The term "compound feed" describes a variety of ingredients used in a mix to provide balanced nutrition to livestock. These materials may come from inorganic sources, plant sources, or industrial processing. Common raw materials used for this type of feed include soybean, corn, wheat, barley, and sorghum. Many additives such as vitamins, minerals, and amino acids are also blended in. These ingredients are essential for the proper functioning of livestock.

Market Dynamics:

Growing demand for the higher value and quality foods, such as eggs, meat, and milk is primarily fueling growth of the global compound feed market. According to a survey conducted by OECD-FAO, meat production increased from 317.17 million metric tons in 2016 to 327 million metric tons in 2018.  Increasing consumption of fish and its products across the world is again fostering market growth. Moreover, the industrialization of livestock sector is further projected to propel market growth.

On the contrary, the growing demand for organically sourced meat, eggs, and dairy products is expected to act as restraining factor for the global compound feed market.

Key features of the study:

• This report provides in-depth analysis of the global compound feed market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global compound feed market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Charoen Pokphand Foods PCL, Cargill Inc., Land O’ Lakes Inc. (Purina Mills), Alltech Inc., Archer Daniels Midland Company, ForFarmers, United Animal Health (DeKalb Feeds), Kent Feeds, Weston Milling Animal Nutrition, and Nutreco NV
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global compound feed market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global compound feed market

Detailed Segmentation:

• Global Compound Feed Market, By Ingredient Type:
• • Cereals
  • Cakes and Meals
  • By-products
  • Supplements
• Global Compound Feed Market, By Animal Type:
• • Ruminants
  • Poultry
  • Swine
  • Aquaculture
  • Other Animal Types
• Global Compound Feed Market, By Geography:
• • North America
  • Europe
  • Asia-Pacific
  • South America
  • Africa