The Global Compound Feed market is forecasted to register a significant CAGR of over the forecast period.
Growing demand for Meat and Aquaculture products
Global consumption of meat products is expected to rise at a CAGR of 2.67% for the period of 2012 to 2017. The worldwide economic downturn has had a very limited effect on the global meat market, which has maintained its positive outlook. The highest growth for meat consumption is expected from the Asia-Pacific and Latin American regions because of changing diet patterns, urbanization, population, and economic growth.
Fish are low in fats, cholesterol, and carbohydrates. Although not very high in protein, fish also provide essential vitamins and amino acids. The demand for seafood is increasing rapidly as more and more people are becoming aware of the health benefits of fish consumption.
Globally increasing population Trends, are also supporting growth of the world meat and seafood market. Increasing life expectancy and limited availability of land and water resources for animal feed production, and increasing use of these resources for food and ethanol production, are increasing the demand for animal feed in the global meat industry.
Countries such as India, China, Brazil, Russia are among worldÕs fastest growing economies; rise in per capita income is expected to shift dietary preferences towards protein rich diets. However meat consumption patterns will remain significantly different in various parts of the world, because of cultural, religious, and other consumer preference factors in different countries.
Increasing consumption of meat as well as a rise in consumer awareness regarding the benefits of organic food has led to increased demand for organic feed. While the demand for organic feed is strong, there are not enough organic crops to meet demand. Conventional feed, which includes a minute proportion of vitamins, hormones and other additives along with ingredients, increases yield and minimize livestock production cost. However more number of quality conscious consumers are demanding environmentally safe and chemical residue free meat, meat products, milk and milk products. The market for organic feed is expected to grow with the continuous expansion of organic meat and poultry market as feed is the major input in livestock farming. Along with the meat industry, the organic dairy industry also demands organic feed. The current organic livestock farming system relies on organic crops, organic grass and organic pastures. However, organic raw materials in feed do not ensure increased productivity of livestock. The prospects of successful organic food export industry is the major driving factor for organic livestock farming and organic feed industry in developing countries. Exports of organic meat from Asian and South American countries to North America and Europe have grown steadily during the last five years. Priced at nearly twice the cost of conventional feed, organic feed is far from competitive even with organic food and products being sold at higher prices to the consumer.
Key Developments in the Market:
¥ January 2018: The U.S. Grains Council (USGC) intends to create a Center for Feed Manufacturing in Tunisia.
Major Players: CARGILL INC., LAND O LAKES PURINA, ALLTECH INC., ARCHER DANIELS MIDLAND, FORFARMERS amongst others.
Reasons to Purchase this Report:
¥ Provides latest insights into the Global Compound Feed Market.
¥ Gives a detailed analysis of the competitive landscape in the compound feed industry segmented by ingredient type, by supplement type, by animal type and by geography.
¥ Analyses the market scenario with the help of PorterÕs Five Forces Analysis.
¥ Forecasts the market volume and value by assessing the impact of the market drivers and constraints.
¥ 3 months analyst support along with the Market Estimate sheet (in excel).
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1.1. Research Methodology
1.2. General Study Assumptions
2. Research Methodology
2.2. Analysis Methodology
2.3. Study Assumptions
2.4. Econometric Forecast Model
3. Executive Summary
4. Market Overview And Technology Trends
4.1. Current Market Scenario
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power Of The Suppliers
4.3.2. Bargaining Power Of The Consumers
4.3.3. Threat Of New Entrants
4.3.4. Threat Of Substitute Products And Services
5. Market Dynamics
5.1.1. Growing demand for Meat and Aquaculture products
5.1.2. Increased awareness regarding quality meat and milk products
5.1.3. Increased Industrial livestock production
5.2.1. Rising cost of raw materials
5.2.2. Government regulations
5.3.1 Organic Feed
6. Global Compound Feed Market segmentation, by ingredients
6.2 Fishmeal and Fish oil
7. Global Compound Feed Market segmentation, by supplements
7.2 Amino Acids
7.7 Prebiotics & Probiotics
8. Global Compound Feed Market segmentation, by animal type
9. Global Compound Feed Market segmentation, by geography
9.1 North America
9.2 Latin America
9.5 Middle East & Africa
9.5.1 Saudi Arabia
9.5.2 South Africa
10. Competitive Landscape
10.2 Market Share Analysis
11. Key Vendor Analysis
11.1 Charoen Pokphand
11.2 Cargill Inc.
11.3 Land O Lakes Purina
11.4 Alltech Inc.
11.5 Archer Daniels Midland
11.7 DeKalb Feeds
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.