GCC Compound Feed Market Trend, Development & Future Prospects to 2030

According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on GCC Compound Feed Market - Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

GCC Compound Feed Market Analysis and Size

The GCC Compound Feed Market is estimated to grow at a CAGR of around 7.18% during the forecast period, i.e., 2024-30.

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Some of the major players operating in the GCC Compound Feed Market are Feed Additive Providers: Cargill Middle East DMCC, ADM Europe Middle East & Africa Evonik Middle East and Africa (MEA) BASF Middle East LLC, Adisseo Animal Nutrition DMCC Compound Feed Providers: ARASCO Feed (WAFI), Trouw Nutrition Middle East and Africa Export, IFFCO Animal Nutrition, Kuwait Animal Feed Factory (KAFF), Oman Flour Mills S.A.O.G., and Omani National Livestock Development Co (S.A.O.C), others

GCC Compound Feed Market Growth Driver:

Escalating Demand for High-quality Meat & Meat Products to Boost Market Growth – The surging middle-class population and changing dietary preferences have streamed the demand for meat products across the region. The burgeoning tourism in countries such as Saudi Arabia, the UAE, Qatar, etc., has further amplified the need for a diverse and high-quality food supply, including meat products. For Instance:

In 2021, the per capita meat consumption in Saudi Arabia was about 3.91kg, which increased to around 4.0 in 2022.

Further, as the livestock sector expands to meet the growing appetite for meat products, there is a heightened requirement for nutritionally balanced & efficient feed solutions. Compound feed products provide various nutritional benefits & support the optimal growth, health, and productivity of livestock, creating immense demand in the region and augmenting the GCC Compound Feed Market growth.

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Market Segment and Geographical Analysis

By Animal Type

Ruminants- Market Size & Forecast 2019-2030F, (Thousand Tons)
Poultry- Market Size & Forecast 2019-2030F, (Thousand Tons)
Aquaculture- Market Size & Forecast 2019-2030F, (Thousand Tons)
Equine- Market Size & Forecast 2019-2030F, (Thousand Tons)

By Form

Mash- Market Size & Forecast 2019-2030F, (Thousand Tons)
Pellets- Market Size & Forecast 2019-2030F, (Thousand Tons)
Crumbles- Market Size & Forecast 2019-2030F, (Thousand Tons)

By Distribution Channel

Direct Sales- Market Size & Forecast 2019-2030F, (Thousand Tons)
Dealers & Distributors- Market Size & Forecast 2019-2030F, (Thousand Tons)

By Country

The UAE
Saudi Arabia
Qatar
Kuwait
Bahrain
Oman

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