The global compound feed market is valued at around USD 469.29 billion in 2019 and is expected to grow with a healthy growth rate of over 4.4% over the forecast period 2020-2027. Compound feed is intended for livestock, it is a mixture of raw materials and supplements from vegetable, animal, organic or inorganic substances, or from industrial processing, with or without additives. The raw materials used in the manufacturing process are soybeans, corn, barley, wheat and sorghum, etc., vitamins, minerals and amino acids are the most common additives mixed together to form compound feeds . There is a significant increase in the demand for meat and aquaculture products as well as a growing awareness of the quality of meat and dairy products. For example: according to the Food and Agriculture Organization of the United Nations, global meat exports increased to 36 Mt in 2019, an increase of 4% compared to 2018. Global meat imports from the China increased by 62% in 2019.
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Additionally, increasing investments in research and development related to livestock, increasing applications of dairy products, growing inclination towards animal-based foods have led to the adoption of compound feeds throughout the forecast period. Compound feed preserves animal health and thus improves the quality of end products. For example: according to the Brazilian Association of Beef Exporters (ABIEC), the country’s beef exports increased by 26% in 2018 due to the use of compound feed. However, lack of infrastructure in less developed countries, rise in infectious diseases of animal origin, trend towards vegan diet awareness and stringent regulations related to medicated feed additives are hampering the growth of the market during the forecast period 2020-2027. Additionally, with the growing awareness related to animal health and the increasing prevalence of animal medical conditions of various types, the adoption and demand for compound feeds is likely to increase.
Leading companies reviewed in the Compound Feed Market report are:
New Hope Group
Guangdong Haid Group
Feed One Co.
Market segmentation :
Market has been isolated by use of type, software application and region; the survey gives a sensitive picture of the compound feed market. The market was researched for the possibility of timing reviews, eventually regions were dissected on modern and destiny examples. The irrefutable hobby and intended for North America, Europe, Asia-Pacific, Latin America, Central East and Africa is remembered for the territorial branch.
Compound Feed Market Segmentation:
By farming method:
Cakes and Meals
Regional analysis covered in this report:
- North America [United States, Canada]
- Europe [Germany, France, U.K., Italy, Russia]
- Asia Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
- Latin America [Mexico, Brazil, Argentina]
- Middle East and Africa [Turkey, Saudi Arabia, UAE]
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The Compound Feed Market assessments consist of an examination of the percentage of the affiliate market to offer and a massive picture of the key players in the company over the forecast period 2021-2027. The reviews also cover crucial market improvements such as critical market upgrades such as acquisitions and consolidations, innovation shipments, preparations, institutions, coordinated efforts and joint efforts, works of modern art and the geographic development of huge market players on an international and local basis. The compound food market document additionally amalgamates an interesting example and deranged portfolio evaluation of many establishments using the neighborhood.
Key Highlights of the Compound Feeds Market Report
- Consequences and critical considerations have been represented for preferred large enterprise designs, allowing partners throughout the load chain to install compelling extended transportation plans.
- Create/modify business development plans that take advantage of large development openings in created and new regions as much as possible.
- Look at them through massive market examples and an all spherical mindset, following the usage and prescribing factors by the compound feed market.
- In addition, promote the first-rate cycle the use of facts the company strategies that help customer matters, branch, evaluation and movement.
- Opinions also covered evaluating the intricacies of market styles and customer conversion behavior, which is helpful for the affiliate to execute new structures for improvement mindset.
Table of Contents – Main Key Points
Executive Summary, Market Overview, Key Trends, Estimation Methodology, Research Hypothesis
Global Market Definition and Scope, Currency Conversion Rates
Global Competitor Landscape by Players
Global Market Dynamics, Drivers, Challenges, Opportunities
Global Market Industry Analysis, Porter’s 5 Forces Model, PEST Analysis, Investment Adoption Model
Global Market Analysis, By Type, By Application, By Region
Competitive intelligence, key market strategies, company profiles
Research process, attributes and hypothesis
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