The global demand for Poultry Feed Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2021 and foreseen to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Poultry feed is food for poultry such as ducks, chickens, geese, and other domestic birds. Healthy poultry feed consists of enough amount of proteins, carbohydrates, minerals, vitamins, and other nutrients. The feed must be clean and should not be contaminated. The contaminated feed may cause infections to the poultry. The types of poultry feed include broiler, layer, turkey, and others. Meat and eggs, which are poultry products, are rich sources of proteins. Proteins play a vital role in building bones, muscles, and skin cartilage. Proteins are immune boosters. Owing to the health benefits of proteins, the demand for protein-rich diet is rising all over the world.
Market Dynamics
Eggs and chicken meat both are rich in protein content and economical. The increasing demand for poultry feed is attributed to the growing demand for eggs and chicken meat. Furthermore, factors such as increasing awareness about protein-rich diet, growing demand for animal protein, and rising poultry meat and egg industry are fuelling the global market. During the COVID-19 pandemic, the global poultry feed market is supposed to prosper owing to increasing preference to boost immunity by adding egg and meat in a regular diet. However, supply chain disruptions may cause some restraints to the market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of poultry feed.
Market Segmentation
The entire poultry feed market has been sub-categorized into livestock and additives. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Livestock
- Layers
- Broilers
- Turkey
- Others
By Additives
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acid
- Feed Enzymes
- Feed Acidifiers
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for poultry feed market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Poultry Feed Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the poultry feed market include DSM, Alltech, Novus International Inc., Evonik Industries, Kent Nutrition Group, Inc., EWOS Group, Weston Milling Animal Nutrition, De Heus Voeders B.V., Sodrugestvo Group, Nutreco N.V. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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