The Global Poultry Feed Market Size is expected to reach a value of US$ 204.93 Billion by 2028, at a CAGR of 8.70% over the forecast period (2022 - 2028)

According to the latest research by SkyQuest Technology, the Global Poultry Feed market was valued at US$ 112.51 Billion in 2021, and it is expected to reach US$ 204.93 Billion by 2028, with a CAGR of 8.70% during the forecast period of 2022 - 2028. The research provides up-to-date Poultry Feed market analysis of the current market landscape, latest trends, drivers, and overall market environment.

Poultry is considered to be one of the most affordable ways to get protein. Because of this, the demand for poultry products like eggs and meat keeps going up. Demand for poultry products is heavily affected by the number of people and affordability. Organic poultry feed is expected to grow at a slower rate than the conventional poultry feed segment, which is expected to open up new opportunities for people in the industry. Quality and price of feed products became two of the most important factors in this market, which is why suppliers are so important in the poultry feed business. To keep prices at a reasonable level, producers of poultry feed are likely to get more involved in procuring raw materials. These are some of the factors that are driving the poultry feed market demand.

The largest market share in the global poultry feed market came from the complete feed segment in the year 2021, and this is expected to remain true throughout the forecast period. Complete feed is the most popular type of feed for poultry because it is cheap and gives the birds all the nutrients they need. This is the main reason why the complete feed is the most popular type of feed. During the analysis period, the premix is expected to grow a lot. This is because it is easy for large and small farmers to use to make their feed, and it has the same benefits as complete feed. All of these things will drive the market for poultry feed during the analysis period.

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Read the market research report, " Poultry Feed Market Segmented By Feed Type (Complete Feed, Concentrates, and Premix), By Nature (Conventional and Organic), By Application (Layers, Broilers, and Turkeys) & By Region - Forecast and Analysis 2022-2028" by SkyQuest

The poultry feed market is split into conventional and organic feed. Conventional feed held the biggest market share in 2021 and is predicted to do so throughout the research period. The growing chicken feed market needs quick manufacture and constant supply, which traditional feed can provide. Conventional feed is equally nutritious as organic. These poultry diets contain cereals like maize, rice, wheat, oat, and barley, as well as cereal byproducts like wheat-bran or rice polish, and animal and vegetable protein sources like fish-meal, meat-meal, soybean-oil-meal, groundnut-cake, and others. The meal's added minerals and vitamins make it more profitable for farmers. These factors will drive the conventional feed segment during the analysis period and will drive the poultry feed market growth throughout the forecast period.

As a result of the domain's technological nascence, no company currently wields significant influence, and the race to dominance has already begun, with companies investing in multiple projects, and acquiring a few on their way to the finish line in the domain. The top players in this market include Cargill Inc. (US), Land O'Lakes, Inc. (US), Tyson Foods, Inc. (US), Alltech (US), ADM Animal Nutrition (US), Perdue Farms Inc. (US), J.D. Heiskell & Co. (US), Kent Nutrition Group, Inc. (US), Hi-Pro Feeds, Inc. (US), Southern States Cooperative (US), Anko Food Machine Co. Ltd. (US), Godrej Agrovet (India), Avanti feeds (India), V H Group (India).

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about Poultry Feed Market Revenue. The projections featured in the report have been derived using proven research methodologies and assumptions.

Report Findings
Drivers- Population growth drives worldwide poultry feed demand. Due to their low cost and changing taste, poultry-based products are popular worldwide. Increasing global meat consumption and protein awareness drive white meat demand. Asia-Pacific and MEA's high economic growth has increased meat production and consumption, propelling poultry market growth.
Restraint- The poultry feed market is strongly dependent on raw material costs, which affect feed prices. Any calamity that affects farming productivity and yield would likewise slow poultry feed industry growth.

What does this Report Deliver?
Market Estimation for 20+ Countries
Poultry Feed Market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional, and Country specific Poultry Feed Market Trends
Comprehensive Mapping of Poultry Feed Industry Parameters
Attractive Investment Proposition in the Global Poultry Feed Industry
Competitive Strategies Adopted by Poultry Feed Market Key Players
Drivers, Restraints, Opportunities, Challenges, and the impact on the Poultry Feed Market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and Poultry Feed market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities, and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and Poultry Feed Market Sales
Parent market analysis
Product portfolio benchmarking

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SkyQuest has segmented the Global Poultry Feed Market based on Feed Type, Nature, Application, and Region:
Global Poultry Feed Market by Feed Type (Revenue, USD Billion, 2021 - 2028)
Complete Feed
Concentrates
Premix
Global Poultry Feed Market by Nature (Revenue, USD Billion, 2021 - 2028)
Conventional
Organic
Global Poultry Feed Market by Application (Revenue, USD Billion, 2021 - 2028)
Layers
Broilers
Turkeys
Global Poultry Feed Market By Region (Revenue, USD Billion, 2021 - 2028)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Central & South America
Brazil
Rest of CSA
Middle East & Africa
GCC Countries
South Africa
Rest of MEA

Key Players in the Global Poultry Feed Market
Cargill Inc. (US)
Land O'Lakes, Inc. (US)
Tyson Foods, Inc. (US)
Alltech (US)
ADM Animal Nutrition (US)
Perdue Farms Inc. (US)
J.D. Heiskell & Co. (US)
Kent Nutrition Group, Inc. (US)
Hi-Pro Feeds, Inc. (US)
Southern States Cooperative (US)
Anko Food Machine Co. Ltd. (US)
Godrej Agrovet (India)
Avanti feeds (India)
V H Group (India)

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This release was published on openPR.