GLOBAL COMPOUND

FEED MARKET
Key Trends and Forecasts (2014 – 2020)
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TABLE OF CONTENTS
1. INTRODUCTION 4.3. By Animals
1.1. Research Methodology 4.3.1. Ruminant Feed
1.2. Definition of the market 4.3.2. Swine Feed
2. KEY FINDINGS OF THE STUDY 4.3.3. Poultry Feed
3. MARKET ANALYSIS 4.3.4. Fish Feed
3.1. Livestock Industry Trend 4.3.5. Other Animal
3.2. Meat Industry Trend 5. REGIONAL MARKET ANALYSIS
3.3. Price trend Analysis 5.1. North America
3.4. Threshold matters of the Industry 5.1.1. U.S.A (by Ingredients, by Supplements & Animal
3.4.1. Use of Antibiotics Type)
3.5. Factors Affecting the Market 5.1.2. Canada
3.5.1. Drivers 5.1.3. Mexico
3.5.1.1. Growing demand for Meat and 5.1.4. Others
Aquaculture products 5.2. EUROPE
3.5.1.2. Increased awareness regarding 5.2.1. Spain (by Ingredients, by Supplements & Animal
quality meat and milk products Type)
3.5.1.3. Increased Industrial livestock 5.2.2. U.K.
production 5.2.3. France
3.5.2. Restraints 5.2.4. Germany
3.5.2.1. Rising cost of raw materials 5.2.5. Russia
3.5.2.2. Government regulations 5.2.6. Italy
3.5.3. Opportunities 5.2.7. Rest of Europe
3.5.3.1. Organic feed 5.3. APAC
3.6. Industry Attractiveness - Porters Analysis 5.3.1. China (by Ingredients, Supplements & Animal
3.6.1. Bargaining power of Buyers Type)
3.6.2. Bargaining power of Suppliers 5.3.2. India
3.6.3. Degree of Competition 5.3.3. Japan
3.6.4. Threat of new entrants 5.3.4. Thailand
3.6.5. Threat of Substitutes 5.3.5. Vietnam
3.7. Global Regulatory Environment-Impact Analysis 5.3.6. Australia
3.8. Value Chain Analysis 5.3.7. Rest of APAC
4. MARKET SEGMENTATION 5.4. South America
4.1. By Ingredients 5.4.1. Brazil
4.1.1. Cereals 5.4.2. Argentina
4.1.2. Cereal by- products 5.4.3. Rest of South America
4.1.3. Oilseed Meals 5.5. Africa
4.1.4. Oil 5.5.1. South Africa
4.1.5. Molasses 5.5.2. Egypt
4.1.6. Supplements 5.5.3. Others
4.1.7. Others 6. COMPETITIVE LANDSCAPE
4.2. By Supplements 6.1. Introduction
4.2.1. Vitamins 6.2. Market Share Analysis
4.2.2. Amino Acids 6.3. Top 5 Companies by Financials
4.2.3. Antibiotics 6.3.1. Cargill Inc.(U.S.)
4.2.4. Enzymes 6.3.2. Archer Daniels Midland (U.S.)
4.2.5. Anti-oxidants 6.3.3. Charoen Pokphand (Thailand)
4.2.6. Acidifiers 6.3.4. Nutreco NV (The Netherlands)
4.2.7. Probiotics & Prebiotics 6.3.5. Kent Feeds (U.S.)

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 6.4. 5 Most active companies by Market strategies
6.5. Mergers & Acquisitions
6.6. Agreements, Partnerships, Collaborations &
Joint Ventures
6.7. Investments & Other Developments
7. THE FUTURE OF THE INDUSTRY – EXPERT VIEW
8. KEY PLAYERS’ PROFILES
8.1. Charoen Pokphand (Thailand)
8.2. Cargill Inc. (U.S.)
8.3. Land O Lakes Purina (U.S.)
8.4. Alltech Inc. (U.S.)
8.5. Archer Daniels Midland (U.S.)
8.6. New Hope Group (China)
8.7. Wen’s Group (China)
8.8. ForFarmers (The Netherlands)
8.9. Miratorg Agribusiness Holding (Russia)
8.10. Kyodo Shiryo Company (Japan)
8.11. Sodrugestvo Group (Russia)
8.12. DeKalb Feeds (U.S.)
8.13. De Hues (The Netherlands)
8.14. BallanceAgri-Nutrients (New Zealand)
8.15. Heiskell & Co. (U.S.)
8.16. Kent Feeds (U.S.)
8.17. Weston Milling Animal Nutrition (Australia)
8.18. Zheng DA International Group (China)
8.19. Ewos Group (Norway)
8.20. Nutreco NV (The Nethrelands)
9. APPENDIX
9.1. Abbreviations
9.2. Sources
9.3. Bibliography
9.4. Disclaimer

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REPORT DESCRIPTION

Raw materials and supplements are blended together in different proportions to yield the compound

feed for various animal species. Soybean, corn, barley, wheat and sorghum are the most commonly

used raw materials while vitamins, minerals, amino acids, antibiotics and colorants form the bulk of

the supplements constituting compound feed.

In 2013, the global compound feed production was around 950 million tons and the market was

worth around $480 billion. The global market for compound feed is estimated to grow at a

compounded annual rate of 1.5% between 2014 and 2020. Asia-Pacific and South America are

estimated to be the fastest growing regions with estimated CAGR of 1.7% and 1.8% respectively.

Among feed ingredients, cereal forms a major part of compound feed, occupying a 37% share. The

compound feed additives market is expected to grow at a CAGR of 4.1% in value terms during the

forecast period, to reach $44,342 million by 2020. Antioxidants are the fastest growing feed

additives, set to grow at an estimated CAGR of 4.6%.

Increased consumption of meat and aquatic products, buoyed by growing middle class incomes in

emerging economies like China, Brazil and India, will be a major growth factor. Increasing industrial

livestock production and technological innovations in the meat processing industry are creating

demand for high quality meat, thereby driving the market for compound feed. Demographic factors

like increasing number of double income families and economic strength both in the developing and

developed worlds are driving the companion animal feed market.

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Although the increasing cost of raw materials is restricting the growth of the compound feed

market, it is driving the market for feed additives. Rising demand for organic meat has created an

opportunity in the industry for organic feed.

Major players in the compound feed market are Cargill (U.S.), ADM (U.S.), Nutreco NV (The

Netherlands) and Charoen Pokphand (Thailand), among others. Developing countries of Asia and

South America are the key growth markets in the industry. Major players are rapidly tapping into

these markets through both organic and inorganic growth strategies. Mergers and acquisitions has

been the most adopted strategy for growth in this market over the last five years.

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IN THE REPORT

The report covers the entire ecosystem of the market in three major parts:

While sections 1 and 2 are introductory, Section 3 deals with the market analysis. It delves into the

trends of the meat and livestock industries, examines the drivers and restraints of the market in

discussion and analyzes the value chain in consideration with the governing regulations across the

world.

Sections 4 and 5 provide a detailed segmentation of the market (by ingredients, Supplements,

Animal Type and Geography). By giving market sizes and growth estimates for most segments at

country level, the report aims to point out the key growth areas to a wide array of companies

operating in the feed ecosystem.

Sections 6 and 8 deal with the most important aspect of a relatively stable market – competition.

The section identifies the growth strategies adopted by some of the most active companies in this

industry. The study plots all the activities the industry has seen from product launches to

consolidation, and analyzes their impact on the market players.

Section 7 gives a glimpse into what experts across the industry think the future of the industry

would be 5 years down the lane? What policies would impact the most? What growth strategies they

think would be most successful? And most importantly how to gain prominence and gain market

shares in the developing economies?

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RESEARCH METHODOLOGY

The market size was estimated based on the data curated from secondary sources and validated by

experts in the industry.

A bottom-up approach was used to arrive at the global market size of compound feed. Data was

gathered for each livestock and additive type, separately, from primary and secondary sources. The

data then gathered through both source types was quantitatively analyzed. The numbers were then

validated by industry experts. The consumption trends of each feed additive and livestock at the

country level were also closely followed to arrive at our analyses.

Secondary Data Sources: Research Publications, Articles published in independent feed magazines,

Company annual reports and database of several Feed Industry Associations, among others.

Primary Sources: Partners across distribution channels like distributors, retailers and manufacturers

were contacted as primary sources.

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SAMPLES TABLES AND FIGURES

Global Compound Feed market revenues, by Region, 2011 - 2018 ($million)

CAGR %
Region 2012 2013 2014 2020 (2014-2020)
North America -- -- -- -- --
Europe -- -- -- -- --
Asia-Pacific -- -- -- -- 3.06
South America -- -- 55,137 -- --
ROW 18,170 -- -- -- --
Total -- -- -- 580,562 --

Global Compound Feed market volume, by Region, 2012 - 2020 ('000 metric tons)

CAGR %
Region 2012 2013 2014 2020 (2014-2020)
North America -- -- -- -- --
Europe -- -- 221,897 -- --
Asia-Pacific -- -- -- -- --
South America -- -- -- 117,696 --
ROW -- -- -- -- 1.6
Total -- 950,438 -- -- --

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 Global Compound Feed Market Share, By Growth Strategy, 2010-2013

21% 20%
Agreements & Collaborations
Mergers & Acquisitions
Investments & Expansions
31% 28% New Products Launch

Global compound feed market developments, 2010-2013

16
14
12
10 2010
8 2011
6 2012
4
2013
2
0
Agreements & Mergers & Investments & New Products
Collaborations Acquisitions Expansions Launch

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Global Compound Feed Additives Market Revenue, by Type, 2012 - 2020 (Million $)

CAGR %
Additives 2012 2013 2014 2020 (2012-2020)
Antibiotics -- 2,748 -- -- --
Vitamins -- -- -- -- --
Antioxidants -- -- -- -- --
Amino Acids -- -- -- -- --
Feed Enzymes -- -- -- -- 4.0
Feed Acidifiers -- -- -- 4,083 --
Others -- -- -- -- --
Total -- 32,483 -- -- --

Global Compound Feed Additives market volume, by Additives, 2012 - 2020

('000 Metric tons)

CAGR %
Additives 2012 2013 2014 2020 (2012-2020)
Antibiotics -- -- -- -- --
Vitamins -- -- -- 6,659 --
Antioxidants -- 2,000 -- -- --
Amino Acids -- -- -- -- --
Feed Enzymes -- -- -- -- --
Feed Acidifiers -- -- -- -- --
Others 3,494 -- -- -- 3.6
Total -- -- -- -- --

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