Poultry feed ingredients are broadly classified into protein meals, cereal grains, oils, feed additives, and feed additives. Cereal grains such as corn, wheat, and others are mainly used to fulfil the energy requirement of the poultry.
Corn is the most commonly used poultry feed used across the world owing to its high energy content of 3300 kcal/kg than other feed types such as wheat sorghum, barley, oats, and other types.
Feed additives are also incorporated in common feed types to increase their nutritional content and ensuring better health of poultry. Therefore several manufacturers in the poultry feed market are launching feed additives to increase their revenue.
- In 2020, Layn Corp. launched botanical based poultry feed additive called TruGro MAX which helps in improving birds oxidative status and supports gut health. With this product launch the company is growing stronger in poultry feed market.
A recent market study published by Future Market Insights on the poultry feed market offers global industry analysis for 2015-2019 & opportunity assessment for 2020–2030. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters of the poultry feed market, the growth prospects of the market are obtained with maximum precision.
For more insights into the market, request a sample of this report@https://www.futuremarketinsights.com/reports/sample/rep-gb-716
https://www.futuremarketinsights.com/reports/poultry-feed-market
Market Segmentation
The global poultry feed market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Livestock
- Layers
- Broilers
- Turkeys
- Duck
Nature
- Conventional
- Organic
Feed Type
- Corn
- Wheat
- Barley
- Soybean
- Others (Sunflower seed, oats, sorghum)
Form
- Granules
- Pellets
- Powder
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-716
Key Questions Answered by the Report
- What is the size of the poultry feed market?The poultry feed market has been estimated to surpass a value of US$ 174.5 million in 2020, with steady growth between 2020 and 2030.
- Which are the largest markets for poultry feed?Asia Pacific has been identified as a highly profitable market for poultry feed. Major feed production and export rates from China, Japan, and India contribute to growth prospects.
- Which are the top companies in poultry feed market?Alltech International, Henraajh Feeds India Pvt. Ltd., The Archer Daniels Midland Co., Japfa Comfeed India Private Limited, Cargill Inc., East Hope Group Company Limited, Novus International Inc., Weston Animal Nutrition, Associated British Foods plc, and Charoen Pokphand Foods PCL are among the leading market players in the global poultry feed market.
- What are some changes in application of poultry feed?Poultry feed manufacturers are pushing to increase the nutritive profile of feed ingredients , which has resulted in a transition from corn towards soybean.
- In what types are poultry feed available?Manufacturers produce poultry feed in four types – corn, wheat, barley, and soybeans. Corn variants account for higher demand.
- What is the outlook of the Asia Pacific poultry feed market?The presence of major poultry feed producers in APAC, coupled with low labor costs, and abundance of agriculture land allow market players to gain traction in the near future.
- What are the key challenges to poultry feed market players?With the strong increase in poultry consumption, the industry has been pushed to produce more meat at a faster rate. Meeting the growing demand and reducing health risks while minimizing the use of antibiotics in feeds remains a challenge.