Poultry Feed Market To Report Captivating Expansion And Reach Around USD 226.20 Billion By 2021

The global poultry market includes leading players such as BASF, CHR. Hansen Holdings A/S, Archer Daniels Midland Company, Evonik Industries AG, ABF Plc, Charoen Popkhand Foods, Cargill Inc., InVivo NSA, Royal DSM N.V., Suguna Foods, Novus International Inc, Nutreco NV, Alltech Inc., and DLG Group. These players are set to augment the growth of the poultry feed market in the coming future.

According to analysts at Zion Market Research, the global poultry feed market was assessed at around USD 190.60 Billion during 2015. The poultry feed market is projected to attain over USD 226.20 Billion by 2021 and is likely to develop at a CAGR of about 2.90% from 2016–2021.

Browse the full "Poultry Feed Market (Broilers, Layers, Turkeys and Other Types) by Additives (Amino Acids, Vitamins, Feed Enzymes, Antibiotics, Antioxidants and Feed Acidifiers): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at  https://www.zionmarketresearch.com/report/poultry-feed-market

Rising Awareness Toward Healthy Protein Diet To Boost The Demand For Poultry Feed Market In Future

The rising awareness toward a healthy protein diet has caused a high requirement of poultry products. This strengthens the poultry feed market, according to analysts at Zion Market Research. The increasing use of poultry & meat products triggers the augmentation of the poultry feed market. Besides this, boosting poultry business in developing countries led to a high growth of the poultry feed market. Even though, the surging occurrence of diseases like bird flu might impact the expansion of the poultry feed market. Besides this, preliminary cost and high maintenance are likely to affect the advancement of poultry feed market.

However, funding and support from the administration for extending the poultry industry owing to high profit and to cope with unfulfilled demand from customers is projected to present new opportunities in the upcoming years. For example, during February 2018, EU Health and Food Safety Commissioner intended to approve the addition of insect protein by 2019 in poultry feed following the technical matters and policies are sorted, thus propelling the poultry feed market.

Surging Population And High Profit From Import To Advance The Growth Of The Poultry Feed Market Across Asia-Pacific

Primarily, the poultry feed market is directed by North America. This largely attributed to the supplementation of antibiotics in the feed and increasing demand and use of broiler. Asia-Pacific is the most important region for the poultry feed market and is projected to maintain its supremacy in the upcoming years. The increasing population, high profit from import, change in preferences of poultry products, and export of poultry items are estimated to propel the demand for poultry feed market. The Middle East & Africa is anticipated to report excellent development owing to the increased need for poultry products and rising disposable proceeds. The manufacturing cost is agreeable in Brazil, this aspect resulted in the major growth of poultry feed market across Latin America.

This report segments the poultry feed market as follows:

Global Poultry Feed Market: Type Segment Analysis

• Broiler
• Turkeys
• Layers
• Others

Global Poultry Feed Market: Additives Segment Analysis

• Amino acids
• Vitamins
• Feed enzymes
• Antibiotics
• Antioxidants 
• Feed acidifiers

Global Poultry Feed Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

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