Key Trends and Forecasts (2014 – 2020) GLOBAL COMPOUND FEED MARKET
Key Trends and Forecasts (2014 – 2020)
GLOBAL COMPOUND FEED MARKET
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1. INTRODUCTION
1.1. Research Methodology 1.2. Definition of the market
2. KEY FINDINGS OF THE STUDY 3. MARKET ANALYSIS
3.1. Livestock Industry Trend 3.2. Meat Industry Trend 3.3. Price trend Analysis 3.4. Threshold matters of the Industry
3.4.1. Use of Antibiotics 3.5. Factors Affecting the Market
3.5.1. Drivers 3.5.1.1. Growing demand for Meat and
Aquaculture products 3.5.1.2. Increased awareness regarding
quality meat and milk products 3.5.1.3. Increased Industrial livestock
production 3.5.2. Restraints
3.5.2.1. Rising cost of raw materials 3.5.2.2. Government regulations
3.5.3. Opportunities 3.5.3.1. Organic feed
3.6. Industry Attractiveness - Porters Analysis 3.6.1. Bargaining power of Buyers 3.6.2. Bargaining power of Suppliers 3.6.3. Degree of Competition 3.6.4. Threat of new entrants 3.6.5. Threat of Substitutes
3.7. Global Regulatory Environment-Impact Analysis 3.8. Value Chain Analysis
4. MARKET SEGMENTATION 4.1. By Ingredients
4.1.1. Cereals 4.1.2. Cereal by- products 4.1.3. Oilseed Meals 4.1.4. Oil 4.1.5. Molasses 4.1.6. Supplements 4.1.7. Others
4.2. By Supplements 4.2.1. Vitamins 4.2.2. Amino Acids 4.2.3. Antibiotics 4.2.4. Enzymes 4.2.5. Anti-oxidants 4.2.6. Acidifiers 4.2.7. Probiotics & Prebiotics
4.3. By Animals 4.3.1. Ruminant Feed 4.3.2. Swine Feed 4.3.3. Poultry Feed 4.3.4. Fish Feed 4.3.5. Other Animal
5. REGIONAL MARKET ANALYSIS 5.1. North America
5.1.1. U.S.A (by Ingredients, by Supplements & Animal Type)
5.1.2. Canada 5.1.3. Mexico 5.1.4. Others
5.2. EUROPE 5.2.1. Spain (by Ingredients, by Supplements & Animal
Type) 5.2.2. U.K. 5.2.3. France 5.2.4. Germany 5.2.5. Russia 5.2.6. Italy 5.2.7. Rest of Europe
5.3. APAC 5.3.1. China (by Ingredients, Supplements & Animal
Type) 5.3.2. India 5.3.3. Japan 5.3.4. Thailand 5.3.5. Vietnam 5.3.6. Australia 5.3.7. Rest of APAC
5.4. South America 5.4.1. Brazil 5.4.2. Argentina 5.4.3. Rest of South America
5.5. Africa 5.5.1. South Africa 5.5.2. Egypt 5.5.3. Others
6. COMPETITIVE LANDSCAPE 6.1. Introduction 6.2. Market Share Analysis 6.3. Top 5 Companies by Financials
6.3.1. Cargill Inc.(U.S.) 6.3.2. Archer Daniels Midland (U.S.) 6.3.3. Charoen Pokphand (Thailand) 6.3.4. Nutreco NV (The Netherlands) 6.3.5. Kent Feeds (U.S.)
TABLE OF CONTENTS
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6.4. 5 Most active companies by Market strategies 6.5. Mergers & Acquisitions 6.6. Agreements, Partnerships, Collaborations &
Joint Ventures 6.7. Investments & Other Developments
7. THE FUTURE OF THE INDUSTRY – EXPERT VIEW 8. KEY PLAYERS’ PROFILES
8.1. Charoen Pokphand (Thailand) 8.2. Cargill Inc. (U.S.) 8.3. Land O Lakes Purina (U.S.) 8.4. Alltech Inc. (U.S.) 8.5. Archer Daniels Midland (U.S.) 8.6. New Hope Group (China) 8.7. Wen’s Group (China) 8.8. ForFarmers (The Netherlands) 8.9. Miratorg Agribusiness Holding (Russia) 8.10. Kyodo Shiryo Company (Japan) 8.11. Sodrugestvo Group (Russia) 8.12. DeKalb Feeds (U.S.) 8.13. De Hues (The Netherlands) 8.14. BallanceAgri-Nutrients (New Zealand) 8.15. Heiskell & Co. (U.S.) 8.16. Kent Feeds (U.S.) 8.17. Weston Milling Animal Nutrition (Australia) 8.18. Zheng DA International Group (China) 8.19. Ewos Group (Norway) 8.20. Nutreco NV (The Nethrelands)
9. APPENDIX 9.1. Abbreviations 9.2. Sources 9.3. Bibliography 9.4. Disclaimer
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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.
REPORT DESCRIPTION
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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.
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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 provide a detailed segmentation of the market (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 identifies the growth strategies adopted by some of the most active companies in this
industry. The study plots all the activities the industry has seen from product launches to
consolidation, and analyzes 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?
IN THE REPORT
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The market size was estimated based on the data curated from secondary sources and validated by
experts in the industry.
A bottom-up approach was used to arrive at the global market size of compound feed. Data was
gathered for each livestock and additive type, separately, from primary and secondary sources. The
data then gathered through both source types was quantitatively analyzed. The numbers were then
validated by industry experts. The consumption trends of each feed additive and livestock at the
country level were also closely followed to arrive at our analyses.
Secondary Data Sources: Research Publications, Articles published in independent feed magazines,
Company annual reports and database of several Feed Industry Associations, among others.
Primary Sources: Partners across distribution channels like distributors, retailers and manufacturers
were contacted as primary sources.
RESEARCH METHODOLOGY
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Region 2012 2013 2014 2020 CAGR %
(2014-2020) North America -- -- -- -- -- Europe -- -- -- -- -- Asia-Pacific -- -- -- -- 3.06 South America -- -- 55,137 -- -- ROW 18,170 -- -- -- -- Total -- -- -- 580,562 --
Region 2012 2013 2014 2020 CAGR %
(2014-2020) North America -- -- -- -- -- Europe -- -- 221,897 -- -- Asia-Pacific -- -- -- -- -- South America -- -- -- 117,696 -- ROW -- -- -- -- 1.6 Total -- 950,438 -- -- --
SAMPLES TABLES AND FIGURES
Global Compound Feed market revenues, by Region, 2011 - 2018 ($million)
Global Compound Feed market volume, by Region, 2012 - 2020 ('000 metric tons)
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20%
28% 31%
21%
Agreements & Collaborations
Mergers & Acquisitions
Investments & Expansions
New Products Launch
0
2
4
6
8
10
12
14
16
Agreements &Collaborations
Mergers &Acquisitions
Investments &Expansions
New ProductsLaunch
2010
2011
2012
2013
Global Compound Feed Market Share, By Growth Strategy, 2010-2013
Global compound feed market developments, 2010-2013
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Additives 2012 2013 2014 2020 CAGR %
(2012-2020) Antibiotics -- -- -- -- -- Vitamins -- -- -- 6,659 -- Antioxidants -- 2,000 -- -- -- Amino Acids -- -- -- -- -- Feed Enzymes -- -- -- -- -- Feed Acidifiers -- -- -- -- -- Others 3,494 -- -- -- 3.6 Total -- -- -- -- --
Additives 2012 2013 2014 2020 CAGR %
(2012-2020) Antibiotics -- 2,748 -- -- -- Vitamins -- -- -- -- -- Antioxidants -- -- -- -- -- Amino Acids -- -- -- -- -- Feed Enzymes -- -- -- -- 4.0 Feed Acidifiers -- -- -- 4,083 -- Others -- -- -- -- -- Total -- 32,483 -- -- --
Global Compound Feed Additives market volume, by Additives, 2012 - 2020
('000 Metric tons)
Global Compound Feed Additives Market Revenue, by Type, 2012 - 2020 (Million $)
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