Compound Feed Market, By Ingredient Type (Cereals, Cakes and Meals, By-products, and By Supplements), By Animal Type (Ruminants, Poultry, Swine, Aquaculture, and Other Animal Types), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East and Africa)

Published In : Sep 2023

Code : CMI5179

Pages :159

Formats :

Excel and PDF

Industry : Food and Beverages

Market News

Global Compound Feed Market: Key Developments

In January 2022, ADM Animal Nutrition inaugurated the Aquaculture Innovation Laboratory, a subsidiary of ADM Animal Nutrition Technology Center, at its Decatur, Illinois U.S. Facility. This laboratory expanded ADM's international research and development efforts into a new region, complementing its existing research facilities in Brazil, Mexico, and Vietnam. This new facility further expands ADM's global reach for the development of novel nutrition solutions.

In October 2021, The BASF-Cargill partnership in animal nutrition has been broadened by the addition of research and development capacities and emerging markets to the existing feed enzyme distribution agreements. The partners intend to collaborate to develop, manufacture, market, and distribute customer-oriented enzyme solutions and products. The aim is to entice farmers to adopt innovations that eliminate nutrient wastage, enhance feed performance, and foster animal health and development.

In May 2021, Alltech has recently launched a range of LifeeforceTM, premier equine supplements. Established on the basis of over four decades of scientific investigation and formulated, using field-tested techniques, these supplements are designed to meet the nutritional requirements of modern horses across their entire life cycle, from peak performance to leisure.

In February 2023, Archer Daniels Midland (ADM) announced that it would be acquiring a feed mill in Brazil. The mill is expected to be operational by 2023 and will produce feed for poultry and swine.