The Qatari compound feed market is valued at USD 202.7 million in 2017, registering a CAGR of 7.0% and is expected to continue growing at this pace, during the forecast period.

In the context of Qatar transforming itself to be a self-sufficient country in the food and feed production, there are significant opportunities for the compound feed manufacturers to establish the manufacturing setup in the country. As the customers are becoming more health conscious, they are opting for organic meat. Using antibiotics for farming animals is harmful and promotes the use of feed additives, this shift from antibiotics to organic feed mixtures is turning out to be a big opportunity for the market. The key players in the Qatari compound feed market include Arab Qatari Company, Al-Sanabel, Al-Watania, Baladna, and Al-Mairqab.

Increasing Meat Consumption and Demand for Dairy Products

Poultry is the main meat product imported by the GCC from foreign suppliers. Import of foreign halal beef has been growing steadily. Although the per-capita meat consumption in the region is low when compared to the developed economies in the west, it is expected to increase at a relatively higher rate. Population growth, rising per-capita income, and a booming tourism industry are the main drivers for meat consumption in the Qatar region. Increasing food consumption is indirectly driving the compound feed market, which provides complete nutrition to animals through quality feed, and is therefore used in food production. Income levels and consumption of animal protein are positively related. Therefore, the high per capita income and consequent urbanization have led to a surge in meat production in the region. The worldwide economic downturn has had a very limited effect on the Qatar meat industry, which has maintained its positive outlook, owing to the high demand for meat.

Increasing Reliance on Imports

Qatar is a member of the Gulf Cooperation Council (GCC) and heavily dependent on imports for various food and feed related commodities. After Saudi Arabia and UAE, Qatar is the largest importer of meat products in the GCC region, accounting for nearly USD 366.29 million in 2015. Such a huge reliance on imports can be attributed to the fact that only 2.7% of the geographical land in Qatar is arable. The Qatari farm animal herd consists of camels, sheep, goats, cows, and most importantly poultry. Poultry products that are domestically produced aims to cover about 20% of the entire national need.

The issues surrounding the animal welfare laws would not likely make much impact in Qatar since the implementation of the laws would increase the already existing political turmoil in the country. There are significant numbers of small commercial farmers who breed their farm animals with their own domestically produced feed. The need to reduce the dependence on neighboring county imports is expected to create significant space for livestock production within the country.

Poultry Feed to dominate the Compound Feed Industry

Poultry is the largest segment for the compound feed market in the region, currently boosted by increased production of poultry meat. The major reason for the surge in demand and consumption of poultry meat is the increased consumption of processed poultry in Qatar. The total production of poultry meat in Qatar was at 26,175 metric tons in 2016, accounting for an increase of nearly 1.5% from 2015. The growth in consumption has created a pressure on farmers to maintain the production growth rate to retain the demand-supply balance. Rising health awareness among the consumers is exerting more pressure on farmers to produce high-quality meat at a healthy growth rate, especially in developed countries. The aforementioned reasons have created a platform for the compound feed and feed additive market, since the latter enhances the quality and efficiency of the feed, ensuring increased quality meat production. Millers and livestock producers are switching to compound feed to maintain uniformity in the feed and meat. Government support for increasing domestic poultry production, with the aim to reduce import, is offering excellent opportunities for the Qatar compound feed market. The poultry industry in Qatar is also benefiting from lenient feed-related regulations.

Key Developments in Qatar Compound Feed Market

March 2018 – Baladna is planning to invest in 40 new farms and new feed mills of huge storage facilities adding to its existing animal feed mill with the production capacity of 100 tons per day.

Major Players: Al Dahra, Glovet, Al Mairqab Industrial Investment (Aalaf) W.L.L., Baladna, Al-Sanabel Group Company, Farmet, Parabel, Al-Watania Poultry, Arab Qatari Company, list not exhaustive.

Metrics	Details
Industry	Compound Feed Market
Study Period	(2014 – 2023)
Market volume in 2017	USD 202.7 million
Market volume by 2023	USD 304.7 million
Growth Rate	7.01%
Largest Market Share by Region	Qatar
Key Developments	March 2018 – Baladna is planning to invest in 40 new farms and feed mills
Companies Covered	Al Dahra, Glovet, Al Mairqab Industrial Investment (Aalaf) W.L.L., Baladna, Al-Sanabel Group Company, Farmet
Report Offerings	Qatar Compound Feed Market offers the latest trends, growth prospects, industry competitiveness, major players, regional market share and forecast to 2023.

Reasons to Purchase the Report

To have an understanding of the fastest growing areas in the Qatar compound feed and growth trends during the forecast period
The report outlines drives, restraints, and trends that are currently affecting the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
The report covers in-detail insights into the competitors’ overview and company share analysis
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)

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1. Introduction

1.1 Market Definition

1.2 Key Findings of the Study

2. Research Scope & Methodology

2.1 Study Deliverables

2.2 Study Assumptions

2.3 Research Methodology

2.4 Research Phases

3. Market Dynamics

3.1 Drivers

3.1.1 Increasing Meat Consumption and Demand for Dairy Products

3.1.2 Augmented Demand for High-Value Animal Protein

3.1.3 Quality of the Dairy and Meat Products Produced

3.2 Restraints

3.2.1 Increasing Reliance on Imports

3.2.2 Stringent Regulations with Regard to Animal Welfare

4. Porter’s Five Forces Analysis

4.1 Bargaining Powers of Buyers

4.2 Bargaining Powers of Suppliers

4.3 Threat of New Entrants

4.4 Threat from Substitute products

4.5 Competition Rivalry

5. Qatari Compound Feed Market Segmentation, By Animal Type

5.1 Ruminant

5.2 Poultry

5.3 Swine

5.4 Others

6. Qatar Compound Feed Market Competitive Landscape

6.1 Mergers, Acquisitions, Joint Ventures, and Collaborations

6.2 Market Share Analysis

6.3 Strategies Adopted by Leading Players

7. Company Profiles

7.1 Al Dahra

7.2 Glovet

7.3 Al Mairqab Industrial Investment (Aalaf) W.L.L.

7.4 Baladna

7.5 Al-Sanabel Group Company

7.6 Farmet

7.7 Parabel

7.8 Al-Watania Poultry

7.9 Arab Qatari Company

8. Future of the Market

9. Appendix

Qatar Compound Feed Market - Segmented by Animal type, and Geography- Growth, Trends, and Forecast (2020 - 2025)

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