Poultry Feed Market Research Report: Competitive Landscape and Growth Opportunities from 2024 to 2030

Poultry Feed Market size was valued at USD 222.35 Bn in 2023 and Poultry Feed market revenue is expected to reach USD 308.72 Bn by 2030, at a CAGR of 4.8 % over the forecast period.

Poultry Feed Market Overview:

The Poultry Feed market is experiencing steady growth driven by the increasing global demand for poultry products and advancements in feed formulation. Poultry feed, which includes various nutrients and additives to support poultry health and growth, is essential for optimizing production efficiency and meat quality. Key factors contributing to market expansion include rising poultry consumption, innovations in feed ingredients such as probiotics and premixes, and growing awareness of animal health and nutrition. Additionally, the adoption of sustainable practices and improvements in feed production technologies are further enhancing market dynamics. As global poultry farming continues to expand, the poultry feed market is set for continued growth and innovation.

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Scope Table:

Aspect	Details
Base Year	2023
Forecast Period	2024-2030
Historical Data	2018-2023
Market Size in 2023	US $ 222.35 Bn.
CAGR (2024-2030)	4.8%
Market Size in 2030	US $ 308.72Bn.

Poultry Feed Market Segmentation:

by Poultry Type

Layer
Broiler
Turkey
Others

The market is divided into Turkey, Layer, Broiler, and Other segments. At 38.60% of the poultry feed market in 2023, the broilers segment held the top spot. The significant market share can be ascribed to the rising demand for chicken meat, mainly because of its remarkable nutritious composition. Because they are raised expressly to produce meat, broilers play a vital role in the chicken meat market. The rise in broiler farming has been fueled by the rising demand for chicken meat, which is prized for its high protein content and affordability. Proper nutrition plays a crucial role in the effective production of broilers, as ensuring the optimum dietary intake is essential.

by Feed Type

Complete Feed
Concentrates
Premix
Others

Complete Feed, Concentrates, Premix, and Others are the market's divisions. Throughout the course of the forecast period, the feed segment as a whole is anticipated to maintain its dominant market position, having dominated the market in 2023. The entire industry that produces and distributes feed for different poultry species, including chickens, is referred to as the poultry feed market. It consists of a range of feed products designed to meet the dietary requirements of chickens. The science and art of formulating balanced diets for poultry through the selection and blending of various feed ingredients is known as poultry feed formulation. To formulate food that satisfies the unique nutritional needs of chickens, the proper ratios of grains, protein sources, lipids, minerals, and vitamins must be determined.

by Ingredient

Cereal
Oilseed Meal
Oil
Molasses
Fish Oil and Fish Meal
Supplements
Other

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Poultry Feed Market Key Players:

1. Cargill Inc.
2. Land O’Lakes, Inc.
3. Tyson Foods, Inc.
4. Kent Nutrition Group, Inc.
5. Hi-Pro Feeds, Inc.
6. Southern States Cooperative
7. Westeon Milling Animal Nutrition
8. Alltech Inc.
9. Evonik Industries AG.
10. Wen’s Food Group
11. Balance Agri-Nutrients Ltd.
12. DeKalbs Feeds, Inc.
13. Royal DSM N.V.
14. New Hope Group
15. Forfarmers B.V.
16. Charoen Pokphand PLC
17. EWOS Group
18. Associated British Foods plc.
19. De Heus Voeders B.V.

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Regional Insights:

The Regional Analysis section displays the present state of the Poultry Feed market in each of the study's participating nations. Due to the complexity of the Poultry Feed business, local perspectives must be considered. North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa are the regions that comprise the Poultry Feed market. We extensively examine each research region's market size, growth rate, imports and exports, as well as other particular characteristics.

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Key questions answered in the Poultry Feed Market are:

What growth strategies are the players considering to increase their presence in Poultry Feed?
What are the upcoming industry applications and trends for the Poultry Feed Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Poultry Feed Market?
Who are the leading companies and what are their portfolios in Poultry Feed Market?
What segments are covered in the Poultry Feed Market?
Who are the key players in the Poultry Feed market?
Which application holds the highest potential in the Poultry Feed market?
What are the key challenges and opportunities in the Poultry Feed market?
What is Poultry Feed?
What was the Poultry Feed market size in 2023?
What will be the CAGR at which the Poultry Feed market will grow?
What is the growth rate of the Poultry Feed Market?
Which are the factors expected to drive the Poultry Feed market growth?
What are the different segments of the Poultry Feed Market?

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective