Global Poultry Feed Market Overview:
Poultry feed is the food or nutrition for poultry animals like broiler, layer, breeder, and others, the feed includes cereals such as maize, barley, oats, wheat, etc. It provides essential nutrition for normal growth and development especially enzyme activation, and bone formation. The poultry feed is available mainly in complete feed, concentrated, premix types. This feed range provides vitamins, minerals, and adequate nutrition, it is easily available in online and offline distribution channels. With the increasing demand for animal protein like eggs and meat, the market is expected to grow in the coming years. Some of the players profiled in the study are Cargill (United States), New Hope Group (China), East Hope Group (China), Alltech (United States), BRF S.A. (Brazil), Tyson Foods, Inc. (United States), Nutreco N.V. (Netherlands), HAID Group Co., Ltd. (China), Purina Mills, LLC (United States), Kemin Industries (United States), ForFarmers B.V. (Netherlands), Tongwei Group Co., Ltd. (China), Evonik Industries AG (Germany), Guangdong Evergreen Feed Industry co,ltd (China) and IB Group (India).
On the basis of geography, the market of Poultry Feed has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Poultry Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Feed Form, the sub-segment i.e. Mash will boost the Poultry Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Need for the Essential Nutrition to Poultry Animals
- Growing Demand for the Animal Protein Like Eggs and Meat
- Availability of Poultry Feed in Concentrated and Premix Types
- Allergy-Related Risk Associated with Poultry Feed to Some Poultry Animals
- Surging Number of Poultry Farms in Developing Nations Engaged in Poultry Activities will Boost the Poultry Feed Market
- Presence of Numerous Players in the Poultry Feed Market
Key Market Developments:
On 2nd February 2021, ForFarmers has closed the acquisition of De Hoop Mengvoeders (De Hoop), which had already been announced on 19 October last year. The required permits have been granted by the Dutch and German competition authorities and other conditions precedent has also been met. The combination of ForFarmers and De Hoop creates a poultry feed organization with a leading position on the broiler market in the Netherlands, Belgium, and Germany.
On 11th February 2021, Specialist ingredient manufacturer Kemin Industries has recently launched KemTRACE Chromium-OR – an organic-compliant chromium propionate feed ingredient for use in swine, cattle, and broiler diets. KemTRACE Chromium-OR is a highly bioavailable, organic-compliant source of chromium propionate that helps improve glucose utilization and reduce the negative impacts of stress for increased cellular energy and function. This results in improved maintenance, reproduction, growth, and immunity for swine, cattle, and broilers.
"According to Orissa Cattle and Poultry Feed (Regulation) Every licensee and every other person acting on behalf of the licensee, for the time being, shall, in regard to the packing, marking and labeling of the containers of pre-mixed cattle feed or pre-mixed poultry feed, comply with the following requirements, namely, Every container in which any such feed is packed shall bear the number of the license and such labels or marks as may, from time to time, be approved by the licensing authority for different categories of feed; each container in which such feed is packed shall specify a code number indicating the lot and the date of manufacture of the feed; enter upon and inspect any premises where any cattle feed or poultry feed is manufactured or processed or is stocked or exhibited for sale, at any time during business hours with a view to satisfying itself or himself that provisions of this Act are being complied with."
Poultry Feed Manufacturers, Poultry Feed International Traders, Poultry Feed Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Poultry Feed market on the basis of product [Complete Feed, Concentrate and Premix] , application [Broiler, Layer, Breeder and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Poultry Feed market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Poultry Feed industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Poultry Feed market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.