compound feed market Size and forecast to 2028.

 The global compound feed market size was valued at USD 459.1 billion in 2021 and is poised to grow at a significant CAGR of 4.2% during the forecast period 2022-28. The global market provides a detailed overview of the global compound feed market, and that can be segmented by animal type and by product type. By animal type, the global compound feed 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. It is attributed to the high demand for pig meat in the U.S, Mexico, China, and other Southeast Asian countries. The poultry segment is also growing at a significant CAGR due to the increasing production of poultry animals such as chicken and turkey. Based on product type, the global compound feed market is segmented into Cereals, Cakes and Meals, By-Products, and Supplements. Among these, the Cereals segment is expected to have the fastest-growing market during the forecast period 2022-2028. 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. Compound Feed is a blend of variety of feed ingredients. Regularly utilized fixings in compound dairy 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.

View Detailed Report Description at https://precisionbusinessinsights.com/market-reports/global-compound-feed-market/

 

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.

The global compound feed market segmentation:

1) By Animal Type: Swine, Poultry, Ovine, Bovine, Equine, Canine, Aquaculture.

2) By Product: Cereals, Cakes and Meals, By-Products, Supplements.

 

Geographically Compound Feed is segmented as Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe. North America. Due to the over pooling of the population Asia Pacific region and rapid economic growth led to the rise in demand for the meat which has triggered the significant growth rate of the Compound Feed market. Brazil is showing significant gains during the foreseeable period owing to rise in capacity of spending and rise in standards of living of the people which boosts the increased demand for the meat, poultry and their products which in turn triggering the market growth of Compound Feed .

 


Request sample report at  https://precisionbusinessinsights.com/request-sample/?product_id=25152

Key players in the compound feed market 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))

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

 

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

 

Contact:

Mr. Satya

Precision Business Insights | Toll Free: +1 866 598 1553

Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

 

Comments

Post a Comment

Popular posts from this blog

Digital Remittance Market Trends and Segments Forecast To 2028

Image
  The global digital remittance market size was valued at USD 16,953.5 Million in 2021 and is poised to grow at a significant CAGR of 13.7% during the forecast period 2022-2028. Customers across the world are switching to digital remittance services because they assist minimize money transfer time and expenses. Furthermore, digital remittance services provide high levels of anonymity and security for users' funds, driving global business. The growing popularity of digital remittance services among low-wage migrant workers who use them to send money to their families has prompted numerous regulatory agencies to pay attention to and regulate the industry. However, a lack of understanding and assistance is a key barrier to consumers choosing digital remittance transfer. View Detailed Report Description Here -   https://precisionbusinessinsights.com/market-reports/digital-remittance-market/    The global digital remittance market segmentation: 1) By Type: Inward D...
Read more

Switchgears Market Future Prospects and Forecast To 2028

Image
The global switchgear market size was valued at USD 45,026.8 million in 2021 and is poised to grow at a significant CAGR of 9.9% during the forecast period 2022-2028. The growing population, advancements in the industrial infrastructure, grid resilience requirements, operational flexibility needs, and a growing portfolio of renewable energy are driving the need to modernize and expand the capacity of the electrical systems across the globe. Moreover, increase in construction activities throughout the world due to increased focus on infrastructure development in China and India resulting in increasing in the switchgear market. View Detailed Report Description at https://precisionbusinessinsights.com/market-reports/switchgear-market/    The global switchgear market segmentation: 1)  By Product Type: AIR and GAS. 2) By Voltage: (<1 kV, 1-36 kV, >36 kV), End Users (T&D Utilities, Industries, Commercial & Residential Others. AIS Segment Dominates the Sw...
Read more

Stains And Reagents Market Opportunities, Business Forecast To 2029

Image
  The global stains and reagents market size was valued at USD 4,312.7 million in 2022 and is poised to grow at a significant CAGR of 6.0% during the forecast period 2023-29. It also includes market size and projection estimations for each of the five major regions from 2023 to 2029. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the stains and reagents market growth , as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.   View the detailed report description here - https://precisionbusinessinsights.com/market-reports/stains-and-reagents-market The global stains and reagents market segmentation: 1) By Product Type: Staining System, Staining Reagents, Acce...
Read more