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)

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.

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.

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.

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