Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Feed Ingredients Market size is expected to be valued at US$ 39.2 billion in 2022 and is expected to grow at a CAGR of 5.7% during the forecast period 2023 to 2029. By animal type, the global feed ingredients market has been segmented into Swine, Poultry, Ovine, Bovine, Equine, Canine, and Aquaculture. The poultry segment is likely to be the largest and fastest-growing segment in terms of animal type in 2022 and is expected to maintain the growth in the upcoming years according to precession business insights. It is attributed to the high demand for poultry meat especially chicken in the U.S, Mexico, China, and other South East Asian countries. The swine segment is also growing at a significant CAGR due to the increasing production of pigs. Based on product type, the global feed ingredients market is segmented into Cereal Grains, Protein Meals, Soy Meals, Whey Products, and Others. Among these, the Cereals segment is expected to have the fastest-growing market during the forecast period 2023-2029. Feed cereals have high demand than other ingredients due to their wide availability and strong nutritional profile. Corn, wheat, and rice are the major sources of feed cereals in the developed and developing regions. There are other feed cereals such as oats, sorghum, millet, and barley. Feed ingredients is a blend of variety of feed ingredients. Regularly utilized fixings in compound dairy products cattle feed incorporate grains, wheat, protein dinners/cakes, agro-industrial by products, minerals and vitamins. Development and improvements of new technologies in formulations of finished products based on the feed type and change in regulatory scenario are boosting growth of the industry.
Study Period
2024-2030Base Year
2023CAGR
5.7%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
Increase in the humanization and adoption of the pets, rise in care and concern of the animals health is the major factor for the rise in demand for the healthy and safe feeds for the animals are anticipated to propel the market growth over the forecast years. Moreover, rise in consumption of meat will further driving the global market growth.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2022 |
US$ 39.2 billion |
Market CAGR |
5.7% |
By Animal Type |
|
By Product |
|
By Region |
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The fastest-growing segment of the global feed ingredients market is Poultry segment due to rise in consumption of poultry meat and eggs.
Growing consumption of the meat, poultry and dairy products around the world are boosting the global market growth. However, increasing cost of raw materials may hamper the global market growth.
Stringent government regulations in market across the globe may hamper the growth at a significant rate.
The raw material prices are increasing due to various factors such as increase in transportation cost. It will hamper the growth in the global market.
1.Executive Summary |
2.Global Feed Ingredients Market Introduction |
2.1.Global Feed Ingredients Market - Taxonomy |
2.2.Global Feed Ingredients Market - Definitions |
2.2.1.Animal Type |
2.2.2.Product |
2.2.3.Region |
3.Global Feed Ingredients 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 Feed Ingredients Market Analysis, 2018-2022 and Forecast 2023-2029 |
4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Feed Ingredients Market By Animal Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
5.1. Swine |
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (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, 2018-2022 and Forecast, 2023-2029, (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, 2018-2022 and Forecast, 2023-2029, (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, 2018-2022 and Forecast, 2023-2029, (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, 2018-2022 and Forecast, 2023-2029, (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, 2018-2022 and Forecast, 2023-2029, (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, 2018-2022 and Forecast, 2023-2029, (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 Feed Ingredients Market By Product, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
6.1. Cereal Grains |
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (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. Protein Meals |
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (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. Soy Meals |
6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (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. Whey Products |
6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (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 |
6.5. Others |
6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7.Global Feed Ingredients Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (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. Europe |
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (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. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (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. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (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 |
7.5. Latin America |
7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.North America Feed Ingredients Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
8.1. Animal Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Swine |
8.1.2.Poultry |
8.1.3.Ovine |
8.1.4.Bovine |
8.1.5.Equine |
8.1.6.Canine |
8.1.7.Aquaculture |
8.2. Product Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Cereal Grains |
8.2.2.Protein Meals |
8.2.3.Soy Meals |
8.2.4.Whey Products |
8.2.5.Others |
8.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9.Europe Feed Ingredients Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
9.1. Animal Type Analysis and Forecast 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 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Cereal Grains |
9.2.2.Protein Meals |
9.2.3.Soy Meals |
9.2.4.Whey Products |
9.2.5.Others |
9.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
9.3.6.Rest of EU |
9.3.7. |
10.Asia Pacific (APAC) Feed Ingredients Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
10.1. Animal Type 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 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Cereal Grains |
10.2.2.Protein Meals |
10.2.3.Soy Meals |
10.2.4.Whey Products |
10.2.5.Others |
10.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11.Middle East and Africa (MEA) Feed Ingredients Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
11.1. Animal Type 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 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Cereal Grains |
11.2.2.Protein Meals |
11.2.3.Soy Meals |
11.2.4.Whey Products |
11.2.5.Others |
11.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12.Latin America Feed Ingredients Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
12.1. Animal Type 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 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Cereal Grains |
12.2.2.Protein Meals |
12.2.3.Soy Meals |
12.2.4.Whey Products |
12.2.5.Others |
12.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.Adisseo France S.A.S (France) |
13.2.2.Archer Daniels Midland Co. (US) |
13.2.3.Bactolac Pharmaceutical, Inc. (US) |
13.2.4.Biomin (Austria) |
13.2.5.BASF SE (Germany) |
13.2.6.DSM Nutritional Products Ltd. (Switzerland) |
14. Research Methodology |
15. Appendix and Abbreviations |
Key Market Players