Market Trends of Middle East Africa Feed Antioxidants Industry
Poultry Dominates Animal Type Segment
- Poultry farming stands as one of Africa's most prominent livestock segments. The Southern African Development Community (SADC) reports notable growth in broiler production across several countries over the past decade in Africa. The United States Department of Agriculture forecasts a 4% rise in chicken meat production in Angola and a 3% increase in South Africa, reaching 1.65 million metric tons in Marketing Year (MY) 2024, driven by a strengthening domestic sector. These upward trends in meat production are expected to boost feed consumption, positively influencing the market for feed antioxidants in the region.
- According to the Food and Agriculture Organization, Egypt boasts one of the largest chicken industries in Africa, producing over 300 million chickens annually. As production increases, there's a growing focus on nutrition, resulting in a rise in the use of antioxidant feed additives across Africa's poultry sector. In light of this, regional governments are implementing training programs centered on optimal poultry farm management and quality feed supply to enhance the sector's productivity. These efforts are subsequently driving the market's growth in the region. As production ramps up, there's a heightened emphasis on nutrition, leading to a surge in the use of antioxidant feed additives within Africa's poultry sector. In response, regional governments are rolling out training programs focused on optimal poultry farm management and quality feed supply, aiming to boost the sector's productivity. These initiatives are, in turn, fueling the market's expansion in the region.
- Private players are significantly investing in the Middle East to align with the government's sustainability goals, which are likely to boost the consumption of antioxidants in poultry feed. For instance, in May 2024, Al Ghurair Foods, a prominent food processing company from the UAE, commenced construction of its inaugural broiler farm in Abu Dhabi's Khalifa Economic Zones (KEZAD). This move enhances the company's poultry and livestock production capabilities. Set to begin operations in 2025, the 68-hectare (680,000 sqm) facility is being constructed under a Musataha agreement on a 720-hectare (7.2 sq km) plot, paving the way for future expansion.
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South Africa is the Largest Market
- In South Africa, the animal feed industry caters to diverse segments, producing feed for poultry (both layer and broiler breeders), dairy, beef, sheep, and pigs. The local market has a reasonably adequate supply of raw materials for animal feed, leading to a significant contribution to the consumption of feed additives, particularly feed antioxidants.
- South Africa boasts a well-established and scientifically-driven animal feed industry. Efficient formulations have not only expanded the livestock sector but also surged the demand for antioxidants in animal feed. Currently, the industry is largely self-sufficient, with minimal imports of feed products or raw materials. Over the past three decades, driven by rising meat demand, animal production in South Africa has more than doubled. According to the United States Department of Agriculture (USDA), the poultry sector is the nation's largest agricultural industry, valued at nearly USD 3.5 billion, accounting for 14% of the total agricultural gross value. Following poultry, cattle production is valued at USD 2.7 billion, dairy at USD 1.4 billion, and egg production at USD 0.7 billion.
- Economic diversification and a rising domestic demand have propelled the growth of leading animal feed companies and the broader industry in South Africa. In intensive livestock production systems, the significance of compound feed is pronounced. This emphasis has spurred the rapid growth of compound feed manufacturing in South Africa, positively impacting the feed antioxidants market.
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