According to a research report published by Spherical Insights & Consulting, the Global Poultry Feed Market Size is Expected to Grow from USD 119.6 Billion in 2023 to USD 232.7 Billion by 2033, Growing at a CAGR of 6.88% during the forecast period 2023-2033.

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Poultry feed is the food used to meet the nutrient-dense nutritional needs of farm animals, such as geese, ducks, and chickens. Layer hens, turkeys, ducks, geese, broiler chickens, and exotic birds are among the many uses for it. It enhances the quality of the final meat and egg products. Although they enhance nutrient availability, antioxidant activity, immunological modulation, antimicrobial activity, and intestinal health, feed additives are crucial to poultry diets. The poultry feed contains a variety of nutrients, including water, proteins, carbs, vitamins, and minerals. The global poultry feed industry is expanding due to rising global meat consumption per capita and higher awareness of protein intake. So the market for poultry feed is being driven by the growing demand for chicken meat products. A new opportunity in the poultry feed market is being created by the introduction of packaged poultry feed. Additionally, the global market for poultry feed is expanding significantly due to the increased production and consumption of meat in Asia-Pacific and MEA nations. However, the market is also being adversely affected by trade restrictions, reduced output, and bird culling.

Browse key industry insights spread across 200 pages with 120 Market data tables and figures & charts from the report on the Global Poultry Feed Market Size, Share, and COVID-19 Impact Analysis, By Nature (Conventional and Organic), By Feed Type (Complete Feed, Concentrates, and Premix), By Distribution Channel (Offline and Online), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The conventional segment is predicted to hold the largest market share of the global poultry feed market through the forecast period.      

Based on its nature, the poultry feed market is categorized into conventional and organic. Among these, the conventional segment is predicted to hold the largest market share of the global poultry feed market through the forecast period. Compared to organic or specialty feeds, conventional chicken feed is typically less expensive to produce, making it a more practical option for both producers and consumers. Furthermore, even in underdeveloped areas or isolated, conventional feed is easily accessible due to its extensive production and delivery networks. Furthermore, conventional feeds are a well-known and reliable choice among chicken farmers due to their long history of use. Additionally, compared to organic or non-GMO feeds, it has fewer legal obstacles, which makes production and market introduction simpler. In addition, because of their controlled manufacturing methods, traditional feeds have a more consistent nutritional content, making them a dependable option for the growth and health of chickens.

The complete feed segment is anticipated to grow at the fastest pace in the global poultry feed market during the projected timeframe. 

Based on the feed type, the poultry feed market is categorized into complete feed, concentrates, and premix. Among these, the complete feed segment is anticipated to grow at the fastest pace in the global poultry feed market during the projected timeframe. Complete chicken feed is inexpensive and produces a lot of poultry feed items. It is more effectively eaten with less feed waste.

The offline segment is predicted to grow at the greatest pace in the global poultry feed market through the projected period.

Based on the distribution channel, the poultry feed market is categorized into offline and online. Among these, the offline segment is predicted to grow at the greatest pace in the global poultry feed market through the projected period. Supply chain logistics made possible by offline distribution channels allow for the dependable and effective delivery of chicken feed to a range of markets, from rural to urban locations. Additionally, offline retail makes it possible for many chicken farmers to visually verify the feed before making a purchase. Furthermore, poultry feed can be accessed instantly through offline methods, eliminating the need to wait for shipping. Furthermore, long-lasting relationships based on trust and individualized care are frequently the outcome of distributors and customers interacting directly through offline channels. In addition, offline distributors and merchants possess specific expertise in poultry feed, which enables them to provide consumers with insightful guidance and suggestions.

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Asia Pacific is estimated to hold the largest share of the poultry feed market over the forecast period.

Asia Pacific is estimated to hold the largest share of the poultry feed market over the forecast period. The fast population growth in Asia Pacific is driving up demand for chicken products and, in turn, poultry feed. Additionally, the middle class’s increasing disposable income is driving up consumption of meat and poultry products, which is contributing to the increase. In addition, the demand for chicken feed has increased in the Asia-Pacific region due to the widespread acceptance and consumption of poultry across many cultures and religions. The region’s smallholder farmer majority is also contributing to the demand for specialized feed that meets particular needs. Additionally, regional governments’ implementation of different supportive policies—like training initiatives and subsidies—to encourage chicken farming is fueling the market’s expansion.

Europe is predicted to grow at the fastest pace in the poultry feed market over the forecast period. The main driver of the poultry feed business in the region is the growing prevalence of nutritional problems. The region’s market is expanding owing to the cooperation of major businesses including For Farmers, Kent Nutrition Group, Alltech, and others.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the poultry feed along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key players in the poultry feed market include Kent Nutrition Group, ADM, De Heus Animal Nutrition, ForFarmers, Charoen Pokphand Foods PCL, Cargill, Inc., Berkshire Hathaway Inc., John Bean Technologies Corporation, Anko Food Machine Co. Ltd., Trouw Nutrition, Alltech, Land O’ Lakes, Inc., GEA Group, NICHIMO Co. Ltd., Tetra Laval International S.A., Bucher Industries, Hosokawa Micron Corp., and Others.

Recent Developments

• In September 2024, PoultryTechBangladesh collaborated with Quick Chicks, Provita, Paragon, and Nourish to improve co-financing efforts, provide technical assistance, and facilitate investment in Bangladesh’s chicken industry.
• In July 2023, The Indian dairy cooperative Amul Dairy started producing chicken feed to grow its business. With this action, Amul hoped to improve its capacity to produce chicken feed in several Indian locations.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the poultry feed market based on the below-mentioned segments:

Global Poultry Feed Market, By Nature

• Conventional
• Organic

Global Poultry Feed Market, By Feed Type

• Complete Feed
• Concentrates
• Premix

Global Poultry Feed Market, By Distribution Channel

• Offline
• Online

Global Poultry Feed Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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