expand its product portfolio top generate high revenues in the global market.


ForFarmers NV the company has strong presence in European countries and compound feed accounts for major share in the company’s revenue. The company is focusing on acquiring larger brands to increase its presence and also to adopt the new technologies available with these brands. The company aims to strengthen its customer base. The company is also looking forward to expand its product portfolio and enter into new markets.


Other major manufacturers include PT Japfa Comfeed Indonesia Tbk (Indonesia), New Hope Group (China), COFCO (China), Nutreco NV (Netherlands), Neovia Group (France), United Animal Health Inc. (US), Weston Milling Animal Nutrition (Australia), and Feedone Co., Ltd (Japan) among many others. These companies are also found to have a high focus on increasing their market presence across through strategic acquisitions which enable them to tap the large consumer base and also adopt new technologies. They are also involved in the strategic expansions which will further support the company to expand and reach out to consumers across the regions. The compnaies are investing highly to build up their production capacity to meet the increasing demand for the compound feed.