Global Compound Feeds and Additives Market are expected to undergo growth with a steady CAGR in the forecast period of 2019-2026.This rise in market value can be attributed to the increase in consumption of meat and the rising demand for milk and eggs.
Compound feed is a mixture of various raw materials and food additives that are blended and mixed to meet the specific requirements of animals. The ingredients commonly combined include poultry meal, meat and bone meal, grains, brans, soybean meal, corn, rice, etc. in a proper proportion to get the required nutrition content.
Feed additive is a supplement that is prepared for farm animals, in order to provide them with sufficient nutrient content. They improve the quality of feed and the quality of food from animal origin, and improve the nutrition content that is to be derived.
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Major Key players profiled in this report are:
Hi-Pro Feeds LP, Kent Corporation, Alltech., Prestage Farms., Mercer Milling Company, Inc., Kalmbach Media Co., Tyson Foods, Inc., Alan Ritchey, Inc., LMF FEEDS, INCORPORATED, Star Milling, White Oak Mills, The Wenger Group, Orangeburg Milling Company, Cargill, Incorporated., Purina Animal Nutrition LLC. and others.
This report puts light on many aspects related to industry and market. Market definition, market segmentation, competitive analysis and research methodology are the major topics covered in this report. Data collection modules with large sample sizes are used to collect data and perform base year analysis. It gives information about company profile, product specifications, capacity, production value, and market shares for each company under the competitive analysis study. The market report is generated with the systematic gathering and analysis of information about individuals or organisations which is conducted through social and opinion research.
Major Market Drivers:
- Growing consumption of meat and the increased demand for eggs and milk, including their by-products
- The need for reducing the chronic diseases that outbreak from the consumption of unstandardized and low quality products
- Rising demand for safe and good quality meat which is achieved by fortifying animals with nutrition, which in turn leads to the increased demand for animal and compound feed
- Increasing consumer awareness regarding the benefits offered by compound feed and additives acts as a driver for the growth of this market
- Pellets Feed & Additives
- Powder Feed & Additives
- Liquid Feed & Additives
By Compound Feed
- Cattle Feed
- Poultry Feed
- Broiler Feed
- Layer Feed
- Swine Feed
- Aqua Feed
- Fish Meal
- Fish Oil
By Feed Additive Types
- Amino Acids
- North America
- South America
- Rest of South America
- United Kingdom
- South Korea
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
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