Global Compound Feed Market Size was valued at USD 534.07 billion in 2023 and is projected to reach USD 782.93 billion by 2031, growing at a CAGR of 5.09% from 2024 to 2031.

Top 15 Key Companies:

Cargill Inc, New Hope Liuhe Co. Ltd,, Guangdong Haid Group, Charoen Pokphand Foods, Nutreco NV, ADM, Feed One Co., Kent Nutrition Group, Elanco Animal Health, Alltech, Inc

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Industry Update

March 2021 – Paris-based Ÿnsect, an agtech startup, has developed a type of protein by breeding various insects, followed by their transformation into premium protein for pet food, organic plant fertilizers as well as fish feed. The company will be building the world’s largest insect farm in Amiens Metropole, Northern France, in addition to the expansion in international markets, targeting the North American market in particular.

The Europe market is set to register a CAGR of 4.07%, and will be worth the value of USD 135.2 million by 2030 among all the regions. Countries like Spain, France, Russia and Germany are backing up the lavish growth of the region, owing to the presence of top compound feed producers. Additionally, the growing use of supplements for livestock farming will give a significant push to the growth of the regional compound feed market.
Market Opportunities

Rising Popularity of Organic Feed

Organic feed refers to a type of feed which is produced using the methods that have been outlined as per the standards of organic farming. Simply put, organic means that the ingredients in the feed cannot be genetically modified, cannot be fertilized with chemical fertilizers or treated with fungicides, pesticides and insecticides.

Thus, owing to these reasons, there has been a sharp rise in the popularity of organic feed, which has given way to growing trend of vertical integration (contract farming), leaving a major impact on the compound feed market growth at a global level. Moreover, growing expenditure for advertising organic feed product is expected to assist the industries in creating opportunities, thereby expanding the market share for compound feed market.

Market Segmentation:

By Animal Type

• Ruminants
• Poultry
• Swine
• Aquaculture
• Other

By Ingredient

• Cereals
• Cakes & Meals
• Animal By-Products
• Others

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