Poultry Feed Market Size, Share, Industry Trends and Forecast to 2033
This report provides an extensive analysis of the poultry feed market, including comprehensive insights, trends, growth projections, and detailed forecasts from 2023 to 2033.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $21.50 Billion |
| CAGR (2023-2033) | 7.2% |
| 2033 Market Size | $43.95 Billion |
| Top Companies | Cargill, Inc., Archer Daniels Midland Company (ADM), Alltech, Nutreco N.V., Land O'Lakes, Inc. |
| Last Modified Date | 15 Nov 2024 |
Poultry Feed Market Report (2023 - 2033)
Poultry Feed Market Overview
What is the Market Size & CAGR of Poultry Feed market in 2023?
Poultry Feed Industry Analysis
Poultry Feed Market Segmentation and Scope
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Poultry Feed Market Analysis Report by Region
Europe Poultry Feed Market Report:
Europe's poultry feed market is projected to grow significantly from $6.36 billion in 2023 to $13.00 billion by 2033, with a focus on organic poultry products and adherence to strict food safety regulations.Asia Pacific Poultry Feed Market Report:
In 2023, the poultry feed market in Asia Pacific is valued at $4.10 billion with expectations to reach $8.38 billion by 2033. This region is witnessing rapid growth due to its large population and increasing demand for poultry products, particularly in countries like China and India.North America Poultry Feed Market Report:
North America shows a strong poultry feed market, valued at $7.29 billion in 2023 and expected to grow to $14.90 billion by 2033. The United States is a major player, emphasizing technological advancements and sustainable feed practices.South America Poultry Feed Market Report:
The South American poultry feed market is estimated at $1.37 billion in 2023, projected to rise to $2.81 billion by 2033. Brazil continues to lead in poultry farming, driven by export demands and domestic consumption patterns.Middle East & Africa Poultry Feed Market Report:
The Middle East and Africa region's poultry feed market is expected to expand from $2.38 billion in 2023 to $4.87 billion by 2033. Increasing poultry farming activity and a push for self-sufficiency in food production drive this growth.Request a custom research report for industry.
Poultry Feed Market Analysis By Product Type
Global Poultry Feed Market, By Product Type Market Analysis (2023 - 2033)
The poultry feed market by product type is dominated by conventional feed, valued at $14.13 billion in 2023 and expected to reach $28.89 billion by 2033. Organic feed is gaining traction, with a forecasted growth from $4.38 billion to $8.95 billion in the same period, reflecting consumer trends toward healthier products.
Poultry Feed Market Analysis By Ingredient
Global Poultry Feed Market, By Ingredient Market Analysis (2023 - 2033)
Grains are the primary ingredient in poultry feed, representing about $14.13 billion in 2023 and anticipated to grow to $28.89 billion by 2033. Protein sources account for $4.38 billion, projected to rise to $8.95 billion, reflecting the shift toward high-protein diets.
Poultry Feed Market Analysis By Formulation
Global Poultry Feed Market, By Formulation Market Analysis (2023 - 2033)
Market segmentation by formulation includes starter feed valued at $14.13 billion in 2023 and expected to grow significantly. Grower and finisher feeds are also notable segments, focused on optimizing feed efficiency and profitability for producers.
Poultry Feed Market Analysis By End User
Global Poultry Feed Market, By End-User Market Analysis (2023 - 2033)
Commercial farming contributes significantly to the poultry feed market, accounting for $17.81 billion in 2023 with substantial growth anticipated. Backyard farming also shows promise, increasing from $3.69 billion to $7.55 billion, appealing to local and sustainable food trend enthusiasts.
Poultry Feed Market Analysis By Distribution Channel
Global Poultry Feed Market, By Distribution Channel Market Analysis (2023 - 2033)
Online sales of poultry feed are emerging as a major distribution channel, expected to rise from $17.81 billion in 2023 to $36.40 billion in 2033. Offline sales maintain relevance but are growing at a slower pace, indicating a shift toward digital marketplaces.
Poultry Feed Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Poultry Feed Industry
Cargill, Inc.:
Cargill is a global leader in animal nutrition, offering a diverse range of poultry feed products that enhance growth rates and improve feed efficiency.Archer Daniels Midland Company (ADM):
ADM specializes in the production of poultry feeds and is committed to innovations that support sustainable poultry farming practices.Alltech:
Alltech is known for its research-driven approach to animal nutrition, providing advanced feed solutions that promote animal health and performance.Nutreco N.V.:
Nutreco offers tailored feed solutions for poultry farmers, focusing on sustainable development and efficiency in feed production.Land O'Lakes, Inc.:
Land O'Lakes provides high-quality poultry feed options enriched with vitamins and minerals to support optimal growth in various poultry species.We're grateful to work with incredible clients.
