Market Share of Africa Compound Feed Industry
The African compound feed market is highly concentrated, with a few major companies dominating the market, like Cargill Inc, Nutreco NV, Alltech Inc., New Hope Group SA, and Novus International. Leading companies focus on acquiring feed mills and small manufacturers to expand their business in local and foreign markets. Some players have expanded their geographical presence by acquiring or merging with manufacturers in foreign markets. Expanding the business across regions and setting up a new plant for increasing production capacity and a product line has helped the companies hold more market share. The companies are also increasing the production capacities of their existing plants.
Africa Compound Feed Market Leaders
Cargill Inc.
New Hope Group SA
Nutreco NV
Alltech
Novus International
*Disclaimer: Major Players sorted in no particular order
