Compound Feed is the feed that is produced on the basis of animals’ various growth stages, physiological requirements and different production uses which helps in improving the nutritional value of animal feed. Compound feed is rich in compound ingredients and is formulated as per the requirement for the target animal, which involves vitamins, minerals, protein cakes/meals, chunnies, agro- industrial by- products, grains and brans. Such type of feeds is manufactured in types of pellets, meal type, cubes or crumbles. Compound feed is delectable and is highly beneficial for pregnant women and milk-producing animals, which drives the growth of compound feed market. Furthermore, increasing livestock population worldwide, rising widespread of animal diseases, and increased population especially in the developing countries are estimated to foster the growth of the compound feed market.
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Prominent companies influencing the Compound Feed Market landscape include:
Alltech(USA), Archer Daniels Midland Company (Chicago), Cargill, Inc. (US), Charoen Pokphand Foods Public Company Limited (Thailand), Feed One Co., Ltd. (Japan), ForFarmers N.V. (Netherlands), Guangdong Haid Group Co. Ltd. (China), J.D. Heiskell & Co. (California), Kent Nutrition Group, Inc. (US), Land O'Lakes, Inc. (US), New Hope Group SA (Australia), Nutreco NV (Netherlands), and other major players.
Key Industry Development In The Compound Feed Market
In January, 2022, ADM started an Aquaculture Innovation Lab at the Animal Nutrition Technology Centre (ANTC) in Decatur, Illinois. The laboratory extends ADM’s international research and development capabilities to a new region, building on existing aquaculture research facilities located in Brazil, Mexico, and Vietnam. The new facility expands global capabilities to develop novel nutrition solutions
In October, 2021, BASF and Cargill expanded their partnership in the animal nutrition business by adding research and development capabilities and fresh markets to the partners’ existing feed enzymes distribution agreements. Together, they both plan to develop, produce, market, and sell customer-centric enzyme products and solutions. Their ultimate goal is to bring farmers to feed innovations that will reduce nutrient waste, improve feed efficiency, and promote animal growth and wellbeing.
Regional insights regarding the Compound Feed Market are primarily covered in the region-specific sections, including:
- North America
- South America
- Asia Pacific
- Middle East and Africa
- Europe
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Market Segmentation Analysis is a crucial component, categorizing the Compound Feed Market based on type, product, end-user, and more, facilitating a precise market description.
Market Segmentation:
By Ingredient
- Feed Cereals
- Cakes and Meals
- Animal By- Products
By Form
- Solid
- Liquid
By Animal Type
- Cattle
- Swine
- Poultry
- Aquaculture
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Key Features of the Report:
- Competitive Analysis: Gain a comprehensive understanding of the evolving Compound Feed Market competitive landscape to effectively adapt and strategize.
- Forward Perspective: Discover what is driving or inhibiting market growth from a forward-looking perspective.
- Product Segmentation: Identify key product segments and their growth potential to align your strategies with Compound Feed Market trends.
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This report addresses a wide range of industry participants, from seasoned experts seeking to learn about the dynamic Compound Feed Market to newcomers looking for guidance. Customization options are available to meet specific needs and ensure relevance to various target audiences.
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