The
compound feed industry plays a major part in food chain which
provides sustainable and nutritious food. The major forces driving
the compound feed market are increase in the use of animal derived
products in direct human consumption due to growing population and
rising disposable income in developing countries.
The
rise in demand of healthy and safe animal derived food as a result of
increased consumer awareness has brought about the development in
compound feed production and usage. The compound feed is produced for
livestock to provide adequate amount of nutrients to them. It
maximizes the performance of livestock. A few factors which drive the
global compound feed market are enhanced performance of livestock and
rise in meat consumption. The rise in disposable income is the main
factor that is leading the increase in meat consumption. The
technological developments in manufacturing process of compound feed
improve the nutritional value and safety of compound feed.
Compound
feed is processed food specifically manufactured for target animals.
It facilitates the enhanced performance and productivity of animals.
Compound feed also prevents deficiency diseases and improves immunity
on addition of feed additives. Compound feed is a major part in food
chain for providing sustainable and nutritious food. It is the single
biggest cost in animal husbandry systems.
Rising
meat consumption is mainly driving the compound feed market which in
turn is the result of growing human population. Animal derived
products are increasingly becoming a major part of human food. Since
the animal derived products are considered nutritious, their demand
is increasing at a fast pace. The demand can be met by using compound
feed in livestock production systems. The composition of compound
feed is important as it influences the nutritional content of animal
derived products which is used for direct human consumption. The
compound feed industry is witnessing a change as modern methods are
being increasingly used to produce more at less cost in the animal
husbandry systems. With the use of new technologies and advanced
supply chain management strategies the compound feed industry is
undergoing an exciting phase of growth.
In
compound feed market North America commands the largest share due to
the higher production of grains and cereals as compared to the other
regions. Moreover it uses more of advanced technologies in
manufacturing compound feed. Asia Pacific Japan will gradually reach
the status of North America as a result of high rate of meat
consumption with the growing population. Swine feed has the largest
share in compound feed industry closely followed by poultry feed. The
rate of global pork consumption is highest among all the types of
meat consumption. Poultry meat consumption is expected to outplace
pork and beef consumption due to more inclination of consumers
towards poultry meat as poultry meat is less expensive protein
source.
Feed
additives are the dietary supplementations in concentrated form which
enhance the characteristics of feed such as improving the
digestibility of feed ingredients. They are fed to animals along with
the major feed ingredients to improve the growth rate and health of
animals. The feed additives market is driven by growing demand of
animal derived products. Consumers are becoming aware of the safe and
nutritious food. Therefore feed additives are used in adequate amount
in the compound feed to enhance the quality of animal derived
products.
Europe
commands the largest market share in feed additives industry followed
by North America. Feed Antibiotics accounts for the major market
share as they are used as growth promoters in animals but feed
acidifiers will replace it soon in the near future due to the ban on
antibiotics usage in US and Europe though Asia Pacific Japan and
Latin America will contribute to the demand for antibiotics. However
feed amino acids are the fastest growing segment in the feed
additives market.
Scope
and overview
The
objective of the study on "Compound Feed Market & Compound
Feed Additives Market" is to gain detailed market insights for
key feed segments. The market is analyzed on the basis of growth
trends, ongoing developments, market penetration and revenue share.
Segmentation
& Analysis
The
report segments and analyzes the "Compound Feed Market &
Compound Feed Additives Market" on the basis of following
sub-categories:
Geographic
Markets
North
America
Latin
America
Europe
APJ
MEA
This
section provides in-depth analysis of “Compound Feed Market” that
includes market size and growth forecast for each geography and
segments.
By
Segment
Cattle
feed
Poultry
feed
Swine
feed
Aqua
feed
Pet
food
This
section provides in-depth analysis of compound feed industry size and
growth forecast for each segment and challenges prevailing in the
overall market levels and future outlook for all the levels.
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Feed
additives
Feed
additives are used in compound feed to improve the performance and
production efficiency of animals. Feed additives enhance the
characteristics of feed such as improving the digestibility of feed
ingredients.The report segments and analyze the “Feed Additives”
on the basis of following sub-categories:
Geographic
Markets of feed additives
North
America
Latin
America
Europe
APJ
MEA
Segmentation
of feed additives
Antibiotics
Vitamins
Antioxidants
Amino
Acids
Enzymes
Feed
Acidifiers
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