Compound Feed Market Revenue, Trend and Growth Forecast-2032

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Compound Feed Market Size to Cross USD 695 Bn by
2032
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Overview of Compound Feed Market

• Global Compound Feed Market is slated to expand
  substantially through 2032 owing to the severe
  outbreak of diseases in livestock which is in
  turn surging demand for high-nutrition feed.
  Moreover, the broad presence of livestock animals
  across the Asia Pacific countries has further
  helped bolster industrial growth.
• Various animal feed producers are engaging in
  research and development initiatives to introduce
  high-quality and economical products that can
  help the compound feed market acquire a
  competitive edge in the animal nutrition
  industry.
• Moreover, key market participants are heftily
  investing in introducing new and innovative
  supplements to improve the health of poultry
  animals. For instance, Evonik introduced its
  first probiotic supplement for poultry animals
  under the Ecobiol Fizz label in November 2020.
  The treatment, which comes in the shape of an
  effervescent tablet, can help to regulate the
  intestinal microbiota of broiler birds and
  chickens raised for laying, especially in
  stressful settings.

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• The compound feed market has been divided in
  terms of ingredients, form, ad region.
• Based on ingredients, the additives segment is
  set to garner USD 81 billion valuation by 2032.
  Additives provide several advantages, including
  boosting the flavor of compound feeds, providing
  nutrients for animals, and improving livestock
  performance, all of which help the industry
  prosper.
• Meanwhile, the supplements segment is projected
  to grow significantly through the forthcoming
  period. The compound feeds market is seeing
  increased demand for supplements owing to the
  fact that additional compound feeds can increase
  animal fertility, productivity, and skeletal
  development.
• With respect to form, the crumbled segment is
  expected to grow exponentially over the review
  period. Crumbled compound meals have a large
  surface area and extend the life and productivity
  of hens. The increased global demand for poultry
  meat is set to foster segmental growth. As per
  credible sources, the total chicken consumption
  in 2021 had climbed to more than 120 million tons
  worldwide.

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• From the regional perspective, the Latin America
  compound feed market is estimated to grow at more
  than 4 CAGR from 2023 to 2032. A major shift in
  lifestyles as well as food consumption habits are
  contributing to the surging demand for dairy
  products in South America, eventually boosting
  the demand for compound feed. Furthermore, the
  market expansion can also be credited to the
  expanding research and development procedures for
  creating high-quality feeds.
• Notable participants in the Compound Feed market
  include Archer Daniels Midland Company (ADM),
  Cargill Incorporated, Roquette, Charoen Pokphand
  Group, Land O Lakes, Guangdong Haid Group,
  ForFarmers, Alltech, Feed One Co., Indian Broiler
  Group Pvt Ltd, and Kent Nutrition Group.

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