Poultry Feed Market Demand, Growth Predictions, Share, Size- Value & Volume, Key Player, Industry Research Report, Emerging Technologies, Business Opportunities and Competitive Analysis 2019-2027

March 21 08:33 2020
Poultry Feed Market Demand, Growth Predictions, Share, Size- Value & Volume, Key Player, Industry Research Report, Emerging Technologies, Business Opportunities and Competitive Analysis 2019-2027

“The rapid growth in global population appears to be unceasing, and this, combined with urbanization, and an increase in disposable income has placed a high demand for poultry”
Global Poultry Feed Market has revealed expected growth over a forecast period of 2019 to 2027, and The report includes an impact assessment of various factors affecting the market and also reveals a number of important figures relevant to the global poultry feed market for the assessment period

Poultry feed market is projected to be catapulted on an upward trajectory over the next few years on account of enhanced quality and nutritional value. After the ban imposed on antibiotics in developed nations, organic alternatives are being researched and introduced in the market. This, in turn, is expected to augment the global poultry feed market in the forthcoming years.

The global economic development is likely to support the increase in the purchasing power of the consumers. It is expected to have a favorable impact on the growth pattern of the poultry feed market across the review period. However, on the contrary, the high cost of feed is likely to remain an impediment to market growth over the assessment period.

Rising prices of beef have led to increased consumption of poultry products in the recent years. Thus, the market for poultry feed is anticipated to exhibit growth in the upcoming years with the growth of the poultry feed market. According to a report presented by Market Research Future (MRFR), the global poultry feed market is expected to scale a steady CAGR during the projection period 2016 to 2027.

The rising burden of diseases such as bird flu is affecting the quality of the products. It is expected to boost the sales of feed in the nearby future. In addition, consumers are getting increasingly aware of the health hazards that follows the consumption of poultry meat affected by diseases. In order to maintain goodwill and quality, poultry industry leaders are projected to invest in good quality feed that prevents diseases and lessens mortality rate.

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Competitive Dashboard:

The important players playing a significant role in the growth of the poultry feed market are-

  • Evonik Industries
  • Alltech
  • Archer Daniels Midland Company
  • Kemin Industries
  • Cargill
  • Novozymes
  • Chr. Hansen

Industry News:

In May 2019, Cargill, an American privately held global corporation, has announced its investment in a cultured meat company, Aleph Farms, which is focused on growing complex meat varieties.

In May 2019, The Illinois Farm Bureau, a nonprofit U.S. organization, has made a financial commitment to the new Feed Technology Center which will be built in the University of Illinois College of Agricultural, Consumer & Environmental Sciences (ACES)’s south campus.

In April 2019, JBS, Brazil’s largest meat processor, has announced its plan of introducing chicken products, including thighs, leg quarters, etc., in India through its subsidiary Seara.

In December 2018, Accra, an agriculture-based company, has announced the launch of ‘Chicken Protector,’ a new poultry feed with essential nutrition for broiler chicken to reduce mortality, boost the immune system, treat diseases, and improve meat quality.

Poultry Feed Market- Regional Analysis:

The Global Poultry Feed Market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is the largest market for poultry feed. The increasing disposable income of the region is anticipated to have a favorable impact on the expansion of the poultry feed market in the forthcoming years. Also, the stricter government norms regulating the health of the poultry animals are anticipated to motivate the investments in the regional poultry feed market. Europe and Asia Pacific are important growth pockets. Europe is projected to exhibit similar growth trends at that of North America’s. However, Asia Pacific is expected to attract larger consumer base and beef up its exports through the forecast period.

Market Segmentation:

The Global Poultry Feed Market is segmented in MRFR’s report on the basis of source, form, type, and region.

Based on Type

  • Layers
  • Broilers
  • dual-purpose

Based on Source

  • Coarse grains
  • Vegetable proteins
  • Animal proteins
  • Micro-ingredients
  • Others

Based on Form

  • Scratch grain
  • Pellets
  • Mash
  • Crumbles
  • Others

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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