PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1511305
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1511305
According to Stratistics MRC, the Global Organic Poultry Feed Market is accounted for $827.70 million in 2024 and is expected to reach $1228.29 million by 2030 growing at a CAGR of 6.8% during the forecast period. Feed that is produced and grown without the use of artificial fertilizers, pesticides, genetically modified organisms (GMOs), or other artificial additives is referred to as organic poultry feed. Organic poultry feed frequently consists of grains that have been grown organically, such as corn and soybeans, along with vitamins, minerals, and occasionally herbs or probiotics to naturally support the health of the birds.
According to the American Medical Association, Regular physical activity can help prevent chronic diseases such as heart disease, diabetes, and stroke.
Growing consumer interest in organic goods
A combination of environmental concerns, consumer preference for safer food options, and health consciousness is driving demand for organic poultry feed. Organic poultry feed is considered a healthier option by consumers who prioritize their health and avoid products that contain synthetic pesticides and additives. Additionally, due to organic farming practices that improve soil health, water quality, and biodiversity, environmental awareness further supports these practices, which include the production of poultry feed.
Rise in expenses and premium prices
Due to organic farming practices and organic-certified ingredients used, producing organic poultry feed usually entails higher costs than producing conventional feed. Farmers have costs associated with obtaining organic certification, locating ingredients for organic feed, and putting sustainable farming practices into practice. Furthermore, prices for organic poultry feed products are frequently higher due to these increased production costs, which may restrict consumer affordability and market penetration, especially in price-sensitive markets.
Growing the use of organic farming methods
Globally, organic farming methods are being supported by governments and agricultural organizations through policy support, incentives, and subsidies. More farmers are switching to organic production practices, such as using organic poultry feed, owing to the supportive regulatory environment. Moreover, as organic agriculture grows, there are more opportunities for producers and suppliers of organic feed ingredients to satisfy the increasing demand from poultry farmers who want to adhere to organic standards.
Supply volatility for organic feed ingredients
Organic feed ingredients, including grains and protein sources, are subject to fluctuations in availability and pricing due to external factors like weather patterns, global market trends, and geopolitical events. Additionally, prices for organic feed ingredients can become unstable due to variations in supply and demand, which can have an impact on the profitability and production costs of organic poultry feed suppliers.
On the market for organic poultry feed, the COVID-19 pandemic had conflicting effects. At the beginning, supply chain disruptions and logistical difficulties impacted the availability of ingredients for organic feed and distribution networks, which resulted in brief variations in product availability and cost. However, as people looked for substitutes they believed to be safer and healthier, the pandemic's increased public awareness of food safety and health raised demand for organic products, including poultry feed. The pandemic has demonstrated the organic poultry feed market's resilience and potential in the face of global disruptions. This has led to sustained interest in the industry and its adaptation to changing consumer preferences and market conditions.
The Layer segment is expected to be the largest during the forecast period
In the market for organic poultry feed, the layer segment has the largest share. This dominance is fueled by the enduring demand for organic eggs, which are a staple in many homes and valued for their purported health benefits and ethical production methods. In order to ensure the best possible egg production and quality, organic layer feed is designed to satisfy the dietary requirements of laying hens. Moreover, the market for organic layer feed has been driven by consumers' growing preference for organic eggs as well as their increased awareness of animal welfare and sustainable farming methods.
The Oilseed Meal segment is expected to have the highest CAGR during the forecast period
In the market for organic poultry feed, the oilseed meal segment is anticipated to grow at the highest CAGR. This increase is explained by the growing need for high-protein feed ingredients, which are critical to the health and growth of chickens. Organic oilseed meals-like canola and soybean meal-are an important part of poultry diets because they are high in nutrients and essential amino acids. Additionally, the need for organic oilseed meals to replace conventional protein sources and the growing use of organic farming techniques has created a demand for oilseed meals.
The market for organic poultry feed is dominated by North America. Strong consumer demand for organic products, a well-established organic farming industry, and favourable regulatory frameworks all contribute to this region's dominance. Due to rising consumer awareness of environmental and health issues, organic poultry products are particularly popular in the United States. Furthermore, advanced farming techniques and the presence of major industry players support the supply and production of organic poultry feed.
The market for organic poultry feed is anticipated to grow at the highest CAGR in the Asia-Pacific region. Rising disposable incomes, a move toward healthier and more sustainable food options, and growing consumer awareness of and demand for organic products are all contributing factors to this rapid growth. With the help of government programs and laws encouraging organic farming methods, nations like China and India are witnessing notable growth in their organic agriculture sectors. Moreover, the growing middle class in these nations is also increasing the demand for premium organic poultry products.
Key players in the market
Some of the key players in Organic Poultry Feed market include Novus International, Chr. Hansen Holding A/S , Scratch and Peck Feeds , DSM, Texas Natural Feeds, Associated British Foods plc, Kent Nutrition Group, Cargill, Incorporated, Evonik Industries AG, DuPont, SunOpta, BASF SE, Nature's Best Organic Feeds and J. D. Heiskell & Co.
In June 2024, Chemical company BASF has announced a significant long-term supply agreement with circular chemical manufacturer Encina Development Group for circular benzene. Benzene is a chemically recycled product derived from post-consumer plastics. The partnership is a strategic move towards enhancing the circular economy and integrating sustainable raw materials into BASF's production.
In June 2024, DSM-firmenich announces that it has signed a cross guarantee agreement between DSM B.V., Firmenich International SA and DSM-Firmenich AG, to mitigate structural subordination in the group. The agreement allows the group to develop a centralized financing structure, in line with its commitment to maintain strong investment grade ratings, and develop a pari-passu platform for existing and future senior unsecured notes.
In August 2023, DuPont announced a definitive agreement to sell an 80.1% ownership interest in the Delrin(R) acetal homopolymer (H-POM) business1 to TJC LP (TJC) in a transaction valuing the business at $1.8 billion. TJC has received fully committed financing in connection with the transaction, which is expected to close around year-end 2023, subject to customary closing conditions and regulatory approval.
According to Stratistics MRC, the Global Organic Poultry Feed Market is accounted for $827.70 million in 2024 and is expected to reach $1228.29 million by 2030 growing at a CAGR of 6.8% during the forecast period. Feed that is produced and grown without the use of artificial fertilizers, pesticides, genetically modified organisms (GMOs), or other artificial additives is referred to as organic poultry feed. Organic poultry feed frequently consists of grains that have been grown organically, such as corn and soybeans, along with vitamins, minerals, and occasionally herbs or probiotics to naturally support the health of the birds. Moreover, farmers and consumers who want to reduce the use of chemicals in agriculture and encourage environmentally friendly methods in the production of poultry are big fans of this kind of feed.
According to the American Medical Association, Regular physical activity can help prevent chronic diseases such as heart disease, diabetes, and stroke.
Growing consumer interest in organic goods
A combination of environmental concerns, consumer preference for safer food options, and health consciousness is driving demand for organic poultry feed. Organic poultry feed is considered a healthier option by consumers who prioritize their health and avoid products that contain synthetic pesticides and additives. Additionally, due to organic farming practices that improve soil health, water quality, and biodiversity, environmental awareness further supports these practices, which include the production of poultry feed.
Rise in expenses and premium prices
Due to organic farming practices and organic-certified ingredients used, producing organic poultry feed usually entails higher costs than producing conventional feed. Farmers have costs associated with obtaining organic certification, locating ingredients for organic feed, and putting sustainable farming practices into practice. Furthermore, prices for organic poultry feed products are frequently higher due to these increased production costs, which may restrict consumer affordability and market penetration, especially in price-sensitive markets.
Growing the use of organic farming methods
Globally, organic farming methods are being supported by governments and agricultural organizations through policy support, incentives, and subsidies. More farmers are switching to organic production practices, such as using organic poultry feed, owing to the supportive regulatory environment. Moreover, as organic agriculture grows, there are more opportunities for producers and suppliers of organic feed ingredients to satisfy the increasing demand from poultry farmers who want to adhere to organic standards.
Supply volatility for organic feed ingredients
Organic feed ingredients, including grains and protein sources, are subject to fluctuations in availability and pricing due to external factors like weather patterns, global market trends, and geopolitical events. Additionally, prices for organic feed ingredients can become unstable due to variations in supply and demand, which can have an impact on the profitability and production costs of organic poultry feed suppliers.
On the market for organic poultry feed, the COVID-19 pandemic had conflicting effects. At the beginning, supply chain disruptions and logistical difficulties impacted the availability of ingredients for organic feed and distribution networks, which resulted in brief variations in product availability and cost. However, as people looked for substitutes they believed to be safer and healthier, the pandemic's increased public awareness of food safety and health raised demand for organic products, including poultry feed. The pandemic has demonstrated the organic poultry feed market's resilience and potential in the face of global disruptions. This has led to sustained interest in the industry and its adaptation to changing consumer preferences and market conditions.
The Layer segment is expected to be the largest during the forecast period
In the market for organic poultry feed, the layer segment has the largest share. This dominance is fueled by the enduring demand for organic eggs, which are a staple in many homes and valued for their purported health benefits and ethical production methods. In order to ensure the best possible egg production and quality, organic layer feed is designed to satisfy the dietary requirements of laying hens. Moreover, the market for organic layer feed has been driven by consumers' growing preference for organic eggs as well as their increased awareness of animal welfare and sustainable farming methods.
The Oilseed Meal segment is expected to have the highest CAGR during the forecast period
In the market for organic poultry feed, the oilseed meal segment is anticipated to grow at the highest CAGR. This increase is explained by the growing need for high-protein feed ingredients, which are critical to the health and growth of chickens. Organic oilseed meals-like canola and soybean meal-are an important part of poultry diets because they are high in nutrients and essential amino acids. Additionally, the need for organic oilseed meals to replace conventional protein sources and the growing use of organic farming techniques has created a demand for oilseed meals.
The market for organic poultry feed is dominated by North America. Strong consumer demand for organic products, a well-established organic farming industry, and favourable regulatory frameworks all contribute to this region's dominance. Due to rising consumer awareness of environmental and health issues, organic poultry products are particularly popular in the United States. Furthermore, advanced farming techniques and the presence of major industry players support the supply and production of organic poultry feed.
The market for organic poultry feed is anticipated to grow at the highest CAGR in the Asia-Pacific region. Rising disposable incomes, a move toward healthier and more sustainable food options, and growing consumer awareness of and demand for organic products are all contributing factors to this rapid growth. With the help of government programs and laws encouraging organic farming methods, nations like China and India are witnessing notable growth in their organic agriculture sectors. Moreover, the growing middle class in these nations is also increasing the demand for premium organic poultry products.
Key players in the market
Some of the key players in Organic Poultry Feed market include Novus International, Chr. Hansen Holding A/S , Scratch and Peck Feeds , DSM, Texas Natural Feeds, Associated British Foods plc, Kent Nutrition Group, Cargill, Incorporated, Evonik Industries AG, DuPont, SunOpta, BASF SE, Nature's Best Organic Feeds and J. D. Heiskell & Co.
In June 2024, Chemical company BASF has announced a significant long-term supply agreement with circular chemical manufacturer Encina Development Group for circular benzene. Benzene is a chemically recycled product derived from post-consumer plastics. The partnership is a strategic move towards enhancing the circular economy and integrating sustainable raw materials into BASF's production.
In June 2024, DSM-firmenich announces that it has signed a cross guarantee agreement between DSM B.V., Firmenich International SA and DSM-Firmenich AG, to mitigate structural subordination in the group. The agreement allows the group to develop a centralized financing structure, in line with its commitment to maintain strong investment grade ratings, and develop a pari-passu platform for existing and future senior unsecured notes.
In August 2023, DuPont announced a definitive agreement to sell an 80.1% ownership interest in the Delrin(R) acetal homopolymer (H-POM) business1 to TJC LP (TJC) in a transaction valuing the business at $1.8 billion. TJC has received fully committed financing in connection with the transaction, which is expected to close around year-end 2023, subject to customary closing conditions and regulatory approval.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.