Global Compound Feed Market - By Ingredients, Supplements, Animal Type & Geography- Trends & Forecasts (2014-2020)
|出版商||Mordor Intelligence LLP||商品編碼||319132|
|出版日期||內容資訊||英文 182 Pages
|配合飼料的全球市場:各材料、補助劑、動物的種類、地區:趨勢與預測 Global Compound Feed Market - By Ingredients, Supplements, Animal Type & Geography- Trends & Forecasts (2014-2020)|
|出版日期: 2016年02月01日||內容資訊: 英文 182 Pages||
Raw materials and supplements are blended together in different proportions to yield the compound feed for various animal species. Soybean, corn, barley, wheat and sorghum are the most commonly used raw materials while vitamins, minerals, amino acids, antibiotics and colorants form the bulk of the supplements constituting compound feed.
In 2013, the global compound feed production was around 950 million tons and the market was worth around $480 billion. The global market for compound feed is estimated to grow at a compounded annual rate of 1.5% between 2014 and 2020. Asia-Pacific and South America are estimated to be the fastest growing regions with estimated CAGR of 1.7% and 1.8% respectively.
Among feed ingredients, cereal forms a major part of compound feed, occupying a 37% share. The compound feed additives market is expected to grow at a CAGR of 4.1% in value terms during the forecast period, to reach $44,342 million by 2020. Antioxidants are the fastest growing feed additives, set to grow at an estimated CAGR of 4.6%.
Increased consumption of meat and aquatic products, buoyed by growing middle class incomes in emerging economies like China, Brazil and India, will be a major growth factor. Increasing industrial livestock production and technological innovations in the meat processing industry are creating demand for high quality meat, thereby driving the market for compound feed. Demographic factors like increasing number of double income families and economic strength both in the developing and developed worlds are driving the companion animal feed market. Although the increasing cost of raw materials is restricting the growth of the compound feed market, it is driving the market for feed additives. Rising demand for organic meat has created an opportunity in the industry for organic feed.
Major players in the compound feed market are Cargill (U.S.), ADM (U.S.), Nutreco NV (The Netherlands) and Charoen Pokphand (Thailand), among others. Developing countries of Asia and South America are the key growth markets in the industry. Major players are rapidly tapping into these markets through both organic and inorganic growth strategies. Mergers and acquisitions has been the most adopted strategy for growth in this market over the last five years.
The report covers the entire ecosystem of the market in three major parts:
While sections 1 and 2 are introductory, Section 3 deals with the market analysis. It delves into the trends of the meat and livestock industries, examines the drivers and restraints of the market in discussion and analyzes the value chain in consideration with the governing regulations across the world.
Sections 4 and 5 deal with the detailed market segmentation (by ingredients, Supplements, Animal Type and Geography). By giving market sizes and growth estimates for most segments at country level, the report aims to point out the key growth areas to a wide array of companies operating in the feed ecosystem.
Sections 6 and 8 deal with the most important aspect of a relatively stable market - competition. The section speaks on the growth strategies adopted by some of the most active companies in this industry, which have to their superior performance. It plots all the activities the industry has seen from product launches to consolidation, to make sense of the activity trends and their impact on the market players.
Section 7 gives a glimpse into what experts across the industry think the future of the industry would be 5 years down the lane What policies would impact the most What growth strategies they think would be most successful And most importantly how to gain prominence and gain market shares in the developing economies