Compound Feed Market Synopsis

Compound Feed Market Size Was Valued at USD 492.06 Billion in 2023 and is Projected to Reach USD 728.73 Billion by 2032, Growing at a CAGR of 4.46% From 2024-2032.

Compound Feed is the feed that is produced on the basis of animals’ various growth stages, physiological requirements and different production uses which helps in improving the nutritional value of animal feed.

• The compound feed market plays a crucial role in global agriculture and animal husbandry, providing nutritionally balanced feed to livestock for optimal growth, health, and productivity. With the increasing demand for animal products like meat, milk, and eggs, the compound feed industry has witnessed significant growth. Key factors driving this market include the rising global population, urbanization, and changing dietary preferences.
• The market is characterized by a diverse range of products catering to various livestock species, including poultry, cattle, swine, and aquaculture. Feed ingredients such as grains, oilseeds, and protein meals are essential components, and the industry is influenced by factors like commodity prices, weather conditions, and international trade dynamics.
• Technological advancements in feed formulations, nutritional research, and sustainable practices are shaping the industry's future. Additionally, regulatory frameworks and concerns about environmental sustainability are influencing feed production practices. As the industry evolves, stakeholders are increasingly focusing on innovation, efficiency, and environmental responsibility to meet the growing demand for high-quality animal products while addressing challenges related to resource constraints and climate change.

Compound Feed Market Trend Analysis

Rapid Demand for Improving Animal Health and Nutrition

• The compound feed market is experiencing a rapid surge in demand, primarily fueled by the increasing emphasis on enhancing animal health and nutrition. As global populations grow, there is a corresponding rise in the demand for high-quality animal products, such as meat, milk, and eggs. To meet these growing needs, livestock producers are recognizing the pivotal role of nutrition in optimizing animal health and productivity.
• Farmers and feed manufacturers are increasingly investing in compound feeds, which are nutritionally balanced mixtures of various feed ingredients. These feeds are formulated to provide essential nutrients, vitamins, and minerals required for the well-being and efficient growth of animals. The awareness of the direct correlation between animal nutrition and overall health has become a key driver in the adoption of specialized compound feeds.
• Additionally, advancements in feed technology, research, and development have led to the creation of customized feed solutions, addressing the specific nutritional requirements of different animal species. Governments and regulatory bodies are also playing a role by promoting guidelines and standards to ensure the safety and quality of compound feeds.

Rising Demand for Meat Products and Seafood Creates an Opportunity

• The increasing global demand for meat products and seafood has paved the way for significant growth opportunities in the compound feed market. As the global population continues to rise and consumer preferences shift towards protein-rich diets, there is a heightened demand for livestock and aquaculture production. Compound feed, a nutritionally balanced mixture of various raw materials and additives, serves as a crucial component in enhancing the health and productivity of animals raised for meat and seafood consumption.
• The compound feed market benefits from the rising awareness among farmers and producers about the importance of nutrition in animal growth and development. With a focus on optimizing feed efficiency and promoting healthy animal growth, compound feed becomes an essential tool in meeting the escalating demand for high-quality meat and seafood products. Additionally, technological advancements in feed formulations and manufacturing processes contribute to the market's expansion by ensuring the delivery of nutritionally superior feeds.

Compound Feed Market Segment Analysis:

Compound Feed Market Segmented on the basis of Ingredient, Form, Animal Type.

By Ingredient, feed cereals segment is expected to dominate the market during the forecast period

• The dominance of the feed cereals segment can be attributed to several factors. Cereals provide a cost-effective and energy-rich foundation for animal diets, promoting optimal growth and production efficiency. The versatility of cereals allows for their inclusion in various feed formulations tailored to meet the specific nutritional requirements of different animal species.
• Moreover, the global demand for meat, dairy, and poultry products is steadily rising, driving the need for efficient and nutritionally balanced animal feed. Feed cereals play a crucial role in meeting this demand by providing the necessary nutrients to enhance the overall health and productivity of livestock.
• Additionally, advancements in feed technology and formulation practices continue to enhance the efficacy of feed cereals, further bolstering their dominance in the compound feed market. As the agriculture and livestock industries strive for sustainability and increased productivity, the feed cereals segment is expected to maintain its prominence in shaping the future of the global compound feed market.

By Form, solid form segment held the largest share of 78.6% in 2022

• The solid form segment is anticipated to assert its dominance in the coming years. This sector encompasses various feed formulations that are processed into solid, granular, or pellet forms, catering to the diverse dietary needs of livestock. Solid forms offer several advantages, including ease of handling, reduced wastage, and enhanced nutrient stability.
• Livestock producers and feed manufacturers are increasingly gravitating towards solid compound feed due to its convenience in storage and transportation. The pelletization of feed allows for precise control over ingredient proportions, ensuring a balanced and nutritionally optimized diet for animals. Furthermore, solid forms facilitate efficient feeding practices, promoting uniform consumption among livestock and minimizing selective feeding.
• The growth of the solid form segment is also attributed to technological advancements in feed processing techniques, leading to improved product quality and digestibility. As the demand for high-performance and specialized feeds rises, solid formulations become the preferred choice for delivering targeted nutritional solutions.

Compound Feed Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

• The Asia Pacific region has been a key player in the global compound feed market due to several factors. The region's burgeoning population, particularly in countries like China and India, has led to an increased demand for livestock products, driving the need for high-quality and nutritionally balanced compound feed. Additionally, the growing middle-class population in these countries has resulted in an increased consumption of meat and dairy products, further boosting the demand for compound feed.
• Moreover, the presence of a robust agriculture sector, advancements in feed technologies, and government initiatives supporting the livestock industry have contributed to the region's dominance in the compound feed market. The Asia Pacific's economic growth and changing dietary patterns have also played a significant role in shaping the demand for compound feed.

Compound Feed Market Top Key Players:

• New Hope Liuhe Co. Ltd. (China)
• Cargill Inc. (United States)
• Guangdong Haid Group (China)
• Charoen Pokphand Foods Public Company Limited (Thailand)
• Nutreco NV (Netherlands)
• CJ Cheiljedang Corporation (South Korea)
• Tianjin Muyuan Bio-Technology Co., Ltd. (China)
• Jilin Haili Feed Group Co., Ltd. (China)
• FAMSUN Co., Ltd. (China)
• Dali Foods Group Co., Ltd. (China)
• COFCO International Ltd. (China)
• EWOS(Norway)
• Landus Cooperative (United States)
• Big Dutchman International GmbH (Germany)
• Alltech Inc. (United States)
• ADM Nutrition (United States)
• AB Agri Ltd. (United Kingdom)
• ForFarmers N.V. (Netherlands)
• Basu Group (India)
• Venky's (India)

 Key Industry Developments in the Compound Feed Market:

• In April 2024, ADM announced it is expanding a recall of chicken, swine, and rabbit feed products due to high levels of magnesium, sodium, calcium, and phosphorus that could harm the animals. The recall includes additional lots of various feed products. These feed products can reduce feed efficiency and egg production in chickens, can impact feed intake in swine, and can affect growth and weakness in rabbits.
• In March 2024, Cargill and VPF Group partnered for Cargill to produce swine feed at the VPF Chiang Mai facility, utilizing their advanced technologies. VPF will handle the remaining pork value chain, ensuring high-quality and safe pork for Thai consumers.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. COMPOUND FEED MARKET BY INGREDIENT (2017-2032)
   1. COMPOUND FEED MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. FEED CEREALS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. CAKES AND MEALS
   5. ANIMAL BY- PRODUCTS
7. COMPOUND FEED MARKET BY FORM (2017-2032)
   1. COMPOUND FEED MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. SOLID
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. LIQUID
8. COMPOUND FEED MARKET BY ANIMAL TYPE (2017-2032)
   1. COMPOUND FEED MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3.  CATTLE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. SWINE
   5. POULTRY
   6. AQUACULTURE
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. COMPOUND FEED Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. NEW HOPE LIUHE CO. LTD. (CHINA)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. CARGILL INC. (UNITED STATES)
   4. GUANGDONG HAID GROUP (CHINA)
   5. CHAROEN POKPHAND FOODS PUBLIC COMPANY LIMITED (THAILAND)
   6. NUTRECO NV (NETHERLANDS)
   7. CJ CHEILJEDANG CORPORATION (SOUTH KOREA)
   8. TIANJIN MUYUAN BIO-TECHNOLOGY CO., LTD. (CHINA)
   9. JILIN HAILI FEED GROUP CO., LTD. (CHINA)
   10. FAMSUN CO., LTD. (CHINA)
   11. DALI FOODS GROUP CO., LTD. (CHINA)
   12. COFCO INTERNATIONAL LTD. (CHINA)
   13. EWOS (NORWAY)
   14. LANDUS COOPERATIVE (UNITED STATES)
   15. BIG DUTCHMAN INTERNATIONAL GMBH (GERMANY)
   16. ALLTECH INC. (UNITED STATES)
   17. ADM NUTRITION (UNITED STATES)
   18. AB AGRI LTD. (UNITED KINGDOM)
   19. FORFARMERS N.V. (NETHERLANDS)
   20. BASU GROUP (INDIA)
   21. VENKY'S (INDIA)
10. GLOBAL COMPOUND FEED MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Ingredient
       4. Historic And Forecasted Market Size By Form
       5. Historic And Forecasted Market Size By Animal Type
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies