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Poultry Feed Market By Ingredient (Cereal Grains, Protein Meals, Additives, Fats & Oils, Vitamins & Minerals), By Form (Mash Feed, Pellets Feed, Crumbles Feed, Liquid Feed), By Additives (Antibiotics, Vitamins & Minerals, Enzymes, Probiotics, Amino Acids), By Livestock Type (Broilers, Layers, Breeders), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: ANH4302  
|   Animal Nutrition & Health

As per Intent Market Research, the Poultry Feed Market was valued at USD 110.5 billion in 2023 and will surpass USD 201.9 billion by 2030; growing at a CAGR of 9.0% during 2024 - 2030.

The poultry feed market plays a crucial role in the global agricultural ecosystem, providing the essential nutrition required for poultry farming. This market includes a wide array of feed ingredients, forms, additives, and specialized feed types designed to promote optimal growth, health, and productivity of poultry. With the increasing demand for poultry products such as chicken meat and eggs, the poultry feed market has seen significant growth in recent years. Key drivers include the growing global population, rising incomes, urbanization, and changing dietary habits, particularly in developing regions where poultry is a major source of protein. As poultry farming expands, the need for more efficient, sustainable, and tailored feed solutions is propelling market innovation across various segments.

Cereal Grains Ingredient Segment Is Largest Owing to Cost-Effectiveness and Nutritional Value

Among the various ingredients used in poultry feed, cereal grains hold the largest share. Cereal grains such as corn, wheat, and sorghum are the most commonly used ingredients due to their affordability, availability, and nutritional content. They serve as a primary energy source, providing carbohydrates that are essential for the growth and energy needs of poultry. These grains are rich in starch, which is easily digestible, making them highly effective for optimizing poultry feed formulations.

The widespread use of cereal grains in poultry feed is further supported by their versatility and ease of sourcing, particularly in regions with well-established agricultural sectors. In addition, these grains are a cost-effective solution for poultry farmers, as they form the base of most poultry diets. As demand for poultry products continues to increase, the reliance on cereal grains in poultry feed formulations is expected to remain strong, driving the growth of this segment.

Poultry Feed Market By Ingredient

Pellets Feed Form Is Largest Owing to Ease of Use and Nutritional Benefits

The pellets feed form dominates the poultry feed market due to its numerous benefits, including ease of handling, consistency, and improved feed conversion efficiency. Pellets are compact, making them easier to transport and store compared to other feed forms. They are also highly palatable, encouraging better feed intake among poultry, which directly improves growth rates and feed utilization. The pelletizing process ensures that nutrients are evenly distributed, leading to more consistent and efficient feeding for poultry.

Pellets are preferred in commercial poultry farming because they reduce feed waste and ensure that each bird receives the necessary nutrition in a precise amount. Moreover, the use of pellets minimizes dust and improves feed flowability, which is important in automated feeding systems. As poultry farming continues to scale up globally, the demand for pelletized feed is expected to remain high, cementing its position as the largest subsegment in the form category.

Probiotics Additives Segment Is Fastest Growing Owing to Increased Focus on Poultry Health

The probiotics additives segment is the fastest-growing in the poultry feed market. Probiotics are beneficial microorganisms that support digestive health by enhancing the gut flora of poultry. As consumer awareness of food safety and antibiotic resistance rises, the poultry industry is increasingly turning to probiotics as a natural alternative to antibiotics. Probiotics improve digestion, enhance immune function, and support overall poultry health, thereby boosting performance and productivity.

The growing demand for antibiotic-free poultry products has significantly accelerated the adoption of probiotics in poultry feed formulations. This trend is particularly prevalent in regions like North America and Europe, where consumers are becoming more health-conscious and demanding healthier poultry options. As a result, the probiotics segment is expected to continue growing at a rapid pace, driven by the increasing shift toward sustainable and health-oriented poultry farming practices.

Broilers Livestock Type Is Largest Owing to High Demand for Poultry Meat

Broilers, or meat chickens, make up the largest livestock type in the poultry feed market. This is primarily due to the high demand for chicken meat globally, as it remains one of the most affordable and widely consumed sources of animal protein. Broilers require specialized feed formulations designed to promote rapid growth and efficient feed conversion, ensuring high-quality meat production in a short time frame. This segment is driven by both the rising global population and increasing consumer preference for poultry meat over other forms of animal protein.

The large-scale production of broilers, particularly in regions such as Asia-Pacific and North America, fuels the dominance of this livestock type in the poultry feed market. Additionally, advancements in broiler feed formulations, such as optimizing amino acid profiles and improving feed-to-meat conversion ratios, contribute to the growth of this segment. As global demand for poultry meat continues to rise, broilers will remain the largest consumer of poultry feed, making this segment a key focus for manufacturers.

Asia-Pacific Region Is Fastest Growing Due to Expanding Poultry Farming Industry

The Asia-Pacific region is the fastest-growing market for poultry feed, driven by rapid urbanization, increased disposable incomes, and rising demand for poultry products. Countries like China, India, and Indonesia are seeing significant expansions in their poultry farming industries, both for meat and egg production. These countries are also investing in modernized farming technologies, including automated feeding systems and advanced feed formulations, which are helping to increase feed efficiency and poultry production.

The region’s growing preference for poultry meat, combined with government initiatives to boost domestic production, is driving the need for more advanced and cost-effective poultry feed solutions. As the poultry farming industry in Asia-Pacific continues to grow, the demand for poultry feed is expected to rise sharply, making it the fastest-growing region in the global market.

Poultry Feed Market share by region

Competitive Landscape and Leading Companies

The poultry feed market is highly competitive, with several global players dominating the industry. Leading companies such as Cargill Inc., Archer Daniels Midland Company (ADM), Alltech, Nutreco N.V., and Charoen Pokphand Foods PLC are at the forefront of the market. These companies are focused on developing innovative feed formulations, improving nutritional content, and enhancing feed conversion efficiency. They are also investing in research and development to create sustainable and environmentally friendly feed solutions, responding to consumer demand for healthier and more sustainable poultry products.

To maintain their competitive edge, these companies are engaging in strategic partnerships, mergers, and acquisitions. For example, Cargill has expanded its presence in the poultry feed market through various acquisitions of regional feed producers. Additionally, companies are increasingly adopting digital technologies to optimize production processes and enhance supply chain efficiencies. The competitive landscape remains dynamic, with companies striving to meet the growing global demand for poultry feed while addressing issues related to sustainability, animal welfare, and consumer health concerns.

Recent Developments:

  • Cargill announced the launch of a new line of high-protein poultry feed aimed at improving feed conversion rates for broiler chickens, enhancing farm profitability.
  • Archer Daniels Midland (ADM) has expanded its poultry feed product portfolio by acquiring a leading feed additive company, strengthening its position in the poultry nutrition sector.
  • Alltech recently unveiled a new probiotic-based poultry feed supplement designed to improve gut health in poultry and reduce the need for antibiotics in farms.
  • Nutreco received regulatory approval for its latest line of sustainable poultry feed products that utilize algae-based omega-3 oils, providing an eco-friendly alternative to traditional sources.
  • Land O'Lakes Inc. announced a strategic partnership with an online feed supplier to improve direct sales and expand its digital footprint in the global poultry feed market.

List of Leading Companies:

  • Alltech
  • Amcor Limited
  • Archer Daniels Midland Company (ADM)
  • Biomin Holding GmbH
  • Cargill Inc.
  • Charoen Pokphand Foods PLC
  • Coppens International
  • De Heus Animal Nutrition
  • DSM Nutritional Products
  • Evonik Industries AG
  • ForFarmers
  • Kent Nutrition Group
  • Land O'Lakes Inc.
  • New Hope Group
  • Nutreco N.V.

Report Scope:

Report Features

Description

Market Size (2023)

USD 110.5 billion

Forecasted Value (2030)

USD 201.9 billion

CAGR (2024 – 2030)

9.0%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Poultry Feed Market By Ingredient (Cereal Grains, Protein Meals, Additives, Fats & Oils, Vitamins & Minerals), By Form (Mash Feed, Pellets Feed, Crumbles Feed, Liquid Feed), By Additives (Antibiotics, Vitamins & Minerals, Enzymes, Probiotics, Amino Acids), By Livestock Type (Broilers, Layers, Breeders)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Aeroscraft Corporation, Aerostar International Inc., Airbus Defense and Space, Airobotics, ExPace Technologies, IAI (Israel Aerospace Industries), L3Harris Technologies, Lockheed Martin Corporation, Northrop Grumman Corporation, Raven Aerostar, Raytheon Technologies, Tactical Aerobotix, TCOM,  L.P., Thales Group, The Boeing Company

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Poultry Feed Market, by Ingredient (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Cereal Grains

   4.2. Protein Meals

   4.3. Additives

   4.4. Fats & Oils

   4.5. Vitamins & Minerals

5. Poultry Feed Market, by Form (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Mash Feed

   5.2. Pellets Feed

   5.3. Crumbles Feed

   5.4. Liquid Feed

6. Poultry Feed Market, by Additives (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Antibiotics

   6.2. Vitamins & Minerals

   6.3. Enzymes

   6.4. Probiotics

   6.5. Amino Acids

7. Poultry Feed Market, by Livestock Type (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Broilers

   7.2. Layers

   7.3. Breeders

   7.4. Others

8. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   8.1. Regional Overview

   8.2. North America

      8.2.1. Regional Trends & Growth Drivers

      8.2.2. Barriers & Challenges

      8.2.3. Opportunities

      8.2.4. Factor Impact Analysis

      8.2.5. Technology Trends

      8.2.6. North America Poultry Feed Market, by Ingredient

      8.2.7. North America Poultry Feed Market, by Form

      8.2.8. North America Poultry Feed Market, by Additives

      8.2.9. North America Poultry Feed Market, by Livestock Type

      8.2.10. By Country

         8.2.10.1. US

               8.2.10.1.1. US Poultry Feed Market, by Ingredient

               8.2.10.1.2. US Poultry Feed Market, by Form

               8.2.10.1.3. US Poultry Feed Market, by Additives

               8.2.10.1.4. US Poultry Feed Market, by Livestock Type

         8.2.10.2. Canada

         8.2.10.3. Mexico

    *Similar segmentation will be provided for each region and country

   8.3. Europe

   8.4. Asia-Pacific

   8.5. Latin America

   8.6. Middle East & Africa

9. Competitive Landscape

   9.1. Overview of the Key Players

   9.2. Competitive Ecosystem

      9.2.1. Level of Fragmentation

      9.2.2. Market Consolidation

      9.2.3. Product Innovation

   9.3. Company Share Analysis

   9.4. Company Benchmarking Matrix

      9.4.1. Strategic Overview

      9.4.2. Product Innovations

   9.5. Start-up Ecosystem

   9.6. Strategic Competitive Insights/ Customer Imperatives

   9.7. ESG Matrix/ Sustainability Matrix

   9.8. Manufacturing Network

      9.8.1. Locations

      9.8.2. Supply Chain and Logistics

      9.8.3. Product Flexibility/Customization

      9.8.4. Digital Transformation and Connectivity

      9.8.5. Environmental and Regulatory Compliance

   9.9. Technology Readiness Level Matrix

   9.10. Technology Maturity Curve

   9.11. Buying Criteria

10. Company Profiles

   10.1. Alltech

      10.1.1. Company Overview

      10.1.2. Company Financials

      10.1.3. Product/Service Portfolio

      10.1.4. Recent Developments

      10.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   10.2. Amcor Limited

   10.3. Archer Daniels Midland Company (ADM)

   10.4. Biomin Holding GmbH

   10.5. Cargill Inc.

   10.6. Charoen Pokphand Foods PLC

   10.7. Coppens International

   10.8. De Heus Animal Nutrition

   10.9. DSM Nutritional Products

   10.10. Evonik Industries AG

   10.11. ForFarmers

   10.12. Kent Nutrition Group

   10.13. Land O'Lakes Inc.

   10.14. New Hope Group

   10.15. Nutreco N.V.

11. Appendix

 

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A comprehensive market research approach was employed to gather and analyze data on the Poultry Feed Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Poultry Feed Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - Poultry Feed Market

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the Poultry Feed ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Poultry Feed Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - Poultry Feed Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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