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Compound Feed Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 131
  • SKU: IRTNTR74062
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The compound feed market share is expected to increase by USD 8.95 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.44%.

This compound feed market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers compound feed market segmentation by application (poultry feed, cattle and buffaloes, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The compound feed market report also offers information on several market vendors, including Alltech Inc., Archer Daniels Midland Co., BASF SE, Cargill Inc., Charoen Pokphand Foods PCL, De Heus Voeders BV, Evonik Industries AG, Feed One Co. Ltd., George Weston Foods Ltd., Guangdong Haid Group Co. Ltd., International Flavors and Fragrances Inc, Kent Corp., Koninklijke DSM NV, Land O Lakes Inc., Mitsui and Co. Ltd., New Hope Group Co. Ltd., Novozymes AS, Nutreco NV, Sojitz Corp., and United Animal Health Inc. among others.

What will the Compound Feed Market Size be During the Forecast Period?

Compound Feed Market Size

Download Report Sample to Unlock the Compound Feed Market Size for the Forecast Period and Other Important Statistics

 

Compound Feed Market: Key Drivers, Trends, and Challenges

The increasing meat production and consumption is notably driving the compound feed market growth, although factors such as growing consumer inclination toward vegan food may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the compound feed industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Compound Feed Market Driver

One of the key factors driving growth in the compound feed market is the increasing meat production and consumption. There has been an exponential increase in the global chicken meat production and the global per capita global consumption of meat due to the rapid population growth worldwide. All these factors, combined with the expansion of production capacity and supply of compound feed, are driving the global animal feed industry, as well as the compound feed market. An exponential increase in meat production and consumption is mainly being witnessed in North America, South America, Europe, and MEA. The growing economy has boosted the production and consumption of meat, which has also improved the sales of compound feed. Developments in breeding, nutrition, and animal health are key drivers that will continue to contribute to the increasing potential production and further efficiency. The key competitors are producing a large amount of compound feed to meet the livestock nutritional requirements, which will result in significant growth in the global compound feed market.

Key Compound Feed Market Trend

The emergence of private-label brands is a compound feed market trend that is expected to have a positive impact in the coming years. A major factor that is influencing the growth of the global compound feed market is the increasing prominence of private-label brand products. Private-label brand products are manufactured and sold by retailers. Major retailers across the globe are coming up with their brands of compound feeds. During the past decade, the private-label product segment has grown in terms of scope and size. Unlike branded products, private-label products are priced less. Thus, price-sensitive consumers are more likely to purchase private-label products. The demand for private-label brands is expected to increase, which, in turn, will fuel the growth of the global compound feed market.

Key Compound Feed Market Challenge

The growing consumer inclination toward vegan food will be a major challenge for the compound feed market during the forecast period. Health-conscious consumers prefer food products and ingredients that do not lead to health issues. Therefore, plant-based food products are gaining popularity among health-conscious consumers globally. One of the reasons for the shift toward a plant-based diet is the health and food safety concerns associated with animal-based food products among consumers. Vegan consumers usually avoid animal-based products in their diet, which increases the demand for plant-based diets among consumers. The growing popularity of the vegan diet and the increasing number of people adopting a vegan lifestyle will negatively impact the growth of the global meat market, which can, in turn, hamper the growth of the global compound feed market.

This compound feed market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global compound feed market as a part of the global packaged foods and meats market under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the compound feed market during the forecast period.

Who are the Major Compound Feed Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alltech Inc.
  • Archer Daniels Midland Co.
  • BASF SE
  • Cargill Inc.
  • Charoen Pokphand Foods PCL
  • De Heus Voeders BV
  • Evonik Industries AG
  • Feed One Co. Ltd.
  • George Weston Foods Ltd.
  • Guangdong Haid Group Co. Ltd.
  • International Flavors and Fragrances Inc
  • Kent Corp.
  • Koninklijke DSM NV
  • Land O Lakes Inc.
  • Mitsui and Co. Ltd.
  • New Hope Group Co. Ltd.
  • Novozymes AS
  • Nutreco NV
  • Sojitz Corp.
  • United Animal Health Inc.

 

This statistical study of the compound feed market encompasses successful business strategies deployed by the key vendors. The compound feed market is fragmented and the vendors are deploying growth strategies such as distinguishing their product and service offerings through a clear and unique value proposition to compete in the market.

Product Insights and News

  • alltech.com - The company offers compound feeds for dairy cows, beef cattle, poultry, pig, and equine.

  • alltech.com - Under the animal nutrition segment, the company offers animal nutrition for dairy cows, beef cattle, poultry, pig, aquaculture, equine, and pet.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The compound feed market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Compound Feed Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the compound feed market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Compound Feed Market?

Compound Feed Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

39% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for compound feed in North America. Market growth in this region will be faster than the growth of the market in other regions.

The increasing cattle population and growing meat production will facilitate the compound feed market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the COVID-19 outbreak occurred widely across North America, especially in the US, Owing to the rising number of deaths from COVID-19, many North American countries, including the US, Canada, Mexico implemented nationwide lockdowns. However, in 2021, the region gradually propelled its economic activities and simultaneously conducted large-scale vaccination drives, which further supported the growth of the regional economy. This is expected to further boost the growth of the regional livestock activities and, consequently, drive the growth of the regional compound feed market during the forecast period.

What are the Revenue-generating Application Segments in the Compound Feed Market?

Compound Feed Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The compound feed market share growth by the poultry feed segment will be significant during the forecast period. The increasing consumption of poultry meat will drive the demand for poultry feed products during the forecast period. To meet the rising demand for poultry meat, market vendors increase poultry production. The introduction of new products by market vendors will also drive the growth of the poultry feed segment in the global compound feed market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the compound feed market size and actionable market insights on post COVID-19 impact on each segment.

 

Compound Feed Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.44%

Market growth 2022-2026

$ 8.95 billion

Market structure

Fragmented

YoY growth (%)

2.31

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 39%

Key consumer countries

US, Canada, China, UK, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alltech Inc., Archer Daniels Midland Co., BASF SE, Cargill Inc., Charoen Pokphand Foods PCL, De Heus Voeders BV, Evonik Industries AG, Feed One Co. Ltd., George Weston Foods Ltd., Guangdong Haid Group Co. Ltd., International Flavors and Fragrances Inc, Kent Corp., Koninklijke DSM NV, Land O Lakes Inc., Mitsui and Co. Ltd., New Hope Group Co. Ltd., Novozymes AS, Nutreco NV, Sojitz Corp., and United Animal Health Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the  forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Compound Feed Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive compound feed market growth during the next five years
  • Precise estimation of the compound feed market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the compound feed industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of compound feed market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Poultry feed - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Poultry feed - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Poultry feed - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Poultry feed - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Poultry feed - Year-over-year growth 2021-2026 (%)
    • 5.4 Cattles and buffaloes - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Cattles and buffaloes - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Cattles and buffaloes - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Cattles and buffaloes - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Cattles and buffaloes - Year-over-year growth 2021-2026 (%)
    • 5.5 Others - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Application
      • Exhibit 40: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 UK - Market size and forecast 2021-2026
      • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.10 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Alltech Inc.
              • Exhibit 93: Alltech Inc. - Overview
              • Exhibit 94: Alltech Inc. - Product / Service
              • Exhibit 95: Alltech Inc. - Key offerings
            • 10.4 Archer Daniels Midland Co.
              • Exhibit 96: Archer Daniels Midland Co. - Overview
              • Exhibit 97: Archer Daniels Midland Co. - Business segments
              • Exhibit 98: Archer Daniels Midland Co. - Key offerings
              • Exhibit 99: Archer Daniels Midland Co. - Segment focus
            • 10.5 Cargill Inc.
              • Exhibit 100: Cargill Inc. - Overview
              • Exhibit 101: Cargill Inc. - Product / Service
              • Exhibit 102: Cargill Inc. - Key news
              • Exhibit 103: Cargill Inc. - Key offerings
            • 10.6 Charoen Pokphand Foods PCL
              • Exhibit 104: Charoen Pokphand Foods PCL - Overview
              • Exhibit 105: Charoen Pokphand Foods PCL - Business segments
              • Exhibit 106: Charoen Pokphand Foods PCL - Key news
              • Exhibit 107: Charoen Pokphand Foods PCL - Key offerings
              • Exhibit 108: Charoen Pokphand Foods PCL - Segment focus
            • 10.7 De Heus Voeders BV
              • Exhibit 109: De Heus Voeders BV - Overview
              • Exhibit 110: De Heus Voeders BV - Product / Service
              • Exhibit 111: De Heus Voeders BV - Key offerings
            • 10.8 Guangdong Haid Group Co. Ltd.
              • Exhibit 112: Guangdong Haid Group Co. Ltd. - Overview
              • Exhibit 113: Guangdong Haid Group Co. Ltd. - Business segments
              • Exhibit 114: Guangdong Haid Group Co. Ltd. - Key offerings
              • Exhibit 115: Guangdong Haid Group Co. Ltd. - Segment focus
            • 10.9 International Flavors and Fragrances Inc
              • Exhibit 116: International Flavors and Fragrances Inc - Overview
              • Exhibit 117: International Flavors and Fragrances Inc - Business segments
              • Exhibit 118: International Flavors and Fragrances Inc - Key news
              • Exhibit 119: International Flavors and Fragrances Inc - Key offerings
              • Exhibit 120: International Flavors and Fragrances Inc - Segment focus
            • 10.10 Land O Lakes Inc.
              • Exhibit 121: Land O Lakes Inc. - Overview
              • Exhibit 122: Land O Lakes Inc. - Product / Service
              • Exhibit 123: Land O Lakes Inc. - Key offerings
            • 10.11 Mitsui and Co. Ltd.
              • Exhibit 124: Mitsui and Co. Ltd. - Overview
              • Exhibit 125: Mitsui and Co. Ltd. - Business segments
              • Exhibit 126: Mitsui and Co. Ltd. - Key offerings
              • Exhibit 127: Mitsui and Co. Ltd. - Segment focus
            • 10.12 Sojitz Corp.
              • Exhibit 128: Sojitz Corp. - Overview
              • Exhibit 129: Sojitz Corp. - Business segments
              • Exhibit 130: Sojitz Corp. - Key news
              • Exhibit 131: Sojitz Corp. - Key offerings
              • Exhibit 132: Sojitz Corp. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 133: Inclusions checklist
                • Exhibit 134: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 135: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 136: Research methodology
                • Exhibit 137: Validation techniques employed for market sizing
                • Exhibit 138: Information sources
              • 11.5 List of abbreviations
                • Exhibit 139: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
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              Compound Feed Market market growth will increase by $8.95 bn during 2022-2026.
              The compound feed market market is expected to grow at a CAGR of 4.44% during 2022-2026.
              Technavio has segmented the compound feed market market by application (poultry feed, cattle and buffaloes, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
              Alltech Inc., Archer Daniels Midland Co., BASF SE, Cargill Inc., Charoen Pokphand Foods PCL, De Heus Voeders BV, Evonik Industries AG, Feed One Co. Ltd., George Weston Foods Ltd., Guangdong Haid Group Co. Ltd., International Flavors and Fragrances Inc, Kent Corp., Koninklijke DSM NV, Land O Lakes Inc., Mitsui and Co. Ltd., New Hope Group Co. Ltd., Novozymes AS, Nutreco NV, Sojitz Corp., United Animal Health Inc. are a few of the key vendors in the compound feed market market.
              North America will register the highest growth rate of 39% among the other regions. Therefore, the compound feed market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the compound feed market market growth are:
              • Increasing meat production and consumption
              • Emergence of private-label brands
              The compound feed market market vendors should focus on grabbing business opportunities from the poultry feed segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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