Worldwide Poultry Feed Industry Size: Insights, Growth Trends and Forecast
Report ID : 1428487 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Poultry Feed Industry is categorized based on Type (Broiler Feed, Layer Feed, Breeder Feed, Turkey Feed, Other Poultry Feed) and Form (Pellets, Mash, Crumbles, Liquid, Others) and Additives (Vitamins, Amino Acids, Antibiotics, Enzymes, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the size of the Poultry Feed Industry was valued at $400 billion and is anticipated to reach $600 billion by 2033, expanding at a 4.2% CAGR between 2024 and 2033. The report encompasses multiple segments and provides an analysis of significant trends and factors impacting the market.
The demand for poultry products has significantly increased across the world and as a result, the poultry feed industry has become one of the crucial sectors in the agriculture industry. The growing need for protein rich diet among consumers makes it important to have a good quality feed. The feed industry comprises of various products such as grains, protein meals, vitamins, and minerals which are specially formulated to optimize nutrition for different types of poultry .There are several key players within the industry that are striving to keep up with new trends in order to continue developing new feed formulations and technologies which would enhance feed efficiency and growth rates of poultry livestock.
Moreover, other drivers such as rising awareness about eco friendly practices, rising livestock production and policies being introduced within the industry are also aiding the growth of the poultry feed market. Due to the price fluctuations of raw materials and environmental issues, it is becoming essential to implement ecofriendly sourcing methods and alternative feed components into the poultry industry. Embracing these changes would not only help in making poultry farming more economically feasible but would also help in mitigating its negative impact on the environment. Hence, there is a lot of potential for the poultry feed market to expand along with technological advancements, thus enabling various stakeholders to benefit from this rapid growth.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Cargill, Incorporated, Archer Daniels Midland Company, Alltech Inc., BASF SE, Elanco Animal Health Incorporated, Nutreco N.V., Purina Animal Nutrition, De Heus Animal Nutrition, ForFarmers N.V., Charoen Pokphand Foods PCL, Land O'Lakes Inc. |
| SEGMENTS COVERED |
By Type - Broiler Feed, Layer Feed, Breeder Feed, Turkey Feed, Other Poultry Feed
By Form - Pellets, Mash, Crumbles, Liquid, Others
By Additives - Vitamins, Amino Acids, Antibiotics, Enzymes, Others
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Poultry Feed Industry Dynamics
The Poultry Feed Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Poultry Feed Industry Segmentations
Market Breakup by Type
- Overview
- Broiler Feed
- Layer Feed
- Breeder Feed
- Turkey Feed
- Other Poultry Feed
Market Breakup by Form
- Overview
- Pellets
- Mash
- Crumbles
- Liquid
- Others
Market Breakup by Additives
- Overview
- Vitamins
- Amino Acids
- Antibiotics
- Enzymes
- Others
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Poultry Feed Industry
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Cargill
- Incorporated
- Archer Daniels Midland Company
- Alltech Inc.
- BASF SE
- Elanco Animal Health Incorporated
- Nutreco N.V.
- Purina Animal Nutrition
- De Heus Animal Nutrition
- ForFarmers N.V.
- Charoen Pokphand Foods PCL
- Land O'Lakes Inc.
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● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
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