PUBLISHER: Value Market Research | PRODUCT CODE: 1547837
PUBLISHER: Value Market Research | PRODUCT CODE: 1547837
The global demand for Poultry Feed Market is presumed to reach the market size of nearly USD 350.48 Billion by 2032 from USD 223.04 Billion in 2023 with a CAGR of 5.15% under the study period 2024-2032.
Poultry feed is food for poultry such as ducks, chickens, geese, and other domestic birds. Healthy poultry feed consists of enough amount of proteins, carbohydrates, minerals, vitamins, and other nutrients. The feed must be clean and should not be contaminated. The contaminated feed may cause infections to the poultry. The types of poultry feed include broiler, layer, turkey, and others. Meat and eggs, which are poultry products, are rich sources of proteins. Proteins play a vital role in building bones, muscles, and skin cartilage. Proteins are immune boosters. Owing to the health benefits of proteins, the demand for protein-rich diet is rising all over the world.
Eggs and chicken meat both are rich in protein content and economical. The increasing demand for poultry feed is attributed to the growing demand for eggs and chicken meat. Furthermore, factors such as increasing awareness about protein-rich diet, growing demand for animal protein, and rising poultry meat and egg industry are fuelling the global market. During the COVID-19 pandemic, the global poultry feed market is supposed to prosper owing to increasing preference to boost immunity by adding egg and meat in a regular diet. However, supply chain disruptions may cause some restraints to the market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Poultry Feed. The growth and trends of Poultry Feed industry provide a holistic approach to this study.
This section of the Poultry Feed market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Poultry Feed market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Poultry Feed market include Royal DSM N.V., Alltech Inc., Novus International Inc., Evonik Industries, Kent Nutrition Group Inc., BASF. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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