Compound Feed Ingredients Market Overview
Animal feed with compound feed ingredients or feed ingredients found in compound animal feed has a higher nutritional value. The palatable compound animal feed is regarded as a rich source of nutrients. Proper consumption of compound feed ingredients boosts animal health and increases milk supply, which is high in fat and protein.
The consumption of animal products has been gradually expanding over the world. The need for compound feed ingredients is increasing as a result of this. The demand for compound feed ingredients is expected to rise as meat, milk, and dairy products become more popular.
In the previous ten years, global meat production and consumption have increased by almost 20%. The increase in demand for meat products such as pig, chicken, beef, and mutton can be attributed to this growth. Factors such as globalization, cultural shifts, rising disposable income, and an increase in the human population are driving demand for meat and dairy products, and hence the animal feed ingredients market is expected to rise at a higher level in the estimated period.
On the negative side, Aflatoxin, a common mycotoxin, can cause poor animal reproductive, growth retardation, and eventually death. As a result, the market is likely to be hampered by mycotoxin contamination of complex feed ingredients.
Report Metric | Details |
Market size available for years | 2023–2030 |
Base year considered | 2023 |
Forecast period | 2024–2030 |
Forecast unit | Value (USD Million) |
Segments covered | Type, Application, and Region. |
Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
Companies covered | Alltech, ADM Animal Nutrition, DuPont de Nemours, Inc, Burcon, Nutraferma, Inc., CHS Inc, HAMLET PROTEIN, Calysta, Inc., Royal DSM, Titan Biotech., Proliver, CropEnergies AG, A. Costantino & C. spa,GFR Ingredients Ltd., Evershining Ingredient Co., Ltd., Imcopa Food Ingredients B.V. |
Covid-19 Impact on Compound Feed Ingredients Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Compound Feed Ingredients Market Segment Overview
According to Type, Grain is one of the largest segments of the Global Compound Feed Ingredients Market. Grains are a popular cattle feed due to their high nutritional value, which includes proteins, minerals, vitamins, carbohydrates, and fibers. Based on Application, Poultry Feed is a major segment in the market. This is due to the high demand and consumption across the world. Furthermore, Swine Feed and Aquaculture Feed segments are expected to grow at the fastest rate in the coming years.
Compound Feed Ingredients Market, By Type
· Grain
· Bran
· Protein
· Mineral
· Vitamin
· Other
Compound Feed Ingredients Market, By Application
· Swine Feed
· Poultry Feed
· Aquaculture Feed
· Cattle Feed
· Others
Compound Feed Ingredients Market Regional Overview
In terms of geography, the global Compound Feed Ingredients market is classified into North America, South America, Europe, Asia Pacific, and Middle East & Africa. The Asia Pacific is expected to have a significant proportion of the global compound feed ingredients market over the forecast period. This is because of the rising demand for meat such as pork, poultry, beef, and mutton. Furthermore, the presence of animal feed manufacturers in Southeast Asia, as well as the expansion of the agriculture sector, are expected to raise the use of compound feed ingredients in the Asia Pacific. Additionally, North America and Europe are the most prominent regions for the market. This is due to an increase in demand for poultry meat in developed regions such as Europe and North America, per capita meat consumption is increasing.
Compound Feed Ingredients Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Compound Feed Ingredients Market Competitor overview
Some key developments and strategies adopted by manufacturers in Compound Feed Ingredients are highlighted below.
· In January 2022, Amlan International introduced next-generation natural mineral-based feed additives for producers and vertical integrators in the United States while showcasing its growing investment in R&D and technical support in key global markets.
Compound Feed Ingredients Market, Key Players
· Alltech
· ADM Animal Nutrition
· DuPont de Nemours, Inc
· Burcon
· Nutraferma, Inc.
· CHS Inc
· HAMLET PROTEIN
· Calysta, Inc.
· Royal DSM
· Titan Biotech.
· Proliver
· CropEnergies AG
· Costantino & C. spa
· GFR Ingredients Ltd.
· Evershining Ingredient Co., Ltd.
· Imcopa Food Ingredients B.V.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Compound Feed Ingredients market?
Factors such as globalization, cultural shifts, rising disposable income, and an increase in the human population are driving demand for meat and dairy products, and hence the animal feed ingredients market is expected to rise at a higher level in the estimated period.
Q2. What are the restraining factors for the global Compound Feed Ingredients market?
Aflatoxin, a common mycotoxin, can cause poor animal reproductive, growth retardation, and eventually death. As a result, the market is likely to be hampered by mycotoxin contamination of complex feed ingredients.
Q3. Which segment is projected to hold the largest share in the global Compound Feed Ingredients market?
The grain segment is projected to hold the largest share in the global Compound Feed Ingredients market.
Q4. Which region holds the largest share in the global Compound Feed Ingredients market?
The Asia Pacific holds the largest share in the global Compound Feed Ingredients market.
Q5. Which are the prominent players in the global Compound Feed Ingredients market?
Alltech, ADM Animal Nutrition, DuPont de Nemours, Inc, Burcon, Nutraferma, Inc., CHS Inc, HAMLET PROTEIN, Calysta, Inc., Royal DSM, Titan Biotech., Proliver, CropEnergies AG, A. Costantino & C. spa, GFR Ingredients Ltd., Evershining Ingredient Co., Ltd., Imcopa Food Ingredients B.V. are some key players in the global Compound Feed Ingredients market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Compound Feed Ingredients Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Grain
- 5.2.2. Bran
- 5.2.3. Protein
- 5.2.4. Mineral
- 5.2.5. Vitamin
- 5.2.6. Other
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Swine Feed
- 5.3.2. Poultry Feed
- 5.3.3. Aquaculture Feed
- 5.3.4. Cattle Feed
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Compound Feed Ingredients Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Grain
- 6.2.2. Bran
- 6.2.3. Protein
- 6.2.4. Mineral
- 6.2.5. Vitamin
- 6.2.6. Other
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Swine Feed
- 6.3.2. Poultry Feed
- 6.3.3. Aquaculture Feed
- 6.3.4. Cattle Feed
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Compound Feed Ingredients Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Grain
- 7.2.2. Bran
- 7.2.3. Protein
- 7.2.4. Mineral
- 7.2.5. Vitamin
- 7.2.6. Other
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Swine Feed
- 7.3.2. Poultry Feed
- 7.3.3. Aquaculture Feed
- 7.3.4. Cattle Feed
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Compound Feed Ingredients Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Grain
- 8.2.2. Bran
- 8.2.3. Protein
- 8.2.4. Mineral
- 8.2.5. Vitamin
- 8.2.6. Other
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Swine Feed
- 8.3.2. Poultry Feed
- 8.3.3. Aquaculture Feed
- 8.3.4. Cattle Feed
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Compound Feed Ingredients Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Grain
- 9.2.2. Bran
- 9.2.3. Protein
- 9.2.4. Mineral
- 9.2.5. Vitamin
- 9.2.6. Other
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Swine Feed
- 9.3.2. Poultry Feed
- 9.3.3. Aquaculture Feed
- 9.3.4. Cattle Feed
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Alltech
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. ADM Animal Nutrition
- 10.6. DuPont de Nemours, Inc
- 10.7. Burcon
- 10.8. Nutraferma, Inc.
- 10.9. CHS Inc
- 10.10. HAMLET PROTEIN
- 10.11. Calysta, Inc.
- 10.12. Royal DSM
- 10.13. Titan Biotech.
- 10.14. Proliver
- 10.15. CropEnergies AG
- 10.16. Costantino & C. spa
- 10.17. GFR Ingredients Ltd.
- 10.18. Evershining Ingredient Co., Ltd.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
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