Poultry Feed Market

Feed Grinding & Milling Manufacturers

Updated on Apr 9, 2019

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Image for Poultry Feed Market with ID of: 3361432
MARKET OVERVIEW:

Poultry Feed is the food given to the farm animals mainly, chickens, turkeys or any other animals which provide meat.  The objective of poultry feed is to make the farm animals healthier so that they can provide better meat or eggs. Poultry Feed Market was worth USD 7.84 billion in 2018 and estimated to be growing at a CAGR of 6.10%, to reach USD 10.54 billion by 2023.

DRIVERS & RESTRAINTS OF THE MARKET:

Increasing consumer spending capacity due to increased incomes, increasing urbanization and population growth, has led to a considerable increase in demand for animal protein, especially meat and eggs, which has led to increased demand for poultry feed and additives.
Besides, the growing trend of people eating out in fine restaurants is also driving this market.
However, the number of diseases related to poultry has increased in recent years arising concerns from consumers, and that affects the poultry feed market.
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REPORT SEGMENTED AS:

Based on the Poultry Product Type:

Broilers
Turkeys
Layers
Others
Based on Needed Feed Additives:

Amino acids
Feed enzymes
Antioxidants
Vitamins
Antibiotics
Feed acidifiers
GEOGRAPHICAL SEGMENTATION:

Geographically, the Global Poultry Feed Market is segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. Asia-Pacific is the fastest growing market whereas North America is the largest market globally.

KEY MARKET PLAYERS:

JBS S.A. (Brazil)
Tyson Foods (U.S.)
BRF (Brazil)
CP Group (Thailand)
Wen’s Food Group (China)
Royal DSM N.V. (The Netherlands)
Charoen Popkhand Foods (Thailand)
Archer Daniels Midland Company (ADM) (U.S)
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THE SCOPE OF THE REPORT:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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