Market Insights

Poultry is a common and highly popular source of lean protein, as such the demand for poultry has increased considerably, and with it the demand for poultry feed. Market Research Future's study on the global poultry feed market has revealed expected growth over a forecast period of 2022 to 2030. The report includes an impact assessment of various factors affecting the market and also reveals a number of important figures relevant to the global poultry feed market for the assessment period.

Poultry Feed Market Research report arrive at a market worth of USD 218 billion before the finish of 2030.

The rapid growth in global population appears to be unceasing, and this, combined with urbanization, and an increase in disposable income has placed a high demand for poultry. Increased poultry farming activities to meet the soaring demand for lean protein has significantly contributed to the growth of the global poultry feed market. Moreover, growing health consciousness, and the recognized health benefits of lean protein due to a high obesity rate and other chronic diseases, is expected to promote demand for poultry. Emerging economies have rising disposable income due to rapid urbanization, thus driving the demand for poultry. Moreover, these countries are increasingly becoming aware of the nutritional benefits of lean protein, and are adopting poultry into their diets, this increasing demand for poultry feed indirectly.

Trends in the market are changing; however, due to the increasing vegan population, market growth is restricted. Moreover, with increasing awareness regarding animal husbandry activities, consumers are wary of purchasing poultry from large production farms as they are often pumped with growth hormones and other ingredients that may present long-term ill-effects from consumption. This has, in turn, encouraged market players to research and develop affordable natural poultry feed options and shift toward more ethical poultry raising activities in an effort to retain and increase consumer base, thus presenting market opportunity.

Market Segmentation

The global poultry feed market is segmented in MRFR's report on the basis of source, form, type, and region. Sources of poultry feed have been segmented into vegetable proteins, animal proteins, coarse grains, micro-ingredients, and others.

Forms of poultry feed have been segmented into pellets, crumbles, mash, scratch grain, and others.

Types of poultry feed are segmented on the basis of the types of poultry which include layers, broilers, and dual purpose.

Key Players

Kay poultry feed Market Players are : Charoen Pokphand Foods PCL (Thailand), Cargill Inc. (U.S.), Alltech Inc. (U.S.), Archer Daniels Midland (U.S.), De Heus B.V. (Netherlands), Land O' Lakes Inc. (U.S.), ForFarmers N.V. (Netherlands), Nutreco N.V. (Netherlands), NEOVIA Group (France), BASF SE (Germany)

Regional Analysis

North America was observed to represent the largest share of the global poultry market due to the high consumption of poultry by a large meat-eating population. Chicken and other poultry such as turkey are widely consumed in various forms such as processed and fresh meats. The region has a concentration of leading market players which have contributed to the regions significant market position. Europe and Asia Pacific are other key markets in the global poultry feed market. Asia Pacific is a rapidly growing market due to the rising disposable income in rapidly urbanizing and emerging markets such as India and China. India for instance, is a large consumer of chicken in terms of meat among other types of meat, thus driving the demand of poultry which in turn increased the demand for poultry feed.

Latest Industry News

• Georgia Tech's startup accelerator program has supported the growth of Grubbly Farms, which is a startup for chicken feed created from pre-consumer food waste for the production of sustainable poultry feed via the use of insects.

Adisseo has partnered with the Agricultural department of the University of Arkansas for the research regarding animal nutrition in the

Browse related reports:

Feed Phytobiotics Market Research Report Information by Source (Herbs & Spices, Botanicals, Essential Oils, and Oleoresins), Livestock (Ruminants, Poultry, Swine, and Others), Function (Performance and Palatability), and Region (North America, Europe, Asia-Pacific, and Rest of the World)Forecast till 2030

Fungicides Market Research Report Information By Type (Chemical Fungicides And Bio Fungicides), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables And Others), By Mode Of Application (Seeds Treatment, Soil Treatment, Foliar And Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2030

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

PH no.: +1 646 845 9312

Email: [email protected]