- Swine
- Poultry
- Ovine
- Bovine
- Equine
- Canine
- Aquaculture
Compound Feed Market size was valued at USD 512.16 billion in 2023, growing at a CAGR of 6.2% from 2024 to 2030. The global market provides a detailed overview and that can be segmented by animal type and by product type. By animal type, the market has been segmented into Swine, Poultry, Ovine, Bovine, Equine, Canine, and Aquaculture. The swine segment is likely to be the largest and fastest-growing segment in terms of animal type in 2021 and is expected to maintain the growth in the upcoming years according to precession business insights. Compound Feed is a blend of different feed ingredients to a reasonable extent. Regularly utilized fixings in compound dairy cattle feed incorporate grains, wheat, protein dinners/cakes, chutneys, agro-industrial by-products, minerals and vitamins. Development and improvements of new technologies in formulations of finished products based on the feed type and changes in regulatory scenario are boosting the growth of the industry. Many companies are targeting the Asia-Pacific region for expansion of the market, by investing in the new production units or acquisition of small players in the region who were established. R&D investments, the introduction of new products, are the different strategies adopted by the manufacturers to be in the competition in the Compound Feed Market.
Compound Feed Market Key Development:
- In Sept 2022, BASF and Evonik partnered to reduce the environmental footprint of the feed and animal protein industries.
- In Sept 2022, Elanco Animal Health launched a new nutrient-sparing enzyme, Hemicell XT, for pig and poultry producers.
Global Compound Feed Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.2%
Largest Market
North America
Fastest Growing Market
Asia-Pacific
Compound Feed Market Dynamics
Increase in adoption of pets, rise in care and concern of the animals health is the major factor for the rise in demand for healthy and safe feeds for the animals, which in turns drive the global compound feed market over the forecast years. Shifting towards the protein lean animal diet, rise in the consumption of the meat, poultry and dairy products around the world is anticipated to fuel the growth of the compound feed . On the other side, rise in the cost of the feeds and the supplements used to combine with them and lack of awareness in some regions of the world about the animal health are hindering the growth of the Global compound feed market.
North-America Got Significant Share
Compound Feed Market Regional Analysis
Geographically Compound Feed is segmented as Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe. North America. Due to the over pooling of the population Asia Pacific region and rapid economic growth led to the rise in demand for the meat which has triggered the significant growth rate of the Compound Feed market. Brazil is showing significant gains during the foreseeable period owing to rise in capacity of spending and rise in standards of living of the people which boosts the increased demand for the meat , poultry and their products which in turn triggering the market growth of Compound Feed .
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Global Compound Feed Market Segmentation
By Type of Animal
By Product
- Cereals
- Cakes and Meals
- By- Products
- Supplements
By Geography
- North America
- Asia Pacific
- Latin America
- Europe
Frequently Asked Questions
The compound feed market size was valued at USD 512.16 million in 2023
The compound feed market key players are: Adisseo France S.A.S (France) Archer Daniels Midland Co. (US) Bactolac Pharmaceutical, Inc. (US) BASF SE (Germany) DSM Nutritional Products Ltd. (Switzerland) Pfizer, Inc. (US))
The compound feed market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Compound Feed Market Introduction |
| 2.1.Global Compound Feed Market - Taxonomy |
| 2.2.Global Compound Feed Market - Definitions |
| 2.2.1. Type of Animal |
| 2.2.2.Product |
| 2.2.3. Geography |
| 2.2.4.Region |
| 3. Global Compound Feed Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Compound Feed Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Compound Feed Market By Type of Animal, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Swine |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Poultry |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Ovine |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Bovine |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Equine |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Canine |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Aquaculture |
| 5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6. Global Compound Feed Market By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Cereals |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Cakes and Meals |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. By- Products |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Supplements |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Compound Feed Market By Geography, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Asia Pacific |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Latin America |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Europe |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Global Compound Feed Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Compound Feed Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type of Animal Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Swine |
| 9.1.2.Poultry |
| 9.1.3.Ovine |
| 9.1.4.Bovine |
| 9.1.5.Equine |
| 9.1.6.Canine |
| 9.1.7.Aquaculture |
| 9.2. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Cereals |
| 9.2.2.Cakes and Meals |
| 9.2.3.By- Products |
| 9.2.4.Supplements |
| 9.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.North America |
| 9.3.2.Asia Pacific |
| 9.3.3.Latin America |
| 9.3.4.Europe |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Compound Feed Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type of Animal Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Swine |
| 10.1.2.Poultry |
| 10.1.3.Ovine |
| 10.1.4.Bovine |
| 10.1.5.Equine |
| 10.1.6.Canine |
| 10.1.7.Aquaculture |
| 10.2. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Cereals |
| 10.2.2.Cakes and Meals |
| 10.2.3.By- Products |
| 10.2.4.Supplements |
| 10.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.North America |
| 10.3.2.Asia Pacific |
| 10.3.3.Latin America |
| 10.3.4.Europe |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Compound Feed Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type of Animal Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Swine |
| 11.1.2.Poultry |
| 11.1.3.Ovine |
| 11.1.4.Bovine |
| 11.1.5.Equine |
| 11.1.6.Canine |
| 11.1.7.Aquaculture |
| 11.2. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Cereals |
| 11.2.2.Cakes and Meals |
| 11.2.3.By- Products |
| 11.2.4.Supplements |
| 11.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.North America |
| 11.3.2.Asia Pacific |
| 11.3.3.Latin America |
| 11.3.4.Europe |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Compound Feed Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type of Animal Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Swine |
| 12.1.2.Poultry |
| 12.1.3.Ovine |
| 12.1.4.Bovine |
| 12.1.5.Equine |
| 12.1.6.Canine |
| 12.1.7.Aquaculture |
| 12.2. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Cereals |
| 12.2.2.Cakes and Meals |
| 12.2.3.By- Products |
| 12.2.4.Supplements |
| 12.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.North America |
| 12.3.2.Asia Pacific |
| 12.3.3.Latin America |
| 12.3.4.Europe |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Compound Feed Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Type of Animal Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Swine |
| 13.1.2.Poultry |
| 13.1.3.Ovine |
| 13.1.4.Bovine |
| 13.1.5.Equine |
| 13.1.6.Canine |
| 13.1.7.Aquaculture |
| 13.2. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Cereals |
| 13.2.2.Cakes and Meals |
| 13.2.3.By- Products |
| 13.2.4.Supplements |
| 13.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.North America |
| 13.3.2.Asia Pacific |
| 13.3.3.Latin America |
| 13.3.4.Europe |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Adisseo France S.A.S (France) |
| 14.2.2.Archer Daniels Midland Co. (US) |
| 14.2.3.Bactolac Pharmaceutical, Inc. (US) |
| 14.2.4.BASF SE (Germany) |
| 14.2.5.DSM Nutritional Products Ltd. (Switzerland) |
| 14.2.6.Pfizer, Inc. (US)) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Adisseo France S.A.S (France)
- Archer Daniels Midland Co. (US)
- Bactolac Pharmaceutical, Inc. (US)
- BASF SE (Germany)
- DSM Nutritional Products Ltd. (Switzerland)
- Pfizer, Inc. (US))