Compound Feed Market: By Animal Type, By Product   and By Geography  

Compound Feed Market Size, Share, Growth, Trends, and Global Industry Analysis: By Animal Type (Swine, Poultry, Ovine, Bovine, Equine, Canine, Aquaculture), By Product (Cereals, Cakes and Meals, By-Products, Supplements)  and By Region  

Compound Feed Market size was valued at US$ 512.16 billion in 2023, growing at a CAGR of 6.2% from 2024 to 2030. The global market provides a detailed overview and that can be segmented by animal type and by product type. By animal type, the market has been segmented into Swine, Poultry, Ovine, Bovine, Equine, Canine, and Aquaculture. The swine segment is likely to be the largest and fastest-growing segment in terms of animal type in 2021 and is expected to maintain the growth in the upcoming years according to precession business insights. Compound Feed is a blend of different feed ingredients to a reasonable extent. Regularly utilized fixings in compound dairy cattle feed incorporate grains, wheat, protein dinners/cakes, chutneys, agro-industrial by-products, minerals and vitamins. Development and improvements of new technologies in formulations of finished products based on the feed type and changes in regulatory scenario are boosting the growth of the industry. Many companies are targeting the Asia-Pacific region for expansion of the market, by investing in the new production units or acquisition of small players in the region who were established. R&D investments, the introduction of new products, are the different strategies adopted by the manufacturers to be in the competition in the Compound Feed Market.

Compound Feed Market Key Development:

  • In Sept 2022, BASF and Evonik partnered to reduce the environmental footprint of the feed and animal protein industries.
  • In Sept 2022, Elanco Animal Health launched a new nutrient-sparing enzyme, Hemicell XT, for pig and poultry producers.

Global Compound Feed Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.2%

Largest Market

North America

Fastest Growing Market

Asia-Pacific

Compound Feed Market Dynamics

Increase in adoption of pets, rise in care and concern of the animals health is the major factor for the rise in demand for healthy and safe feeds for the animals, which in turns drive the global compound feed market over the forecast years. Shifting towards the protein lean animal diet, rise in the consumption of the meat, poultry and dairy products around the world is anticipated to fuel the growth of the compound feed . On the other side, rise in the cost of the feeds and the supplements used to combine with them and lack of awareness in some regions of the world about the animal health are hindering the growth of the Global compound feed market.

Global Compound Feed Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 512.16 billion

Market CAGR

6.2%

By Type of Animal

  • Swine
  • Poultry
  • Ovine
  • Bovine
  • Equine
  • Canine
  • Aquaculture

By Product

  • Cereals
  • Cakes and Meals
  • By- Products
  • Supplements

By Region

  • North America 
  • Asia Pacific
  • Latin America
  • Europe

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

Download Free Sample Report

Frequently Asked Questions

The compound feed market size was valued at US$ 512.16 million in 2023

The compound feed market key players are: Adisseo France S.A.S (France) Archer Daniels Midland Co. (US) Bactolac Pharmaceutical, Inc. (US) BASF SE (Germany) DSM Nutritional Products Ltd. (Switzerland) Pfizer, Inc. (US))

The compound feed market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Author image

Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1. Executive Summary
2. Global Compound Feed Market Introduction 
2.1.Global Compound Feed Market  - Taxonomy
2.2.Global Compound Feed Market  - Definitions
2.2.1. Type of Animal
2.2.2.Product
2.2.3. Geography
2.2.4.Region
3. Global Compound Feed Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Compound Feed Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Compound Feed Market  By  Type of Animal, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Swine
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Poultry
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Ovine
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Bovine
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Equine
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Canine
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Aquaculture
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6. Global Compound Feed Market  By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Cereals
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Cakes and Meals
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. By- Products
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Supplements
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7. Global Compound Feed Market  By  Geography, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America 
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Asia Pacific
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Latin America
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Europe
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global Compound Feed Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Compound Feed Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1.  Type of Animal Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Swine
9.1.2.Poultry
9.1.3.Ovine
9.1.4.Bovine
9.1.5.Equine
9.1.6.Canine
9.1.7.Aquaculture
9.2.  Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Cereals
9.2.2.Cakes and Meals
9.2.3.By- Products
9.2.4.Supplements
9.3.   Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.North America 
9.3.2.Asia Pacific
9.3.3.Latin America
9.3.4.Europe
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Compound Feed Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1.  Type of Animal Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Swine
10.1.2.Poultry
10.1.3.Ovine
10.1.4.Bovine
10.1.5.Equine
10.1.6.Canine
10.1.7.Aquaculture
10.2.  Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Cereals
10.2.2.Cakes and Meals
10.2.3.By- Products
10.2.4.Supplements
10.3.   Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.North America 
10.3.2.Asia Pacific
10.3.3.Latin America
10.3.4.Europe
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Compound Feed Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1.  Type of Animal Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Swine
11.1.2.Poultry
11.1.3.Ovine
11.1.4.Bovine
11.1.5.Equine
11.1.6.Canine
11.1.7.Aquaculture
11.2.  Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Cereals
11.2.2.Cakes and Meals
11.2.3.By- Products
11.2.4.Supplements
11.3.   Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.North America 
11.3.2.Asia Pacific
11.3.3.Latin America
11.3.4.Europe
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Compound Feed Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1.  Type of Animal Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Swine
12.1.2.Poultry
12.1.3.Ovine
12.1.4.Bovine
12.1.5.Equine
12.1.6.Canine
12.1.7.Aquaculture
12.2.  Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Cereals
12.2.2.Cakes and Meals
12.2.3.By- Products
12.2.4.Supplements
12.3.   Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.North America 
12.3.2.Asia Pacific
12.3.3.Latin America
12.3.4.Europe
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Compound Feed Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1.  Type of Animal Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Swine
13.1.2.Poultry
13.1.3.Ovine
13.1.4.Bovine
13.1.5.Equine
13.1.6.Canine
13.1.7.Aquaculture
13.2.  Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Cereals
13.2.2.Cakes and Meals
13.2.3.By- Products
13.2.4.Supplements
13.3.   Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.North America 
13.3.2.Asia Pacific
13.3.3.Latin America
13.3.4.Europe
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Adisseo France S.A.S (France)
14.2.2.Archer Daniels Midland Co. (US)
14.2.3.Bactolac Pharmaceutical, Inc. (US)
14.2.4.BASF SE (Germany)
14.2.5.DSM Nutritional Products Ltd. (Switzerland)
14.2.6.Pfizer, Inc. (US))
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Adisseo France S.A.S (France)
  • Archer Daniels Midland Co. (US)
  • Bactolac Pharmaceutical, Inc. (US)
  • BASF SE (Germany)
  • DSM Nutritional Products Ltd. (Switzerland)
  • Pfizer, Inc. (US))

Related Industry Reports