The global poultry feed market size reached US$ 210.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 289.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Poultry Feed Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
2024-2032," the global poultry feed market size reached US$ 210.4 Billion in
2023.
Poultry feed refers to food grown and produced for the consumption of
chickens, ducks, geese, and other domestic birds. It is rich in proteins,
carbohydrates, fibers, antioxidants, enzymes, minerals, and antibiotics. It is
produced from grains like wheat, barley, and sorghum, and protein sources,
such as soybean, canola, and animal protein.
Poultry feed is manufactured by carefully selecting and mixing ingredients to
offer a highly nutritional diet that protects the health of poultry animals while
also improving the quality of end products such as meat and eggs. It also plays
a crucial role in the health of poultry animals by accelerating growth and
weight, providing enriched nutrients, and developing immunity.
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4. Report Description
Global Poultry Feed Market Trends:
The increasing demand for poultry meat products across the globe is creating a positive outlook for the market.
This can be further attributed to the changing dietary habits, growing demand for economic sources of protein,
and the rising awareness amongst health consciousness consumers about the benefits of consuming poultry meat,
such as a stronger immune system, heathier hair and skin, enhanced reproductive health, and better cognitive
function. Additionally, the increasing demand for quality poultry products has prompted farmers to include and
select fine ingredients in poultry feed, which, in turn, is acting as another growth-inducing factor.
Apart from this, the introduction of automatic feeders and drinkers that assist in improving feeding, reducing
waste, and keeping pests away is providing an impetus to the market growth. Other factors, including the
implementation of various government policies promoting quality animal feed, the growing instances of poultry
diseases, and extensive research and development (R&D) activities, are anticipated to drive the market toward
growth.
Looking forward, the market is expected to reach US$ 289.0 Billion by 2032, exhibiting a CAGR of 3.5%
during 2024-2032.
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6. Report
Segmentation
• Others
Breakup by Animal Type:
• Layers
• Broilers
• Turkey
• Others
Breakup by Distribution Channel:
• Offline
• Online
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. Competitive
Landscape with
Key Players
• AFGRI Animal Feeds
• Alltech
• Archer-Daniels-Midland Company
• BASF SE
• Cargill Inc.
• Charoen Pokphand Foods Public Company Limited
• Chr. Hansen Holdings A/S
• De Heus Animal Nutrition
• ForFarmers N.V.
• Kent Nutrition Group (Kent Corporation)
• Koninklijke DSM N.V.
• Novus International Inc. (Mitsui & Co. (U.S.A.)
Inc.).
8. Key Questions
Answered in
the Report
How big is the global poultry feed market?
What is the expected growth rate of the global poultry feed
market during 2024-2032?
What are the key factors driving the global poultry feed
market?
What has been the impact of COVID-19 on the global poultry
feed market?
What is the breakup of the global poultry feed market based
on the nature?
What is the breakup of the global poultry feed market based
on the form?
What is the breakup of the global poultry feed market based
on the additives?
9. Key Questions
Answered in
the Report
What is the breakup of the global poultry feed market based
on the animal type?
What is the breakup of the global poultry feed market based
on the distribution channel?
What are the key regions in the global poultry feed market?
Who are the key players/companies in the global poultry feed
market?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Poultry Feed Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Nature
6.1 Conventional
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Organic
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Form
7.1 Mashed
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
11. Table of
Contents
7.2 Pellets
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Crumbles
7.3.1 Market Trends
7.3.2 Mark et Forecast
7.4 Others
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
8 Market Breakup by Additives
8.1 Antibiotics
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Vitamins
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Antioxidants
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Amino Acid
8.4.1 Mark et Trends
8.4.2 Mark et Forecast
8.5 Feed Enzymes
8.5.1 Mark et Trends
8.5.2 Mark et Forecast
8.6 Feed Acidif iers
8.6.1 Mark et Trends
8.6.2 Mark et Forecast
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