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Poultry Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 148 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5642352
Description Jump to:
The global poultry feed market size reached US$ 202.3 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 257.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4% during 2023-2028.

Poultry feed refers to the food for poultry, including chickens, ducks, geese, and other domestic birds. It has grains like wheat, barley and sorghum, and protein meals, such as soybean, canola and animal protein. As it can also be supplemented with food obtained through foraging, it provides poultry with the energy required for the development of bone, flesh, feathers, and eggs. At present, there is a rise in the consumption of eggs and meat worldwide, which is positively influencing the requirement for poultry feed.

Poultry Feed Market Trends:

The increasing poultry production across the globe represents one of the key factors bolstering the growth of the market. Moreover, poultry meat consumption enhances the overall quality of the human diet as per different ages, conditions and requirements. It is also suitable for individuals with an increased need for calories and protein. Besides this, the consumption of a balanced diet comprising poultry meat and vegetables help reduce cardiovascular diseases (CVDs) and type 2 diabetes mellitus. Apart from this, there is currently a considerable increase in the demand for chicken meat as it is affordable, readily available, and low in fat. This, coupled with the rising utilization of automatic feeders and drinkers to improve feeding in poultry farming, is driving the market. Furthermore, modern poultry feed is produced by carefully selecting and blending ingredients to provide highly nutritional diet that assists in maintaining the health of the animals and improving the quality of poultry products, such as meat, milk, or eggs. In addition, agricultural scientists are focusing on research, experimentation, and chemical analysis to introduce improvements in existing animal diets. This, along with the increasing global population, is facilitating the growth of the market.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global poultry feed market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on nature, form, additives, animal type and distribution channel.

Breakup by Nature:

  • Conventional
  • Organic

Breakup by Form:

  • Mashed
  • Pellets
  • Crumbles
  • Others

Breakup by Additives:

  • Antibiotics
  • Vitamins
  • Antioxidants
  • Amino Acid
  • Feed Enzymes
  • Feed Acidifiers
  • Others

Breakup by Animal Type:

  • Layers
  • Broilers
  • Turkey
  • Others

Breakup by Distribution Channel:

  • Offline
  • Online

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being AFGRI Animal Feeds, Alltech, Archer-Daniels-Midland Company, BASF SE, Cargill Inc., Charoen Pokphand Foods Public Company Limited, Chr. Hansen Holdings A/S, De Heus Animal Nutrition, ForFarmers N.V., Kent Nutrition Group (Kent Corporation), Koninklijke DSM N.V. and Novus International Inc. (Mitsui & Co. (U.S.A.) Inc.).

Key Questions Answered in This Report:

  • How has the global poultry feed market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global poultry feed market?
  • What are the key regional markets?
  • What is the breakup of the market based on the nature?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the additives?
  • What is the breakup of the market based on the animal type?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global poultry feed market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Poultry Feed Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Nature
6.1 Conventional
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Organic
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Form
7.1 Mashed
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Pellets
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Crumbles
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Additives
8.1 Antibiotics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Vitamins
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Antioxidants
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Amino Acid
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Feed Enzymes
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Feed Acidifiers
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Animal Type
9.1 Layers
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Broilers
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Turkey
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Distribution Channel
10.1 Offline
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Online
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 AFGRI Animal Feeds
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 Alltech
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 SWOT Analysis
16.3.3 Archer-Daniels-Midland Company
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 BASF SE
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 Cargill Inc.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 SWOT Analysis
16.3.6 Charoen Pokphand Foods Public Company Limited
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Chr. Hansen Holdings A/S
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 De Heus Animal Nutrition
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 ForFarmers N.V.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.10 Kent Nutrition Group (Kent Corporation)
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Koninklijke DSM N.V.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.12 Novus International Inc. (Mitsui & Co. (U.S.A.) Inc.)
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Poultry Feed Market: Major Drivers and Challenges
Figure 2: Global: Poultry Feed Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Poultry Feed Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Poultry Feed Market: Breakup by Nature (in %), 2022
Figure 5: Global: Poultry Feed Market: Breakup by Form (in %), 2022
Figure 6: Global: Poultry Feed Market: Breakup by Additives (in %), 2022
Figure 7: Global: Poultry Feed Market: Breakup by Animal Type (in %), 2022
Figure 8: Global: Poultry Feed Market: Breakup by Distribution Channel (in %), 2022
Figure 9: Global: Poultry Feed Market: Breakup by Region (in %), 2022
Figure 10: Global: Poultry Feed (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Poultry Feed (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Poultry Feed (Organic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Poultry Feed (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Poultry Feed (Mashed) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Poultry Feed (Mashed) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Poultry Feed (Pellets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Poultry Feed (Pellets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Poultry Feed (Crumbles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Poultry Feed (Crumbles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Poultry Feed (Other Forms) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Poultry Feed (Other Forms) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Poultry Feed (Antibiotics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Poultry Feed (Antibiotics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Poultry Feed (Vitamins) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Poultry Feed (Vitamins) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Poultry Feed (Antioxidants) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Poultry Feed (Antioxidants) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Poultry Feed (Amino Acid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Poultry Feed (Amino Acid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Poultry Feed (Feed Enzymes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Poultry Feed (Feed Enzymes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Poultry Feed (Feed Acidifiers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Poultry Feed (Feed Acidifiers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Poultry Feed (Other Additives) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Poultry Feed (Other Additives) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Poultry Feed (Layers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Poultry Feed (Layers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Poultry Feed (Broilers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Poultry Feed (Broilers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Poultry Feed (Turkey) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Poultry Feed (Turkey) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Poultry Feed (Other Animal Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Poultry Feed (Other Animal Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Poultry Feed (Offline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Poultry Feed (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: Poultry Feed (Online) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Poultry Feed (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: North America: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: North America: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: United States: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United States: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Canada: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Canada: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Asia-Pacific: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Asia-Pacific: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: China: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: China: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Japan: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Japan: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: India: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: India: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: South Korea: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: South Korea: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Australia: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Australia: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Indonesia: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Indonesia: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Europe: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Europe: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Germany: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Germany: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: France: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: France: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: United Kingdom: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: United Kingdom: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Italy: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Italy: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Spain: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Spain: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Russia: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Russia: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Latin America: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Latin America: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Brazil: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Brazil: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Mexico: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Mexico: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Others: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Others: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Middle East and Africa: Poultry Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 95: Middle East and Africa: Poultry Feed Market: Breakup by Country (in %), 2022
Figure 96: Middle East and Africa: Poultry Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 97: Global: Poultry Feed Industry: SWOT Analysis
Figure 98: Global: Poultry Feed Industry: Value Chain Analysis
Figure 99: Global: Poultry Feed Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Poultry Feed Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Poultry Feed Market Forecast: Breakup by Nature (in Million US$), 2023-2028
Table 3: Global: Poultry Feed Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 4: Global: Poultry Feed Market Forecast: Breakup by Additives (in Million US$), 2023-2028
Table 5: Global: Poultry Feed Market Forecast: Breakup by Animal Type (in Million US$), 2023-2028
Table 6: Global: Poultry Feed Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 7: Global: Poultry Feed Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Poultry Feed Market: Competitive Structure
Table 9: Global: Poultry Feed Market: Key Players

Companies Mentioned

  • AFGRI Animal Feeds
  • Alltech
  • Archer-Daniels-Midland Company
  • BASF SE
  • Cargill Inc.
  • Charoen Pokphand Foods Public Company Limited
  • Chr. Hansen Holdings A/S
  • De Heus Animal Nutrition
  • ForFarmers N.V.
  • Kent Nutrition Group (Kent Corporation)
  • Koninklijke DSM N.V.
  • Novus International Inc. (Mitsui & Co. (U.S.A.) Inc.).

Methodology

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Table Information

Report AttributeDetails
No. of Pages148
PublishedOctober 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 202.3 Billion
Forecasted Market Value ( USD ) by 2028 $ 257.4 Billion
Compound Annual Growth Rate4.1%
Regions CoveredGlobal
No. of Companies Mentioned12

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About the Chicken Feed Market

The Chicken Feed market is a segment of the Animal Feedstuffs industry. It is composed of a variety of feed products specifically designed for chickens, such as mash, pellets, crumbles, and scratch grains. These feedstuffs are formulated to provide chickens with the necessary nutrients for growth, health, and egg production. The feedstuffs are typically composed of grains, proteins, vitamins, minerals, and other additives. The Chicken Feed market is highly competitive, with a variety of companies offering different types of feedstuffs. Companies in the market include Purina, Cargill, ADM, Nutrena, and Kalmbach Feeds. These companies offer a wide range of feedstuffs, from organic and non-GMO to conventional and specialty products. Additionally, many of these companies offer feedstuffs tailored to specific breeds of chickens, such as laying hens, broilers, and turkeys. Show Less Read more

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