| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 482.71 Billion |
| Market Size (2030) | USD 601.54 Billion |
| CAGR (2025 - 2030) | 4.50 % |
| Fastest Growing Market | South America |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Compound Feed Market Analysis
The Compound Feed Market size is estimated at USD 482.71 billion in 2025, and is expected to reach USD 601.54 billion by 2030, at a CAGR of 4.5% during the forecast period (2025-2030).
- Globally, meat and dairy consumption is on the rise. Factors such as population growth, urbanization, demographic shifts, rising incomes, fluctuating prices, and heightened environmental and health concerns are shaping the type and level of meat consumption. This surge in meat demand is, in turn, boosting the compound feed market. The Food and Agriculture Organization projects a 14% rise in global meat protein consumption by 2030, primarily driven by population growth and rising incomes.
- In 2024, feed production grappled with changing consumption patterns influenced by inflation, dietary trends, escalating production costs, and geopolitical tensions. The Asia-Pacific region, bolstered by a growing livestock population and surging demand for dairy and meat, commands a significant share of the market. According to the USDA, India's cow and water buffalo milk production is set to climb from 211.7 million metric tons (MMT) in 2024 to 216.5 MMT in 2025, driven by a projected 0.8% uptick in the national cow population, reaching 62 million head. Heightened awareness about the quality of meat, milk, and dairy products, coupled with increased livestock production, further fuels the market's expansion.
- Moreover, China's burgeoning feed industry has attracted global giants like ADM and Cargill, Incorporated, prompting them to establish new facilities in the country. ADM's Zhangzhou feed factory stands as the company's fourth compound production site in China, boasting an impressive annual capacity of 30,000 metric tons for feed premixes and 80,000 metric tons for complete feed and concentrates.
Compound Feed Market Trends
Poultry Segment Dominates the Compound Feed Market
- Changing consumer preferences, economic factors, and regional dynamics have positioned the poultry segment as the frontrunner in the global compound feed market. The insatiable demand for chicken meat and eggs fuels this growth. Population growth, rising disposable incomes, and urbanization bolster the expansion and modernization of the poultry market. Data from the Food and Agricultural Organization reveals a rise in the global poultry population from 27.9 billion in 2021 to 29.1 billion in 2023. This surge underscores the heightened global appetite for poultry meat, a trend shaped by evolving consumption patterns. With both poultry meat consumption and population numbers on the rise, the poultry feed market is poised for growth in the coming years.
- Regions like Asia-Pacific and the Middle East are set to lead in poultry meat consumption, driven by shifting dietary habits, urbanization, population growth, and economic progress. Trends in the Middle East towards self-sufficiency further amplify the region's demand for poultry meat. The growing emphasis on food production is intensifying the demand for compound feed, especially poultry feed.
- Over the past decade, Saudi Arabia's poultry industry has witnessed remarkable growth, and 2024 is poised to continue this trend. The Ministry of Environment, Water, and Agriculture (MEWA) reports that Saudi Arabia produced over 900,000 metric tons of poultry meat in 2023, with projections indicating further growth in 2024. This expansion is crucial for catering to the Kingdom’s burgeoning population, where chicken is a dietary staple. Aligned with Vision 2030, Saudi Arabia is targeting an ambitious 80% self-sufficiency in poultry production by 2025, a leap from the 70% mark in 2023. This drive is bolstered by government initiatives, including subsidies, infrastructure enhancements, and collaborations with private entities.
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Asia-Pacific Held the Major Market Share
- Rapid economic growth in the Asia-Pacific region, especially in China, India, Malaysia, and Thailand, is driving a surge in demand for meat protein. This heightened appetite for meat has spurred increased production, leading to a rise in compound feed consumption. According to the Alltech feed survey, Asia-Pacific's feed production saw a 1.7% uptick, reaching 475.3 million metric tons in 2023, up from 2022. The broiler sector led the charge with a 4.6% growth, trailed by the layer and dairy sectors, which grew by 3.5% and 4.5%, respectively. Key drivers of feed production in 2023 included shifts in consumer behavior, rising production costs, and challenges from animal diseases. The outlook for poultry farming in Southeast Asia is optimistic, especially with raw material costs expected to stabilize in 2024. The expansion of layer feed production is largely attributed to a growing consumer demand for affordable protein sources.
- Beyond its nutritional benefits, compound feed is increasingly recognized for its role in enhancing meat quality. In 2023, India produced a staggering 52.6 million metric tons of commercial feed, with poultry leading consumption, followed by dairy cattle and aquaculture. Poultry feed accounted for 35.9 million metric tons of this production, while dairy feed reached 13.9 million metric tons. Notably, India's relatively small swine population in the Asia-Pacific meant that the African Swine Fever outbreak had a negligible effect on its feed industry. Moreover, the region is turning to alternative feed ingredients, like feed-grade rice, to bolster self-sufficiency in livestock feed production.
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Compound Feed Industry Overview
The compound feed market is fragmented in nature, with many small, medium, and big companies present at various levels - at national, international, and continental levels. Cargill, Incorporated, Archer Daniels Midland (ADM), Charoen Pokphand Group, Nutreco N.V, and Alltech Inc. are the major players in the market studied. Leading companies are focused on acquiring feed mills and small manufacturing units for the expansion of the business in local and foreign markets. The leading companies are focused on expanding the business across regions and setting up new plants to increase production capacity and product lines. The companies are also increasing the production capacities of their existing plants.
Compound Feed Market Leaders
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Cargill, Incorporated
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Charoen Pokphand Group
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Archer Daniels Midland (ADM)
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Nutreco N.V
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Alltech Inc
- *Disclaimer: Major Players sorted in no particular order
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Compound Feed Market News
- September 2024: Cargill Incorporation acquired two United States feed mills to enhance its production and distribution capabilities. The acquisition strengthens Cargill's Animal Nutrition and Health business operations in the United States by expanding its manufacturing and distribution network.
- August 2024: Charoen Pokphand Group and COFCO, a major player in China's agriculture and food industry, established a strategic partnership agreement. This agreement strengthens their cooperation in industrial and supply chain operations, improving both organizations' market positions.
- June 2024: Cargill, Inc. opened a new office hub in Atlanta, Georgia. The facility supports the company's expansion in strategic locations to enhance customer service, recruit skilled professionals, and drive business growth.
Compound Feed Industry Segmentation
Compound feed is a mixture of raw materials and supplements fed to the livestock, sourced from either plant, animal, organic or inorganic substances or industrial processing, whether or not containing additives.
The compound feed market is segmented by animal type (ruminants, poultry, swine, aquaculture, and other animal types), Ingredients (cereal, cakes and meals, by-products, and supplements (vitamins, amino acids, enzymes, acidifiers, probiotics, and prebiotics, and other supplements)), and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market size and forecasts for compound feed in terms of value (USD) and volume (metric tons) for all the above segments.
| Animal Type | Ruminants | ||
| Poultry | |||
| Swine | |||
| Aquaculture | |||
| Other Animal Types | |||
| Ingredient | Cereals | ||
| Cakes and Meals | |||
| Byproducts | |||
| Supplements | Vitamins | ||
| Amino Acid | |||
| Enzymes | |||
| Prebiotics and Probiotics | |||
| Acidifiers | |||
| Other Supplements | |||
| Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Rest of North America | |||
| Europe | Spain | ||
| United Kingdom | |||
| France | |||
| Germany | |||
| Russia | |||
| Italy | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| India | |||
| Japan | |||
| Thailand | |||
| Rest of Asia-Pacific | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
| Africa | South Africa | ||
| Egypt | |||
| Rest of Africa | |||
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Compound Feed Market Research Faqs
How big is the Compound Feed Market?
The Compound Feed Market size is expected to reach USD 482.71 billion in 2025 and grow at a CAGR of 4.5% to reach USD 601.54 billion by 2030.
What is the current Compound Feed Market size?
In 2025, the Compound Feed Market size is expected to reach USD 482.71 billion.
Who are the key players in Compound Feed Market?
Cargill, Incorporated, Charoen Pokphand Group, Archer Daniels Midland (ADM), Nutreco N.V and Alltech Inc are the major companies operating in the Compound Feed Market.
Which is the fastest growing region in Compound Feed Market?
South America is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Compound Feed Market?
In 2025, the Asia Pacific accounts for the largest market share in Compound Feed Market.
What years does this Compound Feed Market cover, and what was the market size in 2024?
In 2024, the Compound Feed Market size was estimated at USD 460.99 billion. The report covers the Compound Feed Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Compound Feed Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Compound Feed Industry Report
The global compound feed market is segmented by animal type, including ruminants, poultry, swine, aquaculture, and other animal types. Additionally, it is segmented by ingredients such as cereals, cakes and meals, byproducts, and supplements, which include vitamins, amino acids, enzymes, acidifiers, probiotics and prebiotics, and other supplements. This market analysis spans various geographies, including North America, Europe, Asia-Pacific, South America, and Africa.
The market size and forecasts for compound feed are provided in terms of value and volume for all segments. The industry report includes a detailed market overview, highlighting industry trends and market growth. The report also provides insights into market segmentation and market value, offering a comprehensive market forecast.
Industry information reveals that the compound feed market is driven by several factors, including market trends and market growth. The market outlook indicates positive growth, supported by market data and industry statistics. The report example and report PDF offer a detailed industry analysis, showcasing the industry size and industry sales.
Research companies have identified key market leaders in the compound feed market, providing valuable industry research and market review. The market predictions suggest continued growth, supported by industry reports and industry outlook. The report also includes a market forecast, highlighting the potential for future market growth.
Overall, the compound feed market is poised for significant growth, with detailed industry analysis and market segmentation providing valuable insights. The market value and market data support the positive market outlook, with industry trends and market predictions indicating continued expansion. The report PDF serves as a comprehensive guide for understanding the market dynamics, offering a detailed market review and market forecast for the future.
