PUBLISHER: SkyQuest | PRODUCT CODE: 1636941
PUBLISHER: SkyQuest | PRODUCT CODE: 1636941
Global Layers Feed Market size was valued at USD 125.63 billion in 2023 and is poised to grow from USD 133.54 billion in 2024 to USD 217.72 billion by 2032, growing at a CAGR of 6.3% during the forecast period (2025-2032).
Market insights reveal a growing demand for layer feed, driven by its role in enhancing egg production while maintaining the health of laying hens. This feed is essential as it provides hens with the necessary nutrients to produce high-quality eggs. Factors contributing to this trend include increasing global per capita income, heightened awareness of the health benefits associated with egg consumption, and the widespread availability of eggs. As consumers increasingly seek healthier food options, the demand for nutritious eggs is expected to surge, leading to a projected rise in layer feed demand worldwide during the forecast period. This presents significant opportunities for producers and suppliers in the agricultural sector.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Layers Feed 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 Layers Feed Market Segmental Analysis
Global Layers Feed Market is segmented by Type, Ingredient, Form, Distribution Channel and Region. Based on Type, the market is segmented into Starter Feed, Grower Feed and Finisher Feed. Based on Ingredient, the market is segmented into Cereal Grains, Oil Meals and Additives. Based on Form, the market is segmented into Mash, Pellets and Crumbles. Based on Distribution Channel, the market is segmented into Direct Sales and Indirect Sales. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Layers Feed Market
The Layer Feed market is experiencing significant growth, particularly in emerging economies where globalization and increasing consumer incomes have created numerous opportunities for poultry businesses. This growth is primarily driven by the rising demand for enhanced products and the need for effective disease prevention, both of which are essential for improving egg production rates. As farmers recognize layer farming as a viable source of income, there is a notable increase in the demand for high-quality, nutritional feed tailored for various hen flocks. Consequently, this multifaceted demand is expected to propel the layer feed market throughout the forecast period.
Restraints in the Global Layers Feed Market
The layers feed market is currently facing significant challenges due to rising raw material costs, coupled with stagnant or declining retail prices for eggs in various countries. This combination of factors poses a restraint on demand, leading to a slowdown in growth for the layers feed market throughout the analysis period. As producers grapple with the escalating costs of feed ingredients while struggling to maintain profitability amid falling egg prices, the overall health of the industry is jeopardized, potentially impacting production levels and market dynamics in the foreseeable future. Addressing these issues is crucial for revitalizing growth in the sector.
Market Trends of the Global Layers Feed Market
The Global Layers Feed market is witnessing a significant shift towards organic feed, driven by consumer demand for higher quality and ethically produced eggs. While organic feed typically comes at a higher price point compared to conventional options, it is increasingly favored for its benefits, such as promoting larger and tastier eggs from hens. This trend is bolstered by the strict regulations surrounding organic layers feed, which prohibit the use of antibiotics, hormones, herbicides, synthetic fertilizers, GMOs, and pesticides. As health-conscious consumers prioritize sustainability and animal welfare, the market for organic layers feed is expected to grow robustly in the coming years.