Poultry Feed Market - Global Poultry Feed Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - (By Type Coverage, By Additive Coverage, By Geographic Coverage and By Company)

Description

The global poultry feed market is set to witness a substantial surge, with projections indicating a remarkable growth trajectory from US$186.8 billion in 2022 to a staggering US$288.8 billion by 2030. This significant expansion, forecasted at a Compound Annual Growth Rate (CAGR) of 5.6% during the period spanning 2023 to 2030, reflects dynamic shifts in consumer preferences, technological advancements, and emerging market trends.

Precision Feeding Drives Growth

One of the key drivers of this exponential growth is the increasing demand for precision feeding practices within the poultry industry. Precision feeding revolutionizes traditional feed management approaches by leveraging data-driven strategies to tailor feed compositions to the specific nutritional requirements of each bird. This precision not only optimizes resource utilization but also enhances feed conversion ratios, leading to substantial cost efficiencies for poultry producers. By ensuring each bird receives precise nutrients tailored to its physiological needs, precision feeding minimizes wastage and maximizes productivity, thus driving the growth of the poultry feed market.

Sustainable Feed Production on the Rise

Another pivotal trend fueling the expansion of the poultry feed market is the rapid adoption of sustainable feed production methods. With an increasing emphasis on environmental sustainability and resource efficiency, poultry feed manufacturers are prioritizing the development of feed formulations that minimize ecological footprints. Sustainable feed production practices focus on the judicious use of water, energy, and land resources, thereby mitigating environmental impacts associated with feed production. By embracing sustainability, feed manufacturers not only contribute to environmental conservation but also enhance their long-term profitability by reducing production costs. As consumers become increasingly environmentally conscious, the demand for sustainably sourced poultry products continues to rise, further bolstering the growth of the poultry feed market.

Challenges and Opportunities

Despite promising growth prospects, the poultry feed industry faces several challenges that warrant attention. Fluctuations in feed ingredient prices, particularly grains such as wheat, soybean meal, and maize, pose significant challenges to feed manufacturers. Sudden price fluctuations in key feed ingredients can disrupt supply chains and erode profit margins, thereby impacting the overall profitability of poultry feed production. Additionally, the industry is susceptible to the threat of disease outbreaks, such as avian influenza and Newcastle disease, which can have detrimental effects on poultry populations and, consequently, poultry feed demand.

However, amidst these challenges, numerous opportunities abound for innovation and growth within the poultry feed market. The rising demand for organic poultry products presents a significant opportunity for feed manufacturers to develop specialized organic feeds tailored to meet stringent organic farming standards. Moreover, technological advancements in feed formulation and production processes enable feed manufacturers to optimize feed efficiency and enhance the nutritional quality of poultry feeds. By leveraging technological innovations, feed manufacturers can address evolving consumer preferences and market demands, thereby driving growth and competitiveness within the poultry feed industry.

Regional Dynamics

Regionally, the Asia Pacific market is poised to dominate the global poultry feed industry throughout the forecast period. Rapid urbanization, population growth, and increasing disposable incomes in countries such as China and India have led to a significant expansion in poultry consumption, driving the demand for poultry feed in the region. As urbanization accelerates and consumer preferences evolve, the Asia Pacific region continues to witness robust growth in the poultry feed market, making it a key focal point for industry players.

Conversely, North America emerges as a rapidly growing poultry feed market region, driven by persistent demand for high-quality poultry products and changing consumer preferences. The region's well-established poultry industry, characterized by vertical integration and technological sophistication, ensures the production of premium-quality poultry products, thereby driving the demand for specialized poultry feeds. With consumers increasingly opting for healthier protein sources, such as poultry meat and eggs, North America remains a lucrative market for poultry feed manufacturers, offering ample opportunities for expansion and innovation.

Competitive analysis

In a consolidated market landscape, several key players dominate the global poultry feed industry, leveraging innovation and strategic partnerships to maintain their competitive edge. Industry leaders such as Cargill Inc., Alltech, Inc., Archer Daniels Midland, and De Heus B.V. are at the forefront of driving market growth and innovation. By introducing new products, enhancing distribution networks, and investing in research and development, these companies continue to expand their market reach and solidify their positions as market leaders. Moreover, Fairfield Market Research anticipates further consolidation within the industry, with potential mergers and acquisitions reshaping the competitive landscape in the coming years.

Global Poultry Feed Market is Segmented as Below:

By Type:

Layers
Broilers
Turkeys
Others

By Additive:

Antibiotics
Vitamins
Antioxidants
Amino Acid
Feed Enzymes
Feed Acidifiers
Others

By Geographic Coverage:

North America
- U.S.
- Canada
Europe
- Germany
- U.K.
- France
- Italy
- Turkey
- Russia
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Egypt
- Nigeria
- Rest of Middle East & Africa

1. Executive Summary

1.1. Global Poultry Feed Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2022
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. Covid-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Poultry Feed Market Outlook, 2018 - 2030

3.1. Global Poultry Feed Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 3.1.1. Key Highlights
  - 3.1.1.1. Layers
  - 3.1.1.2. Broilers
  - 3.1.1.3. Turkeys
  - 3.1.1.4. Others
3.2. Global Poultry Feed Market Outlook, by Additives, Value (US$ Bn), 2018 - 2030
- 3.2.1. Key Highlights
  - 3.2.1.1. Antibiotics
  - 3.2.1.2. Vitamins
  - 3.2.1.3. Antioxidants
  - 3.2.1.4. Amino Acid
  - 3.2.1.5. Feed Enzymes
  - 3.2.1.6. Feed Acidifiers
  - 3.2.1.7. Others
3.3. Global Poultry Feed Market Outlook, by Region, Value (US$ Bn), 2018 - 2030
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Poultry Feed Market Outlook, 2018 - 2030

4.1. North America Poultry Feed Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 4.1.1. Key Highlights
  - 4.1.1.1. Layers
  - 4.1.1.2. Broilers
  - 4.1.1.3. Turkeys
  - 4.1.1.4. Others
4.2. North America Poultry Feed Market Outlook, by Additives, Value (US$ Bn), 2018 - 2030
- 4.2.1. Key Highlights
  - 4.2.1.1. Antibiotics
  - 4.2.1.2. Vitamins
  - 4.2.1.3. Antioxidants
  - 4.2.1.4. Amino Acid
  - 4.2.1.5. Feed Enzymes
  - 4.2.1.6. Feed Acidifiers
  - 4.2.1.7. Others
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Poultry Feed Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 4.3.1.2. U.S. Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 4.3.1.3. Canada Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 4.3.1.4. Canada Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Poultry Feed Market Outlook, 2018 - 2030

5.1. Europe Poultry Feed Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 5.1.1. Key Highlights
  - 5.1.1.1. Layers
  - 5.1.1.2. Broilers
  - 5.1.1.3. Turkeys
  - 5.1.1.4. Others
5.2. Europe Poultry Feed Market Outlook, by Additives, Value (US$ Bn), 2018 - 2030
- 5.2.1. Key Highlights
  - 5.2.1.1. Antibiotics
  - 5.2.1.2. Vitamins
  - 5.2.1.3. Antioxidants
  - 5.2.1.4. Amino Acid
  - 5.2.1.5. Feed Enzymes
  - 5.2.1.6. Feed Acidifiers
  - 5.2.1.7. Others
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Poultry Feed Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.3.1.2. Germany Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 5.3.1.3. U.K. Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.3.1.4. U.K. Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 5.3.1.5. France Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.3.1.6. France Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 5.3.1.7. Italy Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.3.1.8. Italy Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 5.3.1.9. Turkey Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.3.1.10. Turkey Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 5.3.1.11. Russia Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.3.1.12. Russia Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 5.3.1.13. Rest of Europe Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.3.1.14. Rest of Europe Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Poultry Feed Market Outlook, 2018 - 2030

6.1. Asia Pacific Poultry Feed Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 6.1.1. Key Highlights
  - 6.1.1.1. Layers
  - 6.1.1.2. Broilers
  - 6.1.1.3. Turkeys
  - 6.1.1.4. Others
6.2. Asia Pacific Poultry Feed Market Outlook, by Additives, Value (US$ Bn), 2018 - 2030
- 6.2.1. Key Highlights
  - 6.2.1.1. Antibiotics
  - 6.2.1.2. Vitamins
  - 6.2.1.3. Antioxidants
  - 6.2.1.4. Amino Acid
  - 6.2.1.5. Feed Enzymes
  - 6.2.1.6. Feed Acidifiers
  - 6.2.1.7. Others
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Poultry Feed Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 6.3.1. Key Highlights
  - 6.3.1.1. China Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.3.1.2. China Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 6.3.1.3. Japan Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.3.1.4. Japan Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 6.3.1.5. South Korea Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.3.1.6. South Korea Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 6.3.1.7. India Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.3.1.8. India Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 6.3.1.9. Southeast Asia Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.3.1.10. Southeast Asia Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 6.3.1.11. Rest of Asia Pacific Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.3.1.12. Rest of Asia Pacific Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Poultry Feed Market Outlook, 2018 - 2030

7.1. Latin America Poultry Feed Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 7.1.1. Key Highlights
  - 7.1.1.1. Layers
  - 7.1.1.2. Broilers
  - 7.1.1.3. Turkeys
  - 7.1.1.4. Others
7.2. Latin America Poultry Feed Market Outlook, by Additives, Value (US$ Bn), 2018 - 2030
- 7.2.1. Key Highlights
  - 7.2.1.1. Antibiotics
  - 7.2.1.2. Vitamins
  - 7.2.1.3. Antioxidants
  - 7.2.1.4. Amino Acid
  - 7.2.1.5. Feed Enzymes
  - 7.2.1.6. Feed Acidifiers
  - 7.2.1.7. Others
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Poultry Feed Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.3.1.2. Brazil Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 7.3.1.3. Mexico Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.3.1.4. Mexico Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 7.3.1.5. Argentina Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.3.1.6. Argentina Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 7.3.1.7. Rest of Latin America Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.3.1.8. Rest of Latin America Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Poultry Feed Market Outlook, 2018 - 2030

8.1. Middle East & Africa Poultry Feed Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 8.1.1. Key Highlights
  - 8.1.1.1. Layers
  - 8.1.1.2. Broilers
  - 8.1.1.3. Turkeys
  - 8.1.1.4. Others
8.2. Middle East & Africa Poultry Feed Market Outlook, by Additives, Value (US$ Bn), 2018 - 2030
- 8.2.1. Key Highlights
  - 8.2.1.1. Antibiotics
  - 8.2.1.2. Vitamins
  - 8.2.1.3. Antioxidants
  - 8.2.1.4. Amino Acid
  - 8.2.1.5. Feed Enzymes
  - 8.2.1.6. Feed Acidifiers
  - 8.2.1.7. Others
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Poultry Feed Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.3.1.2. GCC Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 8.3.1.3. South Africa Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.3.1.4. South Africa Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 8.3.1.5. Egypt Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.3.1.6. Egypt Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 8.3.1.7. Nigeria Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.3.1.8. Nigeria Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
  - 8.3.1.9. Rest of Middle East & Africa Poultry Feed Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.3.1.10. Rest of Middle East & Africa Poultry Feed Market Additives, Value (US$ Bn), 2018 - 2030
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Capacity vs Additives Heatmap
9.2. Manufacturer vs Additives Heatmap
9.3. Company Market Share Analysis, 2022
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. Cargill Inc.
- 9.5.2. Alltech, Inc.
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Products Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. Archer Daniels Midland
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Products Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. De Heus B.V.
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Products Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. BASF SE
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Products Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. Charoen Pokphand Foods PCL
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Products Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. Anko Food Machine Co. Ltd.
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Products Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. Berkshire Hathaway Inc.
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Products Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. Hosokawa Micron Corp.
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Products Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development
- 9.5.10. Tetra Laval International S.A.
  - 9.5.10.1. Company Overview
  - 9.5.10.2. Products Portfolio
  - 9.5.10.3. Financial Overview
  - 9.5.10.4. Business Strategies and Development
- 9.5.11. Mallet & Company, Inc.
  - 9.5.11.1. Company Overview
  - 9.5.11.2. Products Portfolio
  - 9.5.11.3. Financial Overview
  - 9.5.11.4. Business Strategies and Development
- 9.5.12. Bucher Industries
  - 9.5.12.1. Company Overview
  - 9.5.12.2. Products Portfolio
  - 9.5.12.3. Financial Overview
  - 9.5.12.4. Business Strategies and Development
- 9.5.13. NICHIMO CO., LTD.
  - 9.5.13.1. Company Overview
  - 9.5.13.2. Products Portfolio
  - 9.5.13.3. Financial Overview
  - 9.5.13.4. Business Strategies and Development
- 9.5.14. SPX Corporation
  - 9.5.14.1. Company Overview
  - 9.5.14.2. Products Portfolio
  - 9.5.14.3. Financial Overview
  - 9.5.14.4. Business Strategies and Development
- 9.5.15. New Hope Group
  - 9.5.15.1. Company Overview
  - 9.5.15.2. Products Portfolio
  - 9.5.15.3. Financial Overview
  - 9.5.15.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations