Global Poultry Feed Market 2016 2023 PDF

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2019
JULY
POULTRY FEED MARKET

AUTHOR(S): Global Opportunity Analysis and Industry Forecast, 2019-2023
Aniket Kadam &
Roshan Deshmukh
PAGES:
211
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FO_195392
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Food & Beverages
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Opportunity Analysis
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2019-2023
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2019-2023
4
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION....................................................................................... 27
1.1. Key benefits for stakeholders .................................................................................. 28
1.2. Key market segments ............................................................................................... 29
1.3. Research methodology ............................................................................................ 30
1.3.1. Secondary research................................................................................................................ 32
1.3.2. Primary research ..................................................................................................................... 32
1.3.3. Analyst tools and models .................................................................................................... 33
CHAPTER 2: EXECUTIVE SUMMARY............................................................................ 34
CHAPTER 3: MARKET OVERVIEW ................................................................................ 37

3.1. Market definition and scope ................................................................................... 37
3.2. Porter's five force analysis ....................................................................................... 38
Global Poultry
3.2.1. Bargaining power of suppliers .......................................................................................... 38
Feed Market
3.2.2. Bargaining power of buyers ............................................................................................... 39
Opportunity Analysis 3.2.3. Threat of new entrants ......................................................................................................... 40

2019-2023 3.2.4. Threat of substitution ........................................................................................................... 41
5
3.2.5. Intensity of competitive rivalry ......................................................................................... 42
3.3. Market dynamics ...................................................................................................... 43

3.3.1. Drivers ......................................................................................................................................... 44
3.3.1.1. Rise in consumption of poultry meat ........................................................................44

3.3.1.2. High disposable income ..................................................................................................45
3.3.2. Restraint ..................................................................................................................................... 46

3.3.2.1. Increase in prevalence of poultry diseases ..............................................................46
3.3.3. Opportunities ........................................................................................................................... 46

3.3.3.1. Surge in global population.............................................................................................46
3.3.3.2. Rise in demand for fast food and processed food ..............................................47
CHAPTER 4: POULTRY FEED MARKET, BY FEED TYPE ............................................... 49

4.1. Overview .................................................................................................................... 49
4.1.1. Market size and forecast ..................................................................................................... 50
Global Poultry 4.2. Complete feed ........................................................................................................... 51
Feed Market 4.2.1. Key market trends, growth factors, and opportunities ........................................... 51

and Industry Forecast, 4.2.3. Market analysis, by region .................................................................................................. 53
2019-2023
4.3. Concentrates ............................................................................................................. 54
6
4.3.1. Key market trends, growth factors, and opportunities ........................................... 54
4.3.3. Market analysis, by region .................................................................................................. 56
4.4. Premix ........................................................................................................................ 57

4.4.2. Market size and forecast, by region ............................................................................... 58
4.4.3. Market analysis, by region .................................................................................................. 59
CHAPTER 5: POULTRY FEED MARKET, BY REGION ................................................... 60

5.1. Overview .................................................................................................................... 60
5.1.1. Market size and forecast, by region ............................................................................... 61
5.2. North America........................................................................................................... 62

Global Poultry 5.2.2. Market size and forecast, by feed type ......................................................................... 62
Feed Market 5.2.3. Market size and forecast, by country ............................................................................. 64
5.2.4. U.S. ................................................................................................................................................ 65

Opportunity Analysis 5.2.4.1. Market size and forecast, by feed type .....................................................................66
2019-2023 5.2.5. Canada ........................................................................................................................................ 67
7
5.2.5.1. Market size and forecast, by feed type .....................................................................68
5.2.6. Mexico ......................................................................................................................................... 69

5.3. Europe ........................................................................................................................ 71

5.3.2. Market size and forecast, by feed type ......................................................................... 71
5.3.3. Market size and forecast, by country ............................................................................. 73
5.3.4. UK.................................................................................................................................................. 74
5.3.5. France .......................................................................................................................................... 76
5.3.6. The Netherlands...................................................................................................................... 78

Global Poultry 5.3.7. Germany ..................................................................................................................................... 80
Feed Market 5.3.7.1. Market size and forecast, by feed type .....................................................................81
5.3.8. Italy ............................................................................................................................................... 82

and Industry Forecast, 5.3.8.1. Market size and forecast, by feed type .....................................................................83
2019-2023
5.3.9. Rest of Europe ......................................................................................................................... 84
8
5.4. Asia-Pacific ................................................................................................................ 86

5.4.2. Market size and forecast, by feed type ......................................................................... 86
5.4.3. Market size and forecast, by country ............................................................................. 88
5.4.4. China ............................................................................................................................................ 89

5.4.5. Japan ............................................................................................................................................ 91

5.4.6. India ............................................................................................................................................. 93
5.4.7. Australia ...................................................................................................................................... 95

Global Poultry 5.4.8. Uzbekistan ................................................................................................................................. 97
Feed Market 5.4.8.1. Market size and forecast, by feed type .....................................................................98
5.4.9. Nepal ........................................................................................................................................... 99

and Industry Forecast, 5.4.9.1. Market size and forecast, by feed type .................................................................. 100
2019-2023
5.4.10. Rest of Asia-Pacific............................................................................................................... 101
9
5.4.10.1. Market size and forecast, by feed type .................................................................. 102
5.5. Middle East .............................................................................................................. 103

5.5.1.1. Key market trends, growth factors, and opportunities ................................... 103
5.5.2. Market size and forecast, by feed type ....................................................................... 104
5.5.3. Market size and forecast, by country ........................................................................... 105
5.5.4. Yemen ....................................................................................................................................... 106

5.5.5. Iraq.............................................................................................................................................. 108

5.5.6. Lebanon .................................................................................................................................... 110
5.5.7. Iran.............................................................................................................................................. 112

Global Poultry 5.5.8. Turkey ........................................................................................................................................ 114
Feed Market 5.5.8.1. Market size and forecast, by feed type .................................................................. 115
5.5.9. Rest of Middle East .............................................................................................................. 116

2019-2023
5.6. Africa ........................................................................................................................ 118
10
5.6.1. Key market trends, growth factors, and opportunities ......................................... 118
5.6.4. Tunisia ....................................................................................................................................... 121
5.6.5. Uganda ..................................................................................................................................... 123
5.6.6. Nigeria....................................................................................................................................... 125
5.6.7. Sudan......................................................................................................................................... 127
5.6.8. Angola ....................................................................................................................................... 129

Global Poultry 5.6.9. Cameroon ................................................................................................................................ 131
Feed Market
5.6.10. Libya ........................................................................................................................................... 133

2019-2023
5.6.11. Mali ............................................................................................................................................. 135
11
5.6.12. South Africa ............................................................................................................................ 137

5.6.13. Rest of Africa .......................................................................................................................... 139

5.7. South America ......................................................................................................... 141

5.7.1. Key market trends, growth factors, and opportunities ......................................... 141
5.7.5. Brazil .......................................................................................................................................... 144
5.7.6. Argentina ................................................................................................................................. 146

Global Poultry 5.7.7. Peru ............................................................................................................................................ 148
Feed Market 5.7.7.1. Market size and forecast, by feed type .................................................................. 149
5.7.8. Suriname .................................................................................................................................. 150

2019-2023
5.7.9. Rest of South America ........................................................................................................ 152
12
CHAPTER 6: COMPETITIVE LANDSCAPE .................................................................. 154

6.1. Top winning strategies ........................................................................................... 154
6.2. Key developments .................................................................................................. 158
6.2.1. Acquisition............................................................................................................................... 158
6.2.2. Agreement............................................................................................................................... 159
6.2.3. Business Expansion .............................................................................................................. 159
6.2.4. Collaboration.......................................................................................................................... 160
6.2.5. Partnership .............................................................................................................................. 161
6.2.6. Product Launch ..................................................................................................................... 161
6.3. Competitive Dashboard ......................................................................................... 162

6.4. Product Mapping .................................................................................................... 164
CHAPTER 7: COMPANY PROFILES............................................................................. 165

Global Poultry
Feed Market 7.1. ARCHER-DANIELS-MIDLAND COMPANY (ADM) ................................................ 165
7.1.1. Company overview .............................................................................................................. 165
Opportunity Analysis 7.1.2. Company snapshot .............................................................................................................. 166
2019-2023 7.1.3. Operating business segments ......................................................................................... 167
13
7.1.4. Product portfolio .................................................................................................................. 168
7.1.5. R&D Expenditure .................................................................................................................. 169
7.1.6. Business performance......................................................................................................... 170
7.1.7. Key strategic moves and developments ..................................................................... 172
7.2. ALLTECH, INC. ......................................................................................................... 173

7.2.2. Company snapshot .............................................................................................................. 174
7.3. CARGILL INC. ........................................................................................................... 175

7.3.3. Operating business segments ......................................................................................... 177

Global Poultry
Feed Market 7.3.5. Business performance......................................................................................................... 178

Opportunity Analysis 7.4. CHAROEN POKPHAND FOODS PCL. (CPF) ........................................................... 181
2019-2023 7.4.1. Company overview .............................................................................................................. 181
14
7.4.3. Operating business segments ......................................................................................... 182
7.5. DE HEUS ................................................................................................................... 187

7.6. FORFARMERS N.V. .................................................................................................. 190


Global Poultry
Feed Market 7.6.3. Operating business segments ......................................................................................... 192

Opportunity Analysis 7.6.5. R&D Expenditure .................................................................................................................. 193
2019-2023 7.6.6. Business performance......................................................................................................... 194
15
7.7. KENT NUTRITION GROUP ...................................................................................... 196
7.8. LAND O'LAKES, INC. ............................................................................................... 199

7.9. NUTRECO N.V.......................................................................................................... 201


Global Poultry
Feed Market 7.9.4. Business performance......................................................................................................... 203

Opportunity Analysis 7.10. ROYAL AGRIFIRM GROUP ...................................................................................... 205
2019-2023 7.10.1. Company overview .............................................................................................................. 205
16
7.10.4. R&D Expenditure .................................................................................................................. 207
Global Poultry
Feed Market
2019-2023
17
LIST OF TABLES
TABLE 01. POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) .........................................................................50
TABLE 02. POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 (KILOTON)...........................................................................50
TABLE 03. COMPLETE FEED IN POULTRY FEED MARKET, BY REGION, 2016–2023 ($MILLION) ..........................................52
TABLE 04. CONCENTRATES IN POULTRY FEED MARKET, BY REGION, 2016–2023 ($MILLION) ...........................................55
TABLE 05. PREMIX POULTRY FEED MARKET, BY REGION, 2016–2023 ($MILLION) ...............................................................58
TABLE 06. POULTRY FEED MARKET, BY REGION, 2016–2023 ($MILLION) ..............................................................................61
TABLE 07. NORTH AMERICA POULTRY FEED, BY FEED TYPE, 2016–2023 ($MILLION)..........................................................63
TABLE 08. NORTH AMERICA POULTRY FEED, BY FEED TYPE, 2016–2023 (KILOTON) ...........................................................63
TABLE 09. NORTH AMERICA POULTRY FEED, BY COUNTRY, 2016–2023 ($MILLION) ............................................................64
TABLE 10. U.S. POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) .................................................................66
TABLE 11. CANADA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ........................................................68
TABLE 12. MEXICO POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ..........................................................70
TABLE 13. EUROPE POULTRY FEED, BY FEED TYPE, 2016–2023 ($MILLION) .........................................................................72
Global Poultry TABLE 14. EUROPE POULTRY FEED, BY FEED TYPE, 2016–2023 (KILOTON) ...........................................................................72
Feed Market TABLE 15. EUROPE POULTRY FEED, BY COUNTRY, 2016–2023 ($MILLION) ...........................................................................73
TABLE 16. UK POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ...................................................................75
Opportunity Analysis TABLE 17. FRANCE POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) .........................................................77
2019-2023 TABLE 18. THE NETHERLANDS ECONOMY POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) .................79
TABLE 19. GERMANY POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) .....................................................81
18
TABLE 20. ITALY POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ..............................................................83
TABLE 21. REST OF EUROPE POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) .........................................85
TABLE 22. ASIA-PACIFIC POULTRY FEED, BY FEED TYPE, 2016–2023 ($MILLION) ................................................................87
TABLE 23. ASIA-PACIFIC POULTRY FEED, BY FEED TYPE, 2016–2023 (KILOTON) ..................................................................87
TABLE 24. ASIA-PACIFIC POULTRY FEED, BY COUNTRY, 2016–2023 ($MILLION)...................................................................88
TABLE 25. CHINA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ............................................................90
TABLE 26. JAPAN ECONOMY POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION).........................................92
TABLE 27. INDIA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ..............................................................94
TABLE 28. AUSTRALIA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ...................................................96
TABLE 29. UZBEKISTAN ECONOMY POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ..............................98
TABLE 30. NEPAL ECONOMY POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ..................................... 100
TABLE 31. REST OF ASIA-PACIFIC POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ............................. 102
TABLE 32. MIDDLE EAST POULTRY FEED, BY FEED TYPE, 2016–2023 ($MILLION) ............................................................. 104
TABLE 33. MIDDLE EAST POULTRY FEED, BY FEED TYPE, 2016–2023 (KILOTON) .............................................................. 104
TABLE 34. MIDDLE EAST POULTRY FEED, BY COUNTRY, 2016–2023 ($MILLION) ............................................................... 105
Global Poultry TABLE 35. YEMEN POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ........................................................ 107
Feed Market TABLE 36. IRAQ POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ............................................................ 109
TABLE 37. LEBANON POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ................................................... 111
Opportunity Analysis TABLE 38. IRAN POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ............................................................ 113
2019-2023 TABLE 39. TURKEY POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION)....................................................... 115
19
TABLE 40. REST OF MIDDLE EAST POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ............................ 117
TABLE 41. AFRICA POULTRY FEED, BY FEED TYPE, 2016–2023 ($MILLION) ........................................................................ 119
TABLE 42. AFRICA POULTRY FEED, BY FEED TYPE, 2016–2023 (KILOTON).......................................................................... 119
TABLE 43. AFRICA POULTRY FEED, BY COUNTRY, 2016–2023 ($MILLION) .......................................................................... 120
TABLE 44. TUNISIA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ...................................................... 122
TABLE 45. UGANDA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ..................................................... 124
TABLE 46. NIGERIA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ...................................................... 126
TABLE 47. SUDAN POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ........................................................ 128
TABLE 48. ANGOLA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION)...................................................... 130
TABLE 49. CAMEROON POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION)................................................ 132
TABLE 50. LIBYA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) .......................................................... 134
TABLE 51. MALI POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ............................................................ 136
TABLE 52. SOUTH AFRICA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) .......................................... 138
TABLE 53. REST OF AFRICA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ....................................... 140
TABLE 54. SOUTH AMERICA POULTRY FEED, BY FEED TYPE, 2016–2023 ($MILLION) ....................................................... 142
Global Poultry TABLE 55. SOUTH AMERICA POULTRY FEED, BY FEED TYPE, 2016–2023 (KILOTON) ......................................................... 142
Feed Market TABLE 56. SOUTH AMERICA POULTRY FEED, BY COUNTRY, 2016–2023 ($MILLION) ......................................................... 143
TABLE 57. BRAZIL POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ........................................................ 145
Opportunity Analysis TABLE 58. ARGENTINA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION)................................................ 147
2019-2023 TABLE 59. PERU POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ........................................................... 149
20
TABLE 60. SURINAME POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION) ................................................. 151
TABLE 61. REST OF SOUTH AMERICA POULTRY FEED MARKET, BY FEED TYPE, 2016–2023 ($MILLION)....................... 153
TABLE 62. ADM: KEY EXECUTIVES ................................................................................................................................................. 166
TABLE 63. ADM: COMPANY SNAPSHOT ........................................................................................................................................ 166
TABLE 64. ADM: OPERATING SEGMENTS ..................................................................................................................................... 167
TABLE 65. ADM: PRODUCT PORTFOLIO ........................................................................................................................................ 168
TABLE 66. ALLTECH, INC.: KEY EXECUTIVES ................................................................................................................................ 173
TABLE 67. ALLTECH, INC.: COMPANY SNAPSHOT ....................................................................................................................... 174
TABLE 68. ALLTECH, INC.: PRODUCT PORTFOLIO ....................................................................................................................... 174
TABLE 69. CARGILL INC.: KEY EXECUTIVES .................................................................................................................................. 175
TABLE 70. CARGILL INC.: COMPANY SNAPSHOT ........................................................................................................................ 176
TABLE 71. CARGILL INC.: OPERATING SEGMENTS...................................................................................................................... 177
TABLE 72. CARGILL INC.: PRODUCT PORTFOLIO ......................................................................................................................... 177
TABLE 73. CPF: KEY EXECUTIVES ................................................................................................................................................... 181
TABLE 74. CPF: COMPANY SNAPSHOT ......................................................................................................................................... 182

Global Poultry TABLE 75. CPF: OPERATING SEGMENTS ...................................................................................................................................... 182
Feed Market TABLE 76. CPF: PRODUCT PORTFOLIO ......................................................................................................................................... 183
TABLE 77. DE HEUS: KEY EXECUTIVES .......................................................................................................................................... 187

Opportunity Analysis TABLE 78. DE HEUS: COMPANY SNAPSHOT ................................................................................................................................ 188
2019-2023 TABLE 79. DE HEUS: PRODUCT PORTFOLIO ................................................................................................................................. 188
21
TABLE 80. FORFARMERS N.V.: KEY EXECUTIVES ........................................................................................................................ 191
TABLE 81. FORFARMERS N.V.: COMPANY SNAPSHOT ............................................................................................................... 191
TABLE 82. FORFARMERS N.V.: OPERATING SEGMENTS ............................................................................................................ 192
TABLE 83. FORFARMERS N.V.: PRODUCT PORTFOLIO ............................................................................................................... 192
TABLE 84. KENT: KEY EXECUTIVES ................................................................................................................................................ 196
TABLE 85. KENT: COMPANY SNAPSHOT ....................................................................................................................................... 197
TABLE 86. KENT: PRODUCT PORTFOLIO ....................................................................................................................................... 197
TABLE 87. LAND O'LAKES, INC.: KEY EXECUTIVES ...................................................................................................................... 199
TABLE 88. LAND O'LAKES, INC.: COMPANY SNAPSHOT............................................................................................................. 200
TABLE 89. LAND O'LAKES, INC.: PRODUCT PORTFOLIO ............................................................................................................. 200
TABLE 90. NUTRECO N.V.: KEY EXECUTIVES ................................................................................................................................ 202
TABLE 91. NUTRECO N.V.: COMPANY SNAPSHOT ....................................................................................................................... 202
TABLE 92. NUTRECO N.V.: PRODUCT PORTFOLIO ....................................................................................................................... 203
TABLE 93. ROYAL AGRIFIRM GROUP: KEY EXECUTIVES ............................................................................................................ 205
TABLE 94. ROYAL AGRIFIRM GROUP: COMPANY SNAPSHOT ................................................................................................... 206

Global Poultry TABLE 95. ROYAL AGRIFIRM GROUP: PRODUCT PORTFOLIO ................................................................................................... 206
Feed Market
2019-2023
22
LIST OF FIGURES
FIGURE 01. POULTRY FEED MARKET SEGMENTATION ...................................................................................................................36
FIGURE 02. MODERATE BARGAINING POWER OF SUPPLIERS ......................................................................................................38
FIGURE 03. HIGH BARGAINING POWER OF BUYERS .......................................................................................................................39
FIGURE 04. LOW THREAT OF NEW ENTRANTS .................................................................................................................................40
FIGURE 05. LOW THREAT OF SUBSTITUTION ....................................................................................................................................41
FIGURE 06. HIGH INTENSITY OF COMPETITIVE RIVALRY ................................................................................................................42
FIGURE 07. POULTRY FEED MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES ..............................................................43
FIGURE 08. GLOBAL GDP PER CAPITA GROWTH, 2013–2017 (%) ..............................................................................................45
FIGURE 09. U.S. QUICK SERVICE RESTAURANT FRANCHISE ESTABLISHMENTS, 2012–2017 ................................................48
FIGURE 10. POULTRY FEED MARKET, BY FEED TYPE, 2018 (%) ...................................................................................................49
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF COMPLETE FEED IN POULTRY FEED MARKET, BY REGION,
2016 & 2023 (%) .............................................................................................................................................................53
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF CONCENTRATES IN POULTRY FEED MARKET, BY REGION, 2016
& 2023 (%) ........................................................................................................................................................................56
Global Poultry FIGURE 13. COMPARATIVE SHARE ANALYSIS OF PREMIX IN POULTRY FEED MARKET, BY REGION, 2016 & 2023
Feed Market (%) .......................................................................................................................................................................................59
FIGURE 14. POULTRY FEED MARKET, BY REGION, 2018 (%) .........................................................................................................60
Opportunity Analysis FIGURE 15. U.S. POULTRY FEED MARKET, 2016–2023 ($MILLION) ............................................................................................65
2019-2023 FIGURE 16. CANADA POULTRY FEED MARKET, 2016–2023 ($MILLION)....................................................................................67
FIGURE 17. MEXICO POULTRY FEED MARKET, 2016–2023 ($MILLION) .....................................................................................69
23
FIGURE 18. UK POULTRY FEED MARKET, 2016–2023 ($MILLION) ..............................................................................................74
FIGURE 19. FRANCE POULTRY FEED MARKET, 2016–2023 ($MILLION) ....................................................................................76
FIGURE 20. THE NETHERLANDS POULTRY FEED MARKET, 2016–2023 ($MILLION) ................................................................78
FIGURE 21. GERMANY POULTRY FEED MARKET, 2016–2023 ($MILLION).................................................................................80
FIGURE 22. ITALY POULTRY FEED MARKET, 2016–2023 ($MILLION) .........................................................................................82
FIGURE 23. REST OF EUROPE POULTRY FEED MARKET, 2016–2023 ($MILLION) ....................................................................84
FIGURE 24. CHINA POULTRY FEED MARKET, 2016–2023 ($MILLION)........................................................................................89
FIGURE 25. JAPAN POULTRY FEED MARKET, 2016–2023 ($MILLION) .......................................................................................91
FIGURE 26. INDIA POULTRY FEED MARKET, 2016–2023 ($MILLION) .........................................................................................93
FIGURE 27. AUSTRALIA POULTRY FEED MARKET, 2016–2023 ($MILLION) ...............................................................................95
FIGURE 28. UZBEKISTAN POULTRY FEED MARKET, 2016–2023 ($MILLION) ............................................................................97
FIGURE 29. NEPAL POULTRY FEED MARKET, 2016–2023 ($MILLION) .......................................................................................99
FIGURE 30. REST OF ASIA-PACIFIC POULTRY FEED MARKET, 2016–2023 ($MILLION) ........................................................ 101
FIGURE 31. YEMEN POULTRY FEED MARKET, 2016–2023 ($MILLION) ................................................................................... 106
FIGURE 32. IRAQ POULTRY FEED MARKET, 2016–2023 ($MILLION) ....................................................................................... 108
Global Poultry FIGURE 33. LEBANON POULTRY FEED MARKET, 2016–2023 ($MILLION)............................................................................... 110
Feed Market FIGURE 34. IRAN POULTRY FEED MARKET, 2016–2023 ($MILLION) ....................................................................................... 112
FIGURE 35. TURKEY POULTRY FEED MARKET, 2016–2023 ($MILLION) .................................................................................. 114
Opportunity Analysis FIGURE 36. REST OF MIDDLE EAST POULTRY FEED MARKET, 2016–2023 ($MILLION) ....................................................... 116
2019-2023 FIGURE 37. TUNISIA POULTRY FEED MARKET, 2016–2023 ($MILLION) .................................................................................. 121
24
FIGURE 38. UGANDA POULTRY FEED MARKET, 2016–2023 ($MILLION) ................................................................................ 123
FIGURE 39. NIGERIA POULTRY FEED MARKET, 2016–2023 ($MILLION) ................................................................................. 125
FIGURE 40. SUDAN POULTRY FEED MARKET, 2016–2023 ($MILLION) ................................................................................... 127
FIGURE 41. ANGOLA POULTRY FEED MARKET, 2016–2023 ($MILLION) ................................................................................. 129
FIGURE 42. CAMEROON POULTRY FEED MARKET, 2016–2023 ($MILLION) ........................................................................... 131
FIGURE 43. LIBYA POULTRY FEED MARKET, 2016–2023 ($MILLION)...................................................................................... 133
FIGURE 44. MALI POULTRY FEED MARKET, 2016–2023 ($MILLION) ....................................................................................... 135
FIGURE 45. SOUTH AFRICA POULTRY FEED MARKET, 2016–2023 ($MILLION) ..................................................................... 137
FIGURE 46. REST OF AFRICA POULTRY FEED MARKET, 2016–2023 ($MILLION) .................................................................. 139
FIGURE 47. BRAZIL POULTRY FEED MARKET, 2016–2023 ($MILLION) ................................................................................... 144
FIGURE 48. ARGENTINA POULTRY FEED MARKET, 2016–2023 ($MILLION) ........................................................................... 146
FIGURE 49. PERU POULTRY FEED MARKET, 2016–2023 ($MILLION) ...................................................................................... 148
FIGURE 50. SURINAME POULTRY FEED MARKET, 2016–2023 ($MILLION)............................................................................. 150
FIGURE 51. REST OF SOUTH AMERICA POULTRY FEED MARKET, 2016–2023 ($MILLION) .................................................. 152
FIGURE 52. TOP WINNING STRATEGIES, BY YEAR, 2016–2019* ............................................................................................. 155

Global Poultry FIGURE 53. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2019* (%) ..................................................................... 156
Feed Market FIGURE 54. TOP WINNING STRATEGIES, BY COMPANY, 2016–2019*..................................................................................... 157
FIGURE 55. ADM: R&D EXPENDITURE, 2016–2018 ($MILLION) ............................................................................................... 169

Opportunity Analysis FIGURE 56. ADM: NET SALES, 2016–2018 ($MILLION) .............................................................................................................. 170
2019-2023 FIGURE 57. ADM: REVENUE SHARE BY SEGMENT, 2018 (%)...................................................................................................... 171
25
FIGURE 58. ADM: REVENUE SHARE BY REGION, 2018 (%) ......................................................................................................... 171
FIGURE 59. CARGILL INC.: NET SALES, 2016–2018 ($MILLION) ............................................................................................... 178
FIGURE 60. CARGILL INC.: REVENUE SHARE BY REGION, 2018 (%) .......................................................................................... 179
FIGURE 61. CPF: NET SALES, 2016–2018 ($MILLION) ................................................................................................................ 184
FIGURE 62. CPF: REVENUE SHARE BY SEGMENT, 2018 (%) ....................................................................................................... 185
FIGURE 63. CPF: REVENUE SHARE BY REGION, 2018 (%) ........................................................................................................... 185
FIGURE 64. FORFARMERS N.V.: R&D EXPENDITURE, 2016–2018 ($MILLION) ...................................................................... 193
FIGURE 65. FORFARMERS N.V.: NET SALES, 2016–2018 ($MILLION) ..................................................................................... 194
FIGURE 66. FORFARMERS N.V.: REVENUE SHARE BY SEGMENT, 2018 (%) ............................................................................. 195
FIGURE 67. FORFARMERS N.V.: REVENUE SHARE BY REGION, 2018 (%) ................................................................................ 195
FIGURE 68. NUTRECO N.V.: NET SALES, 2016–2018 ($MILLION) .............................................................................................. 203
FIGURE 69. ROYAL AGRIFIRM GROUP: R&D EXPENDITURE, 2016–2018 ($MILLION) .......................................................... 207
FIGURE 70. ROYAL AGRIFIRM GROUP: NET SALES, 2016–2018 ($MILLION) ......................................................................... 208
FIGURE 71. ROYAL AGRIFIRM GROUP: REVENUE SHARE BY ACTIVITY, 2018 (%)................................................................... 209
FIGURE 72. ROYAL AGRIFIRM GROUP: REVENUE SHARE BY REGION, 2018 (%) .................................................................... 209
Global Poultry
Feed Market
2019-2023
26
CHAPTER 1: INTRODUCTION
Poultry feed is used as food for poultry birds, including, ducks, turkey, chickens, geese and other domestic birds.
Poultry birds require a specific amount of carbohydrates and proteins, along with the necessary, dietary
minerals, vitamins, and an adequate quantity of fresh & clean water. Presently, owing to commercialization of
poultry, large flocks of poultry birds are presently in farms. Thus, to overcome the nutritional demand,
nutritionally complete poultry feed is required in massive quantities. This nutritional feed consists of grains and
protein supplement such as soybean meal, maize, along with added minerals and vitamins.
The nutrition or feed requirement of poultry birds depends on various factors such as age, weight, rate of egg
production, growth rate, and climatic condition, which have boosted the requirement for a wide variety of feed
formulations. Local ingredients such as barley and maze can be used in combination as a low-cost ingredient.
Poultry feed is available in three forms, including crumbles, pellets, and mash. Crumbles serve as an ideal form
of feed, as they contain large amount of proteins. Although mash is used for young birds, it can be mixed with
warm water to make a thick oatmeal-like treat for chickens. However, it must be fed immediately, as it becomes
moldy if not consumed for a longer time.
Global Poultry Rise in animal protein demand is expected to serve as a key driving factor of the global poultry feed market
Feed Market doing the forecast period. In addition, increase in demand for fast food & processed food coupled with rise in
poultry exports from Asia-Pacific is expected to propel the market growth. Rise in poultry consumption in North
Opportunity Analysis America on account of increasing beef prices is expected to further contribute toward the growth of the poultry
and Industry Forecast, feed market. Moreover, implementation of government regulations regarding use of feed additives to boost
2019-2023
the quality of poultry feed in countries such as China, India, and Brazil is expected to supplement the market
27
growth. In addition, lack of any religious implications on poultry meat that are associated with beef and pork
accelerates the market growth. However, increase in incidence of poultry diseases, such as bird flu, is expected
to restrict the market growth.
The global poultry feed market is segmented based on feed type and region. On the basis of feed type, the
market is classified into complete feed, concentrates, and premix. Region wise, it is analyzed across North
America, Europe, Asia-Pacific, and LAMEA.
The major players analyzed in the poultry feed market include Cargill Inc., Cargill Inc., Land O’Lakes, Inc., Tyson
Foods, Inc., Alltech, ADM Animal Nutrition, Perdue Farms Inc., J.D. Heiskell & Co., Kent Nutrition Group, Inc., Hi-
Pro Feeds, Inc., and Southern States Cooperative.
1.1. Key benefits for stakeholders

 This report provides a quantitative analysis of the current poultry feed market trends, estimations, and
dynamics of the global poultry feed market from 2016 to 2023 to identify the prevailing market
opportunities.
 The key countries in all the major regions are mapped based on their poultry feed market share.
Global Poultry  Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to
make profit-oriented business decisions and strengthen their supplier–buyer network.
Feed Market
 In-depth analysis of the poultry feed market segmentation assists to determine the prevailing poultry
feed market opportunities.
and Industry Forecast,  Major countries in each region are mapped according to their revenue contribution to the global
2019-2023 industry.
28
 Market player positioning segment facilitates benchmarking and provides a clear understanding of the
present position of the market players.
 The report includes the analysis of the regional as well as global poultry feed market, key players,
market segments, fish types, and growth strategies.
1.2. Key market segments
• North America
• Europe
• Complete Feed
• Concentrates By By • Asia-Pacific
• Premix Feed Type Region • Middle East

• Africa
• South America
Global Poultry
Feed Market
Opportunity Analysis Source: Primary & Secondary Research and AMR Analysis
2019-2023
29
1.3. Research methodology
With collective industry experience of about 100 years of its analysts and experts, Allied Market Research (AMR)
encompasses the most infallible research methodology for its market intelligence and industry analysis. We not
only engrave the deepest levels of markets, but also sneak through its slimmest details for the purpose of our
market estimates and forecasts. Our approach helps build a greater market consensus view for size, shape, and
industry trends within each industry segment. We carefully factor in industry trends and real developments to
identify key growth factors and the future course of the market. Our research proceeds are the resultant of high-
quality data, expert views & analysis, and high value independent opinions. Our research process is designed
to deliver a balanced view of the Europe markets and allows stakeholders to make informed decisions to attain
their highest growth objectives.
We offer our clients exhaustive research and analysis based on a wide variety of factual inputs, which largely
include interviews with industry participants, reliable statistics, and regional intelligence. Our in-house industry
experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a
particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the
accuracy of our recommendations and advice.
Global Poultry
Feed Market
2019-2023
30
With AMR’s calibrated research process and 360-degree data-evaluation methodology, our clients are assured
of receiving:
 Consistent, valuable, robust, and actionable data & analysis that can easily be referenced for strategic
business planning
 Technologically sophisticated and reliable insights through a well-audited and veracious research
methodology
 Sovereign research proceeds that present a tangible depiction of the marketplace
With a strong methodology, we are therefore confident that our research and analysis are most reliable and
guarantees sound business planning.
The research methodology of the Poultry feed market involves extensive primary and secondary research.
Primary research includes about 12 hours of interviews and discussions (telephonic, face-to-face, emails, and
others), with a wide range of stakeholders that include upstream and downstream participants. Primary research
typically is a bulk of our research efforts, however, coherently supported by extensive secondary research.
Researchers have reviewed over 6,765 product literatures, industry releases, annual reports, and other such
Global Poultry documents of key industry participants to understand the market better with enhanced competitive intelligence.
Feed Market In addition, authentic industry journals, trade associations’ releases, and government websites were reviewed
to generate high-value industry insights.
2019-2023
31
1.3.1. Secondary research
We refer to a broad array of industry Sources for our secondary research, which typically include, but are not
limited to:
 Company SEC filings, annual reports, company websites, broker & financial reports, and investor
presentations for a competitive scenario and shape of the industry
 Patent and regulatory databases to understand technical and legal developments
 Scientific and technical writings for product information and related preemptions
 Regional government and statistical databases for macro analysis
 Authentic new articles, webcasts, and other related releases for market evaluation
 Internal and external proprietary databases, key market indicators, and relevant press releases for
market estimates and forecasts
1.3.2. Primary research

The primary research includes reaching out to participants through mail, telephonic conversations, referrals,
professional networks, and formal interactions. The aforementioned helps:
Global Poultry
Feed Market  Validate and improve the data quality and strengthen research proceeds
 Develop market understanding and expertise
Opportunity Analysis  Supply authentic information about market size, share, growth, and forecast
2019-2023
32
The primary research interview and discussion panels comprise most experienced industry personnel. These
participants include, but are not limited to:
 Chief executives and VPs of leading corporations specific to the industry

 Product and sales managers or Region heads; channel partners & top-level distributors, and banking,
investments, and valuation experts
 Key opinion leaders (KOLs)
1.3.3. Analyst tools and models

AMR has developed a set of analyst tools and data models to supplement and expedite the analysis process.
Corresponding to markets where there is significant lack of information and estimates, AMR’s team of experts
and analysts develops specific analyst tools and industry models to translate qualitative and quantitative
industry indicators into exact industry estimates. These models also allow analysts to examine the prospects
and opportunities that prevail in the market to accurately forecast the course of the market.
Global Poultry
Feed Market
2019-2023
33
CHAPTER 2: EXECUTIVE SUMMARY
The global poultry feed market size is expected to account for $157,715.1 million by 2023, growing at a CAGR
of 6.9% from 2019 to 2023. In 2018, the complete feed segment led the poultry feed market, followed by the
concentrates segment. Growth of the complete feed segment is supplemented by rise in global population,
increase in poultry meat demand, and surge in poultry production.
According to the United Nations Food and Agriculture Organization (FAO), the demand for food is estimated
to grow by 60% between 2010 and 2050, whereas the demand for animal protein is expected to grow by around
1.7% per year. Thus, this factor is expected to contribute toward the growth of the poultry feed market during
the forecast period.
Increase in investments in poultry feed mills, poultry houses (for both broiler and egg production), and
slaughterhouses is currently booming in Western and Eastern Africa. The investments in Africa are done by local
people, international agribusiness firms that are already involved in businesses in Africa, international
agribusiness firms seeking for new opportunities, or African countries (such as Morocco or South Africa) that
are investing in neighboring countries. For example, Sedima, a giant of the Western African French-speaking
Global Poultry countries, was established in 1976 with only 120 chicks. Over the years, Sedima witnessed a number of
Feed Market improvements and investments. Presently, the company owns a slaughterhouse with stork equipment and with
a capacity of 4,000 to 6,000 chicks per hour. In addition, it works in collaboration with KFC to supply its broiler
Opportunity Analysis meat. Thus, investment in poultry infrastructure throughout African region is expected to accelerate the growth
and Industry Forecast, of the poultry feed market.
2019-2023
34
Furthermore, rise in animal protein demand is expected to remain a key driving factor of the global poultry feed
market during the forecast period. In addition, increase in demand for fast food and processed food coupled
with rise in poultry exports from Asia-Pacific is expected to further strengthen the market growth. Moreover,
upsurge in poultry consumption in North America on account of rising beef prices is expected to contribute
toward the market growth. Lenient government regulations regarding the use of feed additives to boost the
quality of poultry feed in countries such as China, India, and Brazil is expected to further complement global
poultry feed market growth. In addition, lack of any religious implications on poultry meat that are associated
with beef and pork drive the growth of the market. However, surge in prevalence of poultry diseases, such as
bird flu, is expected to restrain the market growth. Increase in population base is a key factor that boosts the
food demand, which in turn is anticipated to fuel the growth of the market. In addition, rise in consumption of
poultry and development of advanced feed formulations supplement the market growth. However, increase in
raw material prices such as maize and corn and prevalence of diseases such as bird flu are expected to dissuade
the market expansion during the poultry feed market forecast period.
The global poultry feed market is segmented based on feed type and region. Depending on feed type, the
market is classified into complete feed, concentrates, and premix. Complete feed is a mixture of various
Global Poultry concentrate feed ingredients in suitable proportion. Commonly used ingredients in poultry feed include grains,
barley, maize, minerals and vitamins among others. This nutritional feed consists of grains, and protein
Feed Market
supplement such as soybean meal, maize, along with added minerals and vitamins. The nutrition or feed
requirement of poultry birds depend on various factors such as age, weight, rate of egg production, growth
and Industry Forecast, rate, and climatic condition among others. Thus, the above factors have resulted into wide variety of feed
2019-2023 formulations. The cost of complete feed is also low mainly due to low cost of ingredient and higher production
35
that is expected to escalate the market growth. According to FAO, annual meat consumption in China alone is
predicted to increase from about 50 kg per capita today to approximately 70 kg per capita by 2030. Moreover,
rapid urbanization and increase in disposable income in the region are expected to be the prime drivers of the
market. In addition, rise in government initiatives to increase meat production to meet the rising food demand
is expected to boost the market growth.
The key players operating in the poultry feed industry profiled in this report include Cargill Inc., Cargill Inc., Land
O’Lakes, Inc., Tyson Foods, Inc., Alltech, ADM Animal Nutrition, Perdue Farms Inc., J.D. Heiskell & Co., Kent
Nutrition Group, Inc., Hi-Pro Feeds, Inc., and Southern States Cooperative.
FIGURE 01. POULTRY FEED MARKET SEGMENTATION
SEGMENT SUBSEGMENT REVENUE-2016 FORECAST-2023 CAGR (2019-2023)
Complete Feed $88,305.0 Million $136,189.1 Million 6.6%
Feed Type Concentrates $8,382.6 Million $15,888.6 Million 8.4%
Premix $2,198.2 Million $5,637.3 Million 8.9%
North America $18,478.1 Million $28,346.7 Million 7.6%

Global Poultry Europe $13,845.9 Million $23,531.9 Million 8.3%
Feed Market Asia-Pacific $30,418.3 Million $54,797.7 Million 9.3%
Region
Middle East $5,300.5 Million $10,360.2 Million 6.6%
Opportunity Analysis Africa $8,156.4 Million $13,877.6 Million 4.9%
2019-2023 South America $22,686.5 Million $26,800.9 Million 2.1%
Source: Primary & Secondary Research and AMR Analysis
36
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
Poultry feed refers to the nutritional food produced with specific formulations that is fed to poultry birds for
healthy growth. The ingredients used for the preparation of complete feed include protein Source, fats & oils,
vitamins, minerals, amino acids, and others. on the other hand, a feed used in combination with another feed
to improve the nutritional balance of the total feed, and is to be further diluted and mixed to prepare a
nutritional supplement serves as a concentrate feed.
The report covers the detailed analysis of the trends, future estimations, and a thorough study of the poultry
feed based on feed type and region. Furthermore, the study analyzes government regulations and policies to
provide information on the current market trends in different regions and suggests the future growth
opportunities. Moreover, it covers the overall net value of different products of poultry feed across the globe.
The study highlights Porter’s five forces analysis to determine the factors affecting the market growth. These
factors include raw material prices, intense competition, end users, manufacturers, and suppliers. To understand
the market, drivers, restraints, and opportunities are explained in the report.
Global Poultry
Feed Market
2019-2023
37
3.2. Porter's five force analysis
3.2.1. Bargaining power of suppliers
FIGURE 02. MODERATE BARGAINING POWER OF SUPPLIERS
Determinant
Determinant Determinant Impact on Market
Strength
LOW MODERATE HIGH
Number of Raw Material Suppliers High
Product Differentiation Moderate
Switching Cost Moderate
High
Product Quality
Global Poultry
Feed Market
2019-2023
38
3.2.2. Bargaining power of buyers
FIGURE 03. HIGH BARGAINING POWER OF BUYERS
Determinant
Strength
LOW MODERATE HIGH
Number of Manufacturers High
Price Sensitivity High
Switching Cost Low
Product Knowledge High
Global Poultry
Feed Market
2019-2023
39
3.2.3. Threat of new entrants
FIGURE 04. LOW THREAT OF NEW ENTRANTS
Determinant
Strength
LOW MODERATE HIGH
Investment Cost High
Legal Barriers Low
Demand Potential High
Brans Loyalty High
Global Poultry
Feed Market
2019-2023
40
3.2.4. Threat of substitution
FIGURE 05. LOW THREAT OF SUBSTITUTION
Determinant
Strength
LOW MODERATE HIGH
Product Differentiation Low
Price War Moderate
Brand Loyalty High
Ease of Substitution Low
Performance of Substitute Low
Global Poultry
Feed Market
2019-2023
41
3.2.5. Intensity of competitive rivalry
FIGURE 06. HIGH INTENSITY OF COMPETITIVE RIVALRY
Determinant
Strength
LOW MODERATE HIGH
Number of Players Moderate
Strategies High
Innovation High
Growth Rate High
Supply-Demand Gap Low
Exit Barriers Moderate

Global Poultry
Feed Market
2019-2023
42
3.3. Market dynamics
FIGURE 07. POULTRY FEED MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
DRIVERS RESTRAINT
 Rise in consumption of
 Increase in prevalence of
poultry meat
poultry disease
 High disposable income
D R
O
OPPORTUNITIES
 Surge in global population
Global Poultry  Rise in demand for fast food
Feed Market and processed food
2019-2023
43
3.3.1. Drivers
3.3.1.1. Rise in consumption of poultry meat
Animal-Source foods such as poultry meat and eggs are widely consumed across diverse cultures and traditions.
The demand for poultry meat and eggs has increased rapidly in past decades, owing to the fact that chicken
meat is affordable, low in fats, and faces few religious & cultural barriers Upsurge in population has further
fueled the demand for poultry meat to cater to the increasing consumer requirements, which acts as a key driver
of the global market. In addition, increase in urbanization and rise in disposable income in developing countries
significantly contribute toward the growth of the market.
Furthermore, increase in health consciousness among consumers boost the demand for poultry meat and eggs,
as they provide proteins and have low fat content, with a desirable fatty acid profile. Urban and peri-urban
dwellers consume poultry raised in intensive systems, either locally produced or imported, however, niche
markets prefer indigenous poultry and poultry products. In rural areas of developing countries, most households
consume meat and eggs from their own, usually small, flocks of indigenous birds.
Meat and eggs are not the only important poultry products; a significant by-product of animal waste is manure,
which has robust economic value, whether sold or directly applied to crops by farmers. Furthermore, down and
Global Poultry
feathers are extensively used in apparels and upholstery padding applications, as they provide extreme softness
Feed Market
and offer superior comfort without excess weight with enhanced insulation. In mixed farming systems, other
products such as egg shells can be fed to other farm animals such as pigs. Thus, all these factors collectively
boost the demand for poultry meat, eggs, and other by-products.
2019-2023
44
3.3.1.2. High disposable income
Global per capita income has witnessed a strong growth rate over the past few years, particularly in African and
South American economies. Increased purchasing power of consumers in these economies has led to increase
in demand for food. According to estimates, the per capita income in the next decade is expected to increase
twice as fast in the developing countries relative to developed countries, which will boost the market growth.
Furthermore, quick service restaurants, often selling chicken products, serve as a relatively inexpensive Source
of away-from-home food, and therefore, frequently attracting consumers.
FIGURE 08. GLOBAL GDP PER CAPITA GROWTH, 2013 2017 (%)
2.00% 1.90%
1.80%
1.61%
1.60% 1.53%
1.38%
1.40% 1.24%
1.20%
1.00%
0.80%
Global Poultry 0.60%
Feed Market 0.40%

0.20%
0.00%
Opportunity Analysis 2012.5 2013 2013.5 2014 2014.5 2015 2015.5 2016 2016.5 2017 2017.5
Source: AMR Analysis
2019-2023
45
3.3.2. Restraint
3.3.2.1. Increase in prevalence of poultry diseases
Rise in incidence of poultry diseases is the leading challenge of the poultry industry. Farmers attempt to treat
diseases themselves using traditional medicines or modern drugs, and consult animal healthcare workers in
case their chickens fail to recover. This results in high mortality rate of poultry birds due to various diseases.
Increase in prevalence of Newcastle disease (NCD) is the key reason creating a major constraint to poultry
production in rural areas. In addition, vaccination coverage for poultry birds is low rural areas of various
countries. Although private veterinary practitioners support the vaccination of poultry by supplying and
delivering vaccines, technical constraints to sustain effective district vaccination programs, especially
unpredictable power supply to maintain cold chain, unreliable supply of vaccines, and inadequate extension
services significantly hamper the growth of the global market. Thus, lack of know-how about vaccination among
farmers acts as a major restraint of the poultry feed market.
3.3.3. Opportunities
3.3.3.1. Surge in global population
The poultry sector garners the leading position in the food value chain, as it meets the requirement of over
Global Poultry seven billion humans. Poultry products such as eggs and meat are considered the prime Source of protein,
Feed Market thereby catering to major human protein intake and acts as a potential remedy for under nourishment.
Economically, at the global level, the livestock sector contributes a staggering 40% of the global agricultural
Opportunity Analysis gross domestic product (GDP). Therefore, rise in population and rapid urbanization coupled with evolving health
2019-2023 and nutrition ideologies provide multiple trigger points for the poultry industry to maintain a healthy growth
rate. Furthermore, the industry is witnessing a transformational change with the adoption of industrialized
46
farming methods that utilize a much higher share of compound animal feed. Thus, increase in livestock is
expected to augment the farm income and will double the farm income in the coming years.
3.3.3.2. Rise in demand for fast food and processed food

Increase in popularity of quick service restaurants (QSRs), also known as fast-food restaurants, majorly boosts
the growth of the global poultry feed market. In developed economies, QSRs are often associated with fast
service, convenience, and inexpensive meals. In addition, QSRs offer special food items, which have in have
significantly attracted a number of consumers in developing countries. For instance, in certain developing
countries, this may include consumption of US- or western-style meals on special occasions. China and India
experienced noticeable growth in terms of poultry consumption, owing to the presence of large population
base and surge in number of QSRs such as McDonalds.
Furthermore, continuous increase in demand for meals including burger and fries in emerging economies, due
to the rapid expansion of QSRs, such as McDonald’s, Burger King, Wendy’s, and Subway, significantly contributes
toward the market growth. Moreover, the chicken burger -and-chips meals served by QSRs have witnessed
increasing popularity in many countries. These QSRs are large consumers of chicken, thus fueling the growth of
the market.
Global Poultry
Feed Market
2019-2023
47
FIGURE 09. U.S. QUICK SERVICE RESTAURANT FRANCHISE ESTABLISHMENTS, 2012 2017
No of Establishment
178,133.0 180,717.0 183,332.0 187,368.0 190,649.0
151,156.0
2012 2013 2014 2015 2016 2017
Source: AMR Analysis
The anticipated population growth in developing countries, coupled with rise in income levels and change in
diet, is expected to lead to further expansion of QSRs in these countries, which in turn boosts the demand for
poultry products.
Global Poultry
Feed Market
2019-2023
48
CHAPTER 4: POULTRY FEED MARKET, BY FEED TYPE
FIGURE 10. POULTRY FEED MARKET, BY FEED TYPE, 2018 (%)
89.0% 8.6% 2.3%

Complete Feed Concentrates Premix
Source: Primary Research, Government Publications, and AMR Analysis
4.1. Overview
Global Poultry Based on feed type, the poultry feed market is studied across complete feed, concentrates, and premix.
Feed Market Complete feed is referred to as feed containing all the proteins, vitamins, minerals, and other nutrients necessary
for healthy growth and increased egg production. Poultry feed concentrates are rich in vitamins, minerals,
amino acids, and other vital nutrients that are essential for healthy growth of the poultry birds. Premix feed is a
and Industry Forecast, mixture of vitamins, trace minerals, medicaments, feed supplements, and diluents. Premix feed is a value-added
2019-2023
solution for feeds with sustainable safety and quality to the feed.
49
4.1.1. Market size and forecast
Based on feed type, the global poultry feed market was valued at $98,886 million in 2016, and is projected to
grow at a CAGR of 6.9% to reach $157,715 million by 2023. Complete feed was the highest contributor with
$88,057 million in 2016, and is estimated to reach $134,967 million by 2023, growing at a CAGR of 6.6% from
2019 to 2023. The premix segment is estimated to reach $6,231 million by 2023 with a CAGR of 9.5%.
TABLE 01. POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete Feed 88,057 93,040 99,790 104,620 110,801 117,897 125,990 134,967 6.6%
Concentrates 8,508 9,718 11,174 11,888 12,813 13,885 15,123 16,516 8.6%
Premix 2,321 3,152 4,033 4,328 4,717 5,163 5,670 6,231 9.5%
Total 98,886 105,910 114,997 120,837 128,331 136,945 146,783 157,715 6.9%

Note: Total number may differ due to rounding off the decimal places.
TABLE 02. POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 (KILOTON)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Global Poultry Complete Feed 250,978 264,059 283,661 299,891 322,407 348,237 377,765 410,873 8.2%
Feed Market Concentrates 20,964 23,655 27,212 29,254 31,960 35,109 38,761 42,921 10.1%
Premix 4,967 6,613 8,428 9,133 10,022 11,039 12,199 13,490 10.2%
Opportunity Analysis Total 276,909 294,326 319,301 338,279 364,389 394,384 428,725 467,283 8.4%
and Industry Forecast, Source: Primary Research, Government Publications, and AMR Analysis
2019-2023 Note: Total number may differ due to rounding off the decimal places
50
4.2. Complete feed
Complete feed is consumed by chickens, ducks, geese, and other domestic birds. This feed consists largely of
grains, protein supplements, such as soybean oil meal, mineral supplements, and vitamin supplements.
Complete feed is formulated to meet the basic needs such as daily protein intake of poultry birds during the
various stages of growth, thus resulting in formulation of a wide variety of feed. The availability of less expensive
local substitutes along with additional variations helps in reducing the total cost of feed while maintaining its
quality.
4.2.1. Key market trends, growth factors, and opportunities

Increase in animal protein demand is expected to act as a key driving factor of the poultry feed market over the
next six years. Surge in number of fast-food chains and increase in poultry exports from Asia-Pacific are expected
to further strengthen the market growth. In addition, rise in consumption of poultry products in the U.S., the
UK, and Argentina on account of rising beef prices is expected to have a positive impact on the global market.

Based on complete feed poultry feed market was valued at $88,305.0 million in 2016, and is projected to reach
Global Poultry $136,189.1 million by 2023, growing at a CAGR of 6.6% from 2019 to 2023. Asia-Pacific was the highest
Feed Market contributor to this market, with $27,773.6 million in 2016, and is anticipated to reach $48,374.3 million by 2023,
registering a CAGR of 9.0%. Middle East is anticipated to reach $8,799.0 million by 2023 at a CAGR of 6.1%.
2019-2023
51
TABLE 03. COMPLETE FEED IN POULTRY FEED MARKET, BY REGION, 2016 2023 ($MILLION)
CAGR%
REGION 2016 2017 2018 2019 2020 2021 2022 2023
(2019–2026)
North America 16,879.8 17,294.7 18,363.6 19,164.8 20,452.7 21,910.0 23,575.1 25,497.9 7.4%
Europe 12,462.1 13,023.9 13,961.3 14,999.5 16,095.1 17,307.4 18,652.7 20,149.9 7.7%
ASIA-PACIFIC 27,773.6 29,238.1 31,793.1 34,266.1 37,205.6 40,500.5 44,202.8 48,374.3 9.0%
Middle East 4,734.3 5,503.6 6,632.3 6,955.2 7,331.4 7,772.4 8,275.3 8,799.0 6.1%
Africa 6,804.0 8,052.3 8,975.3 9,242.6 9,596.7 10,019.2 10,515.5 11,024.1 4.5%
South America 19,651.2 20,350.1 20,687.2 20,695.0 20,926.4 21,313.6 21,831.1 22,344.0 1.9%
Total 88,305.0 93,462.8 100,412.8 105,323.3 111,607.9 118,823.1 127,052.5 136,189.1 6.6%

Global Poultry
Feed Market
2019-2023
52
4.2.3. Market analysis, by region
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF COMPLETE FEED IN POULTRY FEED MARKET, BY REGION, 2016 & 2023 (%)
0.40 2016 2023

35.5%
0.35
31.5%
0.30
0.25 22.3%
19.1% 18.7%
0.20
16.4%
14.1% 14.8%
0.15
0.10 7.7% 8.1%

6.5%
5.4%
0.05
0.00
Complete feed North America Europe Asia-Pacific Middle East Africa
Global Poultry
Feed Market
2019-2023
53
4.3. Concentrates
Concentrate is a premium quality poultry feed available in crumbled form, and is formulated into a variety of
poultry rations. It provides proteins, lysine, methionine, calcium, phosphorus, salt, vitamins, and trace minerals.
Concentrate feed for boilers helps in in weight gain and faster growth, which in turns improves the feed
conversion ratio. On the other hand, concentrate feed for layers aids in meeting the nutritional needs of birds
and to optimize the egg production of the flock.

Rise in consumption of poultry products and change in food consumption habits are some of key reasons
driving the growth of the poultry feed market. in addition, increase in trend of contract farming (vertical
integration) is a prime factor that propels the demand for poultry feed across the globe, as manufacturers offer
high-quality poultry supplies, including feed, medications, and veterinary supplies to farmers to increase the
poultry output. Furthermore, consumption of poultry products is increasing owing to lack of religious
implications, which on the other hand are associated with beef and pork.
Global Poultry
Feed Market
2019-2023
54
Based on concentrates poultry feed market was valued at $8,382.6 million in 2016, and is projected to reach
$15,888.6 million by 2023, growing at a CAGR of 8.4% from 2019 to 2023. Asia-Pacific was the highest
contributor to this market, with $2,224.1 million in 2016, and is anticipated to reach $5,015.2 million by 2023,
registering a CAGR of 11.0%. Middle East is anticipated to reach $1,127.7 million by 2023 at a CAGR of 9.5%.
TABLE 04. CONCENTRATES IN POULTRY FEED MARKET, BY REGION, 2016 2023 ($MILLION)
CAGR %
REGION 2016 2017 2018 2019 2020 2021 2022 2023
(2019–2026)
North America 1,271.3 1,339.0 1,461.6 1,568.1 1,720.4 1,894.6 2,095.7 2,330.1 10.4%
Europe 1,046.8 1,208.0 1,429.9 1,544.5 1,724.5 1,929.5 2,163.8 2,432.2 12.0%
Asia-Pacific 2,224.1 2,534.7 2,983.8 3,302.9 3,652.1 4,048.7 4,500.0 5,015.2 11.0%
Middle East 427.3 548.0 726.8 783.3 852.5 933.3 1,026.3 1,127.7 9.5%
Africa 1,027.0 1,274.6 1,461.7 1,524.6 1,602.2 1,693.2 1,798.8 1,908.7 5.8%
South America 2,386.1 2,587.6 2,754.7 2,775.3 2,824.5 2,895.4 2,984.9 3,074.8 2.6%
Total 8,382.6 9,492.1 10,818.6 11,498.7 12,376.3 13,394.7 14,569.5 15,888.6 8.4%
Global Poultry Source: Primary Research, Government Publications, and AMR Analysis
Feed Market Note: Total number may differ due to rounding off the decimal places.
2019-2023
55
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF CONCENTRATES IN POULTRY FEED MARKET, BY REGION, 2016 & 2023 (%)
0.35 2016 2023

31.6%
0.30 28.5%
26.5%
0.25
19.4%
0.20
15.2% 14.7% 15.3%
0.15 12.5% 12.3% 12.0%
0.10
7.1%
5.1%
0.05
0.00
Concentrates North America Europe Asia-Pacific Middle East Africa
Global Poultry
Feed Market
2019-2023
56
4.4. Premix
Premix is a uniform mixture of one or more micro-ingredients with diluent and/or carrier. These ingredients are
required in small amounts (micrograms or parts per million), and are not intended for direct feeding to poultry
birds. Premix feed is consumed in combination with another feed to improve the nutritional balance of the total
feed, and is further diluted and mixed to prepare a complete feed or a nutritional supplement.

Consumers prefer white meat over red meat, which has led to increase in demand owing to health benefits from
poultry meat consumption. In addition, rise in awareness toward the benefits offered by premix feed such as
improvement in weight & digestion, rapid recovery of vitamin deficiencies, and protection against diseases
boosts the market growth. Moreover, rise in consumer awareness regarding poultry health and hygiene is
anticipated to create growth opportunities for feed premix market.
Global Poultry
Feed Market
2019-2023
57
4.4.2. Market size and forecast, by region
Based on premix, the global poultry feed market was valued at $2,198.2 million in 2016, and is projected to
reach $5,637.3 million by 2023, growing at a CAGR of 8.9% from 2019 to 2023. Asia-Pacific was the highest
contributor to this market, with $420.6 million in 2016, and is anticipated to reach $1,408.3 million by 2023,
registering a CAGR of 13.3%. Middle East is anticipated to reach $433.5 million by 2023 at a CAGR of 10.7%.
TABLE 05. PREMIX POULTRY FEED MARKET, BY REGION, 2016 2023 ($MILLION)
CAGR%
REGION 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
North America 327.1 340.4 366.1 385.9 414.8 446.1 480.6 518.7 7.7%
Europe 337.0 414.5 498.7 551.5 633.6 726.3 831.1 949.8 14.6%
Asia-Pacific 420.6 575.3 753.1 853.9 968.6 1,097.8 1,243.5 1,408.3 13.3%
Middle East 138.9 192.7 264.1 288.2 318.7 353.4 392.1 433.5 10.7%
Africa 325.4 495.7 665.0 702.8 752.9 810.3 875.9 944.9 7.7%
South America 649.3 936.2 1,218.8 1,232.4 1,258.2 1,293.7 1,337.7 1,382.1 2.9%
Total 2,198.2 2,955.0 3,765.8 4,014.8 4,346.8 4,727.6 5,161.0 5,637.3 8.9%
2019-2023
58
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF PREMIX IN POULTRY FEED MARKET, BY REGION, 2016 & 2023 (%)
0.35 2016 2023
29.5%
0.30
25.0% 24.5%
0.25
0.20 19.1%
16.8% 16.8%
14.9% 15.3% 14.8%
0.15
9.2%
0.10 7.7%
6.3%
0.05
0.00
Premix North America Europe Asia-Pacific Middle East Africa
Global Poultry
Feed Market
2019-2023
59
CHAPTER 5: POULTRY FEED MARKET, BY REGION
FIGURE 14. POULTRY FEED MARKET, BY REGION, 2018 (%)
18.7% 14.0% 30.8% 5.4% 8.2% 22.9%

North America Europe ASIA-PACIFIC Middle East Africa South America
5.1. Overview
Region wise, the poultry feed market is studied across North America, Europe, Asia-Pacific, Middle East, Africa,
and South America. The Asia-Pacific market has a higher demand for poultry feed, owing to surge in population
Global Poultry
and rise in consumption of poultry products. The consumption of poultry feed in South America and Africa
Feed Market
regions is expected to increase, due to increase in demand for poultry meat and eggs. Free trade agreements
among European Union countries and the availability of modern poultry farm equipment are some major
and Industry Forecast, factors, which are responsible for the market growth in the European region. Evolution of new techniques and
2019-2023 reduction of poultry waste are anticipated to create opportunities in the European poultry market.
60
5.1.1. Market size and forecast, by region
Based on region, the global poultry feed market was valued at $98,885.8 million in 2016, and is projected to
grow at a CAGR of 6.9% to reach $157,715.1 million by 2023. Asia-Pacific was the highest contributor with
$30,418.3 million in 2016, and is estimated to reach $54,797.7 million by 2023, growing at a CAGR of 9.3% from
2020 to 2023. Middle East is estimated to reach $10,360.2 million by 2023 with a CAGR of 6.6%.
TABLE 06. POULTRY FEED MARKET, BY REGION, 2016 2023 ($MILLION)

CAGR%
REGION 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
North America 18,478.1 18,974.2 20,191.3 21,118.9 22,587.9 24,250.7 26,151.3 28,346.7 7.6%
Europe 13,845.9 14,646.5 15,890.0 17,095.5 18,453.1 19,963.2 21,647.6 23,531.9 8.3%
ASIA-PACIFIC 30,418.3 32,348.2 35,530.0 38,423.0 41,826.3 45,646.9 49,946.3 54,797.7 9.3%
Middle East 5,300.5 6,244.4 7,623.2 8,026.7 8,502.7 9,059.1 9,693.7 10,360.2 6.6%
Africa 8,156.4 9,822.7 11,102.0 11,469.9 11,951.8 12,522.7 13,190.2 13,877.6 4.9%
South America 22,686.5 23,873.9 24,660.7 24,702.7 25,009.1 25,502.7 26,153.7 26,800.9 2.1%
Total 98,885.8 105,909.9 114,997.2 120,836.7 128,330.9 136,945.4 146,782.9 157,715.1 6.9%
2019-2023
61
5.2. North America
The North America poultry feed market is studied across the U.S., Canada, and Mexico. The U.S. is one of the
largest producers and consumers of poultry products, owing to the fact that chicken is the most commonly
consumed meat in the U.S. Growth in consumption of poultry products in Canada and Mexico is creating
increased potential for the poultry feed market. Thus, the U.S. leads the North America market, followed by
Canada and Mexico.

Poultry meat witnesses increased adoption among consumers in North America, as it is competitively priced.
Moreover, people in this region have shifted their preference toward white meat, as it is considered healthier
than red meat. Furthermore, owing to busy lifestyle in the developed countries such as the U.S. and Canada,
consumers opt for poultry meat and eggs, as they require reduced cooking and preparation time. In addition,
prohibition on consumption of pork and beef by certain religious groups in the region has escalated the demand
for poultry meat, thereby propelling the market growth.
5.2.2. Market size and forecast, by feed type

Global Poultry Based on feed type, the North America poultry feed market was valued at $18,478.1million in 2016, and is
Feed Market projected to grow at a CAGR of 7.6% to reach $28,346.7 million by 2023. Complete feed was the highest
contributor with $16,879.8million in 2016, and is estimated to reach $25,497.9 million by 2023, growing at a
CAGR of 7.4% from 2019 to 2023. The premix segment is estimated to reach $518.7 million by 2023 with a CAGR
and Industry Forecast, of 7.7%.
2019-2023
62
TABLE 07. NORTH AMERICA POULTRY FEED, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 16,879.8 17,294.7 18,363.6 19,164.8 20,452.7 21,910.0 23,575.1 25,497.9 7.4%
Concentrates 1,271.3 1,339.0 1,461.6 1,568.1 1,720.4 1,894.6 2,095.7 2,330.1 10.4%
Premix 327.1 340.4 366.1 385.9 414.8 446.1 480.6 518.7 7.7%
Total 18,478.1 18,974.2 20,191.3 21,118.9 22,587.9 24,250.7 26,151.3 28,346.7 7.6%

TABLE 08. NORTH AMERICA POULTRY FEED, BY FEED TYPE, 2016 2023 (KILOTON)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 50,397.9 51,769.7 55,140.2 58,152.4 62,712.0 67,883.7 73,805.1 80,655.8 8.5%
Concentrates 3,681.3 4,175.6 4,910.9 5,339.2 5,935.7 6,623.7 7,423.9 8,363.6 11.9%
Premix 1,030.6 1,246.0 1,489.3 1,652.4 1,865.7 2,105.3 2,376.7 2,687.0 12.9%
Total 55,109.8 57,191.2 61,540.4 65,143.9 70,513.4 76,612.7 83,605.7 91,706.4 8.9%
Global Poultry Source: Primary & Secondary Research and AMR Analysis
2019-2023
63
5.2.3. Market size and forecast, by country
Based on country, the North America poultry feed market was valued at $18,478.1 million in 2016, and is
projected to grow at a CAGR of 7.6% to reach $28,346.7 million by 2023. U.S. was the highest contributor with
2019 to 2023. Mexico is estimated to reach $3,855.2 million by 2023 with a CAGR of 8.6%.
TABLE 09. NORTH AMERICA POULTRY FEED, BY COUNTRY, 2016 2023 ($MILLION)
CAGR%
COUNTRY 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
U.S. 14,463.4 14,827.9 15,753.8 16,451.1 17,567.3 18,830.3 20,273.6 21,940.4 7.5%
Canada 1,663.0 1,707.7 1,817.2 1,900.7 2,032.9 2,182.6 2,353.6 2,551.2 7.6%
Mexico 2,351.7 2,438.6 2,620.3 2,767.1 2,987.7 3,237.9 3,524.1 3,855.2 8.6%
Total 18,478.1 18,974.2 20,191.3 21,118.9 22,587.9 24,250.7 26,151.3 28,346.7 7.6%

Global Poultry
Feed Market
2019-2023
64
5.2.4. U.S.
FIGURE 15. U.S. POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 7.5%
20,273.6 21,940.4
17,567.3 18,830.3
14,827.9 15,753.8 16,451.1
14,463.4
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
65
5.2.4.1. Market size and forecast, by feed type
Based on feed type the U.S. poultry feed market was valued at $14,463.4 million in 2016, and is projected to
grow at a CAGR of 7.5% to reach $21,940.4 million by 2023. Complete feed was the highest contributor with
2019 to 2023. The premix segment is estimated to reach $401.5 million by 2023 with a CAGR of 7.5%.
TABLE 10. U.S. POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 13,212.3 13,515.4 14,327.7 14,928.9 15,906.7 17,012.8 18,276.4 19,735.4 7.2%
Concentrates 995.1 1,046.4 1,140.4 1,221.5 1,338.0 1,471.1 1,624.7 1,803.5 10.2%
Premix 256.0 266.0 285.7 300.6 322.6 346.4 372.6 401.5 7.5%
Total 14,463.4 14,827.9 15,753.8 16,451.1 17,567.3 18,830.3 20,273.6 21,940.4 7.5%

Global Poultry
Feed Market
2019-2023
66
5.2.5. Canada
FIGURE 16. CANADA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 7.6%
2,551.2
2,182.6 2,353.6
1,900.7 2,032.9
1,663.0 1,707.7 1,817.2
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
67
Based on feed type, the Canada poultry feed market was valued at $1,663.0 million in 2016, and is projected to
grow at a CAGR of 7.6% to reach $2,551.2 million by 2023. Complete feed was the highest contributor to the
Canada poultry feed market with $1,519.2 million in 2016, and is estimated to reach $2,294.8 million by 2023,
growing at a CAGR of 7.4% from 2019 to 2023. The premix segment is estimated to reach $46.7 million by 2023
with a CAGR of 7.7%.
TABLE 11. CANADA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 1,519.2 1,556.5 1,652.7 1,724.8 1,840.7 1,971.9 2,121.8 2,294.8 7.4%
Concentrates 114.4 120.5 131.5 141.1 154.8 170.5 188.6 209.7 10.4%
Premix 29.4 30.6 33.0 34.7 37.3 40.2 43.3 46.7 7.7%
Total 1,663.0 1,707.7 1,817.2 1,900.7 2,032.9 2,182.6 2,353.6 2,551.2 7.6%

Global Poultry
Feed Market
2019-2023
68
5.2.6. Mexico
FIGURE 17. MEXICO POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 8.6%
3,855.2
3,524.1
2,987.7 3,237.9
2,620.3 2,767.1
2,351.7 2,438.6
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
69
Based on feed type, the Mexico poultry feed market was valued at $2,351.7 million in 2016, and is projected to
Canada poultry feed market with $2,148.3 million in 2016, and is estimated to reach $3,467.7 million by 2023,
TABLE 12. MEXICO POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 2,148.3 2,222.8 2,383.1 2,511.0 2,705.3 2,925.3 3,177.0 3,467.7 8.4%
Concentrates 161.8 172.1 189.7 205.5 227.6 253.0 282.4 316.9 11.4%
Premix 41.6 43.8 47.5 50.6 54.9 59.6 64.8 70.5 8.7%
Total 2,351.7 2,438.6 2,620.3 2,767.1 2,987.7 3,237.9 3,524.1 3,855.2 8.6%

Global Poultry
Feed Market
2019-2023
70
5.3. Europe
The Europe poultry feed market is studied across the UK, France, the Netherlands, Germany, Turkey, and rest of
Europe. Significant importance is given to a nutritious and healthy diet in the European region. Germany, the
UK, Italy, and France are anticipated to witness a significant year-on-year growth during the period, owing to
increase in population and rise in per capita disposable income. Technological advancements in poultry industry
in the European country coupled with supportive government policies to promote poultry farming are expected
to drive the attention of major players

Free trade agreements among European Union countries and availability of improved poultry infrastructure are
some major factors which are responsible for the market growth in this region. In addition, evolution of new
techniques, such as advanced feeding system, and reduction of poultry waste are anticipated to provide
lucrative opportunities for the European poultry market. Moreover, rise in awareness about protein intake in
daily diet serves as a crucial factor for increase in per capita meat consumption in the region.

Global Poultry Based on feed type, the Europe poultry feed market was valued at $13,845.9 million in 2016, and is projected
Feed Market to grow at a CAGR of 8.3% to reach $23,531.9 million by 2023. Complete feed was the highest contributor with
2019-2023
71
TABLE 13. EUROPE POULTRY FEED, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 12,462.1 13,023.9 13,961.3 14,999.5 16,095.1 17,307.4 18,652.7 20,149.9 7.7%
Concentrates 1,046.8 1,208.0 1,429.9 1,544.5 1,724.5 1,929.5 2,163.8 2,432.2 12.0%
Premix 337.0 414.5 498.7 551.5 633.6 726.3 831.1 949.8 14.6%
Total 13,845.9 14,646.5 15,890.0 17,095.5 18,453.1 19,963.2 21,647.6 23,531.9 8.3%

TABLE 14. EUROPE POULTRY FEED, BY FEED TYPE, 2016 2023 (KILOTON)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 34,616.8 36,631.8 39,777.6 42,735.5 46,892.6 51,563.8 56,827.1 62,775.2 10.1%
Concentrates 2,528.6 2,954.6 3,542.7 3,923.7 4,438.4 5,031.3 5,716.1 6,509.5 13.5%
Premix 707.9 881.6 1,074.3 1,214.3 1,395.1 1,599.2 1,830.0 2,091.3 14.6%
Total 37,853.3 40,468.0 44,394.6 47,873.5 52,726.1 58,194.2 64,373.2 71,376.0 10.5%
2019-2023
72
Based on country, the Europe poultry feed market was valued at $13,845.9 million in 2016, and is projected to
grow at a CAGR of 8.3% to reach $23,531.9 million by 2023. France was the highest contributor to the Europe
poultry feed market with $1,794.8 million in 2016, and is estimated to reach $3,071.1 million by 2023, growing
at a CAGR of 8.4% from 2019 to 2023. Italy is estimated to reach $1,760.4 million by 2023 with a CAGR of 8.5%.
TABLE 15. EUROPE POULTRY FEED, BY COUNTRY, 2016 2023 ($MILLION)

CAGR%
COUNTRY 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
UK 1,748.4 1,851.3 2,010.5 2,165.2 2,339.4 2,533.4 2,749.9 2,992.2 8.3%
France 1,794.8 1,900.4 2,063.8 2,222.5 2,401.3 2,600.4 2,822.5 3,071.1 8.4%
The Netherlands 871.8 924.0 1,004.5 1,082.8 1,171.2 1,269.5 1,379.4 1,502.4 8.5%
Germany 1,333.0 1,411.9 1,533.8 1,652.3 1,785.8 1,934.5 2,100.4 2,286.2 8.6%
Italy 1,023.6 1,084.6 1,178.7 1,270.3 1,373.5 1,488.4 1,616.7 1,760.4 8.5%
Rest of Europe 7,074.4 7,474.2 8,098.7 8,702.4 9,381.9 10,137.1 10,978.7 11,919.5 8.2%
Total 13,845.9 14,646.5 15,890.0 17,095.5 18,453.1 19,963.2 21,647.6 23,531.9 8.3%
2019-2023
73
5.3.4. UK
FIGURE 18. UK POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 8.3%
2,749.9 2,992.2
2,339.4 2,533.4
2,010.5 2,165.2
1,748.4 1,851.3
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
74
Based on feed type, the UK poultry feed market was valued at $1,748.4 million in 2016, and is projected to grow
at a CAGR of 8.3% to reach $2,992.2 million by 2023. Complete feed was the highest contributor to the UK
poultry feed market with $1,598.9 million in 2016, and is estimated to reach $2,661.6 million by 2023, growing
at a CAGR of 8.0% from 2019 to 2023. The premix segment is estimated to reach $75.7 million by 2023 with a
CAGR of 12.1%.
TABLE 16. UK POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 1,598.9 1,686.3 1,824.1 1,956.7 2,105.8 2,271.4 2,455.7 2,661.6 8.0%
Concentrates 116.8 128.0 144.0 160.5 179.6 201.4 226.3 254.9 12.3%
Premix 32.7 36.9 42.4 48.0 54.1 60.7 67.9 75.7 12.1%
Total 1,748.4 1,851.3 2,010.5 2,165.2 2,339.4 2,533.4 2,749.9 2,992.2 8.3%

Global Poultry
Feed Market
2019-2023
75
5.3.5. France
FIGURE 19. FRANCE POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 8.4%
3,071.1
2,600.4 2,822.5
2,222.5 2,401.3
1,900.4 2,063.8
1,794.8
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
76
Based on feed type, the France poultry feed market was valued at $1,794.8 million in 2016, and is projected to
France poultry feed market with $1,641.4 million in 2016, and is estimated to reach $2,722.6 million by 2023,
TABLE 17. FRANCE POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 1,641.4 1,731.1 1,872.4 2,008.5 2,161.5 2,331.4 2,520.6 2,722.6 7.9%
Concentrates 119.9 131.4 147.8 164.8 184.3 206.7 232.3 264.7 12.6%
Premix 33.6 37.9 43.6 49.2 55.5 62.3 69.7 83.8 14.2%
Total 1,794.8 1,900.4 2,063.8 2,222.5 2,401.3 2,600.4 2,822.5 3,071.1 8.4%

Global Poultry
Feed Market
2019-2023
77
5.3.6. The Netherlands
FIGURE 20. THE NETHERLANDS POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 8.5%
1,502.4
1,379.4
1,269.5
1,082.8 1,171.2
924.0 1,004.5
871.8
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
78
Based on feed type, the Netherlands poultry feed market was valued at $871.8 million in 2016, and is projected
to grow at a CAGR of 8.5% to reach $1,502.4 million by 2023. Complete feed was the highest contributor to The
Netherlands poultry feed market with $797.2 million in 2016, and is estimated to reach $1,336.4 million by 2023,
TABLE 18. THE NETHERLANDS ECONOMY POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 797.2 841.7 911.4 978.6 1,054.2 1,138.2 1,231.8 1,336.4 8.1%
Concentrates 58.2 63.9 71.9 80.3 89.9 100.9 113.5 128.0 12.4%
Premix 16.3 18.4 21.2 24.0 27.1 30.4 34.0 38.0 12.2%
Total 871.8 924.0 1,004.5 1,082.8 1,171.2 1,269.5 1,379.4 1,502.4 8.5%

Global Poultry
Feed Market
2019-2023
79
5.3.7. Germany
FIGURE 21. GERMANY POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 8.5%
2,286.2
1,934.5 2,100.4
1,652.3 1,785.8
1,411.9 1,533.8
1,333.0
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
80
Based on feed type, the Germany poultry feed market was valued at $1,333.0 million in 2016, and is projected
to grow at a CAGR of 8.5% to reach $2,286.2 million by 2023. Complete feed was the highest contributor to the
Germany poultry feed market with $1,219.0 million in 2016, and is estimated to reach $2,017.6 million by 2023,
TABLE 19. GERMANY POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 1,219.0 1,286.1 1,391.6 1,493.2 1,607.5 1,734.4 1,875.8 2,017.6 7.8%
Concentrates 89.0 97.7 109.8 122.5 137.1 153.8 172.8 203.9 13.6%
Premix 24.9 28.2 32.4 36.6 41.3 46.3 51.8 64.7 15.3%
Total 1,333.0 1,411.9 1,533.8 1,652.3 1,785.8 1,934.5 2,100.4 2,286.2 8.5%

Global Poultry
Feed Market
2019-2023
81
5.3.8. Italy
FIGURE 22. ITALY POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 8.5%
1,760.4
1,616.7
1,488.4
1,270.3 1,373.5
1,084.6 1,178.7
1,023.6
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
82
Based on feed type, the Italy poultry feed market was valued at $1,023.6 million in 2016, and is projected to
Italy poultry feed market with $936.1 million in 2016, and is estimated to reach $1,554.3 million by 2023, growing
CAGR of 9.0%.
TABLE 20. ITALY POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 936.1 981.8 1,056.1 1,134.0 1,221.5 1,318.8 1,427.2 1,554.3 8.2%
Concentrates 68.4 79.2 94.1 104.1 115.6 128.7 143.6 160.5 11.4%
Premix 19.1 23.6 28.5 32.2 36.3 40.9 46.0 45.5 9.0%
Total 1,023.6 1,084.6 1,178.7 1,270.3 1,373.5 1,488.4 1,616.7 1,760.4 8.5%

Global Poultry
Feed Market
2019-2023
83
5.3.9. Rest of Europe
FIGURE 23. REST OF EUROPE POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 8.2%
11,919.5
10,978.7
9,381.9 10,137.1
8,098.7 8,702.4
7,074.4 7,474.2
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
84
Based on feed type, the rest of Europe poultry feed market was valued at $7,074.4 million in 2016, and is
projected to grow at a CAGR of 8.2% to reach $11,919.5 million by 2023. Complete feed was the highest
contributor to the rest of Europe poultry feed market with $6,269.5 million in 2016, and is estimated to reach
$9,857.5 million by 2023, growing at a CAGR of 7.3% from 2019 to 2023. The premix segment is estimated to
reach $642.1million by 2023 with a CAGR of 15.4%.
TABLE 21. REST OF EUROPE POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 6,269.5 6,496.9 6,905.8 7,428.7 7,944.5 8,513.2 9,141.7 9,857.5 7.3%
Concentrates 594.5 707.8 862.4 912.3 1,017.9 1,138.2 1,275.3 1,420.0 11.7%
Premix 210.4 269.5 330.6 361.5 419.4 485.7 561.8 642.1 15.4%
Total 7,074.4 7,474.2 8,098.7 8,702.4 9,381.9 10,137.1 10,978.7 11,919.5 8.2%

Global Poultry
Feed Market
2019-2023
85
5.4. Asia-Pacific
The Asia-Pacific poultry feed market is studied across the China, Japan, India, South Korea, Australia, and rest
of Asia-Pacific. China leads the Asia-Pacific market, owing to rise in consumption of poultry products and
presence of huge increased base in the country. Furthermore, rise in per capita disposable incomes, increase in
inclination of poultry giants toward low labor costs, and supportive governmental initiatives such as subsidies
offered to poultry farmers are expected to drive the market growth. .

Population growth and social factors such as traditional poultry consumption patterns are driving the market
growth in the Asia-Pacific region. Furthermore, strong economic growth in Asia-Pacific countries has boosted
the meat production and consumption, which is considerably driving the poultry feed industry growth.

Based on feed type the Asia-Pacific poultry feed market was valued at $4,314 million in 2016, and is projected
to grow at a CAGR of 4.60% to reach $5,908 million by 2023. Complete feed was the highest contributor with
$2,261 million in 2016, and is estimated to reach $3,159 million by 2023, growing at a CAGR of 4.89% from 2019
Global Poultry to 2023. The premix segment is estimated to reach $680 million by 2023 with a CAGR of 2.80%.
Feed Market
2019-2023
86
TABLE 22. ASIA-PACIFIC POULTRY FEED, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 27,773.6 29,238.1 31,793.1 34,266.1 37,205.6 40,500.5 44,202.8 48,374.3 9.0%
Concentrates 2,224.1 2,534.7 2,983.8 3,302.9 3,652.1 4,048.7 4,500.0 5,015.2 11.0%
Premix 420.6 575.3 753.1 853.9 968.6 1,097.8 1,243.5 1,408.3 13.3%
Total 30,418.3 32,348.2 35,530.0 38,423.0 41,826.3 45,646.9 49,946.3 54,797.7 9.3%

TABLE 23. ASIA-PACIFIC POULTRY FEED, BY FEED TYPE, 2016 2023 (KILOTON)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 79,357.0 84,545.4 93,068.4 100,380.4 110,645.3 122,271.7 135,474.4 150,509.0 10.7%
Concentrates 5,525.9 6,372.7 7,593.7 8,380.0 9,451.0 10,686.0 12,114.2 13,770.4 13.2%
Premix 908.7 1,258.0 1,667.1 1,878.3 2,154.6 2,469.5 2,828.9 3,239.8 14.6%
Total 85,791.7 92,176.1 102,329.2 110,638.7 122,250.9 135,427.2 150,417.4 167,519.2 10.9%
2019-2023
87
Based on country, the Asia-Pacific poultry feed market was valued at $7,213.2 million in 2016, and is projected
to grow at a CAGR of 6.2% to reach $10,728.7 million by 2023. China was the highest contributor to the Asia-
Pacific poultry feed market with $12,924.4 million in 2016, and is estimated to reach $23,747.7 million by 2023,
growing at a CAGR of 9.6% from 2019 to 2023. Australia is estimated to reach $108.4 million by 2023 with a
CAGR of 4.32%. India is expected to grow at a lucrative rate of 10.4% during the forecast period.
TABLE 24. ASIA-PACIFIC POULTRY FEED, BY COUNTRY, 2016 2023 ($MILLION)

CAGR%
COUNTRY 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
China 12,924.4 13,777.7 15,170.2 16,454.8 17,966.2 19,665.7 21,581.7 23,747.7 9.6%
Japan 1,948.7 2,075.3 2,282.8 2,473.7 2,698.3 2,950.6 3,235.0 3,556.2 9.5%
India 6,557.3 7,042.5 7,811.4 8,534.5 9,385.3 10,346.0 11,433.4 12,667.8 10.4%
Australia 1,675.8 1,854.1 2,115.4 2,374.3 2,678.9 3,026.5 3,424.2 3,880.3 13.1%
Uzbekistan 49.9 61.7 76.5 81.2 86.8 93.1 100.2 108.4 7.5%
Nepal 49.0 60.3 74.7 79.4 85.0 91.7 99.5 108.5 8.1%
Global Poultry Rest of Asia-Pacific 7,114.4 7,354.5 7,847.9 8,264.4 8,754.2 9,288.5 9,872.7 10,511.8 6.2%
Feed Market Total 30,319 32,226 35,379 38,262 41,655 45,462 49,747 54,581 9.3%

Opportunity Analysis Note: Total number may differ due to rounding off the decimal places.
2019-2023
88
5.4.4. China
FIGURE 24. CHINA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 9.6%
23,747.7
21,581.7
19,665.7
16,454.8 17,966.2
13,777.7 15,170.2
12,924.4
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
89
Based on feed type, the China poultry feed market was valued at $12,924.4 million in 2016, and is projected to
China poultry feed market with $11,819.3 million in 2016, and is estimated to reach $21,111.7 million by 2023,
growing at a CAGR of 9.2% from 2019 to 2023. The premix segment is estimated to reach $280.2 million by
2023 with a CAGR of 19.6%.
TABLE 25. CHINA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 11,819.3 12,549.6 13,762.6 14,868.1 16,168.3 17,626.1 19,264.8 21,111.7 9.2%
Concentrates 1,031.4 1,137.6 1,294.7 1,449.9 1,632.9 1,841.8 2,081.1 2,355.8 12.9%
Premix 73.7 90.5 112.9 136.8 165.0 197.8 235.9 280.2 19.6%
Total 12,924.4 13,777.7 15,170.2 16,454.8 17,966.2 19,665.7 21,581.7 23,747.7 9.6%

Global Poultry
Feed Market
2019-2023
90
5.4.5. Japan
FIGURE 25. JAPAN POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 9.5%
3,556.2
3,235.0
2,698.3 2,950.6
2,282.8 2,473.7
1,948.7 2,075.3
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
91
Based on feed type, the Japan poultry feed market was valued at $1,948.7 million in 2016, and is projected to
Japan poultry feed market with $1,780.2 million in 2016, and is estimated to reach $3,198.8 million by 2023,
TABLE 26. JAPAN ECONOMY POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 1,780.2 1,891.6 2,076.2 2,244.8 2,443.2 2,665.8 2,916.3 3,198.8 9.3%
Concentrates 130.2 142.6 161.2 179.7 201.5 226.6 255.5 288.8 12.6%
Premix 38.4 41.1 45.4 49.2 53.5 58.2 63.2 68.6 8.7%
Total 1,948.7 2,075.3 2,282.8 2,473.7 2,698.3 2,950.6 3,235.0 3,556.2 9.5%

Global Poultry
Feed Market
2019-2023
92
5.4.6. India
FIGURE 26. INDIA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 10.4%
12,667.8
11,433.4
9,385.3 10,346.0
7,811.4 8,534.5
6,557.3 7,042.5
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
93
Based on feed type, the India poultry feed market was valued at $6,158.6 million in 2016, and is projected to
grow at a CAGR of 10.4% to reach $11,752.1million by 2023. Complete feed was the highest contributor to the
India poultry feed market with $5,990.1 million in 2016, and is estimated to reach $11,394.7 million by 2023,
TABLE 27. INDIA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 5,990.1 6,419.1 7,104.3 7,744.9 8,498.2 9,347.3 10,307.1 11,394.7 10.1%
Concentrates 130.2 142.6 161.2 179.7 201.5 226.6 255.5 288.8 12.6%
Premix 38.4 41.1 45.4 49.2 53.5 58.2 63.2 68.6 8.7%
Total 6,158.6 6,602.8 7,310.9 7,973.7 8,753.2 9,632.1 10,625.8 11,752.1 10.4%

Global Poultry
Feed Market
2019-2023
94
5.4.7. Australia
FIGURE 27. AUSTRALIA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 13.1%
3,880.3
3,424.2
3,026.5
2,678.9
2,115.4 2,374.3
1,675.8 1,854.1
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
95
Based on feed type the Uzbekistan poultry feed market was valued at $1,675.8 million in 2016, and is projected
to grow at a CAGR of 13.1% to reach $3,880.3 million by 2023. Complete feed was the highest contributor to
the Australia poultry feed market with $1,530.9 million in 2016, and is estimated to reach $3,490.3 million by
2023, growing at a CAGR of 12.8% from 2019 to 2023. The premix segment is estimated to reach $71.0 million
by 2023 with a CAGR of 13.1%.
TABLE 28. AUSTRALIA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 1,530.9 1,690.0 1,923.9 2,154.6 2,425.7 2,734.4 3,086.9 3,490.3 12.8%
Concentrates 115.3 130.8 153.1 176.3 204.0 236.4 274.4 319.0 16.0%
Premix 29.7 33.3 38.4 43.4 49.2 55.7 62.9 71.0 13.1%
Total 1,675.8 1,854.1 2,115.4 2,374.3 2,678.9 3,026.5 3,424.2 3,880.3 13.1%

Global Poultry
Feed Market
2019-2023
96
5.4.8. Uzbekistan
FIGURE 28. UZBEKISTAN POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 7.5%
108.4
93.1 100.2
81.2 86.8
76.5
61.7
49.9
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
97
Based on feed type, the Uzbekistan poultry feed market was valued at $49.9 million in 2016, and is projected to
grow at a CAGR of 7.5% to reach $108.4 million by 2023. Complete feed was the highest contributor to the
Uzbekistan poultry feed market with $45.5 million in 2016, and is estimated to reach $96.0 million by 2023,
TABLE 29. UZBEKISTAN ECONOMY POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 45.5 55.6 68.2 72.4 77.2 82.7 88.9 96.0 7.3%
Concentrates 4.0 5.3 7.1 7.6 8.3 9.0 9.8 10.7 8.8%
Premix 0.4 0.7 1.1 1.2 1.3 1.4 1.6 1.7 9.2%
Total 49.9 61.7 76.5 81.2 86.8 93.1 100.2 108.4 7.5%

Global Poultry
Feed Market
2019-2023
98
5.4.9. Nepal
FIGURE 29. NEPAL POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 8.1%
108.5
91.7 99.5
79.4 85.0
74.7
60.3
49.0
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
99
Based on feed type, the Nepal poultry feed market was valued at $49.0 million in 2016, and is projected to grow
at a CAGR of 8.1% to reach $108.5 million by 2023. Complete feed was the highest contributor to the Nepal
poultry feed market with $44.7 million in 2016, and is estimated to reach $95.2 million by 2023, growing at a
of 12.0%.
TABLE 30. NEPAL ECONOMY POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 44.7 54.4 66.6 70.5 75.3 80.9 87.5 95.2 7.8%
Concentrates 3.6 4.8 6.5 7.0 7.7 8.5 9.4 10.5 10.5%
Premix 0.7 1.1 1.6 1.8 2.0 2.3 2.6 2.9 12.0%
Total 49.0 60.3 74.7 79.4 85.0 91.7 99.5 108.5 8.1%

Global Poultry
Feed Market
2019-2023
100
5.4.10. Rest of Asia-Pacific
FIGURE 30. REST OF ASIA-PACIFIC POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 6.2%
9,872.7 10,511.8
8,754.2 9,288.5
7,847.9 8,264.4
7,114.4 7,354.5
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
101
Based on feed type, the rest of Asia-Pacific poultry feed market was valued at $7,213.2 million in 2016, and is
contributor to the rest of Asia-Pacific poultry feed market with $6,563.0 million in 2016, and is estimated to
reach $8,987.5 million by 2023, growing at a CAGR of 6.0% from 2019 to 2023. The premix segment is estimated
to reach $739.3 million by 2023 with a CAGR of 13.1%.
TABLE 31. REST OF ASIA-PACIFIC POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 6,563.0 6,577.8 6,791.3 7,110.8 7,517.8 7,963.2 8,451.4 8,987.5 6.0%
Concentrates 501.6 629.8 809.4 862.5 896.9 931.8 967.0 1,001.9 3.8%
Premix 148.6 269.0 398.3 451.7 511.3 578.3 653.9 739.3 13.1%
Total 7,213.2 7,476.5 7,999.0 8,425.0 8,925.9 9,473.3 10,072.3 10,728.7 6.2%

Global Poultry
Feed Market
2019-2023
102
5.5. Middle East
The Middle East poultry feed market is studied across Yemen, Iraq, Lebanon, Iran, Turkey, and rest of LAMEA.
Iran is a leading country in the Middle East region, owing to large production and consumption of poultry
products. Iran is followed by Yemen and Turkey, as consumption in these countries is driven by a growth in
middle-class population and increase in disposable income. Furthermore, increase in popularity of QSRs majorly
boosts the growth of the poultry feed market. In developed economies, QSRs are often associated with fast
service, convenience, and inexpensive meals; thus, this attract consumers to avail services from QSRs, which
eventually augments the market growth.
5.5.1.1. Key market trends, growth factors, and opportunities

The demand for poultry products in Africa is being driven by rapid urbanization, surge in middle-class
population, and increase in disposable income. This increase in the demand for poultry products has in turn
given rise to commercial poultry production and the need for a dual-purpose chicken breed such as Kuroiler.
Moreover, shift from backyard production to more commercial production is expected to increase the poultry
feed consumption in the region. Rise in food security issues is anticipated to enforce government to take
preventive measures such as increase in poultry production by providing subsidy to poultry farmers, which
Global Poultry contributes toward the growth of the poultry market.
Feed Market
2019-2023
103
Based on feed type, the Middle East poultry feed market was valued at $5,300.5 million in 2016, and is projected
to grow at a CAGR of 6.6% to reach $10,360.2 million by 2023. Complete feed was the highest contributor with
2019 to 2023. The premix segment is estimated to reach $433.5million by 2023 with a CAGR of 10.7%.
TABLE 32. MIDDLE EAST POULTRY FEED, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 4,734.3 5,503.6 6,632.3 6,955.2 7,331.4 7,772.4 8,275.3 8,799.0 6.1%
Concentrates 427.3 548.0 726.8 783.3 852.5 933.3 1,026.3 1,127.7 9.5%
Premix 138.9 192.7 264.1 288.2 318.7 353.4 392.1 433.5 10.7%
Total 5,300.5 6,244.4 7,623.2 8,026.7 8,502.7 9,059.1 9,693.7 10,360.2 6.6%

TABLE 33. MIDDLE EAST POULTRY FEED, BY FEED TYPE, 2016 2023 (KILOTON)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Global Poultry Complete feed 13,460.5 14,778.7 16,421.4 17,040.5 17,785.8 18,669.4 19,679.9 20,712.1 5.0%
Feed Market Concentrates 1,035.8 1,245.9 1,515.4 1,618.8 1,739.2 1,879.3 2,039.4 2,210.2 8.1%
Premix 292.8 377.5 469.8 511.4 557.4 608.7 665.2 723.5 9.1%
Opportunity Analysis Total 14,789.1 16,402.1 18,406.7 19,170.7 20,082.4 21,157.5 22,384.5 23,645.8 5.4%
and Industry Forecast, Source: Primary & Secondary Research and AMR Analysis
2019-2023 Note: Total number may differ due to rounding off the decimal places.
104
Based on country, the Middle East poultry feed market was valued at $5,300.5 million in 2016, and is projected
to grow at a CAGR of 6.6% to reach $10,360.2 million by 2023. Iran was the highest contributor with $816.5
million in 2016, and is estimated to reach $2,086.6 million by 2023, growing at a CAGR of 6.7% from 2019 to
2023. Lebanon is estimated to reach $231.3 million by 2023 with a CAGR of 6.9%. Yemen and Iraq are expected
to witness considerably higher growth rates during the forecast period. Yemen is expected to grow at a lucrative
rate of 5.3% during the forecast period.
TABLE 34. MIDDLE EAST POULTRY FEED, BY COUNTRY, 2016 2023 ($MILLION)
CAGR%
COUNTRY 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Yemen 337.1 405.2 489.7 507.3 528.3 554.2 584.9 622.6 5.3%
Iraq 129.2 183.6 236.1 251.1 268.4 289.0 312.1 339.2 7.8%
Lebanon 110.1 135.2 167.2 177.1 188.0 200.6 214.8 231.3 6.9%
Iran 816.5 1,091.8 1,543.9 1,609.3 1,702.0 1,814.4 1,940.7 2,086.6 6.7%
Turkey 188.6 209.8 242.2 253.6 266.6 281.6 298.9 315.7 5.6%
Global Poultry Rest of Middle East 3,718.9 4,218.9 4,944.1 5,228.2 5,549.3 5,919.2 6,342.3 6,764.9 6.7%
Feed Market Total 5,300.5 6,244.4 7,623.2 8,026.7 8,502.7 9,059.1 9,693.7 10,360.2 6.6%

2019-2023
105
5.5.4. Yemen
FIGURE 31. YEMEN POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 5.3%
584.9 622.6
528.3 554.2
489.7 507.3
405.2
337.1
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
106
Based on feed type, the Yemen poultry feed market was valued at $337.1 million in 2016, and is projected to
Yemen poultry feed market with $280.0 million in 2016, and is estimated to reach $489.7 million by 2023,
TABLE 35. YEMEN POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR %
FEED TYPE 2018 2019 2020 2021 2022 2023 2024 2025
(2019–2026)
Complete feed 280.0 330.7 392.7 405.3 420.4 439.3 461.9 489.7 4.8%
Concentrates 43.3 53.5 66.5 69.6 73.3 77.7 82.9 89.2 6.4%
Premix 13.9 21.0 30.5 32.5 34.6 37.2 40.2 43.7 7.7%
Total 337.1 405.2 489.7 507.3 528.3 554.2 584.9 622.6 5.3%

Global Poultry
Feed Market
2019-2023
107
5.5.5. Iraq
FIGURE 32. IRAQ POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 7.8%
339.2
289.0 312.1
251.1 268.4
236.1
183.6
129.2
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
108
Based on feed type, the Iraq poultry feed market was valued at $129.2 million in 2016, and is projected to grow
at a CAGR of 7.8% to reach $339.2 million by 2023. Complete feed was the highest contributor to the Iraq
poultry feed market with $109.2million in 2016, and is estimated to reach $272.6million by 2023, growing at a
CAGR of 7.3% from 2019 to 2023. The premix segment is estimated to reach $19.0million by 2023 with a CAGR
of 10.5%.
TABLE 36. IRAQ POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 109.2 153.1 194.5 205.8 219.0 234.6 252.1 272.6 7.3%
Concentrates 14.6 22.0 30.0 32.5 35.5 39.0 43.0 47.7 10.0%
Premix 5.5 8.5 11.6 12.7 14.0 15.4 17.1 19.0 10.5%
Total 129.2 183.6 236.1 251.1 268.4 289.0 312.1 339.2 7.8%

Global Poultry
Feed Market
2019-2023
109
5.5.6. Lebanon
FIGURE 33. LEBANON POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 6.9%
214.8 231.3
188.0 200.6
167.2 177.1
135.2
110.1
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
110
Based on feed type, the Lebanon poultry feed market was valued at $110.1 million in 2016, and is projected to
Lebanon poultry feed market with $93.2 million in 2016, and is estimated to reach $186.9 million by 2023,
TABLE 37. LEBANON POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 93.2 113.0 138.1 145.6 153.9 163.6 174.4 186.9 6.4%
Concentrates 12.2 15.8 20.5 22.0 23.7 25.7 27.9 30.5 8.5%
Premix 4.6 6.3 8.7 9.5 10.4 11.4 12.6 13.9 10.0%
Total 110.1 135.2 167.2 177.1 188.0 200.6 214.8 231.3 6.9%

Global Poultry
Feed Market
2019-2023
111
5.5.7. Iran
FIGURE 34. IRAN POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 6.7%
1,940.7 2,086.6
1,702.0 1,814.4
1,543.9 1,609.3
1,091.8
816.5
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
112
Based on feed type, the, Iran poultry feed market was valued at $816.5 million in 2016, and is projected to grow
at a CAGR of 6.7% to reach $2,086.6 million by 2023. Complete feed was the highest contributor to the Iran
poultry feed market with $734.9 million in 2016, and is estimated to reach $1,774.8 million by 2023, growing at
a CAGR of 6.1% from 2019 to 2023. The premix segment is estimated to reach $84.2 million by 2023 with a
CAGR of 11.1%.
TABLE 38. IRAN POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 734.9 968.7 1,350.3 1,399.8 1,472.3 1,560.8 1,660.1 1,774.8 6.1%
Concentrates 61.7 91.5 143.2 154.2 168.4 185.5 204.9 227.5 10.2%
Premix 19.9 31.6 50.5 55.4 61.3 68.2 75.7 84.2 11.1%
Total 816.5 1,091.8 1,543.9 1,609.3 1,702.0 1,814.4 1,940.7 2,086.6 6.7%

Global Poultry
Feed Market
2019-2023
113
5.5.8. Turkey
FIGURE 35. TURKEY POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 5.6%
298.9 315.7
266.6 281.6
242.2 253.6
209.8
188.6
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
114
Based on feed type, the Turkey poultry feed market was valued at $188.6 million in 2016, and is projected to
Turkey poultry feed market with $172.5 million in 2016, and is estimated to reach $277.7 million by 2023,
TABLE 39. TURKEY POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 172.5 189.9 217.0 226.4 237.1 249.6 263.8 277.7 5.2%
Concentrates 12.6 15.3 19.3 20.8 22.4 24.3 26.5 28.8 8.5%
Premix 3.5 4.6 5.9 6.4 7.1 7.7 8.5 9.3 9.5%
Total 188.6 209.8 242.2 253.6 266.6 281.6 298.9 315.7 5.6%

Global Poultry
Feed Market
2019-2023
115
5.5.9. Rest of Middle East
FIGURE 36. REST OF MIDDLE EAST POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 6.7%
6,342.3 6,764.9
5,549.3 5,919.2
4,944.1 5,228.2
4,218.9
3,718.9
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
116
Based on feed type, the rest of Middle East poultry feed market was valued at $3,718.9 million in 2016, and is
contributor to the rest of Middle East poultry feed market with $3,344.5 million in 2016, and is estimated to
reach $704.0 million by 2023, growing at a CAGR of 6.1% from 2019 to 2023. The premix segment is estimated
to reach $263.5 million by 2023 with a CAGR of 6.1%.
TABLE 40. REST OF MIDDLE EAST POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 3,344.5 3,748.2 4,339.8 4,572.3 4,828.7 5,124.7 5,463.1 5,797.4 6.1%
Concentrates 282.8 350.0 447.4 484.2 529.2 581.2 641.1 704.0 9.8%
Premix 91.6 120.8 156.9 171.7 191.4 213.4 238.1 263.5 11.3%
Total 3,718.9 4,218.9 4,944.1 5,228.2 5,549.3 5,919.2 6,342.3 6,764.9 6.7%

Global Poultry
Feed Market
2019-2023
117
5.6. Africa
The Africa poultry feed market is studied across Tunisia, Uganda, Nigeria, Sudan, Angola, Cameroon, Libya, Mali,
South Africa, and rest of Africa. Nigeria is a leading country in the African region, owing to higher consumption
of poultry products and rise in disposable income. In addition, the growth of the poultry market in the region
is driven by implementation of government policies to reduce poultry imports and increase regional production
of poultry birds. In Africa, out of the total broiler production, around 60-80% of broilers are produced by
contract buyers themselves.

Increase in investment in the African countries such as South Africa and Nigeria has led to development of
poultry industry infrastructure, and is expected to drive the market during the forecast period. . Furthermore,
rise in disposable income in Africa is expected to contribute toward the growth of the poultry feed market in
this region.

Based on feed type, the, Africa poultry feed market was valued at $8,156.4 million in 2016, and is projected to
Global Poultry grow at a CAGR of 4.9% to reach $13,877.6 million by 2023. Complete feed was the highest contributor with
Feed Market $6,804.0 million in 2016, and is estimated to reach $11,024.1 million by 2023, growing at a CAGR of 4.5% from
2019-2023
118
TABLE 41. AFRICA POULTRY FEED, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 6,804.0 8,052.3 8,975.3 9,242.6 9,596.7 10,019.2 10,515.5 11,024.1 4.5%
Concentrates 1,027.0 1,274.6 1,461.7 1,524.6 1,602.2 1,693.2 1,798.8 1,908.7 5.8%
Premix 325.4 495.7 665.0 702.8 752.9 810.3 875.9 944.9 7.7%
Total 8,156.4 9,822.7 11,102.0 11,469.9 11,951.8 12,522.7 13,190.2 13,877.6 4.9%

TABLE 42. AFRICA POULTRY FEED, BY FEED TYPE, 2016 2023 (KILOTON)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 18,557.5 19,096.7 20,316.7 20,895.6 21,576.9 22,403.3 23,383.8 24,380.3 3.9%
Concentrates 2,429.2 2,577.0 2,825.1 2,942.6 3,077.4 3,236.0 3,420.8 3,611.8 5.3%
Premix 662.9 858.5 1,102.1 1,163.1 1,231.1 1,309.0 1,398.1 1,490.1 6.4%
Total 21,649.6 22,532.2 24,243.9 25,001.3 25,885.4 26,948.3 28,202.8 29,482.2 4.2%
Feed Market Note: Total number may differ due to rounding off the decimal places
2019-2023
119
Based on country, the Africa poultry feed market was valued at $8,156.4 million in 2016, and is projected to
grow at a CAGR of 4.9% to reach $13,877.6 million by 2023. South Africa was the highest contributor with $351.7
million in 2016, and is estimated to reach $569.8 million by 2023, growing at a CAGR of 3.8% from 2019 to 2023.
Nigeria is estimated to reach $461.6 million by 2023 with a CAGR of 7.3%.
TABLE 43. AFRICA POULTRY FEED, BY COUNTRY, 2016 2023 ($MILLION)

CAGR%
COUNTRY 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Tunisia 19.4 23.3 28.3 29.5 30.8 32.3 34.1 36.1 5.2%
Uganda 47.9 56.7 67.6 70.4 73.6 77.2 81.4 86.2 5.2%
Nigeria 220.9 268.9 329.2 348.9 371.7 398.2 427.5 461.6 7.3%
Sudan 92.2 110.5 133.9 138.8 144.4 151.2 159.2 168.4 5.0%
Angola 9.0 10.9 13.2 13.7 14.3 15.0 15.7 16.6 5.0%
Cameroon 91.7 115.5 147.1 155.8 165.5 177.0 190.0 204.8 7.1%
Libya 8.8 10.3 12.2 12.6 13.1 13.6 14.3 15.0 4.4%
Global Poultry Mali 66.8 63.2 81.9 85.8 90.4 96.2 103.0 111.1 6.7%
Feed Market South Africa 351.7 434.0 480.5 491.1 506.5 525.1 547.5 569.8 3.8%
Rest of Africa 7,248.1 8,729.3 9,808.2 10,123.4 10,541.6 11,036.8 11,617.6 12,207.9 4.8%
Total 8,156.4 9,822.7 11,102.0 11,469.9 11,951.8 12,522.7 13,190.2 13,877.6 4.9%
2019-2023 Source: Primary & Secondary Research and AMR Analysis
120
5.6.4. Tunisia
FIGURE 37. TUNISIA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 5.2%
34.1 36.1
30.8 32.3
28.3 29.5
23.3
19.4
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
121
Based on feed type, the Tunisia poultry feed market was valued at $19.4 million in 2016, and is projected to
Tunisia poultry feed market with $15.9 million in 2016, and is estimated to reach $28.5 million by 2023, growing
CAGR of 9.3%.
TABLE 44. TUNISIA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR %
FEED TYPE 2018 2019 2020 2021 2022 2023 2024 2025
(2019–2026)
Complete feed 15.9 19.0 22.8 23.7 24.6 25.7 27.0 28.5 4.7%
Concentrates 2.7 3.3 4.1 4.4 4.6 4.9 5.3 5.7 6.6%
Premix 0.8 1.0 1.3 1.4 1.5 1.6 1.8 2.0 9.3%
Total 19.4 23.3 28.3 29.5 30.8 32.3 34.1 36.1 5.2%

Global Poultry
Feed Market
2019-2023
122
5.6.5. Uganda
FIGURE 38. UGANDA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 5.2%
81.4 86.2
73.6 77.2
67.6 70.4
56.7
47.9
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
123
Based on feed type, the Uganda poultry feed market was valued at $47.9 million in 2016, and is projected to
Uganda poultry feed market with $41.6 million in 2016, and is estimated to reach $70.1 million by 2023, growing
CAGR of 10.0%.
TABLE 45. UGANDA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 41.6 48.4 56.7 58.7 60.9 63.6 66.6 70.1 4.5%
Concentrates 5.1 6.5 8.3 8.9 9.5 10.2 11.0 11.9 7.8%
Premix 1.2 1.8 2.6 2.9 3.1 3.4 3.8 4.2 10.0%
Total 47.9 56.7 67.6 70.4 73.6 77.2 81.4 86.2 5.2%

Global Poultry
Feed Market
2019-2023
124
5.6.6. Nigeria
FIGURE 39. NIGERIA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 7.3%
461.6
427.5
371.7 398.2
329.2 348.9
268.9
220.9
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
125
Based on feed type, the Nigeria poultry feed market was valued at $220.9 million in 2016, and is projected to
Nigeria poultry feed market with $191.4 million in 2016, and is estimated to reach $376.0 million by 2023,
TABLE 46. NIGERIA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 191.4 228.6 274.5 289.6 307.1 327.4 349.8 376.0 6.7%
Concentrates 23.2 29.6 37.8 40.8 44.2 48.1 52.6 57.8 9.1%
Premix 6.3 10.8 16.8 18.5 20.4 22.6 25.0 27.9 10.8%
Total 220.9 268.9 329.2 348.9 371.7 398.2 427.5 461.6 7.3%

Global Poultry
Feed Market
2019-2023
126
5.6.7. Sudan
FIGURE 40. SUDAN POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 5.0%
159.2 168.4
144.4 151.2
133.9 138.8
110.5
92.2
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
127
Based on feed type, the, Sudan poultry feed market was valued at $92.2 million in 2016, and is projected to
Sudan poultry feed market with $84.1 million in 2016, and is estimated to reach $147.3 million by 2023, growing
CAGR of 8.0%.
TABLE 47. SUDAN POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 84.1 99.6 119.4 123.3 127.8 133.3 139.8 147.3 4.6%
Concentrates 6.5 8.3 10.8 11.5 12.3 13.2 14.3 15.6 7.9%
Premix 1.6 2.5 3.8 4.1 4.4 4.7 5.1 5.5 8.0%
Total 92.2 110.5 133.9 138.8 144.4 151.2 159.2 168.4 5.0%

Global Poultry
Feed Market
2019-2023
128
5.6.8. Angola
FIGURE 41. ANGOLA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 5.0%
15.7 16.6
14.3 15.0
13.2 13.7
10.9
9.0
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
129
Based on feed type, the Angola poultry feed market was valued at $9.0 million in 2016, and is projected to grow
at a CAGR of 5.0% to reach $16.6 million by 2023. Complete feed was the highest contributor to the Angola
of 9.4%.
TABLE 48. ANGOLA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 8.4 10.1 12.1 12.5 12.9 13.5 14.1 14.9 4.6%
Concentrates 0.4 0.5 0.7 0.8 0.8 0.9 1.0 1.1 9.0%
Premix 0.2 0.3 0.4 0.5 0.5 0.5 0.6 0.7 9.4%
Total 9.0 10.9 13.2 13.7 14.3 15.0 15.7 16.6 5.0%

Global Poultry
Feed Market
2019-2023
130
5.6.9. Cameroon
FIGURE 42. CAMEROON POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 7.1%
190.0 204.8
165.5 177.0
147.1 155.8
115.5
91.7
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
131
Based on feed type, the Cameroon poultry feed market was valued at $91.7 million in 2016, and is projected to
Cameroon poultry feed market with $83.6 million in 2016, and is estimated to reach $176.5 million by 2023,
TABLE 49. CAMEROON POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 83.6 103.6 129.5 136.6 144.5 153.9 164.4 176.5 6.6%
Concentrates 6.5 9.0 12.0 13.0 14.2 15.6 17.2 19.0 9.9%
Premix 1.6 2.9 5.6 6.2 6.8 7.5 8.3 9.2 10.6%
Total 91.7 115.5 147.1 155.8 165.5 177.0 190.0 204.8 7.1%

Global Poultry
Feed Market
2019-2023
132
5.6.10. Libya
FIGURE 43. LIBYA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 4.4%
14.3 15.0
12.6 13.1 13.6
12.2
10.3
8.8
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
133
Based on feed type, the Libya poultry feed market was valued at $8.8 million in 2016, and is projected to grow
at a CAGR of 4.4% to reach $15.0 million by 2023. Complete feed was the highest contributor to the Libya
of 8.3%.
TABLE 50. LIBYA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 7.9 9.2 10.7 11.0 11.4 11.8 12.3 12.9 4.1%
Concentrates 0.7 0.8 1.0 1.1 1.2 1.2 1.3 1.4 6.0%
Premix 0.2 0.3 0.5 0.5 0.5 0.6 0.6 0.7 8.3%
Total 8.8 10.3 12.2 12.6 13.1 13.6 14.3 15.0 4.4%

Global Poultry
Feed Market
2019-2023
134
5.6.11. Mali
FIGURE 44. MALI POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 6.7%
111.1
96.2 103.0
85.8 90.4
81.9
66.8 63.2
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
135
Based on feed type, the, Sudan poultry feed market was valued at $66.8 million in 2016, and is projected to
Sudan poultry feed market with $60.2 million in 2016, and is estimated to reach $96.6 million by 2023, growing
CAGR of 9.7%.
TABLE 51. MALI POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 60.2 56.3 72.1 75.3 79.2 84.0 89.8 96.6 6.4%
Concentrates 5.7 5.9 8.2 8.7 9.4 10.1 11.0 12.1 8.5%
Premix 0.8 1.0 1.6 1.7 1.9 2.0 2.2 2.5 9.7%
Total 66.8 63.2 81.9 85.8 90.4 96.2 103.0 111.1 6.7%

Global Poultry
Feed Market
2019-2023
136
5.6.12. South Africa
FIGURE 45. SOUTH AFRICA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 3.8%
547.5 569.8
491.1 506.5 525.1
480.5
434.0
351.7
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
137
Based on feed type, the South Africa poultry feed market was valued at $351.7 million in 2016, and is projected
to grow at a CAGR of 3.52% to reach $569.8 million by 2023. Complete feed was the highest contributor to the
South Africa poultry feed market with $321.6 million in 2016, and is estimated to reach $501.1 million by 2023,
TABLE 52. SOUTH AFRICA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 321.6 392.9 430.5 438.4 450.4 465.3 483.3 501.1 3.4%
Concentrates 23.5 31.7 38.3 40.3 42.6 45.4 48.6 52.0 6.6%
Premix 6.6 9.5 11.6 12.5 13.4 14.4 15.6 16.7 7.6%
Total 351.7 434.0 480.5 491.1 506.5 525.1 547.5 569.8 3.8%

Global Poultry
Feed Market
2019-2023
138
5.6.13. Rest of Africa
FIGURE 46. REST OF AFRICA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 4.8%
11,617.6 12,207.9
10,541.6 11,036.8
9,808.2 10,123.4
8,729.3
7,248.1
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
139
Based on feed type, the rest of Africa poultry feed market was valued at $7,248.1million in 2016, and is projected
to grow at a CAGR of 4.8% to reach $12,207.9 million by 2023. Complete feed was the highest contributor to
the rest of Africa poultry feed market with $5,989.3 million in 2016, and is estimated to reach $9,600.2 million
by 2023, growing at a CAGR of 4.4% from 2019 to 2023. The premix segment is estimated to reach $875.6
million by 2023 with a CAGR of 7.5%.
TABLE 53. REST OF AFRICA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 5,989.3 7,084.8 7,847.0 8,073.6 8,377.8 8,740.6 9,168.3 9,600.2 4.4%
Concentrates 952.7 1,179.0 1,340.4 1,395.2 1,463.4 1,543.4 1,636.5 1,732.1 5.6%
Premix 306.1 465.6 620.8 654.7 700.4 752.7 812.8 875.6 7.5%
Total 7,248.1 8,729.3 9,808.2 10,123.4 10,541.6 11,036.8 11,617.6 12,207.9 4.8%

Global Poultry
Feed Market
2019-2023
140
5.7. South America
The South America poultry feed market is studied across Brazil, Argentina, Peru, Suriname, and rest of South
America. Brazil is a leading country with a share of 49.1% in the South American market, owing to the abundant
availability of raw materials, such as maize and barely, and low production costs.

The growth of poultry industry in the South American has been driven by the easing of custom regulations in
regard to poultry exports, which has stimulated the competition in the industry. In addition, surge in demand
for poultry meat products boosts the growth of the market.

Based on feed type, the Middle East poultry feed market was valued at $3,118 million in 2016, and is projected
to grow at a CAGR of 3.27% to reach $3,906 million by 2023. Complete feed was the highest contributor with
$1,832 million in 2016, and is estimated to reach $2,324 million by 2023, growing at a CAGR of 3.46% from 2019
to 2023. The premix segment is estimated to reach $360 million by 2023 with a CAGR of 2.26%.
Complete feed and concentrates accounted for about 90.1% in 2019, with the former constituting around 58.7%.
Global Poultry
The complete feed segment is expected to grow at a lucrative rate of 3.46% during the forecast period.
Feed Market
2019-2023
141
TABLE 54. SOUTH AMERICA POULTRY FEED, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 19,651.2 20,350.1 20,687.2 20,695.0 20,926.4 21,313.6 21,831.1 22,344.0 1.9%
Concentrates 2,386.1 2,587.6 2,754.7 2,775.3 2,824.5 2,895.4 2,984.9 3,074.8 2.6%
Premix 649.3 936.2 1,218.8 1,232.4 1,258.2 1,293.7 1,337.7 1,382.1 2.9%
Total 22,686.5 23,873.9 24,660.7 24,702.7 25,009.1 25,502.7 26,153.7 26,800.9 2.1%

TABLE 55. SOUTH AMERICA POULTRY FEED, BY FEED TYPE, 2016 2023 (KILOTON)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 54,587.8 57,236.8 58,936.5 60,687.0 62,794.2 65,445.0 68,594.4 71,840.1 4.3%
Concentrates 5,763.6 6,328.7 6,824.5 7,050.1 7,318.6 7,652.4 8,046.8 8,455.1 4.6%
Premix 1,363.7 1,991.1 2,625.6 2,713.5 2,817.8 2,947.3 3,100.0 3,258.1 4.7%
Total 61,715.1 65,556.6 68,386.6 70,450.5 72,930.7 76,044.7 79,741.3 83,553.3 4.4%
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142
Based on country, the South America poultry feed market was valued at $22,686.5 million in 2016, and is
projected to grow at a CAGR of 2.1% to reach $26,800.9 million by 2023. Brazil was the highest contributor with
2019 to 2023. Argentina is estimated to reach $3,572.5 million by 2023 with a CAGR of 3.0%.
TABLE 56. SOUTH AMERICA POULTRY FEED, BY COUNTRY, 2016 2023 ($MILLION)
CAGR%
COUNTRY 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Brazil 11,029.3 11,636.3 12,050.3 12,101.8 12,283.2 12,557.6 12,910.9 13,264.0 2.3%
Argentina 2,824.4 3,002.3 3,132.1 3,168.5 3,239.3 3,335.3 3,453.3 3,572.5 3.0%
Peru 1,044.5 1,129.2 1,197.5 1,230.6 1,277.4 1,334.7 1,401.7 1,470.1 4.5%
Suriname 5.2 6.2 7.5 7.9 8.3 8.8 9.4 10.1 6.3%
Rest of South America 7,777.9 8,093.8 8,265.8 8,186.1 8,192.6 8,257.5 8,369.0 8,474.3 0.9%
Total 22,681 23,868 24,653 24,695 25,001 25,494 26,144 26,791 2.1%

Global Poultry Note: Total number may differ due to rounding off the decimal places.
Feed Market
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5.7.5. Brazil
FIGURE 47. BRAZIL POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 2.3%
12,283.2 12,557.6 12,910.9 13,264.0

11,636.3 12,050.3 12,101.8
11,029.3
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
144
Based on feed type, the Brazil poultry feed market was valued at $11,029.3 million in 2016, and is projected to
Brazil poultry feed market with $9,645.1 million in 2016, and is estimated to reach $11,377.8 million by 2023,
TABLE 57. BRAZIL POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR %
FEED TYPE 2018 2019 2020 2021 2022 2023 2024 2025
(2019–2026)
Complete feed 9,645.1 10,148.0 10,480.1 10,495.9 10,624.0 10,831.4 11,105.5 11,377.8 2.0%
Concentrates 1,096.3 1,162.9 1,210.7 1,222.4 1,247.4 1,282.1 1,325.3 1,368.8 2.9%
Premix 287.9 325.5 359.5 383.5 411.8 444.1 480.1 517.3 7.8%
Total 11,029.3 11,636.3 12,050.3 12,101.8 12,283.2 12,557.6 12,910.9 13,264.0 2.3%

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Feed Market
2019-2023
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5.7.6. Argentina
FIGURE 48. ARGENTINA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 3.0%
3,335.3 3,453.3 3,572.5

3,002.3 3,132.1 3,168.5 3,239.3
2,824.4
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
146
Based on feed type, the Argentina poultry feed market was valued at $2,824.4 million in 2016, and is projected
to grow at a CAGR of 3.0% to reach $3,572.5 million by 2023. Complete feed was the highest contributor to the
Argentina poultry feed market with $2,580.1 million in 2016, and is estimated to reach $3,213.5 million by 2023,
TABLE 58. ARGENTINA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 2,580.1 2,736.5 2,848.6 2,875.4 2,933.1 3,013.4 3,113.1 3,213.5 2.8%
Concentrates 188.7 206.2 221.2 230.1 241.9 256.1 272.7 290.1 6.0%
Premix 55.6 59.5 62.3 63.0 64.3 65.8 67.5 68.9 2.3%
Total 2,824.4 3,002.3 3,132.1 3,168.5 3,239.3 3,335.3 3,453.3 3,572.5 3.0%

Global Poultry
Feed Market
2019-2023
147
5.7.7. Peru
FIGURE 49. PERU POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 4.5%
1,401.7 1,470.1
1,277.4 1,334.7
1,197.5 1,230.6
1,044.5 1,129.2
2016 2017 2018 2019 2020 2021 2022 2023

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Feed Market
2019-2023
148
Based on feed type, the Peru poultry feed market was valued at $1,044.5 million in 2016, and is projected to
Peru poultry feed market with $954.2 million in 2016, and is estimated to reach $1,322.3 million by 2023, growing
CAGR of 3.8%.
TABLE 59. PERU POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 954.2 1,029.3 1,089.1 1,116.7 1,156.6 1,205.8 1,263.6 1,322.3 4.3%
Concentrates 69.8 77.6 84.6 89.4 95.4 102.5 110.7 119.4 7.5%
Premix 20.6 22.4 23.8 24.5 25.3 26.3 27.4 28.4 3.8%
Total 1,044.5 1,129.2 1,197.5 1,230.6 1,277.4 1,334.7 1,401.7 1,470.1 4.5%

Global Poultry
Feed Market
2019-2023
149
5.7.8. Suriname
FIGURE 50. SURINAME POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 6.3%
10.1
8.8 9.4
7.9 8.3
7.5
6.2
5.2
2016 2017 2018 2019 2020 2021 2022 2023
Global Poultry
Feed Market
2019-2023
150
Based on feed type, the, Suriname poultry feed market was valued at $5.2 million in 2016, and is projected to
Suriname poultry feed market with $4.8 million in 2016, and is estimated to reach $8.9 million by 2023, growing
CAGR of 11.8%.
TABLE 60. SURINAME POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 4.8 5.6 6.7 7.1 7.4 7.9 8.4 8.9 6.0%
Concentrates 0.3 0.4 0.6 0.6 0.7 0.8 0.8 0.9 8.8%
Premix 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 11.8%
Total 5.2 6.2 7.5 7.9 8.3 8.8 9.4 10.1 6.3%

Global Poultry
Feed Market
2019-2023
151
5.7.9. Rest of South America
FIGURE 51. REST OF SOUTH AMERICA POULTRY FEED MARKET, 2016 2023 ($MILLION)
CAGR 0.9%
8,474.3
8,369.0
8,265.8 8,192.6 8,257.5
8,186.1
8,093.8
7,777.9
2016 2017 2018 2019 2020 2021 2022 2023

Global Poultry
Feed Market
2019-2023
152
Based on feed type, the rest of South America poultry feed market was valued at $7,783.0 million in 2016, and
is projected to grow at a CAGR of 0.9% to reach $8,484.3 million by 2023. Complete feed was the highest
contributor to the rest of South America poultry feed market with $6,466.9 million in 2016, and is estimated to
reach $6,421.4 million by 2023, growing at a CAGR of 0.9% from 2019 to 2023. The premix segment is estimated
to reach $767.2million by 2023 with a CAGR of 0.2%.
TABLE 61. REST OF SOUTH AMERICA POULTRY FEED MARKET, BY FEED TYPE, 2016 2023 ($MILLION)
CAGR%
FEED TYPE 2016 2017 2018 2019 2020 2021 2022 2023
(2019-2023)
Complete feed 6462.14 6425.02 6255.94 6192.83 6197.88 6247.25 6332.13 6412.53 0.9%
Concentrates 1030.68 1140.10 1237.00 1232.08 1238.39 1253.13 1274.59 1294.72 1.2%
Premix 285.04 528.64 772.90 761.15 756.36 757.11 762.27 767.00 0.2%
Total 7,777.9 8,093.8 8,265.8 8,186.1 8,192.6 8,257.5 8,369.0 8,474.3 0.9%

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CHAPTER 6: COMPETITIVE LANDSCAPE
6.1. Top winning strategies
Top winning strategies are analyzed by performing a thorough study of the leading players in the poultry feed
market. A comprehensive analysis of the recent developments and growth curves of various companies help
understand the growth strategies adopted by them and their potential effect on the market. The companies
were evaluated based on annual reports, SEC filings, and press releases. The key strategies traced from the
analysis of recent developments of the key players are as follows:
 Acquisition: This strategy is adopted by companies to take ownership stakes of other companies and
control them. In addition, it aids to expand the geographical presence of the company.
 Agreement: This is a form of strategic alliance which mutually benefits the parties involved in the
contract. This contract has a set time period to it. This strategy can be used to enhance product
portfolio and increase geographical reach.
 Expansion: This strategy is adopted to enhance product portfolios, expand geographical reach, and
increase customer base.
 Partnership: This strategy is adopted when two or more companies agree to cooperate with each other
Global Poultry to advance their mutual interests.
Feed Market  Collaboration: With the help of this strategy, two or more companies agree to cooperate with each
other for a specific purpose or to achieve a common goal.
Opportunity Analysis  Product launch: This strategy is adopted to introduce new and unique products in the market.
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FIGURE 52. TOP WINNING STRATEGIES, BY YEAR, 2016 2019*
9
8
8
7
No. of Developments
6
5 5 5
5
4
3
2
1
0
2016 2017 2018 2019
Year
Source: Company Website, Annual Report, Secondary Research, and AMR Analysis
*Note: The developments are considered till July 2019.
Global Poultry
Feed Market
2019-2023
155
FIGURE 53. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016 2019* (%)
4.3% Acquisition
4.3%
4.3%
Agreement
39.1%
Business Expansion
Collaboration
43.5% Partnership
4.3%
Product Launch
Global Poultry
Feed Market
2019-2023
156
FIGURE 54. TOP WINNING STRATEGIES, BY COMPANY, 2016 2019*
No. of Developments
5 4
3
4
1
3
1
2 2
3 3 1
1
1 1 1 1 1
0
Archer-Daniels-Midland Cargill Inc. Charoen Pokphand De Heus Kent Nutrition Nutreco Royal Agrifirm
Company (ADM) Foods Plc (CPF) Group NV Group
Acquisition Agreement Business Expansion Collaboration Partnership Product Launch
Global Poultry
Feed Market
2019-2023
157
6.2. Key developments
Top winning strategies are analyzed by performing a thorough study of the leading players in the poultry feed
market. A comprehensive analysis of the recent developments and growth curves of various companies help
understand the growth strategies adopted by them and their potential effect on the market.
6.2.1. Acquisition
Year Company Name Development
Archer Daniels Midland Company (ADM) completed its $1.8 billion acquisition of Neovia. This
Archer-Daniels-Midland
February 2019 acquisition helped to increase both the production of value-added products and solutions; and
Company (ADM)
companion animals.
Cargill signed an agreement to acquire Konspol. This acquisition helped expand its business in
September 2018 Cargill Inc.
Poland.
Cargill acquired the animal feed business of Southern States Cooperative, Inc. This acquisition
September 2017 Cargill Inc. helped strengthen its distribution and go-to-market capabilities in the Southeast, Mid-Atlantic
and Northeast regions of the U.S.
Cargill Inc. acquired a feed mill in Prachinburi province in Thailand. This acquisition helped
September 2017 Cargill Inc.
expand its capabilities in Thailand.
Charoen Pokphand Foods Plc (CPF) acquired a 70% stake in a Chinese poultry firm and invested
Charoen Pokphand
October 2016 in three new companies in Taiwan, China, and Thailand, with a combined investment of $76.5
Foods PCL. (CPF)
million. This acquisition helped expand its business in Asia.
Global Poultry
Royal De Heus signed an agreement to acquire a majority stake in D-Mix in Ukraine. This
Feed Market March 2019 De Heus
acquisition helped strengthen its animal feed business in the Ukrainian market.
Royal De Heus Group signed a purchase agreement to acquire 100% shares of Universal Agri
October 2018 De Heus Bisnisindo (“Universal”), a private Indonesian animal feed company. This acquisition helped
Opportunity Analysis strengthen its position in the animal feed in Asia.
Royal De Heus signed an agreement for the acquisition of the Serbian compound feed plant
2019-2023 July 2018 De Heus
Komponenta. This acquisition helped strengthen its market position in Serbia.
158
Nutreco completed the acquisition of Hi-Pro Feeds. This acquisition helped strengthen its
June 2017 Nutreco N.V.
businesses in North America.
Source: Corporate Publications and AMR Analysis
6.2.2. Agreement
Aqua-feed supplier Nutreco NV has signed an agreement to buy the animal feed assets of South
May 2019 Nutreco N.V. Korea’s CJ CheilJedang Corp. for $1.7 billion. This agreement was signed to improve its product
portfolio.
6.2.3. Business Expansion

Archer-Daniels-Midland Archer Daniels Midland (ADM) has started new feed production plant in Illinois. This expansion
April 2019
Company (ADM) helped expand its animal nutrition division.
Global Poultry Archer-Daniels-Midland ADM opens new feed mill to meet demand for livestock feed in Glencoe. This expansion helped
July 2016
Feed Market Company (ADM) expand its presence in UK.
Cargill has opened a new $28 million feed mill which was its 12th animal nutrition facility, in
October 2018 Cargill Inc. Binh Duong province in South Vietnam. This expansion helped strengthen its presence in
Vietnam.
and Industry Forecast, Cargill has opened its first animal nutrition premix plant in the Philippines for US$12million.
2019-2023 December 2017 Cargill Inc. This expansion was done due to increasing demand from medium and large livestock farms
and feed millers in the Philippines and Southeast Asian countries.
159
Cargill has inaugurated a US$8.5 million animal nutrition plant in Nam Cam Industrial Zone,
May 2016 Cargill Inc. Dong Nam Economic Zone, Nghi Loc district, Nghe, Vietnam. This expansion helped strengthen
its presence in Vietnam.
De Heus has started new feed production plant in Toledo, Brazil. This expansion helped
August 2017 De Heus
strengthen its presence in Brazil.
De Heus has started feed production plant in India. This expansion helped strengthen its
February 2017 De Heus
presence in Indian market.
De Heus has opened its first feed factory in Myanmar. This expansion helped strengthen its
October 2016 De Heus
position in Asia.
Royal De Heus has opened its 7th factory in Vietnam. This expansion helped expand its presence
May 2016 De Heus
in Europe.
Deluxe Feeds Inc., a division of Kent Nutrition Group (KNG) in Muscatine, Iowa, U.S. has
Kent Nutrition Group
June 2017 expanded its facility in Sheldon, Iowa, location. This expansion allowed the production plant to
(Kent)
better serve customers and offer a wider variety of products and services.
6.2.4. Collaboration
Global Poultry Year Company Name Development
Feed Market June 2017

Archer-Daniels-Midland
Archer Daniels Midland Company (ADM) has entered into a strategic collaboration with Austria-
based Anco Animal Nutrition Competence GmbH. This collaboration helped provide Anco’s line
Company (ADM)
of specialty feed ingredients to ADM Animal Nutrition customers.

2019-2023
160
6.2.5. Partnership
Nutreco partnered with Bayer on animal health, nutrition research. This partnership helped
July 2019 Nutreco N.V. focus on driving novel technologies and applications for animal health and nutrition, with first
project to focus on ruminants.
6.2.6. Product Launch

Nuscience, a member of the Royal Agrifirm Group, has introduced of its elite level feed
February 2018 Royal Agrifirm Group technology suite into the Canadian market. This product was launched to improve the efficiency
of its products.
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Feed Market
2019-2023
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6.3. Competitive Dashboard
Archer Daniels
Charoen Pokphand
Midland Company Alltech, Inc. Cargill Inc. De Heus
Foods PCL. (CPF)
(ADM)
Founded year 1923 1980 1865 1978 1911
Headquarters Chicago, U.S. U.S. U.S. Thailand Netherland
Revenue (2018) $64,341.0 million -- $113,490 million $16,767.5 million --
• Acquisition
Strategies • Acquisition • Acquisition
• Business Expansion -- • Acquisition
Adopted • Business Expansion • Business Expansion
• Collaboration
• Pen Pals Starter-

Grower
• Pen Pals Broilers
• Pen Pals Poultry • SEL-PLEX
Scratch Block • Actigen
• Pen Pals Feather • Allzyme SSF
• Economical Layer • Chicken Breeder Feed
Maker • Bioplex • TopFit laying food
Product Portfolio • Pen Pals Egg Maker • Acid-Pak 4-Way 2X
• Robust Broiler Breeder • Broiler Chicken Feed
• TopFit rearing food
• Efficient Broiler • Layer Chicken Feed
Concentrate • Integral A+
• Pen Pals Egg Maker • De-Odorase
Balancer • Economase
• Pen Pals Egg Maker
Global Poultry Complete
Feed Market
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Kent Nutrition Royal Agrifirm
ForFarmers N.V. Land O'Lakes, Inc. Nutreco N.V.
Group Group
Founded year 1896 2010 1921 1994 1892
Headquarters Netherland U.S. U.S. Netherlands Netherlands
Revenue (2018) $2,839.8 million -- -- $23,699.4 million $2,464.7 million
• Acquisition
Strategies
-- • Business Expansion -- • Agreement • Product Launch
Adopted • Partnership
• VITAFOCUS
• APOLLO
• Farmgate Smallholder
Feeds
• Kent • Purina Animal • Galli
Product Portfolio • Turkey Finisher Feeds
• Blue Seal Nutrition
• Farm-O-San
• Vitanox
• Turkey Rearer Pellets
ACS
• Turkey Starter and
Grower Feeds
Global Poultry
Feed Market
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6.4. Product Mapping
Product type
Company
Complete Feed Concentrated Feed Premix
Archer-Daniels-Midland Company (ADM)
Alltech, Inc.
Cargill Inc.
Charoen Pokphand Foods PCL. (CPF)
De Heus
ForFarmers N.V.
Kent Nutrition Group
Land O'Lakes, Inc.
Nutreco N.V.
Royal Agrifirm Group
Product Portfolio Strength

High
Medium
Global Poultry Low
Feed Market
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CHAPTER 7: COMPANY PROFILES
7.1. ARCHER-DANIELS-MIDLAND COMPANY (ADM)
77 W Wacker Dr Ste 4600
Chicago
Illinois 60601
U.S.
Tel.: +1 217 424 5200
Website: www.adm.com
7.1.1. Company overview

Archer-Daniels-Midland Company (ADM) deals with oilseeds, corn, wheat, and other agricultural commodities.
It operates its business through agricultural services, corn processing; oilseeds processing, wild flavors &
specialty ingredients, others, and corporate. It manufactures protein meal, vegetable oil, corn sweeteners, flour,
biodiesel, ethanol, and other food & feed ingredients. It also has a global grain elevator and transportation
network to procure, store, clean, and transport agricultural commodities, such as oilseeds, corn, wheat, milo,
Global Poultry oats, and barley as well as processed agricultural commodities. It has a capital expenditure of $1700 million. It
is used by customers in more than 170 countries. It has 270 food and feed ingredient manufacturing facilities
Feed Market
and 44 innovation centers.
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165
TABLE 62. ADM: KEY EXECUTIVES
Designation Name
Chairman, CEO and President Juan Luciano
Executive Vice President and Chief

Ray G. Young
Financial Officer
7.1.2. Company snapshot

TABLE 63. ADM: COMPANY SNAPSHOT
Information Description
Year of Incorporation 1923
Primary Business Food Production
Geographical Presence Worldwide
Key Strategic Move Acquisition, Business Expansion, and Collaboration
2018: 64,341.0
Overall Financial Status ($Million) 2017: 60,828.0
Global Poultry 2016: 62,346.0
Workforce 31,600 (As of December 31, 2018)

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7.1.3. Operating business segments
ADM operates its business through following reportable segments
TABLE 64. ADM: OPERATING SEGMENTS
Segments Description
Agricultural Services This segment offers oilseeds, corn, wheat, milo, oats, rice and barley, and resells these commodities.
This segment engages in the food and beverage industry, including sweeteners, starch, syrup, glucose
Corn Processing
and dextrose.
This segment includes global activities related to the origination, merchandising, crushing, and further
Oilseeds Processing
processing of oilseeds.
This segment is engaged in manufacture, sales, and distribution of specialty products, including
Wild Flavors and Specialty Ingredients natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols,
hydrocolloids, natural health & nutrition products, and other specialty food and feed ingredients
This segment is the ADM Investor Services, Inc., a subsidiary of ADM, which is a registered future
Other
commission merchant and a clearing member of all principal commodities exchanges in the U.S.
Corporate This segment targets investments in food, feed ingredients, and bioproducts businesses.
Global Poultry
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7.1.4. Product portfolio
ADM offers poultry feed through the following product category
TABLE 65. ADM: PRODUCT PORTFOLIO
Product Category Brand/Product
 Pen Pals Starter-Grower

 Pen Pals Broilers
 Pen Pals Poultry Scratch Block
Poultry Feed  Pen Pals Feather Maker
 Pen Pals Egg Maker Concentrate
 Pen Pals Egg Maker Balancer
 Pen Pals Egg Maker Complete
Global Poultry
Feed Market
2019-2023
168
7.1.5. R&D Expenditure
FIGURE 55. ADM: R&D EXPENDITURE, 2016 2018 ($MILLION)
R&D Expenditure ($Million)

141.0
129.0
123.0
2016 2017 2018
Global Poultry
Feed Market
2019-2023
169
7.1.6. Business performance
ADM registered increase in net sales of 5.8% from 2017 to 2018 due to rise in sales price and sales volume in
2018.
FIGURE 56. ADM: NET SALES, 2016 2018 ($MILLION)
Net sales ($Million)
64,341.0
62,346.0
60,828.0
2016 2017 2018
Global Poultry Source: Corporate Publications and AMR Analysis
Feed Market
2019-2023
170
FIGURE 57. ADM: REVENUE SHARE BY SEGMENT, 2018 (%)
0.6%
5.9% Origination
16.0%
Oilseeds
38.9%
Carbohydrate Solutions
Nutrition
38.6%
Other
FIGURE 58. ADM: REVENUE SHARE BY REGION, 2018 (%)
U.S.
23.0%
Switzerland
44.6%
3.4% Cayman Islands
Global Poultry 8.9%
Germany
Feed Market
20.1% Other Foreign
Opportunity Analysis Source: Corporate Publications and AMR Analysis

2019-2023
171
7.1.7. Key strategic moves and developments
ADM adopted acquisition, expansion, and collaboration as its key developmental strategies to sustain the
intense competition and improve its product portfolio.
Date Strategy Description
Archer Daniels Midland (ADM) started a new feed production plant in Illinois. This expansion
April 2019 Business expansion
helped expand its animal nutrition division.
Archer Daniels Midland Company (ADM) completed its $1.8 billion acquisition of Neovia. This
February 2019 Acquisition acquisition was done for both the production of value-added products and solutions and
companion animals.
Archer Daniels Midland Company (ADM) entered into a strategic collaboration with Austria-
June 2017 Collaboration based Anco Animal Nutrition Competence GmbH. This collaboration helped provide Anco’s line
of specialty feed ingredients to ADM Animal Nutrition customers.
ADM opened a new feed mill to meet the demand for livestock feed in Glencoe. This expansion
July 2016 Business expansion
helped expand its presence in the UK.
Global Poultry
Feed Market
2019-2023
172
7.2. ALLTECH, INC.
3031 Catnip Hill Pike Nicholasville,
KY 40356,
U.S.
Tel.: +1-859-885-9613
Website: www.alltech.com

Alltech, Inc. deals with the manufacture of health improvement products. It operates its business through four
business units that include Alltech companies, animal nutrition, crop science, and food & beverage. It is
specialized in biotechnology, agriculture, animal health & nutrition, nutrigenomics, natural feed additives,
supplier to premix, and animal feed & farmer. It is a private firm, and therefore, its financial information is
unavailable on public domain.
TABLE 66. ALLTECH, INC.: KEY EXECUTIVES
Designation Name
Global Poultry Founder Dr. Pearse Lyons
Feed Market Co-Founder & Director Deirdre Lyons
President and Chief Executive Officer Dr. Mark Lyons
Opportunity Analysis Chief Operating Officer Alric Blake

2019-2023 Vice President and Chief Financial Officer Nathan Hohman
173
TABLE 67. ALLTECH, INC.: COMPANY SNAPSHOT
Primary Business Natural-based products and solutions
Geographical Presence Africa, the Middle East, Asia-Pacific, Europe, Latin America, and North America

Alltech, Inc. offers poultry feed through following product category
TABLE 68. ALLTECH, INC.: PRODUCT PORTFOLIO
 SEL-PLEX
 Actigen
 Allzyme SSF
Global Poultry Poultry Feed

 Bioplex
 Acid-Pak 4-Way 2X
Feed Market  Integral A+
 De-Odorase
 Economase
and Industry Forecast, Source: Corporate Publications and AMR Analysis
2019-2023
174
7.3. CARGILL INC.
P.O. Box 9300
Minneapolis, Minnesota 55440-9300
U.S.
Tel.: +(612) 742-7575
Fax: +(612) 742-7899
Website: www.cargill.com

Cargill Inc. is a manufacturer of food, agriculture, financial, and industrial products & services worldwide. It
operates mainly in four segments such as animal nutrition & protein, food ingredients & applications,
origination & processing, and industrial & financial services. It offers products & services such as animal
nutrition, food & beverage, bio industrial, foodservice, agriculture, risk management, meat & poultry, industrial,
beauty, pharmaceutical, and transportation. It operates its manufacturing facilities in 70 countries and offers
service to the customers in more than 125 countries worldwide.
TABLE 69. CARGILL INC.: KEY EXECUTIVES

Global Poultry
Designation Name
Feed Market
Chairman and Chief Executive Officer David MacLennan
Chief Financial Officer David Dines

and Industry Forecast, Business Operations & Supply Chain Ruth Kimmelshue
2019-2023 Source: Corporate Publications and AMR Analysis
175
TABLE 70. CARGILL INC.: COMPANY SNAPSHOT
Primary Business Food and agriculture
Geographical Presence North America, Asia-Pacific, Europe, the Middle East and Africa, Latin America
Key Strategic Move Acquisition and Business Expansion
2019: 113,490*
2018: 114,695
Overall Financial Status ($Million)
2017: 109,699
2016: 107,164
Workforce 155,000 (As of May 31, 2018)

*Note: The company has not published Annual Report 2019 but declared its revenue for 2019.
Global Poultry
Feed Market
2019-2023
176
Cargill Inc. operates its business through the following reportable segments
TABLE 71. CARGILL INC.: OPERATING SEGMENTS
This segment includes customized animal nutrition products and services to commercial producers in
Animal Nutrition & Protein
aqua, beef, dairy, pork, poultry, and pet food
This segment includes food and beverage ingredients, specialty ingredients, and food applications,
Food Ingredients & Applications
and services
This segment includes grain, oilseeds and other agricultural commodities through origination,
Origination & Processing
processing, marketing, risk management, and distribution capabilities, and services
This segment includes risk management in energy, metals, ocean freight and commodities, financial
Industrial & Financial Services
solutions

Cargill Inc. offers poultry feed through the following product category
TABLE 72. CARGILL INC.: PRODUCT PORTFOLIO

Global Poultry
Feed Market Economical Layer
Poultry Feed Robust Broiler Breeder
Opportunity Analysis Efficient Broiler

2019-2023
177
Cargill Inc. registered an increase in net sales of 4.6% from 2017 to 2018 due to sales growth in all its segments
in 2018.
FIGURE 59. CARGILL INC.: NET SALES, 2016 2018 ($MILLION)
114,695.0
109,699.0
107,164.0
2016 2017 2018
Feed Market
2019-2023
178
FIGURE 60. CARGILL INC.: REVENUE SHARE BY REGION, 2018 (%)
11.0% North America
35.0%
Asia Pacific
25.0%
Europe, Middle East and Africa
29.0% Latin America

Cargill Inc. adopted acquisition and expansion as its key developmental strategies to sustain the intense
competition and improve its product portfolio.
Cargill opened a new $28 million feed mill which was its 12th animal nutrition facility, in Binh
Global Poultry October 2018 Business expansion
Duong province in South Vietnam. This expansion helped strengthen its presence in Vietnam.
Feed Market September 2018 Acquisition

Cargill signed an agreement to acquire Konspol. This acquisition helped expand its business in
Poland.
Cargill opened its first animal nutrition premix plant in the Philippines for $12 million. This
Opportunity Analysis December 2017 Business expansion expansion was done due to increase in demand from medium and large livestock farms and
and Industry Forecast, feed millers in the Philippines and Southeast Asian countries.
2019-2023
179
Cargill acquired the animal feed business of Southern States Cooperative, Inc. This acquisition
September 2017 Acquisition helped strengthen its distribution and go-to-market capabilities in the Southeast, Mid-Atlantic
and Northeast regions of the U.S.
Cargill Inc. acquired a feed mill in Prachinburi province in Thailand. This acquisition helped
September 2017 Acquisition
expand its capabilities in Thailand.
Cargill inaugurated a $8.5 million animal nutrition plant in Nam Cam Industrial Zone, Dong Nam
May 2016 Business expansion Economic Zone, Nghi Loc district, Nghe, Vietnam. This expansion helped strengthen its presence
in Vietnam.
Global Poultry
Feed Market
2019-2023
180
7.4. CHAROEN POKPHAND FOODS PCL. (CPF)
313 C.P. Tower, Silom Road,
Bangrak, Bangkok 10500,
Thailand
Tel.: +66 2766 8000/+66 2800 8000
Fax: +66 2638 2139
Website: www.cpfworldwide.com

Charoen Pokphand Foods PCL. (CPF) deals with the agro-industrial and food conglomerate. It operates through
three businesses which are feed business, farm business, and food business. It operates through two reportable
segments—livestock business and aquaculture business. It has production bases in 16 countries across the
globe. It exports fresh meat and processed meat under the customers’ brands as well as ready-to-eat products
under the CP brand to more than 40 countries worldwide, spanning five continents.
TABLE 73. CPF: KEY EXECUTIVES
Designation Name
Global Poultry
Chairman Soopakij Chearavanont
Feed Market
Chief Executive Officer (Agro Industrial
Sooksunt Jiumjaiswanglerg
Business)
Opportunity Analysis Chief Executive Officer (Food Business)

Sukhawat Dansermsuk
and Industry Forecast, and Co-President
181
TABLE 74. CPF: COMPANY SNAPSHOT
Primary Business Livestock business
Geographical Presence U.S., Europe, Asia-Pacific
Key Strategic Move Acquisition
2018: 16,767.5
2016: 13,168.0

CPF operates its business through the following reportable segments
Global Poultry TABLE 75. CPF: OPERATING SEGMENTS
Feed Market Segments Description
Livestock business This segment includes feed for chicken, duck and pigs
Opportunity Analysis Aquaculture business This segment includes feed for shrimp and fish
2019-2023
182
CPF offers poultry feed through the following product category
TABLE 76. CPF: PRODUCT PORTFOLIO
Chicken Breeder Feed

Poultry Feed Broiler Chicken Feed
Layer Chicken Feed
Global Poultry
Feed Market
2019-2023
183
CPF registered an increase in net sales by 13.4% from 2017 to 2018 due to 12% increase in the sales of its
International Operations and 0.2% increase in the sales of Thailand Operations in 2018.
FIGURE 61. CPF: NET SALES, 2016 2018 ($MILLION)
16,767.5
14,787.4
13,168.0
2016 2017 2018
Feed Market
2019-2023
184
FIGURE 62. CPF: REVENUE SHARE BY SEGMENT, 2018 (%)
13.7%
Livestock business
Aquaculture business
86.3%
FIGURE 63. CPF: REVENUE SHARE BY REGION, 2018 (%)
0.2%
4.4%
Thailand
10.0%
27.5%
Asia
Europe
Global Poultry
America
Feed Market
57.8% Others

2019-2023
185
CPF adopted acquisition as its key developmental strategy to sustain the intense competition and improve its
product portfolio.
Charoen Pokphand Foods Plc. (CPF) acquired a 70% stake in a Chinese poultry firm and invested
October 2016 Acquisition in three new companies in Taiwan, China and Thailand, with a combined investment of $76.5
million. This acquisition helped to expand its business in Asia.
Global Poultry
Feed Market
2019-2023
186
7.5. DE HEUS
Rubensstraat 175, Ede,
Gelderland 6717,
Netherland
Tel.: +31 (0)318 675 500
Fax: +31 (0)318 675 439
Website: www.de-heus.nl

De Heus deals with the production, distribution as well as marketing of high-quality animal feeds. It offers cattle,
pigs, sheep, goats, and poultry feed; and poultry meat through its product portfolio. It has 60 production
locations in 15 countries and sales activities in over 75 countries. It is a private firm, and therefore, its financial
information is unavailable on public domain.
TABLE 77. DE HEUS: KEY EXECUTIVES
Designation Name
Global Poultry Chief Executive Officer Koen de Heus

Feed Market
2019-2023
187
TABLE 78. DE HEUS: COMPANY SNAPSHOT
Primary Business Animal Feed
Key Strategic Move Acquisition and Business Expansion
Workforce 6000 (As company website)

De Heus offers poultry feed through the following product category
TABLE 79. DE HEUS: PRODUCT PORTFOLIO
TopFit laying food

Global Poultry Poultry Feed
TopFit rearing food
Feed Market Source: Corporate Publications and AMR Analysis
2019-2023
188
De Heus adopted acquisition and expansion as its key developmental strategies to sustain the intense
Royal De Heus signed an agreement to acquire a majority stake in D-Mix in Ukraine. This
March 2019 Acquisition
acquisition helped strengthen its animal feed business in the Ukrainian market.
Royal De Heus Group signed a purchase agreement to acquire 100% shares of Universal Agri
October 2018 Acquisition Bisnisindo (“Universal”), a private Indonesian animal feed company. This acquisition helped
strengthen its position in the animal feed in Asia.
Royal De Heus signed an agreement for the acquisition of the Serbian compound feed plant
July 2018 Acquisition
Komponenta. This acquisition helped strengthen its market position in Serbia.
De Heus started a new feed production plant in Toledo, Brazil. This expansion helped strengthen
August 2017 Business expansion
its presence in Brazil.
De Heus has started feed production plant in India. This expansion helped strengthen its
February 2017 Business expansion
presence in the Indian market.
De Heus opened its first feed factory in Myanmar. This expansion helped strengthen its position
October 2016 Business expansion
in Asia.
Royal De Heus opened its seventh factory in Vietnam. This expansion helped expand its
May 2016 Business expansion
Global Poultry presence in Asia.

Feed Market
2019-2023
189
7.6. FORFARMERS N.V.
Kwinkweerd 12
7241 CW NL-Lochem,
The Netherland
Tel.: +31 (0)573 28 88 00
Fax: +31 (0)573 28 88 99
Website: www.forfarmersgroup.eu

ForFarmers N.V. deals with the manufacture and distribution of total feed solutions for conventional and organic
livestock farming. It operates its business through three geographical reportable segments that are The
Netherlands, Germany/Belgium/Poland, and the UK It offers various products such as liquid co-products, animal
feed, compound feed, seeds, loose raw materials, and fertilizers through its product portfolio. It is specialized
in cattle breeding, pig farming, poultry farming, vegetable, horse farming, and organic sector. It had a capital
expenditure of $53.1 million in 2018.
Global Poultry
Feed Market
2019-2023
190
TABLE 80. FORFARMERS N.V.: KEY EXECUTIVES
Designation Name
Chief Executive Officer Yoram Knoop
Chief Financial Officer Arnout Traas
Chief Operating Officer Adrie van der Ven
Chairman Cees de Jong
Vice-Chairman Sandra Addink-Berendsen

TABLE 81. FORFARMERS N.V.: COMPANY SNAPSHOT
Primary Business Animal Feed
Geographical Presence Europe
Global Poultry 2018: 2,839.8
Feed Market Overall Financial Status ($Million) 2017: 2,506.4

2016: 2,334.5

2019-2023
191
ForFarmers N.V. operates its business through the following reportable segments
TABLE 82. FORFARMERS N.V.: OPERATING SEGMENTS
This segment included the activities of compound feed and blends, feed for young animals and
The Netherlands
specialties’, raw materials and co-products to seed and fertilizer’s in Netherlands
Germany/Belgium/Poland
specialties, raw materials and co-products to seed and fertilizers in Germany, Belgium, and Poland.
UK
specialties, raw materials and co-products to seed and fertilizers in the UK.

ForFarmers N.V. offers poultry feed through the following product category
TABLE 83. FORFARMERS N.V.: PRODUCT PORTFOLIO
Global Poultry  VITAFOCUS
Feed Market  APOLLO

 Farmgate Smallholder Feeds
Poultry Feed
 Turkey Finisher Feeds
Opportunity Analysis  Turkey Rearer Pellets ACS
and Industry Forecast,  Turkey Starter and Grower Feeds
2019-2023
192
FIGURE 64. FORFARMERS N.V.: R&D EXPENDITURE, 2016 2018 ($MILLION)

6.3 6.7
5.3
2016 2017 2018
Global Poultry
Feed Market
2019-2023
193
ForFarmers N.V. registered an increase in net sales of 13.3% from 2017 to 2018 due to strong sales growth in
all the segments in 2018.
FIGURE 65. FORFARMERS N.V.: NET SALES, 2016 2018 ($MILLION)
2,839.8
2,334.5
2,506.4
2016 2017 2018
Feed Market
2019-2023
194
FIGURE 66. FORFARMERS N.V.: REVENUE SHARE BY SEGMENT, 2018 (%)
The Netherlands
26.7%
46.5%
Germany/ Belgium/Poland
26.8% UK
FIGURE 67. FORFARMERS N.V.: REVENUE SHARE BY REGION, 2018 (%)
2.7% 0.7%
0.02% The Netherlands
6.7%
UK
22.4% 40.0% Germany
Belgium
Global Poultry Poland
Feed Market Other EU countries
27.5% Other countries outside the EU

2019-2023
195
7.7. KENT NUTRITION GROUP
Attn: Customer Service 2905,
Highway 61 N
Muscatine, IA 52761,
U.S.
Tel.: +(866) 647-1212
Website: www.kentnutritiongroup.com

Kent Nutrition Group (Kent) deals with the manufacture and distribution of animal care and feed products. It
offers its products through two brands that are Kent and Blue Seal. It is specialized in trusted quality animal
nutrition, commodities, animal feed, and animal nutrition. It has 15 certified manufacturing facilities in the U.S.
It operates as a subsidiary of Kent Corporation. It is a private firm, and therefore, its financial information is
unavailable on public domain.
TABLE 84. KENT: KEY EXECUTIVES
Designation Name
Global Poultry
President Mike Gauss
Feed Market
2019-2023
196
TABLE 85. KENT: COMPANY SNAPSHOT
Primary Business Animal care and feed production
Geographical Presence U.S.
Key Strategic Move Business Expansion

Kent offers poultry feed through the following brands
TABLE 86. KENT: PRODUCT PORTFOLIO
Product Category Brand
Kent
Poultry Feed
Blue Seal
Feed Market
2019-2023
197
Kent adopted expansion as its key developmental strategy to sustain the intense competition and improve its
product portfolio.
Deluxe Feeds Inc., a division of Kent Nutrition Group (KNG) in Muscatine, Iowa, U.S. expanded
June 2017 Business expansion its facility in Sheldon, Iowa, location. This expansion allowed the production plant to better serve
customers and offer a wider variety of products and services.
Global Poultry
Feed Market
2019-2023
198
7.8. LAND O'LAKES, INC.
4001 Lexington Ave N - Arden Hills,
MN 55126-2998,
U.S.
Tel.: +1-800 328 9680 / 651 375 2222
Website: www.landolakesinc.com

Land O'Lakes, Inc., deals with the operations ranging from agricultural production to consumer food. It offers
its product through various brands in agribusiness and food production including LAND O LAKES Dairy Food,
Purina Animal Nutrition, WinField United, and Land O’Lakes SUSTAIN. It offers poultry food under its brand
Purina Animal Nutrition. It does business in all 50 states and more than 60 countries. It is a private company,
and therefore, its financial information is unavailable on public domain.
TABLE 87. LAND O'LAKES, INC.: KEY EXECUTIVES
Designation Name
Global Poultry President and Chief Executive Officer Beth Ford
Feed Market SVP and Chief Financial Officer Bill Pieper
President, Purina Animal Nutrition and

Dave Hoogmoed
EVP
2019-2023
199
TABLE 88. LAND O'LAKES, INC.: COMPANY SNAPSHOT
Primary Business Agricultural products and consumers food
Geographical Presence U.S.

Land O'Lakes, Inc. offers poultry feed through the following brand
TABLE 89. LAND O'LAKES, INC.: PRODUCT PORTFOLIO
Poultry Feed Purina Animal Nutrition

Global Poultry
Feed Market
2019-2023
200
7.9. NUTRECO N.V.
Stationsstraat 77, Amersfoort
P.O. Box 299
3800 AG Amersfoort
The Netherlands
Tel.: +31 (0)88 053 2405
Website: www.nutreco.com

Nutreco N.V. deals with the manufacture and distribution of animal nutrition and aquafeed. It offers its products
to millions of consumers worldwide. It is present in 37 countries with its two global company brands – Trouw
Nutrition (animal nutrition) and Skretting (aquafeed) – and has sales in over 90 countries. It operates as a wholly
owned subsidiary of SHV Holdings N.V.
Global Poultry
Feed Market
2019-2023
201
TABLE 90. NUTRECO N.V.: KEY EXECUTIVES
Designation Name
Chief Executive Officer Rob Koremans
Chief Financial Officer Jeroen Wakkerman
Chief Innovation Officer Viggo Halseth

TABLE 91. NUTRECO N.V.: COMPANY SNAPSHOT
Primary Business Animal nutrition and aquafeed
Key Strategic Move Acquisition, Agreement, and Partnership
2018: 23,699.4
Global Poultry Overall Financial Status ($Million) 2017: 22,448.0

2016: 20,621.6
Feed Market

2019-2023
202
Nutreco N.V. offers poultry feed through the following brand
TABLE 92. NUTRECO N.V.: PRODUCT PORTFOLIO
Product Category Brand
Poultry Feed Farm-O-San

Nutreco N.V. an increase in net sales of 5.6% from 2017 to 2018 due to positive impact of the currency exchange
rate in 2018.
FIGURE 68. NUTRECO N.V.: NET SALES, 2016 2018 ($MILLION)

Global Poultry 23,699.4

22,448.0
Feed Market
20,621.6
2016 2017 2018
Note: This is the financial information of parent organization.
203
Nutreco N.V. adopted acquisition, agreement, and partnership as its key developmental strategies to sustain
the intense competition and improve its product portfolio.
Nutreco partnered with Bayer on animal health and nutrition research. This partnership helped
July 2019 Partnership
focus on driving novel technologies and applications for animal health and nutrition.
Aqua-feed supplier Nutreco NV signed an agreement to buy the animal feed assets of South
May 2019 Agreement Korea’s CJ CheilJedang Corp. for $1.7 billion. This agreement was signed to improve its product
portfolio.
Nutreco completed the acquisition of Hi-Pro Feeds. This acquisition helped strengthen its
June 2017 Acquisition
businesses in North America.
Global Poultry
Feed Market
2019-2023
204
7.10. ROYAL AGRIFIRM GROUP
Landgoedlaan 20
7325 AW APELDOORN,
The Netherlands
Tel.: +31 88 488 1000
Fax: +31 88 488 1900
Website: www.agrifirm.com

Royal Agrifirm Group production and supply of products and services for feeding animals and cultivating crops.
It offers its various products and services for cattle, multiple sectors, pigs, and poultry. It has its presence in 16
countries within Europe, South America, and Asia. It has offices, feed mills, and service points at 59 locations.
TABLE 93. ROYAL AGRIFIRM GROUP: KEY EXECUTIVES
Designation Name
Chairman A.A.J.M. Kamp
Global Poultry Vice-chairman K. van der Bos
Feed Market Chief Executive Officer D. Hordijk
Chief Financial Officer J.G.J. Vessies

2019-2023
205
TABLE 94. ROYAL AGRIFIRM GROUP: COMPANY SNAPSHOT
Primary Business Animal feed and farming
Geographical Presence Europe, South America and Asia
Key Strategic Move Product Launch
2018: 2,464.7
2016: 2,402.0

Royal Agrifirm Group offers poultry feed through the following product category
Global Poultry TABLE 95. ROYAL AGRIFIRM GROUP: PRODUCT PORTFOLIO
Feed Market Product Category Brand/Product
Galli
Poultry Feed
Vitanox
2019-2023
206
FIGURE 69. ROYAL AGRIFIRM GROUP: R&D EXPENDITURE, 2016 2018 ($MILLION)

10.0
9.0 9.0
2016 2017 2018
Global Poultry
Feed Market
2019-2023
207
Royal Agrifirm Group registered an increase in net sales of 3.0% from 2017 to 2018 due to increased sales of all
the segments in 2018.
FIGURE 70. ROYAL AGRIFIRM GROUP: NET SALES, 2016 2018 ($MILLION)
2,464.7
2,402.0
2,392.7
2016 2017 2018
Feed Market
2019-2023
208
FIGURE 71. ROYAL AGRIFIRM GROUP: REVENUE SHARE BY ACTIVITY, 2018 (%)
0.7%
8.0% Feed the Netherlands
Arable farming and horticulture the Netherlands

17.2% Feed Europe
41.0%
Co-products
4.0%
Premixes & concentrates
14.0% Retail
15.1% Other activities
FIGURE 72. ROYAL AGRIFIRM GROUP: REVENUE SHARE BY REGION, 2018 (%)
1.8% The Netherlands

2.2% 6.6%
Belgium
4.3%
Germany
7.5%
France
1.8%
4.2% Poland
Global Poultry Hungary
66.8%
Feed Market 4.7% China
Brazil
Other countries
2019-2023
209
Royal Agrifirm Group adopted product launch as its key developmental strategy to sustain the intense
Nuscience, a member of the Royal Agrifirm Group, introduced its elite level feed technology
February 2018 Product launch suite into the Canadian market. This product was launched to improve the efficiency of its
products.
Global Poultry
Feed Market
2019-2023
210
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2019-2023
211

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1.3.2. Primary research ..................................................................................................................... 32

1.3.3. Analyst tools and models .................................................................................................... 33

CHAPTER 2: EXECUTIVE SUMMARY............................................................................ 34

CHAPTER 3: MARKET OVERVIEW ................................................................................ 37

Opportunity Analysis 3.2.3. Threat of new entrants ......................................................................................................... 40

3.3. Market dynamics ...................................................................................................... 43

3.3.1.1. Rise in consumption of poultry meat ........................................................................44

3.3.2. Restraint ..................................................................................................................................... 46

3.3.3. Opportunities ........................................................................................................................... 46

CHAPTER 4: POULTRY FEED MARKET, BY FEED TYPE ............................................... 49

4.2.2. Market size and forecast ..................................................................................................... 51

4.3.2. Market size and forecast ..................................................................................................... 55

4.3.3. Market analysis, by region .................................................................................................. 56

4.4. Premix ........................................................................................................................ 57

4.4.2. Market size and forecast, by region ............................................................................... 58

4.4.3. Market analysis, by region .................................................................................................. 59

CHAPTER 5: POULTRY FEED MARKET, BY REGION ................................................... 60

5.2. North America........................................................................................................... 62

Feed Market 5.2.3. Market size and forecast, by country ............................................................................. 64

5.2.4. U.S. ................................................................................................................................................ 65

5.2.6. Mexico ......................................................................................................................................... 69

5.3. Europe ........................................................................................................................ 71

5.3.2. Market size and forecast, by feed type ......................................................................... 71

5.3.3. Market size and forecast, by country ............................................................................. 73

5.3.5. France .......................................................................................................................................... 76

5.3.5.1. Market size and forecast, by feed type .....................................................................77

5.3.6. The Netherlands...................................................................................................................... 78

5.3.6.1. Market size and forecast, by feed type .....................................................................79

5.3.8. Italy ............................................................................................................................................... 82

5.4. Asia-Pacific ................................................................................................................ 86

5.4.2. Market size and forecast, by feed type ......................................................................... 86

5.4.3. Market size and forecast, by country ............................................................................. 88

5.4.4. China ............................................................................................................................................ 89

5.4.5. Japan ............................................................................................................................................ 91

5.4.6. India ............................................................................................................................................. 93

5.4.6.1. Market size and forecast, by feed type .....................................................................94

5.4.7. Australia ...................................................................................................................................... 95

5.4.7.1. Market size and forecast, by feed type .....................................................................96

5.4.9. Nepal ........................................................................................................................................... 99

5.5. Middle East .............................................................................................................. 103

5.5.2. Market size and forecast, by feed type ....................................................................... 104

5.5.3. Market size and forecast, by country ........................................................................... 105

5.5.4. Yemen ....................................................................................................................................... 106

5.5.5. Iraq.............................................................................................................................................. 108

5.5.6. Lebanon .................................................................................................................................... 110

5.5.6.1. Market size and forecast, by feed type .................................................................. 111

5.5.7. Iran.............................................................................................................................................. 112

5.5.9. Rest of Middle East .............................................................................................................. 116

5.6.2. Market size and forecast, by feed type ....................................................................... 118

5.6.3. Market size and forecast, by country ........................................................................... 120

5.6.4. Tunisia ....................................................................................................................................... 121

5.6.4.1. Market size and forecast, by feed type .................................................................. 122

5.6.5. Uganda ..................................................................................................................................... 123

5.6.5.1. Market size and forecast, by feed type .................................................................. 124

5.6.6. Nigeria....................................................................................................................................... 125

5.6.6.1. Market size and forecast, by feed type .................................................................. 126

5.6.7. Sudan......................................................................................................................................... 127