Market Snapshot
| Study Period: | 2016 - 2026 |
| Base Year: | 2020 |
| CAGR: | 4.2 % |
|
Need a report that reflects how COVID-19 has impacted this market and its growth?
Market Overview
The Asia-Pacific Compound Feed Market is estimated to register a CAGR of 4.2% during the forecast period. China and India are the leading markets in this region contributing a major part to the growing demand. China is one of the largest compound feed manufacturers in the world accounting for half of the production in this region. The market for compound feed is growing due to increasing demand for dairy products, growing inclination towards animal-based food, and increase in feed demand around the globe. Compound feed maintains the health of animals and thus helps to increase the quality of end products such as eggs, milk, meat and fish.
Scope of the report
Compound feed is a fodder, which is made by blending several raw materials and additives. These are fed to livestock and aquatic animals. This report provides the favoring factors of the market, production and consumption analysis along with the competitive landscape in the Asia Pacific. The market is segmented based on the ingredient type, supplement type, animal category, and geography.
| Ingredients | |
| Cereals | |
| Oilseeds | |
| Oil | |
| Molases | |
| Supplemets | |
| Others |
| Supplements | |
| Vitamins | |
| Amino Acids | |
| Antibiotics | |
| Enzymes | |
| Antioxidants | |
| Acidifiers | |
| Prebiotics and Probiotics | |
| Others |
| Animals | |
| Ruminant Feed | |
| Swine Feed | |
| Poultry Feed | |
| Aquatic Feed | |
| Other Animals |
| Geography | |
| China | |
| India | |
| Japan | |
| Thailand | |
| Vietnam | |
| Australia | |
| Rest of Asia Pacific |
Key Market Trends
Increase in Animal Farming Drives the Market
Animal farming is becoming very popular as the demand is rising to full fill the dietary requirements of the growing population. Animal farming includes cattle, swine, poultry, birds, etc for milk, meat and eggs. The rise in the number of animals stimulates the demand for compound feed positively. The number of cattle in Asia in 2018 is 454 million, which is 6 million more than the previous year. Such a drastic increase in farm animals which requires huge amounts of compound feed for their growth rises the demand for compound feed.
To understand key trends, Download Sample Report
China Dominates the Market
China is one of the largest producer of compound feed in the world, with the production at around 168 million metric tons in 2019, of which poultry is the largest sector accounting for nearly 90.5 million metric tons, followed by swine at 51.7 million metric tons, ruminants at 20.1 million metric tons and aquaculture at 16.5 million metric tons. Demand for meet from the increasing population is the key market driver in China. The lingering effects of US-China trade war could possibly offset the plummeting trend of commercial feed prices in the country, particularly owing to the shortage in the supply of feed raw material.
To understand geography trends, Download Sample Report
Competitive Landscape
Asia Pacific Compound Feed Market is fragmented with major companies holding a small part of market share. Major companies concentrated on acquisitions of small feed mills and increasing the production capacity. Some companies increased their geographic presence by expanding their sales to other regions. These companies are also working on research to launch new products into the market. Cargill Inc., Charoen Pokphand Foods, Archer Daniels Midland Company, Nutreco and Alltech Inc., are some of the major players in this region.
Table of Contents
-
1. INTRODUCTION
-
1.1 Study Deliverables
-
1.2 Study Assumptions
-
1.3 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Overview
-
4.2 Market Drivers
-
4.3 Market Restraints
-
4.4 Porter's Five Force Analysis
-
4.4.1 Threat of New Entrants
-
4.4.2 Bargaining Power of Consumers
-
4.4.3 Bargaining Power of Suppliers
-
4.4.4 Threat of Substitute Products
-
4.4.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 Ingredients
-
5.1.1 Cereals
-
5.1.2 Oilseeds
-
5.1.3 Oil
-
5.1.4 Molases
-
5.1.5 Supplemets
-
5.1.6 Others
-
-
5.2 Supplements
-
5.2.1 Vitamins
-
5.2.2 Amino Acids
-
5.2.3 Antibiotics
-
5.2.4 Enzymes
-
5.2.5 Antioxidants
-
5.2.6 Acidifiers
-
5.2.7 Prebiotics and Probiotics
-
5.2.8 Others
-
-
5.3 Animals
-
5.3.1 Ruminant Feed
-
5.3.2 Swine Feed
-
5.3.3 Poultry Feed
-
5.3.4 Aquatic Feed
-
5.3.5 Other Animals
-
-
5.4 Geography
-
5.4.1 China
-
5.4.2 India
-
5.4.3 Japan
-
5.4.4 Thailand
-
5.4.5 Vietnam
-
5.4.6 Australia
-
5.4.7 Rest of Asia Pacific
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Most Adopted Strategies
-
6.2 Market Share Analysis
-
6.3 Company Profiles
-
6.3.1 Charoen Pokphand
-
6.3.2 Cargill Inc
-
6.3.3 Land O Lakes Purina
-
6.3.4 Alltech Inc.
-
6.3.5 Archer Daniels Midland
-
6.3.6 New Hope Group
-
6.3.7 ForFarmers
-
6.3.8 Miratorg Agribusiness Holding
-
6.3.9 Kyodo Shiryo Company
-
6.3.10 Sodrugestvo Group
-
6.3.11 DeKalb Feeds
-
6.3.12 De Heus
-
6.3.13 Ballance Agri-Nutrients
-
6.3.14 Heiskell & CO.
-
6.3.15 Kent Feeds
-
6.3.16 Weston Milling Animal Nutrition
-
6.3.17 Zheng DA International Group
-
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
You can also purchase parts of this report. Do you want to check out a section wise price list?
Frequently Asked Questions
What is the study period of this market?
The Asia-Pacific Compound Feed Market market is studied from 2016 - 2026.
What is the growth rate of Asia-Pacific Compound Feed Market?
The Asia-Pacific Compound Feed Market is growing at a CAGR of 4.2% over the next 5 years.
Who are the key players in Asia-Pacific Compound Feed Market?
Cargill Inc., Charoen Pokphand Foods, ADM Animal Nutrition, Alltech Inc., Nutreco, Purina Animal Nutrition LLC are the major companies operating in Asia-Pacific Compound Feed Market.
