Strategic Growth Drivers Shaping the Compound Feed Market Outlook 2025- 2034:Surge In Meat And Aquaculture Demand Fuels Compound Feed Market Expansion
Discover trends, market shifts, and competitive outlooks for the compound feed industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
#How Has The Compound Feed Market Growth Evolved From 2024 To 2025, And What’s Ahead?
The scale of the compound feed market has been consistently increasing over time. There is a predicted growth from $479.84 billion in 2024 to $499 billion in 2025, marking a compound annual growth rate (CAGR) of 4.0%. Several factors contributed to this growth in the historic period, including livestock production expansion, a rise in meat consumption, growth of the poultry industry, development of aquaculture, improved feed conversion efficiency, and governmental support.
In the coming years, the size of the compound feed market is predicted to experience consistent growth, reaching $561.83 billion by 2029 with a compound annual growth rate (CAGR) of 3.0%. This growth during the forecast period is largely due to factors such as increasing population, urbanization, shifts in consumer preferences, environmental regulations, and animal welfare standards. Key trends forecasted for this period encompass precision feeding technologies, tailor-made feed solutions for livestock, feeds that are free from antibiotics and hormones, digital transformation in supply chain management, and collaborative efforts in research and innovation.
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Which Factors and External Forces Are Driving Demand in the Compound Feed Market?
The compound feed market is anticipated to experience growth due to rising demand for meat and aquaculture products. Meat products, which include flesh from animals like cattle, buffalo, goats, sheep, pigs, and fowl, are prepared for human consumption. On the other hand, aquaculture is a commercial, recreational, and scientific activity that involves the breeding and management of aquatic plants, animals, and other species. To maintain the health of farmed fish, compound feed, which consists of all necessary nutrients, is used, thereby boosting the demand for meat and aquaculture products. As per Carlisle Technology, a Canadian firm providing hardware and software solutions to the meat industry, the per capita chicken consumption in the U.S. was 98.90 pounds in 2022, with a projection to increase to 107.50 pounds by 2033. Additionally, a report published by the Food and Agriculture Organization, an Italy-based United Nations agency, in March 2022 stated that the aquaculture sector is expected to spearhead the growth of global fisheries and aquaculture production, exceeding 100 million metric tons for the first time in 2027 and reaching 106 million metric tons by 2030. Thus, the rising demand for meat and aquaculture products is a key factor propelling the growth of the compound feed market.
Which Segments in the Compound Feed Offer the Most Growth?
The compound feed market covered in this report is segmented –
1) By Ingredient: Cereals, Cakes and Meals, Byproducts, Supplements
2) By Form: Solid, Liquid
3) By Source: Plant Based, Animal Based
4) By Animal Type: Cattle, Swine, Poultry, Aquaculture, Other Animals
Subsegments:
1) By Cereals: Corn, Wheat, Barley, Sorghum
2) By Cakes And Meals: Soybean Meal, Canola Meal, Sunflower Cake, Peanut Cake
3) By Byproducts: Distillers Grains, Brewer’s Grains, Rice Bran, Molasses
4) By Supplements: Vitamins, Minerals, Amino Acids, Probiotics And Prebiotics
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What Are the Fastest-Growing Geographies in the #Which Factors and External Forces Are Driving Demand in the Compound Feed Market?# Market?
Asia-Pacific was the largest region in the compound feed market in 2024. South America is expected to be the fastest-growing region in the forecast period. The regions covered in the compound feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which Cutting-Edge Market Trends Are Expected to Drive theCompound Feed Market’s Growth?
The emergence of product innovation is a prominent trend observed in the compound feed market. Most leading firms in this market are focusing on the creation of innovative products with distinctive attributes to bolster their market position. For example, Anitox Corporation, a chemical company based in the US, unveiled a feed additive called “Fortrol” in May 2022. This innovation is designed to combat Salmonella in both feed ingredients and completed feeds. Additionally, it serves as a flush treatment to limit pathogen proliferation in the facilities where feed ingredients are processed and in feed mills. Depending on the level of risk, it shows effectiveness when included at variable rates between 2 and 8 kg/MT.
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What Are the Key Elements That Define the Compound Feed Market?
Compound feed is used for oral animal feeding and animal nutrition. Compound feed refers to a complete or complementary feed made up of at least two feed components and feed additives. It is a mixture of basic materials and supplements fed to livestock, derived from plants, animals, organic or inorganic substances, or industrial processing.
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