Middle East & Africa Corn and Wheat-Based Feed Market Forecast to 2030 - Regional Analysis - by Product Type and Livestock (Poultry, Ruminants, Swine, Aquaculture, and Others)

Description

List of Tables

The Middle East & Africa corn and wheat-based feed market was valued at US$ 9,540.67 million in 2022 and is expected to reach US$ 12,951.60 million by 2030; it is estimated to register a CAGR of 3.9% from 2022 to 2030.

Increase in Livestock Production Bolster Middle East & Africa Corn and Wheat-Based Feed Market

The demand for livestock products is driven by increasing urbanization, changing lifestyles and food preferences, and the rapidly rising population across the world. According to the Food and Agriculture Organization (FAO), meat protein consumption across the world is predicted to increase by 14% by 2030. Animal protein accounts for 16% of energy and 34% of protein in human diets. World milk production is expected to rise by 1.6% annually between 2020 and 2029 and reach 997 million metric tons in 2029, according to a report by the Organization for Economic Co-operation and Development (OECD) and FAO.

The increasing consumption of protein-rich livestock products such as meat and increasing milk production propel the production of livestock. Livestock production accounts for ~19% of the value of food production and 30% of the global value of agriculture. As shown in the following figure, according to the FAO, the total meat production globally was 235.06 million metric tons in 2001, significantly increasing to 354.82 million metric tons in 2021. Poultry production accounted for a notable growth of 93% from 2001 to 2021.

GLOBAL MEAT PRODUCTION BY LIVESTOCK TYPE (2001-2021)

The rising livestock production has encouraged manufacturers to focus on providing good quality and nutrient-rich feed for livestock. The growth in livestock production creates a demand for corn and wheat-based animal feed as cereals and grains are one of the main sources of energy and nutrients for animals. Corn is one of the major cereals used for animal feed production. Thus, increasing healthy livestock production across the world drives the corn and wheat-based feed market growth.

Middle East & Africa Corn and Wheat-Based Feed Market Overview

In the Middle East & Africa, the demand for corn and wheat-based feed is experiencing a surge due to several unique regional factors. One significant driver is the rapid population growth and urbanization. As urban populations expand, dietary patterns shift toward increased consumption of meat and dairy products. This shift in dietary preferences fuels the growth of the livestock industry, driving up the demand for animal feed. Corn and wheat-based feeds are essential for animal diets due to their nutritional value, affordability, and availability, making them integral to meeting the rising demand for livestock products in the region.

The Middle East & Africa region is experiencing rapid economic growth and increasing disposable income levels, particularly in urban areas. This economic expansion leads to higher levels of meat consumption as consumers have more purchasing power to afford animal products. Consequently, there's a corresponding increase in the demand for feed grains to support the livestock industry's growth and meet the rising demand for meat and dairy products. Corn and wheat-based feeds are favored for their cost-effectiveness and nutritional value, making them essential components of animal diets in the region's expanding urban centers. The Middle East & Africa faces water scarcity and arable land availability challenges, which impact agricultural production. In many parts of the region, water resources are limited, and arable land is scarce, making it challenging to sustain large-scale grain cultivation. As a result, countries in the region rely heavily on imports to meet their feed grain needs. Corn and wheat are among the most commonly imported grains, used primarily for animal feed.

Middle East & Africa Corn and Wheat-Based Feed Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Corn and Wheat-Based Feed Market Segmentation

The Middle East & Africa corn and wheat-based feed market is categorized into product type, livestock, and country.

Based on product type, the Middle East & Africa corn and wheat-based feed market is bifurcated corn-based and wheat-based. The corn-based segment held a larger market share in 2022. The corn-based segment is further sub segmented into corn gluten meal, corn gluten feed, and other corn-based feed. The wheat-based segment is further sub segmented into wheat gluten, wheat bran, and other wheat-based feed.

In terms of livestock, the Middle East & Africa corn and wheat-based feed market is categorized into poultry, ruminants, swine, aquaculture, and others. The poultry segment held the largest market share in 2022.

By country, the Middle East & Africa corn and wheat-based feed market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa corn and wheat-based feed market share in 2022.

Agrana Beteiligungs AG, Archer Daniels Midland Company, Associated British Foods Plc, International Nutritionals Ltd, Nordfeed, and Roquette Freres SA are some of the leading companies operating in the Middle East & Africa corn and wheat-based feed market.

Product Code: BMIRE00030674

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions

4. Middle East & Africa Corn and Wheat-Based Feed Market Landscape

4.1 Market Overview
4.2 Porter's Analysis Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturing Process
- 4.3.3 Distributors or Suppliers
- 4.3.4 End User

5. Middle East & Africa Corn and Wheat-Based Feed Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increase in Livestock Production
- 5.1.2 Benefits of Corn and Wheat in Animal Feed
5.2 Market Restraints
- 5.2.1 Challenges Related to Corn and Wheat Production
5.3 Market Opportunities
- 5.3.1 Growth of Aquaculture Industry
5.4 Future Trends
- 5.4.1 Rising Preference for Organic Feed
5.5 Impact of Drivers and Restraints:

6. Corn and Wheat-Based Feed Market - Middle East & Africa Analysis

6.1 Middle East & Africa Corn and Wheat-Based Feed Market Revenue (US$ Million), 2020-2030
6.2 Middle East & Africa Corn and Wheat-Based Feed Market Forecast Analysis

7. Middle East & Africa Corn and Wheat-Based Feed Market Analysis - by Product Type

7.1 Corn-Based
- 7.1.1 Overview
- 7.1.2 Corn-Based: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.1.3 Corn Gluten Meal
  - 7.1.3.1 Overview
  - 7.1.3.2 Corn Gluten Meal: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.1.4 Corn Gluten Feed
  - 7.1.4.1 Overview
  - 7.1.4.2 Corn Gluten Feed: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.1.5 Other Corn-Based Feed
  - 7.1.5.1 Overview
  - 7.1.5.2 Other Corn-Based Feed: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
7.2 Wheat-Based
- 7.2.1 Overview
- 7.2.2 Wheat-Based: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2.3 Wheat Gluten
  - 7.2.3.1 Overview
  - 7.2.3.2 Wheat Gluten: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2.4 Wheat Bran
  - 7.2.4.1 Overview
  - 7.2.4.2 Wheat Bran: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2.5 Other Wheat-Based Feed
  - 7.2.5.1 Overview
  - 7.2.5.2 Other Wheat-Based Feed: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)

8. Middle East & Africa Corn and Wheat-Based Feed Market Analysis - by Livestock

8.1 Poultry
- 8.1.1 Overview
- 8.1.2 Poultry: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.2 Ruminants
- 8.2.1 Overview
- 8.2.2 Ruminants: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.3 Swine
- 8.3.1 Overview
- 8.3.2 Swine: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Aquaculture
- 8.4.1 Overview
- 8.4.2 Aquaculture: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)

9. Middle East & Africa Corn and Wheat-Based Feed Market - Country Analysis

9.1 Middle East & Africa
- 9.1.1 Middle East & Africa Corn and Wheat-Based Feed Market Breakdown, by Key Countries, 2022 and 2030 (%)
  - 9.1.1.1 Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast Analysis - by Country
  - 9.1.1.2 South Africa: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.1.2.1 South Africa: Middle East & Africa Corn and Wheat-Based Feed Market Breakdown, by Product Type
    - 9.1.1.2.2 South Africa: Middle East & Africa Corn and Wheat-Based Feed Market Breakdown, by Livestock
  - 9.1.1.3 Saudi Arabia: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.1.3.1 Saudi Arabia: Middle East & Africa Corn and Wheat-Based Feed Market Breakdown, by Product Type
    - 9.1.1.3.2 Saudi Arabia: Middle East & Africa Corn and Wheat-Based Feed Market Breakdown, by Livestock
  - 9.1.1.4 UAE: Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.1.4.1 UAE: Middle East & Africa Corn and Wheat-Based Feed Market Breakdown, by Product Type
    - 9.1.1.4.2 UAE: Middle East & Africa Corn and Wheat-Based Feed Market Breakdown, by Livestock
  - 9.1.1.5 Rest of Middle East & Africa Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.1.5.1 Rest of Middle East & Africa Corn and Wheat-Based Feed Market Breakdown, by Product Type
    - 9.1.1.5.2 Rest of Middle East & Africa Corn and Wheat-Based Feed Market Breakdown, by Livestock

10. Competitive Landscape

10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration

11. Company Profiles

11.1 Associated British Foods Plc
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Nordfeed
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Roquette Freres SA
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 International Nutritionals Ltd
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 Agrana Beteiligungs AG
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Archer Daniels Midland Company
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments

12. Appendix

12.1 About The Insight Partners