PUBLISHER: SkyQuest | PRODUCT CODE: 1624132
PUBLISHER: SkyQuest | PRODUCT CODE: 1624132
Global Poultry Nutrition Market size was valued at USD 191.98 billion in 2023 and is poised to grow from USD 199.28 billion in 2024 to USD 268.55 billion by 2032, growing at a CAGR of 3.8% during the forecast period (2025-2032).
Over the past decade, the production of farm animal species has steadily increased, with expectations for this trend to persist. Notably, the poultry industry has experienced the most significant growth, driven by rising global demand for chicken and eggs that effectively meet the nutritional needs of a growing population. This sector is crucial in addressing nutritional requirements, particularly in developing countries where economic improvements have led to increased demand for animal products, especially poultry. As a result, the global demand for poultry nutrition is projected to escalate, reflecting the intertwined influence of economic growth and dietary shifts. This positions the poultry industry as a key player in fulfilling global food security goals in the near future.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Poultry Nutrition market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Poultry Nutrition Market Segmental Analysis
Global Poultry Nutrition Market is segmented by Type, Poultry Type, Application and region. Based on Type, the market is segmented into Carbohydrates, Fats, Proteins, Vitamins, Minerals and Water. Based on Poultry Type, the market is segmented into Broilers, Layers Hens, Turkeys, Ducks, Game Birds, Ratites and Pet Birds. Based on Application, the market is segmented into Broiler Feed, Layers Feed and Other Poultry Feed. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Poultry Nutrition Market
The global poultry nutrition market is primarily driven by the increasing demand for poultry meat products, which is significantly contributing to market growth. As industrial livestock production rises, there is an accompanying surge in the need for organic feed. Poultry diets typically require approximately 60% protein, 13% fat, and 3% calcium, necessitating the use of ingredients such as poultry by-products and fish meal to fulfill these dietary requirements. Notably, by-products constitute around 50% of the live market weight of ruminants and 30% for poultry, as these waste materials are processed and repurposed as essential feed sources for poultry, further fueling market expansion.
Restraints in the Global Poultry Nutrition Market
A significant restraint on the Global Poultry Nutrition market lies in the price volatility of feed products, which can impede market growth. The interplay between the quality and pricing of these feed products is critical, with suppliers exerting considerable influence within the poultry feed sector. To stabilize prices amidst fluctuations, poultry feed companies might increasingly opt to produce raw materials in-house. This shift could alter the sourcing dynamics within the market, impacting supply chains and potentially leading to further challenges in maintaining consistent feed quality and pricing for poultry producers worldwide.
Market Trends of the Global Poultry Nutrition Market
The global poultry nutrition market is experiencing a significant shift towards the incorporation of additives in poultry feed, driven by a heightened focus on improving feed conversion ratios (FCR) and overall poultry health. Farmers are increasingly turning to a diverse range of supplements, including vitamins, minerals, enzymes, probiotics, and prebiotics, to enhance nutritional profiles and productivity in their flocks. This trend underscores a larger movement towards optimized feed formulations that not only boost performance but also align with consumer demand for healthier, sustainably raised poultry products. Consequently, the demand for conventional feed enriched with these additives has surged, reflecting a broader evolution in poultry farming practices.