Poultry Feed Market Size, Share, Price, Trends, Growth and Business Opportunities by 2027

According to IMARC Group’s latest report, titled “Poultry Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global poultry feed market size reached a value of US$ 192.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 248.4 Billion by 2027, exhibiting a (CAGR) of 4.20% during 2022-2027.

Poultry feed represents specialized food products for poultry, which include ducks, chickens, geese, and other domestic birds. They are conventional and organic variants and are mostly composed of various grains and protein meals, such as barley, wheat, sorghum, soybean, canola, animal protein, etc. Poultry feed items provide poultry with the energy required for the development of feathers, bone, flesh, and eggs. They even support intestinal immunity and improve the lipid metabolism of the birds. As a result, poultry feed formulations are in extensive demand across the globe.

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Poultry Feed Market Trends:

The growing poultry meat consumption across the globe that enhance the overall quality of the human diet and prove extremely suitable for individuals with an increased need for proteins and calories is among the key factors driving the poultry feed market. Additionally, the inflating demand for chicken meat, on account of its affordability, availability, and lower fat content, is acting as another significant growth-inducing factor.

Apart from this, the rising usage of automatic feeders and drinkers to improve feeding in poultry farming is also positively influencing the global market. Moreover, the launch of modern poultry feed items that are produced by careful selection and blending of ingredients to offer a highly nutritional diet that aids in maintaining the health of the animals and improving the quality of poultry products, including eggs, meat, milk, etc., is further catalyzing the market growth. Besides this, the elevating focus among agricultural scientists on research, chemical analysis, and experimentation to introduce improvements in existing animal diets is expected to propel the poultry feed market over the forecasted period.

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Poultry Feed Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the poultry feed market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• 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.
• and Novus International Inc. (Mitsui & Co. (U.S.A.) Inc.).

Key Market Segmentation:

The report has segmented the poultry feed market on the basis of nature, form, additives, animal type and distribution channel.

Breakup by Nature:

• Conventional
• Organic

Breakup by Form:

• Mashed
• Pellets
• Crumbles
• Others

Breakup by Additives:

• Antibiotics
• Vitamins
• Antioxidants
• Amino Acid
• Feed Enzymes
• Feed Acidifiers
• Others

Breakup by Animal Type:

• Layers
• Broilers
• Turkey
• Others

Breakup by Distribution Channel:

• Offline
• Online

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)

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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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